BALUFORGE vs SOLEX: Stock Comparison

BALU FORGE INDUSTRIES vs SOLEX ENERGYUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

BALU FORGE INDUSTRIES is the larger company by market capitalisation. BALU FORGE INDUSTRIES shows a higher dividend yield, lower leverage and a higher net margin, while SOLEX ENERGY 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.

Metric snapshot

BALUFORGE leads 4; SOLEX leads 9 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.

BALUFORGESOLEX

Valuation lens

What price are you paying?

Market CapContext only
₹6,405 Cr
₹761 Cr
P/E RatioSOLEX has the lower reading
23.09x
9.57x
P/B RatioSOLEX has the lower reading
3.86x
3.04x
EPSSOLEX has the higher reading
₹3.16
₹6.62
Book ValueContext only
₹133.23
₹237.06
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 ₹761 Cr
P/E Ratio
SOLEX has a lower P/E
9.57x vs 23.09x
P/B Ratio
SOLEX has a lower P/B
3.04x vs 3.86x
EPS
SOLEX has higher earnings per share
₹6.62 vs ₹3.16
Dividend Yield
BALUFORGE has a higher dividend yield
0.03% vs 0%
Revenue Growth (TTM YoY)
SOLEX has faster revenue growth
248.1% vs -2.3%
EPS Growth (TTM YoY)
SOLEX has faster EPS growth
304.6% vs 12.4%
Qtr Sales Growth
SOLEX has stronger quarterly sales growth
-0.54% vs -41.8%

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

Profile

MetricBALUFORGESOLEX
SectorCapital GoodsCapital Goods
IndustryCastings & ForgingsHeavy Electrical Equipment

Price

MetricBALUFORGESOLEX
Live Price₹533.4₹698.6
Day Change-0.61%-0.94%
Volume5.33 L28,447
52-Week High₹697₹1,985
52-Week Low₹341.05₹651.2
Distance from 52W High-23.47%-64.81%

Valuation

MetricBALUFORGESOLEX
Market Cap₹6,405 Cr₹761 Cr
P/E Ratio23.09x9.57x
P/B Ratio3.86x3.04x
EPS₹3.16₹6.62
Book Value₹133.23₹237.06
Dividend Yield0.03%0%

Growth

MetricBALUFORGESOLEX
Revenue Growth (TTM YoY)-2.3%248.1%
EPS Growth (TTM YoY)12.4%304.6%
Qtr Sales Growth-41.8%-0.54%
Qtr Profit Growth-42.82%-13.44%

Profitability & Leverage

MetricBALUFORGESOLEX
ROE11.19%38.37%
ROCE11.74%27.03%
Net Margin23.38%5.34%
Operating Margin33.49%10.01%
Debt to Equity0.09x1.05x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBALUFORGESOLEX
Promoter Holding53.51% 0.88 pp66.15%
FII Holding5.04% 0.98 pp0.07% 0.06 pp
DII Holding0.95% 0.06 pp0.51% 0.3 pp
Public Holding36.64% 1.97 pp33.26% 0.35 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 SOLEX ENERGY.

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.