Apar Industries hits record revenue of ₹22,902 crore for FY26
The company posted a 23.3% jump in annual revenue and declared a ₹60 per share dividend, even as one-off provisions weighed on quarterly profits.
— 6 earlier stories on Apar Industries Ltd. →What's new
- Annual revenue climbed 23.3% to ₹22,902 crore.
- Net profit for the year rose 19% to ₹977 crore.
- Board recommended a final dividend of ₹60 per share.
Why this matters
Apar is benefiting from a clear tailwind in energy infrastructure demand, both at home and abroad. While one-off legal and labor provisions masked the true quarterly performance, the underlying 14% growth in profit suggests the core business remains healthy.
What we're watching
- Sustainability of export volumes in the conductor and cable segments.
- Impact of the one-off provisions on future quarterly margins.
- Whether the ₹60 dividend signals a new baseline for capital returns.
The full read
Apar Industries closed FY26 with record consolidated revenue of ₹22,902 crore, a 23.3% increase over the prior year. Net profit also reached a record ₹977 crore, up 19%. The company’s conductor and cable segments were the primary engines, fueled by high demand in energy infrastructure and strong export volumes.
Growth is real.
In the fourth quarter, revenue grew 27% to ₹6,603 crore. While reported profit for the quarter was ₹253 crore, this figure was impacted by one-off legal and labor-related provisions. Excluding these, underlying profit growth was a healthy 14% year-on-year. The board’s recommendation of a ₹60 per share dividend reflects the company's strong cash position and confidence in its current trajectory. The results confirm that Apar is successfully capturing the massive surge in global and domestic energy infrastructure spending that has defined the sector for the past twelve months.
Questions answered
- What drove the record annual performance?
- Growth was led by the conductor and cable segments, which saw high demand from the energy infrastructure sector and strong export volumes.
- How did the fourth quarter perform?
- Quarterly revenue rose 27% to ₹6,603 crore. However, reported profit of ₹253 crore was muted by one-off legal and labor-related provisions.
- What was the underlying profit growth in Q4?
- Adjusting for the one-off provisions, underlying profit grew 14% year-on-year.
- What is the dividend payout?
- The board recommended a final dividend of ₹60 per share, citing strong operational cash flows.
Story so far
All notes on APARINDS →- 28 May 2026 · 2:46 PM IST Apar Industries hits record revenue of ₹22,902 crore for FY26
- today Apar Industries doubles capex to ₹1,500 cr as margin outlook lifts
- today Apar Industries hits record revenue of ₹22,902 cr
- today Apar Industries hits record ₹22,902 cr revenue in FY26
- today Apar Industries confirms FY26 results and ₹60 dividend