BAJAJ-AUTO vs ULTRACEMCO: Stock Comparison

Bajaj Auto Ltd vs UltraTech Cement LtdUpdated 26 Aug 26, 4:08 PM ISTNSE & company filings

UltraTech Cement Ltd is the larger company by market capitalisation. Bajaj Auto Ltd shows a lower P/E, a higher ROE and faster revenue growth, while UltraTech Cement Ltd shows a higher dividend yield and lower leverage. 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

BAJAJ-AUTO leads 10; ULTRACEMCO leads 3 of 13

Not a rating
These companies operate in different sectors (Automobile and Auto Components vs Construction Materials). Valuation and leverage norms differ across sectors, so cross-sector ratio comparisons can mislead — compare each against its own sector peers too.

Interactive comparison

Compare the numbers that shape the decision

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

BAJAJ-AUTOULTRACEMCO

Valuation lens

What price are you paying?

Market CapContext only
₹3,21,91,493.42 L Cr
₹3,44,67,856.13 L Cr
P/E RatioBAJAJ-AUTO has the lower reading
27.92x
40.55x
P/B RatioULTRACEMCO has the lower reading
8.46x
4.52x
EPSBAJAJ-AUTO has the higher reading
₹413.86
₹289.65
Book ValueContext only
₹1,389.35
₹2,605.1
Dividend YieldULTRACEMCO has the higher reading
1.26%
2.08%

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

Key Differences

Market Cap
ULTRACEMCO is the larger company
₹3,44,67,856.13 L Cr vs ₹3,21,91,493.42 L Cr
P/E Ratio
BAJAJ-AUTO has a lower P/E
27.92x vs 40.55x
P/B Ratio
ULTRACEMCO has a lower P/B
4.52x vs 8.46x
EPS
BAJAJ-AUTO has higher earnings per share
₹413.86 vs ₹289.65
Dividend Yield
ULTRACEMCO has a higher dividend yield
2.08% vs 1.26%
Revenue Growth (TTM YoY)
BAJAJ-AUTO has faster revenue growth
48.8% vs 3%
EPS Growth (TTM YoY)
BAJAJ-AUTO has faster EPS growth
103.1% vs 45.3%
Qtr Sales Growth
BAJAJ-AUTO has stronger quarterly sales growth
41% vs 15.8%

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

Profile

MetricBAJAJ-AUTOULTRACEMCO
SectorAutomobile and Auto ComponentsConstruction Materials
Industry2/3 WheelersCement & Cement Products

Price

MetricBAJAJ-AUTOULTRACEMCO
Live Price₹11,724₹11,717
Day Change-1.7%1.53%
Volume1.67 L2.08 L
52-Week High₹11,927₹13,110
52-Week Low₹8,491.5₹10,325
Distance from 52W High-1.7%-10.63%

Valuation

MetricBAJAJ-AUTOULTRACEMCO
Market Cap₹3,21,91,493.42 L Cr₹3,44,67,856.13 L Cr
P/E Ratio27.92x40.55x
P/B Ratio8.46x4.52x
EPS₹413.86₹289.65
Book Value₹1,389.35₹2,605.1
Dividend Yield1.26%2.08%

Growth

MetricBAJAJ-AUTOULTRACEMCO
Revenue Growth (TTM YoY)48.8%3%
EPS Growth (TTM YoY)103.1%45.3%
Qtr Sales Growth41%15.8%
Qtr Profit Growth102%15.8%

Profitability & Leverage

MetricBAJAJ-AUTOULTRACEMCO
ROE29.2%11.1%
ROCE28.2%12.7%
Net Margin17.79%10.24%
Operating Margin20.8%19.2%
Debt to Equity0.58x0.31x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBAJAJ-AUTOULTRACEMCO
Promoter Holding54.76%58.4%
FII Holding9.01% 0.19 pp12.86% 1.25 pp
DII Holding13.54% 0.93 pp19.69% 1.27 pp
Public Holding22.44% 0.82 pp7.91%

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: Bajaj Auto Ltd and UltraTech Cement Ltd.

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.