APARINDS vs PIGL: Stock Comparison
Apar Industries Limited vs Power & Instrumentation (Gujarat) Ltd
Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings
Apar Industries Limited is the larger company by market capitalisation. Apar Industries Limited shows a higher ROE, a higher dividend yield and faster revenue growth, while Power & Instrumentation (Gujarat) Ltd shows a lower P/E, lower leverage and a higher net margin. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Side-by-side comparison of Apar Industries Limited and Power & Instrumentation (Gujarat) Ltd on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | APARINDS | PIGL |
|---|---|---|
| Sector | Capital Goods | — |
| Industry | Other Electrical Equipment | — |
Price
| Metric | APARINDS | PIGL |
|---|---|---|
| Live Price | ₹13,889 | ₹105.29 |
| Day Change | 3.47% | -3.9% |
| Volume | 4.85 L | 1.87 L |
| 52-Week High | ₹17,157 | ₹155.47 |
| 52-Week Low | ₹6,801 | ₹88.05 |
| Distance from 52W High | -19.05% | -32.28% |
Valuation
| Metric | APARINDS | PIGL |
|---|---|---|
| Market Cap | ₹55,910 Cr | ₹206 Cr |
| P/E Ratio | 96.7x | 14.48x |
| P/B Ratio | 10.32x | 1.37x |
| EPS | ₹238.53 | ₹6.81 |
| Book Value | ₹1,342.64 | ₹72.1 |
| Dividend Yield | 0.37% | 0.18% |
Growth
| Metric | APARINDS | PIGL |
|---|---|---|
| Revenue Growth (TTM YoY) | 26.7% | 0% |
| EPS Growth (TTM YoY) | 1.2% | 0% |
| Qtr Sales Growth | 26.7% | 6.24% |
| Qtr Profit Growth | 3.66% | 29.5% |
Profitability & Leverage
| Metric | APARINDS | PIGL |
|---|---|---|
| ROE | 20.2% | 11% |
| ROCE | 31.1% | 15.5% |
| Net Margin | 4.37% | 6.78% |
| Operating Margin | 8.19% | 10.5% |
| Debt to Equity | 0.18x | 0.09x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | APARINDS | PIGL |
|---|---|---|
| Promoter Holding | 57.76%▼ 0.01 pp | 50.69%▲ 1.26 pp |
| FII Holding | 10.75%▲ 1.38 pp | 0%▼ 0.01 pp |
| DII Holding | 23.02%▼ 1.13 pp | 0.82%▲ 0.11 pp |
| Public Holding | 8.46%▼ 0.25 pp | 48.49%▼ 1.37 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Apar Industries Limited and Power & Instrumentation (Gujarat) Ltd.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

