Comparison · NSE · data 2026-11-01
Balu Forge Industries Ltd vs VST Tillers Tractors Limited
In plain words
Size: Balu Forge Industries Ltd is about 1.6 times the market value of VST Tillers Tractors Limited.
Valuation (P/E): VST Tillers Tractors Limited 30.6 vs Balu Forge Industries Ltd 19.5.
Return on equity: Balu Forge Industries Ltd 19.6% vs VST Tillers Tractors Limited 10%.
Profit growth over 3 years: Balu Forge Industries Ltd 88.1% a year vs VST Tillers Tractors Limited 4.3% a year.
Debt to equity: Balu Forge Industries Ltd 0.1 vs VST Tillers Tractors Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BALUFORGE | VSTTILLERS | |
|---|---|---|
| Price | ₹442.45 | ₹3,848.6 |
| Market cap | ₹5,202 cr | ₹3,331 cr |
| P/E | 19.5 | 30.6 |
| P/B | — | — |
| ROE | 19.6% | 10.0% |
| ROCE | 19.5% | 12.9% |
| Debt / equity | 0.1 | 0 |
| Operating margin | 25.6% | 11.3% |
| Dividend yield | 0.03% | 0.65% |
| Sales growth, 3 years (yearly) | 49.0% | 7.2% |
| Profit growth, 3 years (yearly) | 88.1% | 4.3% |
| 1-year return | -30.8% | -37.2% |
| Revenue, last 12 months | ₹1,175 cr | ₹1,271 cr |
| Net profit, last 12 months | ₹268 cr | ₹109 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹66 cr | ₹48 cr |
| Quarter profit vs a year earlier | +15.9% | +9.5% |
| Promoter holding | 53.99% | 55.55% |
| Health check | Strong (7.3/10) | Average (4.6/10) |
Common questions
Which has a higher P/E, Balu Forge Industries Ltd or VST Tillers Tractors Limited?
VST Tillers Tractors Limited trades at the higher P/E (30.6 against 19.5). 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?
Balu Forge Industries Ltd (19.6% against 10.0%).
Which carries more debt?
Balu Forge Industries Ltd has the higher debt-to-equity ratio (0.1 against 0).