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{{Short description|Indian multinational conglomerate}}
{{Use dmy dates|date=May 2025}}
{{Use Indian English|date=May 2025}}
{{Undisclosed paid|date=August 2025}}
{{Infobox company
| name = Apar Industries Limited
| logo =
| type = [[Privately held company|Private]]
| traded_as =
| ISIN = INE372A01015
| industry = Electrical conductors, wires and cables, oils and lubricants, polymers
| founded = {{Start year and age|1958}}
| founder = [[Dharmsinh Desai]]
| headquarters =
| key_people = {{ubl|Dharmsinh Desai (ex-chairman)|Kushal Desai (chairman and managing director)|Chaitanya Desai (managing director)}}
| products =
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| num_employees =
| website = {{URL|http://www.apar.com}}
| location =
| area_served = 140+ countries
}}

'''APAR Industries Limited''' ({{BSE|532259}}, {{NSE|APARINDS}}) is an Indian industrial company<ref>{{Cite web |title=APAR IND. Ltd |url=https://www.nirmalbang.com/Upload/Apar%20Ind.pdf |website=Nirmal Bang}}</ref> headquartered in [[Mumbai|Mumbai, India]].<ref>{{Cite web |title=Financial Statement Analysis: Case Study of Apar Industries |url=https://www.researchgate.net/publication/372461135_Financial_Statement_Analysis_Case_Study_of_Apar_Industries |website=Research Gate}}</ref><ref>{{Cite web |last=Balaji |first=Madhu |date=2024-03-29 |title=Apar Industries to establish its subsidiary in Saudi Arabia |url=https://www.thehindubusinessline.com/markets/stock-markets/apar-industries-to-establish-its-subsidiary-in-saudi-arabia/article68005637.ece |access-date=2025-01-25 |website=BusinessLine |language=en}}</ref><ref>{{Cite web |title=APR: Apar Industries Ltd Stock Price Quote - Natl India - Bloomberg |url=https://www.bloomberg.com/quote/APR:IN |archive-url=https://web.archive.org/web/20220812132358/https://www.bloomberg.com/quote/APR:IN |archive-date=2022-08-12 |access-date=2025-02-26 |website=Bloomberg.com |language=en |url-status=live }}</ref><ref>{{Cite web |title=Apar Industries Ltd. (532259) Stock Price Today |url=https://www.wsj.com/market-data/quotes/in/xbom/532259 |access-date=2025-02-26 |website=WSJ |language=en}}</ref> Founded in 1958 by [[Dharmsinh Desai|Dharamsinh D. Desai]], the company operates across industries including electrical conductors, cables, transformer oils, lubricants, telecom infrastructure, and automotive components.<ref>{{Cite web |title=Compounder moving up the value chain |url=https://bsmedia.business-standard.com/_media/bs/data/market-reports/equity-brokertips/2025-01/17367543880.36620100.pdf |website=Nuvama}}</ref><ref>{{Cite web |title=Nuvama initiates coverage on Apar Industries with Rs 12,700 target, calls it a compounder |url=https://economictimes.indiatimes.com/markets/stocks/news/nuvama-initiates-coverage-on-apar-industries-with-rs-12700-target-calls-it-a-compounder/articleshow/117205144.cms?from=mdr |archive-url=https://web.archive.org/web/20250113140800/https://economictimes.indiatimes.com/markets/stocks/news/nuvama-initiates-coverage-on-apar-industries-with-rs-12700-target-calls-it-a-compounder/articleshow/117205144.cms?from=mdr |archive-date=2025-01-13 |access-date=2025-10-30 |website=The Economic Times |language=en}}</ref><ref name=":0">{{Cite web |last=Paul |first=Sidhanth |title=APAR Industries: The Pickaxes and Tools Fueling Power Sector Growth |url=https://premium.capitalmind.in/2024/05/apar-industries-analysis/ |access-date=2025-01-25 |website=Capitalmind |language=en}}</ref><ref>{{Cite web |title=Fit for a king! |url=https://www.idbidirect.in/IDBIAdmin/Pdf/APR-MVN-170317_Retail-18-March-2017-423932045.pdf |website=Analyst report - IDBI}}</ref> It has been publicly listed on the [[Bombay Stock Exchange]] and the [[National Stock Exchange of India]] since 2004.<ref name=":2">{{Cite web |title=Fortune India 500 Ranking {{!}} Fortune India |url=https://www.fortuneindia.com/fortune-500/company-listing?query=Apar&year=2023 |access-date=2025-01-28 |website=www.fortuneindia.com |language=en}}</ref><ref>{{Cite web |title=Fortune India 500 Ranking {{!}} Fortune India |url=https://www.fortuneindia.com/fortune-500/company-listing?query=Apar&year=2024 |access-date=2025-01-28 |website=www.fortuneindia.com |language=en}}</ref><ref name=":7">{{Cite web |title=Apar Industries Q2 Results Live: Profit Rise by 11.47% YOY |url=https://www.livemint.com/companies/company-results/apar-industries-q2-results-live-profit-rise-by-11-47-yoy-11730265979309.html |website=mint|date=30 October 2024 |author1=Livemint }}</ref><ref>{{Cite journal |date=2023-07-18 |title=Financial Statement Analysis: Case Study of Apar Industries |journal=Asian Journal of Management Cases |language=EN |article-number=09728201231169131 |doi=10.1177/09728201231169131 |issn=0972-8201}}</ref>

== History ==
APAR Industries was incorporated in 1958 as Power Cables Pvt. Ltd. during India's [[History of India (1947–present)|post-independence]] electrification drive,<ref name=":0" /> initially manufacturing power transmission conductors with capital under ₹1 lakh.<ref name=":0" /> In 1968, the company launched its transformer oil, branded as POWEROIL, through a collaboration with U.S.-based Sunoil.<ref name=":0" />

The company expanded into the electrical and telecom cables market in 2008 by acquiring Uniflex Cables.<ref>{{Cite news |title=APAR Industries Ltd |url=http://bsmedia.business-standard.com/_media/bs/data/market-reports/equity-brokertips/apar_190111_03.pdf |work=Nirmal Bang}}</ref><ref name=":1">{{Cite web |date=2024-10-02 |title=The Transformer At Apar |url=https://www.fortuneindia.com/long-reads/the-transformer-at-apar/118609 |access-date=2025-01-25 |website=www.fortuneindia.com |language=en}}</ref><ref>{{Cite news |date=2011-05-30 |title=We have a proposal in place for merging Uniflex into Apar Industries: Kushal Desai, MD, Apar Industries |url=https://economictimes.indiatimes.com/opinion/interviews/we-have-a-proposal-in-place-for-merging-uniflex-into-apar-industries-kushal-desai-md-apar-industries/articleshow/8648520.cms?from=mdr |access-date=2025-01-28 |work=The Economic Times |issn=0013-0389}}</ref> In 2007–08, Apar entered a licensing agreement with Italy's [[Eni|Eni S.p.A.]] to produce and distribute automotive and industrial lubricants under the Eni brand in India. In 2022, actor [[Sonu Sood]] was appointed brand ambassador for its cable and wire products.<ref>{{Cite web |title=Apar signs MoU with ENI of Italy |url=https://www.autocarpro.in/news-national/apar-signs-mou-eni-italy-1116 |access-date=2025-01-28 |website=Autocar Professional |language=en}}</ref><ref>{{Cite news |last=Reporter |first=BS |title=Apar to launch AGIP lubricants - Video |url=https://www.business-standard.com/article/companies/apar-to-launch-agip-lubricants-video-107120500032_1.html |archive-url=https://web.archive.org/web/20170806084914/http://www.business-standard.com/article/companies/apar-to-launch-agip-lubricants-video-107120500032_1.html |archive-date=2017-08-06 |access-date=2025-01-28 |url-status=live }}</ref><ref>{{Cite web |title=Apar Industries in pact with Italy's ENI |url=https://www.reuters.com/article/business/autos-transportation/apar-industries-in-pact-with-italys-eni-idUSBMB000036/ |website=reuters |date=5 December 2007 }}</ref><ref>{{Cite web |last=Ghosh |first=Anupama |date=2024-09-03 |title=Apar Industries renews endorsement deal with actor Sonu Sood |url=https://www.thehindubusinessline.com/companies/apar-industries-renews-endorsement-deal-with-actor-sonu-sood/article68600471.ece |access-date=2025-01-25 |website=BusinessLine |language=en}}</ref>

== Operations ==
Its Conductor Division produces high-temperature, low-sag (HTLS) conductors and supplies conductors for railway electrification, including projects in India.<ref>{{Cite web |title=Apar Industries shares tank 20% on disappointing December quarter results |url=https://www.business-standard.com/markets/news/apar-industries-tanks-20-on-disappointing-december-quarter-results-125012800594_1.html}}</ref><ref name=":1" /><ref name=":0" /> The division has also developed and installed optical ground wire (OPGW) for telecommunications. As of 2024, the company reported having supplied conductors for over 35,000 kilometers of line globally and OPGW for over 10,000 route kilometers.<ref name=":0" />

The company's Transformer Oil business began production in 1968, making it one of the earliest producers in India. The division manufactures a range of products, including white oils and petroleum jelly, under the POWEROIL brand. According to company statements, it holds a significant share of the domestic market for transformer oils and has production facilities in India and the United Arab Emirates.<ref name=":0" /><ref name=":1" />

APAR's Cables Division was established following the acquisition of Uniflex Cables in 2008.<ref name=":1" /> It operates plants in Gujarat that produce high-tension and rubber cables.<ref>{{Cite web |last1=Ksheerasagar |first1=A. |date=7 November 2024 |title=Nomura initiates coverage on CG Power, GE Vernova and Apar Industries with 'buy' rating, sees up to 49% upside |url=https://www.livemint.com/market/stock-market-news/nomura-initiates-coverage-on-cg-power-ge-vernova-and-apar-industries-with-buy-rating-sees-up-to-49-upside-11730960805066.html |website=Mint}}</ref> A portion of its production is exported to markets in the Middle East and Africa.<ref name=":1" /> In 2023, the division was recognized with an award at the India Wind Energy Leadership Awards.<ref>{{Cite web |last=www.ETBrandEquity.com |title=Apar Industries honours electricians with latest ad - ET BrandEquity |url=https://brandequity.economictimes.indiatimes.com/news/advertising/apar-industries-honours-electricians-with-latest-ad/115168737 |access-date=2025-01-25 |website=ETBrandEquity.com |language=en}}</ref>

Other divisions include a Telecom Division, which focuses on connectivity infrastructure for networks and data centers, and ARKOS, a Singapore-based subsidiary launched in 2018 that manufactures batteries and tires for electric vehicles.<ref name=":0" />

== CSR ==

=== Healthcare ===

* Dharmsinh Desai Methodist Memorial Hospital (DDMM)<ref name=":6">{{Cite web |last= |title=CSR |url=https://apar.com/csr/ |access-date=2025-02-26 |website=Apar |language=en-US}}</ref>
* Mobile Medical Unit (MMU)<ref name=":6" />

=== Education ===

* Dharmsinh Desai University (DDU)<ref name=":6" />
* [[Dr. N.D. Desai Faculty of Medical Science and Research, Nadiad|Dr. N. D. Desai Faculty of Medical Science and Research]]<ref name=":6" />
* Govardhan Skill Center (GSC)<ref name=":6" />
* Sister Nivedita School on Wheels<ref name=":6" />

=== Gender Equality ===

* Adruta Children Home<ref name=":6" />

== References ==
{{Reflist}}

[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Conglomerate companies of India]]
[[Category:Manufacturing companies of India]]
[[Category:Companies based in Mumbai]]
[[Category:Privately held companies of India]]
[[Category:Companies established in 1958]]
[[Category:1958 establishments in India]]

Apar Industries - Revision history

Bhatti21: Started A Info