What was Apar Industries' FY26 revenue?

The company posted record annual revenue of ₹22,902 crore for the full year, driven by its conductor and cable segments.

What is the new capital expenditure plan?

Management plans to spend ₹1,500 crore on capex in FY27. The investment is focused on building capacity for data-center and international customers.

Which business segments drove growth?

The conductor and cable segments saw significant growth during the year. The conductor division also gave guidance for improving profit margins.

Is this transcript a source of new information?

No. It is a formal record of a previously held earnings call, confirming details already released with the company's results filings.

Earnings · Electric Equipment · Large cap

Apar Industries plans ₹1,500 cr capex after record ₹22,902 cr revenue year

The electricals maker is betting on data-center and international demand after its largest-ever revenue year.

APARINDS By Tipsheet Editorial 4 Jun 2026 · 4:08 PM IST Verify on BSE · NSE

Mkt cap₹55,075 cr

P/E56.38×

ROE18.24%

Debt / eq.0.10

Div yld0.44%

₹1,500 cr Planned capital expenditure for FY27

What's new

Apar Industries plans ₹1,500 crore of capex in FY27 for data-center and international capacity.
FY26 revenue hit a record ₹22,902 crore, driven by the conductor and cable segments.
The conductor division gave guidance for improving profit margins.

Why this matters

The capex commitment is a clear shift from volume growth in commodity conductors toward higher-value end markets. The success of this strategy hinges on whether new customers in data-centers and exports materialise to fill the capacity and support the margin guidance.

What we're watching

How the ₹1,500 crore capex gets funded and its impact on the balance sheet.
First proof of demand from data-center and export orders.
Whether the conductor division's margin targets hold as spending ramps up.

The full read

Apar Industries' record ₹22,902 crore revenue year is the new baseline. The company is committing ₹1,500 crore to build out capacity for data-center and international demand. Conductor and cable drove the prior year's growth, and the conductor division is guiding for fatter margins. That's the plan. The transcript confirms the strategy but adds little beyond earlier filings. The open question is execution: how the ₹1,500 crore gets funded, whether data-center customers materialise to fill the plants, and if the margin guidance holds. The company is placing a large bet on a market shift. The evidence it works will come in the next two quarters.

Questions answered

What was Apar Industries' FY26 revenue?: The company posted record annual revenue of ₹22,902 crore for the full year, driven by its conductor and cable segments.
What is the new capital expenditure plan?: Management plans to spend ₹1,500 crore on capex in FY27. The investment is focused on building capacity for data-center and international customers.
Which business segments drove growth?: The conductor and cable segments saw significant growth during the year. The conductor division also gave guidance for improving profit margins.
Is this transcript a source of new information?: No. It is a formal record of a previously held earnings call, confirming details already released with the company's results filings.

Mentioned: Apar Industries · ₹22,902 crore · ₹1,500 crore capex

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.