profit from every ₹100 of sales.
₹0₹100
APAR Industries
₹14,205.10-2.58% today
+57.5% in 1 year
1-year low ₹6,960.101-year high ₹18,938.00
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay ₹72.42 for every ₹1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What APAR Industries sold, what it kept, and what it did with the cash.
Sales went from ₹92.9 billion in 2022 to ₹185 billion in 2025, with ₹8.21 billion of profit last year.
SalesProfit
APAR Industries handed back 26% of the cash it generated last year.
₹2.0B
Free cash flow 2025₹7.8B
Bought back its own shares–
Paid as dividends₹2.0B
Cash vs. debt₹6.9B vs. ₹5.8B
APAR Industries vs. similar companies
APAR Industries grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| APAR Industries | 72.4× · Very expensive | ||
 Contemporary Amperex Technology | 20.2× · Fair price | ||
 ABB | 32.2× · Expensive | ||
 Vertiv | 57.9× · Expensive | ||
 Delta Electronics (Thailand) Public | 91.5× · Very expensive |
AI analysis
An AI analyst reads APAR Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 92,872 | 142,578 | 160,452 | 184,925 | |
| 19,983 | 31,104 | 34,119 | 36,498 | |
| 5,370 | 12,106 | 14,731 | 14,626 | |
| 5,069 | 11,337 | 15,047 | 15,015 | |
| 2,567 | 6,377 | 8,251 | 8,213 | |
| 67.09 | 166.64 | 212.10 | 204.47 | |
| 21.5% | 21.8% | 21.3% | 19.7% | |
| 5.8% | 8.5% | 9.2% | 7.9% | |
| 2.8% | 4.5% | 5.1% | 4.4% |
Balance sheet
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 66,075 | 82,177 | 96,158 | 112,636 |
| Cash | 2,532 | 4,988 | 5,840 | 6,864 |
| Total debt | 3,592 | 3,762 | 4,756 | 5,847 |
| Total liabilities | 48,923 | 59,813 | 57,393 | 67,600 |
| 17,152 | 22,364 | 38,764 | 45,035 | |
| 38 | 38 | 39 | 40 | |
| 15.6% | 31.1% | 25.2% | 21.3% | |
| 15.0% | 28.5% | 21.3% | 18.2% |
Cash flow
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,438 | 6,983 | -2,833 | 12,906 | |
| 1,305 | 2,478 | 3,307 | 5,097 | |
| 1,133 | 4,505 | -6,140 | 7,809 | |
| Dividends paid | 364 | 574 | 1,530 | 2,046 |
| – | – | – | – | |
| – | – | – | 24 |
Valuation
- 72.4×
- –
- 1.61
- 13.0×
- 3.2×
- 76.2×
- 39.5×
- 1.3%
- 1.4%
- 0.3%
Profitability
- 19.7%
- 7.9%
- 4.4%
- –
- 20.2%
- 22.1%
- –
- –
- –
- –
Growth
- +25.8%
- +45.0%
- –
- –
- +1.6%
Financial health
- -0.1×
- 0.13
- –
- 5.2×
- 1.47
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 7%of 979
Bottom 44%of 984
Bottom 7%of 862
Top 8%of 983
Bottom 27%of 986
0.3%of the share price, paid each year
On $1,000 invested$3a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
24.9% of its profit
Room to growStretchedMore than it earns: 26.2%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
54No pass
Benjamin Graham
40No pass
Philip Fisher
58No pass
Peter Lynch
82Pass
Joel Greenblatt
19No pass
Charlie Munger
54No pass
Terry Smith
52No pass
Questions about APAR Industries
Is APAR Industries a good stock to buy?
A business with weak numbers, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the APAR Industries AI analysis
What does APAR Industries do?
APAR Industries Limited engages in the electrical and metallurgical engineering business in India and internationally. It operates through Conductor, Transformer & Specialties Oils, Power/Telecom Cables, and Others segments. It is in Electrical Equipment & Parts, based in Mumbai, India.
Does APAR Industries pay a dividend?
Yes. At today's price the dividend is 0.3% a year, about 25% of its yearly profit. In 2025 it paid out ₹2.05 billion in dividends.
Is APAR Industries stock halal?
Yes. APAR Industries passes our halal screen: its business is permitted and its debt is 1.0% of its market value, under the 30% limit. How we check
How has APAR Industries stock done over the past year?
Up 57.5% over the past twelve months, to ₹14,205.10. It traded between ₹6,960.10 and ₹18,938.00 and is 25.0% below its high.
Who are APAR Industries's competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with APAR Industries's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.