BEL vs INDIGO: Stock Comparison

Bharat Electronics Ltd vs Interglobe Aviation LtdUpdated 26 Aug 26, 12:23 PM ISTNSE & company filings

Bharat Electronics Ltd is the larger company by market capitalisation. Bharat Electronics Ltd shows a higher ROE, a higher dividend yield and faster revenue growth, while Interglobe Aviation Ltd shows a lower P/E. 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 12; INDIGO leads 1 of 13

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

BELINDIGO

Valuation lens

What price are you paying?

Market CapContext only
₹2.99 L Cr
₹2.03 L Cr
P/E RatioINDIGO has the lower reading
48.88x
-41.99x
P/B RatioBEL has the lower reading
12.52x
28.95x
EPSBEL has the higher reading
₹8.38
₹-124.26
Book ValueContext only
₹32.82
₹180.31
Dividend YieldBEL has the higher reading
0.61%
0.24%

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

Key Differences

Market Cap
BEL is the larger company
₹2.99 L Cr vs ₹2.03 L Cr
P/E Ratio
INDIGO has a lower P/E
-41.99x vs 48.88x
P/B Ratio
BEL has a lower P/B
12.52x vs 28.95x
EPS
BEL has higher earnings per share
₹8.38 vs ₹-124.26
Dividend Yield
BEL has a higher dividend yield
0.61% vs 0.24%
Revenue Growth (TTM YoY)
BEL has faster revenue growth
11.7% vs 6.2%
EPS Growth (TTM YoY)
BEL has faster EPS growth
4.5% vs -77.6%
Qtr Sales Growth
BEL has stronger quarterly sales growth
11.8% vs 1.29%

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

Profile

MetricBELINDIGO
SectorCapital GoodsServices
IndustryAerospace & DefenseAirline

Price

MetricBELINDIGO
Live Price₹409.05₹5,255.5
Day Change-1.02%0.72%
Volume39.5 L3.62 L
52-Week High₹473.45₹6,101.5
52-Week Low₹361.2₹3,895.2
Distance from 52W High-13.6%-13.87%

Valuation

MetricBELINDIGO
Market Cap₹2.99 L Cr₹2.03 L Cr
P/E Ratio48.88x-41.99x
P/B Ratio12.52x28.95x
EPS₹8.38₹-124.26
Book Value₹32.82₹180.31
Dividend Yield0.61%0.24%

Growth

MetricBELINDIGO
Revenue Growth (TTM YoY)11.7%6.2%
EPS Growth (TTM YoY)4.5%-77.6%
Qtr Sales Growth11.8%1.29%
Qtr Profit Growth4.62%-175%

Profitability & Leverage

MetricBELINDIGO
ROE27.6%-12.2%
ROCE36.5%7.12%
Net Margin22.29%3.68%
Operating Margin29.2%14.1%
Debt to Equity0x11.2x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBELINDIGO
Promoter Holding51.14%35.72%
FII Holding18.02% 1.48 pp20.32% 1.32 pp
DII Holding21.02% 1.03 pp31.89% 0.71 pp
Public Holding9.82% 0.45 pp6.22% 0.62 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 Interglobe Aviation 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.