Apar Key Ratios
NSE: APARINDS | BSE: 532259
₹14,667.00
As on 13-Nov-2026IST
Market cap
₹61,415 Cr
Revenue (TTM)
₹25,605 Cr
P/E Ratio
44.6
P/B Ratio
7.2
Div. Yield
0.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 5.16 | 21.27 | 23.42 | 17.68 | 27.19 |
| EBIT | -5.37 | 58.43 | 41.80 | 18.38 | 39.37 |
| Net Profit | -4.31 | 77.72 | 49.13 | 21.36 | 41.24 |
| EPS | -8.19 | 70.50 | 44.65 | 18.20 | 39.03 |
| Book Value | -- | -- | 19.14 | 31.70 | 29.56 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 8.40 | 7.43 | 8.76 | 7.64 | 7.90 |
| Net Margin
| 4.78 | 4.18 | 5.35 | 4.25 | 4.40 |
| Return on equity
| 23.05 | 23.03 | 20.14 | 19.81 | 19.61 |
| Return on Capital
| 37.66 | 38.21 | -- | 31.84 | 33.47 |
| Return on Assets
| 8.69 | 7.59 | 9.98 | 7.82 | 7.87 |
| Debt to Equity (x)
| -- | -- | 0.07 | 0.16 | 0.10 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
--
|
31.84
|
33.47
|
45.08
|
52.72
|
|
Peer Median
|
--
|
21.42
|
21.88
|
--
|
--
|
ROE
20.14
Higher than Peers by 6.98
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
20.14
|
19.81
|
19.61
|
27.00
|
32.28
|
|
Peer Median
|
13.16
|
19.81
|
15.89
|
--
|
--
|
ROA
9.98
Higher than Peers by 2.89
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
9.98
|
7.82
|
7.87
|
9.25
|
8.60
|
|
Peer Median
|
7.09
|
7.08
|
6.77
|
--
|
--
|
EBIT Margin
8.76
Higher than Peers by 0.19
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
8.76
|
7.64
|
7.90
|
9.00
|
7.92
|
|
Peer Median
|
8.57
|
8.52
|
8.38
|
--
|
--
|
Net Margin
5.35
Higher than Peers by 0.27
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
5.35
|
4.25
|
4.40
|
5.08
|
4.43
|
|
Peer Median
|
5.08
|
8.87
|
5.08
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
--
|
4.96
|
5.12
|
5.80
|
5.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
23.42
Higher than Peers by 10.83
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
23.42
|
23.25
|
15.03
|
12.67
|
53.88
|
|
Peer Median
|
12.60
|
15.84
|
8.98
|
--
|
--
|
EBIT Growth
41.80
Higher than Peers by 28.74
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
41.80
|
19.24
|
0.94
|
28.10
|
161.03
|
|
Peer Median
|
13.06
|
7.57
|
10.05
|
--
|
--
|
Net Profit Growth
49.13
Higher than Peers by 30.20
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
49.13
|
18.95
|
-0.46
|
29.38
|
148.40
|
|
Peer Median
|
18.92
|
-1.68
|
38.53
|
--
|
--
|
EPS Growth
44.65
Higher than Peers by 30.36
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
44.65
|
18.95
|
-0.46
|
23.26
|
148.40
|
|
Peer Median
|
14.29
|
-7.81
|
13.54
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
--
|
19.14
|
16.12
|
73.33
|
30.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.07
Higher than Peers by 0.01
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
0.07
|
0.16
|
0.10
|
0.10
|
0.14
|
|
Peer Median
|
0.06
|
0.16
|
0.10
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
--
|
0.06
|
0.01
|
0.00
|
0.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.91
Higher than Peers by 0.44
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
1.91
|
1.45
|
1.47
|
1.54
|
1.22
|
|
Peer Median
|
1.47
|
1.45
|
1.54
|
--
|
--
|
Quick Ratio
1.19
Higher than Peers by 0.08
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
1.19
|
0.91
|
0.95
|
1.00
|
0.77
|
|
Peer Median
|
1.11
|
1.19
|
1.10
|
--
|
--
|
Interest Coverage
4.64
Higher than Peers by 0.80
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
4.64
|
3.76
|
3.49
|
3.56
|
3.48
|
|
Peer Median
|
3.84
|
3.76
|
3.56
|
--
|
--
|
Operating Efficiency
Debtors to sales
20.48
Higher than Peers by 0.65
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
20.48
|
23.29
|
21.95
|
24.32
|
22.31
|
|
Peer Median
|
19.83
|
18.12
|
19.45
|
--
|
--
|
Asset Turnover
1.86
Higher than Peers by 0.86
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
1.86
|
1.84
|
1.78
|
1.82
|
1.94
|
|
Peer Median
|
0.99
|
0.94
|
1.06
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
--
|
74.82
|
78.48
|
80.24
|
72.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
--
|
59.32
|
60.52
|
61.25
|
59.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
--
|
33.40
|
28.32
|
27.48
|
39.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
--
|
100.74
|
110.68
|
114.00
|
93.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
44.60
Higher than Peers by 5.04
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
44.60
|
40.61
|
27.08
|
34.01
|
15.02
|
|
Peer Median
|
39.56
|
39.56
|
60.07
|
--
|
--
|
Price / Book Value
7.21
No difference
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
7.21
|
7.40
|
4.94
|
7.24
|
4.28
|
|
Peer Median
|
7.21
|
7.21
|
10.12
|
--
|
--
|
Dividend Yield
0.41
Lower than Peers by 0.08
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
0.41
|
0.61
|
0.92
|
0.73
|
1.60
|
|
Peer Median
|
0.49
|
0.49
|
0.42
|
--
|
--
|
EV/EBITDA
23.95
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
23.95
|
20.11
|
13.06
|
16.82
|
7.18
|
|
Peer Median
|
--
|
35.12
|
44.95
|
--
|
--
|
Market Cap
61,415
Higher than Peers by 23,592
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apar
|
61,415
|
39,669
|
22,245
|
28,066
|
9,581
|
|
Peer Median
|
37,823
|
37,823
|
32,777
|
--
|
--
|