Apar Industries Limited Stock Price Today (NSE: APARINDS)

Apar Industries Limited

17728.00+307.00 (+1.76%)
Market Closed

Fundamental Score

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Apar Industries Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Apar Industries Limited share price today is 17728.00, up +1.76% on NSE/BSE as of 7 September 2026. Apar Industries Limited (APARINDS) is a Large-cap company in the Other Electrical Equipment sector with a market capitalisation of 71.21K (Cr). The 52-week high for APARINDS share price is 18465.00 and the 52-week low is 6801.00. At a P/E ratio of 60.27x, APARINDS is currently trading above its industry average P/E of 31.11x. The company has a Return on Equity (ROE) of 19.74% and a debt-to-equity ratio of 0.16.

Apar Industries Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
18465.00
Low
13282.00
Volume
2.0L
Change
+23.99%

Apar Industries Limited share price chart: 23.99% return over the past month. 52-week high ₹18465.00, 52-week low ₹6801.00.

Apar Industries Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
17689.0017895.0017365.0017421.0093.10K (Cr)
16941.0017772.0016940.0017704.002.09L (Cr)
17401.0017444.0016500.0016813.0094.23K (Cr)
17776.0017919.0017301.0017400.0088.38K (Cr)
17800.0018044.0017550.0017702.0088.24K (Cr)
17858.0017900.0017485.0017803.001.21L (Cr)
17190.0018075.0017189.0017900.002.15L (Cr)
17121.0017349.0016881.0017063.001.05L (Cr)
16705.0017170.0016705.0017001.001.45L (Cr)
17020.0017100.0016663.0016705.0059.13K (Cr)

Apar Industries Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
17776.0017919.0016500.0017421.00-2.00%
14400.0018465.0014321.0017702.00+22.93%
15849.0015849.0013282.0014348.00-9.47%
13120.0017157.0012511.0015695.00+19.63%
12331.0013580.0011864.0013118.00+6.38%
10350.0012850.009298.5012331.00+19.14%
10500.0011250.008856.009881.00-5.90%
8065.0011648.007866.5011180.50+38.63%
8424.008455.006801.007994.00-5.10%
9232.509232.508350.008367.50-9.37%
8676.009449.508165.009159.50+5.57%
8154.509600.008110.008671.00+6.33%

AI Research Briefing

Powered by Gemini · 2026-04-13

Apar is a play on Indian electrification, but valuation is stretched, leaving little room for error.

Research Confidence
7.0/10High
GOVT CAPEX DARK HORSEBreakout - 1M: 3.51%, 3M: 13.96%, 6M: 12.95% [cite: brief].Expensive - P/E of 38.41x vs Industry P/E of 33.84x [cite: brief].

WHAT'S HAPPENING NOW (last 2-4 weeks)

Apar Industries has seen a strong rally, surging 14.26% between April 6th and April 10th, significantly outperforming the Sensex. The stock hit an intraday high of on April 10th and However, recent quarterly results show a QoQ decrease in revenue by 4.12% to and a 16.99% decrease in net profit to Despite the QoQ dip, YoY net profit increased by 19.44%.

CORE STORY (THE REAL GAME)

Why Now
  • Strong domestic demand offsets export headwinds
  • Premium product mix boosts profitability
  • Renewable energy sector growth provides tailwinds
Potential Catalysts
  • Significant order wins in the cable segment
  • Resolution of US tariff issues and export revival
  • Faster-than-expected infrastructure spending by the government
Key Risks
  • High valuation relative to industry peers
  • Dependence on government infrastructure spending
  • Potential disruptions from US tariffs and geopolitical tensions
Institutional Activity

FII increased by 0.18% and DII increased by 0.85% [cite: brief].

Macro Context

India's infrastructure push is a tailwind, but global trade tensions pose a headwind.

Order Book / Expansion

Pending order book was ₹7,396 crores, of which export contributed 32.0%.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹963.19 Cr [cite: brief].

3–6 Month Outlook

Apar's growth hinges on sustained domestic demand and a US export recovery. Expect volatility as the market adjusts to evolving trade dynamics.

Primary Thesis Risk

Reliance on government spending and export markets makes it vulnerable to policy changes and trade wars.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

19.74%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

32.02%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

7.86%

Average operating profit margin over 5 years

Dividend Yield

0.36%

Annual dividend as % of current share price

Apar Industries Limited Valuation Check

Poor

Price to Earnings (P/E)

60.27x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

31.11x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

57.77%

% shares held by company founders/management

Good

FII Holding

10.75%

% shares held by foreign institutional investors

Excellent

DII Holding

23.02%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-152.70%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

29.13%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

29.09%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

42.13%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

43.51%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.16x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.00x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

961.71 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Apar Industries Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of APARINDS across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Return on Equity (19.74%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (32.02%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Revenue Growth (29.13%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (29.09% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (42.13% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (43.51% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.16)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Cash Generation (₹961.71 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (57.77%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 33.77%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Premium Valuation Risk (P/E: 60.27x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

High Price-to-Book Ratio (13.20x)

Observation: Trading at significant premium to book value.

Analysis: High P/B ratios may indicate overvaluation relative to asset base.

Profit Decline Concern (-152.70%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Apar Industries Limited vs Other Electrical Equipment Peers

Peer Comparison - Other Electrical Equipment

Compare Apar Industries Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
67.8/100
17728
₹71213.38
60.3
Average
19.74%
Good
32.02%
Excellent
0.2
Excellent
43.51%
Excellent
29.09%
Excellent
0.36%
80.1/100
2709
₹80922.04
29.3
Average
30.89%
Excellent
37.59%
Excellent
0.2
Excellent
0.07%
66.9/100
1015
₹49548.50
29.8
Average
42.35%
Excellent
36.34%
Excellent
0.8
Good
0.09%
55.2/100
368
₹11928.48
100.2
Average
12.41%
Average
-4.2
Excellent
0.00%
62.5/100
2197
₹11217.90
84.0
Average
16.94%
Good
23.43%
Excellent
0.3
Excellent
0.00%
88.1/100
890
₹10380.32
29.5
Average
0.00%
Poor
84.13%
Excellent
0.1
Excellent
0.10%
57.5/100
315
₹9600.36
0.00%
Poor
31.04%
Excellent
1.0
Average
50.83%
Excellent
0.78%
69.1/100
177
₹7023.51
33.7
Average
0.0
Excellent
0.00%
65.8/100
3944
₹5139.53
0.0
Excellent
0.28%
52.4/100
87
₹4263.06
13.6
Average
66.69%
Excellent
62.23%
Excellent
0.2
Excellent
34.90%
Excellent
46.86%
Excellent
0.00%
64.4/100
473
₹3902.48
30.8
Average
20.14%
Excellent
29.97%
Excellent
1.1
Average
0.60%

Apar Industries Limited PE Ratio History

Historical price-to-earnings ratio for APARINDS — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 2025204.47₹8367.5040.9x
FY 2024212.10₹10317.6048.6x
FY 2023166.64₹6053.4036.3x
FY 202267.09₹1793.1026.7x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Apar Industries Limited Dividend History

Annual cash dividends paid by APARINDS — dividend yield 0.36%

Financial YearDividends Paid (₹ Cr)
FY 2025204.61 Cr
FY 2024153.00 Cr
FY 202357.36 Cr
FY 202236.36 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Apar Industries Limited Quarterly Performance

Latest quarterly metrics for APARINDS — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

29.13%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-152.70%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

29.09%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

43.51%

Compounded annual net profit growth over 5 years

Apar Industries Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for APARINDS — calculated from daily price history

77RSI 14
Overbought — RSI 77

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
15023
▲ Price above SMA 50 — Short-term bullish
SMA 200
11211
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
168K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Apar Industries Limited Financial Statements

Annual income statement, balance sheet and cash flow for Apar Industries Limited (APARINDS) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Apar Industries Limited

Loading latest quarterly results...

About APARINDS (Apar Industries Limited)

Apar Industries Ltd is a multifaceted Indian conglomerate deeply rooted in the electrical and metallurgical engineering sectors, extending its influence across both domestic and in...ternational markets. With decades of experience, the company has established itself as a prominent player through its diverse portfolio, demonstrating its commitment to innovation and quality. Apar Industries navigates the ever-evolving technological landscape by constantly adapting and expanding its product range to meet the demands of various industries. This adaptability has allowed them to become a trusted partner for clients seeking reliable solutions and cutting-edge technologies, thus solidifying their position as a leading force in their operational domains. The company strategically organizes its operations into distinct segments to effectively manage and cater to specific market needs. These core divisions include conductors, catering to the electrical transmission infrastructure; transformer and specialty oils, critical components in ensuring efficient and safe energy distribution; power and telecom cables, providing essential connectivity; and a diverse "Others" segment encompassing a broader spectrum of products and services. By focusing on these key areas, Apar Industries can leverage its expertise and resources to deliver specialized solutions tailored to the unique requirements of its clients. This compartmentalized approach enables the company to optimize its operational efficiency and maintain a competitive edge in each of its specialized fields. Apar Industries is particularly recognized for its specialized oils, which serve as essential elements in various applications. Their transformer oils, offered in both naphthenic and isoparaffinic grades, are vital for maintaining the integrity and performance of electrical transformers. Furthermore, the company produces high-quality liquid paraffins with applications extending to baby oil, medical and pharmaceutical products, cosmetics, food packaging and coating, personal care items, and even the bakery and plastic industries. Additionally, Apar Industries manufactures petroleum jelly, a widely used ingredient in personal care products. This diverse portfolio of oil-based products highlights Apar Industries' proficiency in chemical engineering and its ability to serve a wide range of industrial and consumer applications.

Company Details

Symbol:APARINDS
Industry:Other Electrical Equipment
Sector:Other Electrical Equipment

Key Leadership

Mr. Kushal Narendra Desai
Chairman of the Board, MD & CEO
Mr. Chaitanya Narendra Desai
MD & Executive Director
Mr. Rishabh Kushal Desai
Whole-Time Director

APARINDS Share Price: Frequently Asked Questions

What is the current share price of Apar Industries Limited?

Apar Industries Limited (APARINDS) trades at ₹17728.00 on NSE and BSE. Market cap ₹71.21K (Cr). Educational data only.

What is the P/E ratio of Apar Industries Limited?

Apar Industries Limited has a P/E of 60.27x vs industry average 31.11x.

What is the Bull Run score for Apar Industries Limited?

Apar Industries Limited has a Bull Run score of 67.8/100 based on 25+ financial parameters.

Does Apar Industries Limited pay dividends?

Apar Industries Limited has a dividend yield of 0.36%. Past dividends don't guarantee future payments.

What is the ROE of Apar Industries Limited?

Apar Industries Limited has ROE of 19.74%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Apar Industries Limited?

Apar Industries Limited has debt-to-equity of 0.16.

Is Apar Industries Limited a good investment?

Bull Run gives Apar Industries Limited a score of 67.8/100. This is not investment advice — consult a SEBI-registered advisor.