StoxApar Industries vs Havells India: share price & financials comparison
NSE: APARINDS vs HAVELLS · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Apar Industries vs Havells India at a glance
Apar Industries (APARINDS) has a market capitalisation of ₹61,411 Cr, against ₹72,864 Cr for Havells India (HAVELLS). Over the past year Apar Industries has returned +75.9%, compared with -21.9% for Havells India. On valuation, Havells India trades at a lower P/E of 43.8 versus 79.6. Havells India earns a higher return on equity (17.0% vs 9.1%). Apar Industries comes out ahead on growth, momentum and technicals. Havells India comes out ahead on size, valuation and profitability. Across the scored metrics below, Apar Industries leads on 10 and Havells India on 7. On StoxGud's 10-point checklist, Apar Industries scores 6/10 and Havells India scores 4/10.
| Metric | Apar Industries | Havells India |
|---|---|---|
| Size | ||
| Market cap | ₹61,411 Cr | ₹72,864 Cr |
| Revenue (latest FY) | ₹22,902 Cr | ₹22,528 Cr |
| Net profit (latest FY) | ₹977 Cr | ₹1,691 Cr |
| Valuation | ||
| P/E | 79.6 | 43.8 |
| P/B | 7.21 | 7.46 |
| Dividend yield | 0.33% | 0.86% |
| Profitability | ||
| Return on equity | 9.1% | 17.0% |
| Net profit margin | 3.0% | 6.6% |
| Operating margin | 9.4% | 9.1% |
| Growth | ||
| Revenue growth (YoY) | +21.3% | +34.6% |
| Net profit growth (YoY) | +77.7% | +9.6% |
| Revenue CAGR (multi-year) | +29.1% | +16.6% |
| Financial health | ||
| Debt to equity | 0.10 | 0.00 |
| Momentum | ||
| 1-month return | -18.5% | +7.3% |
| 1-year return | +75.9% | -21.9% |
| 3-year CAGR | +39.3% | -2.4% |
| 5-year CAGR | +83.5% | -3.5% |
| 10-year CAGR | +38.8% | +13.5% |
| Distance from 52W high | -22.6% | -22.7% |
| Technicals | ||
| RSI (14) | 53 | 78 |
| Price vs 200-day avg | +7.6% | -4.6% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Apar Industries | Havells India |
|---|---|---|
| Price above 50-day average | ✗ | ✓ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✓ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✗ |
| Positive 1-year return | ✓ | ✗ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 6/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Apar Industries or Havells India?
Apar Industries has a market cap of ₹61,411 Cr and Havells India has a market cap of ₹72,864 Cr as of 13 Nov 2026.
Which has a lower P/E, Apar Industries or Havells India?
Havells India has the lower P/E: Apar Industries trades at 79.6 and Havells India at 43.8.
Which gave better returns in the last year, Apar Industries or Havells India?
Apar Industries did better: Apar Industries returned +75.9% and Havells India returned -21.9% over one year.
What is the difference between Apar Industries and Havells India?
Both are NSE-listed companies in Capital Goods. They are about the same size by market cap (₹61,411 Cr vs ₹72,864 Cr). In the latest financial year Apar Industries reported revenue of ₹22,902 Cr and Havells India ₹22,528 Cr. Operating margin is 9.4% for Apar Industries and 9.1% for Havells India. Debt to equity is 0.10 for Apar Industries and 0.00 for Havells India.
Which is better, Apar Industries or Havells India?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Apar Industries leads on 10 and Havells India on 7. Apar Industries is ahead on growth, momentum and technicals. Havells India is ahead on size, valuation and profitability. On StoxGud's rules-based checklist Apar Industries scores 6/10 and Havells India scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.