APARINDSNSEApar Industries Limited· LubricantsMediumNeutral
Announced Thu, 28 May · 14:33 IST

Apar Industries Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

APARINDS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹13510.00
prior close
₹13500.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.3-4.2-4.3-5.0-5.8-1.7+0.2+2.0+2.3+0.7+20.1+19.7
Up moveDown movePending
AI summary

Apar Industries Limited reported record annual performance for FY 2025-26. Consolidated revenue grew 23.3% to Rs. 22,902 crores, while profit after tax increased 19% to Rs. 977 crores. Q4 revenue showed strong growth of 26.7% year-on-year at Rs. 6,603 crores. The Board recommended a dividend of Rs. 60 per equity share (aggregating Rs. 241 crores) subject to shareholder approval. The company appointed Mr. Rahul Dugal as Cost Auditor and Deloitte Touche Tohmastu LLP as Internal Auditor for FY 2026-27. Additionally, 5,920 equity shares were allotted under the ESAR plan, and approval was given for further investment of up to BRL 550,000 in Apar Industries Latam Ltda, Brazil. Statutory auditors C N K & Associates LLP issued an unmodified opinion on the financials.

Likely market impact

Strong financial performance with 19% PAT growth reflects solid operational execution across conductors, transformer oils, and cable segments. The maiden/strong dividend payout signals management confidence and rewards shareholders. No change in statutory auditors occurred despite the misleading headline.