APIS India Limited Reports Strong Q3FY26 Performance with 18.17% Revenue Growth
APIS India Limited reported strong Q3FY26 results with revenue from operations growing 18.17% to ₹10,951.31 lakhs from ₹9,267.86 lakhs in Q3FY25. Net profit after tax increased 21.21% to ₹598.12 lakhs. For nine months ended December 31, 2025, total income reached ₹29,433.42 lakhs versus ₹26,120.21 lakhs in the previous year. The company completed a significant bonus share issue in 24:1 ratio, allotting 13,22,41,824 equity shares and increasing paid-up capital to ₹137,75,19,000.

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APIS India Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating strong operational performance across key financial metrics. The Board of Directors approved these results at their meeting held on February 13, 2026.
Quarterly Financial Performance
The company delivered impressive growth in Q3FY26, with revenue from operations reaching ₹10,951.31 lakhs compared to ₹9,267.86 lakhs in Q3FY25, representing an 18.17% year-on-year increase. Sequential growth was also strong, with revenue rising from ₹9,624.89 lakhs in Q2FY26.
| Metric | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹10,951.31 lakhs | ₹9,267.86 lakhs | +18.17% |
| Total Income | ₹11,000.08 lakhs | ₹9,342.16 lakhs | +17.74% |
| Net Profit After Tax | ₹598.12 lakhs | ₹493.46 lakhs | +21.21% |
| Earnings Per Share | ₹0.43 | ₹8.96 | - |
Nine-Month Performance Overview
For the nine-month period ended December 31, 2025, APIS India maintained its growth trajectory with total income of ₹29,433.42 lakhs versus ₹26,120.21 lakhs in the corresponding period of FY25. Net profit after tax for the nine-month period stood at ₹1,713.31 lakhs compared to ₹1,411.41 lakhs in the previous year.
| Parameter | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Total Income | ₹29,433.42 lakhs | ₹26,120.21 lakhs | +12.69% |
| Profit Before Tax | ₹2,356.81 lakhs | ₹1,924.92 lakhs | +22.44% |
| Net Profit After Tax | ₹1,713.31 lakhs | ₹1,411.41 lakhs | +21.39% |
Operational Highlights
The company's cost management remained effective during the quarter. Cost of materials consumed was ₹7,693.88 lakhs in Q3FY26 compared to ₹6,658.67 lakhs in Q3FY25. Employee benefits expense increased to ₹712.43 lakhs from ₹565.84 lakhs in the corresponding quarter of the previous year, reflecting business expansion activities.
Other income for the quarter was ₹48.77 lakhs compared to ₹74.30 lakhs in Q3FY25. Finance costs remained relatively stable at ₹111.52 lakhs versus ₹109.97 lakhs in the previous year's quarter.
Bonus Share Issue and Capital Structure
A significant corporate action during the period was the company's bonus share issue in the ratio of 24:1. APIS India issued and allotted 13,22,41,824 equity shares on December 08, 2025, in accordance with the Companies Act, 2013 and SEBI regulations. The company received in-principle approval from BSE Limited on November 24, 2025.
| Corporate Action Details | Information |
|---|---|
| Bonus Ratio | 24:1 |
| Shares Allotted | 13,22,41,824 equity shares |
| Allotment Date | December 08, 2025 |
| New Paid-up Capital | ₹137,75,19,000 |
| Face Value | ₹10 per share |
Consolidated Results
The consolidated financial results showed similar positive trends, with total income of ₹11,000.08 lakhs in Q3FY26. However, the consolidated net profit was ₹388.41 lakhs compared to ₹523.13 lakhs in Q3FY25, primarily due to the share of loss from associates amounting to ₹209.52 lakhs during the quarter.
The consolidated results include subsidiaries Anantadrishti Smart India Private Limited and Nature's Family Tree Foods Private Limited, along with associates Apis Arabia Foods LLC and Kapil Anand Agro Private Limited.
Regulatory Compliance and Audit
The financial results were reviewed by the Audit Committee and approved by the Board of Directors. GAMS & Associates LLP, the company's statutory auditors, conducted a limited review of both standalone and consolidated financial results in accordance with Standard on Review Engagements (SRE) 2410.
The results will be published on February 14, 2026, in Financial Express (English Edition) and Jansata (Hindi Edition). Complete financial results are available on the company's website at www.apisindia.com and BSE's website at www.bseindia.com .
Historical Stock Returns for Apis
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.30% | +3.59% | -31.49% | +345.95% | +558.20% | +9,490.91% |






























