|
10 Jul 2025 |
Apar Industries
|
Consensus Share Price Target
|
8808.00 |
8743.20 |
- |
-0.74 |
buy
|
|
|
|
|
15 May 2025
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
7825.00
|
7941.00
(10.92%)
|
Target met |
Accumulate
|
|
|
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
|
8808.00
|
8219.00
|
7282.00
(20.96%)
|
Target met |
Accumulate
|
|
|
|
|
31 Oct 2024
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
10353.00
|
10062.35
(-12.47%)
|
Target met |
Accumulate
|
|
|
|
|
29 Aug 2024
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
|
8947.10
(-1.55%)
|
|
|
|
|
|
|
26 Oct 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
5630.00
|
5165.40
(70.52%)
|
Target met |
Accumulate
|
|
|
|
|
29 Aug 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
5418.00
|
5030.40
(75.10%)
|
Target met |
Accumulate
|
|
|
|
|
01 Aug 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
4100.00
|
3711.95
(137.29%)
|
Target met |
Accumulate
|
|
|
|
|
14 Jun 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
3725.00
|
2941.10
(199.48%)
|
Target met |
Buy
|
|
|
|
|
09 May 2023
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
3832.00
|
2602.20
(238.48%)
|
Target met |
Buy
|
|
|
|
|
04 Nov 2022
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
1834.00
|
1418.75
(520.83%)
|
Target met |
Buy
|
|
|
|
|
30 Jul 2022
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
1194.00
|
1227.40
(617.61%)
|
Target met |
Accumulate
|
|
|
|
|
31 May 2022
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
855.00
|
723.35
(1117.67%)
|
Target met |
Buy
|
|
|
|
|
01 Jun 2021
|
Apar Industries
|
Prabhudas Lilladhar
|
8808.00
|
696.00
|
536.20
(1542.67%)
|
Target met |
Buy
|
|
|
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
|
8808.00
|
543.00
|
378.05
(2229.85%)
|
Target met |
Buy
|
|
|
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
|
8808.00
|
360.00
|
301.00
(2826.25%)
|
Target met |
Buy
|
|
|
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
|
8808.00
|
384.00
|
321.85
(2636.68%)
|
Target met |
Buy
|
|
|
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
|
8808.00
|
587.00
|
359.55
(2349.73%)
|
|
Buy
|
|
|
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
|
8808.00
|
602.00
|
447.60
(1867.83%)
|
|
Buy
|
|
|
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
|
8808.00
|
|
538.40
(1535.96%)
|
|
Accumulate
|
|
|
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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06 Jun 2019
|
Apar Industries
|
Karvy
|
8808.00
|
775.00
|
620.50
(1319.50%)
|
|
Buy
|
|
|
Strong Revenue Growth but Margins Decline: Apar revenues have shown a growth of 39.4% with strong growth across segments. The topline growth was driven by growth in cables segment (52%), Conductors (48.7%) and Oil (18%).
|