NSE: APARINDS | BSE: 532259

Strong Performer, Getting Expensive

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8706.00 30.00 (0.35%)

26.09% Fall from 52W High

17,137 NSE+BSE Volume

NSE 24 Sep, 2025 12:16 PM (IST)

34,970.5

Market Cap

High in industry

0.9

Beta 1Year

Low volatility

Apar Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for APARINDS, BSE:532259 Apar Industries Ltd.

Apar Industries Ltd.

05 Feb 2018

8706.00

0.35%

Apar Industries Ltd: Conductor's Performance Holds the Growt... (Feb 05, 2018)

Buy: Apar Industries Ltd.

Target

Karvy

Apar's revenue came in line with expectations but margins were impacted due to poor performance from conductors segment. The conductor's margin impacted due to aggressive bidding in domestic market, lower base of High Efficiency Conductors orders and substantial rise in raw material prices.

Apar Industries Ltd. has gained 46.86% in the last 6 Months

Apar Industries Ltd.

01 Jan 2018

8706.00

0.35%

Initiating Coverage - Apar Industries Ltd.

Buy: Apar Industries Ltd.

Choice India

Market leader in conductors, transformer oil. Would be the key beneficiary from the growth in the power T&D; space. Governments focus on the high capacity transmission line would be positive...

Apar Industries Ltd. has gained 46.86% in the last 6 Months

Apar Industries Ltd.

06 Nov 2017

8706.00

0.35%

Apar Industries Ltd: Stiff Competition and GST Impact Lag th... (Nov 06, 2017)

Buy: Apar Industries Ltd.

Target

Karvy

Stiff Competition and GST Impact Lag the Performance; Outlook is Bright:Apars Q2FY18 revenue came in at Rs.12478mn down by 12.4% QoQ and 9.7%YoY on account of lower off-take due to GST impact in the conductors segment and slow execution due to monsoon.

Apar Industries Ltd. has an average target of 9540.00 from 1 broker.

Apar Industries Ltd.

11 Oct 2017

8706.00

0.35%

Apar Industries Ltd. Q1FY18 Earning Update

Buy: Apar Industries Ltd.

Choice India

Apar Industries Ltd. (API) is engaged in the business of manufacturing conductors, transformer/specialty oils and power and telecom cable. The company's product portfolio consist of specialty oils, aluminum and alloy conductors, electric and telecom cables, automotive lubricants and thermoplastic elastometers. Quarterly Snapshot (Consolidated):...

Apar Industries Ltd. is trading above all available SMAs

Apar Industries Ltd.

16 Aug 2017

8706.00

0.35%

Apar Industries Ltd: Stable Revenue Growth, Future Seems Pro... (Aug 16, 2017)

Buy: Apar Industries Ltd.

Target

Karvy

Stable Revenue Growth, Future Seems Promising: In Q1FY18, Apar reported a very strong YoY growth of 18.1% to reach turnover of Rs.14245mn. EBITDA margins have shown disappointment by declining 256bps YoY to reach 6.6%.

Apar Industries Ltd. has gained 46.86% in the last 6 Months

Apar Industries Ltd.

05 Jun 2017

8706.00

0.35%

Apar Industries Ltd: Strong Growth in Profitability (Jun 05, 2017)

Buy: Apar Industries Ltd.

Target

Karvy

Strong Growth in Profitability: Apar reported a very strong performance in Q4FY17 in respect to margins. EBITDA margins clocking 7.4% marking an improvement of 218bps to reach absolute EBITDA of Rs.1039mn in Q4FY17, representing a growth of 10.5% YoY. Revenues dropped YoY by 4.8% on account oflower revenue in conductors segment offset by robust growth in Cables business. The margins were supported by the change in product mix and increase in sale of premium products of the company.

Apar Industries Ltd. has an average target of 9540.00 from 1 broker.

Apar Industries Ltd.

17 Mar 2017

8706.00

0.35%

Management Visit Note on Apar Industries Ltd

Mgmt Note: Apar Industries Ltd.

IDBI Capital

Transmission capex is the order of the day: APR does not envisage further investments in conductor business. And this is despite working closer to peak capacity utilization. With Jharsuguda plant operational, located in eastern state of Odisha, the cumulative conductor manufacturing capacity is 180k MMTA. In this segment, APR has a fourth of market share. With this plant, company aims to tap the growing demand. And with Greenfield Athola plant, with capacity of 46kMMTA, company has increased moved up the ladder to manufacture High Temperature conductors....

Apar Industries Ltd. has gained 46.86% in the last 6 Months

Apar Industries Ltd.

04 Feb 2017

8706.00

0.35%

Apar Industries Ltd: Exports and Better Product Mix to Aid M... (Feb 04, 2017)

Buy: Apar Industries Ltd.

Target

Karvy

Standalone revenue for 9MFY17 was down by 4.8% to Rs.38223mn essentially due to lower revenues from conductor and specialty oil segments marginally offset by growth in cables segment. However, the profitability has grown significantly for 9MFY17, where EBITDA margin is at 8.3% which is 173 basis points higher than the same period previous year and the profit after-tax margin for YTD is 3.5%, which is about 156 basis points higher than in the previous year.

Apar Industries Ltd. has gained 46.86% in the last 6 Months

Apar Industries Ltd.

23 Nov 2016, 12:00AM

8706.00

0.35%

Apar Industries Ltd: Revenues Contract But Margins Sustained (Nov 23, 2016)

Buy: Apar Industries Ltd.

Karvy

Revenues Contract But Margins Sustained: The company has reported sales number of Rs. 13817mn showing a growth of15.8% QoQ and 1.7% YoY. Half yearly net sales were showing a decline of 5.6%. EBITDA grew by 12.5% YoY with margins growing by 70bps and 19.0% decline infinance cost boosted PAT by 82.2% to Rs.457mn.

Apar Industries Ltd. has gained 46.86% in the last 6 Months

Apar Industries Ltd.

22 Nov 2016

8706.00

0.35%

Apar Industries Ltd

Buy: Apar Industries Ltd.

GEPL Capital

Apar Industries is a Gujarat based, leading manufacturer of conductors, transformer oils & cables for domestic & overseas power T&D; sector. Over the years, company has evolved into a diversified $850mn conglomerate offering value added products & services in the area of power transmission conductors & petroleum specialty products. Company has export presence in about 80 countries which includes Middle East, Africa, Europe, USA etc....

Apar Industries Ltd. is trading above all available SMAs

Is Apar Industries Ltd. worth buying?

248 Votes:

Buy 78.23%

Sell 10.89%

Hold 10.89%

RESEARCH REPORTS

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