Apar Industries Ltd Share Price – NSE /  BSE

Capital Goods - Electrical Equipment, Small Cap

However, revenue from operations rose 17.66% year on year (YoY) to Rs 4,716.42 crore in the quarter ended 31 December 2024.

Profit before tax stood at Rs 238.47 crore in the December 2024 quarter, down 16.12% from Rs 284.30 crore in corresponding quarter last year.

EBITDA during the quarter stood at Rs 401 crore; registering a de-growth of 7.1% on YoY basis. EBITDA margin slipped to 8.5% in Q3 FY25, compared to 10.8% posted in Q3 FY24.

In the conductor business, the revenue grew 23.4% YoY with volumes growing 19% YoY during Q3. The order book as at the end of third quarter of FY25 stood at Rs 7,601 crore.

The fourth quarter revenue of the speciality oils business de-grew 0.6% YoY while volume were up 4.8% YoY.

The cables solutions business saw a 37% YoY increase in revenue for the current quarter.

Kushal N Desai, chairman & MD of APAR Industries, said, “We have delivered yet another quarter of healthy revenue growth. We continue to lead the way in our premium businesses with continued focus on innovation and customer centric approach. We remain optimistic that domestic growth trajectory will remain unwavering led by continued infrastructure capex spend. Headwinds we faced for export business is expected to reduce gradually.

On the margins front, we have seen have a drop in this quarter due to unfavourable competitive prices from China and lower demand from exports. We are hopeful that export demand will improve. Freight cost have started to soften which should help reduce landed costs. However, on the back of our strong foothold around energy infrastructure space we remain confident and resolute in delivering long-term value accretion to our stakeholders.”

APAR Industries is a diversified billion-dollar conglomerate with a strong presence in over 140 countries. As the largest aluminium and alloy conductor manufacturer and the 3rd largest transformer oil manufacturer, the company enjoys a leadership position in the global markets. APAR also offers over 350 grades of speciality oils, the largest range of speciality cables, lubricants, speciality automotive and polymers.

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Net profit of Apar Industries declined 19.60% to Rs 174.92 crore in the quarter ended December 2024 as against Rs 217.57 crore during the previous quarter ended December 2023. Sales rose 17.83% to Rs 4696.50 crore in the quarter ended December 2024 as against Rs 3985.96 crore during the previous quarter ended December 2023.

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Union Bank of India, Anant Raj Ltd, Federal Bank Ltd, Maharashtra Seamless Ltd are among the other stocks to see a surge in volumes on BSE today, 28 January 2025.

Apar Industries Ltd saw volume of 10051 shares by 10:46 IST on BSE, a 3.55 fold spurt over two-week average daily volume of 2828 shares. The stock dropped 10.70% to Rs.8,006.55. Volumes stood at 4766 shares in the last session.

Union Bank of India saw volume of 10.98 lakh shares by 10:46 IST on BSE, a 3.39 fold spurt over two-week average daily volume of 3.24 lakh shares. The stock increased 3.83% to Rs.109.70. Volumes stood at 3.32 lakh shares in the last session.

Anant Raj Ltd recorded volume of 3.19 lakh shares by 10:46 IST on BSE, a 3.33 times surge over two-week average daily volume of 95865 shares. The stock lost 20.00% to Rs.534.45. Volumes stood at 2.46 lakh shares in the last session.

Federal Bank Ltd registered volume of 6.98 lakh shares by 10:46 IST on BSE, a 2.7 fold spurt over two-week average daily volume of 2.59 lakh shares. The stock slipped 5.86% to Rs.179.80. Volumes stood at 3.53 lakh shares in the last session.

Maharashtra Seamless Ltd saw volume of 33232 shares by 10:46 IST on BSE, a 2.61 fold spurt over two-week average daily volume of 12751 shares. The stock dropped 3.82% to Rs.590.65. Volumes stood at 43185 shares in the last session.

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Apar Industries will hold a meeting of the Board of Directors of the Company on 28 January 2025.

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