Comparison · NSE · data 2026-11-01
Shah Alloys Limited vs Vaswani Industries Limited
In plain words
Size: Shah Alloys Limited is about 1.2 times the market value of Vaswani Industries Limited.
Valuation (P/E): Vaswani Industries Limited 3,465.5 vs Shah Alloys Limited 3.4.
Return on equity: Shah Alloys Limited 205.9% vs Vaswani Industries Limited 3%.
Debt to equity: Vaswani Industries Limited 1.85 vs Shah Alloys Limited 0.56.
Differences in the numbers, not a recommendation of either stock.
Side by side
| SHAHALLOYS | VASWANI | |
|---|---|---|
| Price | ₹71.36 | ₹39.16 |
| Market cap | ₹149 cr | ₹129 cr |
| P/E | 3.4 | 3,465.5 |
| P/B | — | — |
| ROE | 205.9% | 3.0% |
| ROCE | -2.3% | 9.5% |
| Debt / equity | 0.56 | 1.85 |
| Operating margin | 4.6% | 6.9% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | -61.0% | 6.1% |
| Profit growth, 3 years (yearly) | — | -11.0% |
| 1-year return | -7.0% | -38.4% |
| Revenue, last 12 months | ₹16 cr | ₹471 cr |
| Net profit, last 12 months | ₹42 cr | ₹-0 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹-2 cr | ₹1 cr |
| Quarter profit vs a year earlier | -113.5% | -78.8% |
| Promoter holding | 53.75% | 62.06% |
| Health check | Average (4.6/10) | Weak (0.2/10) |
Common questions
Which has a higher P/E, Shah Alloys Limited or Vaswani Industries Limited?
Vaswani Industries Limited trades at the higher P/E (3,465.5 against 3.4). 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?
Shah Alloys Limited (205.9% against 3.0%).
Which carries more debt?
Vaswani Industries Limited has the higher debt-to-equity ratio (1.85 against 0.56).