Apar Industries Ltd (APARINDS) Q2FY27 Concall Summary - Sep-2026 Qtr
Key Takeaways
- A significant INR 800 crores of high-value conductor and cable shipments to the US are in transit, artificially depressing Q2 export figures which will be recognized in Q3.
- The company secured INR 1,000 crores in cable orders from Google and Amazon data centers, signaling a major strategic entry into this high-growth segment.
- Management passed an enabling resolution for a potential $100 million investment into its Singapore subsidiary to fund an advanced-stage overseas expansion plan.
Performance Overview
- Consolidated revenue for the quarter grew by 21.3% year-on-year, driven by strong domestic performance which increased by 34.3%.
- EBITDA margins significantly improved by 270 basis points to 11.4%, with net profit margin rising 209 basis points to 6.5%.
- Reported export revenue was impacted by approximately INR 800 crores of conductor and cable sales in transit to the US on a DDP basis, which will be recognized in Q3.
- The conductor division achieved a record-high order book of INR 12,025 crores, up 82% YoY for the quarter's order intake.
- The company successfully raised INR 2,500 crores through a QIP, leading to a credit rating upgrade from AA- to AA.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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Tone & Disclosure
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