Apar Industries jumps 6% after reporting robust its Q3 results; Check the details

SYNOPSIS: Apar Industries delivered strong YoY growth in Q3 FY26, driven by resilient domestic demand, premium product mix, and robust EBITDA performance, with EBITDA per-tonne significantly exceeding guidance.

During Thursday’s trading session, shares of the largest global manufacturer of aluminium & alloy conductors and 3rd largest global manufacturer of transformer oils surged nearly 6 percent on BSE, after posting Q3 FY26 results with EBITDA per-tonne significantly exceeding guidance.

At 03:09 p.m., shares of Apar Industries Limited were trading in the green at Rs. 7,717.9 on BSE, up by over 4 percent, compared to its previous closing price of Rs. 7,411.5, with a market cap of Rs. 31,001.5 crores.The stock has delivered positive returns of over 6 percent in the last one year, but has fallen by around 10 percent in the last one month.

Financials

Apar Industries Limited announced the financial results for the third quarter of FY26 on Thursday during market hours, as per the latest regulatory filings with the stock exchanges.

For the quarter, the company posted a consolidated revenue from operations of Rs. 5,480 crores, reflecting a sequential decline of about 4 percent QoQ compared to Rs. 5,715 crores in Q2 FY26. However, on a year-on-year basis, revenue grew around 16 percent from Rs. 4,716 crores recorded in Q3 FY25, supported by resilient domestic demand and an improved product mix across business verticals.

Net profit for the quarter stood at Rs. 209 crore, indicating a significant decrease of around 17 percent QoQ from Rs. 252 crores in Q2 FY26, but a rise on a year-on-year basis by over 19 percent from Rs. 175 crores reported in Q3 FY25. Further, PAT margin improved to 3.8 percent, up 10 bps YoY.

Further, operating performance improved significantly during the quarter,  with EBITDA (post open-period forex) rising to Rs. 483 crores in Q3 FY26, representing a 20.4 percent YoY growth on the back of improved performance of the premium business.

During the quarter, the company provided for Rs. 25 crore towards past service costs relating to gratuity and compensated absences following the enactment of the new labour code. This provision, based on the best available estimates, has been classified under exceptional items.

On a cumulative basis, the company delivered a robust operating outcome, with 9MFY26 EBITDA per tonne at Rs. 42,311, significantly ahead of the full-year guidance of Rs. 30,000 per tonne.

Segment Highlights

For the quarter ended December 2025, the company reported total segment revenue of Rs. 5,952.8 crore, led by Conductors, which contributed Rs. 3,063 crore, accounting for about 51.4 percent of overall revenue. Transformer and specialty oils generated Rs. 1,458 crore, forming 24.5 percent, while Power/Telecom cables contributed Rs. 1,361.9 crore, or 23 percent. Other segments remained marginal at Rs. 70.1 crore, contributing nearly 1 percent.

Conductor Division: Q3 FY26 revenue grew 25.1 percent to reach Rs. 3,063 crores, driven by higher commodity prices and improved product mix change. However, quarterly volumes declined 5.9 percent YoY, largely due to intensified competition from non-US geographies. Export mix moderated to 17.8 percent in Q3 FY26 from 25 percent in Q3 FY25. The pending order book stood at Rs. 7,396 crore, with exports contributing 32 percent, while new order inflows during 9M FY26 totalled Rs. 8,052 crore.

Specialty Oil And Lubricant Division: Global transformer oil volumes grew 10.6 percent YoY in Q3 FY26 and 4.2 percent over 9M FY25, while the domestic transformer oil business posted volume growth of 6.5 percent fro the quarter and 13.4 percent on a 9M basis, underscoring strong underlying demand despite export-side headwinds from freight costs and geopolitical disruptions. Export mix remained largely stable at 42.1 percent in Q3 FY26, compared with 43.8 percent in Q3 FY25.

Cable Division: Q3 FY26 revenue increased 7.6 percent YoY to Rs. 1,362 crore, while 9M FY26 revenue rose 22.1 percent YoY to Rs. 4,316 crore. Robust domestic demand offset weakness in the US market. Export revenues declined sharply by 44.3 percent YoY in Q3, resulting in export mix falling to 17.6 percent from 34 percent in Q3 FY25. The pending order book for the division stood at Rs. 1,668 crore.

APAR Industries Limited operated in the diverse fields of electrical and metallurgical engineering, offering value-added products and services in power transmission conductors, petroleum speciality oils, power & telecom cables and house wires. It is the largest global aluminium & alloy conductors’ manufacturer, the 3rd largest global manufacturer of transformer oils, and ranked 1st as a cables manufacturer for renewables in India.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Apar Industries jumps 6% after reporting robust its Q3 results; Check the details appeared first on Trade Brains.