Swelect Energy vs Marine Electricals vs Permanent Magnets: Which Stock Should You Track
- October 6, 2026
- Posted by: Harsh Piplani
- Category: Market
Swelect Energy Systems PE 20.64, mkt cap Rs 910 crore. Marine Electricals India PE 101.77, mkt cap Rs 6,565 crore. Permanent Magnets PE 58.94, mkt cap Rs 731 crore.
Quick Answer
Swelect Energy Systems vs Marine Electricals India vs Permanent Magnets is a side-by-side comparison of three companies from the Electrical and Solar Products space. On this comparison, Swelect Energy Systems carries a market capitalisation of about Rs 910 crore against Rs 6,565 crore for Marine Electricals India and Rs 731 crore for Permanent Magnets, with return on equity of 5.99%, 11.84% and 9.38% respectively. Each company’s numbers are presented here without a declared better pick, since the right stock depends on an investor’s own criteria.
Swelect Energy Systems vs Marine Electricals India vs Permanent Magnets starts with the core numbers most investors compare within the Electrical and Solar Products segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.
All three names sit in the Electrical and Solar Products bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
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Swelect Energy Systems, Marine Electricals India and Permanent Magnets: Company Overview
Swelect Energy Systems is a listed Indian company in the Electrical and Solar Products space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Marine Electricals India is a listed Indian company in the Electrical and Solar Products space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Permanent Magnets is a listed Indian company in the Electrical and Solar Products space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Swelect Energy Systems vs Marine Electricals India vs Permanent Magnets: Valuation and Profitability Snapshot
| Metric | Swelect Energy Systems | Marine Electricals India | Permanent Magnets |
|---|---|---|---|
| Market Cap (approx.) | Rs 910 crore | Rs 6,565 crore | Rs 731 crore |
| PE Ratio (TTM) | 20.64 | 101.77 | 58.94 |
| PB Ratio | 0.99 | 13.41 | 4.65 |
| Return on Equity (ROE) | 5.99% | 11.84% | 9.38% |
| EPS (TTM, Rs) | 29.09 | 4.61 | 14.43 |
| Dividend Yield | 0.58% | 0.06% | 0.26% |
| Debt to Equity | 0.87 | 0.18 | 0.54 |
| Book Value per Share (Rs) | 605.24 | 34.98 | 183.01 |
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On valuation, Swelect Energy Systems trades at a PE of 20.64 and a PB of 0.99, Marine Electricals India at a PE of 101.77 and a PB of 13.41, while Permanent Magnets trades at a PE of 58.94 and a PB of 4.65. On return on equity, the three post 5.99%, 11.84% and 9.38% respectively, and on dividend yield they stand at 0.58%, 0.06% and 0.26%.
Swelect Energy Systems vs Marine Electricals India vs Permanent Magnets: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| Swelect Energy Systems | Rs 140.71 crore | Rs 7.65 crore | -25.5% | -32.9% |
| Marine Electricals India | Rs 263.46 crore | Rs 17.51 crore | +53.0% | -6.2% |
| Permanent Magnets | Rs 64.16 crore | Rs 3.80 crore | +17.1% | -6.5% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.
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What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three electrical and solar products names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
Swelect Energy Systems vs Marine Electricals India vs Permanent Magnets highlights how differently three companies in the same electrical and solar products segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Swelect Energy Systems vs Marine Electricals India vs Permanent Magnets
What is the market cap difference between Swelect Energy Systems, Marine Electricals India and Permanent Magnets?
Ans. As of September 2026, Swelect Energy Systems has a market cap of approximately Rs 910 crore, Marine Electricals India is at approximately Rs 6,565 crore, and Permanent Magnets is at approximately Rs 731 crore.
Which of the three has the highest PE ratio?
Ans. Among Swelect Energy Systems, Marine Electricals India and Permanent Magnets, the PE ratios stand at 20.64, 101.77 and 58.94 respectively as of September 2026.
Which of the three has the highest ROE?
Ans. Swelect Energy Systems, Marine Electricals India and Permanent Magnets post ROE of 5.99%, 11.84% and 9.38% respectively as of September 2026.
Which of these three stocks pays the highest dividend yield?
Ans. Swelect Energy Systems, Marine Electricals India and Permanent Magnets carry dividend yields of 0.58%, 0.06% and 0.26% respectively.
What is the debt to equity ratio for Swelect Energy Systems, Marine Electricals India and Permanent Magnets?
Ans. Swelect Energy Systems carries a debt to equity of 0.87, Marine Electricals India of 0.18, and Permanent Magnets of 0.54.
Which of the three trades at the highest price to book value?
Ans. Swelect Energy Systems, Marine Electricals India and Permanent Magnets trade at price to book ratios of 0.99, 13.41 and 4.65 respectively.
Is one of Swelect Energy Systems, Marine Electricals India or Permanent Magnets better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.
