NSE ScannerComparison · NSE · data 2026-11-01
Elecon Engineering Co. Ltd. vs Quality Power Electrical Equipments Ltd.
In plain words
Size: Quality Power Electrical Equipments Ltd. is about 1.1 times the market value of Elecon Engineering Co. Ltd..
Valuation (P/E): Quality Power Electrical Equipments Ltd. 81.1 vs Elecon Engineering Co. Ltd. 38.5.
Return on equity: Quality Power Electrical Equipments Ltd. 25.1% vs Elecon Engineering Co. Ltd. 15.9%.
Profit growth over 3 years: Quality Power Electrical Equipments Ltd. 80.6% a year vs Elecon Engineering Co. Ltd. 12.8% a year.
Debt to equity: Elecon Engineering Co. Ltd. 0.12 vs Quality Power Electrical Equipments Ltd. 0.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ELECON | QPOWER | |
|---|---|---|
| Price | ₹419.75 | ₹1,395.3 |
| Market cap | ₹9,420 cr | ₹10,818 cr |
| P/E | 38.5 | 81.1 |
| P/B | 3.8 | — |
| ROE | 15.9% | 25.1% |
| ROCE | 17.8% | 28.4% |
| Debt / equity | 0.12 | 0.07 |
| Operating margin | 16.6% | 17.2% |
| Dividend yield | 0.48% | 0.07% |
| Sales growth, 3 years (yearly) | 15.6% | 55.3% |
| Profit growth, 3 years (yearly) | 12.8% | 80.6% |
| 1-year return | -25.2% | 40.3% |
| Revenue, last 12 months | ₹2,457 cr | ₹1,003 cr |
| Net profit, last 12 months | ₹245 cr | ₹133 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹96 cr | ₹42 cr |
| Quarter profit vs a year earlier | +9.8% | +74.4% |
| Promoter holding | 59.27% | 73.91% |
| Health check | Average (5.9/10) | Strong (7/10) |
Common questions
Which has a higher P/E, Elecon Engineering Co. Ltd. or Quality Power Electrical Equipments Ltd.?
Quality Power Electrical Equipments Ltd. trades at the higher P/E (81.1 against 38.5). 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?
Quality Power Electrical Equipments Ltd. (25.1% against 15.9%).
Which carries more debt?
Elecon Engineering Co. Ltd. has the higher debt-to-equity ratio (0.12 against 0.07).