Apar Industries Q2 FY27 results (Jul–Sep 2026) and concall

Capital Goods · Concall AI · Call held 29 Oct 2026

Company page: Apar Industries share price, financials & guidance record

Apar delivered a strong Q2 FY27. Revenue grew 21.3% to INR6,931 crores, EBITDA grew 57.8% to INR787 crores and PAT grew 77.8% to INR447 crores, helped mainly by unusually high oil margins and higher conductor realisation per tonne. Volumes were weak, though: conductor volume fell 9.2% as TBCB customers delayed clearances because of metal inflation, and oil volume fell ~20% because management deliberately limited credit exposure. Order books are at record levels (conductors INR12,025 crores, cables INR3,000 crores), and management expects H2 conductor volumes to be stronger and the ~INR800 cror

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What they filed

Q2 FY27: revenue down 7.4%, net profit up 71.3% against the same quarter last year.

₹ Cr · quarterly

Line item	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27	Q2 FY27
Revenue	20	18	30	27	15 −25%	30 +67%	33 +10%	25 −7%
Expenses	4,163	4,539	4,443	5,004	4,756	5,971	5,737	6,137
EBITDA	346	441	438	459	435 +26%	490 +11%	741 +69%	701 +53%
Margin	8%	9%	9%	8%	8%	8%	11%	10%
Other income	36	20	27	24	-15	14	34	65
Interest	114	97	83	104	101	134	122	136
Depreciation	30	33	35	37	37	39	42	43
Profit before tax	239	332	347	342	282 +18%	331 −0%	611 +76%	587 +72%
Tax rate	26%	27%	26%	26%	26%	23%	26%	26%
Net profit	176	244	258	254	208 +18%	255 +5%	453 +76%	435 +71%
EPS	43.83	60.81	64.19	63.20	51.69	63.36	112.77	103.93

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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