A

Apar Industries Ltd

Q3 FY25Electrical Equipment

Apar Industries Q3 FY25 earnings call: Revenue & Margins

Q3 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹16,856
Market cap₹63.0K Cr
P/E52.2
Updated23 Aug 2026
Read4 min read

The short version

Cable division top-line growth guidance: 25% in value terms (blended domestic and global markets). APAR Industries continues to hold its earlier guidance for growth and margins, indicating steady future performance.

From Apar Industries Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Cable division top-line growth guidance: 25% in value terms (blended domestic and global markets).
  • Conductor division volume growth guidance: approximately 10%.
  • Oil division volume growth guidance: 5-8%.
  • Domestic market growing faster relative to exports, with export mix expected to vary based on margin and external factors like U.S. demand.
  • Wire segment growing strongly, with a 46% growth in 9 months FY'25 vs FY'24, expanding distribution by 67%, retail presence doubled, expected to become an INR 300+ crore business.
  • Sector outlook positive: pent-up demand in transmission lines and substations expected to result in catch-up in execution and order inflow.

2 more points from Apar Industries Ltd's call on revenue

Pro opens every point from 15K+ earnings calls

Profitability & Margins

See what Apar Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Capex of about INR 270 crores has been done till 9 months of FY25; budget for FY26 is being finalized soon. (Page 21)
  • Strong order flow in the conductor business expected to continue based on existing orders at capex and EPC levels, supporting business for FY26 and beyond. (Page 26)
  • Industry 4.0 program underway in the Cable business: over 400 machines to be connected to the platform by end of March, aimed at improving efficiencies. (Page 12)

2 more points from Apar Industries Ltd's call on capex

Pro opens every point from 15K+ earnings calls

Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 2Mar 1
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Apar Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • The current order book stands at a healthy INR 7,600 crores (Page 6).
  • New orders received during the quarter were INR 3,077 crores, a 62.3% increase YoY (Page 6).
  • There is significant pent-up demand compared to the Central Electricity Authority's (CEA) declared plans, with execution running at roughly 50% for transmission lines and 65% for substations (Pages 33-34).
  • Some tenders are delayed, retendered, or recently finalized, indicating pending execution growing from caught-up demand (Pages 33-34).

2 more points from Apar Industries Ltd's call on order book

Pro opens every point from 15K+ earnings calls

Apar Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹5.5K Cr, net profit ₹209 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Electrical Equipment this season

  • Bharat Heavy Electricals Ltd (Q3 FY25)

    7,277 Crore, up from Rs. Key concall takeaways from Bharat Heavy Electricals Ltd's Q3 FY25 earnings call — and how it ranks against sector peers.

  • Inox Wind Ltd (Q3 FY25)

    . Key concall takeaways from Inox Wind Ltd's Q3 FY25 earnings call — and how it ranks against sector peers.

  • Quality Power Electrical Equipments Ltd (Q3 FY25)

    The order book stands at approximately INR 450-517 crores with a significant portion (70%-80%) linked to HVDC and FACTS technology, signaling strong future…

  • Transrail Lighting Ltd (Q3 FY25)

    Order book as of Dec 2024: INR 15,643 crore with a balanced domestic (49%) and international (51%) mix. Key concall takeaways from Transrail Lighting Ltd's Q3…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Apar Industries Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Apar Industries Ltd Q3 FY25 results?

Cable division top-line growth guidance: 25% in value terms (blended domestic and global markets). APAR Industries continues to hold its earlier guidance for growth and margins, indicating steady future performance.

What is Apar Industries Ltd share price analysis?

Apar Industries Ltd currently shows a neutral. The stock trades at a P/E of 52.2 with a market cap of ₹62,952 Cr. Investors should review the full earnings analysis for detailed insights.

Is Apar Industries Ltd planning capital expenditure?

Capex of about INR 270 crores has been done till 9 months of FY25; budget for FY26 is being finalized soon.

Keep Apar Industries Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.