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11 Sep 2025 |
Apar Industries
|
Consensus Share Price Target
|
8568.00 |
9931.80 |
- |
15.92 |
buy
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30 Jul 2025
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
9540.00
|
9669.50
(-11.39%)
|
Target met |
Hold
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Domestic/export revenue mix stood at 68%/32% (vs 63%/37% in Q1FY25). We revise our FY26/27E EPS estimates by +11.0%/+2.7%, factoring in strong domestic macro tailwinds and further recovery in the demand from the USA and downgrade our rating from Accumulate' to Hold' due to sharp run up in the stock price. Apar Industries (APR) reported 27.3% YoY revenue growth while EBITDA margin declined 53bps YoY to 8.9%. The strong topline...
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15 May 2025
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
7825.00
|
7941.00
(7.90%)
|
Target met |
Accumulate
|
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|
Apar announced a capex of Rs13.0bn, to be invested in Conductors (Rs2.0bn), Cables (Rs8.0bn), Specialty Oils (Rs2.0bn) in the next 12-15 months. We revise our FY26/27E EPS estimates by +1.4%/+0.3%, factoring in further recovery in the demand from the USA. Apar Industries (APR) reported 16.9% YoY revenue growth while EBITDA margin declined 78bps YoY to 8.8%. Domestic demand continued to show strength while recovery in the USA further pushed the top line. The company announced a Rs13bn capex to...
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29 Jan 2025
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
8219.00
|
7282.00
(17.66%)
|
Target met |
Accumulate
|
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31 Oct 2024
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
10353.00
|
10062.35
(-14.85%)
|
Target met |
Accumulate
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29 Aug 2024
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
|
8947.10
(-4.24%)
|
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26 Oct 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
5630.00
|
5165.40
(65.87%)
|
Target met |
Accumulate
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29 Aug 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
5418.00
|
5030.40
(70.32%)
|
Target met |
Accumulate
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|
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01 Aug 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
4100.00
|
3711.95
(130.82%)
|
Target met |
Accumulate
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|
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14 Jun 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
3725.00
|
2941.10
(191.32%)
|
Target met |
Buy
|
|
|
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09 May 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
3832.00
|
2602.20
(229.26%)
|
Target met |
Buy
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04 Nov 2022
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
1834.00
|
1418.75
(503.91%)
|
Target met |
Buy
|
|
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30 Jul 2022
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
1194.00
|
1227.40
(598.06%)
|
Target met |
Accumulate
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31 May 2022
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
855.00
|
723.35
(1084.49%)
|
Target met |
Buy
|
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01 Jun 2021
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
696.00
|
536.20
(1497.91%)
|
Target met |
Buy
|
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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...
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06 Feb 2021
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
543.00
|
378.05
(2166.37%)
|
Target met |
Buy
|
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in transformer oil segment. De-growth in consolidated revenue by 6.7% YoY impacted due to supply chain challenges amidst pandemic in the domestic market (down, 6% YoY) while exports market (up, 7% YoY) is gradually returning to normalcy. Lower RM cost and cost rationalisation measures led to boost in profitability. Conductors segment declined by 28% YoY owing to supply side constraint, subdued demand for conventional conductors and HEC. Specialty Oil revenue grew by 17.7% YoY driven by 30% growth in exports across all its product range. High competitive pricing and subdued...
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09 Aug 2020
|
Apar Industries
|
Yes Securities
|
8568.00
|
360.00
|
301.00
(2746.51%)
|
Target met |
Buy
|
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During the quarter, the Company received new orders worth ~Rs.3.2bn in Conductor segment. New order inflows were significantly lower yoy with delays in awarding new tender due to...
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28 Jun 2020
|
Apar Industries
|
Yes Securities
|
8568.00
|
384.00
|
321.85
(2562.11%)
|
Target met |
Buy
|
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FY20 with weakness across its segments. While the Conductor segmentreported37%declineinrevenues,OilandCablessegment reported degrowth of ~22% and ~12% respectively. Also, the companywasunabletocarryinspectionsbeforedispatchduringlast fewdaysofMar'20whichimpacteddeliveries/revenuebooking. Operating margin on consolidated basis improved 35bps yoy (to 5.8%)largelydrivenbythesharpimprovementinprofitabilityinthe Conductorsegment.IncreasingshareofhighmarginHighEfficiency...
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04 Mar 2020
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
587.00
|
359.55
(2282.98%)
|
|
Buy
|
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We recently met Mr. Kushal Desai, CMD-Apar Industries (APAR), to gain Change in Estimates | Target | Reco insights on company's growth strategy and industry outlook. We came out positive and believe that recent price correction (~46% in 6 months) factors...
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13 Nov 2019
|
Apar Industries
|
Karvy
|
8568.00
|
602.00
|
447.60
(1814.21%)
|
|
Buy
|
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Performance Impacted by Lower Domestic Demand: Apar s revenues had a flattish performance with a degrowth of 3.0 percent YoY due to extended monsoon in domestic market, credit tightness and slowdown in the relevant sectors.
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14 Aug 2019
|
Apar Industries
|
Prabhudas Lilladhar
|
8568.00
|
|
538.40
(1491.38%)
|
|
Accumulate
|
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Apar Industries (Apar) reported strong set of numbers for 1QFY20 with Change in Estimates | Target | Reco revenue/PAT up 33%/42% YoY to Rs20bn/Rs412 mn (PLe Rs17bn/Rs334 mn). The top-line growth was led by growth across segments that is...
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