In , Apar Industries Ltd (Cables - Power) is outperforming Nifty 500 with +36.3% relative strength. Fundamentals: Average. On a 8-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Earnings deceleration risks from management commentary
Trigger: The Trump administration's expansion of Section 232 to cover cable and conductor categories is a direct tariff shock to APAR's largest export market; aluminum conductors face 50% tariffs since aluminum is mostly imported
Monitor: regulatory
Trigger: US-India trade relationship under tariff pressure broadly; while Section 232 is the specific mechanism, broader geopolitical uncertainty is shaping US import policy
Monitor: geopolitical
Trigger: India's power grid expansion requires substation commissioning before transmission line stringing — bushing shortages blocking transformers are creating a cascade delay in conductor demand realization
Monitor: logistics
Trigger: FX depreciation on specialty oil pricing creates margin compression even as volumes grow; base oil price volatility also a factor
Monitor: commodity
Key quotes from recent conference calls
“Section 232, where almost 400 product categories were added. This covered pretty much most of the cable and conductor products and resulted in an order booking which was very low in Q2 [Risk (regulatory): HIGH]”
“Exports for the quarter were down 11.2%, contributing toward 25.6% of the company's overall revenue, compared with about 33.5% a year ago [Risk (geopolitical): MEDIUM]”
“Volume actually degrew by about 5.9%, which was largely on account of some of the delayed clearances and in obtaining right of way, as well as delays in transformer deliveries due to lack of supply of bushings [Risk (logistics): MEDIUM]”
“EBITDA per KL came in at INR 5,331 per KL, again INR 6,364 a year ago. Foreign exchange depreciation did affect the profitability for this quarter [Risk (commodity): LOW]”
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +16% | +26% | Stable |
| PAT (Net Profit) | +19% | +47% | Stable |
| OPM | 8.0% | 0 bps | Expanding |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 30, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Apar Industries Ltd's latest quarterly results (Dec 2025) show
Apar Industries Ltd's profit is growing with an stable trend.
Apar Industries Ltd's revenue growth trend is stable.
Apar Industries Ltd's operating margin is expanding.
Apar Industries Ltd's long-term compounding rates
Apar Industries Ltd's earnings growth is stable with weakening on a sequential basis.
Apar Industries Ltd's trailing twelve month (TTM) performance
Apar Industries Ltd appears overvalued based on our fair value analysis.
Apar Industries Ltd's current PE ratio is 51.9x.
Apar Industries Ltd's current PE is 51.9x.
Apar Industries Ltd's price-to-book ratio is 10.6x.
Apar Industries Ltd is rated Average with a fundamental score of 50.18/100. This score is calculated from objective financial metrics
Apar Industries Ltd has a debt-to-equity ratio of N/A.
Apar Industries Ltd's return ratios over recent years
Apar Industries Ltd's operating cash flow is positive (FY2025).
Apar Industries Ltd's current dividend yield is 0.40%.
Apar Industries Ltd's shareholding pattern (Mar 2026)
Apar Industries Ltd's promoter holding has remained stable recently.
Apar Industries Ltd has been outperforming Nifty 500 for 8 consecutive weeks, indicating consistent outperformance.
Apar Industries Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.
Apar Industries Ltd has 4 key risks worth monitoring
In Q3 FY26, Apar Industries Ltd's management highlighted
Based on quantitative research signals, here is why Apar Industries Ltd may be worth studying
Apar Industries Ltd investment thesis summary:
Apar Industries Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
