NSE ScannerComparison · NSE · data 2026-10-31
Hindustan Aeronautics Limited vs Mazagon Dock Shipbuilders Ltd.
In plain words
Size: Hindustan Aeronautics Limited is about 4.7 times the market value of Mazagon Dock Shipbuilders Ltd..
Valuation (P/E): Hindustan Aeronautics Limited 34.8 vs Mazagon Dock Shipbuilders Ltd. 28.1.
Return on equity: Mazagon Dock Shipbuilders Ltd. 29.2% vs Hindustan Aeronautics Limited 24%.
Profit growth over 3 years: Mazagon Dock Shipbuilders Ltd. 32.2% a year vs Hindustan Aeronautics Limited 16.1% a year.
Debt to equity: Mazagon Dock Shipbuilders Ltd. 0.05 vs Hindustan Aeronautics Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HAL | MAZDOCK | |
|---|---|---|
| Price | ₹4,853.7 | ₹1,705.3 |
| Market cap | ₹3,23,433 cr | ₹68,776 cr |
| P/E | 34.8 | 28.1 |
| P/B | — | 6.6 |
| ROE | 24.0% | 29.2% |
| ROCE | 11.1% | 26.7% |
| Debt / equity | 0 | 0.05 |
| Operating margin | 23.3% | 15.3% |
| Dividend yield | 0.93% | 1.06% |
| Sales growth, 3 years (yearly) | 6.6% | 18.4% |
| Profit growth, 3 years (yearly) | 16.1% | 32.2% |
| 1-year return | 3.4% | -38.7% |
| Revenue, last 12 months | ₹33,785 cr | ₹12,840 cr |
| Net profit, last 12 months | ₹9,322 cr | ₹2,452 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹1,590 cr | ₹549 cr |
| Quarter profit vs a year earlier | +14.9% | — |
| Promoter holding | 71.64% | 81.22% |
| Health check | Strong (7.8/10) | Strong (6.8/10) |
Common questions
Which has a higher P/E, Hindustan Aeronautics Limited or Mazagon Dock Shipbuilders Ltd.?
Hindustan Aeronautics Limited trades at the higher P/E (34.8 against 28.1). 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?
Mazagon Dock Shipbuilders Ltd. (29.2% against 24.0%).
Which carries more debt?
Mazagon Dock Shipbuilders Ltd. has the higher debt-to-equity ratio (0.05 against 0).