BALUFORGE vs EMMVEE: Stock Comparison

Balu Forge Industries Limited vs Emmvee Photovoltaic Power Limited

Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings

Emmvee Photovoltaic Power Limited is the larger company by market capitalisation. Balu Forge Industries Limited shows a higher dividend yield and a higher net margin, while Emmvee Photovoltaic Power Limited shows a lower P/E, a higher ROE and faster revenue growth. 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 Balu Forge Industries Limited and Emmvee Photovoltaic Power 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, BALUFORGE is more favourable on 4 of 13 scored metrics and EMMVEE on 8These counts are context-free and are not an overall rating.

Key Differences

Market Cap
EMMVEE is the larger company
₹22,917 Cr vs ₹5,197 Cr
P/E Ratio
EMMVEE has a lower P/E
17.97x vs 19.33x
P/B Ratio
BALUFORGE has a lower P/B
3.14x vs 6.2x
EPS
BALUFORGE has higher earnings per share
₹23.2 vs ₹18.1
Dividend Yield
BALUFORGE has a higher dividend yield
0.03% vs 0%
Revenue Growth (TTM YoY)
EMMVEE has faster revenue growth
62.3% vs -2.3%
EPS Growth (TTM YoY)
EMMVEE has faster EPS growth
62.5% vs 12.4%
Qtr Sales Growth
EMMVEE has stronger quarterly sales growth
62.2% vs -2.26%

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

Profile

MetricBALUFORGEEMMVEE
SectorCapital GoodsCapital Goods
IndustryCastings & ForgingsOther Electrical Equipment

Price

MetricBALUFORGEEMMVEE
Live Price₹433.6₹331
Day Change0.42%3.52%
Volume2.38 L27.62 L
52-Week High₹697₹371.55
52-Week Low₹341.05₹171.51
Distance from 52W High-37.79%-10.91%

Valuation

MetricBALUFORGEEMMVEE
Market Cap₹5,197 Cr₹22,917 Cr
P/E Ratio19.33x17.97x
P/B Ratio3.14x6.2x
EPS₹23.2₹18.1
Book Value₹154.03₹53.39
Dividend Yield0.03%0%

Growth

MetricBALUFORGEEMMVEE
Revenue Growth (TTM YoY)-2.3%62.3%
EPS Growth (TTM YoY)12.4%62.5%
Qtr Sales Growth-2.26%62.2%
Qtr Profit Growth4.87%89.4%

Profitability & Leverage

MetricBALUFORGEEMMVEE
ROE19.6%51.1%
ROCE22.7%44.8%
Net Margin23.38%21.44%
Operating Margin27%34.3%
Debt to Equity0.1x0.1x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBALUFORGEEMMVEE
Promoter Holding53.51% 0.88 pp80.03%
FII Holding5.04% 0.98 pp2.45% 1.52 pp
DII Holding0.95% 0.06 pp12.28% 0.29 pp
Public Holding36.64% 1.97 pp5.23% 1.8 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: Balu Forge Industries Limited and Emmvee Photovoltaic Power 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.