• Cables growth targets: Apar Industries is targeting 25% year-on-year growth in its cables business over the next five years, allocating more than 50% of its planned capex to build capacity.
• US revenue expansion: Management aims to scale US market revenue from approximately ₹1,600 crore last year to $500 million over the next three years, aided by stabilized Section 232 tariffs and China-plus-one demand.
• Capex and topline: Following a ₹700 crore investment last year, the company plans to deploy another ₹1,500 crore over the next 18 months to support steady-state revenue growth of 15% plus, or ₹3,000 to ₹5,000 crore annually.
• Data center opportunities: Internal cabling represents roughly 2% to 2.5% of data center capex, with further revenue opportunities stemming from high-temperature low-sag (HTLS) conductors and OPGW wire used for external transmission upgrades.
• Long-term profit target: The company targets at least doubling net profit over the next four to five years while keeping its conductors, cables, and specialty oils businesses integrated rather than pursuing a demerger.