Apar Industries Ltd

Record Date & AGM Details

• Record date for entitlement: Monday, September 14, 2026.
• 37th AGM to be held Sept 21, 2026 via VC/OAVM.
• Dividend entitlement: Rs 60 per equity share for FY 2025-26.
• Dividend, if approved, will be paid/dispatched within statutory period.

AGM Details and Key Governance Matters

• Date/time/mode: 21 Sep 2026, 2:30 PM IST, VC/OAVM.
• Record date for entitlement: 14 Sep 2026.
• Adoption of standalone and consolidated financial statements.
• ESAR 2024 plan approved; pool 15,90,464.
• Re-appointment of Chaitanya N. Desai by rotation.
• Remuneration to Cost Auditor for 2026-27 up to ₹145,000.
• Final dividend proposed at ₹60 per share (₹241.01 crore).
• Postal ballot: Pitamber Shivnani Independent Director; 99.95% in favour.
• Rishabh Kushal Desai appointed Whole-Time Director from 1 Sep 2025.
• Statutory auditors: CNK & Associates LLP; report dated 28 May 2026.

Financial highlights (merged)

• Revenue from operations: ₹22,902.12 crore (consolidated, FY2026).
• Profit after tax: ₹976.93 crore (consolidated, FY2026).
• Basic earnings per share: ₹243.21.
• Diluted earnings per share: ₹242.81.
• Net profit margin: 4.27%.
• Return on equity: 19.74%.
• Final dividend: ₹60 per share.
• Export share of revenue: 29.77%.
• Capex in FY26: ₹736.66 crore.
• Debt-equity ratio: 0.16x.

QIP Details

• Security: Equity Shares of ₹10 face value.
• Number of shares: 16,88,618 to be allotted.
• Issue price ₹14,805; floor ₹14,801.25; premium over floor ₹3.75.
• Approval: Share Issue Committee approved closure and allocation; placement document approved.
• Dates: Issue opened Aug 10, 2026; closed Aug 13, 2026.
• Allocation to eligible QIBs upon closure per pricing formula.
• Placement document dated Aug 13, 2026 approved.

QIP opening and pricing

• Opening of Qualified Institutions Placement (QIP) authorized for Aug 10, 2026.
• Floor price fixed at ₹14,801.25 per equity share under ICDR pricing formula.
• Discount on floor price may be offered up to 5%.
• Relevant Date fixed as August 10, 2026 for opening and pricing.
• Preliminary Placement Document to be filed with BSE/NSE on Aug 10, 2026.
• Trading window closed from Aug 7, 2026 for the issue.
• Board approval for QIP granted on June 30, 2026.
• Special resolution passed at EGM held July 30, 2026.

Financial Performance

• Consolidated revenue INR 6,591 cr, up 29.1% YoY.
• PAT INR 467 cr, up 77.7%; PAT margin 7.1%.
• Export revenue grew 12.4%; domestic up 36.8%; export mix 27.5%.
• All three divisions delivered YoY profitability; highest quarterly revenue and margin.

Conductor Segment

• Conductor revenue INR 3,338 cr, up 19.9%.
• Volume down 6.7% due to aluminum price surge.
• Premium mix 50.3% of revenue, up from 43.7%.
• EBITDA post FX INR 285 cr, up 14%.
• EBITDA per ton INR 53,418; prior year 43,688.
• Backlog INR 10,190 cr; export 56.8%.
• New orders INR 5,245 cr; exports 65.8%.
• Two large orders over INR 2,800 cr from US and Europe.

Oil Division

• Oil revenue INR 1,701 cr, up 34.7%.
• Volume 129,085 kL, down 13.7%; UAE impact.
• India volume down 4.4%.
• Domestic transformer oil volumes down 6.2%; global -8%.
• Auto oil +6.6%; industrial lubricant +12.1%.
• Provision INR 94 cr; EBITDA per kL 25,482.
• Total EBITDA INR 329 cr, up 214%.

Cable Division

• Cable revenue INR 1,838 cr, up 29.5%.
• Domestic revenue up 59.9%; export down 13.7%.
• Export mix 27.6%; US revenue up 2.5%.
• Approvals from Meta, Microsoft, Google for data centers.
• US copper share 66%, aluminum 33%.
• Pending orders INR 1,925 cr; prior year 1,653 cr.
• EBITDA post FX INR 194 cr, up 36.7%; margin 10.6%.

Backlog & Capacity

• Total backlog INR 10,190 cr; 56.8% exports.
• Capex to debottleneck; capacity utilization 80-90%.
• Two large orders indicate overseas opportunities.

Guidance & Disclosures

• Management cannot discuss guidance or funding questions due to regulations.
• Working capital days 45-50; debtor and inventory improved in conductor division.
• Specialty oils inventory degrown; prudent inventory management.

EGM e-voting results

• EGM held on 30 July 2026 at 11:00 a.m. via Video Conferencing.
• Purpose: Declaration of e-voting results for the EGM.
• Annexures: Annexure-1 contains e-voting results; Annexure-2 contains Consolidated Scrutinizer Report.
• Publication: Results uploaded on Apar's website and evotingindia.com.
• Contact: Sanjaya Kunder, Company Secretary.
• Issuer: Apar Industries Limited.

Agenda

• Special resolution to raise funds via issuance of securities up to ₹2,500 crore.

Voting and outcome

• Voting conducted by remote e-voting; results to be declared within 2 working days.

Meeting details

• EGM held July 30, 2026 via VC at 11:00 A.M; concluded 11:14 A.M.

Governance

• Hemang Mehta appointed Scrutinizer for e-voting.