Apar Industries is one of the leading players in the automobile industry and has been making significant contributions to the Indian economy. The company’s share price has been a topic of interest for investors, as they look to determine its growth potential and whether it is a good stock to buy. In this article, we will be exploring the Apar Industries share price target from 2023 to 2030, to give investors an idea of what to expect in the future. We will take a closer look at the company’s performance, its current market position, and the factors that are likely to influence its share price. With the help of this information, investors will be able to make an informed decision about whether Apar Industries is a good auto stock to buy in the coming years.
About the Company
Apar Industries is a renowned industrial giant in India and is part of the diversified Apar Group. The company manufactures and supplies an array of chemicals, engineering products, and services. It is based in Mumbai and has its manufacturing sites in Gujarat, Maharashtra, Karnataka, and Goa. Apar Industries is committed to providing superior quality products and services and is ISO certified. It also has a dedicated R&D team and is focused on sustainability. It is a prominent supplier of chemicals, engineering products, and raw materials to many sectors including automotive, healthcare, food and beverage, logistics, infrastructure, renewable energy, and agri-business. The company is known for its quality, technology, innovation, and sustainability.
Stock history of Apar Industries
Apar began trading on the Bombay Stock Exchange (BSE) in August 1991, and has since become a leading player in the electrical equipment market in India. Over the past two decades, Apar has grown significantly, expanding its product range and customer base to meet the needs of a wide variety of customers. Apar has had a volatile stock history, with the stock price ranging from a low of around Rs. 30 per share in 1992 to a high of around Rs. 560 per share in 2010. Since then, the stock has gained momentum and is currently trading at Rs. 1932.
Latest news about Apar Industries
- Apar Industries achieves an all-time high due to its promising future prospects, marking a remarkable 200% increase from its low point in January. In Q1FY24, the company reported a significant year-on-year surge of 61% in its profit after tax, amounting to Rs 197 crore.
- Nirmal Bang anticipates a 31.5% year-on-year rise in Apar Industries’ Profit After Tax (PAT) for Q1, reaching Rs. 161 crore. The projected Net Sales indicate an expected YoY growth of 22.8% (with a quarter-on-quarter decrease of 7.1%), amounting to Rs. 3,798.9 crore.
- Apar Industries experiences an 18% decline due to profit booking after releasing its Q4 results.
How to buy Apar Industries shares?
- Open a demat and trading account: To buy Apar Industries shares, you will first need to open a demat and trading account with a broker.
- Fund your account: Once you have opened the account, you will need to fund it with the money that you want to invest in Apar Industries shares.
- Search for Apar Industries: You can search for Apar Industries using the search bar on the broker’s website or trading platform.
- Place the order: Once you have found the Apar Industries shares, you can place the order to buy the shares.
- Monitor the stock: After you have placed the order, you can monitor the stock performance to track its progress.
You can also buy shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Apar Industries: 2023 to 2030
Share Price Target 2023 of Apar Industries is ₹5,061.82
| When | Maximum Price | Minimum Price |
| August 2023 | ₹4,851.00 | ₹4,410.00 |
| September 2023 | ₹4,962.57 | ₹4,511.43 |
| October 2023 | ₹4,818.03 | ₹4,380.03 |
| November 2023 | ₹4,914.39 | ₹4,467.63 |
| December 2023 | ₹5,061.82 | ₹4,218.19 |
Apar Industries’ share price is expected to reach ₹5,061.82 by 2023, based on the company’s strong financial performance, steady growth in its core business, and expected entry into new business segments. With the company’s focus on operational efficiency and product innovation, it is likely to capitalize on the increasing demand for its products, as well as benefit from its collaborations with top global players. In addition, the company’s strong balance sheet and healthy capital structure will support its growth trajectory and further enhance its shareholders’ value.
Share Price Target 2024 of Apar Industries is ₹6,578.69
| When | Maximum Price | Minimum Price |
| January 2024 | ₹5,328.24 | ₹4,633.25 |
| February 2024 | ₹5,791.56 | ₹5,036.14 |
| March 2024 | ₹5,850.06 | ₹5,087.01 |
| April 2024 | ₹5,318.24 | ₹4,624.55 |
| May 2024 | ₹4,431.86 | ₹3,853.80 |
| June 2024 | ₹5,318.24 | ₹4,624.55 |
| July 2024 | ₹4,520.50 | ₹3,930.87 |
| August 2024 | ₹4,972.55 | ₹4,323.96 |
| September 2024 | ₹5,221.18 | ₹4,540.16 |
| October 2024 | ₹6,142.56 | ₹5,341.36 |
| November 2024 | ₹6,449.69 | ₹5,608.43 |
| December 2024 | ₹6,578.69 | ₹5,720.60 |
The Apar Industries share price target for 2024 presents a highly volatile and optimistic outlook for investors. The table above displays the minimum and maximum prices for each month of the year 2024. The highest price for the year is recorded in December, reaching a maximum of ₹6,578.69 while the lowest price of the year is recorded in May, at ₹4,431.86. This wide range of prices highlights the potential for significant growth, but also the risks involved in investing in Apar Industries during this time period. Overall, the Apar Industries share price target for 2024 presents both opportunities and challenges for potential investors.
Share Price Target 2025 of Apar Industries is ₹7,980.05
| When | Maximum Price | Minimum Price |
| January 2025 | ₹6,710.26 | ₹5,161.74 |
| February 2025 | ₹7,063.43 | ₹5,433.41 |
| March 2025 | ₹7,416.60 | ₹5,705.08 |
| April 2025 | ₹6,621.97 | ₹5,093.82 |
| May 2025 | ₹6,019.97 | ₹4,630.75 |
| June 2025 | ₹6,621.97 | ₹5,093.82 |
| July 2025 | ₹6,306.64 | ₹4,851.26 |
| August 2025 | ₹6,569.41 | ₹5,053.39 |
| September 2025 | ₹6,897.88 | ₹5,306.06 |
| October 2025 | ₹7,311.76 | ₹5,624.43 |
| November 2025 | ₹7,823.58 | ₹6,018.14 |
| December 2025 | ₹7,980.05 | ₹6,138.50 |
Apar Industries is expected to have a bullish outlook for 2025, with a predicted growth percentage of around 20-30%. The share price target for 2025 ranges from a minimum of ₹6,710.26, in January 2025 to a maximum of ₹7,980.05 in December 2025. The company’s share price is expected to experience fluctuations throughout the year, but overall the trend is positive.
Investors can expect the share price to reach its maximum in December 2025, with a price of ₹7,980.05 . The minimum price of the year is expected in May 2025, with a price of ₹6,019.97. Overall, the year 2025 presents a positive scenario for Apar Industries’ share price, with a steady increase throughout the year.
Apar Industries Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹5,586.04 | ₹3,910.22 |
| 2027 | ₹4,748.13 | ₹3,323.69 |
| 2028 | ₹8,546.63 | ₹5,982.64 |
| 2029 | ₹17,556.11 | ₹12,289.28 |
| 2030 | ₹19,551.12 | ₹13,685.79 |
Apar Industries is expected to have a mixed outlook for the next seven years, with varying growth percentages and share price targets. The year 2026 is expected to have a maximum price of ₹5,586.04 and a minimum price of ₹3,910.22. The following year, 2027, is expected to have a bearish trend with a maximum price of ₹4,748.13 and a minimum price of ₹3,33.69. However, 2028 is expected to have a bullish trend with a maximum price of ₹8,546.63 and a minimum price of ₹5,982.64. This bullish trend continues in 2029 with a maximum price of ₹17,556.11 and a minimum price of ₹12,289.28. The year 2030 is expected to have a maximum price of ₹19,551.12 and a minimum price of ₹13,685.79 . Overall, the next seven years present a mixed outlook for Apar Industries’ share price, with both bullish and bearish trends expected.
Financial Condition of Apar Industries: Last 5 years
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales(Rs crore) | 7,964 | 7,425 | 6,388 | 9,317 | 14,352 |
| Expenses(Rs crore) | 7,472 | 6,930 | 5,948 | 8,739 | 13,085 |
| Oper. Profit(Rs crore) | 491 | 495 | 440 | 578 | 1,267 |
| OPM (%) | 6% | 7% | 7% | 6% | 9% |
| Other Income(Rs crore) | 15 | 15 | 19 | 33 | 36 |
| Interest(Rs crore) | 223 | 254 | 157 | 171 | 344 |
| Depreciation(Rs crore) | 67 | 87 | 93 | 98 | 104 |
| PBT(Rs crore) | 216 | 169 | 208 | 342 | 855 |
| Net Profit(Rs crore) | 135 | 160 | 257 | 638 | 713 |
| EPS (Rs) | 35.55 | 35.32 | 41.94 | 67.09 | 166.64 |
The financial performance of the company over the last five years illustrates a dynamic journey of growth and resilience. Apar Industries has consistently demonstrated an upward trend in sales, with a substantial increase from Rs 7,964 crore in fiscal year 2019 to an impressive Rs 14,352 crore in fiscal year 2023. Despite variations in expenses, the company has managed to maintain a steady operating profit margin (OPM %) within the range of 6% to 9%.
This financial stability is further reinforced by the notable rise in operating profit, culminating in a substantial Rs 1,267 crore in the most recent fiscal year. The consistent increase in net profit, which surged from Rs 135 crore to Rs 713 crore during this period, is particularly remarkable. This financial success is mirrored in the earnings per share (EPS), which grew from Rs 35.55 in fiscal year 2019 to an impressive Rs 166.64 in fiscal year 2023. The company’s consistent dividend payout ratio showcases its commitment to shareholders, ranging from 22% to 27%.
This steadfast financial trajectory underscores Apar Industries’ strategic resilience in navigating market dynamics while fostering growth and financial strength.
FAQS
Will the share price of Apar Industries increase in 2023?
It is anticipated that Apar Industries per share price will increase to ₹5,061.82 by the end of 2023.
What is the share price target of Apar Industries for 2025?
The share price target of Apar Industries for 2025 might be around ₹7,980.05
What is the share price target of Apar Industries for 2030?
The per share price of Apar Industries might reach around ₹19,551.12 by the end of 2030.
Also read:
Hindustan Unilever Share Price Target: 2023 to 2030.
Bank of India Share Price Target: 2023 to 2030.
Dabur India Share Price Target: 2023 to 2030.
Apar Industries Share Price Target By Expert:
In its research report dated June 14, 2023, Prabhudas Lilladher expresses a positive outlook for Apar Industries, offering a buy recommendation for the stock. They have set a target price of Rs 3725.
Points To Keep In Notice While Investing In Apar Industries Shares:
- Anticipations are positive for the upcoming quarter’s performance of the company.
- Over the past five years, the company has achieved commendable profit growth at a compounded annual growth rate (CAGR) of 35.1%.
- The company has consistently maintained a robust dividend payout ratio of 23.0%.
- Notably, the company’s working capital requirements have undergone a reduction from 27.6 days to 21.9 days.
- The stock is currently trading at a valuation of 8.56 times its book value.
Conclusion
The Apar Industries share price is expected to rise steadily over the next seven years, with an expected target of Rs. 10,000 by the end of the year 2030. This is supported by the company’s strong fundamentals and consistent growth in the industrial sector. This bodes well for investors looking to gain exposure to this sector, as the company is well-positioned to benefit from the growth of the industry. Furthermore, the company’s dividend policy is likely to provide investors with an attractive income stream, while the potential for capital appreciation is an added bonus. With this in mind, Apar Industries is likely to be an attractive long-term investment over the next seven years.
Hello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.
