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.

On standard readings, APARINDS is more favourable on 7 of 13 scored metrics and PIGL on 6These counts are context-free and are not an overall rating.

Key Differences

Market Cap
APARINDS is the larger company
₹55,910 Cr vs ₹206 Cr
P/E Ratio
PIGL has a lower P/E
14.48x vs 96.7x
P/B Ratio
PIGL has a lower P/B
1.37x vs 10.32x
EPS
APARINDS has higher earnings per share
₹238.53 vs ₹6.81
Dividend Yield
APARINDS has a higher dividend yield
0.37% vs 0.18%
Revenue Growth (TTM YoY)
APARINDS has faster revenue growth
26.7% vs 0%
EPS Growth (TTM YoY)
APARINDS has faster EPS growth
1.2% vs 0%
Qtr Sales Growth
APARINDS has stronger quarterly sales growth
26.7% vs 6.24%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricAPARINDSPIGL
SectorCapital Goods
IndustryOther Electrical Equipment

Price

MetricAPARINDSPIGL
Live Price₹13,889₹105.29
Day Change3.47%-3.9%
Volume4.85 L1.87 L
52-Week High₹17,157₹155.47
52-Week Low₹6,801₹88.05
Distance from 52W High-19.05%-32.28%

Valuation

MetricAPARINDSPIGL
Market Cap₹55,910 Cr₹206 Cr
P/E Ratio96.7x14.48x
P/B Ratio10.32x1.37x
EPS₹238.53₹6.81
Book Value₹1,342.64₹72.1
Dividend Yield0.37%0.18%

Growth

MetricAPARINDSPIGL
Revenue Growth (TTM YoY)26.7%0%
EPS Growth (TTM YoY)1.2%0%
Qtr Sales Growth26.7%6.24%
Qtr Profit Growth3.66%29.5%

Profitability & Leverage

MetricAPARINDSPIGL
ROE20.2%11%
ROCE31.1%15.5%
Net Margin4.37%6.78%
Operating Margin8.19%10.5%
Debt to Equity0.18x0.09x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricAPARINDSPIGL
Promoter Holding57.76% 0.01 pp50.69% 1.26 pp
FII Holding10.75% 1.38 pp0% 0.01 pp
DII Holding23.02% 1.13 pp0.82% 0.11 pp
Public Holding8.46% 0.25 pp48.49% 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.

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.