| Revenue growth | FY26 revenue up 23.3% YoY to ₹22,902cr; Q4 grew 26.7%. |
|---|---|
| Margins | Conductor margins hit record highs; oil and cable faced macro-led compression. |
| Order book | Conductor order book healthy at ₹7,671cr; cable book at ₹1,900cr. |
| Demand visibility | Strong visibility from global grid modernization and US data center expansion. |
| Management confidence | Cautiously optimistic; highlighted strong long-term fundamentals despite immediate macro headwinds. |
Growth
Revenue grew 27% in Q4, primarily volume-led. Conductor and cable divisions outperformed, with conductor EBITDA per ton reaching ₹44,919.
Outlook
Management significantly raised FY27 capex to ₹1,500cr (vs ₹740cr in FY26) to target ₹10,000cr cable revenue and capture US data center demand.
Risks
Near-term risks include Middle East war-related freight spikes, soaring aluminum premiums, and severe labor shortages at project sites due to elections.
Earnings Call filed with BSE, NSE: APARINDS. Summary written with AI assistance from the document.
Apar Industries Ltd: key numbers
- Share price
- ₹17,776.00
- Market cap
- ₹74,432 Cr
- Revenue (annual)
- ₹22,902 Cr
- Net profit (annual)
- ₹976.9 Cr
- P/E (TTM)
- 63.0×Sector 45.9×
- Promoter holding
- 55.42%-2.35% QoQ
- FII holding
- 11.36%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Apar Industries Ltd
All →Apar Industries Annual General Meeting
Apar Industries Ltd held its 37th AGM via video conferencing on September 21, 2026. The meeting covered ordinary business, including financial adoption and dividend declaration.
Apar Industries Other Announcement
Apar Industries' wholly owned subsidiary, APAR Industries Latam Ltda, has changed its name to APAR Brazil Ltda. This administrative update follows regulatory filing requirements.
Apar Industries Credit Rating
CARE upgraded Apar Industries' LT bank facility rating to CARE AA (Stable) from AA-. Short-term rating was reaffirmed at CARE A1+ following strengthening of capital structure post-QIP.
Apar Industries Earnings Call Transcript: Key Takeaways
Apar delivered record Q1 results with 29% revenue growth and 78% PAT growth. Management is cautiously optimistic but restricted from giving future guidance due to securities issuance regulations.
Apar Industries Investor Presentation: Key Takeaways
Q1FY27 consolidated revenue grew 29.1% YoY to ₹6,591 Cr, with PAT surging 77.7% to ₹467 Cr. Strong EBITDA performance across Oil and Conductor segments drove margin expansion.
Apar Industries Earnings Call: Key Takeaways
Apar Industries reported record FY26 revenue of ₹22,902 Cr (23.3% YoY) driven by domestic demand and premium product mix. Management highlighted strong U.S. traction and data center opportunities despite geopolitical headwinds.