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    Electronic technology

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    Electronic equipment/Instruments
APAR Industries Limited

APAR Industries Limited

14,713.00
INR
-409.00
(-2.70%)
296.35EPS
52.86P/E
630.53BMarket Cap
Oct 29Next Earn
APAR Industries Limited
NSE:APARINDS
(National Stock Exchange of India)

Recent

price

14,713.00

P/E

ratio

52.86

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
937.9
943.48
1,207.97
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
Revenue per Share
29.48
19.17
28.43
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
Basic EPS, GAAP
6.7
-5.14
90.16
-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
- -
Free Cash Flow per Basic Share
7.5
3.3
3.98
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
- -
Dividend per Share
108.68
145.48
162.89
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
- -
Book Value per Share
108.27
144.95
156.74
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
- -
Tangible Book Value per Share
32
38
39
39
39
37
38
38
38
38
38
38
38
39
40
40
40
Basic Weighted Avg Shares
30,332
35,946
46,507
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
Sales/Revenue/Turnover
6.54
5.81
6.19
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
Operating Margin (%)
205
218
240
270
312
378
450
559
667
871
935
978
1,043
1,157
1,322
1,611
1,670
Depreciation Expense
953
730
1,095
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
Net Income, GAAP
37.57
3.45
26.73
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
Effective Tax Rate (%)
3.14
2.03
2.35
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
Profit Margin (%)
1,899
3,638
3,296
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
- -
Working Capital
147
347
329
701
944
835
906
1,619
1,303
2,365
2,467
2,563
2,151
3,946
3,987
5,369
- -
LT Debt
3,519
5,245
6,284
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
- -
Total Equity
17.72
16.06
13.51
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 Invested Capital (%)
14.74
10.22
10.51
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 Capital (%)
30.03
16.7
19.04
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
- -
Return on Common Equity (%)

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
336,108
396,903
630,535

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
- -
- -
- -
- -
- -
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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.