APARINDS NSE filing

Apar Industries Q4 FY26 Revenue Surges 26.7% to ₹6,603 Crore; PAT at ₹254 Crore

The RealCase readHigh impact Positive

Apar Industries reported Q4 FY26 revenue of ₹6,603 crore, up 26.7% YoY, and FY26 revenue of ₹22,902 crore, up 23.3%. EBITDA rose 19.3% to ₹584 crore in Q4 FY26. PAT was ₹254 crore in Q4 FY26, up 1.4%, and ₹977 crore for FY26, up 19.0%. Strong growth was seen across Conductor and Cable divisions.

Why it matters

The announcement details robust financial performance with substantial revenue and profit growth, including record annual revenue, which is a material event for investors and stakeholders.

The market read

The company reported significant year-on-year growth in revenue and EBITDA for both the quarter and the full fiscal year, driven by strong performance across its business segments and a record high annual revenue. PAT also showed positive growth, despite some one-off exceptional losses.

Apar Industries Limited has announced its financial results for the fourth quarter and full financial year ended March 31, 2026 (FY26). The company reported a consolidated revenue from operations of ₹6,603 crore for Q4 FY26, marking a significant increase of 26.7% compared to ₹5,210 crore in Q4 FY25. For the twelve months of FY26, revenue reached an all-time high of ₹22,902 crore, up 23.3% from ₹18,581 crore in FY25.

Consolidated EBITDA for Q4 FY26 stood at ₹584 crore, a 19.3% rise from ₹490 crore in the prior year quarter. For the full year, EBITDA increased by 23.0% to ₹2,067 crore. Profit After Tax (PAT) for Q4 FY26 was ₹254 crore, a slight increase of 1.4% over ₹250 crore in Q4 FY25. For FY26, PAT grew by 19.0% to ₹977 crore.

The company's performance was driven by sustained domestic business, scaling up of its US operations, and higher realisations. Domestic revenue saw a robust growth of 33.6% in Q4 FY26 YoY, while exports grew by 11.7%. The Conductor Division reported a Q4 FY26 revenue of ₹3,764 crore, up 29.9% YoY, with volumes growing 9.0%. The Cable Division's revenue was ₹1,903 crore, a 35.0% increase YoY, driven by commodity price increases. The Specialty Oil and Lubricant Division reported Q4 FY26 revenue of ₹1,311 crore, a 4.8% increase YoY.

Exceptional losses of ₹8 crore were incurred in Q4 FY26 due to impacts from the new wage code on gratuity and leave encashment, mark-to-market (MTM) impact of ECB loans, and provision for an old legal case. Excluding these one-offs, PAT would have grown by 14% YoY for the quarter and 27% for the full year.

The pending order book across divisions stood at ₹7,671 crore for the Conductor Division and ₹1,800 crore for the Cable Division.

Filing to action

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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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Primary source

A plain-language summary of a public exchange filing by Apar Industries Limited. Read the original for the full detail.

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