CGPOWER vs Apar Industries: share price, P/E, ROE and financials compared
CG Power and Industrial Solutions
Apar Industries
CGPOWER and Apar Industries at a glance
CGPOWER and Apar Industries are both listed in Capital Goods. CGPOWER is the larger by market cap, at ₹1.2L Cr against ₹59,065 Cr for Apar Industries (2.1 times as large). On valuation, Apar Industries has the lower P/E (41.6× against 88.6×) and the lower price-to-book (6.93× against 13.91×). On returns and margins, CGPOWER has the higher operating margin (13.1% against 9.5%), while Apar Industries has the higher ROCE (26.7% against 19.3%) and the higher ROE (20.6% against 16.4%). Over three years, CGPOWER has faster 3-year sales growth (+21.2% against +17.0% a year), while Apar Industries has faster 3-year profit growth (+15.3% against +7.8% a year). CGPOWER carries less debt for its equity, with a debt-to-equity of 0.02× against 0.12×.
Key metrics, side by side
| Metric | CGPOWERCGPOWER | Apar IndustriesAPARINDS |
|---|---|---|
| Price (₹) | 773.00 | 14,106.00 |
| Market cap (₹ Cr) | 1,21,785 | 59,065 |
| P/E | 88.6× | 41.6× (the lower figure, shaded) |
| P/B | 13.91× | 6.93× (the lower figure, shaded) |
| Dividend yield, trailing | 0.17% | 0.43% (the higher figure, shaded) |
| ROE | 16.4% | 20.6% (the higher figure, shaded) |
| ROCE | 19.3% | 26.7% (the higher figure, shaded) |
| Operating margin (OPM) | 13.1% (the higher figure, shaded) | 9.5% |
| Net margin (NPM) | 10.0% (the higher figure, shaded) | 5.4% |
| Sales CAGR 3Y | +21.2% (the higher figure, shaded) | +17.0% |
| Profit CAGR 3Y | +7.8% | +15.3% (the higher figure, shaded) |
| Debt to equity | 0.02× (the lower figure, shaded) | 0.12× |
| Interest cover | 134.6× (the higher figure, shaded) | 5.6× |
| Net profit TTM (₹ Cr) | 1,375 | 1,377 |
| 1Y return | +8.2% | +87.2% (the higher figure, shaded) |
| Promoter holding | 56.34% | – |
CGPOWER vs Apar Industries: common questions
Which is bigger, CGPOWER or Apar Industries?
By market cap, CGPOWER is bigger at ₹1.2L Cr, against ₹59,065 Cr for Apar Industries (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,375 Cr for CGPOWER and ₹1,377 Cr for Apar Industries.
Which has a lower P/E ratio, CGPOWER or Apar Industries?
CGPOWER trades at a P/E of 88.6× and Apar Industries at 41.6×. Apar Industries has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, CGPOWER or Apar Industries?
CGPOWER reports a return on equity of 16.4% and Apar Industries 20.6%. Apar Industries has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, CGPOWER or Apar Industries?
Over the last three years: Sales grew +21.2% a year at CGPOWER and +17.0% at Apar Industries, so CGPOWER grew sales faster; profit grew +7.8% a year at CGPOWER and +15.3% at Apar Industries, so Apar Industries grew profit faster. Past growth doesn’t predict future growth.