Comparison · NSE · data 2026-11-02
Exxaro Tiles Ltd. vs HVAX Technologies Ltd.
In plain words
Size: Exxaro Tiles Ltd. is about 1.4 times the market value of HVAX Technologies Ltd..
Valuation (P/E): Exxaro Tiles Ltd. 68.9 vs HVAX Technologies Ltd. 13.8.
Return on equity: HVAX Technologies Ltd. 18% vs Exxaro Tiles Ltd. 1%.
Profit growth over 3 years: HVAX Technologies Ltd. 39.8% a year vs Exxaro Tiles Ltd. -27% a year.
Debt to equity: HVAX Technologies Ltd. 0.47 vs Exxaro Tiles Ltd. 0.33.
Differences in the numbers, not a recommendation of either stock.
Side by side
| EXXARO | HVAX | |
|---|---|---|
| Price | ₹6.3 | ₹711.5 |
| Market cap | ₹275 cr | ₹198 cr |
| P/E | 68.9 | 13.8 |
| P/B | — | 2.3 |
| ROE | 1.0% | 18.0% |
| ROCE | 4.8% | 19.4% |
| Debt / equity | 0.33 | 0.47 |
| Operating margin | 4.9% | 9.6% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | -1.0% | 19.5% |
| Profit growth, 3 years (yearly) | -27.0% | 39.8% |
| 1-year return | -15.0% | -21.1% |
| Revenue, last 12 months | ₹325 cr | ₹164 cr |
| Net profit, last 12 months | ₹4 cr | ₹14 cr |
| Latest quarter | Sept 2026 | — |
| Quarter net profit | ₹3 cr | — |
| Quarter profit vs a year earlier | +155.8% | — |
| Promoter holding | 42.07% | — |
| Health check | Weak (2.4/10) | Strong (7.4/10) |
Common questions
Which has a higher P/E, Exxaro Tiles Ltd. or HVAX Technologies Ltd.?
Exxaro Tiles Ltd. trades at the higher P/E (68.9 against 13.8). 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?
HVAX Technologies Ltd. (18.0% against 1.0%).
Which carries more debt?
HVAX Technologies Ltd. has the higher debt-to-equity ratio (0.47 against 0.33).