TickerKhojComparison · NSE · data 2026-11-02
Elpro International Ltd vs HEG Advanced Materials Limited
In plain words
Size: HEG Advanced Materials Limited is about 2.8 times the market value of Elpro International Ltd.
Valuation (P/E): Elpro International Ltd 22.3 vs HEG Advanced Materials Limited 12.7.
Return on equity: HEG Advanced Materials Limited 7.3% vs Elpro International Ltd 4.3%.
Profit growth over 3 years: Elpro International Ltd 22.2% a year vs HEG Advanced Materials Limited -13.8% a year.
Debt to equity: Elpro International Ltd 0.6 vs HEG Advanced Materials Limited 0.17.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ELPROINTL | HEGAM | |
|---|---|---|
| Price | ₹170 | ₹244.97 |
| Market cap | ₹2,856 cr | ₹7,859 cr |
| P/E | 22.3 | 12.7 |
| P/B | — | 1.4 |
| ROE | 4.3% | 7.3% |
| ROCE | 5.4% | 5.7% |
| Debt / equity | 0.6 | 0.17 |
| Operating margin | 33.5% | 12.7% |
| Dividend yield | 0.00% | 1.43% |
| Sales growth, 3 years (yearly) | 62.5% | 1.5% |
| Profit growth, 3 years (yearly) | 22.2% | -13.8% |
| 1-year return | 70.0% | 14.8% |
| Revenue, last 12 months | ₹567 cr | ₹2,681 cr |
| Net profit, last 12 months | ₹129 cr | ₹372 cr |
| Latest quarter | — | Jun 2026 |
| Quarter net profit | — | ₹122 cr |
| Quarter profit vs a year earlier | — | +16.7% |
| Promoter holding | — | 60.72% |
| Health check | Strong (7.7/10) | Average (6.4/10) |
Common questions
Which has a higher P/E, Elpro International Ltd or HEG Advanced Materials Limited?
Elpro International Ltd trades at the higher P/E (22.3 against 12.7). 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?
HEG Advanced Materials Limited (7.3% against 4.3%).
Which carries more debt?
Elpro International Ltd has the higher debt-to-equity ratio (0.6 against 0.17).