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APAR Industries Q2 PAT jumps 78% YoY to Rs 447 cr

30-Oct-2026 | 10:10
APAR Industries reported a 77.8% rise in consolidated net profit to Rs 447.32 crore in Q2 FY27 as against Rs 251.70 crore in Q2 FY26.
Revenue from operations increased 21.3% to Rs 6,931.19 crore in Q2 FY27 from Rs 5,715.42 crore in the corresponding quarter last year.

Profit before tax stood at Rs 596.83 crore in Q2 FY27, registering a 75.3% increase from Rs 340.53 crore reported in Q2 FY26.

EBITDA post-open period forex increased 57.8% to Rs 787 crore in Q2 FY27. EBITDA margin improved to 11.4% as against 8.7% in Q2 FY26, up 270 basis points. PAT margin stood at 6.5%, up 210 basis points YoY.

On the segmental front, the company's conductor business posted a 21.1% rise in revenue to Rs 3,753 crore in Q2 FY27. Revenue from the transformer and specialty oils business increased 35.6% to Rs 1,819 crore, while the power and telecom cables business reported a 22.1% rise in revenue to Rs 1,875 crore.

The company's domestic revenue increased 34.3% YoY, while export revenue declined 3.3%. Export revenue accounted for 27.6% of total revenue during the quarter as against 34.7% in Q2 FY26.

During Q2 FY27, the company received new orders worth Rs 4,775 crore, up 123.1% YoY. Its pending order book stood at Rs 12,025 crore as of 30 September 2026, registering a 67.2% increase over H1 FY26. Exports accounted for 51% of the overall order book.

Separately, the company continued to strengthen its international presence. It had earlier announced plans to incorporate a wholly owned subsidiary in the United Kingdom and make an investment of up to BRL 3 million in its existing subsidiary in Brazil to expand its business presence and participate in local tenders across South and Latin America.

For the half year ended 30 September 2026, APAR Industries reported a 77.7% rise in consolidated net profit to Rs 914.80 crore, while revenue from operations increased 25% to Rs 13,522.25 crore.

The company?s board has approved an additional investment of up to USD 100 million in its wholly owned subsidiary, Petroleum Specialities. (PSPL), Singapore, through equity shares, preference shares or other instruments, including debt. The investment will be made in one or multiple tranches during FY27. The proposed investment is intended for various purposes, including corporate action. APAR will continue to hold 100% stake in PSPL. The transaction will be undertaken in cash, subject to applicable regulatory approvals.

APAR Industries manufactures conductors, transformers, specialty oils, and power and telecom cables. The company exports to more than 140 countries and operates manufacturing facilities in India and the UAE. Its business is organized into three key segments: Conductors, Transformer and Specialty Oils (TSO), and Power and Telecom Cables.

Shares of APAR Industries shed 0.40% to Rs 15,768.70 on the BSE.

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