{"id":313438,"date":"2026-10-16T13:01:37","date_gmt":"2026-10-16T07:31:37","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=313438"},"modified":"2026-10-16T13:01:37","modified_gmt":"2026-10-16T07:31:37","slug":"aparinds-best-stock-in-its-sector-2","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/","title":{"rendered":"Is Apar Industries the Best Stock in Its Sector? A Look at the Numbers"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Apar Industries CMP Rs 16,914 (16 Oct 2026). Market cap Rs 70,803 Cr. ROE 18.11%. P\/E 59.93x versus Industry P\/E 45.89x.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Apar Industries is one of the names investors compare when screening the Electricals sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.<\/p>\n<\/p><\/div>\n<p>Is <a href=\"https:\/\/univest.in\/stocks\/aparinds\/apar-industries-ltd-share-price-today\">Apar Industries<\/a> the best stock in its sector? The stock trades on the NSE at Rs 16,914 as of 16 October 2026, within its 52-week range of Rs 6,801.00 to Rs 19,265.00. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/abbott-india-best-stock-in-its-sector\">Is Abbott India the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=aparinds-best-stock-in-its-sector\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#About_Apar_Industries\" title=\"About Apar Industries\">About Apar Industries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#Is_Apar_Industries_the_Best_Stock_in_Its_Sector\" title=\"Is Apar Industries the Best Stock in Its Sector?\">Is Apar Industries the Best Stock in Its Sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#How_Apar_Industries_Compares_Against_Its_Electricals_Sector_Peers\" title=\"How Apar Industries Compares Against Its Electricals Sector Peers\">How Apar Industries Compares Against Its Electricals Sector Peers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#What_Makes_Apar_Industries_Worth_Watching_in_Electricals\" title=\"What Makes Apar Industries Worth Watching in Electricals\">What Makes Apar Industries Worth Watching in Electricals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#Apar_Industries_Valuation_Is_It_Justified\" title=\"Apar Industries Valuation: Is It Justified?\">Apar Industries Valuation: Is It Justified?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#How_to_Track_Apar_Industries_Before_You_Invest\" title=\"How to Track Apar Industries Before You Invest\">How to Track Apar Industries Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#Is_Apar_Industries_the_best_stock_in_its_sector\" title=\"Is Apar Industries the best stock in its sector?\">Is Apar Industries the best stock in its sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#What_is_the_current_share_price_of_Apar_Industries\" title=\"What is the current share price of Apar Industries?\">What is the current share price of Apar Industries?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#What_sector_does_Apar_Industries_belong_to\" title=\"What sector does Apar Industries belong to?\">What sector does Apar Industries belong to?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#How_does_Apar_Industries_compare_to_its_sector_peers_on_PE\" title=\"How does Apar Industries compare to its sector peers on P\/E?\">How does Apar Industries compare to its sector peers on P\/E?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#What_is_Apar_Industries_return_on_equity\" title=\"What is Apar Industries&#8217; return on equity?\">What is Apar Industries&#8217; return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/aparinds-best-stock-in-its-sector-2\/#Should_I_invest_in_Apar_Industries_based_on_its_sector_position\" title=\"Should I invest in Apar Industries based on its sector position?\">Should I invest in Apar Industries based on its sector position?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_Apar_Industries\"><\/span><strong>About Apar Industries<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Apar Industries Ltd is a Mumbai based manufacturer of conductors, cables and specialty oils. Its products include aluminium alloy conductors for power transmission, power and telecom cables, and transformer and industrial oils, with a meaningful share of sales coming from exports. At a market capitalisation of Rs 70,803 Cr, it is tracked as part of the Electricals sector on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Apar_Industries_the_Best_Stock_in_Its_Sector\"><\/span><strong>Is Apar Industries the Best Stock in Its Sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Apar Industries&#8217; case in the sector rests on return quality rather than cheap valuation, since the stock trades at a premium to its Industry P\/E. Apar Industries&#8217; 59.93x P\/E is above the 45.89x Industry P\/E, Polycab India at 38.67x and KEI Industries at 43.94x, while its 18.11% ROE is lower than Polycab India at 22.25%, though higher than KEI Industries at 13.78%, and its debt to equity ratio of 0.18 is above Polycab India at 0.02 and KEI Industries at 0.04.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Metric<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Apar Industries<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">CMP (NSE)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 16,914.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">52-Week High \/ Low<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 19,265.00 \/ Rs 6,801.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Market Cap<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 70,803 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/E (TTM) vs Industry P\/E<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">59.93x vs 45.89x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/B<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">8.97<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">ROE<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">18.11%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">EPS (TTM)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 282.17<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Dividend Yield<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.34%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Debt to Equity<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.18<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Apar Industries Against Other Electricals Sector Stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Apar_Industries_Compares_Against_Its_Electricals_Sector_Peers\"><\/span><strong>How Apar Industries Compares Against Its Electricals Sector Peers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets Apar Industries against 2 other Electricals sector names, using the same live data source for every company. A peer average row is included for P\/E, ROE and debt to equity, calculated across the 2 peer companies.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/aparinds\/apar-industries-ltd-share-price-today\">Apar Industries<\/a><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">70,803<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">59.93<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">18.11%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.18<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Polycab India<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">1,23,827<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">38.67<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">22.25%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">KEI Industries<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">43,797<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">43.94<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">13.78%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.04<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>Peer average (2 companies)<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">&#8211;<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>41.30<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>18.02%<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>0.03<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Measured against the peer averages, Apar Industries&#8217; P\/E is 45 percent above the 41.30x average, and its ROE is almost level with the 18.02% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Makes_Apar_Industries_Worth_Watching_in_Electricals\"><\/span><strong>What Makes Apar Industries Worth Watching in Electricals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Scale:<\/strong> At Rs 70,803 Cr, its market capitalisation is larger than KEI Industries (Rs 43,797 Cr), though smaller than Polycab India (Rs 1,23,827 Cr), which is a useful reminder that the peers differ in size as well as in valuation.<\/li>\n<li><strong>Sector drivers:<\/strong> Spending on transmission and distribution networks, renewable evacuation lines and export orders for conductors are the main drivers of its order flow.<\/li>\n<li><strong>Key risk:<\/strong> The stock trades at a high multiple of earnings, and swings in aluminium, copper and crude oil linked input prices can affect margins.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Apar_Industries_Valuation_Is_It_Justified\"><\/span><strong>Apar Industries Valuation: Is It Justified?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At a P\/B ratio of 8.97, the market pays about Rs 8.97 for every rupee of book value, and the EPS (TTM) of Rs 282.17 is the earnings base behind the P\/E. The stock trades about 12 percent below its 52-week high and about 2.5 times its 52-week low. The dividend yield of 0.34% is a modest income component, so returns depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/ofss-best-stock-in-its-sector\">Is Oracle Financial Services Software the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Apar Industries and other Electricals sector stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Track_Apar_Industries_Before_You_Invest\"><\/span><strong>How to Track Apar Industries Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before deciding whether Apar Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Electricals sector peers using the steps below.<\/p>\n<ol>\n<li>Open the Univest Screener and search for Apar Industries to view live price, valuation ratios, and peer comparisons within the Electricals sector.<\/li>\n<li>Compare its P\/E, P\/B, and ROE against other Electricals sector stocks before deciding if the current valuation fits your strategy.<\/li>\n<li>Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.<\/li>\n<li>Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Apar Industries gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Electricals depends on how much weight you give each of them and on how the business executes from here. Because the stock trades above its sector benchmark, execution matters more than usual if the current valuation is to hold. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Is_Apar_Industries_the_best_stock_in_its_sector\"><\/span><strong>Is Apar Industries the best stock in its sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Apar Industries has an 18.11% ROE and trades at 59.93x P\/E against a 45.89x Industry P\/E. Against the 2 peers compared in this article, its ROE is above the 18.02% peer average and its P\/E is above the 41.30x peer average. Its debt to equity ratio of 0.18 is above the 0.03 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_share_price_of_Apar_Industries\"><\/span><strong>What is the current share price of Apar Industries?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Apar Industries was trading at Rs 16,914.00 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 6,801.00 to Rs 19,265.00. That leaves the share price 12 percent short of the 52-week high and 2.5 times the 52-week low. Its market capitalisation is Rs 70,803 Cr and its EPS (TTM) is Rs 282.17, which is the earnings figure behind the 59.93x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_does_Apar_Industries_belong_to\"><\/span><strong>What sector does Apar Industries belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Apar Industries is classified under the Electricals sector on Univest, and that group of listed companies is the reference point for the 45.89x Industry P\/E used in this article. The 2 named peers compared here are Polycab India and KEI Industries, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Electricals sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Apar_Industries_compare_to_its_sector_peers_on_PE\"><\/span><strong>How does Apar Industries compare to its sector peers on P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Apar Industries&#8217; P\/E of 59.93x is above the 41.30x average of the 2 named peers, with Polycab India at 38.67x and KEI Industries at 43.94x. It also sits above the 45.89x Industry P\/E, which is the benchmark for the wider Electricals sector. A P\/E that is above a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 8.97 gives one more view of how the market values its book value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Apar_Industries_return_on_equity\"><\/span><strong>What is Apar Industries&#8217; return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Apar Industries reported a return on equity of 18.11%, which is above the 18.02% average of its named peers, with Polycab India at 22.25% and KEI Industries at 13.78%. ROE shows how much profit a company generates on every rupee of shareholders&#8217; equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.18 against a peer average of 0.03. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_invest_in_Apar_Industries_based_on_its_sector_position\"><\/span><strong>Should I invest in Apar Industries based on its sector position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Sector position is only one input into an investment decision. Apar Industries has an 18.11% ROE and a 59.93x P\/E, which make it worth researching further, and its dividend yield is 0.34%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is Apar Industries the best stock in its sector?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Apar Industries has an 18.11% ROE and trades at 59.93x P\/E against a 45.89x Industry P\/E. Against the 2 peers compared in this article, its ROE is above the 18.02% peer average and its P\/E is above the 41.30x peer average. Its debt to equity ratio of 0.18 is above the 0.03 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.\"}},{\"@type\":\"Question\",\"name\":\"What is the current share price of Apar Industries?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Apar Industries was trading at Rs 16,914.00 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 6,801.00 to Rs 19,265.00. That leaves the share price 12 percent short of the 52-week high and 2.5 times the 52-week low. Its market capitalisation is Rs 70,803 Cr and its EPS (TTM) is Rs 282.17, which is the earnings figure behind the 59.93x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.\"}},{\"@type\":\"Question\",\"name\":\"What sector does Apar Industries belong to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Apar Industries is classified under the Electricals sector on Univest, and that group of listed companies is the reference point for the 45.89x Industry P\/E used in this article. The 2 named peers compared here are Polycab India and KEI Industries, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Electricals sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.\"}},{\"@type\":\"Question\",\"name\":\"How does Apar Industries compare to its sector peers on P\/E?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Apar Industries' P\/E of 59.93x is above the 41.30x average of the 2 named peers, with Polycab India at 38.67x and KEI Industries at 43.94x. It also sits above the 45.89x Industry P\/E, which is the benchmark for the wider Electricals sector. A P\/E that is above a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 8.97 gives one more view of how the market values its book value.\"}},{\"@type\":\"Question\",\"name\":\"What is Apar Industries' return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Apar Industries reported a return on equity of 18.11%, which is above the 18.02% average of its named peers, with Polycab India at 22.25% and KEI Industries at 13.78%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.18 against a peer average of 0.03. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.\"}},{\"@type\":\"Question\",\"name\":\"Should I invest in Apar Industries based on its sector position?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sector position is only one input into an investment decision. Apar Industries has an 18.11% ROE and a 59.93x P\/E, which make it worth researching further, and its dividend yield is 0.34%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is Apar Industries the best stock in its Electricals sector? A data-driven comparison against named peers on P\/E, ROE and more.<\/p>\n","protected":false},"author":34,"featured_media":313437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5839,1019],"class_list":["post-313438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-sector-stocks","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["313437"],"rank_math_title":["Is Apar Industries the Best Stock in Its Sector? A Look at the Numbers"],"rank_math_description":["Is Apar Industries the best stock in its Electricals sector? A data-driven comparison against named peers on P\/E, ROE and more."],"rank_math_focus_keyword":["Is Apar Industries the Best Stock in Its Sector? 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