Conference Call with Apar Industries Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Electrical Equipment & Products company Apar Industries announced Q2FY26 results Revenue came in at Rs 5,715 crore up 23.1% vs Q2FY25, Domestic business continues to show healthy performance growing at 14.5% vs Q2FY25. Export grew 43.1% over Q2FY25. Export mix stands at 34.7% vs 29.8% in Q2FY25. US business grew 129.6% over Q2FY25. EBIDTA post open period forex posted strong growth of 24.0% over Q2FY25 led by volume acceleration, execution of high margin orders, change in product and US mix. EBITDA post forex margin stands at 8.7%. PAT grew 30.0% vs Q2FY25 to reach at Rs 252 crore; with margin of 4.4% vs 4.2% in Q2FY25. Kushal N Desai, Chairman & MD of APAR Industries said: "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. On the export front, the US Tariff situation is fluid at the moment with various announcements over past few months due to which we shall be taking tactical decisions to continue our strategic presence in the market. However, 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." Result PDF
Conference Call with Apar Industries Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Electrical Equipment & Products company Apar Industries announced Q1FY26 results Revenue came in at Rs 5,104 crore up 27.3% v/s Q1FY25, Domestic business continues to show strong performance growing at 38.3% v/s Q1FY25 Export contribution to revenue stands at 31.6% v/s 37.0% in Q1FY25. US business grew 111.3% over Q1FY25 and 23.7% over O4FY25 EBIDTA post open period forex posted strong growth of 27.0% over Q1FY25 on the back of volume acceleration, execution of high margin orders, change in product and US mix. EBITDA post forex margin stands at 9.8%, remains unchanged compared to Q1FY25 but higher by 0.5% on sequentially PAT grew 29.9% v/s Q1FY25 to reach at Rs 263 crore; with margin of 5.2%. Kushal N Desai, Chairman & MD of APAR Industries said, "We have commenced this financial year with strong topline and bottomline growth. Amidst complex global economic landscape, we were able to deliver strong results which encapsulates our growing market leadership position. While Chinese competition continuing in non-US markets, trade deal between India-US still underway, however, on the backdrop of energy shift, which continues to be a focal point on the global roadmap, we remain confident that we will continue to deliver healthy performance going forward" Result PDF
Electrical Equipment & Products company Apar Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue grew 16.9% YoY to reach Rs 5,210 crore, Domestic business continues to demonstrate resilient performance with growth of 31.4%. v/s LY O4 Export mix stands at 31.3% to overall revenue v/s 38.9% in LY O4. US business grew 195.6% over Q4FY24 and 48.1% over Q3FY25 EBIDTA post open period forex grew 5.7% YoY with margin came in at 9.3% in O4FY25 v/s 10.3% in O4FY24. EBITDA post forex grew 20.4% on sequential quarter basis. Improved product mix, resurgence of US demand and scale economies have contributed to EBITDA growth PAT at Rs 250 crore; growing at 5.9% YoY. FY25 Financial Highlights: Revenue at Rs 18,581 crore; higher by 15.0% v/s FY24. EBIDTA post open period forex at Rs 1,681 crore; up 3.0% PAT came in at Rs 821 crore; down by 0.5% v/s LY Commenting on the results as well as the outlook of the business Kushal N Desai, Chairman & MD of APAR Industries said, "We concluded the financial year with strong revenue growth across all our business verticals demonstrating our ability to deliver sustainable performance in dynamic and challenging market environment. We have achieved a historic milestone of revenue in Quarter 4 surpassing Rs 5,000 crore. Strategic business depth, resilient domestic market and growth in the US business have all contributed to achieving healthy operating margins. We are optimistic that future outlook will continue to remain strong with a steadfast commitment to higher efficiency and innovative products offerings as the world goes through the energy transition." Result PDF