Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Electrical Equipment & Parts

APAR Industries Limited engages in the electrical and metallurgical engineering business in India and internationally. It operates through Conductor, Transformer & Specialties Oils, Power/Telecom Cables, and Others segments. The company offers transformer oils, including naphthenic and iso--paraffinic grades; liquid paraffins that are used in baby oil, medical and pharma, cosmetic, food packaging and coating, personal care, bakery, and plastic industries; petroleum jelly for use in personal care, pharmaceutical formulations, dermatological and ophthalmic formulations, battery terminal compounds, release agents for plaster molds and castings, and leather industries; process oils for rubber and tires, EPDM rubber/profiles, low PCA oils, TPE and plastics, hot melt adhesives, and ink oils; base oils for metal working fluids; and process oils for general applications. It also provides CTC/PICC conductors, railway overhead conductors, T&D overhead conductors, optical ground wires, aluminum and alloy rods, specialty wires, and turnkey solutions, as well as copper rods, wires, busbars, and strips; and electrical cables, elastomer and E-beam cables, light duty cables and wires, fiber optic cables, and specialty products and services. In addition, the company offers gigavolt hybrid, LAN, and specialty cables; thermoplastic elastomers, vulcanizates, polyurethane, rubber, and polyester base elastomer under the Aparprene brand; general, metal working, and automotive lubricants; and specialty automotive products comprising batteries and lubricants, and diesel exhaust fluids or power oils, as well as vehicle care services. It provides its products and services for applications in various fields, including power transmission conductors, petroleum specialty oils, power and telecommunication cables, and house wires. The company also exports its products. Apar Industries Limited was founded in 1958 and is headquartered in Mumbai, India.

Revenue projections:

Revenue projections for APARINDS
Revenue projections for APARINDS

With APARINDS's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 1.44800
forwardPE 43.98139
debtToEquity 17.71600
earningsGrowth 0.01200
revenueGrowth 0.26700
grossMargins 0.21008
operatingMargins 0.06867
trailingEps 243.53000
forwardEps 365.17715

APARINDS's current ratio is 1.448, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting APARINDS has no trouble covering its short-term financial obligations.
APAR Industries Limited's low Debt-to-Equity ratio suggests the company is minimally leveraged, with limited reliance on debt to finance its operations. This reduced financial risk positions the company for greater stability and financial health, appealing to investors who value conservative financial management.
APARINDS's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with APARINDS anticipated to deliver better earnings than it did in the prior year.

Price projections:

Price projections for APARINDS
Price projections for APARINDS

APARINDS's stock price has moved above the upper limit of expected values, reflecting significant upward momentum. However, the limited potential for further rises indicates that the stock may face challenges in sustaining its current price.

Recommendation changes over time:

Recommendations trend for APARINDS
Recommendations trend for APARINDS


Analysts' buy bias for APARINDS signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to APARINDS, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.