Shivagrico Implements Ltd Peer Comparison
SHIVAGR · Capital Goods · Current price ₹23.32
Peers tracked
11
Shivagrico Implements Ltd P/E
30.7x
Sector
Capital Goods
Shivagrico Implements Ltd vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| BHARAT FORGE LTD | ₹1,956 | 95.2x | 93,518 |
| AIA ENGINEERING LIMITED | ₹4,231.2 | 35.3x | 39,506 |
| PTC INDUSTRIES LIMITED | ₹23,830 | 258.1x | 35,778 |
| HAPPY FORGINGS LIMITED | ₹2,238.5 | 48.2x | 21,146 |
| CIE AUTOMOTIVE INDIA LTD | ₹385.35 | — | 14,622 |
| RAMKRISHNA FORGINGS LTD | ₹700.85 | 145.6x | 12,810 |
| KENNAMETAL INDIA LIMITED | ₹4,688.5 | 40.5x | 10,314 |
| BALU FORGE INDUSTRIES LTD | ₹574.1 | 22.0x | 6,960 |
| ELECTROSTEEL CASTINGS LTD | ₹83.71 | 30.0x | 5,174 |
| STEELCAST LIMITED | ₹328.05 | 35.0x | 3,326 |
| Shivagrico Implements Ltd | — | 27.4x | 13 |
Shivagrico Implements Ltd versus its peers
Shivagrico Implements Ltd operates in the Capital Goods space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 30.7x may be cheap in one industry and expensive in another.
More on Shivagrico Implements Ltd
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

