APARINDS:NSE-Apar Industries Limited (INR)

COMMON STOCK | Electrical Equipment & Parts | NSE

Last Closing Price

INR 504.05

Change

-1.55 (-0.31)%

Market Cap

INR 19.93B

Volume

0.03M

Average Target Price

INR 536.50 (+6.44%)
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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-05 )

Largest Industry Peers for Electrical Equipment & Parts

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

+11.25 (+1.14%)

INR629.34B 68.43 41.81
POLYCAB:NSE Polycab India Limited

-7.85 (-0.54%)

INR220.79B 27.19 18.29
GRAPHITE:NSE Graphite India Limited

+1.70 (+0.23%)

INR147.96B 77.50 23.22
CGPOWER:NSE CG Power and Industrial Soluti..

+3.80 (+4.96%)

INR102.70B N/A 46.33
VGUARD:NSE V-Guard Industries Limited

+2.85 (+1.27%)

INR96.23B 58.48 34.18
HEG:NSE HEG Limited

-41.25 (-1.84%)

INR89.02B 3.37 2.34
FINCABLES:NSE Finolex Cables Limited

-4.50 (-1.23%)

INR57.60B 16.08 7.56
KEI:NSE KEI Industries Limited

+1.15 (+0.22%)

INR47.55B 19.43 11.07
EVEREADY:NSE Eveready Industries India Limi..

+0.05 (+0.02%)

INR21.58B 11.12 7.01
GENUSPOWER:NSE Genus Power Infrastructures Li..

+1.10 (+2.07%)

INR11.94B 22.05 7.73

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 44.88% 81% B- 86% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 44.88% 81% B- 86% B
Trailing 12 Months  
Capital Gain 60.22% 33% F 40% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 60.22% 33% F 39% F
Trailing 5 Years  
Capital Gain 6.78% 50% F 48% F
Dividend Return 6.14% 71% C- 62% D-
Total Return 12.92% 50% F 49% F
Average Annual (5 Year Horizon)  
Capital Gain -7.00% 33% F 29% F
Dividend Return 1.08% 75% C 69% D+
Total Return -5.92% 30% F 30% F
Risk Return Profile  
Volatility (Standard Deviation) 32.86% 73% C 71% C-
Risk Adjusted Return -18.01% 30% F 28% F
Market Capitalization 19.93B 72% C- 65% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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 14.58 67% D+ 63% D
Price/Book Ratio 1.49 43% F 52% F
Price / Cash Flow Ratio 21.16 28% F 23% F
EV/EBITDA 6.15 87% B+ 80% B-
Management Effectiveness  
Return on Equity 7.37% 66% 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% 29% F 46% 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 0.48 88% B+ 87% 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 total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.

Highly 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.