Comparison · NSE · data 2026-11-01
Bharat Forge Ltd vs Welspun Corp Limited
In plain words
Size: Bharat Forge Ltd is about 1.4 times the market value of Welspun Corp Limited.
Valuation (P/E): Bharat Forge Ltd 116.4 vs Welspun Corp Limited 26.1.
Return on equity: Welspun Corp Limited 19.4% vs Bharat Forge Ltd 11.5%.
Profit growth over 3 years: Welspun Corp Limited 98.4% a year vs Bharat Forge Ltd 26.9% a year.
Debt to equity: Bharat Forge Ltd 0.76 vs Welspun Corp Limited 0.26.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BHARATFORG | WELCORP | |
|---|---|---|
| Price | ₹1,720 | ₹2,341.6 |
| Market cap | ₹84,345 cr | ₹61,585 cr |
| P/E | 116.4 | 26.1 |
| P/B | — | 5.8 |
| ROE | 11.5% | 19.4% |
| ROCE | 15.3% | 18.2% |
| Debt / equity | 0.76 | 0.26 |
| Operating margin | 11.1% | 11.9% |
| Dividend yield | 0.49% | 0.21% |
| Sales growth, 3 years (yearly) | 10.7% | 19.7% |
| Profit growth, 3 years (yearly) | 26.9% | 98.4% |
| 1-year return | 29.8% | 155.9% |
| Revenue, last 12 months | ₹17,543 cr | ₹17,570 cr |
| Net profit, last 12 months | ₹706 cr | ₹2,368 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹-90 cr | ₹499 cr |
| Quarter profit vs a year earlier | -131.6% | +13.4% |
| Promoter holding | 43.12% | 47.46% |
| Health check | Average (4.5/10) | Strong (8.1/10) |
Common questions
Which has a higher P/E, Bharat Forge Ltd or Welspun Corp Limited?
Bharat Forge Ltd trades at the higher P/E (116.4 against 26.1). 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?
Welspun Corp Limited (19.4% against 11.5%).
Which carries more debt?
Bharat Forge Ltd has the higher debt-to-equity ratio (0.76 against 0.26).