Prolonged Middle East crisis
The ongoing war has disrupted global supply chains and impacted Dubai operations at 40% utilization.
APLAPOLLOTUBES / Q4-FY26 / risks
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Apl Apollo Tubes · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
high
Energy shortages in India
Gas shortages caused temporary shutdowns in March; fear of recurrence may limit production to 80-85%.
Demand slowdown from construction halts
Construction sites halted due to labor shortages and raw material price inflation, delaying purchases.
Steel price volatility and inventory risk
Rapid steel price increases may lead to destocking; however, low inventory days mitigate mark-to-market risk.