HIRECT vs SETL: Stock Comparison

Hind Rectifiers Limited vs Standard Engineering Technology LtdUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Standard Engineering Technology Ltd is the larger company by market capitalisation. Hind Rectifiers Limited shows a higher ROE, a higher dividend yield and faster revenue growth, while Standard Engineering Technology Ltd shows a lower P/E, lower leverage and a higher net margin. 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

HIRECT leads 6; SETL leads 7 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.

HIRECTSETL

Valuation lens

What price are you paying?

Market CapContext only
₹4,403 Cr
₹5,937 Cr
P/E RatioSETL has the lower reading
104.62x
68.16x
P/B RatioSETL has the lower reading
20.89x
7.5x
EPSHIRECT has the higher reading
₹13.1
₹4.01
Book ValueContext only
₹60.69
₹39.5
Dividend YieldHIRECT has the higher reading
0.11%
0%

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

Key Differences

Market Cap
SETL is the larger company
₹5,937 Cr vs ₹4,403 Cr
P/E Ratio
SETL has a lower P/E
68.16x vs 104.62x
P/B Ratio
SETL has a lower P/B
7.5x vs 20.89x
EPS
HIRECT has higher earnings per share
₹13.1 vs ₹4.01
Dividend Yield
HIRECT has a higher dividend yield
0.11% vs 0%
Revenue Growth (TTM YoY)
HIRECT has faster revenue growth
51.2% vs 0%
EPS Growth (TTM YoY)
SETL has faster EPS growth
0% vs -54.9%
Qtr Sales Growth
HIRECT has stronger quarterly sales growth
51.2% vs 36.3%

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

Profile

MetricHIRECTSETL
SectorCapital Goods
IndustryIndustrial Products

Price

MetricHIRECTSETL
Live Price₹1,273.7₹297.75
Day Change-0.37%-2.36%
Volume1.06 L4.17 L
52-Week High₹1,909.9₹315.6
52-Week Low₹643.7₹104.56
Distance from 52W High-33.31%-5.66%

Valuation

MetricHIRECTSETL
Market Cap₹4,403 Cr₹5,937 Cr
P/E Ratio104.62x68.16x
P/B Ratio20.89x7.5x
EPS₹13.1₹4.01
Book Value₹60.69₹39.5
Dividend Yield0.11%0%

Growth

MetricHIRECTSETL
Revenue Growth (TTM YoY)51.2%0%
EPS Growth (TTM YoY)-54.9%0%
Qtr Sales Growth51.2%36.3%
Qtr Profit Growth-129%31.1%

Profitability & Leverage

MetricHIRECTSETL
ROE21.7%10.7%
ROCE18.6%14.7%
Net Margin4.47%10.73%
Operating Margin8.42%15.4%
Debt to Equity1.17x0.1x

Shareholding

As of Jul 2026 • change vs previous quarter
MetricHIRECTSETL
Promoter Holding42.58% 1.34 pp60.47%
FII Holding6.84% 0.27 pp2.77% 0.34 pp
DII Holding3.22% 3.02 pp0.2% 0.15 pp
Public Holding47.35% 1.96 pp36.56% 0.19 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: Hind Rectifiers Limited and Standard Engineering Technology 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.