BEL vs HCLTECH: Stock Comparison

BHARAT ELECTRONICS vs HCL TECHNOLOGIESUpdated 6 Oct 26, 4:08 PM ISTNSE & company filings

HCL TECHNOLOGIES is the larger company by market capitalisation. BHARAT ELECTRONICS shows faster revenue growth and a higher net margin, while HCL TECHNOLOGIES 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

BEL leads 5; HCLTECH leads 7 of 13

Not a rating
These companies operate in different sectors (Capital Goods vs Information Technology). 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.

BELHCLTECH

Valuation lens

What price are you paying?

Market CapContext only
₹2.83 L Cr
₹3.26 L Cr
P/E RatioHCLTECH has the lower reading
46.06x
18.72x ✓
P/B RatioHCLTECH has the lower reading
11.8x
4.34x ✓
EPSHCLTECH has the higher reading
₹1.44
₹62.15 ✓
Book ValueContext only
₹32.84
₹272.78
Dividend YieldHCLTECH has the higher reading
0.65%
4.83% ✓

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

Key Differences

Market Cap
HCLTECH is the larger company
₹3.26 L Cr vs ₹2.83 L Cr
P/E Ratio
HCLTECH has a lower P/E
18.72x vs 46.06x
P/B Ratio
HCLTECH has a lower P/B
4.34x vs 11.8x
EPS
HCLTECH has higher earnings per share
₹62.15 vs ₹1.44
Dividend Yield
HCLTECH has a higher dividend yield
4.83% vs 0.65%
Revenue Growth (TTM YoY)
BEL has faster revenue growth
11.7% vs 5.3%
EPS Growth (TTM YoY)
BEL has faster EPS growth
4.5% vs -0.2%
Qtr Sales Growth
BEL has stronger quarterly sales growth
0.25% vs -58.54%

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

Profile

MetricBELHCLTECH
SectorCapital GoodsInformation Technology
IndustryAerospace & DefenseComputers - Software & Consulting

Price

MetricBELHCLTECH
Live Price₹387.4₹1,204.4
Day Change0.66%0.21%
Volume1 Cr20.02 L
52-Week High₹473.45₹1,780.1
52-Week Low₹377₹1,030
Distance from 52W High-18.18%-32.34%

Valuation

MetricBELHCLTECH
Market Cap₹2.83 L Cr₹3.26 L Cr
P/E Ratio46.06x18.72x
P/B Ratio11.8x4.34x
EPS₹1.44₹62.15
Book Value₹32.84₹272.78
Dividend Yield0.65%4.83%

Growth

MetricBELHCLTECH
Revenue Growth (TTM YoY)11.7%5.3%
EPS Growth (TTM YoY)4.5%-0.2%
Qtr Sales Growth0.25%-58.54%
Qtr Profit Growth0.59%51.86%

Profitability & Leverage

MetricBELHCLTECH
ROE25.25%29.45%
ROCE27.25%40.57%
Net Margin22.29%12.8%
Operating Margin29.19%18.66%
Debt to Equity0x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBELHCLTECH
Promoter Holding51.14%44.42%▲ 0.02 pp
FII Holding18.02%▼ 1.48 pp14.9%▼ 0.61 pp
DII Holding21.02%▲ 1.03 pp18.78%▼ 0.21 pp
Public Holding9.82%▲ 0.45 pp5.15%▲ 0.79 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 and HCL TECHNOLOGIES.

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.