APARINDS:NSE-Apar Industries Limited (INR)

COMMON STOCK | Electrical Equipment & Parts | NSE

Last Closing Price

INR 649.30

Change

-3.35 (-0.51)%

Market Cap

INR 24.87B

Volume

0.05M

Avg Analyst Target

INR 696.00 (+7.19%)

Avg User Target

INR
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Apar Industries Limited engages in the electrical and metallurgical engineering business in India. 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 pharmaceutical formulations, dermatological and opthalmic formulations, battery terminal compounds, release agents for plaster moulds and castings, and personal care and leather industries; and process oils for rubber and tires, EPDM rubber/profiles, low PCA oils, TPE and plastics, hot melt adhesives, and ink oils, as well as 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 rodes, wires, busbars, and strips; electrical cables, elastomer and E-beam cables, light duty cables and wires, fibre optic cables, and specialty products and services; and thermoplastic elastomers, thermoplastic vulcanizates, zero halogen flame-retardant materials, various other polymer compounds, and customisable products under the Aparprene brand. In addition, the company offers automotive and industrial lubricants; and speciality automotive products comprising batteries and luricants. It 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. 4&5, Mumbai, India, 400071

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-09-24 )

Largest Industry Peers for Electrical Equipment & Parts

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

-23.35 (-1.62%)

INR886.16B 72.79 45.74
POLYCAB:NSE Polycab India Limited

-17.00 (-0.70%)

INR359.63B 43.02 27.15
CGPOWER:NSE CG Power and Industrial Soluti..

+5.15 (+4.84%)

INR150.73B N/A 46.33
AMARAJABAT:NSE Amara Raja Batteries Limited

-0.50 (-0.07%)

INR125.68B 17.74 9.25
GRAPHITE:NSE Graphite India Limited

-9.85 (-1.61%)

INR117.43B 60.07 26.38
VGUARD:NSE V-Guard Industries Limited

-0.70 (-0.27%)

INR109.57B 49.79 29.77
KEI:NSE KEI Industries Limited

+79.45 (+8.83%)

INR88.27B 29.42 15.76
HEG:NSE HEG Limited

-48.40 (-2.16%)

INR84.54B 345.12 68.56
FINCABLES:NSE Finolex Cables Limited

-6.30 (-1.26%)

INR78.42B 14.97 9.05
EVEREADY:NSE Eveready Industries India Limi..

-1.05 (-0.28%)

INR27.09B 12.66 7.41

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 86.63% 76% C 78% C+
Dividend Return 2.73% 90% A- 84% B
Total Return 89.36% 76% C 79% C+
Trailing 12 Months  
Capital Gain 124.32% 68% D+ 69% D+
Dividend Return 3.28% 90% A- 78% C+
Total Return 127.60% 68% D+ 70% C-
Trailing 5 Years  
Capital Gain 11.21% 46% F 45% F
Dividend Return 6.59% 71% C- 68% D+
Total Return 17.80% 50% F 46% F
Average Annual (5 Year Horizon)  
Capital Gain -3.97% 21% F 23% F
Dividend Return 1.11% 79% C+ 71% C-
Total Return -2.87% 21% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 39.30% 68% D+ 69% D+
Risk Adjusted Return -7.30% 21% F 23% F
Market Capitalization 24.87B 71% C- 64% 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 10.11 90% A- 75% C
Price/Book Ratio 1.83 50% F 53% F
Price / Cash Flow Ratio 7.69 62% D- 52% F
EV/EBITDA 5.17 97% A+ 87% B+
Management Effectiveness  
Return on Equity 12.46% 69% D+ 63% D
Return on Invested Capital 17.62% 88% B+ 87% B+
Return on Assets 4.27% 56% F 61% D-
Debt to Equity Ratio 13.60% 36% F 48% 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 0.31 94% A 92% A-
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 Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

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.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning 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 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:
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.

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.