APM Industries Ltd Stock Research

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APM Industries Ltd Detail

APM Industries Limited is in portfolio of Subramanian P. He is one of the top investors in India. The Company belongs to Textile sector. As per the Company website it set up its Textile Spinning Unit in  1979-80 at Bhiwadi, Distt.  Alwar, Rajasthan.

The factory is located in NCR 55 Kms. away from New Delhi International Airport, 5 Kms. from N.H.8 on Dharuhera-Sohna Road, under the trade name of Orient Syntex for the manufacture of Synthetic Blended Spun Yarns . Textile spinning unit, Orient Syntex is having 55584 spindles capacity to produce approximately 18 million kg of yarn per annum.

The products of the Company include below items. Note it does not deal with finished products like Suitings or Shirtings as we have seen in case of other textile companies.

  • Polyester/Viscose Blended Spun yarn in count range of 08s to 40s Single/multi-folded Fibre Dyed.
  • Polyester/Acrylic Blended Spun fibre dyed yarn in count range 18s to 40s in single/multi folded fibre dyed .
  • 100% Polyester yarns in count range 08s to 40s in single & multi-folded fibre dyed
  • 100% Acrylic yarns in count range 10s to 40s in single & multi-folded fibre dyed.
  • 100% Polyester Fancy Yarns.
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Above details gave you idea about Company products and area of business. Lets look at long term performance of the Company on stock exchanges.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

APM Industries Ltd Performance

APM Industries Stock Performance 2018
APM Industries Stock Performance 2018

APM Industries have performed well on Stock Exchanges. If you see overall chart it has proved to be a multi bagger. The company was trading at 1 in year 2002. Slowly it moved over the years. During 2008 crisis the stock prices were impacted and it came back to levels of 2.

But since then it has picked up and moved past 60 mark in next few years. The move was slow and steady with small bumps. This is hall mark of a consistent performance of a Company over the years. If you look from 2008 level it has given more than 60 times return in last decade or so.

The dividend yield of Company is also very sound. It has more than 2% dividend yield at current market price.The consistent dividend helps investors make money even if stock prices are not rising.

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If you consider dividend rate along with price appreciation then APM Industries have created wealth for investors in long run.

APM Industries Ltd My Opinion

As mentioned in the review of other Textiles Sector Companies I personally do not like the Sector. This may be my personal bias. But reasons are simple.

This is too competitive a sector and have large as well as small players. It is evergreen sector as well. The demand of products will continue to grow with economic growth and population.

Talking about APM Industries it has consistent growth over the years. It performed better every year with some hiccups which is understandable in long term. The company looks promising.

I do track Textiles machinery sector. The machinery sector serves the Textile industry and will continue to grow with the sector. In case you are interested to invest in textile sector then APM industries can be tracked.

You can add it in your stock watch list and compare with other market leaders of this sector. This way you can have closer look into developments of the Company and compare it with market leaders. It is always better to compare and then finalize a company before making an investment decision.

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