By FMTeam Right here in India, there are niche markets for things like cables, specialty oils, polymers, and lubricants, and if you’re looking forward to investing in the top-ranking companies in these niches, you’ll certainly come across the name of Apar Industries. So before you go ahead, let’s briefly go over the Apar Industries net worth, owner, CEO, and head office details, shall we?
| Company name | Apar Industries Limited |
| Establishment year | 1958 |
| Head Office | Mumbai |
| Owner/Founder | Late Shri Dharamsinh D. Desai |
| CEO Name | Kushal N. Desai, Chairman & Managing Director |
| Industry | Conductors, cables, specialty oils, polymers, and lubricants |
| Net worth / Market cap | About ₹35,163 crore, October 2025 |
| Total revenue (2024) | ₹15,001.49 crore (FY2023–24 revenue from operations |
Company Profile
It basically began in 1958 when the late Shri Dharamsinh D. Desai established a small unit for the production of power transmission conductors, just at the time when India was going for electrification. And from there on, the head office was set up in Mumbai, and it still is there. By far, we all know that, over time, Apar has broadened its scope to include three primary business lines, like conductors, cable solutions, and specialty oils and lubricants, besides adding polymers.
Current Status
Apar Industries, in the fiscal year 2023-24, declared total revenue from operations amounting to ₹15,001.49 crore, which went up to ₹17,463.53 crore in the 2024-25 fiscal year. To be honest, sure enough, the year-on-year growth was quite impressive. And as for the company value right now, well, the market cap of Apar Industries is somewhere around ₹35,163 crore as of 16th October 2025.
Recent Updates and Future Outlook
Apar had a 27.3% revenue growth and 29.9% PAT growth year-on-year in Q1 FY2025-26, by a strong demand in both domestic and export markets. The cable business is expected to be scaled up significantly by the end of FY26 through this expansion. Other than that, something of very recent from this very company, well, they went on to announce in May 2025 a ₹1,300 crore capex plan, which also included a new cable plant, conductor capacity expansion, and an oil storage terminal at JNPT.