| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 6,931 | 5,715 | +21.3% |
| EBITDA | 721 | 461 | +56.4% |
| EBITDA margin | 10.4% | 8.1% | +2.3 pts |
| Profit before tax | 597 | 341 | +75.2% |
| Net profit | 447 | 252 | +77.7% |
| EPS | ₹110.10 | ₹62.66 | +75.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M |
|---|
| 1,446 | |
| 25,605 | |
| 2,419 | |
| 9.4% | |
| 2,243 | |
| 1,377 | |
| 5.4% | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Apar Industries (NSE: APARINDS) had a market capitalisation of ₹66,347 crore at the 29 October 2026 close (₹15,846.00 a share), a PE ratio of 48.2 on the last four quarters' profit and a price-to-book ratio of 7.79. Its debt-to-equity ratio was 0.10 on 30 September 2026. Promoters held 55.42% of the shares on 30 September 2026.
Apar Industries' PE ratio is 48.2 at the 29 October 2026 close (₹15,846.00 a share): a market capitalisation of ₹66,347 crore divided by consolidated net profit of ₹1,377 crore over the last four quarters (Q3 FY26 to Q2 FY27).
Apar Industries' debt-to-equity ratio was 0.10 on 30 September 2026: borrowings of ₹888 crore against total equity of ₹8,520 crore. A year earlier, on 30 September 2025, it was 0.12.
Apar Industries' dividend yield is 0.38% at the 29 October 2026 close: dividends of ₹60 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹15,846.00. They were ₹60 on 11 September 2026.
Apar Industries' price-to-book (PB) ratio is 7.79 at the 29 October 2026 close: a market capitalisation of ₹66,347 crore divided by shareholders' equity (book value) of ₹8,520 crore on 30 September 2026. That is a book value of ₹2,034.92 per share against a share price of ₹15,846.00.
Apar Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹8,520 crore on 30 September 2026, up 75.6% from ₹4,853 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹66,347 crore at the 29 October 2026 close.
Apar Industries' book value per share was ₹2,034.92 on 30 September 2026: shareholders' equity of ₹8,520 crore divided by the 4.19 crore shares in issue, up 68.5% from ₹1,207.99 a year earlier. The share price at the 29 October 2026 close was ₹15,846.00.
Apar Industries' market capitalisation was ₹66,347 crore at the 29 October 2026 close: 4.19 crore shares at ₹15,846.00 each.
No. Apar Industries had borrowings of ₹888 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.10. Its cash and current investments were ₹1,546 crore, so it held net cash of ₹658 crore.
In 2026, Apar Industries has declared one dividend: ₹60 with record date 14 September 2026 and ex-date 11 September 2026.
Promoters held 55.42% of Apar Industries on 30 September 2026, down 2.34 percentage points from 57.76% the previous quarter and down 2.35 percentage points from 57.77% a year earlier, according to the shareholding pattern filed with NSE.
Apar Industries' latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹447 crore, up 77.7% from ₹252 crore in Q2 FY26; revenue from operations ₹6,931 crore, up 21.3% year on year.
Apar Industries has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, Apar Industries' shares were held by promoters 55.42%, foreign portfolio investors (FII/FPI) 12.55%, domestic institutions (DII) 23.82% (including mutual funds at 20.98%) and retail and other non-institutional investors 8.21%. Over the year, FII holding was up 3.30 percentage points from 9.25% and DII holding was up 1.18 percentage points from 22.64%.
At the 29 October 2026 closing prices, on FY26 net profit, Apar Industries' PE ratio is 67.9, the highest of the four: Polycab India 43.7, KEI Industries 39.9 and AIA Engineering 26.7, a peer average of 36.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Apar Industries earned net profit of ₹977 crore on revenue of ₹22,902 crore, against ₹2,672 crore on ₹28,884 crore for Polycab India. Apar Industries' operating margin was 7.5% (Polycab India 12.5%). At the 29 October 2026 close, Apar Industries' market capitalisation was ₹66,347 crore against ₹1,16,711 crore for Polycab India, and its PE ratio on FY26 profit 67.9 against 43.7.
On FY26 consolidated figures, against Polycab India, KEI Industries and AIA Engineering: Apar Industries' operating margin of 7.5% is the lowest of the four (Polycab India 12.5%, KEI Industries 9.7%, AIA Engineering 25.9%; peer average 16.0%); its revenue growth over three years of 16.9% a year is the third highest of the four (Polycab India 27.0% a year, KEI Industries 19.3% a year, AIA Engineering −3.4% a year; peer average 14.3% a year).
From Apar Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.