Name: Latest research reports of Apar Industries Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Apar Industries Ltd.
Rating: 5
Author: Prabhudas Lilladhar

Q4FY21 Result Update - Specialty oil segment drives growth - BUY

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Prabhudas Lilladhar

Conductor segment reported an EBITDA loss of Rs20mn, on account of legacy fixed price orders impacted owing to steep rise in raw material/freight cost. Apar Industries (APR) reported decent set of numbers led by strong recovery in transformer oil segment and lower interest cost. With economic activity witnessing a V-shape recovery, domestic revenues grew 12% YoY while export revenues de-grew 2.8% YoY. Lower interest expense led to boost in profitability. Conductors segment reported an EBITDA loss of Rs20mn owing...