Apar Industries Ltd

However, revenue from operations rose 17.66% year on year (YoY) to Rs 4,716.42 crore in the quarter ended 31 December 2024. Profit before tax stood at Rs 238.47 crore in the December 2024 quarter, down 16.12% from Rs 284.30 crore in corresponding quarter last year. EBITDA during the quarter stood at Rs 401 crore; registering a de-growth of 7.1% on YoY basis. EBITDA margin slipped to 8.5% in Q3 FY25, compared to 10.8% posted in Q3 FY24. In the conductor business, the revenue grew 23.4% YoY with volumes growing 19% YoY during Q3. The order book as at the end of third quarter of FY25 stood at Rs 7,601 crore. The fourth quarter revenue of the speciality oils business de-grew 0.6% YoY while volume were up 4.8% YoY. The cables solutions business saw a 37% YoY increase in revenue for the current quarter. Kushal N Desai, chairman & MD of APAR Industries, said, 'We have delivered yet another quarter of healthy revenue growth. We continue to lead the way in our premium businesses with continued focus on innovation and customer centric approach. We remain optimistic that domestic growth trajectory will remain unwavering led by continued infrastructure capex spend. Headwinds we faced for export business is expected to reduce gradually. On the margins front, we have seen have a drop in this quarter due to unfavourable competitive prices from China and lower demand from exports. We are hopeful that export demand will improve. Freight cost have started to soften which should help reduce landed costs. However, on the back of our strong foothold around energy infrastructure space we remain confident and resolute in delivering long-term value accretion to our stakeholders.' APAR Industries is a diversified billion-dollar conglomerate with a strong presence in over 140 countries. As the largest aluminium and alloy conductor manufacturer and the 3rd largest transformer oil manufacturer, the company enjoys a leadership position in the global markets. APAR also offers over 350 grades of speciality oils, the largest range of speciality cables, lubricants, speciality automotive and polymers. Powered by Capital Market - Live

Net profit of Apar Industries declined 19.60% to Rs 174.92 crore in the quarter ended December 2024 as against Rs 217.57 crore during the previous quarter ended December 2023. Sales rose 17.83% to Rs 4696.50 crore in the quarter ended December 2024 as against Rs 3985.96 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales4696.503985.96 18 OPM %7.5810.16 - PBDT271.85313.14 -13 PBT238.48284.30 -16 NP174.92217.57 -20 Powered by Capital Market - Live

Union Bank of India, Anant Raj Ltd, Federal Bank Ltd, Maharashtra Seamless Ltd are among the other stocks to see a surge in volumes on BSE today, 28 January 2025.Apar Industries Ltd saw volume of 10051 shares by 10:46 IST on BSE, a 3.55 fold spurt over two-week average daily volume of 2828 shares. The stock dropped 10.70% to Rs.8,006.55. Volumes stood at 4766 shares in the last session.Union Bank of India saw volume of 10.98 lakh shares by 10:46 IST on BSE, a 3.39 fold spurt over two-week average daily volume of 3.24 lakh shares. The stock increased 3.83% to Rs.109.70. Volumes stood at 3.32 lakh shares in the last session.Anant Raj Ltd recorded volume of 3.19 lakh shares by 10:46 IST on BSE, a 3.33 times surge over two-week average daily volume of 95865 shares. The stock lost 20.00% to Rs.534.45. Volumes stood at 2.46 lakh shares in the last session.Federal Bank Ltd registered volume of 6.98 lakh shares by 10:46 IST on BSE, a 2.7 fold spurt over two-week average daily volume of 2.59 lakh shares. The stock slipped 5.86% to Rs.179.80. Volumes stood at 3.53 lakh shares in the last session.Maharashtra Seamless Ltd saw volume of 33232 shares by 10:46 IST on BSE, a 2.61 fold spurt over two-week average daily volume of 12751 shares. The stock dropped 3.82% to Rs.590.65. Volumes stood at 43185 shares in the last session.Powered by Capital Market - Live

Apar Industries will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live

Apar Industries announced expansion of production capacity for its Continuous Transposed Conductor (CTC) business to cater to increased demand available on account of focused prioritisation by Government in Power and Generation Equipment. Post the expansion, the total annual production capacity for CTC will be 20,490 MT gradually by the 3Q FY26 which will be 3x of current levels. Powered by Capital Market - Live

Apar Industries announced the incorporation of wholly owned subsidiary in Brazil named 'Apar Industries Latam Ltda' which is yet to commence its operations pending other approvals from concerned local authorities. The new company will carry out trading activities of variety of conductors. Powered by Capital Market - Live

Net profit of Apar Industries rose 11.21% to Rs 193.38 crore in the quarter ended September 2024 as against Rs 173.88 crore during the previous quarter ended September 2023. Sales rose 18.73% to Rs 4623.40 crore in the quarter ended September 2024 as against Rs 3893.96 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4623.403893.96 19 OPM %7.718.97 - PBDT288.79264.94 9 PBT256.73236.77 8 NP193.38173.88 11 Powered by Capital Market - Live

Apar Industries will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live

Shares of the Apar Industries jumped 16.15% in five trading sessions from its recent closing low of Rs 8,946.80 on 6 September 2024. The stock hit an all-time high of Rs 10,504.10 today. The counter has zoomed 130.86% from its 52-week low of Rs 4,550 hit on 26 October 2023. On the BSE, 3,700 shares were traded in the counter so far compared with average daily volumes of 11,844 shares in the past two weeks. The stock had outperformed the market over the past one month, rising 21.99% as against Sensex's 4.99% increase. The scrip had outperformed the market in past three months, jumping 22.44% as against 7.92% rise in Sensex. The counter had also outperformed the market in past one year, soaring 113.6% as against Sensex's 22.87% surge. On the technical front, the stock's daily RSI (relative strength index) stood at 77.253. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. On the daily chart, the stock was trading above its 50 day, 100-day and 200-day simple moving average (SMA) placed at 8,721.96, 8,383.09 and 7,216.72, respectively. These levels will act as crucial support zones in near term. Apar Industries is a diversified billion-dollar conglomerate with a strong presence in over 140 countries. As the largest aluminium and alloy conductor manufacturer and the 3rd largest transformer oil manufacturer, the company enjoys a leadership position in the global markets. APAR also offers over 350 grades of speciality oils, the largest range of speciality cables, lubricants, speciality automotive and polymers. The company reported a consolidated net profit of Rs 202.54 crore in Q1 FY25, up 2.6% from Rs 197.43 crore recorded in Q1 FY24. Net sales grew by 6.6% year on year to Rs 3983.85 crore during the quarter. Powered by Capital Market - Live