Apar Industries Limited — Important, 28-01-2025: Financial Result Updates

**Consolidated Financial Results Summary for APAR Industries Limited**

APAR Industries reported robust consolidated results for the third quarter and nine-month period ended December 31, 2024. The total revenue reached ₹ 4,716 crores, marking a significant year-over-year growth of 17.7%, driven primarily by a 31.8% increase in domestic sales. However, export revenue's contribution declined to 33.5% compared to 40.7% in the previous year.

Net profit for the quarter stood at ₹ 175 crores, a decrease of 19.7% YoY, influenced by rising operational costs and competitive pricing pressures in export markets. The Earnings Per Share (EPS) reflects a decrease to ₹ 43.55, down from ₹ 56.62 YoY.

Operational costs escalated by 4.8% to ₹ 4,307 crores, impacted by increasing material costs and labor expenses. This resulted in a compressed EBITDA margin, which fell 7.1% to ₹ 401 crores.

The balance sheet indicates healthy asset management, with total assets at ₹ 10,421.55 crores. The company maintains a strong order book of ₹ 7,601 crores, highlighting solid future revenue potential.

In terms of outlook, APAR remains cautiously optimistic, focusing on domestic growth driven by infrastructure demand. However, they face challenges from international pricing, necessitating strategic adaptations. Based on overall performance and market conditions, a *hold* strategy may be prudent for retail investors while monitoring the export landscape closely.