Apl Apollo Tubes Ltd vs Grindwell Norton Ltd Stock Comparison
Apl Apollo Tubes Ltd vs Grindwell Norton Ltd Stock Comparison
Last Updated on: May 08, 2026
Key Highlights
The Latest Trading Price of APL Apollo Tubes Ltd is ₹ 1956 as of 08 May 10:52
. The P/E Ratio of APL Apollo Tubes Ltd changed from 48.6 on March 2021 to 55.9 on March 2025 . This represents a CAGR of 2.84% over 5 yearsThe P/E Ratio of Grindwell Norton Ltd changed from 44.1 on March 2021 to 50.6 on March 2025 . This represents a CAGR of 2.79% over 5 years The Market Cap of APL Apollo Tubes Ltd changed from ₹ 17492 crore on March 2021 to ₹ 42308 crore on March 2025 . This represents a CAGR of 19.32% over 5 yearsThe Market Cap of Grindwell Norton Ltd changed from ₹ 10544 crore on March 2021 to ₹ 18670 crore on March 2025 . This represents a CAGR of 12.10% over 5 years The revenue of APL Apollo Tubes Ltd for the Mar '26 is ₹ 6305 crore as compare to the Dec '25 revenue of ₹ 6007 crore. This represent the growth of 4.97% The revenue of Grindwell Norton Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 771.66 crore. This represent the decline of -100% The ebitda of APL Apollo Tubes Ltd for the Mar '26 is ₹ 547.52 crore as compare to the Dec '25 ebitda of ₹ 496.51 crore. This represent the growth of 10.27% The ebitda of Grindwell Norton Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 157.55 crore. This represent the decline of -100% The net profit of APL Apollo Tubes Ltd changed from ₹ 193.17 crore to ₹ 354.35 crore over 8 quarters. This represents a CAGR of 35.44%
The net profit of Grindwell Norton Ltd changed from ₹ 93.37 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00%
The Dividend Payout of APL Apollo Tubes Ltd changed from 17.73 % on March 2022 to 47.56 % on March 2025 . This represents a CAGR of 27.98% over 4 yearsThe Dividend Payout of Grindwell Norton Ltd changed from 43.45 % on March 2021 to 52.16 % on March 2025 . This represents a CAGR of 3.72% over 5 years .
About APL Apollo Tubes Ltd
Owing to dynamic leadership of Sanjay Gupta, APL Apollo Tubes Limited (APL) is the largest and the most innovative producer of Structural steel tubes and pipes in India.
Presently, the Company is engaged in production of ERW steel tubes and has 8 manufacturing units one each at Sikanderabad in Uttar Pradesh, Hosur in Tamil Nadu, Raipur in Chhattisgarh, Murbad in Maharashtra, Chegunta in Telangana, Attebele, Karnataka, Dujana in Uttar Pradesh and Mallur in Karnataka.
Headquartered at Delhi NCR, the Company runs 11 manufacturing facilities with a total capacity of 3.8 MTPA. The Company's vast 3-tier distribution network of over 800 dealers is spread all across India, with warehouses cum- branch offices in over 20 cities.
APL Apollo's multi-product offerings include over 2,000 varieties of MS Black pipes, Galvanized Tubes, Pre-Galvanized Tubes, Structural ERW Steel tubes and Hollow Sections.
About Grindwell Norton Ltd
Grindwell Norton Limited (GNL) is one of the subsidiary of Compagnie de Saint-Gobain (Saint-Gobain), a transnational group with its headquarters in Paris and with sales of EUR 46.60 billion in 2025.
Saint-Gobain has reorganized its businesses into two broad areas:
Construction or Building related businesses focused on serving regional markets and High-Performance Solutions ('HPS') catering to the global market.
GNO's businesses are part of the HPS Sector.
Within GNO, the businesses are divided into 2 major segments: Abrasives & Ceramics & Plastics.
The main businesses in GNL segment are Silicon Carbide, High Performance Refractories and Performance Plastics.
The Abrasives business has four manufacturing sites: Mora (near Mumbai), Bengaluru, Nagpur and Baddi (Himachal Pradesh).
FAQs for the comparison of APL Apollo Tubes Ltd and Grindwell Norton Ltd
Which company has a larger market capitalization, APL Apollo Tubes Ltd or Grindwell Norton Ltd?
Market cap of APL Apollo Tubes Ltd is 54,776 Cr while Market cap of Grindwell Norton Ltd is 18,375 Cr
What are the key factors driving the stock performance of APL Apollo Tubes Ltd and Grindwell Norton Ltd?
The stock performance of APL Apollo Tubes Ltd and Grindwell Norton Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for APL Apollo Tubes Ltd and Grindwell Norton Ltd?
As of May 8, 2026, the APL Apollo Tubes Ltd stock price is INR ₹1972.8. On the other hand, Grindwell Norton Ltd stock price is INR ₹1659.65.
How do dividend payouts of APL Apollo Tubes Ltd and Grindwell Norton Ltd compare?
To compare the dividend payouts of APL Apollo Tubes Ltd and Grindwell Norton Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
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