NSE ScannerComparison · NSE · data 2026-11-01
Techno Electric & Engineering Company Limited vs Welspun Enterprises Ltd.
In plain words
Size: Techno Electric & Engineering Company Limited is about 1.1 times the market value of Welspun Enterprises Ltd..
Valuation (P/E): Welspun Enterprises Ltd. 28.2 vs Techno Electric & Engineering Company Limited 22.4.
Return on equity: Welspun Enterprises Ltd. 13% vs Techno Electric & Engineering Company Limited 11.4%.
Profit growth over 3 years: Techno Electric & Engineering Company Limited 58.5% a year vs Welspun Enterprises Ltd. -21.5% a year.
Debt to equity: Welspun Enterprises Ltd. 0.65 vs Techno Electric & Engineering Company Limited 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| TECHNOE | WELENT | |
|---|---|---|
| Price | ₹829.3 | ₹619.05 |
| Market cap | ₹9,655 cr | ₹8,583 cr |
| P/E | 22.4 | 28.2 |
| P/B | — | — |
| ROE | 11.4% | 13.0% |
| ROCE | 10.3% | 12.0% |
| Debt / equity | 0.02 | 0.65 |
| Operating margin | 13.3% | 18.8% |
| Dividend yield | 0.84% | 0.48% |
| Sales growth, 3 years (yearly) | 57.7% | 8.1% |
| Profit growth, 3 years (yearly) | 58.5% | -21.5% |
| 1-year return | -38.8% | 10.5% |
| Revenue, last 12 months | ₹3,356 cr | ₹3,544 cr |
| Net profit, last 12 months | ₹431 cr | ₹306 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹93 cr | ₹47 cr |
| Quarter profit vs a year earlier | -31.4% | -48.7% |
| Promoter holding | 56.92% | 56.13% |
| Health check | Average (4.2/10) | Weak (3.2/10) |
Common questions
Which has a higher P/E, Techno Electric & Engineering Company Limited or Welspun Enterprises Ltd.?
Welspun Enterprises Ltd. trades at the higher P/E (28.2 against 22.4). 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?
Welspun Enterprises Ltd. (13.0% against 11.4%).
Which carries more debt?
Welspun Enterprises Ltd. has the higher debt-to-equity ratio (0.65 against 0.02).