Share Price and Basic Stock Data
Last Updated: November 13, 2025, 8:10 pm
| PEG Ratio | 1.42 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Apar Industries Ltd operates within the specialty chemicals sector, reporting a robust revenue of ₹14,336 Cr for the fiscal year ending March 2023, which increased to ₹16,153 Cr in March 2024. The company has shown a consistent growth trajectory, with revenue projected to reach ₹18,581 Cr by March 2025. Quarterly sales figures also reflected this upward trend, with the latest recorded sales of ₹4,455 Cr in March 2024, up from ₹4,084 Cr in March 2023. The quarter ending June 2024 reported sales of ₹4,011 Cr, demonstrating resilience amid fluctuating market conditions. The operating profit margin (OPM) stood at 10% for March 2024, indicating improved operational efficiency compared to previous periods. With a market capitalization of ₹36,583 Cr and a current share price of ₹9,108, Apar Industries reflects strong positioning in the chemicals sector, supported by a diverse product portfolio and strategic market presence.
Profitability and Efficiency Metrics
The profitability of Apar Industries is underscored by a net profit of ₹882 Cr for the fiscal year ending March 2025, reflecting a net profit margin of approximately 4.42%. The company’s return on equity (ROE) stood at 19.5%, while return on capital employed (ROCE) was notably higher at 32.7%. These figures are indicative of effective capital utilization and strong management performance. The interest coverage ratio (ICR) of 4.03x demonstrates the company’s ability to meet interest obligations comfortably, enhancing investor confidence. Additionally, the company maintained a consistent operating profit, with ₹1,582 Cr recorded for March 2025, up from ₹1,568 Cr in March 2024. Despite slight fluctuations in the operating profit margin, which hovered around 9-10%, these metrics position Apar Industries favorably against typical sector averages, suggesting a competitive edge in operational efficiency.
Balance Sheet Strength and Financial Ratios
Apar Industries showcases a healthy balance sheet with total assets amounting to ₹11,264 Cr and total liabilities of ₹11,264 Cr as of March 2025. The company’s reserves have increased significantly to ₹4,463 Cr, supported by a manageable level of borrowings at ₹585 Cr. The debt-to-equity ratio remains low at 0.10, indicating minimal reliance on external debt for financing operations. The book value per share has risen to ₹1,121.12, reflecting solid equity growth. The current ratio of 1.47 suggests sufficient liquidity to cover short-term obligations, while the quick ratio of 0.94 indicates the company’s capability to meet immediate liabilities without relying heavily on inventory. These financial ratios coupled with a P/BV of 4.94x indicate that the market values the company at a premium relative to its book value, highlighting investor confidence in its financial health.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Apar Industries indicates significant institutional interest, with Foreign Institutional Investors (FIIs) holding 9.24% and Domestic Institutional Investors (DIIs) at 22.64% as of March 2025. Promoter holdings have stabilized at 57.77%, reflecting a strong commitment from the company’s founders. The increasing presence of DIIs, which rose from 17.53% in December 2022 to 22.64% by March 2025, signals growing confidence among institutional investors. Public shareholding has reduced to 10.35%, indicating a consolidation of ownership. The total number of shareholders reached 1,06,316, demonstrating a widening base of retail investors. This diverse shareholding structure not only enhances liquidity but also reflects the market’s confidence in the company’s growth prospects and operational stability.
Outlook, Risks, and Final Insight
Looking ahead, Apar Industries is well-positioned to leverage its operational efficiencies and financial strengths; however, it faces potential risks such as fluctuating raw material prices and global economic uncertainties that could impact demand in the specialty chemicals sector. The company’s ability to maintain its margins amid these challenges will be crucial. Furthermore, with a significant portion of revenue derived from exports, any geopolitical tensions or trade disruptions could pose risks to growth. Despite these challenges, the company’s solid financial metrics and institutional backing provide a strong foundation for future growth. If managed effectively, Apar Industries could continue to enhance shareholder value and expand its market presence, solidifying its position in the specialty chemicals industry.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Apar Industries Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| HP Adhesives Ltd | 436 Cr. | 48.2 | 86.7/42.6 | 27.1 | 20.5 | 0.83 % | 13.6 % | 9.82 % | 2.00 |
| Haryana Leather Chemicals Ltd | 36.6 Cr. | 74.5 | 103/56.0 | 17.5 | 89.6 | 1.34 % | 8.02 % | 5.45 % | 10.0 |
| Hardcastle & Waud Mfg Co Ltd | 48.4 Cr. | 712 | 988/0.00 | 22.3 | 697 | 0.00 % | 6.31 % | 2.91 % | 10.0 |
| Grauer & Weil (India) Ltd | 3,690 Cr. | 81.4 | 111/78.0 | 24.4 | 22.0 | 0.61 % | 23.3 % | 17.6 % | 1.00 |
| DMCC Speciality Chemicals Ltd | 695 Cr. | 278 | 453/241 | 25.0 | 93.8 | 0.90 % | 14.1 % | 9.97 % | 10.0 |
| Industry Average | 12,864.92 Cr | 734.82 | 51.18 | 182.68 | 0.41% | 12.99% | 25.41% | 6.41 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,093 | 3,235 | 3,939 | 4,084 | 3,767 | 3,925 | 4,009 | 4,455 | 4,011 | 4,645 | 4,716 | 5,210 | 5,104 |
| Expenses | 2,856 | 3,009 | 3,596 | 3,660 | 3,421 | 3,576 | 3,604 | 4,028 | 3,634 | 4,288 | 4,360 | 4,752 | 4,652 |
| Operating Profit | 237 | 226 | 343 | 424 | 346 | 349 | 405 | 427 | 377 | 357 | 356 | 458 | 452 |
| OPM % | 8% | 7% | 9% | 10% | 9% | 9% | 10% | 10% | 9% | 8% | 8% | 9% | 9% |
| Other Income | 4 | 12 | 7 | 11 | 14 | 19 | 21 | 27 | 15 | 33 | 34 | 17 | 25 |
| Interest | 61 | 71 | 94 | 79 | 70 | 103 | 113 | 101 | 90 | 101 | 118 | 100 | 86 |
| Depreciation | 25 | 26 | 26 | 27 | 27 | 28 | 29 | 31 | 31 | 32 | 33 | 36 | 38 |
| Profit before tax | 156 | 141 | 230 | 328 | 263 | 237 | 284 | 322 | 270 | 257 | 238 | 340 | 353 |
| Tax % | 21% | 27% | 26% | 26% | 25% | 27% | 23% | 27% | 25% | 24% | 27% | 26% | 25% |
| Net Profit | 122 | 103 | 170 | 243 | 197 | 174 | 218 | 236 | 203 | 194 | 175 | 250 | 263 |
| EPS in Rs | 32.00 | 26.82 | 44.40 | 63.43 | 51.59 | 45.44 | 54.16 | 58.81 | 50.42 | 48.27 | 43.55 | 62.23 | 65.45 |
Last Updated: August 2, 2025, 12:15 am
Below is a detailed analysis of the quarterly data for Apar Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 5,104.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5,210.00 Cr. (Mar 2025) to 5,104.00 Cr., marking a decrease of 106.00 Cr..
- For Expenses, as of Jun 2025, the value is 4,652.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4,752.00 Cr. (Mar 2025) to 4,652.00 Cr., marking a decrease of 100.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 452.00 Cr.. The value appears to be declining and may need further review. It has decreased from 458.00 Cr. (Mar 2025) to 452.00 Cr., marking a decrease of 6.00 Cr..
- For OPM %, as of Jun 2025, the value is 9.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 9.00%.
- For Other Income, as of Jun 2025, the value is 25.00 Cr.. The value appears strong and on an upward trend. It has increased from 17.00 Cr. (Mar 2025) to 25.00 Cr., marking an increase of 8.00 Cr..
- For Interest, as of Jun 2025, the value is 86.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 100.00 Cr. (Mar 2025) to 86.00 Cr., marking a decrease of 14.00 Cr..
- For Depreciation, as of Jun 2025, the value is 38.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 36.00 Cr. (Mar 2025) to 38.00 Cr., marking an increase of 2.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 353.00 Cr.. The value appears strong and on an upward trend. It has increased from 340.00 Cr. (Mar 2025) to 353.00 Cr., marking an increase of 13.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Mar 2025) to 25.00%, marking a decrease of 1.00%.
- For Net Profit, as of Jun 2025, the value is 263.00 Cr.. The value appears strong and on an upward trend. It has increased from 250.00 Cr. (Mar 2025) to 263.00 Cr., marking an increase of 13.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 65.45. The value appears strong and on an upward trend. It has increased from 62.23 (Mar 2025) to 65.45, marking an increase of 3.22.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:43 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,628 | 5,108 | 5,078 | 4,832 | 5,818 | 7,964 | 7,425 | 6,388 | 9,317 | 14,336 | 16,153 | 18,581 | 19,675 |
| Expenses | 4,321 | 4,843 | 4,698 | 4,398 | 5,393 | 7,472 | 6,930 | 5,948 | 8,739 | 13,069 | 14,585 | 16,999 | 18,052 |
| Operating Profit | 307 | 264 | 380 | 434 | 426 | 491 | 495 | 440 | 578 | 1,267 | 1,568 | 1,582 | 1,623 |
| OPM % | 7% | 5% | 7% | 9% | 7% | 6% | 7% | 7% | 6% | 9% | 10% | 9% | 8% |
| Other Income | 4 | 1 | 10 | 15 | 11 | 15 | 15 | 19 | 33 | 36 | 86 | 99 | 109 |
| Interest | 155 | 162 | 175 | 131 | 158 | 223 | 254 | 157 | 171 | 344 | 432 | 443 | 405 |
| Depreciation | 27 | 31 | 38 | 45 | 56 | 67 | 87 | 93 | 98 | 104 | 116 | 132 | 139 |
| Profit before tax | 129 | 72 | 178 | 273 | 223 | 216 | 169 | 208 | 342 | 855 | 1,106 | 1,106 | 1,188 |
| Tax % | 30% | 32% | 32% | 36% | 35% | 37% | 20% | 23% | 25% | 25% | 25% | 26% | |
| Net Profit | 90 | 49 | 122 | 177 | 145 | 136 | 135 | 160 | 257 | 638 | 825 | 821 | 882 |
| EPS in Rs | 23.37 | 12.86 | 31.61 | 46.14 | 37.82 | 35.55 | 35.32 | 41.94 | 67.09 | 166.64 | 205.41 | 204.46 | 219.50 |
| Dividend Payout % | 22% | 27% | 21% | 22% | 25% | 27% | 27% | 23% | 22% | 24% | 25% | 25% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -45.56% | 148.98% | 45.08% | -18.08% | -6.21% | -0.74% | 18.52% | 60.62% | 148.25% | 29.31% | -0.48% |
| Change in YoY Net Profit Growth (%) | 0.00% | 194.54% | -103.90% | -63.16% | 11.87% | 5.47% | 19.25% | 42.11% | 87.62% | -118.94% | -29.80% |
Apar Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 26% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 43% |
| 3 Years: | 48% |
| TTM: | 6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 90% |
| 3 Years: | 86% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 22% |
| 3 Years: | 25% |
| Last Year: | 20% |
Last Updated: September 4, 2025, 11:20 pm
Balance Sheet
Last Updated: November 9, 2025, 1:38 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 40 | 40 | 40 |
| Reserves | 658 | 691 | 815 | 998 | 1,070 | 1,164 | 1,128 | 1,361 | 1,677 | 2,198 | 3,836 | 4,463 | 4,812 |
| Borrowings | 792 | 494 | 384 | 305 | 363 | 253 | 372 | 325 | 359 | 376 | 476 | 585 | 704 |
| Other Liabilities | 1,510 | 1,732 | 1,680 | 2,107 | 2,805 | 3,501 | 3,116 | 3,275 | 4,533 | 5,605 | 5,264 | 6,175 | 5,756 |
| Total Liabilities | 2,998 | 2,956 | 2,919 | 3,448 | 4,276 | 4,957 | 4,654 | 4,999 | 6,608 | 8,218 | 9,616 | 11,264 | 11,313 |
| Fixed Assets | 359 | 395 | 398 | 574 | 649 | 709 | 885 | 878 | 881 | 950 | 1,193 | 1,540 | 1,553 |
| CWIP | 18 | 10 | 56 | 28 | 20 | 103 | 55 | 29 | 38 | 99 | 122 | 130 | 366 |
| Investments | 2 | 5 | 112 | 119 | 0 | 187 | 0 | 60 | 31 | 54 | 11 | 219 | 28 |
| Other Assets | 2,620 | 2,546 | 2,352 | 2,728 | 3,608 | 3,958 | 3,714 | 4,032 | 5,657 | 7,114 | 8,290 | 9,373 | 9,365 |
| Total Assets | 2,998 | 2,956 | 2,919 | 3,448 | 4,276 | 4,957 | 4,654 | 4,999 | 6,608 | 8,218 | 9,616 | 11,264 | 11,313 |
Below is a detailed analysis of the balance sheet data for Apar Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 40.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 40.00 Cr..
- For Reserves, as of Sep 2025, the value is 4,812.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,463.00 Cr. (Mar 2025) to 4,812.00 Cr., marking an increase of 349.00 Cr..
- For Borrowings, as of Sep 2025, the value is 704.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 585.00 Cr. (Mar 2025) to 704.00 Cr., marking an increase of 119.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 5,756.00 Cr.. The value appears to be improving (decreasing). It has decreased from 6,175.00 Cr. (Mar 2025) to 5,756.00 Cr., marking a decrease of 419.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 11,313.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,264.00 Cr. (Mar 2025) to 11,313.00 Cr., marking an increase of 49.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,553.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,540.00 Cr. (Mar 2025) to 1,553.00 Cr., marking an increase of 13.00 Cr..
- For CWIP, as of Sep 2025, the value is 366.00 Cr.. The value appears strong and on an upward trend. It has increased from 130.00 Cr. (Mar 2025) to 366.00 Cr., marking an increase of 236.00 Cr..
- For Investments, as of Sep 2025, the value is 28.00 Cr.. The value appears to be declining and may need further review. It has decreased from 219.00 Cr. (Mar 2025) to 28.00 Cr., marking a decrease of 191.00 Cr..
- For Other Assets, as of Sep 2025, the value is 9,365.00 Cr.. The value appears to be declining and may need further review. It has decreased from 9,373.00 Cr. (Mar 2025) to 9,365.00 Cr., marking a decrease of 8.00 Cr..
- For Total Assets, as of Sep 2025, the value is 11,313.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,264.00 Cr. (Mar 2025) to 11,313.00 Cr., marking an increase of 49.00 Cr..
Notably, the Reserves (4,812.00 Cr.) exceed the Borrowings (704.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -485.00 | -230.00 | -4.00 | 129.00 | 63.00 | 238.00 | 123.00 | 115.00 | 219.00 | -375.00 | -475.00 | -584.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87 | 91 | 78 | 95 | 109 | 98 | 93 | 106 | 99 | 81 | 89 | 80 |
| Inventory Days | 101 | 84 | 72 | 102 | 98 | 74 | 85 | 119 | 108 | 85 | 83 | 82 |
| Days Payable | 136 | 141 | 130 | 181 | 207 | 188 | 182 | 231 | 207 | 172 | 140 | 137 |
| Cash Conversion Cycle | 52 | 34 | 20 | 15 | 0 | -16 | -4 | -6 | 1 | -5 | 32 | 25 |
| Working Capital Days | 12 | 22 | 5 | 22 | 21 | 6 | 13 | 25 | 27 | 18 | 50 | 39 |
| ROCE % | 18% | 17% | 28% | 31% | 27% | 30% | 28% | 22% | 27% | 51% | 44% | 33% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund | 1,080,116 | 1.49 | 682.77 | 1,080,116 | 2025-04-22 17:25:42 | 0% |
| HDFC Balanced Advantage Fund - Regular Plan | 827,293 | 0.68 | 522.96 | 827,293 | 2025-04-22 17:25:42 | 0% |
| HSBC Small Cap Fund - Regular Plan | 701,601 | 3.17 | 443.5 | 701,601 | 2025-04-22 17:25:42 | 0% |
| HDFC Small Cap Fund - Regular Plan | 575,371 | 1.27 | 363.71 | 575,371 | 2025-04-22 17:25:42 | 0% |
| DSP Flexi Cap Fund | 511,803 | 3.21 | 323.53 | 511,803 | 2025-04-22 17:25:42 | 0% |
| DSP Equity & Bond Fund | 341,977 | 2.44 | 216.17 | 341,977 | 2025-04-22 17:25:42 | 0% |
| Axis Midcap Fund | 297,469 | 0.77 | 188.04 | 297,469 | 2025-04-22 17:25:42 | 0% |
| DSP Small Cap Fund | 201,202 | 0.92 | 127.19 | 201,202 | 2025-04-22 17:25:42 | 0% |
| Bandhan Flexi Cap Fund | 199,950 | 1.88 | 126.39 | 199,950 | 2025-04-22 17:25:42 | 0% |
| DSP Mid Cap Fund | 198,778 | 0.76 | 125.65 | 198,778 | 2025-04-22 17:25:42 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 204.47 | 212.10 | 166.64 | 67.09 | 41.94 |
| Diluted EPS (Rs.) | 204.47 | 212.10 | 166.64 | 67.09 | 41.94 |
| Cash EPS (Rs.) | 237.38 | 234.36 | 193.91 | 92.62 | 66.35 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 1121.12 | 965.01 | 584.37 | 448.19 | 368.23 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 1121.12 | 965.01 | 584.37 | 448.19 | 368.23 |
| Revenue From Operations / Share (Rs.) | 4625.64 | 4021.16 | 3750.24 | 2435.32 | 1669.20 |
| PBDIT / Share (Rs.) | 409.96 | 400.49 | 330.39 | 151.64 | 114.38 |
| PBIT / Share (Rs.) | 377.06 | 371.68 | 303.13 | 126.08 | 89.97 |
| PBT / Share (Rs.) | 275.27 | 275.44 | 223.30 | 89.33 | 54.42 |
| Net Profit / Share (Rs.) | 204.49 | 205.56 | 166.64 | 67.05 | 41.94 |
| NP After MI And SOA / Share (Rs.) | 204.46 | 205.40 | 166.64 | 67.08 | 41.94 |
| PBDIT Margin (%) | 8.86 | 9.95 | 8.80 | 6.22 | 6.85 |
| PBIT Margin (%) | 8.15 | 9.24 | 8.08 | 5.17 | 5.38 |
| PBT Margin (%) | 5.95 | 6.84 | 5.95 | 3.66 | 3.26 |
| Net Profit Margin (%) | 4.42 | 5.11 | 4.44 | 2.75 | 2.51 |
| NP After MI And SOA Margin (%) | 4.42 | 5.10 | 4.44 | 2.75 | 2.51 |
| Return on Networth / Equity (%) | 18.23 | 21.28 | 28.51 | 14.96 | 11.38 |
| Return on Capital Employeed (%) | 30.72 | 34.72 | 46.58 | 23.65 | 20.39 |
| Return On Assets (%) | 7.29 | 8.58 | 7.76 | 3.88 | 3.20 |
| Long Term Debt / Equity (X) | 0.06 | 0.08 | 0.06 | 0.11 | 0.13 |
| Total Debt / Equity (X) | 0.10 | 0.10 | 0.13 | 0.14 | 0.15 |
| Asset Turnover Ratio (%) | 1.78 | 1.81 | 1.85 | 1.54 | 1.28 |
| Current Ratio (X) | 1.47 | 1.54 | 1.22 | 1.22 | 1.22 |
| Quick Ratio (X) | 0.94 | 0.99 | 0.77 | 0.74 | 0.74 |
| Inventory Turnover Ratio (X) | 5.99 | 5.90 | 4.36 | 3.85 | 3.11 |
| Dividend Payout Ratio (NP) (%) | 24.94 | 18.55 | 9.00 | 14.16 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 21.48 | 16.26 | 7.73 | 10.25 | 0.00 |
| Earning Retention Ratio (%) | 75.06 | 81.45 | 91.00 | 85.84 | 0.00 |
| Cash Earning Retention Ratio (%) | 78.52 | 83.74 | 92.27 | 89.75 | 0.00 |
| Interest Coverage Ratio (X) | 4.03 | 4.16 | 4.14 | 4.13 | 3.22 |
| Interest Coverage Ratio (Post Tax) (X) | 3.01 | 3.14 | 3.09 | 2.82 | 2.18 |
| Enterprise Value (Cr.) | 21953.65 | 27825.49 | 9354.38 | 2475.33 | 1805.89 |
| EV / Net Operating Revenue (X) | 1.18 | 1.72 | 0.65 | 0.26 | 0.28 |
| EV / EBITDA (X) | 13.33 | 17.30 | 7.40 | 4.27 | 4.13 |
| MarketCap / Net Operating Revenue (X) | 1.20 | 1.74 | 0.66 | 0.26 | 0.28 |
| Retention Ratios (%) | 75.05 | 81.44 | 90.99 | 85.83 | 0.00 |
| Price / BV (X) | 4.94 | 7.24 | 4.28 | 1.45 | 1.29 |
| Price / Net Operating Revenue (X) | 1.20 | 1.74 | 0.66 | 0.26 | 0.28 |
| EarningsYield | 0.03 | 0.02 | 0.06 | 0.10 | 0.08 |
After reviewing the key financial ratios for Apar Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 204.47. This value is within the healthy range. It has decreased from 212.10 (Mar 24) to 204.47, marking a decrease of 7.63.
- For Diluted EPS (Rs.), as of Mar 25, the value is 204.47. This value is within the healthy range. It has decreased from 212.10 (Mar 24) to 204.47, marking a decrease of 7.63.
- For Cash EPS (Rs.), as of Mar 25, the value is 237.38. This value is within the healthy range. It has increased from 234.36 (Mar 24) to 237.38, marking an increase of 3.02.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,121.12. It has increased from 965.01 (Mar 24) to 1,121.12, marking an increase of 156.11.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,121.12. It has increased from 965.01 (Mar 24) to 1,121.12, marking an increase of 156.11.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 4,625.64. It has increased from 4,021.16 (Mar 24) to 4,625.64, marking an increase of 604.48.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 409.96. This value is within the healthy range. It has increased from 400.49 (Mar 24) to 409.96, marking an increase of 9.47.
- For PBIT / Share (Rs.), as of Mar 25, the value is 377.06. This value is within the healthy range. It has increased from 371.68 (Mar 24) to 377.06, marking an increase of 5.38.
- For PBT / Share (Rs.), as of Mar 25, the value is 275.27. This value is within the healthy range. It has decreased from 275.44 (Mar 24) to 275.27, marking a decrease of 0.17.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 204.49. This value is within the healthy range. It has decreased from 205.56 (Mar 24) to 204.49, marking a decrease of 1.07.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 204.46. This value is within the healthy range. It has decreased from 205.40 (Mar 24) to 204.46, marking a decrease of 0.94.
- For PBDIT Margin (%), as of Mar 25, the value is 8.86. This value is below the healthy minimum of 10. It has decreased from 9.95 (Mar 24) to 8.86, marking a decrease of 1.09.
- For PBIT Margin (%), as of Mar 25, the value is 8.15. This value is below the healthy minimum of 10. It has decreased from 9.24 (Mar 24) to 8.15, marking a decrease of 1.09.
- For PBT Margin (%), as of Mar 25, the value is 5.95. This value is below the healthy minimum of 10. It has decreased from 6.84 (Mar 24) to 5.95, marking a decrease of 0.89.
- For Net Profit Margin (%), as of Mar 25, the value is 4.42. This value is below the healthy minimum of 5. It has decreased from 5.11 (Mar 24) to 4.42, marking a decrease of 0.69.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 4.42. This value is below the healthy minimum of 8. It has decreased from 5.10 (Mar 24) to 4.42, marking a decrease of 0.68.
- For Return on Networth / Equity (%), as of Mar 25, the value is 18.23. This value is within the healthy range. It has decreased from 21.28 (Mar 24) to 18.23, marking a decrease of 3.05.
- For Return on Capital Employeed (%), as of Mar 25, the value is 30.72. This value is within the healthy range. It has decreased from 34.72 (Mar 24) to 30.72, marking a decrease of 4.00.
- For Return On Assets (%), as of Mar 25, the value is 7.29. This value is within the healthy range. It has decreased from 8.58 (Mar 24) to 7.29, marking a decrease of 1.29.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.06. This value is below the healthy minimum of 0.2. It has decreased from 0.08 (Mar 24) to 0.06, marking a decrease of 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.10. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.10.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.78. It has decreased from 1.81 (Mar 24) to 1.78, marking a decrease of 0.03.
- For Current Ratio (X), as of Mar 25, the value is 1.47. This value is below the healthy minimum of 1.5. It has decreased from 1.54 (Mar 24) to 1.47, marking a decrease of 0.07.
- For Quick Ratio (X), as of Mar 25, the value is 0.94. This value is below the healthy minimum of 1. It has decreased from 0.99 (Mar 24) to 0.94, marking a decrease of 0.05.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.99. This value is within the healthy range. It has increased from 5.90 (Mar 24) to 5.99, marking an increase of 0.09.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 24.94. This value is within the healthy range. It has increased from 18.55 (Mar 24) to 24.94, marking an increase of 6.39.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 21.48. This value is within the healthy range. It has increased from 16.26 (Mar 24) to 21.48, marking an increase of 5.22.
- For Earning Retention Ratio (%), as of Mar 25, the value is 75.06. This value exceeds the healthy maximum of 70. It has decreased from 81.45 (Mar 24) to 75.06, marking a decrease of 6.39.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 78.52. This value exceeds the healthy maximum of 70. It has decreased from 83.74 (Mar 24) to 78.52, marking a decrease of 5.22.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 4.03. This value is within the healthy range. It has decreased from 4.16 (Mar 24) to 4.03, marking a decrease of 0.13.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.01. This value is within the healthy range. It has decreased from 3.14 (Mar 24) to 3.01, marking a decrease of 0.13.
- For Enterprise Value (Cr.), as of Mar 25, the value is 21,953.65. It has decreased from 27,825.49 (Mar 24) to 21,953.65, marking a decrease of 5,871.84.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.18. This value is within the healthy range. It has decreased from 1.72 (Mar 24) to 1.18, marking a decrease of 0.54.
- For EV / EBITDA (X), as of Mar 25, the value is 13.33. This value is within the healthy range. It has decreased from 17.30 (Mar 24) to 13.33, marking a decrease of 3.97.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.20. This value is within the healthy range. It has decreased from 1.74 (Mar 24) to 1.20, marking a decrease of 0.54.
- For Retention Ratios (%), as of Mar 25, the value is 75.05. This value exceeds the healthy maximum of 70. It has decreased from 81.44 (Mar 24) to 75.05, marking a decrease of 6.39.
- For Price / BV (X), as of Mar 25, the value is 4.94. This value exceeds the healthy maximum of 3. It has decreased from 7.24 (Mar 24) to 4.94, marking a decrease of 2.30.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.20. This value is within the healthy range. It has decreased from 1.74 (Mar 24) to 1.20, marking a decrease of 0.54.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 24) to 0.03, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Apar Industries Ltd:
- Net Profit Margin: 4.42%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 30.72% (Industry Average ROCE: 12.99%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 18.23% (Industry Average ROE: 25.41%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 3.01
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.94
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 38 (Industry average Stock P/E: 51.18)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.1
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 4.42%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Chemicals - Speciality - Others | 301, Panorama Complex, Vadodra Gujarat 390007 | com.sec@apar.com http://www.apar.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Kushal N Desai | Chairman & M.D & CEO |
| Mr. C N Desai | Managing Director |
| Mrs. Nirupa K Bhatt | Ind. Non-Executive Director |
| Mr. Rajesh Sehgal | Ind. Non-Executive Director |
| Mr. Kaushal J Sampat | Ind. Non-Executive Director |
| Mr. Rishabh K Desai | Non Exe.Non Ind.Director |
FAQ
What is the intrinsic value of Apar Industries Ltd?
Apar Industries Ltd's intrinsic value (as of 14 November 2025) is 7201.84 which is 18.84% lower the current market price of 8,874.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 35,652 Cr. market cap, FY2025-2026 high/low of 11,797/4,270, reserves of ₹4,812 Cr, and liabilities of 11,313 Cr.
What is the Market Cap of Apar Industries Ltd?
The Market Cap of Apar Industries Ltd is 35,652 Cr..
What is the current Stock Price of Apar Industries Ltd as on 14 November 2025?
The current stock price of Apar Industries Ltd as on 14 November 2025 is 8,874.
What is the High / Low of Apar Industries Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Apar Industries Ltd stocks is 11,797/4,270.
What is the Stock P/E of Apar Industries Ltd?
The Stock P/E of Apar Industries Ltd is 38.0.
What is the Book Value of Apar Industries Ltd?
The Book Value of Apar Industries Ltd is 1,208.
What is the Dividend Yield of Apar Industries Ltd?
The Dividend Yield of Apar Industries Ltd is 0.57 %.
What is the ROCE of Apar Industries Ltd?
The ROCE of Apar Industries Ltd is 32.7 %.
What is the ROE of Apar Industries Ltd?
The ROE of Apar Industries Ltd is 19.5 %.
What is the Face Value of Apar Industries Ltd?
The Face Value of Apar Industries Ltd is 10.0.