NSE ScannerComparison · NSE · data 2026-11-01
Bajaj Auto Limited vs TVS Motor Company Limited
In plain words
Size: Bajaj Auto Limited is about 1.4 times the market value of TVS Motor Company Limited.
Valuation (P/E): TVS Motor Company Limited 52.1 vs Bajaj Auto Limited 22.1.
Return on equity: TVS Motor Company Limited 33.4% vs Bajaj Auto Limited 29%.
Profit growth over 3 years: TVS Motor Company Limited 31.5% a year vs Bajaj Auto Limited 21% a year.
Debt to equity: TVS Motor Company Limited 3.43 vs Bajaj Auto Limited 0.58.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BAJAJ_AUTO | TVSMOTOR | |
|---|---|---|
| Price | ₹10,350 | ₹4,195.2 |
| Market cap | ₹2,84,422 cr | ₹1,99,537 cr |
| P/E | 22.1 | 52.1 |
| P/B | 7.8 | 17.6 |
| ROE | 29.0% | 33.4% |
| ROCE | 21.7% | 25.2% |
| Debt / equity | 0.58 | 3.43 |
| Operating margin | 18.6% | 12.5% |
| Dividend yield | 1.45% | 0.29% |
| Sales growth, 3 years (yearly) | 19.6% | 20.2% |
| Profit growth, 3 years (yearly) | 21.0% | 31.5% |
| 1-year return | 14.6% | 19.7% |
| Revenue, last 12 months | ₹80,851 cr | ₹65,578 cr |
| Net profit, last 12 months | ₹13,073 cr | ₹3,827 cr |
| Latest quarter | — | Sept 2026 |
| Quarter net profit | — | ₹1,195 cr |
| Quarter profit vs a year earlier | — | +50.2% |
| Promoter holding | — | 50.27% |
| Health check | Strong (8.2/10) | Average (6.3/10) |
Common questions
Which has a higher P/E, Bajaj Auto Limited or TVS Motor Company Limited?
TVS Motor Company Limited trades at the higher P/E (52.1 against 22.1). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
TVS Motor Company Limited (33.4% against 29.0%).
Which carries more debt?
TVS Motor Company Limited has the higher debt-to-equity ratio (3.43 against 0.58).