BALUFORGE vs SOLEX: Stock Comparison
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 5; SOLEX leads 6 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | BALUFORGE | SOLEX |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Castings & Forgings | Heavy Electrical Equipment |
Price
| Metric | BALUFORGE | SOLEX |
|---|---|---|
| Live Price | ₹440.5 | ₹539 |
| Day Change | -2.73% | -3.7% |
| Volume | 1.35 L | 7,459 |
| 52-Week High | ₹667 | ₹1,985 |
| 52-Week Low | ₹341.05 | ₹522 |
| Distance from 52W High | -33.96% | -72.85% |
Valuation
| Metric | BALUFORGE | SOLEX |
|---|---|---|
| Market Cap | ₹5,384 Cr | ₹583 Cr |
| P/E Ratio | 19.67x | 8.1x |
| P/B Ratio | 3.29x | 2.58x |
| EPS | ₹24.01 | ₹7.39 |
| Book Value | ₹154.03 | ₹237.06 |
| Dividend Yield | 0.03% | 0% |
Growth
| Metric | BALUFORGE | SOLEX |
|---|---|---|
| Revenue Growth (TTM YoY) | -2.3% | 248.1% |
| EPS Growth (TTM YoY) | 12.4% | 304.6% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | BALUFORGE | SOLEX |
|---|---|---|
| ROE | 11.19% | 91.98% |
| ROCE | 11.74% | 59.31% |
| Net Margin | 23.38% | 5.34% |
| Operating Margin | 33.49% | 9.98% |
| Debt to Equity | 0.09x | 1.05x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | BALUFORGE | SOLEX |
|---|---|---|
| Promoter Holding | 53.99%▲ 0.48 pp | 66.15% |
| FII Holding | 5.13%▲ 0.09 pp | 0.32%▲ 0.25 pp |
| DII Holding | 0.92%▼ 0.03 pp | 0.28%▼ 0.23 pp |
| Public Holding | 36.15%▼ 0.49 pp | 33.25%▼ 0.01 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.
Related Comparisons
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.