NSE ScannerComparison · NSE · data 2026-11-01
India Nippon Electricals Limited vs Rane Holdings Limited
In plain words
Size: India Nippon Electricals Limited is about 1.2 times the market value of Rane Holdings Limited.
Return on equity: India Nippon Electricals Limited 14.5% vs Rane Holdings Limited 8.7%.
Profit growth over 3 years: India Nippon Electricals Limited 32.1% a year vs Rane Holdings Limited 16.3% a year.
Debt to equity: Rane Holdings Limited 0.88 vs India Nippon Electricals Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| INDNIPPON | RANEHOLDIN | |
|---|---|---|
| Price | ₹1,121.9 | ₹1,437.9 |
| Market cap | ₹2,543 cr | ₹2,060 cr |
| P/E | 22.1 | 24.3 |
| P/B | — | — |
| ROE | 14.5% | 8.7% |
| ROCE | 12.0% | 13.0% |
| Debt / equity | 0 | 0.88 |
| Operating margin | 9.5% | 3.7% |
| Dividend yield | 1.38% | 3.26% |
| Sales growth, 3 years (yearly) | 17.6% | 18.8% |
| Profit growth, 3 years (yearly) | 32.1% | 16.3% |
| 1-year return | 12.7% | -7.2% |
| Revenue, last 12 months | ₹1,148 cr | ₹6,129 cr |
| Net profit, last 12 months | ₹115 cr | ₹84 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹27 cr | ₹37 cr |
| Quarter profit vs a year earlier | +16.5% | -26.4% |
| Promoter holding | 70.37% | 46.64% |
| Health check | Strong (7.2/10) | Average (5.6/10) |
Common questions
Which has a higher P/E, India Nippon Electricals Limited or Rane Holdings Limited?
Rane Holdings Limited trades at the higher P/E (24.3 against 22.1). 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?
India Nippon Electricals Limited (14.5% against 8.7%).
Which carries more debt?
Rane Holdings Limited has the higher debt-to-equity ratio (0.88 against 0).