Comparison · NSE · data 2026-10-31
Mazagon Dock Shipbuilders Ltd. vs Solar Industries India Limited
In plain words
Size: Solar Industries India Limited is about 2.5 times the market value of Mazagon Dock Shipbuilders Ltd..
Valuation (P/E): Solar Industries India Limited 85.4 vs Mazagon Dock Shipbuilders Ltd. 28.1.
Debt to equity: Solar Industries India Limited 0.24 vs Mazagon Dock Shipbuilders Ltd. 0.05.
Differences in the numbers, not a recommendation of either stock.
Side by side
| MAZDOCK | SOLARINDS | |
|---|---|---|
| Price | ₹1,705.3 | ₹18,800 |
| Market cap | ₹68,776 cr | ₹1,70,449 cr |
| P/E | 28.1 | 85.4 |
| P/B | 6.6 | — |
| ROE | 29.2% | 31.5% |
| ROCE | 26.7% | 32.2% |
| Debt / equity | 0.05 | 0.24 |
| Operating margin | 15.3% | 24.9% |
| Dividend yield | 1.06% | 0.06% |
| Sales growth, 3 years (yearly) | 18.4% | 12.4% |
| Profit growth, 3 years (yearly) | 32.2% | 30.4% |
| 1-year return | -38.7% | 34.7% |
| Revenue, last 12 months | ₹12,840 cr | ₹11,351 cr |
| Net profit, last 12 months | ₹2,452 cr | ₹1,991 cr |
| Latest quarter | Jun 2026 | Jun 2024 |
| Quarter net profit | ₹549 cr | ₹286 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 81.22% | 73.15% |
| Health check | Strong (6.8/10) | Strong (8.1/10) |
Common questions
Which has a higher P/E, Mazagon Dock Shipbuilders Ltd. or Solar Industries India Limited?
Solar Industries India Limited trades at the higher P/E (85.4 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?
Solar Industries India Limited (31.5% against 29.2%).
Which carries more debt?
Solar Industries India Limited has the higher debt-to-equity ratio (0.24 against 0.05).