NSE ScannerComparison · NSE · data 2026-11-01
Newmalayalam Steel Limited vs Shri Kanha Stainless Limited
In plain words
Size: Newmalayalam Steel Limited is about 1.1 times the market value of Shri Kanha Stainless Limited.
Valuation (P/E): Newmalayalam Steel Limited 5 vs Shri Kanha Stainless Limited 3.7.
Return on equity: Shri Kanha Stainless Limited 23.8% vs Newmalayalam Steel Limited 8.6%.
Profit growth over 3 years: Shri Kanha Stainless Limited 129.8% a year vs Newmalayalam Steel Limited 5.4% a year.
Debt to equity: Shri Kanha Stainless Limited 0.91 vs Newmalayalam Steel Limited 0.19.
Differences in the numbers, not a recommendation of either stock.
Side by side
| NMSTEEL | SHRIKANHA | |
|---|---|---|
| Price | ₹20.25 | ₹20.65 |
| Market cap | ₹35 cr | ₹32 cr |
| P/E | 5 | 3.7 |
| P/B | 0.4 | 0.5 |
| ROE | 8.6% | 23.8% |
| ROCE | 11.8% | 38.2% |
| Debt / equity | 0.19 | 0.91 |
| Operating margin | 3.0% | 7.8% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | -3.4% | 15.1% |
| Profit growth, 3 years (yearly) | 5.4% | 129.8% |
| 1-year return | -32.8% | -76.5% |
| Revenue, last 12 months | ₹320 cr | ₹206 cr |
| Net profit, last 12 months | ₹7 cr | ₹9 cr |
| Latest quarter | — | — |
| Quarter net profit | — | — |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | — | — |
| Health check | Average (4.9/10) | Strong (6.7/10) |
Common questions
Which has a higher P/E, Newmalayalam Steel Limited or Shri Kanha Stainless Limited?
Newmalayalam Steel Limited trades at the higher P/E (5 against 3.7). 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?
Shri Kanha Stainless Limited (23.8% against 8.6%).
Which carries more debt?
Shri Kanha Stainless Limited has the higher debt-to-equity ratio (0.91 against 0.19).