Apar Industries Limited (APARINDS) - Net Assets

Latest as of September 2025: Rs48.53 Billion INR ≈ $524.78 Million USD

Based on the latest financial reports, Apar Industries Limited (APARINDS) has net assets worth Rs48.53 Billion INR (≈ $524.78 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs113.13 Billion ≈ $1.22 Billion USD) and total liabilities (Rs64.60 Billion ≈ $698.63 Million USD). 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. Check Apar Industries Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs48.53 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. Also explore APARINDS total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Apar Industries Limited market capitalisation.

Year Net Assets Change
2025-03-31 Rs45.04 Billion
≈ $487.04 Million		 +16.18%
2024-03-31 Rs38.76 Billion
≈ $419.22 Million		 +73.33%
2023-03-31 Rs22.36 Billion
≈ $241.86 Million		 +30.38%
2022-03-31 Rs17.15 Billion
≈ $185.50 Million		 +21.72%
2021-03-31 Rs14.09 Billion
≈ $152.40 Million		 +20.81%
2020-03-31 Rs11.66 Billion
≈ $126.14 Million		 -2.99%
2019-03-31 Rs12.02 Billion
≈ $130.03 Million		 +8.49%
2018-03-31 Rs11.08 Billion
≈ $119.85 Million		 +6.96%
2017-03-31 Rs10.36 Billion
≈ $112.05 Million		 +20.34%
2016-03-31 Rs8.61 Billion
≈ $93.11 Million		 +17.78%
2015-03-31 Rs7.31 Billion
≈ $79.06 Million		 +4.72%
2014-03-31 Rs6.98 Billion
≈ $75.49 Million		 +11.08%
2013-03-31 Rs6.28 Billion
≈ $67.96 Million		 +19.82%
2012-03-31 Rs5.24 Billion
≈ $56.72 Million		 +49.02%
2011-03-31 Rs3.52 Billion
≈ $38.06 Million		 +22.26%
2010-03-31 Rs2.88 Billion
≈ $31.13 Million		 +0.97%
2009-03-31 Rs2.85 Billion
≈ $30.83 Million		 +31.52%
2008-03-31 Rs2.17 Billion
≈ $23.44 Million		 +17.94%
2007-03-31 Rs1.84 Billion
≈ $19.88 Million		 +97.99%
2006-03-31 Rs928.28 Million
≈ $10.04 Million		 0.00%
2005-03-31 Rs928.28 Million
≈ $10.04 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 Rs28.54 Billion 63.38%
Common Stock Rs401.70 Million 0.89%
Other Comprehensive Income Rs4.19 Billion 9.30%
Other Components Rs11.90 Billion 26.43%
Total Equity Rs45.04 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
GREEK O.FOOTB. ADR 1/2
F:GF8A
 $5.41 Billion
3Peak Inc
SHG:688536
 $5.41 Billion
HLB Co. Ltd
KQ:028300
 $5.41 Billion
Credit Acceptance Corporation
NASDAQ:CACC
 $5.41 Billion
TECHNOLOGY ONE LTD.
F:RW8
 $5.40 Billion
Keda Clean Energy Co Ltd
SHG:600499
 $5.40 Billion
Shanghai RAAS Blood Products Co Ltd Class A
SHE:002252
 $5.40 Billion
Casella Waste Systems Inc
NASDAQ:CWST
 $5.40 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 Rs8.21 Billion +18.24%
Dividends Paid Rs2.05 Billion -4.54%
Other Comprehensive Income Rs3.67 Billion +8.14%
Other Changes Rs-3.56 Billion -7.91%
Total Change Rs- 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: 11.10x
  • 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 371.82x to 11.10x 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 Rs33.46 Rs12442.00 x
2006-03-31 Rs33.46 Rs12442.00 x
2007-03-31 Rs56.84 Rs12442.00 x
2008-03-31 Rs67.03 Rs12442.00 x
2009-03-31 Rs87.98 Rs12442.00 x
2010-03-31 Rs86.58 Rs12442.00 x
2011-03-31 Rs108.66 Rs12442.00 x
2012-03-31 Rs137.35 Rs12442.00 x
2013-03-31 Rs162.76 Rs12442.00 x
2014-03-31 Rs180.84 Rs12442.00 x
2015-03-31 Rs189.56 Rs12442.00 x
2016-03-31 Rs229.36 Rs12442.00 x
2017-03-31 Rs269.24 Rs12442.00 x
2018-03-31 Rs289.60 Rs12442.00 x
2019-03-31 Rs314.19 Rs12442.00 x
2020-03-31 Rs304.80 Rs12442.00 x
2021-03-31 Rs368.24 Rs12442.00 x
2022-03-31 Rs448.21 Rs12442.00 x
2023-03-31 Rs584.39 Rs12442.00 x
2024-03-31 Rs996.46 Rs12442.00 x
2025-03-31 Rs1121.18 Rs12442.00 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 Rs222.53 Million
2006 33.97% 3.61% 1.62x 5.83x Rs222.53 Million
2007 26.40% 3.20% 1.85x 4.46x Rs301.42 Million
2008 22.17% 3.18% 1.57x 4.44x Rs263.78 Million
2009 -1.25% -0.13% 1.81x 5.11x Rs-319.93 Million
2010 -1.27% -0.13% 1.39x 6.78x Rs-315.40 Million
2011 27.33% 3.17% 1.54x 5.59x Rs608.99 Million
2012 13.96% 2.03% 1.27x 5.41x Rs207.07 Million
2013 17.47% 2.35% 1.43x 5.20x Rs467.87 Million
2014 12.88% 1.94% 1.54x 4.31x Rs200.28 Million
2015 6.78% 0.97% 1.73x 4.05x Rs-234.71 Million
2016 14.16% 2.40% 1.82x 3.25x Rs357.63 Million
2017 17.04% 3.65% 1.37x 3.40x Rs729.58 Million
2018 13.06% 2.49% 1.36x 3.85x Rs339.15 Million
2019 11.32% 1.71% 1.59x 4.18x Rs158.23 Million
2020 11.59% 1.82% 1.60x 3.99x Rs185.07 Million
2021 11.39% 2.51% 1.28x 3.55x Rs195.80 Million
2022 14.97% 2.76% 1.41x 3.85x Rs852.07 Million
2023 28.52% 4.45% 1.74x 3.67x Rs4.14 Billion
2024 21.29% 5.11% 1.68x 2.48x Rs4.37 Billion
2025 18.24% 4.42% 1.65x 2.50x Rs3.71 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: $2,824,180,708
  • Average return on equity (ROE) among peers: 11.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Apar Industries Limited (APARINDS) Rs48.53 Billion 33.97% 1.33x $5.40 Billion
Amara Raja Batteries Limited (ARE&M) $3.33 Billion 28.33% 1.54x $1.75 Billion
Bharat Bijlee Limited (BBL) $7.56 Billion 6.04% 0.64x $380.36 Million
CG Power and Industrial Solutions Limited (CGPOWER) $3.52 Billion 8.31% 2.86x $13.66 Billion
Cords Cable Industries Limited (CORDSCABLE) $1.05 Billion 5.81% 1.75x $26.33 Million
De Nora India Limited (DENORA) $359.43 Million 13.29% 0.35x $47.94 Million
Dynamic Cables Limited (DYCL) $412.85 Million 19.18% 3.26x $205.54 Million
Elin Electronics Limited (ELIN) $2.62 Billion 13.29% 0.94x $65.01 Million
Eveready Industries India Limited (EVEREADY) $4.44 Billion 10.44% 1.56x $253.75 Million
Exicom Tele-Systems Limited (EXICOM) $2.13 Billion 1.62% 2.18x $170.71 Million

About Apar Industries Limited

NSE:APARINDS India Electrical Equipment & Parts
Market Cap
$5.40 Billion
Rs499.77 Billion INR
Market Cap Rank
#3397 Global
#153 in India
Share Price
Rs12442.00
Change (1 day)
+0.90%
52-Week Range
Rs5590.50 - Rs12442.00
All Time High
Rs12442.00
Categories
Companies in India Electrical Equipment & Parts
About

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