About APAR Industries Limited

Founded in 1958, APAR Industries Limited has grown from a modest power conductor maker into a diversified two‑billion‑dollar enterprise supplying conductors, a wide range of power and telecom cables, speciality oils, polymers, and lubricants to over 140 countries . 

The company holds leadership positions as the #1 global aluminium alloy conductor manufacturer, the #1 renewable cable manufacturer from India, and the #3 global transformer oil manufacturers. Its flagship POWEROIL brand spans 20+ high‑performance grades across mineral, natural ester, and synthetic ester transformer oils, complemented by technical and pharmaceutical white oils and process oils; these products are certified to international standards and used by major utilities and OEMs worldwide. APAR also markets lubricants (including the ARKOS brand) and polymers as part of its portfolio .

APAR Industries Limited’s Business Segments

• Conductors: One of the world’s largest aluminium and alloy conductor manufacturers, APAR supplies conventional, HTLS, OPGW and railway conductors, and executes specialised turnkey solutions such as reconductoring, OPGW integration, and MVCC; the company has completed 200+ reconductoring projects to date. In FY25, conductor revenue was ₹9,582 crore with sales volume of 2,22,709 MT.
• Transformer & Speciality Oils: APAR is the 3rd‑largest global transformer oil maker and a top lubricant player in India; the oils business delivered ₹5,087 crore revenue in FY25.  Power/Telecom Cables: India’s largest domestic renewables cable player with a broad XLPE, elastomeric, fibre and speciality range; the division earned ₹4,945 crore in FY25 and holds 18 UL approvals for supply to the United States.
   

Revenue mix and geography: FY25 segment mix was Conductors 48.5%, Speciality Oils 25.7%, Cables 25.0%, Others 0.8%. Exports contributed 32.8% of FY25 revenue; 67.2% was domestic.

Industries served by APAR Industries Limited

• Power T&D and renewables, 
• Indian Railways, 
• Automotive (including auto lubes), 
• Telecom, housewires, and defence, among others.

APAR Industries Limited Key Management 

• Kushal N. Desai, Chairman & Managing Director & CEO – Leads strategy and operations across APAR’s global businesses.

Latest Updates on APAR Industries Limited

• FY25 consolidated revenue reached an all‑time high of ₹18,581 crore, up 15% year‑on‑year, with PAT at ₹821 crore. The company accelerated capex to about `510 crore, commissioning an aluminium rod line at Khanvel (+42,000 MT capacity) and announcing plans to triple Continuous Transposed Conductor (CTC) capacity by Q3 FY26; capex in FY25 was ₹206 crore in conductors, ₹187 crore in cables, and ₹80 crore in oils. 
• APAR expanded its international footprint with APAR Industries Latam Ltda (Brazil) and APAR Industries Middle East Limited (Saudi Arabia) as wholly owned subsidiaries, augmenting an existing network in Singapore, Sharjah and the USA. 
• Product and market milestones included the launch of a 99% biodegradable natural ester transformer oil, new trademarks for POWEROIL and ARKOS in the UAE, and 18 UL approvals for cables destined for the US. 
• APAR also highlighted strategic supply to Saudi Electricity Company (40,000+ KL of speciality oils) and progress on a transformer oil and white oil plant in Yanbu, KSA, aligned with localisation goals.