NSE ScannerComparison · NSE · data 2026-11-01
Force Motors Limited vs Olectra Greentech Limited
In plain words
Size: Force Motors Limited is about 2.9 times the market value of Olectra Greentech Limited.
Valuation (P/E): Olectra Greentech Limited 44 vs Force Motors Limited 19.1.
Return on equity: Force Motors Limited 33.5% vs Olectra Greentech Limited 15.6%.
Profit growth over 3 years: Force Motors Limited 108.5% a year vs Olectra Greentech Limited 39.3% a year.
Debt to equity: Olectra Greentech Limited 0.31 vs Force Motors Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| FORCEMOT | OLECTRA | |
|---|---|---|
| Price | ₹17,355 | ₹951.1 |
| Market cap | ₹22,887 cr | ₹7,807 cr |
| P/E | 19.1 | 44 |
| P/B | 4.9 | — |
| ROE | 33.5% | 15.6% |
| ROCE | 30.8% | 20.8% |
| Debt / equity | 0 | 0.31 |
| Operating margin | 12.4% | 11.8% |
| Dividend yield | 0.29% | 0.06% |
| Sales growth, 3 years (yearly) | 21.7% | 28.5% |
| Profit growth, 3 years (yearly) | 108.5% | 39.3% |
| 1-year return | 4.2% | -37.6% |
| Revenue, last 12 months | ₹10,043 cr | ₹2,540 cr |
| Net profit, last 12 months | ₹1,195 cr | ₹177 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹294 cr | ₹26 cr |
| Quarter profit vs a year earlier | -16.2% | -0.3% |
| Promoter holding | 61.63% | 50.02% |
| Health check | Strong (7.5/10) | Average (4.9/10) |
Common questions
Which has a higher P/E, Force Motors Limited or Olectra Greentech Limited?
Olectra Greentech Limited trades at the higher P/E (44 against 19.1). 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?
Force Motors Limited (33.5% against 15.6%).
Which carries more debt?
Olectra Greentech Limited has the higher debt-to-equity ratio (0.31 against 0).