APAR Industries Q4 net profit grows 4% to ₹254.52 crores, dividend of ₹51/share announced

Mumbai: Power equipment manufacturer APAR Industries has delivered a strong set of numbers for the quarter ended March 31, 2026 with its net profit rising to ₹254.52 crores, a 4% rise from the same period last year. The company has seen demand rise both domestically and internationally as a rising demand for energy and transportation has helped the company. Along with the results, the company’s board has also announced a final dividend of ₹51 per equity share for the financial year 2025-26.

The Three Engines of Growth

APAR’s performance has come at a time when clean energy and a global rise in electricity grid expansion has meant greater revenues and orders for the company.

• Premium Conductors: Global demand for high efficiency, aluminium allow overhead conductors and specialised wires for wind and solar farms have helped APAR tide over challenges with global metal price volatility as a market leader in the segment. 
• Advanced Cable Solutions: Global demand for cabling from urban municipalities and global data centers have helped its cable division record double digit revenue, with exports rising to 42% while its EBITDA margins rise above the 10% mark.
• Specialty Oils Continuity: APAR’s leadership in the niche transformer oils sector has also helped, with higher volumes recorded across its industrial lubricant and automotive oil portfolios, which have offset the raw material price fluctuations. 

Capital Expenditures & Strategic Execution

With this, APAR now enters the monetization plase of its massive multi year expansion program:

1. Capacity Commissioning: The company is now looking to invest ~₹1,300 crore to expand its conductor and cable capacities.
2. Timing the Market Rebound: The company is now looking to tap into the immense demand for cable lines running for June 2026, as the global grid lines are expected to see severe component shortages.
3. Geographic Diversification: Besides India, APAR is also looking to tap the high yield European and Latin American utility markets, as it looks to expand its exports to nearly 35% of its operational sales.