₹14202.0
-2.55% today
· 30d -21.1%
as of 2026-11-09
Price · Daily Candles
“Apar Industries' Strong Momentum Continues, Despite Stretched Valuations and FII Selling.”
Apar Industries demonstrates robust operational performance with Q4 revenue up 26.74% YoY and annual revenue climbing 23.25% YoY to ₹22,902 Cr. However, its TTM PE of 56.67 signals stretched valuations, and an ML model predicts significant future Free Cash Flow compression, leading to an unreliable intrinsic value.
BULL CASE
+Q4 revenue surged by 26.74% YoY to ₹6,603 Cr, with annual revenue growing 23.25% YoY to ₹22,902 Cr.
+Net profit saw a 1.39% YoY increase in Q4 to ₹253 Cr, contributing to an annual net profit of ₹977 Cr, up 18.95% YoY.
+The stock has delivered exceptional short-term returns: 1m returns of 20.14% and 1y returns of 66.76%, significantly outperforming its 52-week low of ₹6801.0.
+Promoter shareholding remains strong at 57.76% as of June 30, 2026, indicating management confidence.
+The company boasts a high ROCE of 33.0%, reflecting efficient capital utilization.
BEAR CASE
−The TTM PE ratio stands at a high 56.67, significantly above some peers, suggesting stretched valuation.
−FIIs reduced their stake by 1.38% QoQ, from 10.75% to 9.37% (implied calculation from qoq_delta), signaling decreasing foreign investor interest.
−Despite revenue growth, Q4 operating profit margin decreased by 1.31% YoY to 7.79%.
−The ML model predicts severe Free Cash Flow compression with a rank of 0.0 for FCF 1y rolling 4y and 7y, leading to an unreliable intrinsic valuation.
−The stock is trading at 12.39x its book value of 1342.64.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹6931 Cr
+21.27% YoY
NET PROFIT
₹447 Cr
+77.72% YoY
OPM
11.18%
+2.68pp YoY
EPS
₹110.1
PE 56.67
Intrinsic value · DCF ₹15302.88 · Margin of safety +7.8% (fair) · FCF yield 0.41%
◇ Sector Position
Apar Industries, with a TTM PE of 56.67 and ROCE of 33.0%, trades at a lower valuation than POWERINDIA (PE 145.71, ROCE 15.41%) but higher than POLYCAB (PE 48.06, ROCE 33.94%) in the Electrical Equipment & Parts sector, showcasing strong capital efficiency.
PEERPEROCE %
APARINDS56.6733.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
63
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
100
Valuation
STRETCHED
20
Growth
STRONG
79
Profitability
HIGH
78
Technicals
WEAK
30
Risk
LOW
70
Key Stats
TTM PE
56.67
P/B
12.39
52W HIGH
₹19265.0
OFF HIGH
-26.28%
DIV YIELD
0.38%
MKT CAP
₹56622 Cr
◉ Active Signals
MACDBearish-86.5477
RSI(14)Bearish35.21
Street Consensus
8 analysts₹15160.62
mean target
Low ₹14230.0Now ₹14202.0High ₹15950.0
⧉ Strategy Fit 🔒