Apar Industries Company Description: Products,Promoters and Clients
Apar Industries Ltd Company Description:
Established by Mr. Dharmsinh D. Desai in 1958, Apar holds a dominant position in the Indian market and has a global reach. It began by producing power transmission cables and developed into three main business segments: conductors, transformer and specialty oils (TSO), and power/telecom cables. This helped India become more electrified.
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Q1.What are the Products and Service offerings of Apar Industries Ltd ?
1.Conductors:
- One of the largest global manufacturers, specializing in turnkey solutions for reconductoring with HEC and live line installation with OPGW.
- Developed aluminum CTC, PICC, and bus bars for commercial sale in India.
- Pioneered copper-magnesium conductors meeting R.D.S.O. specifications.
- Technology collaboration with CTC-Global, USA, for ACCC conductors.
2.Specialty Oils:
- Third-largest global manufacturer of T-oils, compliant with new corrosive sulfur standards.
- First globally to supply the complete range of T-oils compliant with these standards.
- First in India with T-oils approved for ultra-high voltage transformers.
- Production capacity of over 750,000 KL in India and 175,000 KL in UAE.
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3.Lubricants:
- Leading domestic player in auto lubes with a licensing agreement for ENI brand from Italy.
- Offers over 150 BIS-certified grades, including affordable, high-quality products for the injection molding industry.
4.Cables:
- Among the world’s largest manufacturers of specialized cables and a significant exporter.
- First Indian player to develop guidance OFC for torpedoes and tether cables for surveillance systems.
- Entered the EV segment with specialized wiring and wiring harness solutions.
Segment Revenue FY24:
- Conductors: 48%
- Specialty Oils: 23%
- Lubricants: 6%
- Cables: 23%
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Q2.Who are the Promoters of the Company?
Mr. Kushal Desai: Chairman and Managing Director
Mr. Kushal Desai is currently Chairman & Managing Director of APAR Industries Ltd. He has a Bachelor of Science degree in Electrical Engineering from the Moore School of Electrical Engineering and a Business degree from the Wharton School, both of which are part of University of Pennsylvania.
Mr. Chaitanya Desai: Managing Director
Mr. Chaitanya Desai is currently the Managing Director of APAR Industries Limited, the world’s largest manufacturer of aluminium and alloy conductors.
He has a Bachelor of Science (Hons.) degree in Chemical Engineering from the University of Pennsylvania and a Bachelor of Science degree in Economics (Hons.) from the Wharton Business School.
Q3.Who are the Clients of the Company?
The company serves its client across its area of operations through : PowerOil, PowerOil Ad blue, Bolt, Aparprene,Apar Shakti, Apar Anushakti, Apar Mahashakti etc.
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