NSE ScannerComparison · NSE · data 2026-11-01
Lumax Industries Limited vs Swaraj Engines Ltd
In plain words
Size: Lumax Industries Limited is about 1.1 times the market value of Swaraj Engines Ltd.
Valuation (P/E): Lumax Industries Limited 22.8 vs Swaraj Engines Ltd 19.6.
Return on equity: Swaraj Engines Ltd 43.2% vs Lumax Industries Limited 20.4%.
Profit growth over 3 years: Lumax Industries Limited 18.7% a year vs Swaraj Engines Ltd 13.7% a year.
Debt to equity: Lumax Industries Limited 1.06 vs Swaraj Engines Ltd 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| LUMAXIND | SWARAJENG | |
|---|---|---|
| Price | ₹4,967.5 | ₹3,424.9 |
| Market cap | ₹4,642 cr | ₹4,164 cr |
| P/E | 22.8 | 19.6 |
| P/B | 4.8 | 8.8 |
| ROE | 20.4% | 43.2% |
| ROCE | 18.1% | 54.7% |
| Debt / equity | 1.06 | 0 |
| Operating margin | 6.0% | 12.3% |
| Dividend yield | 1.11% | 3.21% |
| Sales growth, 3 years (yearly) | 21.4% | 12.2% |
| Profit growth, 3 years (yearly) | 18.7% | 13.7% |
| 1-year return | -0.4% | -14.9% |
| Revenue, last 12 months | ₹4,818 cr | ₹2,243 cr |
| Net profit, last 12 months | ₹204 cr | ₹213 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹52 cr | ₹61 cr |
| Quarter profit vs a year earlier | +45.9% | +21.9% |
| Promoter holding | 75.00% | 52.11% |
| Health check | Strong (7.2/10) | Strong (7.4/10) |
Common questions
Which has a higher P/E, Lumax Industries Limited or Swaraj Engines Ltd?
Lumax Industries Limited trades at the higher P/E (22.8 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 20.4%).
Which carries more debt?
Lumax Industries Limited has the higher debt-to-equity ratio (1.06 against 0).