Apar Industries Achieves Record FY26 Revenue of ₹22,902 Cr, Profit ₹977 Cr

Consolidated Revenue (FY26): ₹22,902.12 crore
Consolidated Profit After Tax (FY26): ₹976.93 crore

Reader Takeaway: Record financials and robust order book offer growth; supply chain sensitivity is a watch point.

What just happened

Apar Industries Limited has announced its audited financial results for the financial year ended March 31, 2026. The company reported a consolidated revenue of ₹22,902.12 crore and a consolidated profit after tax (PAT) of ₹976.93 crore. The board has recommended a final dividend of ₹60 per equity share.

Why this matters

These results mark a significant achievement for Apar Industries, with both revenue and profit reaching all-time highs. The strong performance, coupled with a robust order book of ₹7,671 crore, indicates sustained growth and provides revenue visibility for the future. The recommended dividend offers a direct return to shareholders.

The backstory

The company's FY26 performance reflects its strategic focus on core business segments like conductors, transformer and speciality oils, and power/telecom cables. The results come with an unmodified opinion from statutory auditors, assuring the quality of financial reporting.

What changes now

With record financials and a healthy order book, Apar Industries is poised for continued operational expansion. An investment of up to BRL 550,000 has been approved for its Brazil subsidiary, Apar Industries Latam Ltda, to participate in local tenders. The recommended dividend, subject to shareholder approval, will be a direct payout.

Risks to watch

Concerns include potential supply chain disruptions, as seen with the Specialty Oils segment in March due to geopolitical instability. One-time provisions for past service costs on gratuity, compensated absences, and an old legal case, totaling ₹32.53 crore consolidated, impacted the reported PAT.

Peer comparison

While specific peer results for FY26 are not detailed in the filing, Apar Industries' record performance suggests strong competitive positioning within the power infrastructure and electrical equipment manufacturing sector in India.

Context metrics (time-bound)

For the fiscal year 2026:

• Consolidated Revenue: ₹22,902.12 crore
• Consolidated Profit After Tax: ₹976.93 crore
• Standalone Revenue: ₹21,996.57 crore
• Standalone Profit After Tax: ₹973.91 crore
• Q4 FY26 Consolidated Revenue: ₹6,602.81 crore
• Q4 FY26 Consolidated Profit After Tax: ₹253.44 crore
• Order Book: ₹7,671 crore

What to track next

Investors will monitor the company's ability to maintain its growth trajectory, manage supply chain challenges, and the successful execution of its expansion plans in Brazil. The dividend payout will also be a key event for shareholders.