Apar Industries Targets Export Growth Through Renewable Conductors and Global Partnerships Amid Strong Q2 Performance
Apar Industries posted impressive Q2 FY2026 results with revenue up 23.03% to ₹5,721.00 crore and net profit rising 28.87% to ₹250.00 crore. EBITDA grew 28.06% to ₹461.00 crore, with margin improving to 8.06%. The company is pursuing export-led expansion, emphasizing renewable-grade conductors and high-margin cables. Despite tariff uncertainties, Apar is focusing on global OEM partnerships to maintain double-digit growth and stable profit margins.

*this image is generated using AI for illustrative purposes only.
Apar Industries , a leading player in the electrical and power transmission sector, has delivered impressive quarterly results, showcasing strong financial performance despite ongoing tariff uncertainties in the market. The company is now focusing on export-led expansion with an emphasis on renewable-grade conductors and high-margin cables.
Financial Highlights
| Metric | Q2 FY2026 | Q2 FY2025 | YoY Change |
|---|---|---|---|
| Revenue | ₹5,721.00 | ₹4,650.00 | 23.03% |
| Net Profit | ₹250.00 | ₹194.00 | 28.87% |
| EBITDA | ₹461.00 | ₹360.00 | 28.06% |
| EBITDA Margin | 8.06% | 7.70% | 36 bps |
Apar Industries demonstrated robust growth in its second quarter results for the fiscal year 2026. The company's revenue surged to ₹5,721.00 crore, marking a significant 23.03% increase from ₹4,650.00 crore in the same quarter of the previous year. This substantial top-line growth reflects the company's strong market position and effective business strategies.
Profitability and Operational Efficiency
The company's bottom line showed even more impressive growth, with consolidated net profit rising to ₹250.00 crore, up 28.87% from ₹194.00 crore in the corresponding quarter last year. This growth in profitability outpaced the revenue growth, indicating improved operational efficiency and cost management.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew to ₹461.00 crore from ₹360.00 crore, representing a 28.06% increase. The EBITDA margin also improved, rising to 8.06% from 7.70% in the previous year, showcasing the company's ability to enhance its operational profitability.
Strategic Focus on Export-Led Growth
Apar Industries is pursuing a strategy focused on export-led expansion, with a particular emphasis on renewable-grade conductors and high-margin cables. This strategic shift aligns with global trends towards sustainable energy solutions and positions the company to capitalize on growing international demand for advanced electrical infrastructure.
Global Partnerships and Growth Strategy
As part of its growth strategy, Apar Industries is actively pursuing global OEM partnerships. These collaborations are expected to play a crucial role in the company's efforts to maintain double-digit growth and stable profit margins. By partnering with international original equipment manufacturers, Apar Industries aims to expand its market reach and enhance its product offerings.
Management Commentary
The Managing Director of Apar Industries acknowledged the current tariff uncertainty in the market. Despite these challenges, the company has indicated plans to make tactical decisions to maintain its market presence. This strategic approach demonstrates the management's proactive stance in navigating market uncertainties while focusing on sustainable growth.
Market Outlook and Future Prospects
While the company has shown strong performance, the management's mention of tariff uncertainty suggests potential challenges in the near future. However, Apar Industries' focus on export-led growth, particularly in renewable-grade conductors and high-margin cables, positions it well to navigate these uncertainties.
The company's ability to significantly improve its profitability and operational metrics in the face of market uncertainties is a positive sign. It indicates the resilience of Apar Industries' business model and its capacity to capitalize on opportunities in the electrical and power transmission sector.
As Apar Industries continues to navigate the evolving market landscape, its focus on tactical decision-making, maintaining market presence, and pursuing global partnerships could be key factors in sustaining its growth momentum in the coming quarters.
Investors should keep a close eye on how the company manages the tariff uncertainties and their impact on future financial performance, as well as the progress of its export-led expansion strategy. The robust Q2 results provide a strong foundation, but the company's adaptability to market changes and success in international markets will be crucial for its long-term success.
Historical Stock Returns for Apar Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.15% | -0.04% | +0.57% | +16.85% | -7.44% | +2,480.87% |


































