# HDL vs RSML

[HDL](https://nepse.link/stocks/HDL) (Himalayan Distillery Limited) and [RSML](https://nepse.link/stocks/RSML) (Reliance Spinning Mills Limited) are two of the most traded Manufacturing And Processing stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q4 FY 082/083.

HDL and RSML come out even: each is ahead on 2 of the 4 measures below. RSML is the bigger company by market value (Rs 5,071.10 crore), 1.1 times HDL (Rs 4,790.82 crore).

## Which is ahead on each measure

- HDL is cheaper on P/E (39.7 against 42.4 for RSML).
- RSML is cheaper on price to book (5.5 against 9.2 for HDL).
- RSML declared the bigger latest dividend (30.00% for 082/083).
- HDL earns more on its equity (ROE 23.13% against 13.11%).

## HDL and RSML side by side

| Measure | HDL | RSML |
| --- | --- | --- |
| Last close | Rs 1,299.00 | Rs 2,669.00 |
| Change, 1 month | +3.00% | -0.63% |
| Change, 1 year | +9.53% | – |
| EPS | Rs 32.71 | Rs 62.97 |
| P/E | 39.7 | 42.4 |
| Book value per share | Rs 141.43 | Rs 489.53 |
| Price to book | 9.18 | 5.45 |
| ROE | 23.13% | 13.11% |
| Net profit growth, same quarter last year | +26.6% | – |
| Latest dividend | 25.00% (081/082) | 30.00% (082/083) |
| Market value | Rs 4,790.82 crore | Rs 5,071.10 crore |
| Average daily turnover, 30 days | Rs 9.56 crore | Rs 10.63 crore |

## Do they move together?

Over the last year their daily returns had a correlation of -0.06 (1 means they move in step, 0 means unrelated). That is low: their prices mostly move independently.

## More Manufacturing And Processing comparisons

- [GCIL vs HDL](https://nepse.link/stocks/compare/GCIL-vs-HDL)
- [GCIL vs RSML](https://nepse.link/stocks/compare/GCIL-vs-RSML)
- [HDL vs SHIVM](https://nepse.link/stocks/compare/HDL-vs-SHIVM)
- [HDL vs SONA](https://nepse.link/stocks/compare/HDL-vs-SONA)
- [RSML vs SHIVM](https://nepse.link/stocks/compare/RSML-vs-SHIVM)
- [RSML vs SONA](https://nepse.link/stocks/compare/RSML-vs-SONA)
- [Every Manufacturing And Processing stock](https://nepse.link/stocks/sector/manufacturing-and-processing)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.