ALFA Finder| Revenue growth | 29.1% YoY |
|---|---|
| Margins | Consolidated EBITDA margin at 12.4% vs 9.8% YoY. |
| Order book | Total pending orders at ₹12,115 Cr. |
| Demand visibility | Strong; large overseas utility orders with 4-year delivery spread. |
| Management confidence | High; citing investments behind global transmission capex. |
Growth
Revenue up 29.1% YoY; PAT up 77.7% YoY. EBITDA margins expanded 260 bps YoY to 12.4%.
Outlook
Pending order book at ₹12,115 Cr (Conductor ₹10,190 Cr, Cable ₹1,925 Cr). Large overseas utility orders exceeding ₹2,800 Cr secured.
Risks
Surge in metal prices impacted conductor order booking; Middle East crisis closed Hamriyah port affecting oil volumes.
Last quarter's promises, checked
Delivered
- Guided 25% Cable revenue growth → delivered 29.5% (= BEAT)
- Guided Conductor premium mix >50% → delivered 50.3% (= BEAT)
- Guided Cable revenue ₹10,000 Cr target → Current trajectory on track (= BEAT)
Partly delivered
- Guided Conductor EBITDA ₹35k-36k/MT + tailwinds → delivered margin expansion but on lower volumes (= PARTIAL)
Missed
- Guided 10% Conductor volume growth → delivered -6.7% (= MISS)
- Guided Oil volume stability → delivered -13.7% (= MISS)
Investor Presentation filed with NSE, NSE: APARINDS. Summary written with AI assistance from the document.
Apar Industries Ltd: key numbers
- Share price
- ₹14,201.00
- Market cap
- ₹59,467 Cr
- Revenue (annual)
- ₹22,902 Cr
- Net profit (annual)
- ₹976.9 Cr
- P/E (TTM)
- 43.2×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