Comparison · NSE · data 2026-11-02
APAR Industries Limited vs Hitachi Energy India Limited
In plain words
Size: Hitachi Energy India Limited is about 1.9 times the market value of APAR Industries Limited.
Valuation (P/E): Hitachi Energy India Limited 108.6 vs APAR Industries Limited 45.3.
Profit growth over 3 years: Hitachi Energy India Limited 119.1% a year vs APAR Industries Limited 15.3% a year.
Debt to equity: APAR Industries Limited 0.18 vs Hitachi Energy India Limited 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| APARINDS | POWERINDIA | |
|---|---|---|
| Price | ₹15,425 | ₹28,015 |
| Market cap | ₹65,741 cr | ₹1,22,841 cr |
| P/E | 45.3 | 108.6 |
| P/B | 7.6 | — |
| ROE | 19.7% | 21.0% |
| ROCE | 32.3% | 24.6% |
| Debt / equity | 0.18 | 0.02 |
| Operating margin | 8.8% | 15.4% |
| Dividend yield | 0.38% | 0.03% |
| Sales growth, 3 years (yearly) | 16.9% | 22.2% |
| Profit growth, 3 years (yearly) | 15.3% | 119.1% |
| 1-year return | 66.8% | 56.3% |
| Revenue, last 12 months | ₹25,605 cr | ₹9,163 cr |
| Net profit, last 12 months | ₹1,377 cr | ₹1,150 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹447 cr | ₹294 cr |
| Quarter profit vs a year earlier | +77.7% | +123.5% |
| Promoter holding | 55.42% | 71.31% |
| Health check | Strong (7/10) | Strong (6.7/10) |
Common questions
Which has a higher P/E, APAR Industries Limited or Hitachi Energy India Limited?
Hitachi Energy India Limited trades at the higher P/E (108.6 against 45.3). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Hitachi Energy India Limited (21.0% against 19.7%).
Which carries more debt?
APAR Industries Limited has the higher debt-to-equity ratio (0.18 against 0.02).