Apar Industries Ltd.

Financial

	Apar Inds	KEI Industries	Polycab India
Operational Metrics
Chemical Sector
EBITDA/tonne- Conductors	43688.0 Rs/Tonne	n/a	n/a
Engineering & Capital Goods
Sales Volume - Conductors	57132.0 MTPA	n/a	n/a
Annualized Order Inflows	12540.0 Crs	n/a	n/a
Realization/Unit - Conductors	487467.62 Rs/MT	n/a	n/a
Oil Refining Sector
EBITDA/KL- Transformer Oil	7004.0 Rs/KL	n/a	n/a
Realization/KL - Transformer Oil	84416.41 Rs/KL	n/a	n/a
Quarterly Sales Volume - Transformer Oil	149497.0 KL	n/a	n/a
Realization/Litre - Lubricants	135.29 Rs/Litre	n/a	n/a
Quarterly Sales Volume - Lubricants	17.81 Mn Litre	n/a	n/a
Infrastructure
Order Book as a % of Sales	69.83 %	38.72 %	n/a
Financials
5 yr Average ROE	18.9 %	16.35 %	19.29 %
5yr average Equity Multiplier	3.21	1.51	1.42
5yr Average Asset Turnover Ratio	1.55	1.59	1.51
5yr Avg Net Profit Margin	3.85 %	6.85 %	9.08 %
Price to Book	7.64	6.3	10.67
P/E	39.05	49.15	47.31
5yr Avg Cash Conversion Cycle	110.68 Days	93.71 Days	68.67 Days
Inventory Days	67.37 Days	59.98 Days	67.45 Days
Days Receivable	78.48 Days	62.14 Days	37.82 Days
Days Payable	46.68 Days	37.62 Days	28.3 Days
5yr Average Interest Coverage Ratio	3.17	15.4	25.35
5yr Avg ROCE	32.43 %	23.06 %	24.94 %
5yr Avg Operating Profit Margin	7.86 %	10.38 %	12.59 %
5 yr average Debt to Equity	0.14	0.09	0.02
5yr CAGR Net Profit	38.61 %	20.91 %	18.02 %
5yr Average Return on Assets	6.15 %	10.88 %	13.56 %
Shareholdings
Promoter Holding	57.77 %	35.02 %	63.01 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-2.87 %	-3.0 %	-4.98 %
Change in Mutual Fund Holding (3 Yrs)	3.01 %	6.83 %	0.84 %

Business

	Apar Inds	KEI Industries	Polycab India
Product Wise Break-Up	Product Wise Break-Up Conductor 50.95 Power/Telecom Cables 25.96 Transformer & Specialty Oils 23.09 HW/WW 0 EPC 0 SS Wire 0 EHV 0 HT Cable 0 LT Cable 0 Fast moving electrical goods (FMEG) 0 Wires & Cables 0	Product Wise Break-Up Conductor 0 LT Cable 39.93 Transformer & Specialty Oils 0 Power/Telecom Cables 0 SS Wire 1.96 HT Cable 18.48 HW,WW 32.42 Fast moving electrical goods (FMEG) 0 EPC 2.35 EHV 4.85 Wires & Cables 0 Others 0.01	Product Wise Break-Up Conductor 0 LT Cable 0 Transformer & Specialty Oils 0 Power/Telecom Cables 0 SS Wire 0 HT Cable 0 HW/WW 0 Fast moving electrical goods (FMEG) 7.53 EPC 5.76 EHV 0 Wires & Cables 86.71
Location Wise Break-Up	Location Wise Break-Up India 68.4 Rest of the World 31.6	Location Wise Break-Up Rest of the World 13.0 India 87.0	Location Wise Break-Up Rest of the World 5.67 India 94.33
Operating Profit Break-Up	Operating Profit Break-Up Conductor 49.9 Wire & Cables 28.34 Transformer & Specialty Oils 20.96 EPC Projects 0 Stainless Steel Wire 0 Cables 0 EPC 0 FMEG 0 Wires & Cables 0 Others 0.8	Operating Profit Break-Up Conductor 0 FMEG 0 Transformer & Specialty Oils 0 EPC Projects 2.84 Stainless Steel Wire 1.51 Cables 95.65 EPC 0 Wires & Cables 0 Wire & Cables 0	Operating Profit Break-Up Conductor 0 FMCG 1.19 Transformer & Specialty Oils 0 EPC Projects 0 Stainless Steel Wire 0 Cables 0 EPC 3.33 Wires & Cables 95.49 Wire & Cables 0
Asset Break-Up	Asset Break-Up India 95.39 EPC Projects 0 Stainless Steel Wire 0 Cables 0 Others 4.61	Asset Break-Up Cables 69.26 EPC Projects 5.81 Stainless Steel Wire 1.23 India 0 Others 23.7	Asset Break-Up Cables 0 EPC Projects 0 Stainless Steel Wire 0 India 0 Others 100

Apar Industries Ltd.

SIGN UP FOR FREE