APAR Industries Limited has submitted the transcript of its conference call held on October 29, 2026, discussing its Un-audited Financial Results for the second quarter of FY27 (ended September 30, 2026). The call highlighted strong consolidated revenue growth of 21.3% year-on-year to INR6,931 crores and a robust order book of INR12,025 crores as of September 30, 2026. Key segments like conductors and cables showed significant performance, with the company aiming for improved EBITDA margins.
APAR Industries Submits Q2 FY27 Earnings Call Transcript
APAR Industries Limited has officially submitted the transcript of its conference call, which took place on October 29, 2026. The call focused on the company’s Un-audited Financial Results for the second quarter of Fiscal Year 2027 (Q2 FY27), encompassing both standalone and consolidated figures. This submission aligns with regulatory requirements, providing stakeholders with detailed insights into the company’s performance and outlook.
Financial Highlights and Performance
During the conference call, management reported a consolidated revenue of INR6,931 crores for the second quarter of FY27, marking a substantial increase of 21.3% compared to the same period in the previous year. The sequential growth was also noted at 5.2%. Domestic revenues saw a significant jump of 34.3%, while exports experienced a slight decrease of 3.3%. The company’s EBITDA saw a year-on-year rise of 57.8% to INR787 crores, with EBITDA margins improving to 11.4% from 8.7%. Consequently, net profit surged by 77.8% to INR447 crores, with PAT margins improving to 6.5%.
For the first half of FY27 (H1 FY27), APAR Industries reported a healthy revenue growth of 25%, reaching INR13,522 crores, which was described as the highest ever half-yearly revenue and profit. The overall export proportion in revenue stood at 27.6%.
Order Book and Segment Performance
A key highlight from the call was the company’s strong order book, which stood at an all-time high of INR12,025 crores as of September 30, 2026. This includes new orders worth INR4,725 crores received in the second quarter alone, an 82% increase year-on-year. The order book comprises prestigious orders from utilities in the U.K. and U.S., including orders for data centers and renewable energy projects.
Segment-wise performance was also discussed:
- Conductor Division: Overall revenue grew 21.1% to INR3,753 crores, driven by increased commodity prices, though volumes dipped by 9.2%.
- Cable Division: Revenues grew 22.1% to INR1,875 crores, with strong demand from data center projects contributing significantly. The target EBITDA margin for this segment is between 10% and 12%.
- Oil Division: Revenue increased by 35.6% year-on-year to INR1,819 crores, driven by higher base oil prices, though volumes saw a reduction of about 20% as the company focuses on quality and margin over volume.
Future Outlook
Management expressed confidence in the company’s performance for FY27, citing strong structural demand drivers and a robust order pipeline across its key business segments. The company is strategically focusing on premium products and higher-margin segments, including those serving data centers and renewable energy infrastructure, to drive future growth.
Source: BSE
