Apar Industries Limited — Q2 FY24
Apar Industries delivered a strong Q2 FY24 with consolidated revenue of INR 3,926 crore (+21% YoY), EBITDA of INR 374 crore (+58% YoY), and PAT of INR 174 crore (+69% YoY).
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY24
Conductor volume growth of ~10% for FY24
Management maintained guidance of ~10% volume growth in conductors for the full year, despite near-term export headwinds.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q1 FY24
Conductor EBITDA per ton of INR 25,000+ with tailwinds
Guidance for conductor EBITDA per metric ton remains at INR 25,000 plus tailwinds, which are expected to taper over the next two quarters.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q1 FY24
Cable EBITDA margin of 10%-12%
Management guided cable division EBITDA margin in the range of 10%-12% for FY24.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1