Comparison · NSE · data 2026-11-03
Force Motors Limited vs Sandhar Technologies Ltd.
In plain words
Size: Force Motors Limited is about 8.5 times the market value of Sandhar Technologies Ltd..
Valuation (P/E): Force Motors Limited 19.5 vs Sandhar Technologies Ltd. 13.2.
Return on equity: Force Motors Limited 33.5% vs Sandhar Technologies Ltd. 16.1%.
Profit growth over 3 years: Force Motors Limited 108.5% a year vs Sandhar Technologies Ltd. 39.6% a year.
Debt to equity: Sandhar Technologies Ltd. 0.86 vs Force Motors Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| FORCEMOT | SANDHAR | |
|---|---|---|
| Price | ₹17,669 | ₹454.85 |
| Market cap | ₹22,887 cr | ₹2,682 cr |
| P/E | 19.5 | 13.2 |
| P/B | 5 | — |
| ROE | 33.5% | 16.1% |
| ROCE | 30.8% | 15.0% |
| Debt / equity | 0 | 0.86 |
| Operating margin | 12.4% | 5.2% |
| Dividend yield | 0.29% | 0.90% |
| Sales growth, 3 years (yearly) | 21.7% | 18.6% |
| Profit growth, 3 years (yearly) | 108.5% | 39.6% |
| 1-year return | 3.0% | -13.5% |
| Revenue, last 12 months | ₹10,043 cr | ₹5,144 cr |
| Net profit, last 12 months | ₹1,195 cr | ₹208 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹294 cr | ₹37 cr |
| Quarter profit vs a year earlier | -16.2% | +33.1% |
| Promoter holding | 61.63% | 70.38% |
| Health check | Strong (7.6/10) | Strong (7/10) |
Common questions
Which has a higher P/E, Force Motors Limited or Sandhar Technologies Ltd.?
Force Motors Limited trades at the higher P/E (19.5 against 13.2). 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 16.1%).
Which carries more debt?
Sandhar Technologies Ltd. has the higher debt-to-equity ratio (0.86 against 0).