APARINDS

Apar Industries Ltd.

NSE: APARINDS

BSE: 532259

Sector: Capital Goods

Industry Group: Electrical Equipment

Industry: Other Electrical Equipment

14,708.00-393.0 (-2.60%)

3 Jul, 10:59 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

59.7 / 100

Value Score

18.9 / 100

Price Momentum Score

94.2 / 100

QVM Score

62.5 / 100

Key Metrics

Market Cap

60666.80

P/E (TTM)

62.10

P/B

11.25

P/S (TTM)

2.65

EV/EBITDA

32.39

CAPE (5Y)

84.54

ROE (TTM)

19.74

ROCE (TTM)

29.99

ROA (TTM)

7.82

Avg 3Y ROE

22.11

Earnings 3Y CAGR

13.37

Sales 3Y CAGR

16.86

Sales 5Y CAGR

29.09

Debt/Equity

0.18

Consensus TP

13880.00

Strong Buy %

42.86

Promoter Holding

57.77

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Apar Industries Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 94.2 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

94.2 / 100

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 5.93% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

High and stable ROE

The company reported strong ROE of 19.74% for 12-month ended 31 Mar 2026 and ROE improved marginally by 14 bps from 1 year ago

What is ROE (FY)?

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 23.25% for 12-month ended 31 Mar 2026 and the growth was 2.97 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 20.28

Value 23.25

-63.33608.25

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.18 as on 31 Mar 2026 and Debt to Equity increased marginally by 0.05 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 62.1 indicates that the stock is expensive on a standalone basis and is at a 120.21% premium to industry median P/E

What is P/E Ratio?

Median: 28.2

Value 62.1

-29.6386.03

Low but stable operating margin

The company reported low operating margin of 7.49% for 12-month ended 31 Mar 2026 and operating margin declined marginally by -12 bps from 1 year ago

What is Operating profit margin?

Low dividend yield

The company has a low dividend yield of 0.34%

What is Dividend yield?

Neutral

Moderate EPS growth and in line with median growth of industry

The company delivered moderate EPS growth of 18.75% for 12-month ended 31 Mar 2026 and the growth was 0.0 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Company's earnings are of moderate quality

Earnings quality score of 53.1 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

53.1 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Apar Industries Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Apar Industries Ltd. Shareholding Pattern

Quarterly breakdown of Apar Industries Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Total Promoter	59.69	59.69	59.80	59.80	60.46	60.46	60.46	60.46	60.57	60.64	60.64	60.64	60.64	60.64	60.64	57.77	57.77	57.77	57.77	57.77	57.77	57.77	57.77	57.77	57.77
Indian Promoter	59.69	59.69	59.80	59.80	60.46	60.46	60.46	60.46	60.57	60.64	60.64	60.64	60.64	60.64	60.64	57.77	57.77	57.77	57.77	57.77	57.77	57.77	57.77	57.77	57.77
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	29.45	29.44	27.00	26.77	23.90	23.67	23.06	23.67	24.03	23.81	23.07	24.26	24.62	25.44	26.14	29.59	30.45	31.24	31.37	31.46	30.49	30.86	31.89	32.56	33.52
Mutual Funds / UTI	22.02	21.97	20.16	19.58	18.35	18.27	16.64	16.58	16.83	16.51	16.07	16.83	17.26	17.41	16.49	17.24	17.11	17.66	18.44	19.18	18.15	19.52	20.39	21.55	22.25
FI/Bank/Insurance	0.31	0.31	0.26	0.26	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.19	0.18	0.32	0.32	0.34	0.54	0.26	0.13	0.12	0.41
Govt	0.22	0.22	0.22	0.23	0.23	0.23	0.23	0.26	0.26	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	5.81	5.85	5.22	5.57	4.18	4.08	5.07	5.55	5.52	5.94	6.30	6.73	6.66	7.47	9.09	10.98	11.55	11.51	10.97	10.22	9.87	9.06	9.24	9.35	9.38
Other Institutions	1.09	1.09	1.14	1.14	1.14	1.10	1.13	1.27	1.42	1.36	0.69	0.70	0.69	0.55	0.56	1.19	1.61	1.75	1.65	1.72	1.94	2.01	2.12	1.53	1.49
Non-Institution	10.86	10.88	13.20	13.42	15.63	15.86	16.47	15.87	15.41	15.56	16.31	15.10	14.75	13.92	13.22	12.64	11.78	11.00	10.86	10.78	11.74	11.37	10.35	9.67	8.71
Bodies Corporate	1.38	1.20	1.21	1.56	1.90	1.90	1.97	1.90	1.82	1.56	1.37	1.22	1.24	1.13	1.18	1.09	0.94	0.73	0.71	0.68	0.93	0.77	0.60	0.62	0.63
Others (incl. Retail) No. of shareholders	9.48 22,841	9.68 23,791	11.99 25,885	11.86 24,446	13.73 27,804	13.96 29,816	14.50 33,384	13.97 32,884	13.59 34,133	14.00 39,363	14.94 53,795	13.88 57,742	13.51 62,178	12.79 71,088	12.04 91,731	11.55 93,567	10.84 90,092	10.27 90,499	10.15 99,711	10.10 1,01,264	10.81 1,13,371	10.60 1,11,161	9.75 1,05,250	9.05 96,771	8.08 88,002

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Alpha 50	2.71%	9 / 50
2	Nifty Midcap 150	0.55%	74 / 149
3	NIFTY Large Midcap 250	0.29%	116 / 250
4	Nifty 500	0.11%	175 / 499
5	Nifty Total Market	0.11%	175 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Apar Industries Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
RISHABH K DESAI Promoter & Director	June-2024	Inter-se Transfer (Acquisition) 26th Jun 2024	0.11 %	₹ 0.00	23.38 k	₹ 0.00
NOOPUR K DESAI Promoter	June-2024	Inter-se Transfer (Acquisition) 26th Jun 2024	0.00 %	₹ 0.00	2.86 k	₹ 0.00
NITIKA C DESAI Promoter	June-2024	Inter-se Transfer (Acquisition) 26th Jun 2024	0.00 %	₹ 0.00	65.78 k	₹ 0.00
KUSHAL N. DESAI Promoter & Director	June-2024	Inter-se Transfer (Disposal) 26th Jun 2024	22.92 %	₹ 0.00	88.82 k	₹ 0.00
JINISHA C DESAI Promoter	June-2024	Inter-se Transfer (Acquisition) 26th Jun 2024	0.00 %	₹ 0.00	4.50 k	₹ 0.00
GAURANGI K DESAI Promoter	June-2024	Inter-se Transfer (Acquisition) 26th Jun 2024	0.01 %	₹ 0.00	62.58 k	₹ 0.00
CHAITANYA N. DESAI Promoter & Director	June-2024	Inter-se Transfer (Disposal) 26th Jun 2024	22.72 %	₹ 0.00	4.50 k	₹ 0.00
DEVHARSH C DESAI Promoter	June-2024	Inter-se Transfer (Disposal) 26th Jun 2024	0.33 %	₹ 0.00	65.78 k	₹ 0.00
Vivek Chandrakant Diwadkar Designated Person	December-2023	Market Sale (Disposal) 15th Dec 2023	0.00 %	₹ 5,272.35	1.94 k	₹ 1.02 cr
Gupta Tummalapalli Designated Person	September-2023	Market Sale (Disposal) 2nd Sep 2023	0.00 %	₹ 4,953.98	1.00 k	₹ 49.54 lac

Corporate Actions

History of Apar Industries Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 51/share
Record date: 29th Jul 2025Ex-date: 29th Jul 2025
Announced on: 14th May 2025
Dividend₹ 51/share
Record date: 20th Aug 2024Ex-date: 20th Aug 2024
Announced on: 14th May 2024
Dividend₹ 40/share
Record date: 4th Aug 2023Ex-date: 4th Aug 2023
Announced on: 8th May 2023
Dividend₹ 15/share
Record date: 5th Aug 2022Ex-date: 4th Aug 2022
Announced on: 27th May 2022
Dividend₹ 9.50/share
Record date: 6th Aug 2021Ex-date: 5th Aug 2021
Announced on: 31st May 2021

Company Profile

Overview of Apar Industries Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Apar Industries Limited (Apar) is an India-based manufacturer and supplier of conductors, a variety of cables, specialty oils, polymers, and lubricants. The Company’s segments include Conductor; Transformer & Specialties Oils; Power/Telecom Cables, and others. It provides diverse fields of electrica...

Key personnel

Mr. Ramesh Seshan Lyer

Chief Financial Officer

Shri. Sanjaya R. Kunder

Compliance Officer, Company Secretary

Mr. Kushal Narendra DesaiD

Executive Chairman of the Board, Chief Executive Officer, Managing Director

Shri. Chaitanya Narendra DesaiD

Managing Director, Executive Director

Mr. Rishabh Kushal DesaiD

Whole Time Director

Mrs. Nirupa Kiran BhattD

Non-Executive Independent Director

Mr. Kaushal Jaysingh SampatD

Non-Executive Independent Director

Mr. Rajesh Narayan SehgalD

Non-Executive Independent Director

View all

Incorporated on

28 Sep 1989

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

12 Jul 2004

Free Float

1,68,53,586

Website

https://apar.com/

Phone no.

+912225263400

Address

APAR house, Bldg no. 4 & 5, Corporate Park, V.N. Purav marg, Chembur, MUMBAI, 400071, India

Frequently Asked Questions

What is the current share price of Apar Industries Ltd.?

The current share price of Apar Industries Ltd. is ₹ 14,708.00 as of 3 Jul 2026.

What is the market capitalisation of Apar Industries Ltd.?

The market capitalisation of Apar Industries Ltd. stands at ₹ 60,666.80 Cr.

What is the PE ratio of Apar Industries Ltd.?

The Price-to-Earnings (PE) ratio of Apar Industries Ltd. is 62.10 as of the latest trailing twelve months data.

What is the ROE and ROCE of Apar Industries Ltd.?

Apar Industries Ltd. has a Return on Equity (ROE) of 19.74% and a Return on Capital Employed (ROCE) of 29.99% as per the latest financial reports.

What is the 52-week high and low of Apar Industries Ltd.?

The 52-week high of Apar Industries Ltd. is - and the 52-week low is -.

What is the dividend yield of Apar Industries Ltd.?

The dividend yield of Apar Industries Ltd. is 0.34% based on the current market price.

What is the FII and DII holding in Apar Industries Ltd.?

Foreign Institutional Investors (FII) hold 9.38%, Domestic Institutional Investors (DII) hold 22.66% and retail/public investors hold 8.08% of Apar Industries Ltd. shares.

What sector does Apar Industries Ltd. belong to?

Apar Industries Ltd. operates in the Capital Goods sector. 57.14% of analysts have a Buy or Strong Buy rating on Apar Industries Ltd. with a consensus target price of ₹ 13,880.00, implying 8.09% downside from current levels.

What is the beta of Apar Industries Ltd.?

The beta of Apar Industries Ltd. is 1.35, indicating its price volatility relative to the broader market. Over the past 1 year, Apar Industries Ltd. has delivered an absolute return of 91.71%.

What is the RSI of Apar Industries Ltd.?

The 14-day Relative Strength Index (RSI) of Apar Industries Ltd. is 52.78, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Apar Industries Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Apar Industries Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Holdings and Presence

Stock Analysis

Company Profile

Corporate Actions