Intimation of Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026 is attached.

SEC/2807/2026 By E-Filing July 28, 2026 National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, Corporate Relations Department, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra- Kurla Complex, Dalal Street, Bandra (E), Fort, Mumbai – 400 051. Mumbai - 400 001. Scrip Symbol : APARINDS Scrip Code : 532259 Kind Attn.: Listing Department Kind Attn. : Corporate Relationship Department Re: Intimation of Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026 Dear Sir / Madam, We refer to our earlier intimation dated May 28, 2026, wherein it was informed that the Board of Directors at its meeting held on Thursday, May 28, 2026, considered and approved, inter-alia, the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2026. In furtherance to the aforesaid intimation, please find enclosed the Audited Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2026, along with the audit reports issued thereon by M/s. C N K & Associates LLP, the Statutory Auditor of the Company. Please note the same remain subject to adoption by the shareholders at the ensuing Annual General Meeting of the Company. The same are also available on the website of the Company at https://apar.com/wp- content/uploads/2026/07/AIL-Signed-Financials_25-26.pdf Thanking you, Yours Faithfully, For APAR Industries Limited Sanjaya Kunder Company Secretary APAR Industries Limited Corporate Office : APAR House, Corporate Park, V. N. Purav Marg, Chembur, Mumbai - 400 071, India +91 22 4957 2100/6780 0400 corporate@apar.com www.apar.com Regd. Office: 301/306, Panorama Complex, R. C. Dutt Road, Alkapuri, Vadodara - 390007, India +91 265 6178 740 apar.baroda@apar.com www.apar.com CIN: L91110GJ1989PLC012802 CNK & Associates LLP Chartered Accountants INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF APAR INDUSTRIES LIMITED Report on the Audit of the Standalone Financial Statements Opinion \Ve have audited the accompanying Standalone Financial Statements of Apar Industries Limited ("the Company"), which comprise the Standalone Balance Sheet as at March 31, 2026, the Standalone Statement of Profit and Loss (including Other Comprehensive Income), the Standalone Statement of Changes in Equity and the Standalone Statement of Cash Flows for the year then ended and notes to the Standalone Financial Statements, including a summary of material accounting policies and other explanatory information (hereinafter referred to as "Standalone Financial Statements"). In our opinion and to the best of our information and according to the explanations given to us, the aforesaid Standalone Financial Statements give the information required by the Companies Act, 2013 (the "Act") in the manner so required and give a true and fair view in conformity with the Indian Accounting Standards prescribed under section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015, as amended, ("Ind AS") and other accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2026, the net profit and total comprehensive income, changes in equity and its cash flows for the year ended on that date. Basis for Opinion We conducted our audit of the Standalone Financial Statements in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Standalone Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the independence requirements that are relevant to our audit of the Standalone Financial Statements under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on the Standalone Financial Statements. Mistry Bhavan, 3rd Floor, Dinshaw Vachha Road, Churchgate, Mumbai 400 020. Tel: +91 22 6623 0600 501-502, Narain Chambers, M.G. Road, Vile Parle (E), Mumbai 400 057. Tel: +91 22 6250 7600 Website: www.cnkindia.com MUMBAI CHENNAI I VADODARA AHMEDABAD J GIFT CITY BENGALURU DELHI PUNE KOLKATA DUBAI ABU DHABI Key Audit Matters Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the Standalone Financial Statements of the current period. These matters were addressed in the context of our audit of the Standalone Financial Statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. We have determined the matters described below to be the key audit matters to be communicated in our report. Sr. Key Audit Matter Auditor's Response 1. Revenue from the sale of goods and To address this key audit matter, our services (hereinafter referred to as procedures included: "Revenue") is recognised when the • Reviewing the appropriateness of the Company performs its obligations and Company's revenue recognition accounting the amount of revenue can be measured policies in line with Ind AS 115 ("Revenue reliably and recovery of the from Contracts with Customers") and consideration is probable. The timing of testing thereof; such recognition is when the control • Evaluating the integrity of the control over the same is transferred to the environment and testing the operating effectiveness of the IT application controls customers. The timing of revenue particularly the effectiveness of such recognition is relevant to the reported controls over revenue cut off at year-end; performance of the Company. Revenue • Performing analytical procedures on is a key measure for evaluation of current year revenue and where performance. There is a risk of revenue appropriate, conducting further enquiries not being recorded in the correct and testing; accounting period establishing with • Evaluating of customer contracts with a certainty the point of time when control view to determine the transfer of control has passed. (Refer Note 2B to the and recognition of revenue as per Ind AS Financial Statements — Material 115; Accounting Policies • Undertaking substantive testing and the supporting documentation for sales transactions recorded during the period closer to the year-end and subsequent to the year-end, including examination of credit notes issued after the year-end to determine whether revenue was recognised in the correct period; • We assessed the adequacy of the Company's disclosures on revenue recognition as given in notes 32 and 55 to the Standalone Financial Statements. 2 Property, Plant and Equipment To address this key audit matter, our (PPE) and Capital Work in Progress procedures included: (CWIP) • Evaluating the design, implementation, During the year, the Company has and operating effectiveness of controls capitalized items of PPE including those relating to the review of capitalisation of from CWIP and is in the process of PPE and capital work-in-progress, with executing various projects involving specific focus on the timing of capitalization and the recording of purchasing / installation of new additions to Property, Plant and Equipment machineries / capital projects. Since (PPE) based on supporting documentation; these projects take a substantial period • Verifying, on a sample basis, assets of time to get ready for intended use and capitalized under PPE as well as those due to their materiality in the context of classified as capital work-in-progress the Balance Sheet of the Company, this against underlying source documents to is considered to be an area with assess whether the expenditure [Showing first 8,000 characters — download PDF for full document]