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Apar Industries APARINDS

Data Center / AI Infrastructure: Power cables, conductors and transformers for DC campus grid connectivity

Mapped in 2 themes: Data Center / AI Infrastructure and Solar Module Manufacturing (ALMM).

From publicly available information

Where Apar Industries sits in the supply chain

Apar Industries appears in 2 supply-chain layers across 2 themes: Data Center / AI Infrastructure and Solar Module Manufacturing (ALMM).

Data Center / AI Infrastructure › Structured & Power Cabling

Direct supplier

Power cables, conductors and transformers for DC campus grid connectivity

Other companies in this layer

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Solar Module Manufacturing (ALMM) › Mounting, Trackers & BOS Cabling

Indirect supplier

Conductors and specialty solar cabling for mounting/BOS, alongside its core transformer and conductor business

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Revenue and profit

₹ CrFY24FY25FY26
Revenue16,15318,58122,902
Net profit825821977

Latest-year revenue ₹22,902 Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths · in Data Center / AI Infrastructure

  • A leading conductor and specialty-cable exporter with a long multi-decade track record selling into global utility and industrial grid-connection projects

Risks · in Data Center / AI Infrastructure

  • Order book spans utility, industrial and DC customers - DC-specific share is undisclosed

Common questions

What does Apar Industries do?

In Data Center / AI Infrastructure: Power cables, conductors and transformers for DC campus grid connectivity. NextResearch maps it in 2 supply chains: Data Center / AI Infrastructure and Solar Module Manufacturing (ALMM).

Where does Apar Industries sit in the supply chain?

Apar Industries (NSE: APARINDS) is mapped in 2 supply-chain layers: Structured & Power Cabling (Data Center / AI Infrastructure); and Mounting, Trackers & BOS Cabling (Solar Module Manufacturing (ALMM)).

Who are Apar Industries' peers?

In the Structured & Power Cabling layer of Data Center / AI Infrastructure: Polycab India, KEI Industries and Finolex Cables.

What is Apar Industries' market cap and valuation?

As of 30 Oct 2026: market cap ₹65,707 Cr, P/E 46.9x, ROCE 31.8%, ROE 20.3%, dividend yield 0.38%.