Comparison · NSE · data 2026-11-02
PPAP Automotive Limited vs Thaai Casting Limited
In plain words
Size: Thaai Casting Limited is about 1.1 times the market value of PPAP Automotive Limited.
Valuation (P/E): Thaai Casting Limited 24.8 vs PPAP Automotive Limited 6.4.
Debt to equity: Thaai Casting Limited 1.11 vs PPAP Automotive Limited 0.61.
Differences in the numbers, not a recommendation of either stock.
Side by side
| PPAP | TCL | |
|---|---|---|
| Price | ₹210 | ₹130 |
| Market cap | ₹293 cr | ₹314 cr |
| P/E | 6.4 | 24.8 |
| P/B | — | 2.9 |
| ROE | 13.7% | 13.1% |
| ROCE | 4.3% | 17.1% |
| Debt / equity | 0.61 | 1.11 |
| Operating margin | 3.1% | 17.8% |
| Dividend yield | 1.21% | 0.00% |
| Sales growth, 3 years (yearly) | 3.5% | 43.8% |
| Profit growth, 3 years (yearly) | — | 36.3% |
| 1-year return | -24.2% | 0.8% |
| Revenue, last 12 months | ₹607 cr | ₹146 cr |
| Net profit, last 12 months | ₹46 cr | ₹13 cr |
| Latest quarter | Jun 2026 | — |
| Quarter net profit | ₹1 cr | — |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 64.30% | — |
| Health check | Average (4.8/10) | Strong (7.1/10) |
Common questions
Which has a higher P/E, PPAP Automotive Limited or Thaai Casting Limited?
Thaai Casting Limited trades at the higher P/E (24.8 against 6.4). 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?
PPAP Automotive Limited (13.7% against 13.1%).
Which carries more debt?
Thaai Casting Limited has the higher debt-to-equity ratio (1.11 against 0.61).