Apar Industries Company Description: Products,Promoters and Clients
Apar Industries Ltd Company Description:
Apar Industries Limited (Apar), established in 1958, is an Indian company that makes and sells conductors, cables, specialty oils, polymers, and lubricants. It has several segments: Conductor, Transformer & Specialty Oils, Power Telecom Cables, and others. In its specialty oil division, Apar offers four main types of products: transformer oils, white oils (liquid paraffin), petroleum jelly, and process oils. Apar has manufacturing plants in Maharashtra, Gujarat, Orissa, and Dadra & Nagar Haveli.
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
Q1.What are the Products and Service offerings of Apar Industries Ltd ?
1.Conductors:
- One of the largest global manufacturers, specializing in turnkey solutions for reconductoring with HEC and live line installation with OPGW.
- Developed aluminum CTC, PICC, and bus bars for commercial sale in India.
- Pioneered copper-magnesium conductors meeting R.D.S.O. specifications.
- Technology collaboration with CTC-Global, USA, for ACCC conductors.
2.Specialty Oils:
- Third-largest global manufacturer of T-oils, compliant with new corrosive sulfur standards.
- First globally to supply the complete range of T-oils compliant with these standards.
- First in India with T-oils approved for ultra-high voltage transformers.
- Production capacity of over 750,000 KL in India and 175,000 KL in UAE.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
3.Lubricants:
- Leading domestic player in auto lubes with a licensing agreement for ENI brand from Italy.
- Offers over 150 BIS-certified grades, including affordable, high-quality products for the injection molding industry.
4.Cables:
- Among the world’s largest manufacturers of specialized cables and a significant exporter.
- First Indian player to develop guidance OFC for torpedoes and tether cables for surveillance systems.
- Entered the EV segment with specialized wiring and wiring harness solutions.
Segment Revenue FY24:
- Conductors: 48%
- Specialty Oils: 23%
- Lubricants: 6%
- Cables: 23%
Also Read: Kirloskar Electric Company Ltd. Company Profile: Products, Promoters and Clients
Q2.Who are the Promoters of the Company?
Mr. Kushal Desai: Chairman and Managing Director
Mr. Kushal Desai is currently Chairman & Managing Director of APAR Industries Ltd. He has a Bachelor of Science degree in Electrical Engineering from the Moore School of Electrical Engineering and a Business degree from the Wharton School, both of which are part of University of Pennsylvania.
Mr. Chaitanya Desai: Managing Director
Mr. Chaitanya Desai is currently the Managing Director of APAR Industries Limited, the world’s largest manufacturer of aluminium and alloy conductors. He has a Bachelor of Science (Hons.) degree in Chemical Engineering from the University of Pennsylvania and a Bachelor of Science degree in Economics (Hons.) from the Wharton Business School.
Q3.Who are the Clients of the Company?
The company serves its client across its area of operations through : Power Oil, Power Oil Ad blue, Bolt, Aparprene, Apar Shakti, Apar Anushakti, Apar Mahashakti etc.
Also Read: A. K. Capital Services Ltd Company Profile: Products, Promoters and Clients