APS vs BALUFORGE: Stock Comparison

APS vs BALU FORGE INDUSTRIESUpdated 18 Sept 26, 4:08 PM ISTNSE & company filings

BALU FORGE INDUSTRIES is the larger company by market capitalisation. APS shows a lower P/E, a higher ROE and a higher dividend yield, while BALU FORGE INDUSTRIES shows 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.

Metric snapshot

APS leads 7; BALUFORGE leads 6 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

APSBALUFORGE

Valuation lens

What price are you paying?

Market CapContext only
₹465 Cr
₹6,277 Cr
P/E RatioAPS has the lower reading
10.17x
22.63x
P/B RatioAPS has the lower reading
3.59x
3.78x
EPSAPS has the higher reading
₹28.7
₹5.52
Book ValueContext only
₹81.49
₹133.23
Dividend YieldAPS has the higher reading
0.04%
0.03%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
BALUFORGE is the larger company
₹6,277 Cr vs ₹465 Cr
P/E Ratio
APS has a lower P/E
10.17x vs 22.63x
P/B Ratio
APS has a lower P/B
3.59x vs 3.78x
EPS
APS has higher earnings per share
₹28.7 vs ₹5.52
Dividend Yield
APS has a higher dividend yield
0.04% vs 0.03%
Revenue Growth (TTM YoY)
APS has faster revenue growth
0% vs -2.3%
EPS Growth (TTM YoY)
BALUFORGE has faster EPS growth
12.4% vs 0%
Qtr Sales Growth
BALUFORGE has stronger quarterly sales growth
71.83% vs 2.76%

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

Profile

MetricAPSBALUFORGE
SectorCapital Goods
IndustryCastings & Forgings

Price

MetricAPSBALUFORGE
Live Price₹522.15
Day Change4.1%
Volume10.44 L
52-Week High₹692
52-Week Low₹341.05
Distance from 52W High-24.54%

Valuation

MetricAPSBALUFORGE
Market Cap₹465 Cr₹6,277 Cr
P/E Ratio10.17x22.63x
P/B Ratio3.59x3.78x
EPS₹28.7₹5.52
Book Value₹81.49₹133.23
Dividend Yield0.04%0.03%

Growth

MetricAPSBALUFORGE
Revenue Growth (TTM YoY)0%-2.3%
EPS Growth (TTM YoY)0%12.4%
Qtr Sales Growth2.76%71.83%
Qtr Profit Growth2.39%74.88%

Profitability & Leverage

MetricAPSBALUFORGE
ROE35.22%11.19%
ROCE35.1%12.63%
Net Margin0%23.38%
Operating Margin12.21%33.48%
Debt to Equity0.27x0.09x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricAPSBALUFORGE
Promoter Holding0%53.51% 0.88 pp
FII Holding0%5.04% 0.98 pp
DII Holding0.47% 0.01 pp0.95% 0.06 pp
Public Holding26.91% 0.02 pp36.64% 1.97 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: APS and BALU FORGE INDUSTRIES.

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.