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HPL vs SPECTRUM: Stock Comparison

HPL ELECTRIC & POWER vs SPECTRUMUpdated 22 Oct 26, 4:08 PM ISTNSE & company filings

SPECTRUM is the larger company by market capitalisation. HPL ELECTRIC & POWER shows a lower P/E, a higher dividend yield and lower leverage, while SPECTRUM shows a higher ROE, faster revenue growth and a higher ROCE. 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

HPL leads 4; SPECTRUM 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.

HPLSPECTRUM

Valuation lens

What price are you paying?

Market CapContext only
₹1,547 Cr
₹6,319 Cr
P/E RatioHPL has the lower reading
16.96x ✓
100.87x
P/B RatioHPL has the lower reading
1.55x ✓
23.77x
EPSSPECTRUM has the higher reading
₹2.9
₹8.29 ✓
Book ValueContext only
₹155.92
₹155.84
Dividend YieldHPL has the higher reading
0.42% ✓
0%

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

Key Differences

Market Cap
SPECTRUM is the larger company
₹6,319 Cr vs ₹1,547 Cr
P/E Ratio
HPL has a lower P/E
16.96x vs 100.87x
P/B Ratio
HPL has a lower P/B
1.55x vs 23.77x
EPS
SPECTRUM has higher earnings per share
₹8.29 vs ₹2.9
Dividend Yield
HPL has a higher dividend yield
0.42% vs 0%
Revenue Growth (TTM YoY)
SPECTRUM has faster revenue growth
67.9% vs 5.5%
EPS Growth (TTM YoY)
SPECTRUM has faster EPS growth
95.9% vs -16.9%
ROE
SPECTRUM has a higher ROE
20.46% vs 8.5%

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

Profile

MetricHPLSPECTRUM
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsIndustrial Products

Price

MetricHPLSPECTRUM
Live Price₹238.3₹2,530.2
Day Change-2.66%3.67%
Volume89,34817,112
52-Week High₹479.9₹2,637.2
52-Week Low₹241.9₹1,050
Distance from 52W High-50.34%-4.06%

Valuation

MetricHPLSPECTRUM
Market Cap₹1,547 Cr₹6,319 Cr
P/E Ratio16.96x100.87x
P/B Ratio1.55x23.77x
EPS₹2.9₹8.29
Book Value₹155.92₹155.84
Dividend Yield0.42%0%

Growth

MetricHPLSPECTRUM
Revenue Growth (TTM YoY)5.5%67.9%
EPS Growth (TTM YoY)-16.9%95.9%
Qtr Sales Growth0%0%
Qtr Profit Growth0%0%

Profitability & Leverage

MetricHPLSPECTRUM
ROE8.5%20.46%
ROCE8.97%14.44%
Net Margin5.03%8.24%
Operating Margin10.92%13.72%
Debt to Equity0.75x0.89x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricHPLSPECTRUM
Promoter Holding72.66%66.88%▼ 5.84 pp
FII Holding0.5%▼ 0.25 pp3.5%▼ 0.14 pp
DII Holding0.1%7.99%▲ 7.63 pp
Public Holding26.74%▲ 0.25 pp21.63%▼ 1.66 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: HPL ELECTRIC & POWER and SPECTRUM.

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.