Apar Industries reported a strong Q2 FY27 performance with revenue up 21.3% to Rs 6,931 crore and net profit surging 77.8% to Rs 447 crore. The company also approved a USD 100 million investment into its Singapore-based subsidiary to fuel global growth, backed by a record order book of Rs 12,025 crore.
Apar Industries Q2 Profit Surges 78% to Rs 447 Crore
Revenue grew 21.3% YoY to Rs 6,931 crore; Board clears USD 100 million subsidiary investment.
Reader Takeaway: Robust margin expansion and a record order book drive growth, though elevated commodity costs remain a key monitorable.
What just happened
Apar Industries released its financial results for the quarter ended September 30, 2026. The company reported a significant 77.8% increase in Profit After Tax (PAT) to Rs 447 crore compared to Rs 252 crore in the corresponding period last year. Revenue from operations climbed 21.3% to Rs 6,931 crore. EBITDA reached Rs 787 crore, reflecting a margin improvement of 270 basis points to 11.4%.
Why this matters
The financial performance highlights strong operational efficiency within the conductor and cable segments. Beyond the numbers, the board approved an investment of up to USD 100 million in its wholly-owned subsidiary, Petroleum Specialities Pte Ltd, Singapore. This capital infusion is earmarked for growth initiatives throughout the remainder of FY 2026-27, signalling management's confidence in long-term global expansion.
The backstory
The company maintains a record-high pending order book of Rs 12,025 crore, which provides clear earnings visibility. Additionally, the company completed an allotment of 2,720 equity shares under the ESAR Plan 2024, slightly increasing its paid-up share capital. The board also re-appointed Mr. Kaushal J. Sampat as an Independent Director for a second five-year term.
Risks to watch
While the company is performing well, management highlighted that metal and base oil prices remain elevated. Volatility in these input costs could pressure margins in upcoming quarters. Furthermore, the USD 100 million investment is subject to regulatory compliance under the Foreign Exchange Management Act (FEMA).
What to track next
Investors should track the pace of execution regarding the overseas investment and the company’s ability to manage inflationary pressures in the commodity markets during the second half of the fiscal year.