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AZAD vs BAJEL: Stock Comparison

AZAD ENGINEERING vs BAJEL PROJECTSUpdated 23 Oct 26, 3:06 PM ISTNSE & company filings

AZAD ENGINEERING is the larger company by market capitalisation. AZAD ENGINEERING shows a higher ROE, faster revenue growth and lower leverage, while BAJEL PROJECTS shows a lower P/E, a higher dividend yield and a higher ROCE. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

AZAD leads 6; BAJEL leads 5 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

AZADBAJEL

Valuation lens

What price are you paying?

Market CapContext only
₹16,101 Cr
₹1,768 Cr
P/E RatioBAJEL has the lower reading
118.76x
81.18x ✓
P/B RatioBAJEL has the lower reading
10.8x
2.4x ✓
EPSAZAD has the higher reading
₹21.49 ✓
₹1.9
Book ValueContext only
₹236.65
₹64.61
Dividend YieldBAJEL has the higher reading
0%
0.38% ✓

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
AZAD is the larger company
₹16,101 Cr vs ₹1,768 Cr
P/E Ratio
BAJEL has a lower P/E
81.18x vs 118.76x
P/B Ratio
BAJEL has a lower P/B
2.4x vs 10.8x
EPS
AZAD has higher earnings per share
₹21.49 vs ₹1.9
Dividend Yield
BAJEL has a higher dividend yield
0.38% vs 0%
Revenue Growth (TTM YoY)
AZAD has faster revenue growth
27.3% vs 25.7%
EPS Growth (TTM YoY)
BAJEL has faster EPS growth
190.5% vs 34.3%
ROE
AZAD has a higher ROE
8.74% vs 3.96%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricAZADBAJEL
SectorCapital GoodsCapital Goods
IndustryHeavy Electrical EquipmentHeavy Electrical Equipment

Price

MetricAZADBAJEL
Live Price₹2,479.9₹153.15
Day Change-2.97%-1.29%
Volume6.12 L3.34 L
52-Week High₹3,127.9₹215.5
52-Week Low₹1,360₹135.1
Distance from 52W High-20.72%-28.93%

Valuation

MetricAZADBAJEL
Market Cap₹16,101 Cr₹1,768 Cr
P/E Ratio118.76x81.18x
P/B Ratio10.8x2.4x
EPS₹21.49₹1.9
Book Value₹236.65₹64.61
Dividend Yield0%0.38%

Growth

MetricAZADBAJEL
Revenue Growth (TTM YoY)27.3%25.7%
EPS Growth (TTM YoY)34.3%190.5%
Qtr Sales Growth0%0%
Qtr Profit Growth0%0%

Profitability & Leverage

MetricAZADBAJEL
ROE8.74%3.96%
ROCE7.93%8.18%
Net Margin21.48%0.74%
Operating Margin36.17%3.48%
Debt to Equity0.3x0.51x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricAZADBAJEL
Promoter Holding55.84%62.52%▼ 0.01 pp
FII Holding12.7%▼ 0.6 pp0.32%▼ 0.21 pp
DII Holding10.4%▲ 0.08 pp9.14%▼ 0.06 pp
Public Holding21.05%▲ 0.51 pp28.02%▲ 0.28 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: AZAD ENGINEERING and BAJEL PROJECTS.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.