Apar Industries Ltd
About
APAR Industries was originally called Power Cables Private Limited when it was founded by Dharamsinh D. Desai in 1958. What began as a power transmission conductor manufacturing enterprise has diversified into the production and supply of cables, polymers, oils, and lubricants in over 140 countries. The company has a production capacity of 400,000 kl of specialty oils in India and 120,000 kl in the UAE. Its range of oil includes white oils, transformer oils, process oils, and petroleum jelly. Additionally, it provides cables and telecom solutions, which include fibre optic cables, LAN cables, specialty cables, and hybrid cables. Its specialty automotive division supplies batteries, lubricants, and vehicle care services to its customers as well. APAR is currently headquartered in Mumbai with multiple regional international offices in countries like UAE, Singapore, and Canada.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 16381 11.4% | 14708 51.8% | 9690 52.3% | 6361 -16.4% | 7608 -6.1% | 8105 39.1% | 5827 18.6% | 4913 -2.4% | 5035 -3.4% | 5213 12.3% | 4644 -0.6% | 4673 26.1% | 3705 21.0% | 3062 33.0% | 2303 -14.5% | 2695 - |
| Net Operating Income (INR Cr) | 16153 12.67% | 14336 53.88% | 9317 45.84% | 6388 -13.97% | 7425 -6.76% | 7964 36.87% | 5819 20.42% | 4832 -4.85% | 5078 -0.85% | 5122 10.58% | 4632 -0.41% | 4651 29.37% | 3595 18.52% | 3033 36.63% | 2220 -14.93% | 2609 48.83% |
| Profit (INR Cr) | 825 29.4% | 638 148.4% | 257 60.0% | 161 18.8% | 135 -0.7% | 136 -6.0% | 145 -18.0% | 177 45.1% | 122 145.8% | 50 -44.9% | 90 -17.9% | 109 49.9% | 73 -23.4% | 95 290.2% | 24 - | -5 - |
| Assets (INR Cr) | 4380 66.3% | 2634 26.0% | 2090 20.4% | 1736 11.5% | 1557 6.3% | 1465 -0.9% | 1478 9.7% | 1348 8.3% | 1245 1.1% | 1231 -17.9% | 1500 -8.0% | 1629 4.3% | 1562 59.7% | 978 119.6% | 445 -0.9% | 449 - |
| Net Worth (INR Cr) | 3876 73.3% | 2236 30.4% | 1715 22.6% | 1400 20.0% | 1166 -3.0% | 1202 8.5% | 1108 7.0% | 1036 21.3% | 854 17.0% | 730 4.8% | 696 11.1% | 627 20.3% | 521 48.2% | 351 24.0% | 283 1.2% | 280 -1.6% |
| Employee Cost (INR Cr) | 289 31.0% | 221 27.8% | 172 7.6% | 160 -5.0% | 169 14.1% | 148 17.4% | 126 17.4% | 107 18.0% | 91 14.6% | 79 18.9% | 67 7.9% | 62 24.3% | 50 25.3% | 40 24.0% | 32 25.4% | 26 - |
| Interest Cost (INR Cr) | 432 | 344 | 171 | 157 | 254 | 223 | 158 | 131 | 175 | 162 | 155 | 144 | 170 | 78 | 87 | 104 |
| Cash & Bank Balance (INR Cr) | 646 | 530 | 266 | 222 | 176 | 225 | 274 | 123 | 134 | 100 | 231 | 1055 | 832 | 415 | 489 | 611 |
| Total Debt (INR Cr) | 476 | 376 | 359 | 325 | 372 | 253 | 363 | 305 | 384 | 494 | 792 | 984 | 993 | 601 | 162 | 161 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 5.0% | 4.3% | 2.7% | 2.5% | 1.8% | 1.7% | 2.5% | 3.6% | 2.4% | 1.0% | 1.9% | 2.3% | 2.0% | 3.1% | 1.1% | - |
| Profit As % Of Assets | 18.8% | 24.2% | 12.3% | 9.2% | 8.7% | 9.3% | 9.8% | 13.1% | 9.8% | 4.0% | 6.0% | 6.7% | 4.7% | 9.8% | 5.5% | - |
| Profit As % Of Networth | 21.3% | 28.5% | 15.0% | 11.5% | 11.6% | 11.3% | 13.1% | 17.0% | 14.3% | 6.8% | 12.9% | 17.5% | 14.0% | 27.1% | 8.6% | - |
| Interest Cost to EBITDA % | 27.6% | 27.2% | 29.5% | 35.6% | 51.6% | 45.5% | 37.1% | 30.2% | 46.1% | 61.4% | 50.6% | 45.6% | 77.3% | 34.3% | 100.9% | 246.1% |
| Debt to Equity Ratio | 0.12 | 0.17 | 0.21 | 0.23 | 0.32 | 0.21 | 0.33 | 0.29 | 0.45 | 0.68 | 1.14 | 1.57 | 1.91 | 1.71 | 0.57 | 0.58 |
| RONW | 27.0% | 32.3% | 16.5% | 12.5% | 11.4% | 11.8% | 13.5% | 18.7% | 15.2% | 6.9% | 13.6% | 19.2% | 17.0% | 30.2% | 6.2% | - |
| ROCE | 43.9% | 50.8% | 26.8% | 22.2% | 28.0% | 29.9% | 27.0% | 31.2% | 28.5% | 17.2% | 18.1% | 18.5% | 19.4% | 32.5% | 28.4% | 25.0% |