Thread by @stockmavenHQ

Check out Apar Industries Ltd, a Mumbai-based diversified company that specializes in conductors, transformers, and specialty oils. With strong financials and a wide range of products, they're poised for continued success in multiple industries. #AparIndustries

1/ Apar Industries Ltd is a Mumbai-based diversified company that manufactures conductors, transformers, and specialty oils. Its conductors business offers various types of conductors, including aluminum, alloy, and specialty conductors.

2/ The transformers business provides a range of transformers for power transmission and distribution, railways, and other applications. The specialty oils business offers transformer oils, white oils, and other specialty oils for various industries.

3/ Apar Industries Ltd was founded in 1958 and has manufacturing facilities in Umbergaon, Silvassa, and Rabale. It has a strong presence in the Indian market and exports its products to various countries around the world.

4/ In the financial year 2021, Apar Industries Ltd reported consolidated revenue of INR 6,133 crore, which is an increase of 13.4% over the previous year. Its net profit for the year was INR 172 crore, a decrease of 2.4% compared to the previous year.

5/ The company's total assets stood at INR 4,565 crore, and its total liabilities were INR 2,526 crore. Despite the slight decrease in net profit, the company has a strong financial standing.

6/ Apar Industries Ltd's SWOT analysis reveals strengths such as diversified business, strong market position in India, a wide range of products in its portfolio, and established manufacturing facilities in India.

7/ However, its weaknesses include dependence on the Indian market for revenue, high competition in the industries in which it operates, and dependence on raw material suppliers.

8/ The company has opportunities to grow its business with the increasing demand for transformers and conductors in India, the focus on renewable energy sources, expansion into international markets, and diversification into new product lines.

9/ The company's threats include fluctuations in raw material prices, regulatory changes and compliance requirements, intense competition from domestic and international players, and economic downturns and market volatility

10/ Apar Industries Ltd's income statement reflects a positive trend, with total revenue increasing steadily from INR 4652.94 crore in FY 2013 to INR 13311.73 crore in TTM.

11/ Raw material expenses have also been consistently increasing, from INR 3675.15 crore in FY 2013 to INR 7549.03 crore in FY 2022.

12/ While employee costs have increased at a slower rate, from INR 61.88 crore in FY 2013 to INR 172.49 crore in FY 2022.

13/ Selling and administrative expenses have remained almost constant over the years, with a slight increase in the last two years.

14/ Operating and other expenses were high in FY 2016 and FY 2019, but have reduced significantly in FY 2022.

15/ EBITDA has fluctuated over the years, with a dip in FY 2015 and FY 2016, but has improved in recent years, reaching INR 1012.3 crore in TTM.

16/ Depreciation and amortization costs have been increasing, from INR 24.01 crore in FY 2013 to INR 101.88 crore in TTM.

17/ PBIT has been increasing steadily, from INR 294.38 crore in FY 2013 to INR 910.42 crore in TTM.

18/ Interest and other items have fluctuated, with a spike in FY 2019 and FY 2020, but have reduced significantly in FY 2021 and TTM.

19/ PBT has shown a mixed trend, with a dip in FY 2014 and FY 2015, but has been increasing steadily since then, reaching INR 638.25 crore in FY 2022.

20/ Net income has been increasing steadily, from INR 109.45 crore in FY 2013 to INR 477.6 crore in FY 2022.

21/ Earnings per share (EPS) have also been increasing over the years, from INR 29.41 in FY 2013 to INR 124.8 in FY 2022.

23/ However, the dividend per share (DPS) has remained constant at INR 15 since FY 2021, and the payout ratio has been decreasing, from 0.18 in FY 2013 to 0.12 in FY 2022.

24/ Overall, Apar Industries Ltd's income statement shows a positive trend, with increasing revenue and net income over the years.

25/25/ Apar Industries Ltd's balance sheet from FY 2013 to FY 2022 shows that the company's total assets have been steadily increasing. The company had total assets of INR 3,258.44 crore in FY 2013, which increased to INR 6,607.52 crore in FY 2022.

26/ Looking at the company's current assets, the company has been consistently maintaining a high level of current assets. The current assets increased from INR 2,899.80 crore in FY 2013 to INR 5,557.85 crore in FY 2022.

27/ In terms of non-current assets, the company has shown a moderate increase. The non-current assets increased from INR 358.64 crore in FY 2013 to INR 1,049.67 crore in FY 2022.

28/ However, the company's total liabilities have also increased over the years, from INR 2,630.03 crore in FY 2013 to INR 4,892.29 crore in FY 2022.

29/ The company's current liabilities have increased from INR 2,570.18 crore in FY 2013 to INR 4,568.20 crore in FY 2022.

30/ The company's non-current liabilities have also increased from INR 59.85 crore in FY 2013 to INR 324.09 crore in FY 2022.

31/ The company's consistently high level of current assets indicates good liquidity, but its increasing liabilities indicate that the company is borrowing more and its debt is increasing, which could increase its financial risk.

32/ Overall, the balance sheet of Apar Industries Ltd suggests that the company has been growing steadily, but its increasing liabilities should be closely monitored to manage potential financial risks.

33/APARINDS generated positive cash flows from operating activities in 7 out of 10 years, with a total positive net cash inflow of ₹2,443.03 crores over the 10-year period.

34/ The company had negative cash flows from investing activities in 8 out of 10 years, with a total negative net cash outflow of ₹980.91 crores over the 10-year period.

35/ The company had negative cash flows from financing activities in all 10 years, with a total negative net cash outflow of ₹1,403.38 crores over the 10-year period.

36/ Looking at the net change in cash, the company had a net cash inflow in 5 out of 10 years, with a total net cash inflow of ₹3.52 crores over the 10-year period.

37/ Changes in working capital were positive in 4 out of 10 years, with a positive change of ₹231.45 crores in FY 2019 and a negative change of ₹777.10 crores in FY 2014.

38/ The company's capital expenditures increased over the years, with the highest capital expenditure of ₹208.10 crores in FY 2019 and a total expenditure of ₹1,167.25 crores over the 10-year period.

39/ APARINDS had positive free cash flows in 6 out of 10 years, with a total positive free cash flow of ₹892.22 crores over the 10-year period.

40/ Overall, Apar Industries Ltd is a well-established and diversified company with a strong financial standing and a presence in multiple industries. Its focus on innovation and diversification will help it overcome the challenges it faces and achieve continued success.