Comparison · NSE · data 2026-11-02
Sharda Motor Industries Ltd. vs Wheels India Limited
In plain words
Size: Wheels India Limited is about 1.1 times the market value of Sharda Motor Industries Ltd..
Valuation (P/E): Wheels India Limited 30.5 vs Sharda Motor Industries Ltd. 14.3.
Return on equity: Sharda Motor Industries Ltd. 29.1% vs Wheels India Limited 15.8%.
Profit growth over 3 years: Wheels India Limited 41% a year vs Sharda Motor Industries Ltd. 18.4% a year.
Debt to equity: Wheels India Limited 0.74 vs Sharda Motor Industries Ltd. 0.04.
Differences in the numbers, not a recommendation of either stock.
Side by side
| SHARDAMOTR | WHEELS | |
|---|---|---|
| Price | ₹825.95 | ₹2,038 |
| Market cap | ₹4,637 cr | ₹4,968 cr |
| P/E | 14.3 | 30.5 |
| P/B | — | — |
| ROE | 29.1% | 15.8% |
| ROCE | 29.3% | 21.6% |
| Debt / equity | 0.04 | 0.74 |
| Operating margin | 9.8% | 5.4% |
| Dividend yield | 2.48% | 0.71% |
| Sales growth, 3 years (yearly) | 8.0% | 5.6% |
| Profit growth, 3 years (yearly) | 18.4% | 41.0% |
| 1-year return | -20.2% | 114.7% |
| Revenue, last 12 months | ₹3,652 cr | ₹5,690 cr |
| Net profit, last 12 months | ₹332 cr | ₹163 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹87 cr | ₹60 cr |
| Quarter profit vs a year earlier | -13.4% | +94.1% |
| Promoter holding | 64.31% | 56.86% |
| Health check | Strong (7/10) | Strong (7.3/10) |
Common questions
Which has a higher P/E, Sharda Motor Industries Ltd. or Wheels India Limited?
Wheels India Limited trades at the higher P/E (30.5 against 14.3). 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?
Sharda Motor Industries Ltd. (29.1% against 15.8%).
Which carries more debt?
Wheels India Limited has the higher debt-to-equity ratio (0.74 against 0.04).