1. India Stocks

  2. •

    Electronic technology

  3. •

    Electronic equipment/Instruments
APAR Industries Limited

APAR Industries Limited

14,723.15
INR
-403.80
(-2.67%)
296.35EPS
52.85P/E
630.40BMarket Cap
Oct 29Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,202.45
1,330.35
1,357.89
1,254.04
1,524.45
2,081.04
1,940.35
1,661.81
2,426.85
3,725.73
4,124.52
4,603.75
5,678.66
5,895.66
Basic EPS, GAAP
23.29
12.86
32.48
45.88
37.82
35.55
35.32
41.94
67.09
166.64
212.1
204.46
243.21
296.92
Free Cash Flow per Basic Share
-190.17
62.29
76.92
36.76
25.36
110.78
-13.35
58.94
29.6
117.72
-157.82
194.59
57.49
- -
Dividend per Share
5.25
5.23
10.2
0.13
9.98
9.48
22.86
0.03
9.5
14.99
39.33
50.94
50.97
- -
Book Value per Share
180.98
184.54
221.38
270.75
289.6
314.19
302.27
365.71
448.21
584.39
965.05
1,121.17
1,342.7
- -
Tangible Book Value per Share
174.8
178.03
218.06
267.99
287.66
312.85
301.63
365.24
447.78
583.94
964.35
1,120.04
1,341.55
- -
Basic Weighted Avg Shares
39
39
37
38
38
38
38
38
38
38
39
40
40
40
Sales/Revenue/Turnover
46,295
51,219
50,873
48,259
58,339
79,639
74,255
63,595
92,872
142,578
160,452
184,925
228,102
236,831
Operating Margin (%)
6.04
4.31
6.89
7.89
6.32
5.33
6.11
5.73
5.78
8.49
9.18
8.01
7.77
8.37
Depreciation Expense
270
312
378
450
559
667
871
935
978
1,043
1,157
1,322
1,611
1,670
Net Income, GAAP
897
495
1,217
1,766
1,447
1,361
1,352
1,605
2,567
6,377
8,251
8,213
9,769
11,927
Effective Tax Rate (%)
30.05
31.82
32.25
35.53
35.03
37.07
20.22
22.94
24.93
25.37
25.39
25.72
25.43
25.09
Profit Margin (%)
1.94
0.97
2.39
3.66
2.48
1.71
1.82
2.52
2.76
4.47
5.14
4.44
4.28
5.04
Working Capital
3,783
2,703
3,069
5,290
6,092
5,371
4,359
7,220
9,897
12,830
28,538
29,786
34,664
- -
LT Debt
701
944
835
906
1,619
1,303
2,365
2,467
2,563
2,151
3,946
3,987
5,369
- -
Total Equity
6,980
7,116
8,539
10,361
11,083
12,024
11,568
13,995
17,152
22,364
38,764
45,035
53,934
- -
Return on Invested Capital (%)
12.74
10.86
17.64
18.24
16.46
18.14
23.54
17.06
19.48
37.89
31.55
23.5
22.96
- -
Return on Capital (%)
8.07
6.95
14.81
17.85
14.41
15.94
17.44
12.79
16.17
32.78
29.76
21.55
20.81
- -
Return on Common Equity (%)
13.55
7.04
15.57
18.7
13.5
11.78
11.46
12.56
16.48
32.28
27
19.6
19.74
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
4,186
- -
LT Borrowings
- -
4,328
- -
LT Finance Leases
- -
1,041
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
336,120
396,676
630,402

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
111,968
- -
Cash, Cash Equivalents & STI
- -
7,130
- -
Accounts Receivable, Net
- -
53,341
- -
Inventories
- -
41,528
- -
Total Current Liabilities
- -
77,304
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,186
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.62%
32.44%
19.76%
Free Cash Flow
-68.51%
-57.23%
-70.46%
Net Income, GAAP
29.54%
51.25%
18.95%
Sales/Revenue/Turnover
18.18%
30.14%
23.35%
Total Cash Common Dividend
3,808.77%
6,091.66%
0.05%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
39,839
46,234
46,965
51,887
184,925
2026
50,842
- -
54,610
65,712
228,102
2027
65,666
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
50.42
48.27
43.55
62.23
204.46
2026
65.45
- -
52.01
63.09
243.21
2027
116.37
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
50.94
2026
- -
- -
- -
- -
50.97
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kushal Narendra Desai
Full Time Employees
10,139
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
Apar House, Building No. 4&5 Mumbai MA India 400071
IPO Date
Jul 12, 2004
Website
apar.com
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Business
Apar Industries Limited (APARINDS.NS) manufactures and sells conductors, cables, specialty oils, polymers, and lubricants for power transmission, telecommunications, and industrial applications. The company operates through three primary segments--Conductors, Cables (including power cables and wires, elastomeric and E-beam cables, house wires and flexibles, cables for the USA market, and cable harnesses), and Oil (encompassing transformer oils, white oils or liquid paraffin, petroleum jelly, and process oils)--with additional offerings in lubricants and specialty polymers; it ranks as the world's largest aluminum and alloy conductor manufacturer, the third-largest global producer of transformer oils, and among the largest manufacturers of specialized cables in India. Apar Industries maintains manufacturing facilities in Maharashtra, Gujarat, Odisha, and Dadra & Nagar Haveli, with exports to markets including the United States, Europe, the Middle East, East Africa, Kenya, and emerging regions in Latin America, Central Asia, and Eastern Europe; it serves utilities, power grids, railways, defense, electric vehicle sectors, and transformer OEMs. Founded in 1958 and headquartered in Mumbai, India, the company has pursued significant expansions, including a Rs 185 crore capital expenditure plan in February 2024 to enhance conductor and transformer oil capacity at its Umbergaon and Khatalwada plants, alongside commissioning a new specialty elastomeric cables facility in Nagpur for railways and defense; it secured a Rs 240 crore conductor export order from a Kenyan utility, repeat domestic orders from Power Grid and NTPC, and a supply agreement with a European transformer OEM. Recent strategic initiatives encompass Rs 250 crore capex over FY25-FY26 funded via internal accruals and debt for conductor and specialty oil facilities, investments in solar energy at its Silvassa unit, digital supply chain enhancements with ERP and AI forecasting, R&D collaborations with IIT Bombay on green insulation materials, and a commitment to reduce Scope 1 and Scope 2 emissions by 20% by FY30 while preparing its first ESG report in FY25.