APAR INDUSTRIES LTD. (APARINDS) financials

APAR INDUSTRIES LTD. (APARINDS) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Apar, founded by Mr. Dharmsinh D. Desai in 1958, is a market leader in India with a global presence. Contributing to India’s process of electrification it started from manufacturing power transmission cables to having three broad business segments, which are Conductors, Transformer and specialty oils (TSO), and Power/telecom Cables.[1][2]

Market Cap: ₹67,134Cr.
Current Price: ₹16,033
Stock P/E: 56.3
ROE: 21.2%
ROCE: 32.9%
Book Value: ₹1,285
Dividend Yield: 0.37%
52W High / Low: ₹19,269/6,800

In Jun 2026, APAR INDUSTRIES LTD. (APARINDS) reported sales ₹6,477 Cr and net profit ₹453 Cr.

Annual TTM: sales ₹23,593 Cr, net profit ₹1,169 Cr.

Shareholding: Promoters 55.42% (Sep 2026), FIIs 12.55% (Sep 2026), DIIs 23.83% (Sep 2026), Public 8.22% (Sep 2026), No. of Shareholders 98,764% (Sep 2026).

APARINDS quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	4,316	4,510	4,981	4,881	5,463	5,192	6,461	6,477
Expenses	3,987	4,163	4,539	4,443	5,004	4,756	5,971	5,737
Operating Profit	329	346	441	438	459	435	490	741
OPM %	8%	8%	9%	9%	8%	8%	8%	11%
Other Income	35	36	20	27	24	-15	14	34
Interest	95	114	97	83	104	101	134	122
Depreciation	29	30	33	35	37	37	39	42
Profit before tax	239	239	332	347	342	282	331	611
Tax %	26%	26%	27%	26%	26%	26%	23%	26%
Net Profit	178	176	244	258	254	208	255	453
EPS in Rs	44.26	43.83	60.81	64.19	63.20	51.69	63.36	112.77
Raw PDF	—	—	—	—	—	—	—	—

APARINDS profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	7,060	5,961	8,592	13,153	15,109	17,552	21,997	23,593
Expenses	6,571	5,565	8,064	11,969	13,590	16,024	20,120	21,468
Operating Profit	489	395	528	1,183	1,519	1,528	1,877	2,125
OPM %	7%	7%	6%	9%	10%	9%	9%	9%
Other Income	5	22	37	41	88	87	30	56
Interest	244	148	163	323	405	423	457	461
Depreciation	79	85	87	92	103	119	148	155
Profit before tax	172	185	316	810	1,099	1,073	1,302	1,565
Tax %	19%	26%	26%	26%	25%	26%	25%	—
Net Profit	139	137	234	603	823	794	974	1,169
EPS in Rs	36.32	35.75	61.04	157.48	204.96	197.59	242.46	291.02
Dividend Payout %	26%	27%	25%	25%	25%	26%	25%	—

APARINDS balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	38	38	38	38	38	40	40	40
Reserves	1,087	1,051	1,258	1,547	2,021	3,656	4,252	5,122
Borrowings	194	256	246	293	325	421	540	909
Other Liabilities	3,364	2,969	3,113	4,278	5,220	4,873	5,940	7,159
Total Liabilities	4,683	4,314	4,656	6,156	7,605	8,990	10,771	13,230
Fixed Assets	604	742	733	732	793	1,043	1,401	1,573
CWIP	103	55	29	37	99	122	125	513
Investments	187	0	62	32	56	10	216	54
Other Assets	3,789	3,516	3,832	5,355	6,657	7,814	9,030	11,089
Total Assets	4,683	4,314	4,656	6,156	7,605	8,990	10,771	13,230

APARINDS cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	630	105	226	218	577	-235	1,238	933
Cash from Investing Activity	-381	55	-117	-77	-251	-263	-700	-536
Cash from Financing Activity	-288	-202	-68	-82	-161	650	-457	-419
Net Cash Flow	-40	-41	42	59	165	151	81	-23
Free Cash Flow	428	-29	169	104	347	-563	735	224
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	144%	38%	68%	58%	67%	0%	99%	70%

APARINDS shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	57.77%	57.77%	57.77%	57.77%	57.77%	57.77%	57.76%	55.42%
FIIs	10.22%	9.87%	9.06%	9.24%	9.35%	9.38%	10.76%	12.55%
DIIs	21.24%	20.63%	21.79%	22.64%	23.20%	24.15%	23.02%	23.83%
Public	10.77%	11.73%	11.38%	10.35%	9.68%	8.71%	8.47%	8.22%
No. of Shareholders	1,02,362	1,14,553	1,12,365	1,06,316	97,761	89,009	95,279	98,764

APARINDS key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	100	93	110	103	83	90	82	88
Inventory Days	74	85	120	109	89	83	83	84
Days Payable	190	182	234	211	175	138	139	138
Cash Conversion Cycle	-16	-4	-4	1	-3	35	27	33
Working Capital Days	7	14	28	29	20	52	41	44
ROCE %	33%	31%	23%	28%	53%	46%	33%	33%

APARINDSUpdated 19 Oct 2026, 5:05

Apar Industries Ltd.

APARINDSUpdated 19 Oct 2026, 5:05

Market Cap

₹67,134Cr.

Current Price

₹16,033

High / Low

₹19,269/6,800

Stock P/E

56.3

ROE21.2%

ROCE32.9%

Book Value₹1,285

Face Value₹10.0

Dividend Yield0.37%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	3500	64	3169	16	24	258	25	193	50.53
Sep 2023	3644	98	3294	21	25	248	25	186	48.5
Dec 2023	3742	108	3361	23	25	271	24	206	51.24
Mar 2024	4226	97	3808	30	28	322	26	238	59.36
Jun 2024	3747	85	3389	18	28	262	25	196	48.69
Sep 2024	4316	95	3987	35	29	239	26	178	44.26
Dec 2024	4510	114	4163	36	30	239	26	176	43.83
Mar 2025	4981	97	4539	20	33	332	27	244	60.81
Jun 2025	4881	83	4443	27	35	347	26	258	64.19
Sep 2025	5463	104	5004	24	37	342	26	254	63.2
Dec 2025	5192	101	4756	-15	37	282	26	208	51.69
Mar 2026	6461	134	5971	14	39	331	23	255	63.36
Jun 2026	6477	122	5737	34	42	611	26	453	112.77

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	4998	162	4745	8	31	68	30	48	12.43
Mar 2016	5024	175	4649	10	38	173	33	116	30.05
Mar 2017	4776	129	4339	15	43	279	35	182	47.64
Mar 2018	5516	152	5104	11	50	221	35	144	37.64
Mar 2019	7586	214	7099	15	60	228	35	147	38.44
Mar 2020	7060	244	6571	5	79	172	19	139	36.32
Mar 2021	5961	148	5565	22	85	185	26	137	35.75
Mar 2022	8592	163	8064	37	87	316	26	234	61.04
Mar 2023	13153	323	11969	41	92	810	26	603	157.48
Mar 2024	15109	405	13590	88	103	1099	25	823	204.96
Mar 2025	17552	423	16024	87	119	1073	26	794	197.59
Mar 2026	21997	457	20120	30	148	1302	25	974	242.46
TTM	23593	461	21468	56	155	1565	—	1169	291.02

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	55.42%
FIIs	12.55%
DIIs	23.83%
Public	8.22%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	57.77%	10.98%	18.62%	—	12.63%
Mar 2024	57.77%	11.55%	18.9%	—	11.78%
Jun 2024	57.77%	11.51%	19.73%	—	11%
Sep 2024	57.77%	10.97%	20.41%	—	10.85%
Dec 2024	57.77%	10.22%	21.24%	—	10.77%
Mar 2025	57.77%	9.87%	20.63%	—	11.73%
Jun 2025	57.77%	9.06%	21.79%	—	11.38%
Sep 2025	57.77%	9.24%	22.64%	—	10.35%
Dec 2025	57.77%	9.35%	23.2%	—	9.68%
Mar 2026	57.77%	9.38%	24.15%	—	8.71%
Jun 2026	57.76%	10.76%	23.02%	—	8.47%
Sep 2026	55.42%	12.55%	23.83%	—	8.22%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	38	598	494	1718	2849	373	9	31	2436	2849
Mar 2016	38	722	361	1656	2777	398	21	110	2249	2777
Mar 2017	38	910	246	2036	3230	468	28	119	2616	3230
Mar 2018	38	981	304	2676	3999	544	19	0	3435	3999
Mar 2019	38	1087	194	3364	4683	604	103	187	3789	4683
Mar 2020	38	1051	256	2969	4314	742	55	0	3516	4314
Mar 2021	38	1258	246	3113	4656	733	29	62	3832	4656
Mar 2022	38	1547	293	4278	6156	732	37	32	5355	6156
Mar 2023	38	2021	325	5220	7605	793	99	56	6657	7605
Mar 2024	40	3656	421	4873	8990	1043	122	10	7814	8990
Mar 2025	40	4252	540	5940	10771	1401	125	216	9030	10771
Mar 2026	40	5122	909	7159	13230	1573	513	54	11089	13230

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	227	-47	-369	-189
Mar 2016	401	-173	-176	52
Mar 2017	310	-110	-193	7
Mar 2018	204	0	-65	139
Mar 2019	630	-381	-288	-40
Mar 2020	105	55	-202	-41
Mar 2021	226	-117	-68	42
Mar 2022	218	-77	-82	59
Mar 2023	577	-251	-161	165
Mar 2024	-235	-263	650	151
Mar 2025	1238	-700	-457	81
Mar 2026	933	-536	-419	-23

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	90	78	94	111	100	93	110	103	83	90	82	88
Inventory Days	85	72	97	98	74	85	120	109	89	83	83	84
Days Payable	143	131	177	208	190	182	234	211	175	138	139	138
Cash Conversion Cycle	33	19	14	1	-16	-4	-4	1	-3	35	27	33
Working Capital Days	20	4	21	22	7	14	28	29	20	52	41	44
ROCE %	18%	31%	35%	29%	33%	31%	23%	28%	53%	46%	33%	33%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of APAR INDUSTRIES LTD. (APARINDS)?

The reported market capitalisation for APAR INDUSTRIES LTD. (APARINDS) is ₹67,134Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of APARINDS?

The current price shown for APAR INDUSTRIES LTD. (APARINDS) on Fincrux is ₹16,033 with a 52-week high/low of ₹19,269/6,800.

What is the P/E ratio of APAR INDUSTRIES LTD. (APARINDS)?

The stock P/E for APAR INDUSTRIES LTD. (APARINDS) is 56.3 on Fincrux, with ROE at 21.2% and ROCE at 32.9%.

What were APARINDS latest quarterly results?

For Jun 2026, APAR INDUSTRIES LTD. (APARINDS) reported sales ₹6,477 Cr and net profit ₹453 Cr (figures in ₹ crore unless noted).

What are APARINDS annual sales and net profit?

For TTM, APAR INDUSTRIES LTD. (APARINDS) shows sales of ₹23,593 Cr and net profit of ₹1,169 Cr on the Fincrux profit & loss statement.

Who owns APAR INDUSTRIES LTD. (APARINDS)?

Latest shareholding for APAR INDUSTRIES LTD. (APARINDS) on Fincrux: Promoters 55.42% (Sep 2026), FIIs 12.55% (Sep 2026), DIIs 23.83% (Sep 2026), Public 8.22% (Sep 2026), No. of Shareholders 98,764% (Sep 2026).

Where can I find APAR INDUSTRIES LTD. (APARINDS) financials?

APAR INDUSTRIES LTD. (APARINDS) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show APARINDS balance sheet and cash flow?

Yes. The APAR INDUSTRIES LTD. (APARINDS) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 19 October 2026 at 5:05