Hello friends! Today we will discuss the Apar Industries Ltd Share Price Target 2023, 2024, 2025 and 2030. In this article, we will try to predict what the future share price target may be for Apar Industries Ltd. This article will provide you with a technical and fundamental analysis of Apar Industries Ltd shares.
About Apar Industries Ltd
Apar Industries Ltd. manufactures conductors, transformers and specialty oil and power/telecom cables. The company manufactures alloy rods and conductors in the segment and the company gets 44% of its total revenue from this segment.
The company is ranked third and tenth respectively in terms of oil manufacturing in transformer oil and lubricant market. The company offers 400+ products in the oil segment.
It specializes in electronic and telecom cables as well as elastomer cable and cable design services. In this segment, big companies like BSNL, Reliance, Jio are included in its customer list.
If we take a look at the financial condition of the company, the company’s revenue has seen a compounded sales growth of 14% in the last five years, but this year the company’s sales have seen a good jump of 60%. Due to the company’s growing revenue, the company’s net profit has increased from Rs 145 crore to Rs 480 crore in the last five years.
The company currently has a debt of Rs 400 crore, but with a cash reserve of Rs 1700 crore, it can be considered almost debt-free. If we talk about Apar Industries share holding pattern, then promoter holding in the company is 60.64% and public holding is 15.10%. FIIS holding is 6.73% and DIIS holding is 17.53%.
Apar Industries Share Price Target 2023
The company is India’s leading company in terms of manufacturing electric equipment. The company operates in 125 countries including India and derives 39% of its revenue from exports.
If we talk about Apar Industries Share Price Target 2023, then the company’s stock has seen a rise of 200% in the last one year. The main reason for this is that this year the company’s sales have seen a growth of 62% and the company’s net profit has also doubled, due to which the company’s EPS 124.81 is continuously increasing.
Given the quarter-on-quarter growth in the company’s revenue, stock market experts believe that the Apar Industries share price target can be seen from Rs 2350 to Rs 2480 by the end of 2023.
Apar Industries Share Price Target 2025
If we look at the product production capacity of the company, then the company manufactures 180000 MT conductors and 542000 KL transformer oils every year. The company is constantly doing good work on increasing the manufacturing capacity of its product in the coming time.
If we talk about Apar Industries Share Price Target 2025, then the company is fundamentally a good company and the promoter holding in the company is also 60.64%. The company’s stock has grown at a compound annual growth rate (CAGR) of 25% over the past five years. Due to the company’s increasing sales growth in the future and good performance in net profit, the price target of the company’s stock can be seen from Rs 3450 to Rs 3800 in the coming time.
Apar Industries Share Price Target 2030
If we talk about the Apar Industries share price target long term, then the company has an experienced management and the company’s business model sees a lot of opportunities for growth in the future.
The company is focusing on premium products like MVCC, automatic cable and harness along with exports. The company has installed CCV lines and a new 2.5 MeV to enhance rubber cable expansion.
The company is exploring opportunities in MVCC, Harness, more production for railways, pressure tight cable, 66 KB cable and new contracts. The company’s business model sees good growth opportunities in the future. Apar Industries share price target can be seen from Rs 6750 to Rs 7300 in 2030.