Apar Industries Q3 FY26 Results: Revenue ₹5,480 Cr, PAT ₹209 Cr; Appoints New Director
Apar Industries reported Q3 FY26 consolidated revenue of ₹5,480 Cr (up 16.2% YoY) and PAT of ₹209 Cr (up 19.4% YoY). For 9M FY26, revenue was ₹16,299 Cr (up 21.9% YoY) and PAT was ₹723 Cr (up 26.6% YoY). The company also appointed Mr. Pitamber Shivnani as Independent Director.
The announcement includes positive financial results with significant year-on-year growth and a key board appointment, which are material events for investors.
The company reported strong year-on-year growth in revenue and profit for both the quarter and nine-month periods, along with positive commentary from the Chairman & MD.
Apar Industries Limited announced its financial results for the third quarter and nine months ended December 31, 2025. The company reported consolidated revenue of ₹5,480 crores for Q3 FY26, a 16.2% year-on-year increase, driven by strong domestic business performance. Domestic revenue grew by 30.0% compared to Q3 FY25, while exports saw a decline of 11.2% YoY, contributing 25.6% to overall revenues. EBITDA post open period forex increased by 20.4% YoY to ₹251 crores for the quarter, with a margin of 8.8%. Profit After Tax (PAT) grew by 19.4% YoY to ₹209 crores, with a PAT margin of 3.8%.
For the nine months ended December 31, 2025 (9M FY26), Apar Industries achieved a historically high revenue of ₹16,299 crores, marking a 21.9% YoY growth. EBITDA for 9M FY26 increased by 23.8% YoY to ₹1,483 crores, with an EBITDA margin of 9.1%. PAT for the nine-month period stood at ₹723 crores, a 26.6% increase compared to the previous year.
Segmentally, the Conductor segment reported a revenue of ₹3,063 crores for Q3 FY26, up 25.1% YoY, with volumes up 8.4% for 9M FY26. Speciality Oils segment revenue grew by 18.4% YoY to ₹1,362 crores in Q3 FY26, and Cable Solutions revenue increased by 7.6% YoY to ₹1,362 crores.
The company also announced the appointment of Mr. Pitamber Shivnani as an Independent Director (Non-Executive), effective January 29, 2026, subject to shareholder approval. Mr. Shivnani brings extensive experience in the Transmission and Distribution sector.
Commenting on the results, Mr. Kushal N Desai, Chairman & MD, highlighted the healthy performance despite muted US business, attributing it to a strong focus on the domestic market. He expressed optimism regarding ongoing trade deal negotiations with the US.
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Apar Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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