ALFA Finder| Revenue growth | 29.1% YoY growth reaching ₹6,591 crore. |
|---|---|
| Margins | EBITDA margin improved to 12.4% from 9.8% YoY. |
| Order book | Conductors at ₹10,190 Cr; Cables at ₹1,925 Cr. |
| Demand visibility | Strong US/Europe utility demand and data center growth. |
| Management confidence | Balanced; disciplined execution despite external geopolitical and logistical headwinds. |
Growth
Growth was driven by superior risk management and premium product mix, particularly in conductors and oils.
Outlook
Order book stands at ₹10,190 crore for conductors; ₹1,925 crore for cables.
Risks
Volatile metal and crude prices, geopolitical disruptions in shipping, and inventory devaluation risks.
Last quarter's promises, checked
Delivered
- Guided 25% Cable revenue CAGR → delivered 25.8% FY26 growth (= BEAT)
- Guided 10% Conductor volume growth → delivered 8.6% FY26 volume growth (= PARTIAL)
- Guided INR 35k-36k Conductor EBITDA/MT → delivered INR 43,012 FY26 (= BEAT)
Partly delivered
- Guided INR 1,500 Cr FY27 Capex → frontloaded INR 740 Cr in FY26 (= PARTIAL)
Missed
- Guided 15% Transformer Oil growth → delivered 12.2% domestic growth (= MISS)
Earnings Call Transcript 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