APAR Industries reported its highest-ever quarterly sales and profit for Q1 FY27, with consolidated revenues growing over 29% to INR 6,591 crore. EBITDA surged 62.7% to INR 814 crore, and profit after tax increased by 77.7% to INR 467 crore. All three divisions demonstrated year-on-year profitability growth, underscoring strong operational execution amidst challenging external factors.
Record Financial Performance in Q1 FY27
APAR Industries has announced a landmark quarter for Q1 FY27, achieving its highest quarterly sales and profit in the company’s history. Consolidated revenues experienced robust growth of over 29% year-on-year, reaching INR 6,591 crore. This impressive performance was driven by a 36.8% increase in domestic revenue and a 12.4% rise in export revenue.
EBITDA and Profitability Surge
The company’s EBITDA saw a substantial increase of 62.7% year-on-year, amounting to INR 814 crore, with the margin improving to 12.4% from 9.8% in the prior year. This significant growth in EBITDA is attributed to higher sales realization and improved unit profitability across all divisions, with the oil division being a key contributor. Profit after tax (PAT) escalated by 77.7% to INR 467 crore, with the PAT margin improving by approximately 200 basis points to 7.1%.
Divisional Performance Highlights
The conductor division reported revenue growth of 19.9% to INR 3,338 crore, despite a volume decrease attributed to metal price fluctuations. The premium product mix within this division saw an increase, contributing 50.3% to revenues. The oil division‘s revenue grew by 34.7% to INR 1,701 crore, navigating volatile crude oil prices effectively. The cable division achieved revenue growth of 29.5% to INR 1,838 crore, with domestic revenue up by a strong 59.9% and export revenue down 13.7%.
Operational Resilience
Despite facing external challenges such as geopolitical tensions, logistics difficulties, and manpower shortages, APAR Industries demonstrated strong execution capabilities. The company successfully managed its working capital, with debtors and inventory days in the conductor division improving. The overall outlook remains positive, with significant order books in place for future execution.
Source: BSE
