ALFA Finder| 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
- ₹14,625.00
- Market cap
- ₹61,242 Cr
- Revenue (annual)
- ₹22,902 Cr
- Net profit (annual)
- ₹976.9 Cr
- P/E (TTM)
- 44.5×Sector 44.3×
- Promoter holding
- 55.42%-2.34% QoQ
- FII holding
- 12.55%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 Acquisition Worth ₹35.5 Cr
APAR's subsidiary PSPL will acquire a 70% stake in China-based Hebei Jinghuan Cable for Rs.35.50 Crore in cash. The non-operating, export-focused target expands APAR's aluminium conductor manufacturing footprint.
- Value
- ₹35.50 Cr
Apar Industries Acquisition
Apar's WOS PSPL acquires 70% of China's Hebei Jinghuan Cable for RMB 24.85 million in cash. The non-operating entity will export aluminium overhead conductors.
Apar Industries Other Announcement
APAR Industries' QIP monitoring agency reported no fund deviation for the quarter ended September 30, 2026. Utilisation matches the offer document, with ₹560.14 crore unutilised.
Apar Industries Capital Structure Change
APAR Industries will infuse up to USD 100 million in cash into wholly owned subsidiary PSPL during FY2026-27. The infusion is valued at Rs.952.40 Crore.
- Value
- ₹952.4 Cr
- Execution
- FY 2026-27, in single or multiple tranches
Apar Industries Management Change
APAR Industries re-appointed Mr. Kaushal J. Sampat as Non-Executive Independent Director for a second 5-year term from 31 January 2027. Subject to shareholder approval.
- Execution
- 60 months
Apar Industries Earnings Call Transcript: Key Takeaways
Apar delivered 77.8% PAT growth despite volume contraction in oils and conductors, aided by premiumization and margin expansion. A successful ₹2,500 Cr QIP significantly strengthened the balance sheet.
- Call
- Guides 25% growth