Comparison · NSE · data 2026-11-02
HEG Advanced Materials Limited vs Universal Cables Limited
In plain words
Size: HEG Advanced Materials Limited is about 1.9 times the market value of Universal Cables Limited.
Valuation (P/E): Universal Cables Limited 21.3 vs HEG Advanced Materials Limited 12.7.
Return on equity: Universal Cables Limited 8.9% vs HEG Advanced Materials Limited 7.3%.
Profit growth over 3 years: Universal Cables Limited 11.3% a year vs HEG Advanced Materials Limited -13.8% a year.
Debt to equity: Universal Cables Limited 0.62 vs HEG Advanced Materials Limited 0.17.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HEGAM | UNIVCABLES | |
|---|---|---|
| Price | ₹244.97 | ₹1,231.8 |
| Market cap | ₹7,859 cr | ₹4,155 cr |
| P/E | 12.7 | 21.3 |
| P/B | 1.4 | — |
| ROE | 7.3% | 8.9% |
| ROCE | 5.7% | 8.4% |
| Debt / equity | 0.17 | 0.62 |
| Operating margin | 12.7% | 7.5% |
| Dividend yield | 1.43% | 0.38% |
| Sales growth, 3 years (yearly) | 1.5% | 11.1% |
| Profit growth, 3 years (yearly) | -13.8% | 11.3% |
| 1-year return | 14.8% | 69.2% |
| Revenue, last 12 months | ₹2,681 cr | ₹3,368 cr |
| Net profit, last 12 months | ₹372 cr | ₹200 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹122 cr | ₹70 cr |
| Quarter profit vs a year earlier | +16.7% | +113.1% |
| Promoter holding | 60.72% | 61.89% |
| Health check | Average (6.4/10) | Strong (6.8/10) |
Common questions
Which has a higher P/E, HEG Advanced Materials Limited or Universal Cables Limited?
Universal Cables Limited trades at the higher P/E (21.3 against 12.7). 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?
Universal Cables Limited (8.9% against 7.3%).
Which carries more debt?
Universal Cables Limited has the higher debt-to-equity ratio (0.62 against 0.17).