| 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
- ₹18,160.00
- Market cap
- ₹76,040 Cr
- Revenue (annual)
- ₹22,902 Cr
- Net profit (annual)
- ₹976.9 Cr
- P/E (TTM)
- 64.4×Sector 45.6×
- 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.
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