Apar Industries Share Price Hits All-Time High as Company Targets Higher Profit Growth Over the Next 4-5 Years

Apar Industries share price remained in focus on June 11 after the company outlined its long-term growth strategy, targeting at least a doubling of profits over the next 4-5 years through capacity expansion, growth in its cable business and increasing opportunities in the U.S. market and data centre infrastructure.  

The stock also touched a fresh all-time high and 52-week high during the session with significant volume surge. 

Apar Industries Share Price Hits Fresh All-Time High 

Apar Industries share price touched a fresh all-time high and 52-week high of ₹14,970, just ₹30 short of the ₹15,000 mark. As of 2:34 PM on June 11, the stock was trading at ₹14,665, up ₹590.20 or 4.19% on the NSE. 

The stock witnessed a volume spurt of more than 1.05 times, while the company's market capitalisation stood at ₹58,906.83 crore. 

Apar Industries Targets Profits Growth in 4-5 Years 

Chairman and Managing Director Kushal Desai said Apar Industries expects its profits to at least double over the next 4-5 years, supported by capacity expansion, growth in the cable segment, increasing presence in the U.S. market and higher investments in power transmission and data centre infrastructure. 

The company, which reported revenue of around ₹23,500 crore in the last financial year, is targeting annual revenue additions of ₹4,000-5,000 crore through a combination of organic growth and new capacities. The management is aiming for annual growth of at least 15% over the coming years. 

Capacity Expansion to Support Growth 

Apar Industries is increasing investments to support its next phase of expansion. After investing around ₹700 crore in the previous year, the company plans to invest another ₹1,500 crore over the next 18 months, taking the total planned investment to around ₹2,200 crore. 

More than half of the planned capital expenditure is being allocated towards expanding cable manufacturing capacity, with the company targeting around 25% annual growth in its cable business over the next 5 years. 

U.S. Market and Data Centres Offer Growth Opportunities 

The U.S. market remains a key focus area for Apar Industries. The company generated around ₹1,600 crore in revenue from the U.S. last year and expects its presence to strengthen further as investments in power transmission and distribution infrastructure increase. 

The company also expects to benefit from the expansion of AI-driven data centres, which require significant investments in transmission networks, fibre-optic connectivity, and specialised conductors for power evacuation. 

Premium Conductors Continue to Support Business 

Apart from cables, Apar Industries expects its conductor business to remain an important contributor. According to the management, premium products such as high-temperature low-sag (HTLS) conductors and other specialised solutions continue to support profitability while meeting the increasing demand for power transmission upgrades. 

Conclusion 

Apar Industries is targeting long-term growth through capacity expansion, cable business investments and increasing opportunities in power infrastructure and data centres. On June 11, Apar Industries share price hit a fresh all-time high and 52-week high as investors tracked the company's expansion plans and growth outlook. 

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