Introduction:
Electric equipment stock reported a 19.6% YoY profit decline to ₹175 crore in Q3FY25, with EBITDA margins contracting to 7.5%. Robust domestic growth of 31.8% was overshadowed by export revenue drops and intensified competition, affecting investor sentiment.
Share Price Movement of APAR Industries :
On January 28, 2025, Apar Industries Ltd opened at ₹8,763.80, reaching an intraday high of ₹8,889.90 and a low of ₹7,171.05. The stock closed at ₹7,179.00, reflecting a sharp 19.91% decline from its previous close of ₹8,836.83 with a market capital of 28,836.83 crores.
APAR Industries Q3 Results:
Apar Industries reported a 17.7% increase in revenue to ₹4,716 crore for Q3FY25. However, net profit fell by 19.6% YoY to ₹175 crore, as intense competition from China impacted profitability. The company’s shares dropped 20% on January 28, 2025.
EBITDA declined 12% YoY to ₹355.4 crore, while margins contracted by 250 basis points to 7.5% from 10% a year earlier. Export revenue fell to 33.5% of total revenue, compared to 40.7% in the previous year, reflecting global market challenges.
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Despite the export decline, the domestic business grew robustly by 31.8% YoY, contributing significantly to the company’s performance. The sharp fall in net profit and margin contraction raised concerns among investors, impacting market sentiment.
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Recent News About APAR Industries :
On November 18, 2024, Apar Industries announced plans to expand its Continuous Transposed Conductor (CTC) production capacity to 20,490 MT by Q3 FY26, tripling current levels to meet growing demand driven by government focus on power and generation equipment.
Stock performance of APAR Industries for Period of 1 week, 6 months and 1 year:
Apar Industries’ stock performance saw a sharp 29.2% decline over the past week, reflecting market volatility. Over six months, the stock dropped by 18.3%. However, it delivered a positive 25.1% return over the past year, showcasing long-term resilience.
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Shareholding pattern of APAR Industries :
All values in % | Dec-24 | Sep-24 | Jun-24 |
Promoters | 57.77 | 57.77 | 57.77 |
FII | 10.22 | 10.97 | 11.51 |
DII | 21.24 | 20.41 | 19.73 |
Retail & others | 10.77 | 10.85 | 11 |
About APAR Industries :
Apar Industries Ltd (NSE: APARINDS), established in 1958, is a leading manufacturer of electrical and metallurgical products. Specialising in conductors, cables, and transformer oils, the company serves global markets, delivering innovative solutions across power, telecom, and renewable energy sectors with a strong commitment to quality.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.