APAR Industries announced its highest ever half-yearly revenue and profit. Q2 FY26 revenue increased by 23.1% YoY, with PAT growing by 29.8% YoY. H1 FY26 also saw record revenue, up 25.0% YoY, and a 29.8% YoY increase in PAT. Strong export performance and continued domestic growth drove the results. APAR’s strategic positioning and operational efficiencies are key to this success.
Financial Performance Highlights
APAR Industries reported a strong financial performance for Q2 FY26 and H1 FY26:
- Q2 FY26 Revenue: ₹5,715 crores, up 23.1% YoY.
- Q2 FY26 PAT: Grew 29.8% YoY.
- H1 FY26 Revenue: Grew 25.0% YoY to ₹10,820 crores.
- H1 FY26 EBITDA: Reached ₹1,000 crores, with a margin of 9.2%.
- H1 FY26 PAT: Increased by 29.9% compared to H1 FY25, reaching ₹515 crores.
Segmental Performance
Conductor Segment:
- Q2 revenue reached ₹3,100 crores, up 34.9% YoY.
- H1 revenue reached ₹5,885 crores, up 39.0% YoY.
- Total volume increased by 16.2% YoY in Q2.
- US revenue increased significantly, up 145.7% YoY in Q2.
Speciality Oils:
- EBITDA post forex in Q2 grew 16.0% to ₹94 crores.
- EBITDA post forex per KL stood at ₹5,869.
- H1 EBIDTA post forex grew 12.3% to ₹199 crores.
Cable Solutions:
- Q2 revenue reached ₹1,535 crores, up 25.1% YoY.
- H1 revenue grew 30.2% YoY to ₹2,954 crores.
- EBIDTA post forex came in at ₹157 crores with YoY growth of 32.0%.
- EBITDA margin stood at 10.2%, up 50 bps YoY.
Strategic Outlook
Mr. Kushal N Desai, Chairman & MD of APAR Industries, commented, “We have delivered strong performance in first half of the year with all time high half yearly top line and bottom line on the back of strong growth in export business and healthy domestic business performance.” He also noted the company will take tactical decisions regarding the US market due to fluid tariff situations, but the fundamental growth drivers remain intact because of renewable energy and grid modernization.
Source: BSE