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Entity-Specific Rating Rationales

07 Nov 2024

APL Apollo Tubes Limited: Rating Reaffirmed

APL Apollo Tubes Limited: Rating Reaffirmed

04 Sep 2024

APL Apollo Tubes Limited: Long-term rating upgraded to [ICRA]AA+; short-term rating reaffirmed; outlook revised to Stable; rated amount enhanced for CP

APL Apollo Tubes Limited: Long-term rating upgraded to [ICRA]AA+; short-term rating reaffirmed; outlook revised to Stable; rated amount enhanced for CP

31 Mar 2024

APL Apollo Tubes Limited: Ratings reaffirmed

APL Apollo Tubes Limited: Ratings reaffirmed

29 Dec 2023

APL Apollo Tubes Limited: Ratings reaffirmed; Outlook revised to Positive

APL Apollo Tubes Limited: Ratings reaffirmed; Outlook revised to Positive

30 Mar 2023

APL Apollo Tubes Limited: Ratings reaffirmed; rated amount enhanced

APL Apollo Tubes Limited: Ratings reaffirmed; rated amount enhanced

17 Nov 2022

APL Apollo Tubes Limited: Ratings reaffirmed

APL Apollo Tubes Limited: Ratings reaffirmed

29 Jun 2022

APL Apollo Tubes Limited: Change in Limits

APL Apollo Tubes Limited: Change in Limits

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Entity-Specific Credit Perspective Reports

03 Oct 2024

APL Apollo Tubes Limited

APL Apollo Tubes Limited (Non-SF)

30 Jan 2024

APL Apollo Tubes Limited

APL Apollo Tubes Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Term Loan -- -- [ICRA]AA+(Stable) --
Fund based- Working Capital Facilities [ICRA]A1+ -- [ICRA]AA+(Stable) --
Long term / Short term: Unallocated [ICRA]A1+ -- [ICRA]AA+(Stable) --
Commercial Paper [ICRA]A1+ -- -- --
Non Fund-based facilities [ICRA]A1+ -- -- --
Non-Convertible Debentures -- -- * --

Our Analysts

Analyst 1

Devanshu Gupta

Analyst 2

Sumit Jhunjhunwala

Sector Head

Girishkumar Kashiram Kadam
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Securities Broking Sector: Structural drivers to support performance at a healthy level, despite signs of deceleration

Securities Broking Sector: Structural drivers to support performance at a healthy level, despite signs of deceleration
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ICRA Webinar on the Indian Banking Sector - Regulatory easing to support credit growth in FY2026; asset quality remains monitorable

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