Apar Industries Ltd Stock Analysis

BSE: 532259 | NSE: APARINDS | Electric Equipment | Small Cap

BSE Share Price 30-Nov-2023 12:22
5494.95 35.35 (0.65%)

DeciZen - Make an Informed Decision on Apar Inds

Overall Rating

1. Quality

2. Valuation


3. Price Trend

Semi Strong

Apar Inds Price Chart

P/E Ratio (CD):
Market Cap:
20,893.1 Cr.
52-wk low:
52-wk high:
Bole Toh?

1. Is Apar Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Apar Industries Ltd is a good quality company.

2. Is Apar Industries Ltd undervalued or overvalued?

The key valuation ratios of Apar Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Apar Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Apar Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Apar Inds:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Apar Industries Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

ROCE % 15.8%12.5%19.7%20.4%17.9%19.7%22.3%16.9%19.9%39%-
Value Creation Index 0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4,6325,1225,0784,8325,8197,9647,4256,3889,31714,35215,609
YoY Gr. Rt. %-10.6%-0.9%-4.9%20.4%36.9%-6.8%-14%45.8%54.1%-
Adj EPS 22.812.831.144.73734.439.140.964.1168.5204.9
YoY Gr. Rt. %--44%143.5%43.7%-17.3%-7.1%13.8%4.7%56.6%163.1%-
BVPS (₹) 181189.6221.8270.7289.6314.2304.8365.7448.2584.4643.7
Adj Net Profit 87.849.3120171142131150157245645784
Cash Flow from Ops. -63229841231222563294.2281244698-
Debt/CF from Ops. -


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.4%19.8%24.6%54.1%
Adj EPS 24.9%35.4%62.8%163.1%
Share Price 46% 54.9% 150.1% 274.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on Equity % 13.36.915.
Op. Profit Mgn %
Net Profit Mgn % 1.912.
Debt to Equity
Working Cap Days 150157153166182162179210180152161
Cash Conv. Cycle 103116107511011412511110034

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 33.40%

Sales growth is growing at healthy rate in last 3 years 24.57%

Net Profit is growing at healthy rate in last 3 years 62.77%

Sales growth is good in last 4 quarters at 38.45%

No data to display

Latest Financials - Apar Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 201.7 204.9
TTM Sales (₹ Cr.) 14,467 15,609
BVPS (₹.) 599.2 643.7
Reserves (₹ Cr.) 2,255 2,425
P/BV 9.11 8.48
PE 27.07 26.65
From the Market
52 Week Low / High (₹) 1357.50 / 6013.00
All Time Low / High (₹) 2.40 / 6013.00
Market Cap (₹ Cr.) 20,893
Equity (₹ Cr.) 38.3
Face Value (₹) 10
Industry PE 62.8

Management X-Ray of Apar Inds :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Apar Inds

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)


Apar Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Apar Inds on 30-Nov-2023 12:22 is : 5,495.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Nov-2023 12:22 the market cap of Apar Inds stood at ₹ 20,893.1.
The latest PE ratio of Apar Inds as of 30-Nov-2023 12:22 is 27.07.
The latest PB ratio of Apar Inds as of 30-Nov-2023 12:22 is 9.11
The 52-week high of Apar Inds is ₹ 6,013 and the 52-week low is ₹ 1,357.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Apar Inds is ₹ 14,467 ( Cr.) .

About Apar Industries Ltd

Apar Industries, incorporated in 1989, is one among the best established companies in India operating in the diverse fields of electrical, metallurgical and chemical engineering.

Company manufactures full range of powerline brand such as EC grade aluminium wire rods, aluminium alloy wire rods AAC (all aluminium conductors), ACSR (aluminium conductor steel reinforced), ACSR/AW (aluminium conductor aluminium clad steel reinforced), AACSR (aluminium alloy conductor steel reinforced), AACSR/AW (aluminium alloy conductor Clad steel reinforced), AAAC (all aluminium alloy conductors), High Temperature Low Sag (HTLS) TACSR Conductors, high conductivity alloy conductors, ACAR (aluminium conductor alloy reinforced), stay wire / galvanized steel earth wire (GSW) and mechanical grade alloy wire bundles.

Apar caters to a wide range of industries such as power, rubber, tyre, ink, cosmetics, food, pharmaceutical, health care, steel, aluminium, petrochemical, plastic, paper, sugar, cement, automotive etc. Further, it has product presence across Asia, Middle East, Africa, Europe, Australia and Far East.

Aluminium Conductors- Apar is the second largest producer of aluminium conductors in India which commands 23% of market share. Its manufacturing facilities for aluminium conductor are located at Silvassa and Nalagarh.

Company has a production capacity of over 250 thousand tons per annum and operates two manufacturing facilities located in Mumbai.


  • Petroleum Specialities Pte (PSPL) of Singapore is in the business of trading in petroleum based products and general wholesale trade, including general importers and exporters.
  • Quantum Apar Speciality Oils Pty of Australia is responsible for marketing of speciality lubricants.
  • Poweroil Speciality Products FZE of U.A.E is a general trading company.
  • Uniflex Cables is India is publicly-listed entity engaged in the business of manufacture of PVC / Elastomeric cables.

Joint ventures-

  • Apar Chematek Lubricants - Apar Industries formed 50:50 joint venture with Chematek SpA, Italy for marketing of the ‘Agip’ brand of automotive lubricants of ENI SpA. Italy.

Products manufactured by the company:

Apar Industries manufactures products such as transformer oils, industrial oils and lubricants, liquid paraffins and white oils, rubber processing oils and ink oils.


Company has received various certifications such as ISO 9001:2008, ISO 14001:2004 and ISO / IEC 17025 : 2005 NABL.

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