BAJAJINDEF vs SHANTIGEAR: Stock Comparison

Indef Manufacturing Limited vs Shanthi Gears Limited

Live data: 27 July 2026, 4:08 PM IST • Source: NSE and company filings

Indef Manufacturing Limited is the larger company by market capitalisation. Indef Manufacturing Limited shows a lower P/E and faster revenue growth, while Shanthi Gears Limited shows a higher ROE, 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.

Side-by-side comparison of Indef Manufacturing Limited and Shanthi Gears Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, BAJAJINDEF is more favourable on 4 of 13 scored metrics and SHANTIGEAR on 9These counts are context-free and are not an overall rating.

Key Differences

Market Cap
BAJAJINDEF is the larger company
₹73,872 L Cr vs ₹3,221 Cr
P/E Ratio
BAJAJINDEF has a lower P/E
31.6x vs 42.24x
P/B Ratio
BAJAJINDEF has a lower P/B
2.74x vs 7.36x
EPS
SHANTIGEAR has higher earnings per share
₹9.99 vs ₹7.39
Dividend Yield
SHANTIGEAR has a higher dividend yield
1.13% vs 0.87%
Revenue Growth (TTM YoY)
BAJAJINDEF has faster revenue growth
28.4% vs -11.8%
EPS Growth (TTM YoY)
SHANTIGEAR has faster EPS growth
-27.6% vs -32.8%
Qtr Sales Growth
BAJAJINDEF has stronger quarterly sales growth
28.4% vs -11.8%

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

Profile

MetricBAJAJINDEFSHANTIGEAR
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsIndustrial Products

Price

MetricBAJAJINDEFSHANTIGEAR
Live Price₹230.85₹416.6
Day Change0.26%-0.81%
Volume14,35059,845
52-Week High₹449.9₹598.9
52-Week Low₹207.25₹395
Distance from 52W High-48.69%-30.44%

Valuation

MetricBAJAJINDEFSHANTIGEAR
Market Cap₹73,872 L Cr₹3,221 Cr
P/E Ratio31.6x42.24x
P/B Ratio2.74x7.36x
EPS₹7.39₹9.99
Book Value₹84.3₹57.34
Dividend Yield0.87%1.13%

Growth

MetricBAJAJINDEFSHANTIGEAR
Revenue Growth (TTM YoY)28.4%-11.8%
EPS Growth (TTM YoY)-32.8%-27.6%
Qtr Sales Growth28.4%-11.8%
Qtr Profit Growth-33.7%-17.1%

Profitability & Leverage

MetricBAJAJINDEFSHANTIGEAR
ROE9.2%19%
ROCE9.45%25.6%
Net Margin11.38%14.37%
Operating Margin11.2%20.1%
Debt to Equity0.01x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBAJAJINDEFSHANTIGEAR
Promoter Holding69.61%70.47%
FII Holding1.11% 0.46 pp3.13% 0.01 pp
DII Holding0% 0.13 pp0.22%
Public Holding29.28% 0.59 pp26.17%

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 Limited and Shanthi Gears Limited.

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.