BAJEL vs BHEL: Stock Comparison

BAJEL PROJECTS vs BHELUpdated 8 Sept 26, 1:23 PM ISTNSE & company filings

BHEL is the larger company by market capitalisation. BAJEL PROJECTS shows a higher dividend yield and a higher ROCE, while BHEL shows a lower P/E, a higher ROE and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

BAJEL leads 5; BHEL leads 7 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

BAJELBHEL

Valuation lens

What price are you paying?

Market CapContext only
₹2,117 Cr
₹1.47 L Cr
P/E RatioBHEL has the lower reading
98.12x
60.3x
P/B RatioBAJEL has the lower reading
2.9x
5.61x
EPSBHEL has the higher reading
₹1.89
₹6.98
Book ValueContext only
₹64.61
₹75.09
Dividend YieldBAJEL has the higher reading
0.33%
0.32%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
BHEL is the larger company
₹1.47 L Cr vs ₹2,117 Cr
P/E Ratio
BHEL has a lower P/E
60.3x vs 98.12x
P/B Ratio
BAJEL has a lower P/B
2.9x vs 5.61x
EPS
BHEL has higher earnings per share
₹6.98 vs ₹1.89
Dividend Yield
BAJEL has a higher dividend yield
0.33% vs 0.32%
Revenue Growth (TTM YoY)
BHEL has faster revenue growth
36.9% vs 25.7%
EPS Growth (TTM YoY)
BAJEL has faster EPS growth
190.5% vs 156.4%
Qtr Profit Growth
BAJEL has stronger quarterly profit growth
4.09% vs -1.36%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricBAJELBHEL
SectorCapital GoodsCapital Goods
IndustryHeavy Electrical EquipmentHeavy Electrical Equipment

Price

MetricBAJELBHEL
Live Price₹183.39₹423
Day Change-2.17%0.37%
Volume66,80626.39 L
52-Week High₹226.69₹446.5
52-Week Low₹135.1₹213.8
Distance from 52W High-19.1%-5.26%

Valuation

MetricBAJELBHEL
Market Cap₹2,117 Cr₹1.47 L Cr
P/E Ratio98.12x60.3x
P/B Ratio2.9x5.61x
EPS₹1.89₹6.98
Book Value₹64.61₹75.09
Dividend Yield0.33%0.32%

Growth

MetricBAJELBHEL
Revenue Growth (TTM YoY)25.7%36.9%
EPS Growth (TTM YoY)190.5%156.4%
Qtr Sales Growth0%0%
Qtr Profit Growth4.09%-1.36%

Profitability & Leverage

MetricBAJELBHEL
ROE2.71%6.12%
ROCE7.21%6.38%
Net Margin0.74%4.91%
Operating Margin3.48%8.39%
Debt to Equity0.47x0.31x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBAJELBHEL
Promoter Holding62.53%58.17%
FII Holding0.53% 0.02 pp9.51% 2.28 pp
DII Holding9.2% 0.37 pp22.44% 1.54 pp
Public Holding27.74% 0.35 pp9.88% 0.74 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: BAJEL PROJECTS and BHEL.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.