APARINDS:NSE-Apar Industries Limited (INR)

COMMON STOCK | Electrical Equipment & Parts | NSE

Last Closing Price

INR 350.00

Change

+7.70 (+2.25)%

Market Cap

INR 13.37B

Volume

0.04M

Average Target Price

INR 385.50 (+10.14%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Apar Industries Limited engages in the electrical and metallurgical engineering business in India. The company offers hydraulic, gear, compressor, turbine, cylinder, refrigeration, marine, automotive engine, gear, glass mould, mould release, and quenching oils; metal working, transmission, and thermic fluids; wire drawing compounds; and industrial and automotive greases, as well as other specialty industrial oils. It also provides liquid paraffins that are used in medical formulations, ointments, laxatives, repository vaccines, hair oils, hair creams, cosmetics, facial creams and lotions, gelatin capsules, food preservatives, protective coatings for fruits and vegetables, veterinary preparations, egg preservatives, and as secondary plasticizer in plastic and petrochemical industry applications; white oils, which are used in textile industry; and process and transformer oils, as well as petroleum jellies. In addition, the company offers aluminum wire rods, aluminum alloy wire rods, mechanical grade alloy wire bundles, aluminum conductor steel reinforced, aluminum conductor aluminum clad steel reinforced products, aluminum alloy conductor steel reinforced conductors, aluminum alloy conductor clad steel reinforced conductors, all aluminum alloy conductors, aluminum conductor alloy reinforced conductors, high conductivity alloy conductors, high temperature thermal resistant alloy conductors, and high temperature low sag conductors. Further, it provides automotive, industrial, marine, and aviation lubricants; overhead aerial bundled cables; flexible and rubber cables; screened instrumentation and control cables; solar and wind mill, fiber optic, and special cables; and ebeam irradiated products, as well as thermoplastic elastomers. The company also exports its products to various countries. Apar Industries Limited was founded in 1958 and is headquartered in Mumbai, India. Address: Apar House, Building No. 5, Mumbai, India, 400071

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-26 )

Largest Industry Peers for Electrical Equipment & Parts

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HAVELLS:NSE Havells India Limited

-12.25 (-1.50%)

INR502.81B 67.13 40.98
POLYCAB:NSE Polycab India Limited

+16.95 (+1.83%)

INR139.21B 17.83 11.80
VGUARD:NSE V-Guard Industries Limited

-2.30 (-1.29%)

INR75.56B 58.58 33.30
GRAPHITE:NSE Graphite India Limited

+5.40 (+2.26%)

INR47.77B 77.50 23.22
FINCABLES:NSE Finolex Cables Limited

+12.30 (+4.14%)

INR47.32B 13.81 6.07
KEI:NSE KEI Industries Limited

+2.55 (+0.64%)

INR36.12B 13.60 7.81
HEG:NSE HEG Limited

N/A

INR30.78B 3.37 2.34
CGPOWER:NSE CG Power and Industrial Soluti..

-0.35 (-0.88%)

INR24.60B N/A 46.33
EVEREADY:NSE Eveready Industries India Limi..

+5.10 (+2.98%)

INR12.82B 5.42 3.54
VOLTAMP:NSE Voltamp Transformers Limited

-2.50 (-0.22%)

INR11.24B 11.78 8.70

ETFs Containing APARINDS

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Electrical Equipment & Parts)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -10.22% 43% F 32% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -10.22% 43% F 32% F
Trailing 12 Months  
Capital Gain -23.26% 29% F 19% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -23.26% 29% F 18% F
Trailing 5 Years  
Capital Gain -24.90% 48% F 46% F
Dividend Return 7.40% 69% D+ 68% D+
Total Return -17.50% 48% F 47% F
Average Annual (5 Year Horizon)  
Capital Gain -0.01% N/A N/A 49% F
Dividend Return 1.24% N/A N/A 71% C-
Total Return 1.23% N/A N/A 50% F
Risk Return Profile  
Volatility (Standard Deviation) 34.66% N/A N/A 58% F
Risk Adjusted Return 3.56% N/A N/A 50% F
Market Capitalization 13.37B 73% C 64% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Electrical Equipment & Parts)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 13.93 62% D- 59% F
Price/Book Ratio 0.99 46% F 56% F
Price / Cash Flow Ratio 14.20 30% F 26% F
EV/EBITDA 4.96 83% B 81% B-
Management Effectiveness  
Return on Equity 7.37% 61% D- 56% F
Return on Invested Capital 24.57% 100% A+ 95% A
Return on Assets 4.42% 55% F 68% D+
Debt to Equity Ratio 16.11% 25% F 47% F
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 0.40 97% A+ 88% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.