BAJEL vs BHEL: Stock Comparison
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
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | BAJEL | BHEL |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Heavy Electrical Equipment | Heavy Electrical Equipment |
Price
| Metric | BAJEL | BHEL |
|---|---|---|
| Live Price | ₹183.39 | ₹423 |
| Day Change | -2.17% | 0.37% |
| Volume | 66,806 | 26.39 L |
| 52-Week High | ₹226.69 | ₹446.5 |
| 52-Week Low | ₹135.1 | ₹213.8 |
| Distance from 52W High | -19.1% | -5.26% |
Valuation
| Metric | BAJEL | BHEL |
|---|---|---|
| Market Cap | ₹2,117 Cr | ₹1.47 L Cr |
| P/E Ratio | 98.12x | 60.3x |
| P/B Ratio | 2.9x | 5.61x |
| EPS | ₹1.89 | ₹6.98 |
| Book Value | ₹64.61 | ₹75.09 |
| Dividend Yield | 0.33% | 0.32% |
Growth
| Metric | BAJEL | BHEL |
|---|---|---|
| Revenue Growth (TTM YoY) | 25.7% | 36.9% |
| EPS Growth (TTM YoY) | 190.5% | 156.4% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 4.09% | -1.36% |
Profitability & Leverage
| Metric | BAJEL | BHEL |
|---|---|---|
| ROE | 2.71% | 6.12% |
| ROCE | 7.21% | 6.38% |
| Net Margin | 0.74% | 4.91% |
| Operating Margin | 3.48% | 8.39% |
| Debt to Equity | 0.47x | 0.31x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | BAJEL | BHEL |
|---|---|---|
| Promoter Holding | 62.53% | 58.17% |
| FII Holding | 0.53%▲ 0.02 pp | 9.51%▲ 2.28 pp |
| DII Holding | 9.2%▼ 0.37 pp | 22.44%▼ 1.54 pp |
| Public Holding | 27.74%▲ 0.35 pp | 9.88%▼ 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.
Related Comparisons
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.

