NSE APARINDS · BSE 532259 · Electronic Instr. & Controls · NIFTY 500
Apar Industries Share Price
Apar Industries Overview
Where the price stands, how it has moved and how it sits against its averages.
Apar Industries shares last traded at ₹17,882.00 on the NSE, down 0.36% on the day. That is 7.2% below the 52-week high of ₹19,269.20 and 163.0% above the 52-week low of ₹6,800.00. The stock trades at 53.36× earnings, above the sector average of 11.89. Its market value is ₹74,571 Cr.
Price returns
Against the market: 1 Month ▲ +8.47% · 3 Months ▲ +10.37% · 6 Months ▲ +79.57% · This year ▲ +143.31% · 1 Year ▲ +126.07%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 5 of 6
- 5-day average₹18,342.60 ▼ price 2.5% below
- Today's price₹17,882.00
- 10-day average₹17,762.80 ▲ price 0.7% above
- 20-day average₹17,639.85 ▲ price 1.4% above
- 50-day average₹16,290.24 ▲ price 9.8% above
- 100-day average₹15,120.52 ▲ price 18.3% above
- 300-day average₹12,246.76 ▲ price 46.0% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
Apar Industries Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹22,902 Cr | ▲ +23.3% | ₹977 Cr | 4.3% | ₹242.81 | ₹60.00 |
| FY 2025 | ₹18,581 Cr | ▲ +15.0% | ₹821 Cr | 4.4% | ₹204.46 | ₹51.00 |
| FY 2024 | ₹16,153 Cr | ▲ +12.5% | ₹825 Cr | 5.1% | ₹212.10 | ₹51.00 |
| FY 2023 | ₹14,352 Cr | ▲ +54.0% | ₹638 Cr | 4.4% | ₹166.64 | ₹40.00 |
| FY 2022 | ₹9,320 Cr | ▲ +45.9% | ₹257 Cr | 2.8% | ₹67.09 | ₹15.00 |
| FY 2021 | ₹6,388 Cr | ▼ −14.0% | ₹161 Cr | 2.5% | ₹41.94 | ₹9.50 |
| FY 2020 | ₹7,425 Cr | — | ₹135 Cr | 1.8% | ₹35.32 | ₹9.50 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹6,591 Cr | ▼ −0.2% | ₹467 Cr | 7.1% | ₹116.02 |
| Q4 FY26 | ₹6,603 Cr | ▲ +20.5% | ₹253 Cr | 3.8% | ₹62.96 |
| Q3 FY26 | ₹5,480 Cr | ▼ −4.1% | ₹209 Cr | 3.8% | ₹51.92 |
| Q2 FY26 | ₹5,715 Cr | ▲ +12.0% | ₹252 Cr | 4.4% | ₹62.55 |
| Q1 FY26 | ₹5,104 Cr | ▼ −2.0% | ₹263 Cr | 5.2% | ₹65.39 |
| Q4 FY25 | ₹5,210 Cr | ▲ +10.5% | ₹250 Cr | 4.8% | ₹62.22 |
| Q3 FY25 | ₹4,716 Cr | ▲ +1.5% | ₹175 Cr | 3.7% | ₹43.55 |
| Q2 FY25 | ₹4,645 Cr | — | ₹194 Cr | 4.2% | ₹48.27 |
Balance sheet — FY26
- Total assets₹13,711 Cr
- Total liabilities₹8,318 Cr
- Shareholders' equity₹5,393 Cr
- Total debt₹956 Cr
- Cash & investments₹732 Cr
- Current ratio1.45×
- Revenue growth, 5 yr29.09% a year
- EPS growth, 5 yr42.08% a year
- Operating margin (TTM)8.06%
- Net margin (TTM)4.84%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 7,425.45 | 6,388.02 | 9,319.99 | 14,352.15 | 16,152.98 | 18,581.21 | 22,902.12 |
| Cost of revenue | 6,084.84 | 5,166.06 | 7,651.61 | 11,278.43 | 12,790.86 | 15,042.85 | 18,428.77 |
| Gross profit | 1,340.61 | 1,221.96 | 1,668.38 | 3,073.72 | 3,362.12 | 3,538.36 | 4,473.35 |
| Operating expenses | 7,018.85 | 6,057.96 | 8,865.54 | 13,194.50 | 14,726.52 | 17,130.97 | 21,186.69 |
| Operating income | 406.60 | 330.06 | 454.45 | 1,157.65 | 1,426.46 | 1,450.24 | 1,715.43 |
| Depreciation | 87.12 | 93.44 | 97.84 | 104.34 | 115.71 | 132.15 | 161.14 |
| Profit before tax | 169.41 | 208.27 | 341.88 | 854.56 | 1,105.84 | 1,105.64 | 1,310.00 |
| Tax | 34.26 | 47.77 | 85.26 | 216.84 | 280.74 | 284.34 | 333.07 |
| Net profit | 135.15 | 160.50 | 256.74 | 637.70 | 825.10 | 821.30 | 976.93 |
| EPS (₹) | 35.32 | 41.94 | 67.09 | 166.64 | 212.10 | 204.46 | 242.81 |
| Dividend per share (₹) | 9.50 | 9.50 | 15.00 | 40.00 | 51.00 | 51.00 | 60.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 4,644.12 | 4,998.98 | 6,607.52 | 8,217.65 | 9,615.76 | 11,263.55 | 13,711.29 |
| Current assets | 3,667.23 | 4,042.57 | 5,557.85 | 7,007.56 | 8,169.97 | 9,312.53 | 11,196.76 |
| Cash & short-term investments | 240.72 | 267.91 | 283.34 | 627.81 | 621.03 | 900.53 | 732.23 |
| Inventory | 1,331.43 | 1,562.71 | 2,138.66 | 2,575.64 | 3,102.56 | 3,746.20 | 4,461.63 |
| Property, plant & equipment | 936.90 | 904.81 | 918.09 | 1,048.44 | 1,312.47 | 1,666.27 | 2,252.23 |
| Total liabilities | 3,487.37 | 3,599.46 | 4,892.29 | 5,981.26 | 5,739.32 | 6,760.01 | 8,317.91 |
| Current liabilities | 3,231.33 | 3,320.62 | 4,568.20 | 5,721.96 | 5,316.19 | 6,333.93 | 7,730.38 |
| Total debt | 371.54 | 324.81 | 320.13 | 376.23 | 475.61 | 584.70 | 955.51 |
| Total equity | 1,156.75 | 1,399.52 | 1,715.23 | 2,236.39 | 3,876.44 | 4,503.54 | 5,393.38 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 94.17 | 281.37 | 243.75 | 698.34 | −283.29 | 1,290.56 | 967.58 |
| From investing | 45.22 | −114.70 | −90.61 | −268.94 | −268.14 | −704.79 | −558.08 |
| From financing | −188.83 | −123.16 | −106.35 | −184.06 | 635.16 | −482.91 | −433.91 |
| Capital expenditure | −145.26 | −55.81 | −130.47 | −247.83 | −330.67 | −509.69 | −736.66 |
| Dividends paid | −87.47 | −0.12 | −36.36 | −57.36 | −153.00 | −204.61 | −204.72 |
| Net change in cash | −49.32 | 43.10 | 46.14 | 245.65 | 85.19 | 102.41 | −18.48 |
What Analysts Say
Recommendations from 8 analysts who cover Apar Industries.
▲ 5 bullish (62.5%) · 3 hold (37.5%) · ▼ 0 bearish (0.0%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | — |
| Buy | 1 | 1 | 1 | 1 | 2 | ▲ +1 |
| Hold | 3 | 4 | 4 | 4 | 3 | — |
| Sell | 0 | 0 | 0 | 0 | 0 | — |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | — |
Analyst ratings are opinions, not a guarantee of returns.
Apar Industries vs Peers
Side by side with other electronic instr. & controls companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| Apar Industries | ₹17,882.00 | ▼ −0.36% | ₹74,571 Cr | 53.36 | 13.31 | 22.37% | 4.84% | 0.34% | This stock |
| ABB India | ₹7,115.00 | ▲ +0.13% | ₹1,50,569 Cr | 95.20 | 20.30 | 22.90% | 11.62% | 0.52% | Neutral |
| Hitachi Energy India | ₹30,804.05 | ▼ −1.11% | ₹1,30,553 Cr | 139.01 | 27.62 | — | 12.12% | 0.02% | Moderately Bearish |
| CG Power and Industrial Solutions | ₹886.00 | ▼ −1.12% | ₹1,39,585 Cr | 114.78 | 17.88 | 32.91% | 9.64% | 0.18% | Moderately Bearish |
| Polycab India | ₹8,410.00 | 0.00% | ₹1,26,732 Cr | 49.98 | 11.11 | 22.25% | 9.32% | 0.53% | Neutral |
| Siemens | ₹3,852.65 | ▼ −0.71% | ₹1,37,201 Cr | — | 9.41 | — | 8.53% | 0.33% | Neutral |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
Apar Industries Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 13.33× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 112 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.34%
- Payout ratio24.67%
- 5-year average dividend₹43.40 a share
- Latest dividend₹60.00 per share · 11 Sep 2026
Corporate calendar
- MeetingAnnual General Meeting
- Dividend₹60.00 per share · 600% · Final dividend
- MeetingExtraordinary General Meeting
- BoardQuarterly Results
- BoardTo consider Fund Raising
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- BoardQuarterly Results
Show 12 older events
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹51.00 per share · 510% · Final dividend
- BoardQuarterly Results
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- MeetingPostal Ballot
- BoardQuarterly Results
- Dividend₹51.00 per share · 510% · Final dividend
- Dividend₹40.00 per share · 400% · Final dividend
- Dividend₹15.00 per share · 150% · Final dividend
- Dividend₹9.50 per share · 95% · Final dividend
About Apar Industries
Electronic Instr. & Controls
Apar Industries Limited (Apar) is an India-based manufacturer and supplier of conductors, a variety of cables, specialty oils, polymers, and lubricants. The Company’s segments include Conductor; Transformer & Specialties Oils; Power/Telecom Cables, and others. It provides diverse fields of electrical and metallurgical engineering offering value-added products and services in Power Transmission Conductors, Petroleum Specialty Oils, Power & Telecom Cables, and House wires. The Company's specialty oil business has a range of products, which falls under approximately four categories, such as transformer oils, white oils (liquid paraffins), petroleum jelly, and process oils. Its lubricants serve diverse equipment, including rotating machinery, metalworking and quenching applications. It also provides CTC/PICC conductors, railway overhead conductors, T&D overhead conductors, optical ground wires, aluminum and alloy rods, specialty wires, turnkey solutions, among others.
Key people
- Kushal Narendra DesaiExecutive Chairman of the Board, Chief Executive Officer, Managing Director
- Ramesh Seshan LyerChief Financial Officer
- Sanjaya R. KunderCompliance Officer, Company Secretary
- Chaitanya Narendra DesaiManaging Director, Executive Director
- Rishabh Kushal DesaiWhole Time Director
Company facts
- NSE symbolAPARINDS
- BSE code532259
- ISININE372A01015
- IndustryElectronic Instr. & Controls
- IndexNIFTY 500
- Market cap₹74,571 Cr
- Revenue (FY26)₹22,902 Cr
- Net profit (FY26)₹977 Cr
In the News
Recent headlines about Apar Industries — they open on Mint in a new tab.
- ₹60 per share dividend alert! Check last date to buy - Record date soon; check payment timeline | Do you own?
Ahead of the ₹60 dividend record date, Apar Industries shares traded lower at ₹17,451.00, but have shown impressive growth with 109.5% YTD returns.
9 Sep 2026 · 2 min read · Mint ↗ - Stock recommendations for 4 September from MarketSmith India
MarketSmith India reveals its top stock recommendations for today, 4 September. Get expert insights into the best-performing stocks to guide your investment decisions.
4 Sep 2026 · 11 min read · Mint ↗ - Lumino Industries IPO: Price band set at ₹78- ₹82 per share; check key dates, issue details
Lumino Industries Limited sets IPO price band at ₹78-82 per share, with subscription from 27-31 August. Allocation to anchor investors on 25 August. 50% shares reserved for QIBs, 15% for NIIs, and 35% for retail investors. Listing expected on 3 September.
21 Aug 2026 · 2 min read · Mint ↗ - Top Gainers & Losers on 13 August: Apar Industries, Hindalco, Ather Energy, Force Motors, CUB among top losers
Indian stocks slid further, driven down by weak financial participation and high crude oil prices. The Nifty decreased by 0.34% and Sensex by 0.13%, with key sectors like metals and cement seeing significant losses amid ongoing geopolitical tensions.
13 Aug 2026 · 2 min read · Mint ↗ - Laser Power IPO Day 3: Issue booked 3.68x so far. GMP hints 16% listing gain. Should you apply or skip?
The Laser Power IPO opened on 9 July and will close on 13 July, with shares priced between ₹205–214. The company aims to raise ₹742 crore, allocating 50% for QIBs, and 15% for NIIs. Listing is expected on 16 July.
13 Jul 2026 · 4 min read · Mint ↗ - Why did CG Power, Hitachi Energy, Apar Industries and other capital goods stocks crash up to 10% today? Explained
Capital goods firms, including GE Vernova T&D India and Siemens Energy India, faced sharp declines after India's Centre allowed four Chinese manufacturers to join government tenders for power projects, impacting investor sentiment as tensions with China eased and infrastructure demands grew.
3 Jul 2026 · 2 min read · Mint ↗ - Top Gainers & Losers on June 23: Vedanta, Hindustan Zinc, Infosys, TCS, Bank of Baroda among top losers
The Indian stock market fell sharply on June 23, influenced by global market weakness and a retreat in technology stocks. The Nifty 50 declined 1.16%, marking its biggest drop in nearly four weeks, with all sectoral indices closing lower amid profit-booking and a stronger US dollar.
23 Jun 2026 · 3 min read · Mint ↗ - Top Gainers & Losers on June 15: Aarti Industries, Gabriel India, Apar Industries, HFCL, HPCL among top gainers
Dalal Street continued its upward trend with benchmark indices rising over 1% on June 15, bolstered by declining crude oil prices after US-Iran conflict resolution and a stronger Indian rupee. The Nifty 50 and Sensex both recorded gains, while broader markets saw even higher advances.
15 Jun 2026 · 2 min read · Mint ↗
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