BALUFORGE vs MARINE: Stock Comparison

BALU FORGE INDUSTRIES vs MARINE ELECTRICAL (I)Updated 11 Sept 26, 4:08 PM ISTNSE & company filings

BALU FORGE INDUSTRIES is the larger company by market capitalisation. BALU FORGE INDUSTRIES shows a lower P/E, a higher dividend yield and lower leverage, while MARINE ELECTRICAL (I) 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

BALUFORGE leads 7; MARINE 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.

BALUFORGEMARINE

Valuation lens

What price are you paying?

Market CapContext only
₹6,405 Cr
₹5,864 Cr
P/E RatioBALUFORGE has the lower reading
23.09x
91.09x
P/B RatioBALUFORGE has the lower reading
3.86x
11.9x
EPSBALUFORGE has the higher reading
₹3.16
₹1.23
Book ValueContext only
₹133.23
₹35.85
Dividend YieldBALUFORGE has the higher reading
0.03%
0%

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

Key Differences

Market Cap
BALUFORGE is the larger company
₹6,405 Cr vs ₹5,864 Cr
P/E Ratio
BALUFORGE has a lower P/E
23.09x vs 91.09x
P/B Ratio
BALUFORGE has a lower P/B
3.86x vs 11.9x
EPS
BALUFORGE has higher earnings per share
₹3.16 vs ₹1.23
Dividend Yield
BALUFORGE has a higher dividend yield
0.03% vs 0%
Revenue Growth (TTM YoY)
MARINE has faster revenue growth
10.7% vs -2.3%
EPS Growth (TTM YoY)
MARINE has faster EPS growth
37.9% vs 12.4%
Qtr Sales Growth
MARINE has stronger quarterly sales growth
10.69% vs -41.8%

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

Profile

MetricBALUFORGEMARINE
SectorCapital GoodsCapital Goods
IndustryCastings & ForgingsIndustrial Products

Price

MetricBALUFORGEMARINE
Live Price₹533.4₹419.15
Day Change-0.61%2.52%
Volume5.33 L7.75 L
52-Week High₹697₹450
52-Week Low₹341.05₹150.86
Distance from 52W High-23.47%-6.86%

Valuation

MetricBALUFORGEMARINE
Market Cap₹6,405 Cr₹5,864 Cr
P/E Ratio23.09x91.09x
P/B Ratio3.86x11.9x
EPS₹3.16₹1.23
Book Value₹133.23₹35.85
Dividend Yield0.03%0%

Growth

MetricBALUFORGEMARINE
Revenue Growth (TTM YoY)-2.3%10.7%
EPS Growth (TTM YoY)12.4%37.9%
Qtr Sales Growth-41.8%10.69%
Qtr Profit Growth-42.82%4.67%

Profitability & Leverage

MetricBALUFORGEMARINE
ROE11.19%11.68%
ROCE11.74%13.01%
Net Margin23.38%6.26%
Operating Margin33.49%10.81%
Debt to Equity0.09x0.17x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBALUFORGEMARINE
Promoter Holding53.51% 0.88 pp68.2%
FII Holding5.04% 0.98 pp1.12% 0.53 pp
DII Holding0.95% 0.06 pp0.41% 0.07 pp
Public Holding36.64% 1.97 pp30.27% 0.6 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 and MARINE ELECTRICAL (I).

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.