Apar Industries Limited
APAR Industries Limited engages in the electrical and metallurgical engineering business in India and internationally. It operates through Conductor, Transformer & Specialties Oils, Power/Telecom Cables, and Others segments. The company offers transformer oils, including naphthenic and iso--paraffinic grades; liquid paraffins that are used in baby oil, medical and pharma, cosmetic, food packaging… Read more
Apar Industries Limited (APARINDS) - Net Assets
Latest net assets as of September 2025: ₹48.53 Billion INR
Based on the latest financial reports, Apar Industries Limited (APARINDS) has net assets worth ₹48.53 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹113.13 Billion) and total liabilities (₹64.60 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹48.53 Billion |
| % of Total Assets | 42.9% |
| Annual Growth Rate | 21.42% |
| 5-Year Change | 219.58% |
| 10-Year Change | 423.07% |
| Growth Volatility | 24.2 |
Apar Industries Limited - Net Assets Trend (2005–2025)
This chart illustrates how Apar Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Apar Industries Limited (2005–2025)
The table below shows the annual net assets of Apar Industries Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹45.04 Billion | +16.18% |
| 2024-03-31 | ₹38.76 Billion | +73.33% |
| 2023-03-31 | ₹22.36 Billion | +30.38% |
| 2022-03-31 | ₹17.15 Billion | +21.72% |
| 2021-03-31 | ₹14.09 Billion | +20.81% |
| 2020-03-31 | ₹11.66 Billion | -2.99% |
| 2019-03-31 | ₹12.02 Billion | +8.49% |
| 2018-03-31 | ₹11.08 Billion | +6.96% |
| 2017-03-31 | ₹10.36 Billion | +20.34% |
| 2016-03-31 | ₹8.61 Billion | +17.78% |
| 2015-03-31 | ₹7.31 Billion | +4.72% |
| 2014-03-31 | ₹6.98 Billion | +11.08% |
| 2013-03-31 | ₹6.28 Billion | +19.82% |
| 2012-03-31 | ₹5.24 Billion | +49.02% |
| 2011-03-31 | ₹3.52 Billion | +22.26% |
| 2010-03-31 | ₹2.88 Billion | +0.97% |
| 2009-03-31 | ₹2.85 Billion | +31.52% |
| 2008-03-31 | ₹2.17 Billion | +17.94% |
| 2007-03-31 | ₹1.84 Billion | +97.99% |
| 2006-03-31 | ₹928.28 Million | 0.00% |
| 2005-03-31 | ₹928.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Apar Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2854410000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹28.54 Billion | 63.38% |
| Common Stock | ₹401.70 Million | 0.89% |
| Other Comprehensive Income | ₹4.19 Billion | 9.30% |
| Other Components | ₹11.90 Billion | 26.43% |
| Total Equity | ₹45.04 Billion | 100.00% |
Apar Industries Limited Competitors by Market Cap
The table below lists competitors of Apar Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinke Property Group Co Ltd
SHE:000656
|
$1.83 Billion |
|
AB Electrolux (publ)
PINK:ELRXF
|
$1.83 Billion |
|
Bravida Holding AB
ST:BRAV
|
$1.83 Billion |
|
Netstreit Corp
NYSE:NTST
|
$1.83 Billion |
|
PTT GLBL CHEM.-NVDR- BA10
F:GCB1
|
$1.83 Billion |
|
Indian Railway Catering And Tourism Corporation Limited
NSE:IRCTC
|
$1.83 Billion |
|
Dongfang Electric Corporation Limited
PINK:DNGFF
|
$1.83 Billion |
|
Cellebrite DI
NASDAQ:CLBT
|
$1.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apar Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 38,764,400,000 to 45,035,400,000, a change of 6,271,000,000 (16.2%).
- Net income of 8,213,000,000 contributed positively to equity growth.
- Dividend payments of 2,046,100,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,668,000,000.
- Other factors decreased equity by 3,563,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹8.21 Billion | +18.24% |
| Dividends Paid | ₹2.05 Billion | -4.54% |
| Other Comprehensive Income | ₹3.67 Billion | +8.14% |
| Other Changes | ₹-3.56 Billion | -7.91% |
| Total Change | ₹- | 16.18% |
Book Value vs Market Value Analysis
This analysis compares Apar Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 281.39x to 8.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹33.46 | ₹9416.00 | x |
| 2006-03-31 | ₹33.46 | ₹9416.00 | x |
| 2007-03-31 | ₹56.84 | ₹9416.00 | x |
| 2008-03-31 | ₹67.03 | ₹9416.00 | x |
| 2009-03-31 | ₹87.98 | ₹9416.00 | x |
| 2010-03-31 | ₹86.58 | ₹9416.00 | x |
| 2011-03-31 | ₹108.66 | ₹9416.00 | x |
| 2012-03-31 | ₹137.35 | ₹9416.00 | x |
| 2013-03-31 | ₹162.76 | ₹9416.00 | x |
| 2014-03-31 | ₹180.84 | ₹9416.00 | x |
| 2015-03-31 | ₹189.56 | ₹9416.00 | x |
| 2016-03-31 | ₹229.36 | ₹9416.00 | x |
| 2017-03-31 | ₹269.24 | ₹9416.00 | x |
| 2018-03-31 | ₹289.60 | ₹9416.00 | x |
| 2019-03-31 | ₹314.19 | ₹9416.00 | x |
| 2020-03-31 | ₹304.80 | ₹9416.00 | x |
| 2021-03-31 | ₹368.24 | ₹9416.00 | x |
| 2022-03-31 | ₹448.21 | ₹9416.00 | x |
| 2023-03-31 | ₹584.39 | ₹9416.00 | x |
| 2024-03-31 | ₹996.46 | ₹9416.00 | x |
| 2025-03-31 | ₹1121.18 | ₹9416.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apar Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.42%
- • Asset Turnover: 1.65x
- • Equity Multiplier: 2.50x
- Recent ROE (18.24%) is above the historical average (16.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 33.97% | 3.81% | 1.53x | 5.84x | ₹222.53 Million |
| 2006 | 33.97% | 3.61% | 1.62x | 5.83x | ₹222.53 Million |
| 2007 | 26.40% | 3.20% | 1.85x | 4.46x | ₹301.42 Million |
| 2008 | 22.17% | 3.18% | 1.57x | 4.44x | ₹263.78 Million |
| 2009 | -1.25% | -0.13% | 1.81x | 5.11x | ₹-319.93 Million |
| 2010 | -1.27% | -0.13% | 1.39x | 6.78x | ₹-315.40 Million |
| 2011 | 27.33% | 3.17% | 1.54x | 5.59x | ₹608.99 Million |
| 2012 | 13.96% | 2.03% | 1.27x | 5.41x | ₹207.07 Million |
| 2013 | 17.47% | 2.35% | 1.43x | 5.20x | ₹467.87 Million |
| 2014 | 12.88% | 1.94% | 1.54x | 4.31x | ₹200.28 Million |
| 2015 | 6.78% | 0.97% | 1.73x | 4.05x | ₹-234.71 Million |
| 2016 | 14.16% | 2.40% | 1.82x | 3.25x | ₹357.63 Million |
| 2017 | 17.04% | 3.65% | 1.37x | 3.40x | ₹729.58 Million |
| 2018 | 13.06% | 2.49% | 1.36x | 3.85x | ₹339.15 Million |
| 2019 | 11.32% | 1.71% | 1.59x | 4.18x | ₹158.23 Million |
| 2020 | 11.59% | 1.82% | 1.60x | 3.99x | ₹185.07 Million |
| 2021 | 11.39% | 2.51% | 1.28x | 3.55x | ₹195.80 Million |
| 2022 | 14.97% | 2.76% | 1.41x | 3.85x | ₹852.07 Million |
| 2023 | 28.52% | 4.45% | 1.74x | 3.67x | ₹4.14 Billion |
| 2024 | 21.29% | 5.11% | 1.68x | 2.48x | ₹4.37 Billion |
| 2025 | 18.24% | 4.42% | 1.65x | 2.50x | ₹3.71 Billion |
Industry Comparison
This section compares Apar Industries Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $9,291,252,820
- Average return on equity (ROE) among peers: 12.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apar Industries Limited (APARINDS) | ₹48.53 Billion | 33.97% | 1.33x | $1.83 Billion |
| Aartech Solonics Limited (AARTECH) | $246.68 Million | -0.79% | 0.21x | $4.50K |
| Amara Raja Batteries Limited (ARE&M) | $67.99 Billion | 13.74% | 0.32x | $928.91 Million |
| Bharat Bijlee Limited (BBL) | $6.51 Billion | 2.21% | 0.60x | $216.37 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $-842.90 Million | 0.00% | 0.00x | $5.60 Billion |
| CMI Limited (CMICABLES) | $1.75 Billion | 60.44% | 0.92x | $725.46K |
| Cords Cable Industries Limited (CORDSCABLE) | $865.72 Million | 4.84% | 1.48x | $10.04 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $18.07 Million |
| Dynamic Cables Limited (DYCL) | $1.77 Billion | 17.48% | 1.27x | $46.07 Million |
| Elin Electronics Limited (ELIN) | $4.93 Billion | 5.44% | 0.49x | $33.83 Million |