APAR Industries has announced its Q2FY26 and H1FY26 results, showcasing strong revenue growth. Q2 revenue increased by 23.1% YoY to ₹5,715 crores, and H1 revenue reached ₹10,000 crores, a 25.0% YoY increase. EBITDA for Q2 grew by 24.0% YoY, and PAT rose by 30.0%. The Conductor division led the growth, with a 34.9% increase in Q2 revenue.
Financial Performance Highlights
APAR Industries reported a strong financial performance for both Q2 and H1 of FY26.
Key highlights:
- Q2 Revenue: ₹5,715 crores, up 23.1% YoY
- H1 Revenue: ₹10,820 crores, up 25.0% YoY
- Q2 EBITDA: ₹499 crores, up 24.0% YoY
- H1 EBITDA: ₹1,000 crores, up 25.5% YoY
- Q2 PAT: ₹252 crores, up 30.0% YoY
- H1 PAT: ₹515 crores, up 29.9% YoY
Segmental Performance
Conductor Division:
- Q2 Revenue: ₹3,100 crores, a 34.9% increase YoY
- H1 Revenue: ₹5,885 crores, a 39.0% increase YoY
- Q2 EBITDA: ₹248 crores, a 21.4% increase YoY
- H1 EBITDA: ₹497 crores, a 27.0% increase YoY
The conductor division benefited from volume growth, product mix improvements, and better price realization.
Specialty Oil and Lubricant Division:
- Q2 Revenue: ₹1,341 crores
- H1 Revenue: ₹2,604 crores
- Q2 EBITDA: ₹94 crores, up 16.0% YoY
- H1 EBITDA: ₹199 crores, up 12.3% YoY
Cable Division:
- Q2 Revenue: ₹1,535 crores, a 25.1% increase YoY
- H1 Revenue: ₹2,954 crores, a 30.2% increase YoY
- Q2 EBITDA: ₹157 crores, a 32.0% increase YoY
- H1 EBITDA: ₹299 crores, a 32.1% increase YoY
Key Growth Drivers
- Domestic revenue growth
- Export growth
- Improved product mix
- Enhanced US business performance
Order Book
The Conductor division’s pending order book stands at ₹7,168 crores, with exports contributing 24.0%. New order inflow in H1 for the conductor division was ₹5,256 crores. The Cable division’s pending order book is at ₹1,836 crores.
Source: BSE
