Hitachi Energy India vs Apar Industries: share price, P/E, ROE and financials compared
Hitachi Energy India
Apar Industries
Hitachi Energy India and Apar Industries at a glance
Hitachi Energy India and Apar Industries are both listed in Capital Goods. Hitachi Energy India 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 107.7×) and the lower price-to-book (6.93× against 23.94×). On returns and margins, Hitachi Energy India has the higher operating margin (16.1% against 9.5%), while Apar Industries has the higher ROCE (26.7% against 24.9%). Over three years, Hitachi Energy India has faster 3-year sales growth (+22.2% against +17.0% a year) and faster 3-year profit growth (+119.1% against +15.3% a year). Hitachi Energy India carries less debt for its equity, with a debt-to-equity of 0.02× against 0.12×.
Key metrics, side by side
| Metric | Hitachi Energy IndiaPOWERINDIA | Apar IndustriesAPARINDS |
|---|---|---|
| Price (₹) | 27,800.00 | 14,106.00 |
| Market cap (₹ Cr) | 1,23,911 | 59,065 |
| P/E | 107.7× | 41.6× (the lower figure, shaded) |
| P/B | 23.94× | 6.93× (the lower figure, shaded) |
| Dividend yield, trailing | 0.03% | 0.43% (the higher figure, shaded) |
| ROE | 21.0% | 20.6% |
| ROCE | 24.9% | 26.7% (the higher figure, shaded) |
| Operating margin (OPM) | 16.1% (the higher figure, shaded) | 9.5% |
| Net margin (NPM) | 12.6% (the higher figure, shaded) | 5.4% |
| Sales CAGR 3Y | +22.2% (the higher figure, shaded) | +17.0% |
| Profit CAGR 3Y | +119.1% (the higher figure, shaded) | +15.3% |
| Debt to equity | 0.02× (the lower figure, shaded) | 0.12× |
| Interest cover | 104.4× (the higher figure, shaded) | 5.6× |
| Net profit TTM (₹ Cr) | – | 1,377 |
| 1Y return | +37.9% | +87.2% (the higher figure, shaded) |
| Promoter holding | 71.31% | – |
Hitachi Energy India vs Apar Industries: common questions
Which is bigger, Hitachi Energy India or Apar Industries?
By market cap, Hitachi Energy India is bigger at ₹1.2L Cr, against ₹59,065 Cr for Apar Industries (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Hitachi Energy India or Apar Industries?
Hitachi Energy India trades at a P/E of 107.7× 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, Hitachi Energy India or Apar Industries?
Hitachi Energy India reports a return on equity of 21.0% and Apar Industries 20.6%. The two are close. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Hitachi Energy India or Apar Industries?
Over the last three years: Sales grew +22.2% a year at Hitachi Energy India and +17.0% at Apar Industries, so Hitachi Energy India grew sales faster; profit grew +119.1% a year at Hitachi Energy India and +15.3% at Apar Industries, so Hitachi Energy India grew profit faster. Past growth doesn’t predict future growth.