BAJAJINDEF vs SETL: Stock Comparison

INDEF MANUFACTURING vs STANDARD ENGNG TCNLGYUpdated 23 Sept 26, 1:15 PM ISTNSE & company filings

STANDARD ENGNG TCNLGY is the larger company by market capitalisation. INDEF MANUFACTURING shows a lower P/E, a higher dividend yield and faster revenue growth, while STANDARD ENGNG TCNLGY shows a higher ROE 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 7; SETL leads 6 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.

BAJAJINDEFSETL

Valuation lens

What price are you paying?

Market CapContext only
₹719 Cr
₹8,131 Cr
P/E RatioBAJAJINDEF has the lower reading
30.37x
92.85x
P/B RatioBAJAJINDEF has the lower reading
2.62x
10.21x
EPSBAJAJINDEF has the higher reading
₹7.33
₹1.32
Book ValueContext only
₹84.3
₹39.99
Dividend YieldBAJAJINDEF has the higher reading
0.93%
0%

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

Key Differences

Market Cap
SETL is the larger company
₹8,131 Cr vs ₹719 Cr
P/E Ratio
BAJAJINDEF has a lower P/E
30.37x vs 92.85x
P/B Ratio
BAJAJINDEF has a lower P/B
2.62x vs 10.21x
EPS
BAJAJINDEF has higher earnings per share
₹7.33 vs ₹1.32
Dividend Yield
BAJAJINDEF has a higher dividend yield
0.93% vs 0%
Revenue Growth (TTM YoY)
BAJAJINDEF has faster revenue growth
28.4% vs 0%
EPS Growth (TTM YoY)
SETL has faster EPS growth
0% vs -32.8%
Qtr Sales Growth
SETL has stronger quarterly sales growth
144.05% vs 22.05%

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

Profile

MetricBAJAJINDEFSETL
SectorCapital Goods
IndustryIndustrial Products

Price

MetricBAJAJINDEFSETL
Live Price₹224.3₹408.6
Day Change2.41%1.5%
Volume25,1983.18 L
52-Week High₹442.6₹468.15
52-Week Low₹207.25₹104.56
Distance from 52W High-49.32%-12.72%

Valuation

MetricBAJAJINDEFSETL
Market Cap₹719 Cr₹8,131 Cr
P/E Ratio30.37x92.85x
P/B Ratio2.62x10.21x
EPS₹7.33₹1.32
Book Value₹84.3₹39.99
Dividend Yield0.93%0%

Growth

MetricBAJAJINDEFSETL
Revenue Growth (TTM YoY)28.4%0%
EPS Growth (TTM YoY)-32.8%0%
Qtr Sales Growth22.05%144.05%
Qtr Profit Growth-6.09%63.79%

Profitability & Leverage

MetricBAJAJINDEFSETL
ROE8.7%10.41%
ROCE9.02%10.74%
Net Margin11.38%10.73%
Operating Margin11.73%15.75%
Debt to Equity0x0.07x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBAJAJINDEFSETL
Promoter Holding69.61%60.47%
FII Holding1.11% 0.46 pp2.77% 0.34 pp
DII Holding0% 0.13 pp0.2% 0.15 pp
Public Holding29.28% 0.59 pp36.56% 0.19 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 STANDARD ENGNG TCNLGY.

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.