Apar Industries quarterly results

Q2 FY27 · Jul–Sep 2026

₹ 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%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	6,931	6,591	6,603	5,480	5,715	5,104	5,210	4,716	4,645	4,011	4,455	4,013	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	61.3	33.7	19.7	15.3	27.4	24.8	17.1	34.2	32.8	16.2	32.8	21.0
	6,993	6,625	6,623	5,495	5,743	5,129	5,227	4,751	4,677	4,027	4,488	4,034
	5,759	5,287	5,465	4,692	4,370	4,167	4,129	3,867	3,660	3,220	3,347	3,213
	22.1	28.2	23.8	24.1	30.4	25.1	33.4	22.4	19.0	18.2	17.7	18.2
	−395	−249	−301	−317	70.5	−159	−75.3	−125	62.1	−90.4	75.4	−258
	139	126	114	109	99.7	105	78.4	89.4	87.9	82.2	77.9	72.9
	138	123	137	106	108	86.3	99.7	118	101	90.4	101	113
	47.1	45.7	42.5	40.6	39.9	38.2	35.6	33.4	32.1	31.1	31.5	28.8
	685	641	806	527	684	514	586	507	459	405	515	561
	6,396	6,002	6,286	5,182	5,402	4,776	4,887	4,512	4,421	3,756	4,166	3,750
	721	758	496	444	461	452	458	356	357	376	421	405
	674	712	453	404	421	414	423	323	324	345	390	376
Profit
	597	622	336	313	341	353	340	239	257	270	322	284
	0.0	0.0	−7.5	−25.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	597	622	329	288	341	353	340	239	257	270	322	284
	127	182	80.3	76.0	89.1	89.9	84.6	66.7	64.1	69.3	91.7	68.2
	22.1	−27.0	−4.8	3.2	−0.3	−0.3	5.5	−3.1	−1.3	−1.5	−6.3	−1.5
	150	155	75.5	79.2	88.8	89.6	90.1	63.6	62.9	67.9	85.4	66.7
	0.1	0.3	0.1	−0.0	−0.0	0.0	−0.1	−0.1	0.0	0.0	0.0	−0.1
	447	467	253	209	252	263	250	175	194	203	236	218
	447	467	253	209	252	263	250	175	194	203	236	218
	8.9	−139	−3.0	62.2	23.0	7.1	13.1	−43.3	11.7	26.7	−23.8	−3.9
	456	329	250	271	275	270	263	132	206	229	212	214
	447	—	—	209	252	263	250	175	194	203	236	218
Per share
	₹110.10	₹116.37	₹63.09	₹52.01	₹62.66	₹65.45	₹62.23	₹43.55	₹48.27	₹50.42	₹60.97	₹56.62
	₹109.78	₹116.02	₹62.96	₹51.92	₹62.55	₹65.39	₹62.23	₹43.55	₹48.27	₹50.42	₹60.97	₹56.62
Other comprehensive income — detail
	8.9	−139	−3.0	62.2	23.0	7.1	13.1	—	—	—	—	—
	−2.4	−0.9	−1.4	−0.7	−0.4	−0.9	1.2	−1.3	−2.1	−0.3	2.9	−1.4
	−0.6	−0.2	−0.4	−0.2	−0.1	−0.2	0.3	—	—	—	—	—
	—	—	—	—	—	—	—	−0.3	−0.5	−0.1	0.7	−0.3
	13.1	−184	−5.6	83.8	28.7	10.1	16.2	−57.3	17.4	36.0	−34.6	−3.9
	2.4	−45.7	−3.6	21.1	5.4	2.3	4.0	—	—	—	—	—
	—	—	—	—	—	—	—	−15.0	4.2	9.0	−8.7	−1.1
	456	329	250	271	23.0	270	263	132	206	229	212	214
Per share — as-filed variants
	₹110.10	₹116.37	₹63.09	₹52.01	₹62.66	₹65.45	₹62.23	₹43.55	₹48.27	₹50.42	₹60.97	₹56.62
	₹109.78	₹116.02	₹62.96	₹51.92	₹62.55	₹65.39	₹62.23	₹43.55	₹48.27	₹50.42	₹60.97	₹56.62
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	1,545	1,525	1,416	1,080	1,244	1,071	1,123	953	904	862	1,015	1,039
	22.3%	23.1%	21.4%	19.7%	21.8%	21.0%	21.6%	20.2%	19.5%	21.5%	22.8%	25.9%
Adjusted (ex-exceptional items) — derived
	597	622	336	313	341	353	340	239	257	270	322	284
	0.0	0.0	−7.5	−25.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	447	467	259	227	252	263	250	175	194	203	236	218
	₹110.10	₹116.37	₹64.54	₹56.52	₹62.66	₹65.45	₹62.23	₹43.55	₹48.27	₹50.42	₹60.97	₹56.62

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

APARINDS₹15,846.00

Apar Industries Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersPOLYCAB KEI AIAENG THERMAX ESCORTS HONAUT PREMIERENE COCHINSHIPMcap ₹63,653 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	4,013.2	4,455.1	4,010.5	4,644.5	4,716.4	5,209.8	5,104.2	5,715.4	5,479.7	6,602.8	6,591.1	6,931.2
Other Income	21.0	32.8	16.2	32.8	34.2	17.1	24.8	27.4	15.3	19.7	33.7	61.3
Total Income	4,034.2	4,487.9	4,026.7	4,677.3	4,750.6	5,226.9	5,129.0	5,742.9	5,495.0	6,622.5	6,624.7	6,992.5
Expenses
+ Cost of Materials Consumed	3,213.4	3,347.5	3,220.3	3,659.5	3,866.7	4,128.8	4,167.5	4,370.0	4,692.1	5,464.6	5,287.1	5,759.1
+ Purchases of Stock-in-Trade	18.2	17.7	18.2	19.0	22.4	33.4	25.1	30.4	24.1	23.8	28.2	22.1
+ Changes in Inventories	-257.8	75.4	-90.4	62.1	-125.4	-75.3	-159.3	70.5	-316.7	-301.3	-249.0	-394.6
+ Employee Benefit Expense	72.9	77.9	82.2	87.9	89.4	78.4	104.9	99.7	109.1	114.3	126.2	138.5
+ Finance Costs	112.8	101.1	90.4	100.6	118.4	99.7	86.3	107.9	106.1	136.8	123.2	138.3
+ Depreciation & Amortisation	28.8	31.5	31.1	32.1	33.4	35.6	38.2	39.9	40.6	42.5	45.7	47.1
+ Other Expenses	561.4	515.3	404.7	459.5	507.2	586.3	513.8	683.9	526.6	805.6	641.0	685.3
Total Expenses	3,749.8	4,166.3	3,756.4	4,420.6	4,512.0	4,886.8	4,776.4	5,402.3	5,182.0	6,286.2	6,002.4	6,395.8
EBITDA	405.0	421.4	375.6	356.5	356.1	458.2	452.3	460.9	444.4	495.9	757.6	720.8
EBIT	376.2	389.9	344.5	324.5	322.7	422.6	414.0	421.0	403.9	453.4	711.9	673.7
Profit
PBT before Exceptional Items	284.4	321.6	270.4	256.7	238.6	340.1	352.5	340.6	313.1	336.3	622.3	596.7
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-25.0	-7.5	0.0	0.0
Pretax Income	284.4	321.6	270.4	256.7	238.6	340.1	352.5	340.6	288.1	328.8	622.3	596.7
+ Current Tax	68.2	91.7	69.3	64.1	66.7	84.6	89.9	89.1	76.0	80.3	182.1	127.4
+ Deferred Tax	-1.5	-6.3	-1.5	-1.3	-3.1	5.5	-0.3	-0.3	3.2	-4.8	-27.0	22.1
Tax Expense	66.7	85.4	67.9	62.9	63.6	90.1	89.6	88.8	79.2	75.5	155.2	149.5
+ Share of Associates & JVs	-0.1	0.0	0.0	0.0	-0.1	-0.1	0.0	-0.0	-0.0	0.1	0.3	0.1
Net Income	217.6	236.2	202.5	193.9	174.9	250.0	262.9	251.7	208.9	253.4	467.5	447.3
+ Net Income — Continuing Ops	217.7	236.2	202.5	193.9	175.0	250.0	262.9	251.7	208.9	253.3	467.2	447.2
+ Other Comprehensive Income	-3.9	-23.8	26.7	11.7	-43.3	13.1	7.1	23.0	62.2	-3.0	-138.6	8.9
Total Comprehensive Income	213.7	212.5	229.3	205.6	131.6	263.0	270.0	274.7	271.2	250.4	328.9	456.2
Net Income to Common	217.6	236.2	202.5	193.9	174.9	250.0	262.9	251.7	208.9	—	—	447.3
Per Share
Basic EPS	56.62	60.97	50.42	48.27	43.55	62.23	65.45	62.66	52.01	63.09	116.37	110.10
Diluted EPS	56.62	60.97	50.42	48.27	43.55	62.23	65.39	62.55	51.92	62.96	116.02	109.78
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	13.1	7.1	23.0	62.2	-3.0	-138.6	8.9
+ Items NOT to be Reclassified to P&L	-1.4	2.9	-0.3	-2.1	-1.3	1.2	-0.9	-0.4	-0.7	-1.4	-0.9	-2.4
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	0.3	-0.2	-0.1	-0.2	-0.4	-0.2	-0.6
+ Tax on Items NOT to be Reclassified — alt tag	-0.3	0.7	-0.1	-0.5	-0.3	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-3.9	-34.6	36.0	17.4	-57.3	16.2	10.1	28.7	83.8	-5.6	-183.6	13.1
+ Tax on Items to be Reclassified	—	—	—	—	—	4.0	2.3	5.4	21.1	-3.6	-45.7	2.4
+ Tax on Items to be Reclassified — alt tag	-1.1	-8.7	9.0	4.2	-15.0	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	213.7	212.5	229.3	205.6	131.6	263.0	270.0	23.0	271.2	250.4	328.9	456.2
Per Share — as-filed variants
Basic EPS — Continuing Operations	56.62	60.97	50.42	48.27	43.55	62.23	65.45	62.66	52.01	63.09	116.37	110.10
Diluted EPS — Continuing Operations	56.62	60.97	50.42	48.27	43.55	62.23	65.39	62.55	51.92	62.96	116.02	109.78
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	1,039.3	1,014.6	862.5	903.9	952.7	1,122.8	1,070.9	1,244.5	1,080.2	1,415.7	1,524.8	1,544.6
Gross Margin %	25.90	22.77	21.51	19.46	20.20	21.55	20.98	21.77	19.71	21.44	23.13	22.28
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	284.4	321.6	270.4	256.7	238.6	340.1	352.5	340.6	313.1	336.3	622.3	596.7
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-25.0	-7.5	0.0	0.0
Net Income Adj (tax-effected)	217.6	236.2	202.5	193.9	174.9	250.0	262.9	251.7	227.1	259.2	467.5	447.3
EPS Adj	56.62	60.97	50.42	48.27	43.55	62.23	65.45	62.66	56.52	64.54	116.37	110.10
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	40.2	40.2	40.2	40.2	40.2	40.2	40.2	40.2	40.2	40.2	40.2	41.9

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Apar Industries Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 29 October 2026 at 1:44 pm IST

Apar Industries (NSE: APARINDS) reported its Q2 FY27 results (July–September 2026) on Thursday, 29 October 2026 at 1:44 pm IST. Consolidated net profit was ₹447 crore, up 77.7% from ₹252 crore in Q2 FY26 and down 4.3% from ₹467 crore in Q1 FY27. Revenue from operations was ₹6,931 crore, up 21.3% year on year and up 5.2% from the previous quarter.

Q2 FY26 results (a year earlier): 29 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹447 Cr+77.7% vs Q2 FY26−4.3% vs Q1 FY27
Revenue from operations: ₹6,931 Cr+21.3% vs Q2 FY26+5.2% vs Q1 FY27
Operating margin (EBIT): 9.7%+2.4 pts vs Q2 FY26−1.1 pts vs Q1 FY27EBIT ₹674 Cr
EBITDA: ₹721 Cr+56.4% vs Q2 FY26−4.9% vs Q1 FY27margin 10.4%
Earnings per share (basic): ₹110.10+75.7% vs Q2 FY26−5.4% vs Q1 FY27
Net profit margin: 6.5%+2.0 pts vs Q2 FY26−0.6 pts vs Q1 FY27

Questions

What was Apar Industries' net profit in Q2 FY27?

Consolidated net profit was ₹447 crore, up 77.7% from ₹252 crore in Q2 FY26 and down 4.3% from ₹467 crore in Q1 FY27.

What is Apar Industries' net profit margin?

Apar Industries' net profit margin was 6.5% in Q2 FY27 (net profit as a share of revenue from operations), against 4.4% in Q2 FY26 (up 2.0 percentage points). For FY26 as a whole it was 4.3%.

What was Apar Industries' net profit in FY26?

Consolidated net profit was ₹977 crore in FY26 (April 2025–March 2026), up 18.9% from ₹821 crore in FY25. It was ₹825 crore in FY24 and ₹638 crore in FY23: up 53.2% over three years, 15.3% a year on average.

What was Apar Industries' revenue in Q2 FY27?

Revenue from operations was ₹6,931 crore, up 21.3% year on year and up 5.2% from the previous quarter.

What was Apar Industries' EPS in Q2 FY27?

Basic earnings per share were ₹110.10, against ₹62.66 in Q2 FY26.

What was Apar Industries' revenue in FY26?

Revenue from operations was ₹22,902 crore in FY26 (April 2025–March 2026), up 23.3% from ₹18,581 crore in FY25. It was ₹16,153 crore in FY24 and ₹14,352 crore in FY23: up 59.6% over three years, 16.9% a year on average.

How were Apar Industries' Q2 FY27 results?

Both grew from a year earlier: net profit was up 77.7% at ₹447 crore and revenue was up 21.3% at ₹6,931 crore. The operating margin was 9.7%, up 2.4 percentage points from 7.4% a year earlier. Against Q1 FY27, net profit was down 4.3% and revenue up 5.2%.

What was Apar Industries' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹674 crore, a margin of 9.7%, against 10.8% in Q1 FY27 and 7.4% in Q2 FY26. EBITDA was ₹721 crore, 10.4% of revenue.

What was Apar Industries' net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹915 crore, up 77.8% from ₹515 crore in the same months a year earlier. Revenue from operations was ₹13,522 crore, up 25.0%.

How has Apar Industries' profit changed over the last four quarters?

Net profit by quarter: ₹209 crore in Q3 FY26, ₹253 crore in Q4 FY26, ₹467 crore in Q1 FY27 and ₹447 crore in Q2 FY27. That is ₹1,377 crore over the four quarters, up 46.6% from ₹940 crore in the four quarters before. Revenue from operations: ₹5,480 crore, ₹6,603 crore, ₹6,591 crore and ₹6,931 crore.

When did Apar Industries announce its Q2 FY27 results?

On Thursday, 29 October 2026 at 1:44 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 29 October 2025.

When will Apar Industries announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Apar Industries figures come from?

From Apar Industries' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 29 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.