TickerKhojComparison · NSE · data 2026-11-02
Havells India Limited vs Suzlon Energy Ltd
In plain words
Size: Havells India Limited is about 1.4 times the market value of Suzlon Energy Ltd.
Valuation (P/E): Havells India Limited 38.7 vs Suzlon Energy Ltd 21.
Return on equity: Suzlon Energy Ltd 40.6% vs Havells India Limited 19%.
Profit growth over 3 years: Havells India Limited 16.4% a year vs Suzlon Energy Ltd 3.6% a year.
Debt to equity: Suzlon Energy Ltd 0.06 vs Havells India Limited 0.03.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HAVELLS | SUZLON | |
|---|---|---|
| Price | ₹1,025.5 | ₹34.63 |
| Market cap | ₹63,556 cr | ₹46,532 cr |
| P/E | 38.7 | 21 |
| P/B | 6.6 | 4.6 |
| ROE | 19.0% | 40.6% |
| ROCE | 19.0% | 30.8% |
| Debt / equity | 0.03 | 0.06 |
| Operating margin | 7.2% | 14.5% |
| Dividend yield | 0.99% | 0.00% |
| Sales growth, 3 years (yearly) | 10.0% | 40.9% |
| Profit growth, 3 years (yearly) | 16.4% | 3.6% |
| 1-year return | -32.1% | -41.1% |
| Revenue, last 12 months | ₹25,243 cr | ₹18,434 cr |
| Net profit, last 12 months | ₹1,664 cr | ₹2,259 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹350 cr | ₹394 cr |
| Quarter profit vs a year earlier | +9.6% | -69.2% |
| Promoter holding | 59.35% | 11.70% |
| Health check | Average (5.7/10) | Average (6.2/10) |
Common questions
Which has a higher P/E, Havells India Limited or Suzlon Energy Ltd?
Havells India Limited trades at the higher P/E (38.7 against 21). 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?
Suzlon Energy Ltd (40.6% against 19.0%).
Which carries more debt?
Suzlon Energy Ltd has the higher debt-to-equity ratio (0.06 against 0.03).