NSE ScannerComparison · NSE · data 2026-10-31
Indef Manufacturing Limited vs Gujarat Apollo Industries Limited
In plain words
Size: Indef Manufacturing Limited is about 1.3 times the market value of Gujarat Apollo Industries Limited.
Valuation (P/E): Gujarat Apollo Industries Limited 78.8 vs Indef Manufacturing Limited 24.8.
Return on equity: Indef Manufacturing Limited 9% vs Gujarat Apollo Industries Limited 1.2%.
Debt to equity: Gujarat Apollo Industries Limited 0.08 vs Indef Manufacturing Limited 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BAJAJINDEF | GUJAPOLLO | |
|---|---|---|
| Price | ₹181.69 | ₹355.6 |
| Market cap | ₹585 cr | ₹462 cr |
| P/E | 24.8 | 78.8 |
| P/B | — | — |
| ROE | 9.0% | 1.2% |
| ROCE | 6.4% | -3.2% |
| Debt / equity | 0.02 | 0.08 |
| Operating margin | 5.9% | -33.7% |
| Dividend yield | 1.09% | 0.56% |
| Sales growth, 3 years (yearly) | — | -9.6% |
| Profit growth, 3 years (yearly) | — | -19.5% |
| 1-year return | -53.9% | -19.2% |
| Revenue, last 12 months | ₹202 cr | ₹52 cr |
| Net profit, last 12 months | ₹23 cr | ₹6 cr |
| Latest quarter | Jun 2026 | Jun 2025 |
| Quarter net profit | ₹6 cr | ₹1 cr |
| Quarter profit vs a year earlier | -2.7% | — |
| Promoter holding | 69.61% | 51.99% |
| Health check | Average (4.2/10) | Weak (1.6/10) |
Common questions
Which has a higher P/E, Indef Manufacturing Limited or Gujarat Apollo Industries Limited?
Gujarat Apollo Industries Limited trades at the higher P/E (78.8 against 24.8). 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 1.2%).
Which carries more debt?
Gujarat Apollo Industries Limited has the higher debt-to-equity ratio (0.08 against 0.02).