AZAD vs BAJEL: Stock Comparison
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
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | AZAD | BAJEL |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Heavy Electrical Equipment | Heavy Electrical Equipment |
Price
| Metric | AZAD | BAJEL |
|---|---|---|
| Live Price | ₹2,479.9 | ₹153.15 |
| Day Change | -2.97% | -1.29% |
| Volume | 6.12 L | 3.34 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
| Metric | AZAD | BAJEL |
|---|---|---|
| Market Cap | ₹16,101 Cr | ₹1,768 Cr |
| P/E Ratio | 118.76x | 81.18x |
| P/B Ratio | 10.8x | 2.4x |
| EPS | ₹21.49 | ₹1.9 |
| Book Value | ₹236.65 | ₹64.61 |
| Dividend Yield | 0% | 0.38% |
Growth
| Metric | AZAD | BAJEL |
|---|---|---|
| Revenue Growth (TTM YoY) | 27.3% | 25.7% |
| EPS Growth (TTM YoY) | 34.3% | 190.5% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | AZAD | BAJEL |
|---|---|---|
| ROE | 8.74% | 3.96% |
| ROCE | 7.93% | 8.18% |
| Net Margin | 21.48% | 0.74% |
| Operating Margin | 36.17% | 3.48% |
| Debt to Equity | 0.3x | 0.51x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | AZAD | BAJEL |
|---|---|---|
| Promoter Holding | 55.84% | 62.52%▼ 0.01 pp |
| FII Holding | 12.7%▼ 0.6 pp | 0.32%▼ 0.21 pp |
| DII Holding | 10.4%▲ 0.08 pp | 9.14%▼ 0.06 pp |
| Public Holding | 21.05%▲ 0.51 pp | 28.02%▲ 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.
Related Comparisons
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.

