TickerKhojComparison · NSE · data 2026-11-03
Force Motors Limited vs SML Mahindra Limited
In plain words
Size: Force Motors Limited is about 3.4 times the market value of SML Mahindra Limited.
Valuation (P/E): SML Mahindra Limited 48.3 vs Force Motors Limited 19.5.
Debt to equity: SML Mahindra Limited 0.56 vs Force Motors Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| FORCEMOT | SMLMAH | |
|---|---|---|
| Price | ₹17,669 | ₹4,904.6 |
| Market cap | ₹22,887 cr | ₹6,828 cr |
| P/E | 19.5 | 48.3 |
| P/B | 5 | 12.7 |
| ROE | 33.5% | 35.4% |
| ROCE | 30.8% | 38.7% |
| Debt / equity | 0 | 0.56 |
| Operating margin | 12.4% | 6.7% |
| Dividend yield | 0.29% | 0.50% |
| Sales growth, 3 years (yearly) | 21.7% | 15.9% |
| Profit growth, 3 years (yearly) | 108.5% | 100.4% |
| 1-year return | 3.0% | 60.3% |
| Revenue, last 12 months | ₹10,043 cr | ₹3,064 cr |
| Net profit, last 12 months | ₹1,195 cr | ₹147 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹294 cr | ₹12 cr |
| Quarter profit vs a year earlier | -16.2% | -44.4% |
| Promoter holding | 61.63% | 58.97% |
| Health check | Strong (7.6/10) | Average (6/10) |
Common questions
Which has a higher P/E, Force Motors Limited or SML Mahindra Limited?
SML Mahindra Limited trades at the higher P/E (48.3 against 19.5). 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?
SML Mahindra Limited (35.4% against 33.5%).
Which carries more debt?
SML Mahindra Limited has the higher debt-to-equity ratio (0.56 against 0).