BALUFORGE vs THEJO: Stock Comparison

BALU FORGE INDUSTRIES vs THEJO ENGINEERINGUpdated 21 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 a higher net margin, while THEJO ENGINEERING shows a higher ROE, faster revenue growth 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.

Metric snapshot

BALUFORGE leads 7; THEJO 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.

BALUFORGETHEJO

Valuation lens

What price are you paying?

Market CapContext only
₹6,214 Cr
₹2,330 Cr
P/E RatioBALUFORGE has the lower reading
22.4x
41.6x
P/B RatioBALUFORGE has the lower reading
3.74x
6.57x
EPSBALUFORGE has the higher reading
₹24.33
₹14.02
Book ValueContext only
₹154.03
₹349.34
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
₹6,214 Cr vs ₹2,330 Cr
P/E Ratio
BALUFORGE has a lower P/E
22.4x vs 41.6x
P/B Ratio
BALUFORGE has a lower P/B
3.74x vs 6.57x
EPS
BALUFORGE has higher earnings per share
₹24.33 vs ₹14.02
Dividend Yield
BALUFORGE has a higher dividend yield
0.03% vs 0%
Revenue Growth (TTM YoY)
THEJO has faster revenue growth
18.3% vs -2.3%
EPS Growth (TTM YoY)
BALUFORGE has faster EPS growth
12.4% vs 4%
Qtr Sales Growth
THEJO has stronger quarterly sales growth
-18.71% vs -41.8%

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

Profile

MetricBALUFORGETHEJO
SectorCapital GoodsCapital Goods
IndustryCastings & ForgingsIndustrial Products

Price

MetricBALUFORGETHEJO
Live Price₹518.65₹2,141.8
Day Change-0.67%-2.63%
Volume4.79 L14,218
52-Week High₹678₹2,286.6
52-Week Low₹341.05₹1,443.6
Distance from 52W High-23.5%-6.33%

Valuation

MetricBALUFORGETHEJO
Market Cap₹6,214 Cr₹2,330 Cr
P/E Ratio22.4x41.6x
P/B Ratio3.74x6.57x
EPS₹24.33₹14.02
Book Value₹154.03₹349.34
Dividend Yield0.03%0%

Growth

MetricBALUFORGETHEJO
Revenue Growth (TTM YoY)-2.3%18.3%
EPS Growth (TTM YoY)12.4%4%
Qtr Sales Growth-41.8%-18.71%
Qtr Profit Growth-42.82%-0.18%

Profitability & Leverage

MetricBALUFORGETHEJO
ROE11.19%17.42%
ROCE12.63%19.57%
Net Margin23.38%7.79%
Operating Margin33.48%15.16%
Debt to Equity0.09x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBALUFORGETHEJO
Promoter Holding53.51% 0.88 pp53.61%
FII Holding5.04% 0.98 pp0.85% 0.01 pp
DII Holding0.95% 0.06 pp3.38% 0.21 pp
Public Holding36.64% 1.97 pp42.17% 0.2 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 THEJO ENGINEERING.

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.