Apar Industries Ltd (APARINDS)
₹15,678.00
Mkt cap
₹65,652 Cr
P/E ratio
46.90
P/B
7.70
Div yield
0.38%
ROE
20.30%
ROCE
31.80%
EPS (TTM)
₹334.29
Book value
₹2,035
52W range
6,801–19,265
Sector
Industrials
Price history
Previous close
Apar, founded by Mr. Dharmsinh D. Desai in 1958, is a market leader in India with a global presence. Contributing to India’s process of electrification it started from manufacturing power transmission cables to having three broad business segments, which are Conductors, Transformer and specialty oils (TSO), and Power/telecom Cables. [1] [2]
NSE APARINDSBSE 532259
Health check
Mixed
ValuationExpensive
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−18.62% from high₹15,678
₹6,801+130.52% from low₹19,265
Current
₹15,678.00
Prev close
₹15,846.00
Day
−1.06%
Price performance
1D
−0.95%
1W
+9.16%
1M
−11.84%
3M
+14.19%
6M
+26.71%
1Y
+81.61%
YTD
+89.70%
Financials
Revenue, profit & margin
P/E ratio
46.9×
APARINDS is 94% above the sector median of 24.2×
APARINDS46.9×
Sector median24.2×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,925 | 4,009 | 4,455 | 4,011 | 4,645 | 4,716 | 5,210 | 5,104 | 5,715 | 5,480 | 6,603 | 6,591 | 6,931 | |
| Expenses | 3,576 | 3,604 | 4,028 | 3,634 | 4,288 | 4,360 | 4,755 | 4,652 | 5,250 | 5,028 | 6,107 | 5,833 | 6,210 | |
| Operating Profit | 349 | 405 | 427 | 377 | 357 | 356 | 455 | 452 | 465 | 452 | 496 | 758 | 721 | |
| OPM % | 9% | 10% | 10% | 9% | 8% | 8% | 9% | 9% | 8% | 8% | 8% | 11% | 10% | |
| Other Income | 19 | 21 | 27 | 15 | 33 | 34 | 20 | 25 | 23 | -17 | 12 | 34 | 61 | |
| Interest | 103 | 113 | 101 | 90 | 101 | 118 | 100 | 86 | 108 | 106 | 137 | 123 | 138 | |
| Depreciation | 28 | 29 | 31 | 31 | 32 | 33 | 36 | 38 | 40 | 41 | 42 | 46 | 47 | |
| Profit before tax | 237 | 284 | 322 | 270 | 257 | 238 | 340 | 353 | 341 | 288 | 329 | 623 | 597 | |
| Tax % | 27% | 23% | 27% | 25% | 24% | 27% | 26% | 25% | 26% | 27% | 23% | 25% | 25% | |
| Net Profit | 174 | 218 | 236 | 203 | 194 | 175 | 250 | 263 | 252 | 209 | 253 | 467 | 447 | |
| EPS in Rs | 45.44 | 54.16 | 58.81 | 50.42 | 48.27 | 43.55 | 62.24 | 65.45 | 62.66 | 52.01 | 63.09 | 116.36 | 106.83 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.07% · closed higher next day 31 of last 57
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 31 Jan '24 | 15 May '24 | 31 Jul '24 | 30 Oct '24 | 28 Jan '25 | 14 May '25◦ | 29 Jul '25 | 29 Oct '25 | 29 Jan '26 | 28 May '26◦ | 24 Jul '26 | 29 Oct '26 |
| Earnings day | +4.16% | −2.29% | +1.31% | −1.28% | +1.51% | +14.63% | +11.73% | +3.89% | +3.83% | −2.29% | +3.47% | −0.95% |
| +1 day | +3.84% | −3.09% | −3.32% | +5.33% | +3.57% | +18.77% | +11.59% | +1.58% | +7.86% | −4.66% | +4.68% | — |
| +5 days | +6.15% | −5.41% | −9.05% | −2.02% | −0.56% | +10.36% | +3.28% | −7.72% | +28.65% | +3.37% | +6.89% | — |
| +15 days | +1.40% | −8.42% | −6.49% | +0.09% | −14.12% | +16.21% | −3.59% | +1.36% | +35.78% | +21.26% | +24.35% | — |
| +30 days | −5.63% | +2.07% | +10.81% | +3.56% | −22.88% | +25.18% | −2.23% | −1.32% | +21.28% | +3.14% | +29.78% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202655.42%Promoter
Promoters55.42%2.34
FIIs12.55%1.79
DIIs23.83%0.81
Public8.22%0.25
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Waaree Energies | ₹2,304.00 | 16.99 | 66,275 | 0.17% | 754 | −14.70% | 7,518 | +23.94% | 38.45% |
| Apar Inds. | ₹15,678.00 | 46.86 | 65,652 | 0.38% | 447 | +77.72% | 6,931 | +21.27% | 31.81% |
| Premier Energies | ₹876.00 | 23.88 | 39,766 | 0.11% | 472 | +50.45% | 2,463 | +35.25% | 32.71% |
| MTAR Technologie | ₹6,838.00 | 109.40 | 21,033 | 0.00% | 60 | +1,307.76% | 407 | +200.00% | 15.15% |
| Diamond Power | ₹344.40 | 111.04 | 20,598 | 0.00% | 57 | +197.81% | 707 | +132.98% | 10.38% |
| Emmvee Photovol. | ₹229.00 | 11.18 | 15,855 | 0.44% | 382 | +60.62% | 1,576 | +39.38% | 44.62% |
| Avalon Tech | ₹2,050.30 | 102.64 | 13,713 | 0.00% | 35 | +145.39% | 484 | +49.83% | 19.29% |
| Median: 60 Co. | ₹271.48 | 24.23 | 780 | 0.00% | 11 | +44.03% | 194 | +35.72% | 21.57% |
Filings
Annual reports15
Concall transcripts119
PPTOct 2026RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptJun 2026PPTJun 2026RECJun 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Oct - Publication of QR Code and Extract of Un-audited Financial Results for the Second Quarter and Half-year ended September 30, 2026 (2026-27) in NewspapersAnnouncement under Regulation 30 (LODR)-Acquisition 30 Oct - PSPL will acquire 70% of Hebei Jinghuan Cable Co. Ltd. for RMB 24.85 million.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 29 Oct - Audio recording of Q2FY27 earnings call released on October 29, 2026.Announcement under Regulation 30 (LODR)-Monitoring Agency Report 29 Oct - CARE report finds no deviation in ₹2,500 crore QIP proceeds for quarter ended September 30, 2026.Corporate Presentation - October, 2026. 29 Oct - APAR issued October 2026 corporate presentation, highlighting FY26 record revenue and ₹1,500 crore FY27 capex plan.






