APARINDS NSE filing

APAR Industries Reports Highest Ever Half-Yearly Revenue and Profit for Q2 and H1 FY26

The RealCase readHigh impact Positive

APAR Industries reported record Q2 and H1 FY26 consolidated results with revenue up 23.1% and 25.0% respectively, and PAT up 30.0% and 29.9%, driven by strong export and domestic growth.

Why it matters

The announcement details record financial performance for both the quarter and half-year, indicating robust business health and future prospects, which is highly significant for investors.

The market read

The company achieved its highest-ever half-yearly revenue and profit, with significant year-on-year growth in both Q2 and H1 across key financial metrics and segments, coupled with positive management commentary on fundamental growth drivers.

Apar Industries Limited's Board of Directors, at its meeting on October 29, 2025, approved the Standalone and Consolidated Un-audited Financial Results for the Second Quarter and Six Months period ended September 30, 2025. * Consolidated Q2 FY26 Highlights: * Revenue stood at ₹ 5,715 crores, marking a 23.1% increase year-on-year (YoY). * Domestic business showed healthy growth of 14.5% YoY. * Exports grew by 43.1% YoY, with the export mix reaching 34.7% (compared to 29.8% in Q2 FY25). US business surged by 129.6% YoY. * EBITDA post open period forex registered a strong growth of 24.0% YoY, with a margin of 8.7%. * Profit After Tax (PAT) grew by 30.0% YoY to ₹ 252 crores, achieving a margin of 4.4% (up from 4.2% in Q2 FY25). * Consolidated H1 FY26 Highlights: * H1 revenue reached a historically high ₹ 10,820 crores, up 25.0% YoY. * EBITDA also achieved a historically high of ₹ 1,000 crores, up 25.5% YoY, with a margin of 9.2%. * PAT for H1 stood at ₹ 515 crores, an increase of 29.9% over H1 FY25. * Segmental Updates: * Conductor: Q2 revenue grew 34.9% YoY to ₹ 3,100 crores. H1 revenue was ₹ 5,885 crores, up 39.0% YoY. Exports grew 74.6% YoY in Q2, with US revenue up 145.7% YoY. The pending order book remains strong at ₹ 7,168 crores. * Speciality Oils: Q2 revenue remained flat YoY, but volume increased by 8.2% YoY. Domestic transformer oil grew 13.6% YoY. Q2 EBITDA post forex grew 16.0% YoY to ₹ 94 crores. * Cable Solutions: Q2 revenue was ₹ 1,535 crores, up 25.1% YoY, primarily due to better US business performance. Exports increased significantly by 82.6% YoY in Q2, and US sales grew 121.2% YoY. Q2 EBITDA post forex came in at ₹ 157 crores, a 32.0% YoY growth, with a margin of 10.2%. * Management Commentary: Mr. Kushal N Desai, Chairman & MD of APAR Industries, stated, "We have delivered strong performance in first half of the year with all time high half yearly top line and bottom line on the back of strong growth in export business and healthy domestic business performance. ...the fundamental growth drivers for the company remains intact thanks to the inflow of renewable energy and acceleration in grid modernization / augmentation at a global scale."

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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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