BEL vs BHARTIARTL: Stock Comparison

Bharat Electronics Ltd vs Bharti Airtel LtdUpdated 13 August 2026, 4:08 PM ISTNSE & company filings

Bharti Airtel Ltd is the larger company by market capitalisation. Bharat Electronics Ltd shows a higher ROE, lower leverage and a higher ROCE, while Bharti Airtel Ltd shows a lower P/E, a higher dividend yield 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

BEL leads 6; BHARTIARTL leads 7 of 13

Not a rating
These companies operate in different sectors (Capital Goods vs Telecommunication). Valuation and leverage norms differ across sectors, so cross-sector ratio comparisons can mislead — compare each against its own sector peers too.

Interactive comparison

Compare the numbers that shape the decision

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

BELBHARTIARTL

Valuation lens

What price are you paying?

Market CapContext only
BEL
₹2.99 L Cr
BHARTIARTL
₹11.81 L Cr
P/E RatioBHARTIARTL has the lower reading
BEL
48.04x
BHARTIARTL
40.92x
P/B RatioBHARTIARTL has the lower reading
BEL
12.31x
BHARTIARTL
7.94x
EPSBHARTIARTL has the higher reading
BEL
₹8.4
BHARTIARTL
₹47.88
Book ValueContext only
BEL
₹32.82
BHARTIARTL
₹259.48
Dividend YieldBHARTIARTL has the higher reading
BEL
0.62%
BHARTIARTL
1.25%

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

Key Differences

Market Cap
BHARTIARTL is the larger company
₹11.81 L Cr vs ₹2.99 L Cr
P/E Ratio
BHARTIARTL has a lower P/E
40.92x vs 48.04x
P/B Ratio
BHARTIARTL has a lower P/B
7.94x vs 12.31x
EPS
BHARTIARTL has higher earnings per share
₹47.88 vs ₹8.4
Dividend Yield
BHARTIARTL has a higher dividend yield
1.25% vs 0.62%
Revenue Growth (TTM YoY)
BHARTIARTL has faster revenue growth
15.7% vs 11.7%
EPS Growth (TTM YoY)
BEL has faster EPS growth
4.5% vs -34%
Qtr Sales Growth
BHARTIARTL has stronger quarterly sales growth
15.7% vs 11.8%

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

Profile

MetricBELBHARTIARTL
SectorCapital GoodsTelecommunication
IndustryAerospace & DefenseTelecom - Cellular & Fixed line services

Price

MetricBELBHARTIARTL
Live Price₹410.5₹1,939.1
Day Change1.18%-0.3%
Volume1.38 Cr1.3 Cr
52-Week High₹473.45₹2,174.5
52-Week Low₹361.2₹1,740.5
Distance from 52W High-13.3%-10.83%

Valuation

MetricBELBHARTIARTL
Market Cap₹2.99 L Cr₹11.81 L Cr
P/E Ratio48.04x40.92x
P/B Ratio12.31x7.94x
EPS₹8.4₹47.88
Book Value₹32.82₹259.48
Dividend Yield0.62%1.25%

Growth

MetricBELBHARTIARTL
Revenue Growth (TTM YoY)11.7%15.7%
EPS Growth (TTM YoY)4.5%-34%
Qtr Sales Growth11.8%15.7%
Qtr Profit Growth4.62%-16.5%

Profitability & Leverage

MetricBELBHARTIARTL
ROE27.6%20.3%
ROCE36.5%17.6%
Net Margin22.29%14.96%
Operating Margin29.2%55.2%
Debt to Equity0x1.31x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBELBHARTIARTL
Promoter Holding51.14%40.47%
FII Holding18.02% 1.48 pp27.12% 0.68 pp
DII Holding21.02% 1.03 pp21.26% 0.61 pp
Public Holding9.82% 0.45 pp2.71% 0.07 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 Electronics Ltd and Bharti Airtel Ltd.

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.