BDL vs BEL: Stock Comparison

BHARAT DYNAMICS vs BHARAT ELECTRONICSUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

BHARAT ELECTRONICS is the larger company by market capitalisation. BHARAT ELECTRONICS shows a lower P/E, a higher ROE and a higher dividend yield. 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

BDL leads 2; BEL leads 10 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.

BDLBEL

Valuation lens

What price are you paying?

Market CapContext only
₹43,639 Cr
₹2.96 L Cr
P/E RatioBEL has the lower reading
83.78x
48.22x
P/B RatioBDL has the lower reading
10.29x
12.36x
EPSBDL has the higher reading
₹3.24
₹1.43
Book ValueContext only
₹115.7
₹32.84
Dividend YieldBEL has the higher reading
0.43%
0.62%

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

Key Differences

Market Cap
BEL is the larger company
₹2.96 L Cr vs ₹43,639 Cr
P/E Ratio
BEL has a lower P/E
48.22x vs 83.78x
P/B Ratio
BDL has a lower P/B
10.29x vs 12.36x
EPS
BDL has higher earnings per share
₹3.24 vs ₹1.43
Dividend Yield
BEL has a higher dividend yield
0.62% vs 0.43%
Revenue Growth (TTM YoY)
BEL has faster revenue growth
11.7% vs -73%
EPS Growth (TTM YoY)
BEL has faster EPS growth
4.5% vs -58.4%
Qtr Sales Growth
BEL has stronger quarterly sales growth
-0.25% vs -76.56%

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

Profile

MetricBDLBEL
SectorCapital GoodsCapital Goods
IndustryAerospace & DefenseAerospace & Defense

Price

MetricBDLBEL
Live Price₹1,190₹404.35
Day Change-0.42%-0.16%
Volume9.75 L78.06 L
52-Week High₹1,654₹473.45
52-Week Low₹1,086₹380.45
Distance from 52W High-28.05%-14.59%

Valuation

MetricBDLBEL
Market Cap₹43,639 Cr₹2.96 L Cr
P/E Ratio83.78x48.22x
P/B Ratio10.29x12.36x
EPS₹3.24₹1.43
Book Value₹115.7₹32.84
Dividend Yield0.43%0.62%

Growth

MetricBDLBEL
Revenue Growth (TTM YoY)-73%11.7%
EPS Growth (TTM YoY)-58.4%4.5%
Qtr Sales Growth-76.56%-0.25%
Qtr Profit Growth-71.74%-0.59%

Profitability & Leverage

MetricBDLBEL
ROE9.91%25.52%
ROCE12.52%28.04%
Net Margin17.4%22.29%
Operating Margin23.39%29.41%
Debt to Equity0x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBDLBEL
Promoter Holding74.93%51.14%
FII Holding1.69% 0.33 pp18.02% 1.48 pp
DII Holding11.53% 0.56 pp21.02% 1.03 pp
Public Holding11.85% 0.24 pp9.82% 0.45 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: BHARAT DYNAMICS and BHARAT ELECTRONICS.

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.