APAR Industries has reported robust financial results for the second quarter and half-year ended September 30, 2026. Q2 FY27 saw consolidated revenue climb 21.3% YoY to ₹6,931 crore and PAT surge 77.8% YoY to ₹447 crore. For H1 FY27, revenue grew 25.0% YoY to ₹13,522 crore, with PAT increasing 77.7% YoY to ₹915 crore. The company also approved further investment in its Singapore subsidiary and allotted equity shares under its ESAR plan.
Strong Financial Performance Reported
APAR Industries Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company demonstrated significant growth across key financial metrics, highlighting strong operational performance and market positioning.
Q2 FY27 Highlights
For the second quarter of FY27, APAR Industries reported a consolidated revenue of ₹6,931 crore, marking a substantial 21.3% increase year-over-year (YoY) and a 5.2% increase quarter-over-quarter (QoQ). Domestic revenue saw a remarkable surge of 34.3% YoY. Profit After Tax (PAT) for the quarter grew by an impressive 77.8% YoY to ₹447 crore. The EBITDA margin stood at 11.4%, reflecting an improvement of 270 basis points YoY.
H1 FY27 Performance
The first half of FY27 was also exceptionally strong, with consolidated revenue reaching ₹13,522 crore, up 25.0% YoY. Domestic revenue in H1 FY27 grew by 35.5% YoY. PAT for the half-year increased by 77.7% YoY to ₹915 crore. The company’s EBITDA margin for H1 FY27 was 11.8%, up 260 basis points YoY.
Segmental Updates
The Conductor segment revenue in Q2 FY27 stood at ₹3,753 crore, up 21.1% YoY. For H1 FY27, this segment’s revenue was ₹7,092 crore, a 20.5% YoY increase. The Oil segment reported Q2 FY27 revenue of ₹1,819 crore (up 35.6% YoY), and H1 FY27 revenue of ₹3,525 crore (up 35.3% YoY). The Cable segment’s Q2 FY27 revenue was ₹1,875 crore (up 22.1% YoY), with H1 FY27 revenue at ₹3,713 crore (up 25.7% YoY).
Share Allotment and Investment Approval
In line with its growth strategy, the Board of Directors approved the allotment of 2,720 equity shares against the exercise of ESARs under the APAR Industries Limited Employee Stock Appreciation Rights Plan 2024. This increases the paid-up share capital to 4,18,75,057 equity shares. Furthermore, the Board approved a further investment not exceeding USD 100 Million in Petroleum Specialities Pte. Ltd., Singapore, a Wholly Owned Subsidiary.
Leadership Commentary
Mr. Kushal N. Desai, Chairman & MD, commented on the results, stating, “Amid ongoing global uncertainties, we have concluded the first half of the year with a healthy performance in both revenue and profitability reflecting the strength of our business and product offerings. Recently, the Company successfully completed a fund raise by Qualified Institutional Placement. This fund raise will significantly bolster our balance sheet thereby giving us the financial headroom to accelerate our growth initiatives.”
Source: BSE
