Apar Industries - Cables, Conductors To Drive Next Leg Of Growth: Nirmal Bang

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Nirmal Bang Report.We spoke to the management of Apar Industries Ltd. as part of our virtual Investor Conference to gain insights into the current business environment, demand trends, commodity costs and supply chain headwinds, besides the company’s business outlook going ahead. The management highlighted that the demand scenario over the next couple of years remains strong, particularly for the cables and conductors segments. Apar Industries expects to clock 10-15% volume compound annual growth rate in the conductors segment over the next couple of years. The company expects to clock 25-30% revenue CAGR in the cables segment over the next couple of years. Apar Industries has the highest number of underwriter laboratories certificates of compliance from India for the sale of cables in the U.S. market. We believe that export of cables, particularly to the U.S. market, is likely to drive growth in the cables segment over the next decade (as U.S. imports $20 billion worth of cables annually). Further, Apar Industries’ margin profile is likely to improve significantly as the share of cables (which is a margin-accretive business) increases..Click on the attachment to read the full report:.Understanding ‘Bisleri’ And The Beverages Industry: Nirmal Bang.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Apar Industries - Cables, Conductors To Drive Next Leg Of Growth: Nirmal Bang

Apar Industries’ margin profile is likely to improve significantly as the share of cables increases.

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