Is Krishna Defence and Allied Industries the Best Stock in Its Sector? A Look at the Numbers

Krishna Defence and Allied Industries CMP Rs 1,040 (30 Sep 2026). Market cap Rs 1,514 Cr. ROE 21.35%. P/E 34.99x versus Industry P/E 47.85x.

Updated: 30 Sept 2026 • 3:21 pm

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Is Krishna Defence and Allied Industries the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

Krishna Defence and Allied Industries is one of the names investors compare when screening the Capital Goods sector, built on a 21.35% return on equity and a P/E of 34.99x against an Industry P/E of 47.85x. Whether Krishna Defence and Allied Industries is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Capital Goods sector peers, so you can judge that for yourself.

Is Krishna Defence and Allied Industries the best stock in its sector? The stock trades on the NSE at Rs 1,040 as of 30 September 2026, within its 52-week range of Rs 665.00 to Rs 1,400.00. Krishna Defence & Allied Industries Ltd manufactures defence application products, dairy equipment and kitchen equipment.

Krishna Defence and Allied Industries sits in the Capital Goods sector, and its 21.35% ROE and 34.99x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector's Industry P/E benchmark.

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Table of Contents

About Krishna Defence and Allied Industries

Krishna Defence & Allied Industries Ltd manufactures defence application products, dairy equipment and kitchen equipment. The stock rose over 2 percent during this session but has pulled back from its 52-week high. At a market capitalisation of Rs 1,514 Cr, it is tracked as part of the Capital Goods sector on Univest.

Is Krishna Defence and Allied Industries the Best Stock in Its Sector?

Krishna Defence and Allied Industries makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 21.35% ROE with a 34.99x P/E against the sector's 47.85x Industry P/E. Krishna Defence and Allied Industries' 34.99x P/E is below the 47.85x Industry P/E despite a 21.35% ROE, though the stock has pulled back from its 52-week high after a strong run.

Metric	Krishna Defence and Allied Industries
CMP (NSE)	Rs 1,040.40
52-Week High / Low	Rs 1,400.00 / Rs 665.00
Market Cap	Rs 1,514 Cr
P/E (TTM) vs Industry P/E	34.99x vs 47.85x
P/B	7.82
ROE	21.35%
EPS (TTM)	Rs 28.95
Dividend Yield	0.12%
Debt to Equity	0.01

Compare Krishna Defence and Allied Industries Against Other Capital Goods Sector Stocks

How Krishna Defence and Allied Industries Compares Against Its Capital Goods Sector Peers

The table below sets Krishna Defence and Allied Industries against 2 other Capital Goods sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Krishna Defence and Allied Industries	1,514	34.99	21.35%	0.01
Kernex Microsystems India	2,932	15.38	35.60%	0.65
HBL Engineering	22,349	28.64	36.80%	0.03
Peer average (2 companies)	-	22.01	36.20%	0.34

Against this peer set, Krishna Defence and Allied Industries's 21.35% ROE is below the 36.20% peer average, and its P/E of 34.99x runs above the peer average of 22.01x. Krishna Defence and Allied Industries' 34.99x P/E is below the 47.85x Industry P/E despite a 21.35% ROE, though the stock has pulled back from its 52-week high after a strong run.

What Makes Krishna Defence and Allied Industries Worth Watching in Capital Goods

Well below Industry P/E: A 34.99x P/E against a 47.85x Industry P/E is a discount for a business with a strong 21.35% ROE.
Strong ROE, near debt free: A 21.35% ROE alongside a debt to equity ratio of 0.01 reflects an efficient, well-capitalised business.
Diversified defence and dairy manufacturing: Manufacturing defence application products alongside dairy and kitchen equipment gives Krishna Defence and Allied Industries a diversified customer base beyond pure defence contracts.

Krishna Defence and Allied Industries Valuation: Is It Justified?

Krishna Defence and Allied Industries' 34.99x P/E is below the 47.85x Industry P/E despite a 21.35% ROE, though the stock has pulled back from its 52-week high after a strong run. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is KRBL the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Krishna Defence and Allied Industries and other Capital Goods sector stocks.

How to Track Krishna Defence and Allied Industries Before You Invest

Before deciding whether Krishna Defence and Allied Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Capital Goods sector peers using the steps below.

Open the Univest Screener and search for Krishna Defence and Allied Industries to view live price, valuation ratios, and peer comparisons within the Capital Goods sector.
Compare its P/E, P/B, and ROE against other Capital Goods sector stocks before deciding if the current valuation fits your strategy.
Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Krishna Defence and Allied Industries earns a place in the best stock in its sector conversation on the strength of a 21.35% ROE and a P/E of 34.99x against a 47.85x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. 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).

Is Krishna Defence and Allied Industries the best stock in its sector?

Ans. Krishna Defence and Allied Industries has a 21.35% ROE and trades at 34.99x P/E against a 47.85x Industry P/E, and compares below the peer average ROE of 36.20% in this article's named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Krishna Defence and Allied Industries?

Ans. Krishna Defence and Allied Industries was trading at Rs 1,040.40 on the NSE as of 30 September 2026, within its 52-week range of Rs 665.00 to Rs 1,400.00.

What sector does Krishna Defence and Allied Industries belong to?

Ans. Krishna Defence and Allied Industries is classified under the Capital Goods sector on Univest.

How does Krishna Defence and Allied Industries compare to its sector peers on P/E?

Ans. Krishna Defence and Allied Industries's P/E of 34.99x is above the 22.01x average of the 2 named peers compared in this article.

What is Krishna Defence and Allied Industries's return on equity?

Ans. Krishna Defence and Allied Industries reported a return on equity of 21.35%, which is below the 36.20% average of its named peers in this comparison.

Should I invest in Krishna Defence and Allied Industries based on its sector position?

Ans. Krishna Defence and Allied Industries's sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.

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