Apar Industries (NSE:APARINDS) Enterprise Value: ₹568,990 Mil (As of Jul. 08, 2026) ***


NSE:APARINDS Apar Industries Ltd NSE:APARINDS
86 GF Score
Price ₹14,154.00
GF Value ₹10,304.68
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Apar Industries Enterprise Value?

Apar Industries NSE:APARINDS -1.18% 86 Enterprise Value is ₹568,990 Mil as of Jul. 08, 2026. GuruFocus rates NSE:APARINDS with a GF Score™ of 86/100 and a GF Value™ of ₹10,304.68 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Apar Industries's Enterprise Value is ₹568,990 Mil. Apar Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹17,472 Mil. Therefore, Apar Industries's EV-to-EBIT ratio for today is 32.57.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Apar Industries's Enterprise Value is ₹568,990 Mil. Apar Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹19,083 Mil. Therefore, Apar Industries's EV-to-EBITDA ratio for today is 29.82.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Apar Industries's Enterprise Value is ₹568,990 Mil. Apar Industries's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹228,102 Mil. Therefore, Apar Industries's EV-to-Revenue ratio for today is 2.49.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Apar Industries's Enterprise Value is ₹568,990 Mil. Apar Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Apar Industries's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Apar Industries's Enterprise Value is ₹568,990 Mil. Apar Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Apar Industries's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Apar Industries  (NSE:APARINDS) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Apar Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=568990.309/17471.6
=32.57

Apar Industries's current Enterprise Value is ₹568,990 Mil.
Apar Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹17,472 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Apar Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=568990.309/19082.9
=29.82

Apar Industries's current Enterprise Value is ₹568,990 Mil.
Apar Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹19,083 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Apar Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=568990.309/228102.3
=2.49

Apar Industries's current Enterprise Value is ₹568,990 Mil.
Apar Industries's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹228,102 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Apar Industries's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=568990.309/0
=

Apar Industries's current Enterprise Value is ₹568,990 Mil.
Apar Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Apar Industries's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=568990.309/0
=

Apar Industries's current Enterprise Value is ₹568,990 Mil.
Apar Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Apar Industries Enterprise Value Related Terms


Apar Industries Enterprise Value Historical Data

* Premium members only.

The historical data trend for Apar Industries's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apar Industries Enterprise Value Chart

Apar Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25,606.55 94,133.22 279,210.76 219,427.31 397,774.41

Apar Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 219,427.31 350,325.21 331,260.55 336,105.74 397,774.41

NSE:APARINDS vs VRT, BE: Enterprise Value Comparison

For the Electrical Equipment & Parts subindustry, Apar Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apar Industries Enterprise Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Apar Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Apar Industries's Enterprise Value falls into.


NSE:APARINDS
86GF Score
Apar Industries Ltd NSE:APARINDS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apar Industries Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Apar Industries's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Apar Industries's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹568,990 Mil mean?
Apar Industries (NSE:APARINDS) has a Enterprise Value of ₹568,990 Mil as of Jul. 08, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Apar Industries and its competitors.
Is Apar Industries' Enterprise Value too high?
Apar Industries' current Enterprise Value is ₹568,990 Mil. Overall, Apar Industries has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apar Industries' Enterprise Value compare to VRT and BE?
Apar Industries' Enterprise Value of ₹568,990 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Industrial Products company?
A good Enterprise Value depends on the Industrial Products industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Apar Industries and its competitors. Apar Industries's current Enterprise Value is ₹568,990 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apar Industries stock overvalued right now?
Based on GuruFocus' analysis, Apar Industries (NSE:APARINDS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10,304.68, compared to a current price of ₹14,154.00 — trading 37.4% above its estimated fair value. The current Enterprise Value is ₹568,990 Mil. Apar Industries' overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Apar Industries (NSE:APARINDS), the current Enterprise Value is ₹568,990 Mil as of Jul. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apar Industries (NSE:APARINDS) Overvalued in 2026?

Based on GuruFocus' analysis, Apar Industries stock appears to be overvalued. The current stock price of ₹14,154.00 is trading 37.4% above its estimated GF Value™ of ₹10,304.68. GuruFocus considers Apar Industries to be Significantly Overvalued.

Key valuation signals for NSE:APARINDS:

  • Enterprise Value: ₹568,990 Mil
  • GF Value™: ₹10,304.68 vs. price of ₹14,154.00 (37.4% above fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the NSE:APARINDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apar Industries Business Description

Other Exchanges 532259:India
Address Sion-Trombay Road, Apar House, Building No. 4 and 5, Corporate Park, V. N. Purav Marg, Chembur, Mumbai, MH, IND, 400 071
Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer & Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of its revenue from India. Its product categories include Transformer Oils, White Oils, Petroleum Jelly, Process Oils, Electrical cables, Elastomer and E-beam cables, Light duty cables and wires, Fibre optic cables, Automotive engine oils, Automotive gear oil, Transmission fluid, PICC conductors, Railway overhead conductors, Specialty wires.
86GF Score

Get the complete analysis for NSE:APARINDS

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹14,154.00
Price
₹10,304.68
GF Value