Apar Industries Ltd.

NSE: APARINDS

NIFTY500

₹16,665.00+111.7%1Y

Last updated 02:58:21 IST· Public market feed (~15 min delay during market hours)

Apar Industries Ltd.: A 30-second snapshot

Apar Industries (₹12,650) has gained 95.44% over the past 12 months and trades above both its 50-DMA (₹11,011) and 200-DMA (₹9,269), near its 52-week high. The company carries a debt-to-equity ratio of 14.50 with a rising debt trend, set against a 4.53% profit margin and 5-year revenue and earnings CAGRs of 16.2% and 19.2% respectively. Quality score of 41 ranks 4th among 6 Infrastructure peers, with trailing PE of 52.4x sitting in the mid-range of the sector (33–109x).

P/E

52.4

Forward P/E

44.2

ROE

—

Debt / Equity

14.50

Profit Margin

+4.5%

Div. Yield

+0.4%

5Y ROE > 15%

3/5

5Y FCF > 0

3/5

Quality

50/100

Recent context

·No news articles were retrieved for APARINDS in the current data run, leaving recent corporate developments, order announcements, and management commentary unassessed from this source.
·The stock has risen 32.05% over the past 3 months and sits within 2.87% of its 52-week high, with RSI at 61.67 — in the neutral-to-upper band — and no resistance levels identified above the current price in the technical model.
·The nearest technical support cluster identified by the model is at ₹9,298–₹9,326, approximately 26–27% below the current price of ₹12,650, with no intermediate levels detected between that cluster and current price.

Strengths

+5-year revenue CAGR of 16.2% and earnings CAGR of 19.2% indicate sustained top-line and bottom-line expansion over the medium term.
+Price trades 36.5% above the 50-DMA (₹11,011) and 36.5% above the 200-DMA (₹9,269), reflecting a well-established upward trend across both time horizons.
+Forward PE of 44.2x represents a compression from the trailing PE of 52.4x, implying the market is pricing in continued earnings growth.
+Consistency score of 71 from the fundamental persistence module, with ROE above 15% in 3 of available years, reflects a track record of delivering above-threshold returns in more years than not.

Weaknesses

−Debt-to-equity of 14.50 with a rising debt trend is materially elevated relative to infrastructure-sector norms, creating significant solvency sensitivity to business cycles or financing cost increases.
−Profit margin of 4.53% leaves a narrow absolute buffer — high financial leverage means even modest earnings compression could have an outsized impact on equity value.
−FCF was positive in only 3 of the years tracked by the persistence module, indicating the business has not consistently generated surplus cash above capital expenditure requirements.
−Quality score of 41 ranks 4th of 6 Infrastructure peers in this analysis, with sector comparables BEL (57) and ABB (47) scoring higher on the composite quality metric.

Open questions

?How does Apar Industries manage refinancing risk given a debt-to-equity of 14.50 in a rising-rate or credit-tightening environment, and what proportion of the debt is fixed-rate versus floating?
?Is the 19.2% 5-year earnings CAGR driven primarily by operating leverage on growing revenues, or does financial leverage (14.5x D/E) account for a meaningful share of the earnings growth?
?Given that FCF was positive in only 3 of the tracked years, how is the company funding capital expenditure and debt service — and how sustainable is that funding mix at current order-book levels?
?Does the 95.44% 1-year price appreciation reflect a re-rating of the business model, or is it primarily a function of the infrastructure capex cycle, and how correlated is Apar Industries' order flow to government infrastructure spending timelines?

Peer comparison: Infrastructure

Ranks 4 of 6 on quality

Symbol	Name	P/E	ROE	Quality
APARINDS	Apar Industries Ltd.You're viewing	52.4	—	41
Industry avg	across 5 peers	69.5	+18.3%	40
BEL	Bharat Electronics Ltd.	51.8	—	57
ABB	ABB India Ltd.	87.0	—	47
CGPOWER	CG Power and Industrial Solutions Ltd.	108.7	+19.6%	45
LT	Larsen & Toubro Ltd.	33.4	+16.9%	26
CUMMINSIND	Cummins India Ltd.	66.7	—	24

Technical state

Current price

₹12,650.00

SMA 50

₹11,011.25

SMA 200

₹9,269.29

RSI (14)

61.7 (neutral)

From 52w high

-2.9%

1Y return

+95.4%

3M return

+32.0%

50-DMA

Above

200-DMA

Above

Algorithmic support levels

₹9,325.50

₹9,298.50

₹8,856.00

Risk flags

high
Debt-to-equity of 14.50 is far above infrastructure-sector norms, with the debt trend classified as rising — high financial leverage amplifies sensitivity to any revenue shortfall or margin compression on a 4.53% profit margin base.
high
Profit margin of 4.53% provides a narrow earnings buffer: a small cost overrun or revenue miss can disproportionately erode reported profits given leverage of 14.5x equity.
medium
ROE data is unavailable for APARINDS and three of five sector peers, preventing direct assessment of whether elevated financial leverage is translating into above-average equity returns. FCF was positive in only 3 of the available years, consistent with a capital-intensive balance sheet.
medium
After a 95.44% 1-year price gain and a 32.05% 3-month move, the nearest identified support levels (₹9,298–₹9,326) sit roughly 26–27% below the current price of ₹12,650, indicating a wide gap to meaningful technical floors with no resistance levels detected above current price.
low
Zero news articles were retrieved; the news sentiment module returned no data for this symbol, leaving recent qualitative developments entirely unassessed.

Cross-section contradictions

The stock has risen 95.44% over the past year and trades within 2.87% of its 52-week high, while carrying a debt-to-equity of 14.50 (rising trend) and a 4.53% profit margin — the price appreciation significantly outpaces visible balance-sheet improvement.
APARINDS ranks 4th of 6 on quality score (41 vs BEL at 57) and 3rd of 6 on trailing PE (52.4x vs sector range 33–109x), yet its 1-year return of 95.44% is the only 1-year figure populated in the peer set, making relative performance context unverifiable.

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For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.

Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST

AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days