BALUFORGE vs WAAREEINDO: Stock Comparison

Balu Forge Industries Limited vs Indosolar Ltd

Live data: 28 July 2026, 9:45 AM IST • Source: NSE and company filings

Balu Forge Industries Limited is the larger company by market capitalisation. Balu Forge Industries Limited shows a higher dividend yield, while Indosolar Ltd 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 Indosolar Ltd 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 5 of 13 scored metrics and WAAREEINDO on 8These counts are context-free and are not an overall rating.

Key Differences

Market Cap
BALUFORGE is the larger company
₹5,271 Cr vs ₹1,361 Cr
P/E Ratio
WAAREEINDO has a lower P/E
8.37x vs 19.56x
P/B Ratio
BALUFORGE has a lower P/B
3.18x vs 4.85x
EPS
WAAREEINDO has higher earnings per share
₹40 vs ₹23.89
Dividend Yield
BALUFORGE has a higher dividend yield
0.03% vs 0%
Revenue Growth (TTM YoY)
WAAREEINDO has faster revenue growth
0% vs -2.3%
EPS Growth (TTM YoY)
BALUFORGE has faster EPS growth
12.4% vs 0%
Qtr Sales Growth
BALUFORGE has stronger quarterly sales growth
-2.26% vs -64.9%

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

Profile

MetricBALUFORGEWAAREEINDO
SectorCapital Goods
IndustryCastings & Forgings

Price

MetricBALUFORGEWAAREEINDO
Live Price₹435.9₹323.15
Day Change-0.88%-3.55%
Volume22,1931.43 L
52-Week High₹697₹561.95
52-Week Low₹341.05₹335.05
Distance from 52W High-37.46%-42.49%

Valuation

MetricBALUFORGEWAAREEINDO
Market Cap₹5,271 Cr₹1,361 Cr
P/E Ratio19.56x8.37x
P/B Ratio3.18x4.85x
EPS₹23.89₹40
Book Value₹154.03₹69
Dividend Yield0.03%0%

Growth

MetricBALUFORGEWAAREEINDO
Revenue Growth (TTM YoY)-2.3%0%
EPS Growth (TTM YoY)12.4%0%
Qtr Sales Growth-2.26%-64.9%
Qtr Profit Growth4.87%-68.6%

Profitability & Leverage

MetricBALUFORGEWAAREEINDO
ROE19.6%151%
ROCE22.7%124%
Net Margin23.38%36.27%
Operating Margin27%46%
Debt to Equity0.1x0.01x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBALUFORGEWAAREEINDO
Promoter Holding53.51% 0.88 pp74.93%
FII Holding5.04% 0.98 pp0.55%
DII Holding0.95% 0.06 pp0.06% 0.06 pp
Public Holding36.64% 1.97 pp24.47% 0.08 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 Indosolar Ltd.

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.