BAJAJINDEF vs HIRECT: Stock Comparison

INDEF MANUFACTURING vs HIRECTUpdated 21 Sept 26, 4:08 PM ISTNSE & company filings

HIRECT is the larger company by market capitalisation. INDEF MANUFACTURING shows a lower P/E, a higher dividend yield and lower leverage, while HIRECT shows a higher ROE, faster revenue growth 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

BAJAJINDEF leads 8; HIRECT 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.

BAJAJINDEFHIRECT

Valuation lens

What price are you paying?

Market CapContext only
₹688 Cr
₹4,405 Cr
P/E RatioBAJAJINDEF has the lower reading
29.4x
102.5x
P/B RatioBAJAJINDEF has the lower reading
2.54x
20.47x
EPSHIRECT has the higher reading
₹7.33
₹12.06
Book ValueContext only
₹84.3
₹60.69
Dividend YieldBAJAJINDEF has the higher reading
0.93%
0.11%

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

Key Differences

Market Cap
HIRECT is the larger company
₹4,405 Cr vs ₹688 Cr
P/E Ratio
BAJAJINDEF has a lower P/E
29.4x vs 102.5x
P/B Ratio
BAJAJINDEF has a lower P/B
2.54x vs 20.47x
EPS
HIRECT has higher earnings per share
₹12.06 vs ₹7.33
Dividend Yield
BAJAJINDEF has a higher dividend yield
0.93% vs 0.11%
Revenue Growth (TTM YoY)
HIRECT has faster revenue growth
51.2% vs 28.4%
EPS Growth (TTM YoY)
BAJAJINDEF has faster EPS growth
-32.8% vs -54.9%
Qtr Sales Growth
BAJAJINDEF has stronger quarterly sales growth
22.05% vs -8.53%

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

Profile

MetricBAJAJINDEFHIRECT
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsIndustrial Products

Price

MetricBAJAJINDEFHIRECT
Live Price₹214.81₹1,241.2
Day Change-0.06%-0.13%
Volume11,94134,369
52-Week High₹442.6₹1,909.9
52-Week Low₹207.25₹643.7
Distance from 52W High-51.47%-35.01%

Valuation

MetricBAJAJINDEFHIRECT
Market Cap₹688 Cr₹4,405 Cr
P/E Ratio29.4x102.5x
P/B Ratio2.54x20.47x
EPS₹7.33₹12.06
Book Value₹84.3₹60.69
Dividend Yield0.93%0.11%

Growth

MetricBAJAJINDEFHIRECT
Revenue Growth (TTM YoY)28.4%51.2%
EPS Growth (TTM YoY)-32.8%-54.9%
Qtr Sales Growth22.05%-8.53%
Qtr Profit Growth-6.09%132.13%

Profitability & Leverage

MetricBAJAJINDEFHIRECT
ROE8.7%26.06%
ROCE9.02%15.84%
Net Margin11.38%4.47%
Operating Margin11.73%9.36%
Debt to Equity0x1x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBAJAJINDEFHIRECT
Promoter Holding69.61%42.58% 1.34 pp
FII Holding1.11% 0.46 pp6.84% 0.27 pp
DII Holding0% 0.13 pp3.22% 3.02 pp
Public Holding29.28% 0.59 pp47.35% 1.96 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: INDEF MANUFACTURING and HIRECT.

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.