The TVS Raider 125 has a more powerful engine with a bigger displacement of 124.79cc compared to the Honda SP 125's 124.9cc engine. The Raider also has a better fuel efficiency at 60km/l compared to the SP's 57 km/l. The Raider is also lighter in weight at 126 kgs compared to the SP's 130 kgs. In terms of features, the Raider offers a more stylish design, a digital speedometer, and a 7-step adjustable rear mono-shock suspension. The Honda SP 125 offers a more comfortable ride due to its telescopic front suspension. Overall, both bikes offer great value for money and it's up to you to decide which one is better for you.