APAR Industries Limited (APARINDS) Earnings Call Transcripts

APAR Industries Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, APAR Industries Limited reported a record revenue of INR 6,625 crores, reflecting a 26.7% year-over-year increase, while annual revenue reached INR 22,902 crores, up 23.3% from FY '25. The company achieved a PAT of INR 254 crores for the quarter, impacted by one-time provisions, but underlying operating performance showed a growth of 14%. Management maintained a positive outlook, indicating strong demand in the U.S. market and plans to increase CapEx for FY '27 to INR 1,500 crores, signaling confidence in future growth despite current challenges.

Reported metrics

Guidance from management

Management is optimistic about future growth, particularly in the U.S. market, and has raised FY '27 CapEx to INR 1,500 crores to support this growth. They expect continued strong demand despite short-term challenges in the supply chain and pricing pressures.

What management said

Yes. So on the Conductor division, our capacity utilization currently will be about 90% to 95%. And similarly, for Cables, it could be close to about 85% to 90%. Oil division, as the operation are not so capital intensive, we would have enough capacity because it would be in the range of 65% to 70% capacity .

Lubricants is higher at the moment. Lubricant capacity is running at almost 85% to 90% for the small can and the bucket filling because as you've seen, there's been a substantial growth in the last year. And the company is making some further investments as part of this CapEx to debottleneck that.

What analysts pressed on

Analysts expressed concerns regarding the impact of global supply chain disruptions, particularly in the oil division, and the potential for increased competition in the domestic market. There is also apprehension about pricing pressures and the ability to maintain margins amidst rising costs.

Main topics on the call

• Record Revenue Growth — APAR Industries achieved an all-time high revenue of INR 22,902 crores for FY '26, up 23.3% from FY '25. Management noted, "We have concluded FY '26 with a reasonably healthy growth trajectory, reaching an all-time high ...
• Strong Domestic and Export Performance — Domestic revenues grew 33.6% year-over-year in Q4, while exports increased by 13.3%. The U.S. revenues surged by 28.8% year-over-year, contributing to a 30% sequential growth in exports, indicating robust demand.
• Impact of One-Time Provisions — The reported PAT of INR 254 crores was affected by one-time provisions totaling INR 31 crores. Excluding these impacts, the underlying PAT would have been INR 285 crores, representing a 14% growth year-over-year.
• Increased CapEx Plans — Management announced plans to increase CapEx for FY '27 to INR 1,500 crores, up from INR 740 crores in FY '26, to support future growth. "We plan to increase our CapEx for FY '27 to about INR 1,500 crores," indicating co...

Read the full APAR Industries Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 APAR Industries Limited earnings call transcripts on record, spanning January 24, 2020 to July 24, 2026. Based on this history, APAR Industries Limited reports quarterly. The most recent call on file is dated July 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

APARINDS

Exchange

NSEI

Country

IN

Sector

Industrials

Industry

Industrial Conglomerates

Calls on record

28

First call

January 24, 2020

Most recent

July 24, 2026

Reporting cadence

quarterly