Comparison · NSE · data 2026-11-03
Rane (Madras) Limited vs Swaraj Engines Ltd
In plain words
Size: Swaraj Engines Ltd is about 1.3 times the market value of Rane (Madras) Limited.
Valuation (P/E): Rane (Madras) Limited 28.6 vs Swaraj Engines Ltd 19.6.
Return on equity: Swaraj Engines Ltd 43.2% vs Rane (Madras) Limited 15.1%.
Profit growth over 3 years: Rane (Madras) Limited 53% a year vs Swaraj Engines Ltd 13.7% a year.
Debt to equity: Rane (Madras) Limited 1 vs Swaraj Engines Ltd 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| RML | SWARAJENG | |
|---|---|---|
| Price | ₹1,231.2 | ₹3,437.1 |
| Market cap | ₹3,265 cr | ₹4,164 cr |
| P/E | 28.6 | 19.6 |
| P/B | — | 8.9 |
| ROE | 15.1% | 43.2% |
| ROCE | 19.6% | 54.7% |
| Debt / equity | 1 | 0 |
| Operating margin | 5.0% | 12.3% |
| Dividend yield | 1.35% | 3.21% |
| Sales growth, 3 years (yearly) | 17.9% | 12.2% |
| Profit growth, 3 years (yearly) | 53.0% | 13.7% |
| 1-year return | 51.1% | -16.2% |
| Revenue, last 12 months | ₹4,024 cr | ₹2,243 cr |
| Net profit, last 12 months | ₹119 cr | ₹213 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹30 cr | ₹61 cr |
| Quarter profit vs a year earlier | +62.4% | +21.9% |
| Promoter holding | 70.46% | 52.11% |
| Health check | Strong (7.9/10) | Strong (7.4/10) |
Common questions
Which has a higher P/E, Rane (Madras) Limited or Swaraj Engines Ltd?
Rane (Madras) Limited trades at the higher P/E (28.6 against 19.6). 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?
Swaraj Engines Ltd (43.2% against 15.1%).
Which carries more debt?
Rane (Madras) Limited has the higher debt-to-equity ratio (1 against 0).