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  • ITC vs Hindustan Unilever (HUL): Which Is Better?

    ITC vs Hindustan Unilever (HUL): Which Is Better?

    Are you aware that leading FMCG Companies in India produce the products you use daily, such as body wash, toothpaste, and fruit juice? As an FMCG company, HUL and ITC are the names with which almost every household is familiar.

    In this blog, we will compare Hindustan Unilever Ltd. (HUL) and India Tobacco Company Ltd. (ITC).

    ITC Ltd. Overview

    ITC Ltd. was established in 1910 and was then known as the Imperial Tobacco Company of India Limited. The business changed its name thrice: first as Indian Tobacco Company in 1970, then as I.T.C. Limited in 1974, and was finally renamed as ITC Limited in 2001. The company’s headquarters are in Kolkata.

    Over the last 10 years, the firm has developed a wide range of over twenty-five premium Indian brands. Their “Nation First: Sab Saath Badhein” ideology aims to create a prosperous and globally competitive enterprise. ITC Limited has been using renewable sources of energy to meet nearly 50% of its energy needs. The company began operating in the hospitality industry in 1975, opening its first hotel in Chennai. In 2001, the company entered the branded packaged foods industry, selling items such as biscuits, noodles, and confectionery. Today, the company has been active in six different sectors, including FMCG, hotels, Agri Business, paperboards & specialty papers, information technology, and packaging.

    Read Also: ITC Case Study

    HUL Overview

    The history of Hindustan Unilever dates back to 1888 when the individuals at the Kolkata harbor noticed crates of Sunlight soap bars. Sunlight soap was the first product that the Lever brothers, founded by William Hesketh Lever and James Darcy Lever, introduced in the Indian market. However, the soap had the label “Made in England by Lever Brothers” on it. In 1895, Lifebuoy and other famous brands like Pears, Lux, and Vim were launched soon after.

    Hindustan Vanaspati Manufacturing Company, Unilever’s Indian subsidiary, was established in 1931. Soon, the  Lever Brothers India Limited and United Traders Limited were established in 1933 and 1935, respectively. These businesses came together to form Hindustan Lever Ltd. in 1956. The company renamed itself Hindustan Unilever Limited later in 2007. The company’s headquarters is in Mumbai. In June 2023, Rohit Jawa replaced Sanjiv Mehta as CEO of Hindustan Unilever Limited.

    In 2020, the firm bought GlaxoSmithKline Consumer Healthcare Limited, which helped them increase their market share and diversify their product line to include brands like Boost and Horlicks. HUL’s diverse product line includes personal care, beverages, packaged foods, water purifiers, and others. 

    Read Also: Hindustan Unilever Case Study

    Company’s Comparative Study

    ParticularITC Ltd.HUL
    Current Share PriceINR 399INR 2,495
    Market Capitalization (In INR Crores)4,99,8325,86,247
    52-Week High PriceINR 499INR 2,805
    52-Week Low PriceINR 390INR 2,136
    FIIs Holdings (%)37.9710.18
    DIIs Holdings (%)46.9316.07
    Book Value Per ShareINR 60.08INR 210.26
    PE Ratio (x)14.7469.84
    (Data as of 13 October 2025)

    Financial Statements Comparison

    Income Statement Comparison (FY 2025)

    ParticularITC Ltd.HUL
    Sales75,32363,121
    Total Income77,85364,138
    Total Expenditure50,99149,320
    Net Profit19,92610,679
    (The figures mentioned are in INR crores unless stated otherwise) 
    Financial Statements Comparison

    Balance Sheet Comparison (FY 2025)

    ParticularITC Ltd.HUL
    Non-Current Liabilities2,98713,488
    Current Liabilities13,69016,537
    Non-Current Assets44,25357,414
    Current Assets41,06522,051
    Shareholder Funds57,95049,402
    (The figures mentioned are in INR crores unless stated otherwise)
    Balance Sheet Comparison

    Cash Flow Statement Comparison (FY 2025)

    ParticularITC Ltd.HUL
    Cash Flow From Operating Activities17,62711,886
    Cash Flow From Investing Activities-3956,473
    Cash Flow From Financing Activities-17,037-13,101
    (The figures mentioned are in INR crores unless stated otherwise)
    Cash Flow Statement Comparison

    Key Performance Indicators

    ParticularITC Ltd.HUL
    Net Profit Margin (%)46.3816.91
    ROE (%)49.6121.55
    ROCE (%)36.4122.91
    Current Ratio3.061.33
    Debt to Equity Ratio00
    (All the above data is of the year ended March 2025)

    Conclusion

    To sum up, ITC and HUL are well-known FMCG companies with a diverse range of products. To expand their market share, both companies have bought several local competitors. The demand and earnings for fast-moving consumer goods (FMCG) remain stable and will rise in tandem with population growth and an increase in disposable income. Before making any investing decisions, it is advised to consult a financial advisor.  

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    Frequently Asked Questions (FAQs)

    1. Among HUL and ITC Ltd., which company has the larger market capitalization?

      HUL has a higher market capitalization than ITC Ltd.

    2. What is the full form of HUL and ITC Limited?

      The full form of HUL is Hindustan Unilever Limited, and ITC Limited refers to the Indian Tobacco Company.

    3. Which company is more profitable: HUL or ITC Limited?

      HUL has posted a net profit of 10,649 crores, whereas ITC Limited has reported a profit of 35,196 crores for the FY 2025, indicating that ITC Limited is more profitable.

    4. Does ITC Ltd. have hotels?

      ITC Ltd. operates more than 140 hotels at more than 90+ destinations.

    5. Where is the headquarters of Hindustan Unilever located?

      The headquarters of Hindustan Unilever is located in Mumbai, India.

  • Bank of Baroda vs SBI Bank: Which is Better?

    Bank of Baroda vs SBI Bank: Which is Better?

    In today’s world, it can be a challenging task to select the best bank to keep your excess funds and invest in. Numerous public and private-sector banks offer individuals a wide variety of products and services to choose from. 

    In today’s blog article, we will compare the State Bank of India and the Bank of Baroda. 

    Bank of Baroda Overview

    Maharaja Sayajirao Gaekwad, the king of Baroda, founded the bank in 1908 to support the local economy. The bank and other commercial banks were nationalized by the Indian government later in 1969. Between 1970 and 1990, the bank witnessed a period of expansion. The bank established branches in the United States and a few other locations, including London, Dubai, Hong Kong, and New York. Bank of Baroda is India’s third-largest public sector bank after merging with Dena Bank and Vijaya Bank in 2019. With more than 11,000 ATMs and 8200 branches nationwide, the company is active in more than 17 countries. In addition to providing essential banking services, the bank offers loans to nearly every sector of the economy. The bank’s main office is in Vadodara, Gujarat. 

    SBI Overview

    SBI is India’s most significant public sector bank and a giant of the country’s banking industry, with an extensive history of over 200 years. The headquarters of SBI is in Mumbai.

    The Bank of Calcutta, the first joint stock company in British India, was established in 1806, marking the beginning of SBI. In British India, three distinct presidential banks—the Bank of Bengal, the Bank of Bombay, and the Bank of Madras—emerged. In 1921, the three presidential banks united to establish the Imperial Bank of India.

    The Imperial Bank of India was nationalized by the Indian government in 1955 and was renamed the State Bank of India. Later, SBI bought several commercial and state-affiliated banks. 

    In 2017, the State Bank of India merged with its five affiliated banks—State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore. This merger increased the banks’ efficiency and demonstrated the significant contribution SBI has made in the expansion of banking services into rural areas. SBI currently has a robust distribution network with 65,627 ATMs and 22,405 branches.

    Read Also: Best Trading Apps in India

    Comparative Company Study

    ParticularBank of BarodaState Bank of India
    Current Share PriceINR 250INR 816
    Market Capitalization (In INR Crores)1,29,3627,27,936
    52-Week High PriceINR 300INR 912
    52-Week Low PriceINR 186INR 543
    FIIs Holdings (%)11.4511.15
    DIIs Holdings (%)16.0323.64
    Book Value Per ShareINR 231INR 465
    PE Ratio (x)6.839.94
    (Data as of 30 August 2024) 

    Read Also: Bank of Baroda vs Canara Bank

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularBank of BarodaState Bank of India
    Interest Income1,18,3794,39,188
    Total Income1,41,7785,94,574
    Total Expenditure1,04,1744,95,543
    Net Profit18,47168,224
    (The figures mentioned are in INR crores unless stated otherwise) 
    Bank of Baroda vs SBI Income Statement

    Balance Sheet Comparison (FY 2024)

    ParticularBank of BarodaState Bank of India
    Deposits13,51,80149,66,537
    Advances10,88,98337,84,272
    Investments4,07,13621,10,548
    Total Shareholder Funds1,18,6763,86,491
    (The figures mentioned are in INR crores unless stated otherwise) 
    Bank of Baroda vs SBI Balance Sheet

    Cash Flow Statement Comparison (FY 2024)

    ParticularBank of BarodaState Bank of India
    Cash Flow From Operating Activities-6,27321,632
    Cash Flow From Investing Activities-1,285-4,251
    Cash Flow From Financing Activities5,475-9,896
    (The figures mentioned are in INR crores unless stated otherwise)
    Bank of Baroda vs SBI Cash Flow Statement

    Read Also: Blinkit vs Zepto: Which is Better?

    Key Performance Indicators

    ParticularBank of BarodaState Bank of India
    Net Interest Margin (%)2.922.66
    Net Profit Margin (%)15.5515.51
    ROE (%)15.6717.31
    ROCE (%)2.381.63
    CASA (%)38.5839.92
    (All the above data is of the year ended March 2024)

    Read Also: PNB vs Bank of Baroda

    Conclusion

    In conclusion, major players in the banking industry, such as the State Bank of India and Bank of Baroda, provide several services to customers. From the data above, we can see that SBI has a higher net profit than Bank of Baroda, but Bank of Baroda has a slightly higher net interest margin. Before making any financial decisions, you should take your risk tolerance into account, even if SBI has a greater number of branches around the nation. 

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    Frequently Asked Questions (FAQs)

    1. Which bank, State Bank of India or Bank of Baroda, has a larger market capitalization?

      Compared to the Bank of Baroda, the State Bank of India has a larger market capitalization.

    2. Where is the State Bank of India’s headquarters located?

      The State Bank of India’s headquarters is situated in Mumbai.

    3. Which bank is more profitable: Bank of Baroda or SBI?

      SBI is more profitable than Bank of Baroda, as SBI reported a net profit of 68,224 crores as compared to a net profit of 18,471 crores for Bank of Baroda for FY 2024. 

    4. Which bank has the most branches: Bank of Baroda or SBI?

      SBI has 22,405 branches, which is more than Bank of Baroda’s 8,200 branches. 

    5. Who is the chairman of the State Bank of India?

      As of 30 August 2024, Mr. Challa Sreenivasulu Setty has been serving as the chairman of the State Bank of India.

  • MRF vs Apollo Tyres: Which is Better?

    MRF vs Apollo Tyres: Which is Better?

    The Indian auto industry is a powerhouse driven by a thriving tyre sector that keeps its wheels turning. The Indian tyre industry showcases a diverse range of companies, each with its unique strengths and specialities. 

    In today’s blog, we will compare MRF and Apollo Tyres.

    MRF Overview

    MRF is an Indian multinational tyre manufacturing company with its headquarters in Chennai, Tamil Nadu. Founded in 1946 by K.M. Mammen Mappillai, it started as a toy balloon manufacturing unit and has grown into a tyre giant. The company manufactures a wide range of products, including tyres for two-wheelers, cars, trucks, and even airplanes. It also manufactures tyres, treads, tubes, conveyor belts, paints, and toys.

    MRF is the largest tyre manufacturer in India and ranks among the top 20 globally. They are well-recognized for their high-quality tyres and extensive reach across the country.

    It was incorporated as a private company, Madras Rubber Factory Limited, and began tyre production in partnership with an American company, Mansfield Tire & Rubber Factory.

    MRF has a wide distribution network in India, serving retail stores, dealerships, and car manufacturers. The company sells tyres directly to manufacturers (B2B) for factory use and also has a strong presence in the replacement tyre market for individual consumers (B2C).

    They achieve this reach through an extensive network of franchised stores and dealers. The company focuses on offering excellent customer service through initiatives like roadside assistance programs and informative resources on its website.

    Apollo Tyres Overview

    Apollo Tyres Limited is an Indian multinational tyre manufacturing company headquartered in Gurgaon, Haryana. The company was established in 1972 by Onkar Kanwar, and since then, it has grown from a domestic Indian company to a global tyre manufacturer with a presence in over 100 countries. Apollo caters to a wide range of segments, including passenger vehicles, two-wheelers, trucks, buses, and light trucks.

    In the 1990s, Apollo Tyres expanded globally with an ambitious strategy. The company acquired manufacturing facilities in the Netherlands in 2009 to better serve the European market.

    The company employs a multifaceted business model, successfully integrating manufacturing, branding, and a customer-centric approach. This strategic blend enables the company to effectively compete in the highly competitive global tyre market.

    Company’s Comparative Study

    ParticularMRFApollo Tyres
    Current Share PriceINR 1,38,616INR 504
    Market Capitalization (in INR Crores)58,77332,025
    52 Week High PriceINR 1,51,445INR 568
    52-Week Low PriceINR 1,06,391INR 365
    FIIs Holdings (%)19.0814.46
    DIIs Holdings (%)10.7426.69
    Book Value per ShareINR 39,384INR 219
    PE Ratio (x)28.518.8
    (Data as of 27 August 2024)

    Read Also: Apollo Hospitals Case Study : Business Model, Financial Statements, And SWOT Analysis

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularMRFApollo Tyres
    Sales25,16925,377
    Total Income25,48625,531
    Total Expenditure22,34522,485
    Net Profit2,0811,721
    (The figures mentioned above are in INR crores unless stated otherwise)
    Income Statement of MRF vs Apollo Tyres

    Balance Sheet Comparison (FY 2024)

    ParticularMRFApollo Tyres
    Non-current Liabilities2,4366,011
    Current Liabilities7,7107,043
    Non-current Assets16,30017,930
    Current Assets10,5509,028
    Total Shareholder Funds16,70313,902
    (The figures mentioned above are in INR crores unless stated otherwise)
    Balance Sheet of MRF vs Apollo Tyres

    Cash Flow Statement Comparison (FY 2024)

    ParticularMRFApollo Tyres
    Cash Flow from Operating Activities3,3003,439
    Cash Flow from Investing Activities-2,379-710
    Cash Flow from Financing Activities-868-2,659
    (The figures mentioned above are in INR crores unless stated otherwise)
    Cash Flow Statement of MRF vs Apollo Tyres

    Key Performance Indicators

    ParticularMRFApollo Tyres
    Net Profit Margin (%)8.266.78
    ROE (%)12.4612.38
    ROCE (%)16.4015.68
    Current Ratio1.371.28
    Debt to Equity Ratio0.120.28
    (all the above data is of the year ended March 2024)

    Conclusion

    The comparison between MRF and Apollo Tyres presented above leads us to conclude that while both MRF and Apollo Tyres have comparable sales, MRF posts higher net profit margins. Moreover, MRF has a slightly higher ROE and ROCE metric as compared to the metrics of Apollo Tyres. However, it is advised to speak with an investment expert before making investment decisions.

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    Frequently Asked Questions (FAQs)

    1. Who is the founder of MRF?

      K.M. Mammen Mappillai established MRF in 1946.

    2. What is the full form of MRF?

      MRF stands for Madras Rubber Factory.

    3. Who is the managing director of Apollo Tyres?

      Neeraj Kanwar is the Managing Director of Apollo Tyres.

    4. Which company is more profitable: MRF or Apollo Tyres?

      MRF has a net profit of INR 2,081 crores compared to INR 1,721 crores for Apollo Tyres for FY 2024.

    5. Which company has a larger market capitalization: MRF or Apollo Tyres?

      MRF has a larger market capitalization than Apollo Tyres as of 27 August 2024.

  • PNB Vs Bank of Baroda: Which is Better?

    PNB Vs Bank of Baroda: Which is Better?

    Choosing between the shares of PNB and Bank of Baroda (BoB) has been a tough call for many investors. While PNB boasts a wider network and customer base, BoB is a potent player across borders due to its innovative use of modern technology. 

    In this blog, we will discuss their financial health, growth potential, and risk factors to aid investors in choosing which stock better fits their goals amid evolving market dynamics and economic conditions.

    Punjab National Bank Overview

    Punjab National Bank is one of the oldest and largest public sector banks in India, set up in 1894. The bank, established in Lahore by the great national leader, Lala Lajpat Rai, has spread over a vast area with a substantial all-India network of over 10,000 branches and 13,000 plus ATMs and serves over 180 million customers. Its legacy includes surviving the partition of India in 1947 and several mergers, the most notable being those with Oriental Bank of Commerce and United Bank of India in the year 2020, which put it on its way to becoming the second-largest public sector bank in the country.

    At PNB, the business model focuses on universal banking, which comprises a wide range of products and services encompassing retail, corporate, international, and treasury segments. Other retail banking services include savings and current accounts, fixed deposits, home and auto loans, and credit cards. Term loans, cash management, trade finance, and other services are also available to corporate customers.

    Punjab National Bank has substantial assets and is focusing on aggressively enhancing its digital channels through mobile banking, internet banking, and payment wallets. The bank has an international footprint through branches in countries like the UK, Hong Kong, and Dubai, mainly for trade finance and remittances.

    Bank Of Baroda Overview

    Bank of Baroda, set up on 20th July 1908 by the Maharaja Sayajirao Gaekwad III in Vadodara, Gujarat, is among the biggest PSBs in India. BoB has over 115 years of legacy and has grown to serve more than 153 million customers globally through a huge network of more than 8,200 domestic branches and more than 11,600 ATMs, with 96 overseas offices in more than 17 countries. It finally merged with Vijaya Bank and Dena Bank in 2019 to further consolidate its market position and emerge as the third-largest bank in India in terms of assets.

    BoB is working on the universal banking model with a complete range of products and services across retail, corporate, international, treasury, and rural banking. It offers retail customers various services, including savings and current accounts, fixed deposits, home and personal loans, credit cards, and insurance. For corporate clients, BoB offers working capital loans, project finance, cash management, and trade finance.

    With its substantial assets, BoB is increasingly working to achieve digital transformation and improve mobile banking, internet banking, and other miscellaneous digital payment solutions. BoB is a big player in the Indian banking industry, having a huge footprint across the globe with diversified service offerings and a strong focus on expanding digital and international banking services.

    Read Also: Blinkit vs Zepto: Which is Better?

    Company’s Comparative Study

    ParticularPunjab National BankBank of Baroda
    Current Share PriceINR 116INR 251
    Market Capitalization (in INR Crores)1,27,9481,30,034
    52 Week High PriceINR 143INR 300
    52-Week Low PriceINR 62.5INR 186
    FIIs Holdings (%)5.5111.45
    DIIs Holdings (%)10.7616.03
    Book Value per ShareINR 100INR 231
    PE Ratio (x)10.96.84
    (Data as of 30th August 2024)

    Read Also: Bank of Baroda vs SBI

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularPunjab National BankBank of Baroda
    Total Interest Earned1,09,0641,18,379
    Total Income1,22,3941,41,778
    Total Expenditure97,3431,04,174
    Net Profit8,32918,471
    (The figures mentioned above are in INR crores unless stated otherwise)
    PNB Vs Bank of Baroda Income Statement

    Balance Sheet Comparison (FY 2024)

    ParticularPunjab National BankBank of Baroda
    Borrowings72,5851,01,959
    Advances9,41,76210,88,983
    Total Assets15,98,63516,54,779
    Total Shareholder Funds99,8781,18,676
    (The figures mentioned above are in INR crores unless stated otherwise)
    PNB Vs Bank of Baroda Balance Sheet

    Cash Flow Statement Comparison (FY 2024)

    ParticularPunjab National BankBank of Baroda
    Cash Flow from Operating Activities-27,939-6,273
    Cash Flow from Investing Activities-1,506-1,285
    Cash Flow from Financing Activities3,5175,475
    (The figures mentioned above are in INR crores unless stated otherwise)
    PNB Vs Bank of Baroda Cash Flow

    Key Performance Indicators

    ParticularPunjab National BankBank of Baroda
    Net Interest Margin (%)2.532.92
    ROE (%)8.9215.67
    Capital Adequacy Ratio (%)16.0016.31
    Dividend Yield1.293.02
    (all the above data is of the year ended March 2024)

    Read Also: PNB vs SBI

    Conclusion

    From the comparison between Punjab National Bank and Bank of Baroda, it is found that both banks have an extensive network and strong market presence. However, the Bank of Baroda has a slightly higher net interest margin and significantly higher dividend yield than Punjab National Bank. However, both banks are facing asset quality problems and regulatory issues. Investors are always advised to consult a financial advisor prior to making any investment in the stock market.

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    Frequently Asked Questions (FAQs)

    1. How does PNB differ from BoB from a digital banking perspective?

      Both banks are investing heavily in digital banking; however, BoB is well underway in its digital transformation journey with comprehensive mobile and internet banking solutions as compared to PNB.

    2. How do PNB and BoB differ in terms of international operations?

      BoB has a much larger international presence than PNB, with 96 overseas offices in 17 countries, while the latter has only two international branches.

    3. Bank of Baroda or PNB, which bank is more digitally active?

      Bank of Baroda is more digitally active and aggressively expanding its presence in digital banking channels and solutions than PNB.

    4. How about their branch networks?

      The domestic branch network of PNB is over 10,000 branches, whereas BoB operates more than 8,200 branches across India.

  • Apollo Hospitals vs Fortis Healthcare: Which is Better?

    Apollo Hospitals vs Fortis Healthcare: Which is Better?

    India’s healthcare sector is experiencing rapid growth, fueled by factors like rising disposable incomes, increasing healthcare costs, and a growing elderly population. Healthcare is crucial to human society for preventing diseases, diagnosing illnesses, treating conditions, and managing injuries. 

    In this blog, we will compare Apollo Hospitals and Fortis Healthcare.

    Apollo Hospitals Enterprises Overview

    Apollo Hospitals is India’s largest private healthcare provider and a global leader in integrated healthcare services. Dr. Prathap C. Reddy founded it in 1983, and it has led India’s healthcare revolution. The group provides a comprehensive range of services through a network of 73 hospitals across India and abroad, Apollo Pharmacy chains, primary care and diagnostic clinics, remote healthcare consultations, etc.

    They introduced several groundbreaking medical procedures in India, such as coronary artery bypass surgery, organ transplantation, and telemedicine.

    Fortis Healthcare Overview

    Fortis Healthcare is one of the top healthcare services providers in India. It has many hospitals, clinics, and diagnostic centers in the country and abroad. The company is well-known for its wide range of medical services, advanced technology, and commitment to patient care. It was established in 1996 with the opening of the first Fortis Hospital in Mohali, Punjab. The acquisition of the healthcare division of the Escorts Group was a pivotal moment in Fortis’s growth. This move expanded its presence and strengthened its position in the healthcare market in India. The healthcare brand also has a presence in countries like UAE, Nepal, and Sri Lanka. Fortis offers various medical services like cardiology, oncology, orthopedics, neurosciences etc.

    Company’s Comparative Study

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Current Share PriceINR 6,771INR 546
    Market Capitalization (in INR Crores)97,40741,240
    52 Week High Price INR 6,927INR 563
    52-Week Low PriceINR 4,726INR 314
    FIIs Holdings (%)43.9223.31
    DIIs Holdings (%)21.3632.31
    Book Value per ShareINR 482INR 102
    PE Ratio (x)9464.2
    (Data as of 28 August 2024)

    Read Also: Apollo Hospitals Case Study : Business Model, Financial Statements, And SWOT Analysis

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Sales19,0596,892
    Total Income19,1656,931
    Total Expenditure17,3535,951
    Net Profit917635
    (The figures mentioned above are in INR crores unless stated otherwise)
    Apollo vs Fortis Balance Sheet Comparison

    Balance Sheet Comparison (FY 2024)

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Non-current Liabilities4,7681,562
    Current Liabilities4,6653,170
    Non-current Assets11,47311,868
    Current Assets5,2801,421
    Total Shareholder Funds6,9357,663
    (The figures mentioned above are in INR crores unless stated otherwise)
    Apollo vs Fortis Income Statement Comparison

    Cash Flow Statement Comparison (FY 2024)

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Cash Flow from Operating Activities1,9201,100
    Cash Flow from Investing Activities-1,537-886
    Cash Flow from Financing Activities-311-86
    (The figures mentioned above are in INR crores unless stated otherwise)
    Apollo vs Fortis Cash Flow Statement Comparison

    Key Performance Indicators

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Net Profit Margin (%)4.819.22
    ROE (%)12.957.81
    ROCE (%)14.979.52
    Current Ratio1.130.45
    Debt to Equity Ratio0.460.11
    (all the above data is of the year ended March 2024)

    Conclusion

    The comparison between Apollo Hospitals and Fortis Healthcare presented above leads us to conclude that while Apollo Hospitals has higher net profit, Fortis Healthcare posts higher net profit margins. Moreover, Apollo Hospitals has a higher ROE and ROCE metric than Fortis Healthcare. However, it is advised to speak with an investment expert before making investment decisions.

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    Frequently Asked Questions (FAQs)

    1. Who is the founder of Apollo Hospitals?

      Apollo Hospitals Enterprise Ltd. was established by Prathap C. Reddy in 1983.

    2. Where was the first Fortis Hospital established?

      The first Fortis Hospital was established in Mohali, Punjab.

    3. Who is the chairman of Apollo Hospitals?

      Prathap C. Reddy is the chairman of Apollo Hospitals.

    4. Which company is more profitable: Apollo Hospitals or Fortis Healthcare?

      Apollo Hospitals has a higher net profit of INR 917 crores compared to INR 635 crores for Fortis Healthcare for FY 2024.

    5. Which company has a larger market capitalization: Apollo Hospitals or Fortis Healthcare? 

      Apollo Hospitals has a larger market capitalization than Fortis Healthcare as of 28 August 2024.

  • Top 10 Most Expensive Stocks in India

    Top 10 Most Expensive Stocks in India

    Every new investor entering the market has two questions, one related to the cheapest stocks to invest in and the other one about which companies have the most expensive stock in India. Some companies in India have such a high market price that may surprise you. Interested in knowing about these companies? Read on.

    In this blog, we will discuss the top 10 most expensive stocks in India. 

    List of Top 10 Most Expensive Stocks in India

    The most expensive stocks in India are:

    S.No.Expensive Stocks
    1Elcid Investments ltd
    2MRF Ltd.
    3Honeywell Automation India Ltd.
    4Page Industries Ltd.
    53M India Ltd.
    6Bosch Ltd.
    7Abbott India Ltd.
    8Shree Cement Ltd.
    9Procter & Gamble Hygiene and Healthcare Ltd.
    10Lakshmi Machine Works Ltd.

    The top 10 most expensive stocks have been listed in descending order based on their share prices in the table below:

    CompanyCurrent Market Price (INR)Market Capitalization (In Crores)52-Week High52-Week Low
    Elcid Investments  ltd 1,21,8502,437 1,68,900 1,21,850
    MRF Ltd.1,43,18160,725 1,63,600 1,00,500
    Honeywell Automation India Ltd.33,57029,676 42,100 31,025
    Page Industries Ltd.34,40638,376 50,590 34,036
    3M India Ltd.34,89539,327 37,385 25,714
    Bosch Ltd.36,9351,08,934 41,945 25,922
    Abbott India Ltd.27,73858,942 37,000 25,260
    Shree Cement Ltd.27,8551,00,503 32,508 24,863
    Procter & Gamble Hygiene and Healthcare Ltd.12,25039,764 15,100 12,106
    Lakshmi Machine Works Ltd.14,83715,850 18,250 13,450
    (As of 16 January 2026)

    1-Year Returns of Top 10 Most Expensive Stocks in India

    The top 10 most expensive stocks in India have been listed in descending order based on their 1-year returns in the table below:

    Company1-Year Returns
    Elcid investments ltd -22.93%
    MRF Ltd.24.66%
    Honeywell Automation India Ltd.-16.84%
    Page Industries Ltd.-25.54%
    3M India Ltd.20.55%
    Bosch Ltd.16.42%
    Abbott India Ltd.0.07%
    Shree Cement Ltd.9.76%
    Procter & Gamble Hygiene and Healthcare Ltd.-15.83%
    Lakshmi Machine Works Ltd.-8.81%
    (As of 16 January 2026)

    Read Also: List of Top 10 Blue Chip Stocks in India with Price

    Overview of the Top 10 Most Expensive Stocks in India

    The overview of India’s top 10 most expensive stocks is mentioned below-

    1. Elcid Investments Ltd

     Elcid Investments is a holding company registered with the Reserve Bank of India (RBI) under the category of Investment Company. The company is promoted by the Vakil Family. Arvind Vakil, head of the family, was one of the 4 partners who started Asian Paints in 1942.It also has 2 wholly owned subsidiaries viz. Murahar Investments & Trading Co Ltd and Suptaswar Investments & Trading Co Ltd which holds 0.60% and 0.68% in Asian Paints respectively.It holds ~4.2% stake in the company which has a total value of ~9,996cr crores as on December 2022.

    2. MRF Ltd.

    K.M. Mammen Mappillai established the Madras Rubber Factory (MRF) in 1946. Before manufacturing tyres, the company began its journey as a toy balloon manufacturing unit. The company ventured into tread rubber manufacturing in 1952 and became a market leader in just four years. In 1961, the business partnered with USA’s Mansfield Tire & Rubber Company and opened its first manufacturing facility in Chennai. The company went public on the Indian Stock Exchange in 1961. The company manufactures a wide range of products, including tyres for two-wheelers, cars, trucks, and even airplanes. The company’s headquarters is in Chennai. 

    3. Honeywell Automation India Ltd.

    Honeywell Automation India Ltd. was established in 1984 as a joint venture between the Tata Group and Honeywell International. The business was initially known as Tata Process Control Pvt. Ltd. In 1988, the company was listed on the Indian stock exchange and was renamed Tata Honeywell Ltd. In 2004, the company was again renamed Honeywell Automation India Ltd. when Honeywell International Asia Pacific Inc. purchased the stake of the Tata Group. The company operates in many sectors, such as aerospace, energy, healthcare, IT, life sciences, utilities, etc., and provides automation and control systems for commercial, residential, and industrial use. The company’s headquarters is in Pune.

    4. Page Industries Ltd.

    Sunder Genomal and his family established the business in 1994. The business signed an exclusive agreement with Jockey International Incorporation for the manufacture, distribution, and sale of Jockey goods in India, Sri Lanka, Bangladesh, Nepal, UAE, Oman, and Qatar. In 2005, the company went public on the Indian Stock Exchange. The business has increased its product range by obtaining an exclusive license from Speedo International Ltd. to manufacture, market, and distribute its products in India. The company’s headquarters is in Bangalore. 

    5. 3M India Ltd.

    In 1987, 3M India Limited was established as a subsidiary of 3M Company, an American multinational corporation. The company provides specialist products for automotive, electrical, healthcare, and other sectors. The company was publicly listed in 1991. 3M India owns popular brands such as Scotch Brite, Nexcare, and Littman. With several production facilities dispersed throughout the nation, it efficiently meets the needs of both B2B and B2C markets. The organization’s headquarters is in Bangalore. 

    6. Bosch Ltd.

    The company was established in 1886 by Robert Bosch in Germany. By 1897, the company became a market leader in ignition systems and became a major supplier to the automotive industry. The company set up a sales office in India in 1922 and operated only through imports for the next 30 years. Motor Industries Company Limited was founded in 1951, and Bosch instantly bought 49% of its stock. Both fuel injectors and spark plugs were produced there. The business opened its first manufacturing facility in Bengaluru, and over time, it established R&D facilities in Pune, Hyderabad, and Coimbatore, as well as another manufacturing facility in Nashik. In 1993, the company was listed on the Indian Stock Exchange. In 2008, MICO was renamed as Bosch Limited. In 2014, the company launched an eye-care solution in India and has since developed equipment for affordable eye care. The company’s headquarters is in Bangalore. 

    7. Abbott India Ltd.

    Abbott India was established in 1910 and started operations as a marketing affiliate. It was founded as a subsidiary of Abbott Laboratories. The business provides more than 400 branded generic medicines in India, and its products are available at approximately 5,00,000 pharmacies nationwide. The company also provides diagnostic solutions, medical devices, and other nutritional products. The business purchased Piramal Healthcare Solutions in 2010 to strengthen its market position in the Indian pharmaceutical sector. The company’s headquarters is in Mumbai. 

    8. Shree Cement Ltd.

    Shree Cements Ltd. was established by Benu Gopal Bangur in 1979. The company’s first manufacturing facility was set up in Rajasthan. To meet the needs of the Indian infrastructure sector, the company increased its cement manufacturing capacity and is currently India’s third-largest cement producer. In 2012, the company established a thermal power plant with a capacity of 300 MegaWatt. The company acquired Union Cement in 2018 to further expand its manufacturing capacity. Its main office is in Kolkata. 

    9. Procter & Gamble Hygiene and Healthcare Ltd.

    The business was established in 1964 to manufacture and market Vicks range of products in India. The company was initially known as Richardson Hindustan Limited. The company began diversifying its product line in the 1980s and introduced Whisper and other feminine hygiene products. Ariel detergent was also launched in 1991 and is a well-known brand today. The organization’s headquarters is in Mumbai.

    10. Lakshmi Machine Works Ltd.

    Dr. G.K. Devarajulu established the business in 1962, and its primary business was manufacturing textile machinery. Subsequently, the business installed a state-of-the-art facility to generate superior castings for both domestic and international clients. In 2010, the company established an Advanced Technology Centre (ATC) to manufacture components for the aerospace and defense sector. The company’s headquarters is in Coimbatore.  

    Read Also: List Of Best Textile Stocks in India

    Key Performance Indicators

    CompanyNet Profit Margin (%)ROE (%)ROCE (%)P/E RatioP/B Ratio
    Elcid investments ltd 72.461.661.940.000.29
    MRF Ltd.6.6310.1113.770.002.58
    Honeywell Automation India Ltd.12.4912.9617.1756.887.33
    Page Industries Ltd.14.7751.8162.7865.3167.51
    3M India Ltd.10.7025.7839.7968.3665.53
    Bosch Ltd.11.1214.5819.5741.516.05
    Abbott India Ltd.22.0633.4142.0946.1515.43
    Shree Cement Ltd.5.825.216.6798.025.11
    Procter & Gamble Hygiene and Healthcare Ltd.18.8686.37102.6669.3559.92
    Lakshmi Machine Works Ltd.3.403.695.03166.436.15
     (All the above data is of the year ended March 2025) 

    Read Also: 10 Best Copper Stocks in India

    Conclusion

    In conclusion, the majority of India’s most expensive stocks have solid fundamentals. These firms’ stock prices are so high because the majority of them have not declared a stock split or bonus share. Because these equities typically have smaller volumes than other stocks, as an investor, make sure you speak with your investment advisor before investing in such a stock. 

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    Frequently Asked Questions (FAQs)

    1. Which is the most expensive Stock in India?

       Elcid Investments ltd  is the most expensive stock in India.

    2. What are the top 5 expensive stocks in India?

      Elcid Investments ,MRF, Honeywell Automation Limited, Page Industries Limited and 3M India Limited are the top 5 most expensive stocks in India. 

    3. What is the full form of MRF Limited?

      The full form of MRF is Madras Rubber Factory.

    4. Why is the stock price of MRF so expensive?

      The stock price of MRF is high because the corporation has never declared a stock split, and a bonus issue was declared way back in 1975.

    5. Is it safe to invest in expensive stocks?

      Because most expensive stocks have good fundamentals, including financial performance, they are regarded as secure investment options. However, because expensive stocks often have low liquidity, it is advisable to consult a financial advisor before investing.

  • Bank of Baroda Vs Canara Bank: Which is Better?

    Bank of Baroda Vs Canara Bank: Which is Better?

    Two well-known banks with a long history of innovation and tradition stand out in India’s banking landscape: Canara Bank and Bank of Baroda. These financial institutions have survived economic shifts, political challenges, and societal changes for a long time.

    Today’s blog explores the origins of these two banks, how they differ financially, and their rise to prominence.

    Bank of Baroda – An Overview

    The Bank of Baroda is a prominent Indian public sector bank with its headquarters in Vadodara, Gujarat. It is one of the largest banks in India and has a significant presence in both domestic and international markets. 

    BOB was established on 20 July 1908 in Baroda, with the support of Maharaja Sayajirao Gaekwad III of Baroda. It started its operations with INR 10 lakh and 28 staff members. In 1969, the Bank of Baroda underwent nationalization along with 13 other prominent banks in India, which was a crucial step by the government to exert control over the banking sector. 

    In 2018, the Bank of Baroda was merged with Vijaya Bank and Dena Bank, forming one of the largest public sector banks in India, with branches and subsidiaries spread across numerous countries, such as the UK, the US, the Middle East, and Africa.

    Canara Bank – An Overview

    Canara Bank is a major Indian public sector bank with its headquarters in Bangalore, Karnataka. The bank was founded in 1906 by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, making it one of India’s oldest banks. 

    It was initially established as a Canara Hindu Permanent Fund in Mangalore. In 1961, the bank acquired the Bank of Kerala and Seasia Midland Bank. Canara Bank was nationalized along with 13 other major banks in India as part of the government’s efforts to control the banking sector. 

    The bank has 13 subsidiaries or sponsored institutions in India and abroad. As of June 2024, Canara Bank services over 11.42 crore customers through a network of 9,627 branches and 12,256 ATMs/Recycler spread across all Indian states and Union Territories.

    Comparative Analysis

    ParticularBank of BarodaCanara Bank
    Current Share PriceINR 250INR 112
    Market Capitalisation (in INR crores)1,29,336 1,01,165
    52-Week HighINR 300INR 129 
    52-Week LowINR 188INR 65.5
    FII Holdings (%)11.4511.91
    DIIs Holdings (%)16.0311.19
    Book Value per ShareINR 231INR 102
    PE Ratio (x)6.796.48
    (As of 31 August 2024)

    Read Also: Bank of Baroda vs SBI

    Financial Statements Analysis

    Income Statement (FY 2024)

    ParticularBank of BarodaCanara Bank
    Interest Income1,18,3791,10,518
    Total Income1,41,7781,39,164
    Total Expenditure1,04,1741,09,454
    Net Profit18,47114,782
    (The figures mentioned are in INR crores unless stated otherwise)
    Bank of Baroda Vs Canara Bank Income Statement

    Balance Sheet (FY 2024)

    ParticularBank of BarodaCanara Bank
    Deposits13,51,80113,12,242
    Advances10,88,9839,31,786
    Investments4,07,1363,99,207
    Total Shareholder Funds1,18,67681,200
    (The figures mentioned are in INR crores unless stated otherwise)
    Bank of Baroda Vs Canara Bank Balance Sheet

    Cash Flow Statement (FY 2024)

    ParticularBank of BarodaCanara Bank
    Cash Flow from Operating Activities-6,27315,046
    Cash Flow from Investing Activities-1,285-1,748
    Cash Flow from Financing Activities5,475-3,834
    (The figures mentioned are in INR crores unless stated otherwise)
    Bank of Baroda Vs Canara Bank Cash Flow

    Read Also: Blinkit vs Zepto: Which is Better?

    Key Performance Indicators (KPIs)

    ParticularsBank of BarodaCanara Bank
    Net Interest Margin (%)2.922.50
    Net Profit Margin (%)15.5513.37
    ROE (%)15.6718.40
    ROCE (%)2.382.03
    CASA (%)38.5829.90
    (All the above data is of the year ended March 2024)

    Read Also: PNB vs Bank of Baroda

    Conclusion

    The Bank of Baroda and Canara Bank have a rich legacy and significant presence in the financial sector. Despite sharing similar characteristics, BOB and Canara Bank differ in terms of financial performance and range of services. Additionally, it is important to consider factors such as branch accessibility, digital banking capabilities, past financial performance, and the overall reputation of each bank before making an investment decision. However, it is advised to consult a financial advisor before investing.

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    Frequently Asked Questions (FAQs)

    1. What were the key changes experienced by banks after nationalization?

      The banks experienced rapid growth, expanded their branch networks, and diversified their services.

    2. Do the Bank of Baroda and Canara Bank have a digital presence?

      Both banks have strong digital banking platforms, offering internet banking, mobile banking, etc.

    3. Which bank is better for personal banking?

      An individual needs to select a bank based on his/her specific needs and preferences. Further, it is suggested that both banks be compared on every metric before making any decision.

    4. Has Canara Bank been involved in any mergers and acquisitions?

      In 1961, Canara Bank acquired the Bank of Kerala and Seasia Midland Bank and recently underwent a merger with the Syndicate Bank in 2020.

    5. Do the Bank of Baroda and Canara Bank have international operations?

      Both banks have a global presence as they have subsidiaries, offices, and branches in various countries.

  • Tata Steel vs. JSW Steel: A Comparative Analysis Of Two Steel Giants

    Tata Steel vs. JSW Steel: A Comparative Analysis Of Two Steel Giants

    The steel industry in India is a critical sector that powers the country’s infrastructure and manufacturing capabilities. There are multiple players in this sector, however, two of the biggest players in this industry are Tata Steel and JSW Steel.

    In this blog, we will compare these steel giants in detail, including their financial performance, key performance indicators, etc.

    Tata Steel Overview

    Tata Steel, a flagship company of the Tata Group, was established in 1907 and is one of the oldest steel companies in India. Headquartered in Mumbai, Tata Steel operates in over 26 countries and has a significant presence in Europe and Southeast Asia. The company is known for its integrated steel plants, cutting-edge technology, and sustainable practices.

    The Indian product portfolio of Tata Steel is divided into multiple segments – Automotive and Special Products, Industrial Products, Projects and Exports, Branded Products, Retail, etc. The Company supplies hot-rolled, cold-rolled, galvanised, branded solution offerings and more.

    As of March 2024, the company has an annual crude steel capacity of 35 million tonnes (MnTPA) and it is one of the world’s most geographically diversified steel producers. It is one of a few steel players that are fully integrated – from mining to the manufacturing and marketing of finished products. The company’s focus on innovation, quality, and sustainability has positioned it as a leader in the global steel market.

    Did You Know?
     In 1907, Tata Steel was established in India as Asia’s first integrated private steel company.

    JSW Steel Overview

    JSW Steel, is the flagship business of the diversified US$ 24 billion JSW Group. The group has a presence in various sectors including Steel, Energy, Infrastructure, Cement, Paints, Venture Capital, Sports, etc. The group also boasts a diverse workforce across India, USA, Europe, etc. and directly employs nearly 40,000 people.

    Coming to JSW Steel, it was founded in 1982 and has rapidly grown to become one of India’s leading steel manufacturers. It has a diverse range of steel products that serve industries such as automotive, infrastructure, and energy.

    The company’s strategic focus on expanding capacity and improving operational efficiencies has allowed it to scale its production to over 28 million tons per annum. Not only that, it has consistently led in research and innovation, maintaining a strategic collaboration with the global leaders such as JFE Steel of Japan.

    Comparative Study of Tata Steel and JSW Steel

    ParticularsTata SteelJSW Steel
    Current Price (CMP)INR 154INR 948
    Market Capitalization (in crores)INR 1,91,870INR 2,31,890
    52-Week High PriceINR 185INR 969
    52-Week Low PriceINR 114INR 723
    FIIs Holdings (June 24)19.68%25.52%
    DIIs Holdings (June 24)23.33%10.52%
    Book Value per ShareINR 74INR 318
    PE Ratio (x)11933.3
    (Data as of 28 August 2024)

    Read Also: Tata Steel Case Study: Business Model, Financial Statements, SWOT Analysis

    Financial Statements Comparison

    Let’s have a look at the financials of TATA Steel and JSW Steel.

    Profit and Loss Statement (FY 2024)

    ParticularsTata Steel (INR crore)JSW Steel (INR crore)
    Total Sales229,171175,006
    Expenses206,923146,849
    Profit Before Tax (PBT)(1,147)13,380
    Net Profit(4,910)8,973
    Tata Steel vs. JSW Steel Profit and Loss Statement

    Balance Sheet (FY 2024)

    ParticularsTata Steel (INR crore)JSW Steel (INR crore)
    Shareholders’ Fund92,03577,669
    Borrowings87,08287,984
    Other Liabilities90,19562,245
    Fixed Assets148,814112,461
    Investments6,2587,246
    Trade Receivables6,2647,548
    Cash & Cash Equivalents8,67812,348
    Tata Steel vs. JSW Steel Balance Sheet

    Cash Flow Statement (FY 2024)

    ParticularsTata Steel (INR crore)JSW Steel (INR crore)
    Cash from Operating Activity20,30112,078
    Cash from Investing Activity(14,253)(14,467)
    Cash from Financing Activity(11,097)(5,005)
    Tata Steel vs. JSW Steel Cash Flow Statement

    Key Performance Indicators (FY 2024)

    ParticularsTata SteelJSW Steel
    Operating Profit Margin10%16%
    ROE6.55%11.8%
    ROCE7.02%13.3%
    Earnings Per ShareINR (3.55)INR 36.03

    Read Also: All Share List of Tata Group

    Conclusion

    In summation, the comparison between Tata Steel and JSW Steel highlights the strengths and market positions of both companies in the Indian steel industry. While Tata Steel enjoys a legacy of over a century, JSW Steel’s aggressive growth strategies have made it a formidable competitor.

    Investors can find value in both companies based on their preferences and risk tolerance. It’s advisable to consult with a financial advisor before making any investment decision.

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    Frequently Asked Questions (FAQs)

    1. When was the Tata Steel founded?

      Tata Steel was founded in 1907.

    2. Which company has a larger market capitalization: Tata Steel or JSW Steel?

      As of August 2024, Tata Steel has a market capitalization of INR 1.92 lakh crore and JSW Steel has a market capitalization of INR 2.32 lakh crore.

    3. What are the main products offered by Tata Steel and JSW Steel?

      Tata Steel offers a wide range of products including flat and long steel products, automotive steel, and other specialty products. JSW Steel offers hot rolled coils, cold rolled coils, galvanised products, TMT bars, etc.

    4. Which company is more profitable: Tata Steel or JSW Steel?

      As of March 2024, Tata Steel reported a net loss of INR 4,910 crore, however, JSW steel reported a net profit of INR 8,973 crore.

    5. Which company has a stronger international presence?

      Tata Steel has a stronger international presence with significant operations in Europe and Southeast Asia, whereas JSW Steel is primarily focused on the Indian market and has some presence in the US and Europe.

  • Tata Power Vs Adani Power: Comparison Of Two Energy Giants

    Tata Power Vs Adani Power: Comparison Of Two Energy Giants

    Did you know that the energy sector plays a crucial role in supporting not just the India’s industrial growth but also the overall economy? If we put aside two PSUs, i.e., NTPC and Power Grid, two major players leading in this sector are Tata Power and Adani Power.

    In this blog, we will delve into a detailed comparison of these energy giants, their financial performance, and key performance indicators.

    Tata Power Overview

    Tata Power Limited, a flagship company of the Tata Group, was established in 1915 and has been a pioneer in the Indian power sector. It is headquartered in Mumbai and operates across the entire power value chain – generation, transmission, distribution, and renewable energy. It also offers next-generation solutions including solar rooftop and EV charging stations.

    As of August 2024, the company has a diversified portfolio of 14,707 MW, spanning across renewable and conventional energy generation. The company is known for its focus on clean and sustainable energy solutions, boasting one of the largest portfolios of renewable energy in India.

    Tata Power’s operations span across various segments including thermal power, hydroelectric power, solar power, and wind power. Further, Tata Power has also committed to achieve carbon neutrality before 2045.

    Did You Know?

    Tata Power established Mumbai’s electric vehicle charging stations. And it is now present in Delhi and Hyderabad as well.

    Adani Power Overview

    Adani Power Limited is a part of the diversified Adani Group. It was founded in 1996 and has rapidly grown to become one of the largest private sector power producers in India. The company operates in both thermal and renewable energy segments and is recognized for its large-scale power projects.

    As of August 2024, the company has a power generation capacity of 15,250 MW and has thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand.

    The company is known for its aggressive expansion strategies and its commitment to contributing to India’s energy security.

    Did You Know?

    Adani Power Limited is the largest private thermal power producer in India.

    Comparative Study of Tata Power and Adani Power

    ParticularsTata PowerAdani Power
    Current Price (CMP)INR 431INR 637
    Market Capitalization (in crores)INR 1,37,815INR 2,45,840
    52-Week High PriceINR 471INR 897
    52-Week Low PriceINR 231INR 289
    FIIs Holdings (June 24)9.50%14.73%
    DIIs Holdings (June 24)15.50%1.42%
    Book Value per ShareINR 101INR 112
    PE Ratio (x)37.515.4
    (Data as of 29 August 2024)

    Read Also: Adani Enterprises Case Study: Business Model And SWOT Analysis

    Financial Statements Comparison

    Let’s have a look at the financials of Tata Power and Adani Power.

    Income Statement (FY 2024)

    ParticularsTata Power (INR crore)Adani Power (INR crore)
    Total Sales61,44950,351
    Expenses50,71432,124
    Profit Before Tax (PBT)5,73220,792
    Net Profit4,28020,829
    (The figures mentioned above are in INR crores unless stated otherwise)
    Tata Power Vs Adani Power Income Statement

    Balance Sheet (FY 2024)

    ParticularsTata Power (INR crore)Adani Power (INR crore)
    Shareholders’ Fund32,35643,145
    Borrowings53,68934,616
    Other Liabilities53,01014,248
    Fixed Assets67,21063,016
    Investments16,316374
    Trade Receivables7,40211,677
    Cash & Cash Equivalents9,1527,212
    (The figures mentioned above are in INR crores unless stated otherwise)
    Tata Power Vs Adani Power Balance Sheet

    Cash Flow Statement (FY 2024)

    ParticularsTata Power (INR crore)Adani Power (INR crore)
    Cash from Operating Activity12,59614,170
    Cash from Investing Activity(9,027)3,481
    Cash from Financing Activity(4,497)(16,864)
    (The figures mentioned above are in INR crores unless stated otherwise)
    Tata Power Vs Adani Power Cash Flow Statement

    Key Performance Indicators (FY 2024)

    ParticularsTata PowerAdani Power
    Operating Profit Margin17%36%
    ROE11.30%57.10%
    ROCE11.10%32.20%
    Earnings Per ShareINR 11.57INR 54

    Read Also: Adani Penny Stock and List of Lowest-Priced Adani Shares

    Conclusion

    In summation, the comparison between Tata Power and Adani Power highlights the strengths and market positions of both companies in the Indian energy sector. While Tata Power enjoys a legacy of over a century with a strong focus on sustainability, Adani Power’s aggressive growth strategies have made it a formidable competitor in the industry.

    Investors can find value in both companies based on their preferences and risk tolerance. It’s advisable to consult with a financial advisor before making any investment decision.

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    Frequently Asked Questions (FAQs)

    1. When was Tata Power founded?

      Tata Power was founded in 1915 and is one of the oldest power companies in India.

    2. Which company has a larger market capitalization: Tata Power or Adani Power?

      As of August 2024, Adani Power has a larger market capitalization of INR 2.46 lakh crore, compared to Tata Power’s INR 1.38 lakh crore.

    3. What are the main areas of operation for Tata Power and Adani Power?

      Tata Power operates across the entire power value chain, including generation, transmission, distribution, and renewable energy. On the other hand, Adani Power primarily focuses on large-scale thermal power projects but also has a significant presence in renewable energy.

    4. Which company is more profitable: Tata Power or Adani Power?

      As of FY 2024, Tata Power reported a net profit of INR 4,280 crore, while Adani Power reported a net profit of INR 20,829 crore.

    5. What is Tata Power’s PE Ratio compared to Adani Power’s?

      As of August 2024, Tata Power’s PE Ratio is 37.5, while Adani Power’s PE Ratio is higher at 15.4.

  • Punjab National Bank vs State Bank of India

    Punjab National Bank vs State Bank of India

    You put in a lot of effort, earned money, and decided to invest it in a public sector bank. However, you aren’t sure which bank to choose—the State Bank of India or Punjab National Bank.

    In today’s blog post, we will compare the Punjab National Bank and the State Bank of India. 

    Punjab National Bank Overview

    Lala Lajpat Rai and Dyal Singh Majithia, leaders of the Swadeshi Movement, established the bank in Lahore, Pakistan, in 1894. The bank relocated its headquarters to New Delhi after India’s independence, and it was nationalized along with thirteen other banks later in 1969. It bought Nedungadi Bank in 2003 and merged with the United Bank of India and Oriental Bank of Commerce in 2020 to become India’s second-biggest public sector bank. The bank has 12,645 ATMs, 10,092 branches in India, and two international branches as of September 2023. The Punjab National Bank offers a wide range of services, including credit cards, insurance, mutual funds, fixed deposits, home loans, personal loans, etc. The company caters to the needs of MSMEs, retail investors, and big corporations.

    SBI Bank Overview

    SBI is India’s largest public sector bank and a titan of the nation’s banking sector, with the largest market share. SBI is a large financial institution with almost 200 years of history. Its main office is in Mumbai. SBI was established when the Bank of Calcutta, the first joint stock bank in British India, was established in 1806. Three separate presidential banks (the Bank of Bengal, the Bank of Bombay, and the Bank of Madras) arose throughout British India. In 1921, the three presidential banks merged to form the Imperial Bank of India. The Imperial Bank of India was nationalized by the Indian government in 1955 and was renamed the State Bank of India. Later, SBI bought several commercial and state-affiliated banks. To improve efficiency, the State Bank of India merged with its five affiliated banks—State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore in 2017. Rural communities now have access to banking services due to SBI. SBI currently has a robust distribution network with 65,627 ATMs and 22,405 branches.   

    Company’s Comparative Study

    ParticularPunjab National BankState Bank of India
    Current Share PriceINR 117INR 816
    Market Capitalization (In INR Crores)1,28,3557,27,891
    52-Week High PriceINR 143INR 912
    52-Week Low PriceINR 65.5INR 543
    FIIs Holdings (%)5.5111.15
    DIIs Holdings (%)10.7623.64
    Book Value Per ShareINR 100INR 465
    PE Ratio (x)10.99.99
    (Data as of 31 August 2024) 

    Read Also: PNB vs Bank of Baroda

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularPunjab National BankState Bank of India
    Interest Income1,09,0644,39,188
    Total Income1,22,3945,94,574
    Total Expenditure97,3434,95,543
    Net Profit8,32968,224
    (The figures mentioned are in INR crores unless stated otherwise)
    PNB vs SBI Income Statement

    Balance Sheet Comparison (FY 2024)

    ParticularPunjab National BankState Bank of India
    Borrowings72,5856,39,609
    Advances9,41,76237,84,272
    Total Assets15,98,63567,33,778
    Total Shareholder Funds99,8783,86,491
    (The figures mentioned are in INR crores unless stated otherwise)
    PNB vs SBI Balance Sheet

    Cash Flow Statement Comparison (FY 2024)

    ParticularPunjab National BankState Bank of India
    Cash Flow From Operating Activities-27,93921,632
    Cash Flow From Investing Activities-1,506-4,251
    Cash Flow From Financing Activities3,517-9,896
    (The figures mentioned are in INR crores unless stated otherwise)
    PNB vs SBI Cash Flow

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    Key Performance Indicators

    ParticularPunjab National BankState Bank of India
    Net Interest Margin (%)2.532.66
    Net Profit Margin (%)7.6315.51
    ROE (%)8.9217.31
    ROCE (%)1.601.63
    CASA (%)40.2239.92
    (All the above data is of the year ended March 2024)

    Read Also: SBI vs ICICI Bank

    Conclusion

    To sum up, the State Bank of India and Punjab National Bank are regarded as major players in the Indian banking sector. An investor can choose the ideal investment opportunity by being aware of the differences between the two. However, one should evaluate their risk tolerance and speak with an investment advisor before making any financial decisions.  

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    Frequently Asked Questions (FAQs)

    1. Which bank, the State Bank of India or Punjab National Bank, has a higher market capitalization?

      Compared to Punjab National Bank, the State Bank of India has a larger market capitalization. 

    2. Where is the headquarters of Punjab National Bank located?

      The headquarters of Punjab National Bank is located in New Delhi.

    3. Which bank, SBI or Punjab National Bank, is more profitable?

      In FY 2024, SBI reported a profit of 68,224 crores, whereas Punjab National Bank reported a profit of 8,329 crores. This shows that SBI is the more profitable of the two.

    4. How many branches does Punjab National Bank have?

      Punjab National Bank has 10,092 branches throughout the country.Q5. Who is the chairman of the

    5. State Bank of India?

      As of 31 August 2024, Mr. Challa Sreenivasulu Setty is the chairman of the State Bank of India. 

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