Case study

APARINDS

Apar Industries

Mixed signals
0Score

Apar Industries (APARINDS) Stock Analysis & Case Study

Is APARINDS a good buy? The data-driven verdict.

Apar Industries (APARINDS) trades at ₹16,172,on the numbers it mixed signals, a Downstox Snapshot Score of 52/100.

On the numbers, Apar Industries (APARINDS) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 64.9× earnings, ROE of 20.2%. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

APARINDS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹64,986 Cr
Current price
₹16,172
P/E ratio
64.9×
P/B ratio
12.04×
Book value
₹1,343
Dividend yield
0.32%
ROCE
31.1%
ROE
20.2%
Piotroski F-Score
4/9

Is APARINDS overvalued? APARINDS P/E vs its sector

APARINDS's P/E of 64.9× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.32% dividend yield is below the peer median of 1.65%.

APARINDS P/E
64.9×
Peer median P/E
15.9×
APARINDS div yield
0.32%
Peer median yield
1.65%

The bull case for APARINDS

  • High return on equity (20.2%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise.
  • Strong ROCE (31.1%) shows the core business earns well above its cost of capital.

The bear case & risks

  • A rich 64.9× P/E leaves a thin margin of safety if growth slows.
  • A steep 12.0× price-to-book means most of the value is intangible/expectations, not assets on the books.

APARINDS Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. APARINDS scores 4/9,mixed financial health.

APARINDS MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy APARINDS with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST36.9%2.7×
ZerodhaCHEAPEST36.9%2.7×
Groww37.1%2.7×
DhanCHEAPEST36.9%2.7×

Compare every broker on the APARINDS MTF page.

APARINDS vs peers,sector comparison

StockP/EDiv yieldMarket cap
APARINDS (this stock)64.9×0.32%₹64,986 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About Apar Industries: sector, index & market-cap context

Apar Industries (APARINDS) is a mid-cap NSE-listed company, and a constituent of the Nifty 100 index group, with a market capitalisation of ₹64,986 Cr. See more Nifty 100 stocks.

How the APARINDS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Apar Industries's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

APARINDS analysis, FAQs

Is Apar Industries (APARINDS) a good buy?

On the numbers, Apar Industries (APARINDS) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 64.9× earnings, ROE of 20.2%. This is a data snapshot for research, not investment advice.

Is APARINDS overvalued or undervalued?

APARINDS trades at 64.9× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the bull case for APARINDS?

High return on equity (20.2%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise. Strong ROCE (31.1%) shows the core business earns well above its cost of capital.

What are the risks in APARINDS?

A rich 64.9× P/E leaves a thin margin of safety if growth slows. A steep 12.0× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on APARINDS