Shares of Apar Industries Ltd rose 4 percent on Wednesday after management reiterated its target of maintaining EBITDA of Rs 40,000 per tonne in the conductor business.
The stock climbed to an intraday high of Rs 14,098.95, compared with the previous close of Rs 13,603.25. Apar Industries has a market capitalization of Rs 56,175 crore.
The stock has gained:
- 74 percent over the past year.
- 70 percent on a year-to-date basis.
- 61 percent in the last six months.
- 11 percent over the past month.
Conductor business outlook
Management has guided for:
- EBITDA of Rs 40,000 per tonne.
- Volume growth of around 10 percent.
The company expects demand from power transmission projects to support growth in the conductors segment.
Export opportunities in the US
Apar Industries also sees opportunities in overseas markets.
Management said stabilization in tariff policies could help increase exports to the United States and strengthen the international order pipeline.
Data centres emerge as a growth driver
The company highlighted rising opportunities in the cables segment, particularly from data centre investments.
According to management:
- Cables account for around 2.5 percent of total data centre capital expenditure.
- Increasing investments in data centres are expected to support future demand.
Cables segment growth target
Management expects the cables business to grow by approximately 25 percent annually over the next five years.
Growth is expected to be driven by:
- Data centres.
- Infrastructure projects.
- Industrial demand.
- Premium building solutions.
Profit outlook
The company believes it can double profits over the next four years through:
- Volume growth.
- Operating leverage.
- Improved product mix.
Q4 FY26 performance
Apar Industries reported higher revenue and profit during the March quarter.
Q4 FY26 vs Q4 FY25
- Revenue increased 27 percent to Rs 6,603 crore, from Rs 5,210 crore.
- EBITDA rose 9 percent to Rs 496 crore, from Rs 455 crore.
- Net profit grew 1 percent to Rs 253 crore, from Rs 250 crore.
- Earnings per share improved to Rs 63.09, from Rs 62.24.
About the company
Apar Industries Ltd manufactures:
- Conductors.
- Transformers.
- Specialty oils.
- Power and telecom cables.
The company serves customers across:
- Utilities.
- Renewable energy.
- Infrastructure.
- Railways.
- Telecom.
- Industrial sectors.
TL;DR
Apar Industries shares rose 4 percent after management reaffirmed its Rs 40,000-per-tonne EBITDA target for the conductor business. The company also expects strong growth in its cables segment, supported by rising investments in data centres and infrastructure.
AI Summary
- Apar Industries reiterated its Rs 40,000-per-tonne EBITDA target.
- Management expects 10 percent volume growth in conductors.
- The cables business is projected to grow 25 percent annually over five years.
- Data centre investments are emerging as a key demand driver.
- Q4 FY26 revenue increased 27 percent to Rs 6,603 crore.
