# Apar Industries (APARINDS) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/aparinds

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹14,140
- Change: -9.43%
- As of: 2026-11-06
- 1D return: -9.43%
- 5D return: -9.81%
- 1M return: -20.63%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

APARINDS (₹15,580) exhibits a mixed technical posture as of 2026-11-05. The daily trend is bearish with price below the 20-period EMA and Supertrend, supported by an established ADX of 28.21. However, the monthly trend remains bullish, with price above all major moving averages and a strong ADX of 36.45. A recent high-volume upward anomaly on 2026-10-29 (+2.8% return, volume ratio 2.37) suggests underlying participation despite the short-term pullback. The stock is trading in the lower-middle of its 20-day range but near the upper-middle of its yearly range, reflecting significant volatility (annualized +49.3%) and a current drawdown of -17.8%. Key resistance lies at ₹15,585 (0.03% above), while support is found at ₹15,172 (-2.62%).

- Daily bearish structure: Price below 20-period EMA and Supertrend; ADX 28.21 indicates established downward momentum.
- Monthly bullish context: Price above all supplied moving averages and Supertrend; ADX 36.45 confirms strong long-term trend.
- Key levels: Immediate resistance at ₹15,585; primary support at ₹15,172 (-2.62%).
- Volatility & Drawdown: Annualized volatility of +49.3%; current drawdown stands at -17.8% from available highs.

- Inside Bar
- Bullish Engulfing Reversal
- Bearish Engulfing Reversal
- Doji
- Harami
- Outside Bar

### News Context

Apar Industries reported strong Q2 FY27 results, with consolidated revenue rising 21.3% year-on-year to ₹6,931 crores and net profit jumping 77.8% to ₹447 crores. Management highlighted an upgrade in the company’s credit rating from AA negative to AA and confirmed a Qualified Institutional Placement (QIP) raising ₹2,500 crores. Concurrently, the Board approved a further investment of up to USD 100 million in its subsidiary Petroleum Specialities Pte Ltd. (PSPL). PSPL has entered into an agreement to acquire a 70% stake in Hebei Jinghuan Cable Co. Ltd., a non-operating Chinese manufacturer of overhead conductors, for RMB 24.85 million (₹355 million). This acquisition is intended to diversify manufacturing presence across geographies, with the target operating as an export-focused enterprise. The stock closed at ₹15,580 on November 5, reflecting a -2.6% daily return despite a +86.8% one-year performance.

- Q2 FY27 financials: Revenue of ₹6,931 crores (+21.3% YoY), EBITDA after forex adjustments of ₹787 crores (+57.8%), and Net Profit of ₹447 crores (+77.8%).
- Capital raise and rating upgrade: QIP proceeds of ₹2,500 crores secured; credit rating improved one notch from AA negative to AA.
- Strategic acquisition: Wholly owned subsidiary PSPL agreed to buy 70% of Hebei Jinghuan Cable Co. Ltd. for RMB 24.85 million (₹355 million) to expand aluminium conductor manufacturing capacity.
- Board approvals: Authorized additional investment of up to USD 100 million in PSPL and re-appointed Kaushal J. Sampat as Independent Director.

- Apar Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Apar Industries Limited has informed the Exchange about Acquisition by Wholly Owned Subsidiary of the Company. |SUBJECT: Acquisition
- Apar Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- APAR INDUSTRIES LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL
- Apar Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting

### Official Filings

Apar Industries reported strong Q2 FY27 results, with consolidated revenue rising 21.3% year-on-year to ₹6,931 crores and net profit surging 77.8% to ₹447 crores. This growth was driven by a 34.3% increase in domestic sales and significant EBITDA margin expansion to 11.4%. The Conductor division saw new orders jump 123.1% to ₹4,775 crores, while the Oil division’s EBITDA grew 185.7%. Concurrently, the Board approved a Qualified Institutional Placement (QIP) to raise ₹2,500 crores and authorized up to USD 100 million for its Singapore subsidiary, Petroleum Specialities Pte Ltd. (PSPL). PSPL has entered an agreement to acquire a 70% stake in Hebei Jinghuan Cable Co. Ltd., a non-operating Chinese entity, for RMB 24.85 million (₹355 million) to diversify aluminium conductor manufacturing. Additionally, Mr. Kaushal J. Sampat was re-appointed as Independent Director for a second five-year term.

- Q2 FY27 Net Profit: ₹447 crores (+77.8% YoY); Revenue: ₹6,931 crores (+21.3% YoY), driven by +34.3% domestic sales growth.
- Conductor Division Orders: New orders of ₹4,775 crores (+123.1% YoY); Pending book stands at ₹12,025 crores.
- Capital & M&A: Board approved ₹2,500 crore QIP and up to USD 100 million investment in PSPL; PSPL agreed to acquire 70% of Hebei Jinghuan Cable Co. Ltd. for RMB 24.85 million (₹355 million).
- Governance: Re-appointment of Mr. Kaushal J. Sampat as Independent Director for a second five-year term effective January 31, 2027.

- [Apar Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/APARINDSSM_04112026181639_SubmissionofTranscript.pdf)
- [Apar Industries Limited has informed the Exchange about Acquisition by Wholly Owned Subsidiary of the Company. |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/APARINDS_30102026145125_Chinaintimation.pdf)
- [Apar Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/APARINDSSM_30102026165210_ExtractofUnauditedFinancialResults30092026.pdf)
- [APAR INDUSTRIES LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2205_WebXMLFile_20261030_171824236.xml)
- [Apar Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/APARINDS_29102026134048_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange regarding a press release dated October 29, 2026, titled "Press release on the Un-audited Financial Results of the Company for the Second Quarter and Half-year ended September 30, 2026 of the Current Financial Year 2026-27.". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/APARINDS_29102026134745_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange regarding Allotment of 2720 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/APARINDS_29102026135108_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange regarding Re-appointment of Mr Kaushal J Sampat as Non- Executive Independent Director of the company w.e.f. January 31, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026135735_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange about Approval for further investment in Petroleum Specialties Pte Ltd., Singapore. |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/APARINDS_29102026140146_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/APARINDS_29102026141200_InvestorupdateQ2FY27.pdf)

### Fundamentals

APARINDS demonstrates robust top-line expansion and improving earnings quality, though it is navigating a significant capital-intensive growth phase. For the trailing twelve months (TTM), sales grew 23% to ₹25,605 crore, with net profit surging 49% to ₹1,377 crore. Operating profit expanded by 26% to ₹2,426 crore, while EPS rose sharply to ₹338.29. The company’s cash conversion cycle improved from 32 days in Mar 2024 to 30 days in Mar 2026, indicating efficient working capital management despite rising debt.

The balance sheet reflects aggressive capacity building: Capital Work-in-Progress (CWIP) nearly tripled from ₹130 crore in Mar 2025 to ₹903 crore in Sep 2026, supported by borrowings increasing from ₹585 crore to ₹1,014 crore over the same period. While Return on Capital Employed (ROCE) declined from 44% to 32% due to this asset base expansion, the company generated strong operating cash flows of ₹968 crore in FY2026. Shareholding patterns show a slight dilution of promoter stake to 55.42%, offset by increased DII and FII participation. Recent quarterly data shows revenue slightly decreased sequentially to ₹6,591.06 crore in Q1 FY2026-27, suggesting near-term volume or pricing normalization.

- Earnings Momentum: TTM net profit surged 49% to ₹1,377 crore and EPS reached ₹338.29, outpacing the 23% sales growth of ₹25,605 crore.
- Capital Expansion: CWIP jumped to ₹903 crore (Sep 2026) from ₹130 crore (Mar 2025), funded by borrowings rising to ₹1,014 crore; ROCE compressed to 32%.
- Cash Flow Quality: CFO remained strong at ₹968 crore in FY2026, converting 70% of operating profit into cash, while the cash conversion cycle stabilized at 30 days.
- Ownership Shift: Promoter holding dipped to 55.42% in Sep 2026, while DIIs and FIIs increased stakes to 23.83% and 12.55% respectively.

### Bear Case

APARINDS faces near-term technical headwinds and elevated volatility, despite a strong annual performance. On the daily chart, the stock is in a bearish trend with the Supertrend indicating downward pressure. The 20-day Exponential Moving Average (EMA) has a steep negative slope of -218.05 over the last five days, signaling rapid recent momentum loss. This is corroborated by the Minus DI (25.08) significantly outweighing the Plus DI (17.16), suggesting sellers are currently dominant. The stock closed at ₹15,580 on November 5, 2026, down from the previous close of ₹15,998, reflecting a short-term pullback.

Volatility remains high, with an annualized volatility of +49.3% and an Average True Range (ATR) of 4.9%, implying significant price swings that can impact risk management. The stock is currently experiencing a drawdown of -17.8% from its recent peak, though this is less severe than the historical maximum drawdown of -58.7%. While the monthly trend remains bullish (+30.62 Plus DI vs +12.67 Minus DI) and the weekly trend shows positive slopes for both EMA and SMA, the immediate daily weakness requires monitoring. Key support lies at ₹15,172 (-2.62%), while resistance is tight just above at ₹15,585.

- Daily trend is bearish: Supertrend direction is down, with Minus DI (25.08) exceeding Plus DI (17.16) and a steep negative 20-day EMA slope (-218.05).
- Elevated volatility: Annualized volatility stands at +49.3% with an ATR of 4.9%, indicating substantial price fluctuation risk.
- Current drawdown: The stock is down -17.8% from recent highs, closing at ₹15,580 on Nov 5, 2026, after a decline from ₹15,998.
- Support/Resistance levels: Immediate support is at ₹15,172 (-2.62%); nearest resistance is at ₹15,585 (0.03% above current price).

- [Apar Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/APARINDSSM_04112026181639_SubmissionofTranscript.pdf)
- [Apar Industries Limited has informed the Exchange about Acquisition by Wholly Owned Subsidiary of the Company. |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/APARINDS_30102026145125_Chinaintimation.pdf)
- [Apar Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/APARINDSSM_30102026165210_ExtractofUnauditedFinancialResults30092026.pdf)
- [APAR INDUSTRIES LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2205_WebXMLFile_20261030_171824236.xml)
- [Apar Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/APARINDS_29102026134048_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange regarding a press release dated October 29, 2026, titled "Press release on the Un-audited Financial Results of the Company for the Second Quarter and Half-year ended September 30, 2026 of the Current Financial Year 2026-27.". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/APARINDS_29102026134745_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange regarding Allotment of 2720 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/APARINDS_29102026135108_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange regarding Re-appointment of Mr Kaushal J Sampat as Non- Executive Independent Director of the company w.e.f. January 31, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026135735_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange about Approval for further investment in Petroleum Specialties Pte Ltd., Singapore. |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/APARINDS_29102026140146_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/APARINDS_29102026141200_InvestorupdateQ2FY27.pdf)

### FAQs

**What were Apar Industries' key financial results for Q2 and H1 FY27?**

For the quarter ended September 30, 2026, reported on October 29, 2026, Apar Industries posted revenue of ₹6,931 crores (+21.3% YoY), EBITDA of ₹787 crores (+57.8%), and net profit of ₹447 crores (+77.8%). For the half-year (H1 FY27), consolidated revenue was ₹13,522.25 crores with a Profit After Tax (PAT) of ₹914.80 crores.

**How is the company expanding its manufacturing footprint in China?**

On October 30, 2026, wholly owned subsidiary Petroleum Specialities Pte Ltd. agreed to acquire a 70% stake in Hebei Jinghuan Cable Co. Ltd. for RMB 24.85 million (₹355 million). The target is a non-operating entity manufacturing overhead conductors. The deal includes a call option for the remaining 30% after five years and requires regulatory approvals under FEMA and SAFE.

**What capital raising and rating actions has the company undertaken recently?**

The company raised INR 2,500 crores through a Qualified Institutional Placement (QIP). Additionally, management reported that the company’s credit rating improved one notch from AA negative to AA during the Q2 FY27 conference call held on October 29, 2026.

**What are the current technical price levels and trend indicators for APARINDS?**

As of November 5, 2026, the stock closed at ₹15,580.00. Daily trends show bearish signals with support at ₹15,172.00 and resistance at ₹15,834.00. However, monthly trends remain bullish. Year-to-date returns stand at +87.1%, though the stock has experienced a current drawdown of -17.8% and annualized volatility of +49.3%.

- [Apar Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/APARINDSSM_04112026181639_SubmissionofTranscript.pdf)
- [Apar Industries Limited has informed the Exchange about Acquisition by Wholly Owned Subsidiary of the Company. |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/APARINDS_30102026145125_Chinaintimation.pdf)
- [Apar Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/APARINDSSM_30102026165210_ExtractofUnauditedFinancialResults30092026.pdf)
- [APAR INDUSTRIES LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2205_WebXMLFile_20261030_171824236.xml)
- [Apar Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/APARINDS_29102026134048_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange regarding a press release dated October 29, 2026, titled "Press release on the Un-audited Financial Results of the Company for the Second Quarter and Half-year ended September 30, 2026 of the Current Financial Year 2026-27.". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/APARINDS_29102026134745_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange regarding Allotment of 2720 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/APARINDS_29102026135108_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange regarding Re-appointment of Mr Kaushal J Sampat as Non- Executive Independent Director of the company w.e.f. January 31, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026135735_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange about Approval for further investment in Petroleum Specialties Pte Ltd., Singapore. |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/APARINDS_29102026140146_OutcomeQ2FY27.pdf)
- [Apar Industries Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/APARINDS_29102026141200_InvestorupdateQ2FY27.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹15,784.67
- Risk regime: Price Risk Requires Attention

### Support levels
- 13880
- 11379.5
- 9841.5

### Resistance levels
- 14265
- 14685
- 17056

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -9.43% |
| return_10 | -1.66% |
| return_1m | -21.51% |
| return_1y | +68.25% |
| return_20 | -20.63% |
| return_3m | -12.32% |
| return_5 | -9.81% |
| return_6m | +14.18% |
| return_since_start | +35.88% |
| return_ytd | +69.80% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -58.71% |
| annualized_volatility | +49.73% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit Jumps Sharply as Revenue Holds Near Record Level

Apar Industries’ first quarter of financial year 2026‑27 saw revenue remain near an all‑time high while profit before tax jumped 89% from the previous quarter. Revenue from operations came in at ₹6,591.06 crore, almost identical to the ₹6,602.81 crore reported in the March 2026 quarter, and up 29% from the same quarter a year ago. The standout was a surge in profitability: profit before tax climbed to ₹622.34 crore, driving earnings per share to ₹116.37.

## Revenue Performance

Top‑line performance in the June quarter was stable after a sharp rise in the preceding quarter. The sequential change was a marginal decline of 0.18%, while the year‑on‑year comparison showed a ₹1,486.9 crore increase, or nearly 30%.

| Quarter | Revenue (₹ crore) |
|---------|-------------------|
| Q1 FY2025‑26 (Jun 2025) | 5,104.16 |
| Q2 FY2025‑26 (Sep 2025) | 5,715.42 |
| Q3 FY2025‑26 (Dec 2025) | 5,479.73 |
| Q4 FY2025‑26 (Mar 2026) | 6,602.81 |
| Q1 FY2026‑27 (Jun 2026) | 6,591.06 |

Revenue has been on an upward trend, with the last two quarters well above the levels seen in the earlier part of the prior fiscal year. The June 2026 figure is the second highest in the series, only marginally below the March 2026 peak.

## Profitability

The bottom line delivered a far stronger performance. Profit before tax (PBT) came in at ₹622.34 crore, an 89% increase over the ₹328.80 crore reported in the March quarter and 77% higher than the ₹352.51 crore in the same quarter a year ago.

Net profit (profit after tax) rose to ₹467.45 crore, up 84% sequentially from ₹253.44 crore and 78% from ₹262.91 crore a year earlier. Basic earnings per share consequently climbed to ₹116.37 from ₹63.09 in the previous quarter and ₹65.45 in the year‑ago period.

| Quarter | PBT (₹ crore) | PAT (₹ crore) | EPS (₹) |
|---------|----------------|----------------|---------|
| Q1 FY25‑26 | 352.51 | 262.91 | 65.45 |
| Q2 FY25‑26 | 340.56 | 251.70 | 62.66 |
| Q3 FY25‑26 | 288.09 | 208.93 | 52.01 |
| Q4 FY25‑26 | 328.80 | 253.44 | 63.09 |
| Q1 FY26‑27 | 622.34 | 467.45 | 116.37 |

The sharp improvement in profitability was supported by lower operating costs. Other expenses fell to ₹640.96 crore from ₹805.58 crore in the March quarter, a drop of 20%. Finance costs also declined to ₹123.17 crore from ₹136.79 crore. As a result, the PBT margin (profit before tax as a percentage of revenue) expanded to 9.4% from 5.0% in the previous quarter and 6.9% in the year‑ago quarter.

## Key Takeaway

Apar Industries maintained its elevated revenue base while achieving a dramatic increase in profit. Lower other expenses and finance costs compared to the previous quarter helped drive a sharp margin expansion, with earnings per share nearly doubling from the March quarter. The results highlight a significant improvement in profitability even as the top line remained near record levels.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +55.42%
- FII holding: +11.36%
- DII holding: +24.88%
- Mutual fund holding: +22.28%
- Retail holding: +6.34%
- Promoter pledged: +0.00%

### Major reported shareholders

- Kushal N Desai — +21.78%
- Chaitanya N Desai — +21.78%
- Maithili N Desai Family Private Trust No 2 - Trustee Maithili Trusteeship Services Private Limited — +10.58% (Trusts)
- Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Midcap Fund — +4.59%
- Hdfc Small Cap Fund — +2.74%
- Kotak Midcap Fund — +2.55%
- Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund — +2.55%
- Icici Prudential Multicap Fund — +2.27%
- Motilal Oswal Large And Midcap Fund — +1.75%
- Hsbc Mutual Fund - Hsbc Midcap Fund — +1.61%

## Official filings

- 2026-11-04 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDSSM_04112026181639_SubmissionofTranscript.pdf)
- 2026-10-30 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_30102026145125_Chinaintimation.pdf)
- 2026-10-30 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDSSM_30102026165210_ExtractofUnauditedFinancialResults30092026.pdf)
- 2026-10-30 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2205_WebXMLFile_20261030_171824236.xml)
- 2026-10-29 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026134048_OutcomeQ2FY27.pdf)
- 2026-10-29 — Press Release: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026134745_OutcomeQ2FY27.pdf)
- 2026-10-29 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026135108_OutcomeQ2FY27.pdf)
- 2026-10-29 — Management Change: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026135735_OutcomeQ2FY27.pdf)
- 2026-10-29 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026140146_OutcomeQ2FY27.pdf)
- 2026-10-29 — Earnings Presentation: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026141200_InvestorupdateQ2FY27.pdf)
- 2026-10-29 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026141654_CorporatePresentation.pdf)
- 2026-10-29 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2205_WebXMLFile_20261029_174919222.xml)
- 2026-10-29 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2205_WebXMLFile_20261029_175217214.xml)
- 2026-10-29 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026182026_MonitoringAgencyReport30092026.pdf)
- 2026-10-29 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_29102026193723_SubmissionofAudioRecording.pdf)
- 2026-10-29 — Financial Results Filing: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749435_29102026085223_WEB.xml)
- 2026-10-29 — Financial Results Filing: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749436_29102026085328_WEB.xml)
- 2026-10-28 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_28102026113208_NRC_Outcome.pdf)
- 2026-10-21 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_21102026161756_IntimationforconcallinviteQ2FY27.pdf)
- 2026-10-15 — Shareholding Disclosure: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1738950_15102026042538_WEB.xml)
- 2026-10-06 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_06102026151653_SubmissionofCertificateunderReg74_5_.pdf)
- 2026-10-06 — Board Meeting Notice: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APARINDS_06102026152006_IntimationofBoardMeetingDate.pdf)
- 2026-10-06 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2205_WebXMLFile_20261006_153407035.xml)
- 2026-10-06 — Generic Announcement: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2205_WebXMLFile_20261006_153811225.xml)
- 2026-10-06 — Board Meeting Notice: Apar Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2205_WebXMLFile_20261006_153407035.xml)

## News and market events

- 2026-10-29 — FREEPRESSJOURNAL.IN: **APAR Industries Reports 77.8% Surge In Q2 Profit, Revenue Up 21.3%; Approves ₹830 crore Subsidiary Investment** — APAR Industries recorded a significant 77.8 per cent increase in consolidated net profit to ₹447 crore for the quarter ended September 30, 2026. Consolidated revenue grew by 21.3 per cent year-on-year to ₹6,931 crore for the same period. — [Source](https://www.freepressjournal.in/business/apar-industries-reports-778-surge-in-q2-profit-revenue-up-213-approves-830-crore-subsidiary-investment)
- 2026-10-29 — CNBC-TV18: **Apar Industries shares gain 5% after Q2 profit, EBITDA beat estimates, margins expand by 190 basis points** — Apar Industries's earnings before interest, taxes, depreciation and amortization (EBITDA) increased to ₹720 crore from estimates of ₹600 crore. It was also up 47.5% from the previous fiscal's ₹488 crore. — [Source](https://www.cnbctv18.com/market/apar-industries-share-price-q2-results-net-profit-revneue-ebitda-margin-beats-estimates-20022368.htm)
- 2026-10-01 — CNBC-TV18: **PM DHARA's ₹1.86 lakh crore scheme opens multi-year opportunity for transmission companies: Elara's Harshit Kapadia** — The PM Dhara scheme is expected to create a multi-year opportunity for transmission equipment makers, while railway and metro spending should support RITES and BEML, says Elara Securities' Harshit Kapadia. Which companies are best placed to benefit from these investments? — [Source](https://www.cnbctv18.com/market/pm-dhara-scheme-multi-year-opportunity-transmission-companies-elara-securities-hitachi-siemens-renewable-transmission-energy-kei-apar-beml-rites-polycab-vande-bharat-train-20002749.htm)
- 2026-10-01 — Economic Times: **Gautam Adani overtakes Mukesh Ambani on Forbes India's 100 Richest list 2026: Check top 10 richest Indians and full list** — In 2026, Gautam Adani reclaimed his position as India's richest person with a net worth of $112.7 billion. Mukesh Ambani fell to second place with a net worth of $86.3 billion after significant losses. Savitri Jindal retained her position as the richest woman in India, with a fortune of $39.8 billion. Lakshmi Mittal experienced the most significant increase in wealth, jumping to fourth place. — [Source](https://economictimes.indiatimes.com/news/company/corporate-trends/gautam-adani-overtakes-mukesh-ambani-on-forbes-indias-100-richest-list-2026-check-top-10-richest-indians-and-full-list/articleshow/134606814.cms)
- 2026-10-01 — CNBC-TV18: **PM Dhara Scheme Unveiled - These stocks could be the likely beneficiaries** — Power Grid will be another potential beneficiary of this scheme, along with cables and power companies such as KEI Industries, Polycab, and others due to their Medium Voltage Power Cables (MV), and Extra High Voltage (EHV) power cables capabilities. — [Source](https://www.cnbctv18.com/market/pm-dhara-scheme-likely-beneficiaries-power-grid-ge-vernova-power-grid-polycab-cap-goods-share-price-capex-timeline-objectives-20002551.htm)
- 2026-09-28 — BUSINESS: **Hitachi Energy India Ltd Slides 1.81%** — Hitachi Energy India Ltd has lost 8.47% over last one month compared to 5.28% fall in BSE Capital Goods index and 4.57% drop in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/hitachi-energy-india-ltd-slides-1-81-126092800211_1.html)
- 2026-09-22 — MONEYCONTROL: **Mutual funds raise capital goods allocation amid broader capex opportunity even as valuations remain elevated** — Mutual Funds, capex — [Source](https://www.moneycontrol.com/news/business/markets/mutual-funds-raise-capital-goods-allocation-amid-broader-capex-opportunity-even-as-valuations-remain-elevated-14035244.html)
- 2026-09-18 — Times of India: **Top stocks to buy today: Stock market recommendations for September 18, 2026 - check list** — India Business News: Stock market recommendations: Apar Industries, BEML, and Aegis Vopak Terminals - these are the top stocks to buy that have been picked by Hitesh Rathi. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-september-18-2026-apar-industries-beml-aegis-vopak-terminals-stocks-to-buy-today/articleshow/134324366.cms)
- 2026-09-16 — MONEYCONTROL: **Unimech Aerospace likely to launch Rs 750-crore QIP this month** — Unimech Aerospace and Manufacturing, QIP, Manufacturing, Aerospace, Defence — [Source](https://www.moneycontrol.com/news/business/unimech-aerospace-likely-to-launch-rs-750-crore-qip-this-month-14031052.html)
- 2026-09-11 — Mint: **Dividend stocks alert! Last chance to qualify- Kalyan Jewellers, Aarti Industries, Blue Jet, Bajaj Healthcare, more** — Dividend stocks including Kalyan Jewellers, Aarti Industries, and 38 more, are poised to attract investor interest on Friday, September 11. These companies have set record dates for dividend payouts on September 12 and 14. — [Source](https://www.livemint.com/market/stock-market-news/dividend-stocks-alert-last-chance-to-qualify-kalyan-jewellers-aarti-industries-blue-jet-bajaj-healthcare-more-11789098026451.html)
- 2026-09-10 — BUSINESSTODAY: **Waaree Energies, Astra Microwave, Texmaco Rail among stocks to turn ex-dividend on September 11** — Waaree Energies, Astra Microwave Products, Texmaco Rail, Finolex Industries, Aarti Industries, Bajaj Healthcare, Ceigall India, Apar Industries, Venkys, CSL Finance — [Source](https://www.businesstoday.in/markets/stocks/story/waaree-energies-astra-microwave-texmaco-rail-among-stocks-to-turn-ex-dividend-on-september-11-554621-2026-09-10)
- 2026-09-09 — Mint: **₹60 per share dividend alert! Check last date to buy - Record date soon; check payment timeline | Do you own?** — Ahead of the  ₹60 dividend record date, Apar Industries shares traded lower at  ₹17,451.00, but have shown impressive growth with 109.5% YTD returns. — [Source](https://www.livemint.com/market/stock-market-news/rs-60-per-share-dividend-alert-check-last-date-to-buy-record-date-soon-check-payment-timeline-do-you-own-11788946329675.html)
- 2026-09-07 — BUSINESSTODAY: **UltraTech Cement’s cables & wires entry: Will peer stocks face near-term pressure?** — UltraTech Cement share price today, UltraTech Cement shares, UltraTech Cement share price, UltraTech Cement news — [Source](https://www.businesstoday.in/markets/stocks/story/ultratech-cements-cables-wires-entry-will-peer-stocks-face-near-term-pressure-553611-2026-09-07)
- 2026-09-07 — Economic Times: **Wires on fire: Why UltraTech’s Rs 1,800 crore Ultravolt bet wiped out Rs 21,500 crore in 2 days** — UltraTechs entry into wires and cables triggered a sharp selloff in listed peers as investors assess the impact of intensified competition on market share, pricing and margins. While house wires and light-duty cables face the most immediate pressure, higher-voltage segments remain relatively insulated. Analysts remain positive on long-term industry growth, but caution that elevated valuations leave incumbents vulnerable. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/wires-on-fire-why-ultratechs-rs-1800-crore-ultravolt-bet-wiped-out-rs-21500-crore-in-2-days/articleshow/133865793.cms)
- 2026-09-06 — BUSINESSTODAY: **APL Apollo, GNFC, Apar, Force Motors among stocks to turn ex-dividend next week; big payouts in focus** — Apar Industries, Empire Industries, Force Motors, TVS Srichakra, Gujarat Narmada Valley Fertilizers & Chemicals, Transpek Industry, Naperol Investments, Jyoti Resins & Adhesives, Gujarat Energy, APL Apollo Tubes — [Source](https://www.businesstoday.in/markets/stocks/story/apl-apollo-gnfc-apar-force-motors-among-stocks-to-turn-ex-dividend-next-week-big-payouts-in-focus-553318-2026-09-06)
- 2026-09-04 — Mint: **Stock recommendations for 4 September from MarketSmith India** — MarketSmith India reveals its top stock recommendations for today, 4 September. Get expert insights into the best-performing stocks to guide your investment decisions. — [Source](https://www.livemint.com/market/stock-market-news/stock-recommendations-for-4-september-from-marketsmith-india-11788434832760.html)
- 2026-08-27 — Economic Times: **These 19 Indian stocks turned into tenbaggers in 5 years: Peter Lynch’s rules to find the next** — Over the last five years, various Indian stocks have reached extraordinary tenbagger returns, including remarkable surges in GE Vernova T&D and BSE shares, which soared by over two thousand percent. Other notable firms like Apar Industries and Zen Technologies also reported impressive growth. Noted investor Peter Lynch suggests that understanding your investments and maintaining them for the long haul can yield fruitful results. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/these-19-stocks-turned-into-tenbaggers-in-5-years-peter-lynchs-rules-to-find-the-next/articleshow/133556335.cms)
- 2026-08-13 — CNBC-TV18: **Apar Industries raises ₹2,500 crore through QIP; check the list of allottees** — Shares of APAR Industries Ltd ended at ₹17,225.00, down by ₹789.95, or 4.38%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/apar-industries-share-price-raises-rs-2500-crore-through-qip-check-the-list-of-allottees-19969095.htm)
- 2026-08-13 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Friday** — Sensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark moves. Softer inflation supported sentiment, but elevated crude prices and geopolitical risks kept investors cautious, with Nifty remaining rangebound between key technical levels. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-friday/articleshow/133218209.cms)
- 2026-08-13 — Mint: **Top Gainers & Losers on 13 August: Apar Industries, Hindalco, Ather Energy, Force Motors, CUB among top losers** — Indian stocks slid further, driven down by weak financial participation and high crude oil prices. The Nifty decreased by 0.34% and Sensex by 0.13%, with key sectors like metals and cement seeing significant losses amid ongoing geopolitical tensions. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-13-august-apar-industries-hindalco-ather-energy-force-motors-cub-among-top-losers-11786615201243.html)
- 2026-08-11 — BUSINESS: **Sensex slides 449 pts; metal shares decline** — Market participants are assessing a slew of Q1 FY27 earnings announcements, with sector- and stock-specific movements remaining in focus amid the ongoing earnings season while keeping a close watch the progress of the monsoon. The Nifty hovered below the 24,450 mark. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-slides-449-pts-metal-shares-decline-126081100769_1.html)
- 2026-08-10 — CNBC-TV18: **Apar Industries launches ₹2,500 crore QIP at indicative price of ₹14,805/share** — Shares of APAR Industries Limited ended at ₹16,440.35, down by ₹157.30, or 0.95%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/apar-industries-share-price-launches-qip-at-rs-14801-25-floor-price-may-offer-5-discount-19965913.htm)
- 2026-07-24 — The Hindu: **Sensex today | Stock Market Live: Sensex off day's low, down 300 pts, Nifty above 23,750; Cipla, HCL Tech lead gainers** — Sensex, Nifty, Share Prices Live Updates: Rising crude oil prices, unwinding of yen trade, fresh US tariffs, weakening rupee hurts market sentiment — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-24th-july-2026/article71257579.ece)
- 2026-07-24 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty Bank recovers 650 pts from lows to turn green** — Sensex Today | Stock Market LIVE Updates: As we move into the last half of the week's trade, the market is looking mark a recovery from lows. The markets are under pressure again, as the bulls stare down the barrel of a weekly decline. The Nifty is down over 160 points, falling towards 23,600. The Nifty Bank is down over 4000 points, falling to 56,000. Shriram Fin, IndiGo and Eternal are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-brent-crude-tariffs-infosys-indigo-bob-textile-midcaps-share-price-liveblog-19952825.htm)
- 2026-07-24 — CNBC-TV18: **Q1 Results LIVE Update: Infosys, IndiGo react to earnings; Four Nifty names report today** — Q1 Results LIVE Updates: SBI Life, Shriram Finance Tata Consumer Products, NTPC, ACC, Atul, Bank of Baroda, Apar Industries, CG Power, CreditAccess Grameen, CONCOR, DCB Bank, Dalmia Bharat, Greenply Industries, Jindal Steel, Dr Lal Pathplabs, Kfin Tech, New India Assurance, Laurus Labs, Ramkrishna Forgings, Sapphire Foods, Shakti Pumps, SBI Cards, Sterlite Tech, V-Mart, Welspun Corp, are among the companies reporting their Q1 results today. Also watch for earnings reactions from Infosys, IndiGo and others. Stay tuned for all the LIVE earnings updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-infosys-indigo-shriram-finance-ntpc-tata-consumer-sbi-life-bob-boi-dcb-bank-concor-cg-power-share-price-liveblog-19952847.htm)

## Business profile

**Strategic vision:** Manufactures solutions for energy, transportation, and telecommunication sectors.

### Business segments
- **Energy Infrastructure Solutions:** Provides building blocks for energy infrastructure, contributing to energy efficiency and sustainability.
- **Transportation Solutions:** Offers solutions for the transportation sector, aiming to enhance safety and efficiency.
- **Telecommunication Solutions:** Supplies solutions for the telecommunication sector, supporting a more connected world.
- **Speciality Products:** Manufactures speciality oils, polymers, lubricants, and automotive products.

### Competitive strengths
- Global leadership in providing solutions for energy infrastructure, transportation, and telecommunication sectors.
- Manufacturing expertise in conductors, cables, speciality oils, polymers, and lubricants.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/aparinds
Markdown representation: https://faxioms.com/stocks/aparinds?render=md