Comparison · NSE · data 2026-11-02
Indef Manufacturing Limited vs Eimco Elecon (India) Ltd.
In plain words
Size: Eimco Elecon (India) Ltd. is about 2.1 times the market value of Indef Manufacturing Limited.
Valuation (P/E): Eimco Elecon (India) Ltd. 29.1 vs Indef Manufacturing Limited 25.4.
Debt to equity: Indef Manufacturing Limited 0.02 vs Eimco Elecon (India) Ltd. 0.01.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BAJAJINDEF | EIMCOELECO | |
|---|---|---|
| Price | ₹186 | ₹2,121.8 |
| Market cap | ₹585 cr | ₹1,232 cr |
| P/E | 25.4 | 29.1 |
| P/B | — | 2.5 |
| ROE | 9.0% | 8.6% |
| ROCE | 6.4% | 7.8% |
| Debt / equity | 0.02 | 0.01 |
| Operating margin | 5.9% | 15.8% |
| Dividend yield | 1.09% | 0.19% |
| Sales growth, 3 years (yearly) | — | 10.1% |
| Profit growth, 3 years (yearly) | — | 25.6% |
| 1-year return | -53.0% | 12.6% |
| Revenue, last 12 months | ₹202 cr | ₹264 cr |
| Net profit, last 12 months | ₹23 cr | ₹42 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹3 cr | ₹8 cr |
| Quarter profit vs a year earlier | -51.4% | +46.4% |
| Promoter holding | 69.61% | 48.96% |
| Health check | Average (4.2/10) | Strong (6.9/10) |
Common questions
Which has a higher P/E, Indef Manufacturing Limited or Eimco Elecon (India) Ltd.?
Eimco Elecon (India) Ltd. trades at the higher P/E (29.1 against 25.4). 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?
Indef Manufacturing Limited (9.0% against 8.6%).
Which carries more debt?
Indef Manufacturing Limited has the higher debt-to-equity ratio (0.02 against 0.01).