Apar Industries reported its highest-ever consolidated revenue of ₹22,902 crore in FY26, up 23.25% YoY, with profit after tax rising 19% to ₹977 crore. The board has proposed a final dividend of ₹60 per equity share for FY26.

The 37th Annual General Meeting is scheduled for September 21, 2026, at 2:30 pm through Video Conferencing or Other Audio Visual Means. The record date for dividend eligibility and remote e-voting entitlement has been fixed at September 14, 2026. The disclosure was filed with the National Stock Exchange of India Limited and BSE Limited on August 25, 2026, pursuant to Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

FY26 financial performance

All three core segments contributed to the record performance. The Conductors division crossed the ₹10,000 crore milestone, while Cables emerged as the second-largest segment. The following table summarises consolidated financial highlights over five years.

Segmental performance

The Conductors segment delivered revenue of ₹12,712 crore, up 32.7% YoY, with EBITDA of ₹1,040 crore and EBITDA per MT of ₹43,012. Sales volume reached 2,41,788 MT, up 8.6%. The Cable Solutions segment reported revenue of ₹6,220 crore, up 25.8%, with EBITDA of ₹633 crore and EBITDA margin of 10.2%. Speciality Oils revenue rose 5.6% to ₹5,373 crore, with volume up 9% to 6,31,985 KL.

The segmental revenue mix stood at Conductors 51.9%, Cable Solutions 25.4%, Speciality Oils 21.9%, and Others 0.8%. Exports contributed 29.77% of consolidated FY26 revenue, with domestic sales accounting for 70.23%.

Dividend and AGM details

The board has recommended a dividend of ₹60 per fully paid-up equity share of face value ₹10 each, representing 600% of face value, for FY26. This compares with a 510% dividend paid in FY25. The dividend is subject to shareholder approval at the 37th AGM.

Shareholders holding equity shares as of the close of business on the record date will be eligible to receive the dividend. Payment will occur within the statutory period following member approval at the AGM.

Capital structure and balance sheet

Total equity stood at ₹5,393 crore as at March 31, 2026, against total assets of ₹13,711 crore. Total borrowings were ₹841 crore, with a debt-to-equity ratio of 0.16. Cash flow from operations was ₹968 crore. The company invested ₹1,577 crore in capex over the last three years, with FY26 capex of ₹737 crore, up 44.51% YoY. The company operates 11 manufacturing plants across India and one in Sharjah, UAE, serving customers in 140+ countries.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE372A01015/a4471e63-2bfd-47b7-8cff-1c163f0c9955.pdf

Apar Industries has filed its Business Responsibility & Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the stock exchanges. The filing includes reasonable assurance on core indicators by TÜV SÜD South Asia Private Limited.

The company announced that its 37th Annual General Meeting will be held on September 21, 2026, via video conferencing.

Environmental Metrics

The company reported a total energy consumption of 397,669 MWh for FY26, an increase from 337,921 MWh in the prior year. Renewable energy sources contributed 6.00% of the total mix, up from 5.52% in FY25.

Water consumption stood at 378,559 KL, compared to 363,693 KL in FY25. The company maintains Zero Liquid Discharge across all units.

Safety and Waste

Safety performance improved with the Lost Time Injury Frequency Rate (LTIFR) for workers dropping to 0.65 from 1.13 in the previous year. Employee LTIFR was 0.00. There were no fatalities reported during the period.

Total waste generated increased to 18,753 MT from 12,330 MT. The recycling rate remained high at 99%, with 18,513 MT recovered through recycling operations.

What the Numbers Show

Scope 1 and Scope 2 emissions rose to 186,915 tCO2e combined in FY26, up from 161,808 tCO2e in FY25. This increase aligns with the rise in total energy consumption, which grew by approximately 17.7% year-on-year. Despite the absolute increase in emissions, the renewable energy share expanded, indicating a shift in the energy mix even as operational scale grew.