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MEIL vs SPELS: Stock Comparison

MANGAL ELECTRICAL IND L vs SPELSUpdated 29 Oct 26, 4:08 PM ISTNSE & company filings

MANGAL ELECTRICAL IND L is the larger company by market capitalisation. MANGAL ELECTRICAL IND L shows a higher net margin, while SPELS shows a lower P/E. 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

MEIL leads 3; SPELS leads 1 of 9

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.

MEILSPELS

Valuation lens

What price are you paying?

Market CapContext only
₹685 Cr
₹470 Cr
P/E RatioSPELS has the lower reading
16.21x
0x ✓
P/B RatioMEIL has the lower reading
1.29x ✓
171.14x
EPSMEIL has the higher reading
₹2.72 ✓
₹-0.29
Book ValueContext only
₹213.67
₹0.66
Dividend YieldSame reading
0%
0%

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

Key Differences

Market Cap
MEIL is the larger company
₹685 Cr vs ₹470 Cr
P/E Ratio
SPELS has a lower P/E
0x vs 16.21x
P/B Ratio
MEIL has a lower P/B
1.29x vs 171.14x
EPS
MEIL has higher earnings per share
₹2.72 vs ₹-0.29
Net Margin
MEIL has a higher net margin
7.45% vs 0%

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

Profile

MetricMEILSPELS
SectorCapital Goods—
IndustryOther Electrical Equipment—

Price

MetricMEILSPELS
Live Price₹247.6₹145.65
Day Change-0.24%-0.65%
Volume30,83122,324
52-Week High₹483₹157
52-Week Low₹206.26₹140.1
Distance from 52W High-48.74%-7.23%

Valuation

MetricMEILSPELS
Market Cap₹685 Cr₹470 Cr
P/E Ratio16.21x0x
P/B Ratio1.29x171.14x
EPS₹2.72₹-0.29
Book Value₹213.67₹0.66
Dividend Yield0%0%

Growth

MetricMEILSPELS
Revenue Growth (TTM YoY)0%0%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth0%0%
Qtr Profit Growth0%0%

Profitability & Leverage

MetricMEILSPELS
ROE7.31%—
ROCE8.22%—
Net Margin7.45%0%
Operating Margin12.03%—
Debt to Equity0.08x—

Shareholding

As of Sep 2026 • change vs previous quarter
MetricMEILSPELS
Promoter Holding74.79%3.2%
FII Holding0.08%▼ 1.2 pp0.02%
DII Holding3.57%▼ 0.73 pp0.02%
Public Holding21.55%▲ 1.91 pp40.79%

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: MANGAL ELECTRICAL IND L and SPELS.

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.