Apar Ind.........cmp..Rs .141.00.......A Gem in Making....

Friends,
I have written that SRF Ltd is a multibagger in making.I have read somewhere that one of the stock market gr has come out with a buy report on SRF Ltd.

• I have no doubt in my mind that SRF Ltd is a multibagger in making along with some other calls like Lumax Ind,Kalyani Forge,Tin Plate which I have mentioned here , not to mention TRF which I wrote here that it is a buy even at Rs 337 and it is XB now and the price is Rs 450.Hence even if someone sells now the original holding he still remains in profit and still have Bonus FREE...

Well, I am today here for writing on Apar Ind.I have mentioned this stock many times here as a BUY.I do not know anyone was convinced about this co and gohead and bought it.When I started recomending it here it was around 70.It has already doubled.
I know many readers just waits for more I write on certain stocks and only then they will buy.But that is not possible for me ,to write in detail on every stock.

Here is some snap shot of Apar Ind.

Read on:


Apar Industries Limited, founded by Late Mr. Dharmsinh D. Desai in the year 1958 is one among the best established companies in India operating in the diverse fields of electrical, metallurgical and chemical engineering. Over the ensuing years it has evolved to be a 500 million US Dollar diversified company offering value added products and services in Power Transmission Conductors and Petroleum Specialities.
A technology – driven and customer – focused vendor to some of the most brand-enhancing power companies in India and abroad, Apar has strengthened the business of its customers through proactive product development, timely product delivery and superior product attributes by reinforcing product innovation, cost leadership and premium quality and living its vision ‘Tomorrow’s Progress Today’ resulting in Reliability, Respect, Reputation and Repeat business across manufacture of Speciality Oils and Power Conductors.


Apar Industries Ltd. headquartered in Mumbai, India with production facilities spread across Rabale (Maharashtra), Silvassa (Union Territory of Dadra Nahar Haveli) and Nalagarth (Himachal Pradesh).
Apar’s Conductor Division started in 1958 with the technical know–how from Alcan (Canada) and Properzi (Italy) is the largest producers of POWERLINE Aluminium and Alloy Conductors, in Asia, with strategic partnership and supply relationships with the top EPC Contractors in the World. The aluminium conductor division manufactures all types of bare overhead aluminium conductors and GS earth wires.
Apar’s Speciality Oil business established in 1969 with the technical know-how from Sun Oil Company (USA) is a pioneer and largest producers of POWEROIL Transformer Oils in Southeast Asia. The division has five diversified product lines – Transformer Oils, White Oils & Liquid Paraffins, Industrial & Automotive Oils and lubricants, Rubber Process Oils and Ink Oils.
In the year 2007-08 Apar established a strong foundation for Automotive Lubricants under a license agreement with ENI of Italy to manufacture and market high-end automotive and speciality industrial lubricants under the AGIP brand in India.
Recently, Apar acquired a strategic stake in Uniflex Cables Ltd. a manufacturer of wide range of power and telecom cables, listed on BSE.
Over the last few years, Apar graduated to the hub-and-spoke model setting up storage distribution and processing facilities in Sydney (Australia), Gebze (Turkey) and Durban (South Africa), significantly improving our proximity to consuming global markets.
All of Apar's manufacturing facilities are accredited with ISO 9001 - 2000 & ISO 14001 - 2004 Quality Management Systems.
Apar Industries Ltd., a dynamic proxy of the Indian power sector’s growing potential deriving around 75 % of its revenues from this industry through key building blocks, aims to graduate from being a participant in India’s infrastructure growth to an infrastructure driver in the world’s second fastest growing economy.


Aluminium Conductors

Located at Silvassa ( D.N.H ) and Nalagarh ( Himachal Pradesh ), APAR is the second largest producer of Aluminium Conductors in India with 23 % market share and among the top five in the world. Leadership reflected in capacity expansion of aluminum conductors including alloy rods from 54,820 TPA in 2004-05 to 82,840 TPA in 2007 – 08 to emerge as the world’s fifth largest in this line of business.
APAR’s competence is derived from five decades of experience and insight into the product industry, manifested in an ability to presage product developments, evolution of customer needs, insights into technologies, global shift in supply, consumption of customer growth plans, forming a significant body of intellectual capital and a formidable competitive barrier.
Aluminium alloy rod and conductors were developed first in India by Apar through its own R&D initiatives. Factors that enabled Apar to emerge as the lowest – cost producer of aluminium conductors in the world include increase in the installed capacity, strategic location of manufacturing facilities in favorable geographies, tax jurisdictions, backward integration and increased productivity. Apar’s backward integration enables it to make complete range of aluminium conductors by altering chemical properties at the alloying stage and tailoring products to match customer needs.
Apar manufactures a full range of POWERLINE brand:
• EC Grade Aluminum Wire Rods,• Aluminum Alloy Wire Rods (6201 Alloy Rod in T-4 & M temper - online solutionied)• AAC (All Aluminium Conductors), • ACSR (Aluminium Conductor Steel Reinforced), • ACSR/AW (Aluminium Conductor Aluminium Clad Steel Reinforced), • AACSR (Aluminium Alloy Conductor Steel Reinforced), • AACSR/AW (Aluminium Alloy Conductor Clad Steel Reinforced)• AAAC (All Aluminium Alloy Conductors), • High Temperature Low Sag (HTLS) TACSR Conductors,• High Conductivity Alloy conductors AL-59 etc.• ACAR (Aluminium Conductor Alloy Reinforced)• Guy Wire / Stay Wire / Galvanized Steel Earth Wire (GSW)• Mechanical Grade Alloy Wire Bundles (T – 81 temper)
Over the years Apar has strengthened its product mix through a shift from AAC and ACSR to value added alloy based conductors. These high temperature conductors are capable of carrying up to 50 % additional power load compared with the other varieties which can substitute creation of parallel transmission lines in land- starved pockets, saving sizable capital investments.
Being the largest exporter of aluminium conductors from India, Apar has earned superior brand recognition and approval status among customers and utilities in India and other developing economies. It is recognized as a registered export house by the Indian Ministry of Commerce, exporting directly to power utilities in Asia, Africa, Europe, the Middle East and the US, along with reputed international turnkey contractors.
Apar enjoys the reputation of being a reliable long-term supplier in a market marked by fluctuating raw material availability and cost spikes. It supplies to all the top 25 turnkey operators in the world and also to all the leading utilities in Asia and Africa.
Admitted as a member of the standardizing committee formed by the Bureau of Indian Standards, Government of India for preparing National Standards ( ISI ) for the transmission & distribution conductors up to 800 KVA and the standardizing committee formed by the Rural Electrification Company Ltd., Government of India. Nominated twice ( consecutively ) to represent India as a national delegate in the Technical Committee of IEC in New Delhi and Kyoto.Conducted independent type tests successfully at internationally approved testing laboratories in NETFA -South Africa, CESI - Italy, EDF - France, ERDA - Vadodara, India, NSIC - Kolkatta, India, CPRI -Bangaluru, India and Tag Corporation - Chennai, India for conductors of 500 kV HVDC & 800 kV AC transmission system and also for distribution conductors of Metropolitan Electricity Authority, Bangkok.

My Comments:

Apar Ind has a turnover of Rs 2500 cr ,means $500 millions.The Mcap of Apar Ind is 450 cr and hence we can say that a 2500 cr co is available at just 1/5 price. A co which is a dominant player in Speciality Oils, Transformers, Cables,Aluminium Conductors is going abegging.One can buy this company doling out Rs.450 cr and he becomes the owner of 2500 cr turnover co.....Isn't that is great buy....?

It is definately a great buy even at this level as almost 64% of the stake is held by promoters and 27% is held by private corporate bodies.Means total 91% stake is with promoters and big institution.So what is left with Public?Only 9%......and I think I have not to write what one needs to do now with Apar Ind.It is a Screaming BUY.........Promoters has increased the stake in last few qr.

The June qr results has come fentestic with an qr eps of 7....