Here is a data-driven look at Apar Industries Limited (APARINDS), covering financial performance, valuation, and shareholding trends.
Apar Industries Revenue Trend
Top-line growth continued for Apar Industries Limited, with FY2025 revenue reaching ₹18,581 Cr — a 15.0% increase over FY2024.
Apar Industries Limited has compounded revenue at 13.8% over 10 years — good, consistent top-line expansion from ₹5,122 Cr to ₹18,581 Cr.
A ₹18,581 Cr revenue base makes Apar Industries Limited a major name in the Indian electrical equipment sector.
Apar Industries Limited has posted revenue growth for 4 consecutive years — that's a sustained trend, not a one-off.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹18,581 Cr | +15.0% |
| FY2024 | ₹16,153 Cr | +12.5% |
| FY2023 | ₹14,352 Cr | +54.0% |
| FY2022 | ₹9,320 Cr | +45.4% |
| FY2021 | ₹6,410 Cr | — |
View Apar Industries Limited's full 10-year revenue trend with CAGR analysis →
Apar Industries Profitability
On the bottom line, not much movement: Apar Industries Limited reported ₹821 Cr in FY2025, in line with FY2024.
Profitability per rupee of revenue dipped, with net margin at 4.4% against 5.1% in FY2024.
On an EPS basis, the company earned ₹204.47 (diluted) in FY2025 versus ₹212.10 in FY2024.
Is Apar Industries Undervalued
Apar Industries Limited shares are currently trading at ₹14,746.00.
Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
Apar Industries Shareholding Pattern
At 57.8%, the promoter stake has been flat for the past 4 quarters.
As of June 2026, FIIs own 10.8% of the company — up from 9.2% a year earlier.
Domestic institutions moved their stake up to 23.0% from 22.6% over the past year.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 57.8% | 10.8% | 23.0% | 8.5% |
| Mar 2026 | 57.8% | 9.4% | 24.1% | 8.7% |
| Dec 2025 | 57.8% | 9.3% | 23.2% | 9.7% |
| Sep 2025 | 57.8% | 9.2% | 22.6% | 10.3% |
Track quarterly shareholding changes for Apar Industries Limited →
Apar Industries Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹112.64B at the end of FY2025, up 17.1% from ₹96.16B a year earlier.
Receivables is the largest block at 36.2%, followed by Inventories at 29.4% and Property, Plant & Equipment at 13.8%.
Equity makes up 40.0% of liabilities and equity, with debt at 5.2% and operating liabilities at 54.8%. Over the year, debt is up 22.9% and equity is up 16.2%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 8.95B |
| Receivables | 40.78B |
| Inventories | 33.11B |
| Property, Plant & Equipment | 15.60B |
| Investments | 111.90M |
| Intangibles & Goodwill | 19.20M |
| Other Assets | 14.07B |
| Category | Value |
|---|---|
| Equity | 45.04B |
| Short-term Debt | 1.86B |
| Long-term Debt | 3.99B |
| Trade Payables | 55.49B |
| Other Liabilities | 6.26B |
What Stands Out About Apar Industries
Bringing the key threads together for Apar Industries Limited (APARINDS) as a electrical equipment investment opportunity.
Revenue of ₹18,581 Cr in FY2025, up 15.0% year-over-year.
Long-term revenue has been compounding at 13.8% annually over 10 years.
The company is profitable, with a net margin of 4.4% and net income of ₹821 Cr.
Unlock Full Analysis
See the full picture — Craytheon tracks 10 years of financial data with interactive charts, growth trends, and three valuation models for Apar Industries Limited.