BackDeepak Goyal: Spearheading growth at APL Apollo
Widely admired for his dynamic approach to organizational vision, Mr. Deepak Goyal has in the last more than six years of his association with APL Apollo Tubes Limited, driven excellence in the company’s day-to-day operations.
PremiumAfter gaining expertise in various segments of industries in a vast career spanning over 18 years, Mr. Deepak Goyal has finally found his true passion in structural steel pipes industry at APL Apollo Tubes Limited, where he has been engaged in leading the firm’s accounts and finance while simultaneously driving its acquisition endeavours as the company’s Group CFO.
Widely admired for his dynamic approach to organizational vision, Mr. Deepak Goyal has in the last more than six years of his association with APL Apollo Tubes Limited, driven excellence in the company’s day-to-day operations while overseeing the onerous responsibility of budget planning, funds management, treasury, taxation matters as well as strategic decision making, acquisitions and negotiations, among others. He has been contributed a lot in APL Apollo’s growth and product portfolio expansion.
As a key managerial person (KMP), he leads an efficient team of more than 100 people and is responsible for issuing the financial statements of the company after reporting to the Board of Directors regarding the authenticity of the same. He is also responsible for taking appropriate financial actions, besides tracking and analyzing the financial strength of APL Apollo while it sores to new heights with product portfolio expansion and deeper market penetration.
A true captain who has been a scholar par excellence in all the areas of his work, Mr. Goyal says, “APL Apollo has showcased strong growth of more than EBITA CAGR of 25 % of APL Apollo, the largest producer of Electric Resistance Welded (ERW) Steel Pipes which commands more than 50% of the structural tubes market in India with the capacity of 2.5 million tones. " He says that APL Apollo has over the years gone from strength to strength to lead the charge in revolutionizing the Steel Tubes and Pipes manufacturing industry. “APL Apollo enjoys a vast product portfolio of over 1500 varieties of Structural Tubes to be used for Residential and Commercial Construction and Infrastructure development," he adds.
In recent years, APL Apollo has taken major steps to contribute to a more sustainable planet and this event communicated this agenda both to members within the company and to the outside world. Says Mr. Goyal, “It is through the countrywide “Steel for Green" initiative APL Apollo is pushing for the mass adoption of steel products instead of wood, especially when it comes to everyday home items– whether it’s the chaukhat outside the house or the handrail used for stairways." The Company's vast distribution network of over 800 distributors is spread all across India, with warehouses cum-branch offices in over 28 cities. Despite the current volatile market scenario, APL Apollo has managed to register commendable net profit which is the testimony of the company’s strong fundamentals.
Disclaimer: This is a company press release. No HT Group journalist is involved in the creation of this content.
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