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BEL vs MARUTI: Stock Comparison

BHARAT ELECTRONICS vs MARUTI SUZUKI INDIAUpdated 23 Oct 26, 4:08 PM ISTNSE & company filings

MARUTI SUZUKI INDIA is the larger company by market capitalisation. BHARAT ELECTRONICS shows a higher ROE, a higher ROCE and a higher net margin, while MARUTI SUZUKI INDIA 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 5; MARUTI leads 5 of 13

Not a rating
These companies operate in different sectors (Capital Goods vs Automobile and Auto Components). 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.

BELMARUTI

Valuation lens

What price are you paying?

Market CapContext only
₹2.63 L Cr
₹3.54 L Cr
P/E RatioMARUTI has the lower reading
42.82x
24.7x ✓
P/B RatioMARUTI has the lower reading
10.97x
3.3x ✓
EPSMARUTI has the higher reading
₹1.44
₹109.63 ✓
Book ValueContext only
₹32.84
₹3,408.25
Dividend YieldMARUTI has the higher reading
0.69%
1.24% ✓

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

Key Differences

Market Cap
MARUTI is the larger company
₹3.54 L Cr vs ₹2.63 L Cr
P/E Ratio
MARUTI has a lower P/E
24.7x vs 42.82x
P/B Ratio
MARUTI has a lower P/B
3.3x vs 10.97x
EPS
MARUTI has higher earnings per share
₹109.63 vs ₹1.44
Dividend Yield
MARUTI has a higher dividend yield
1.24% vs 0.69%
Revenue Growth (TTM YoY)
MARUTI has faster revenue growth
28.2% vs 11.7%
EPS Growth (TTM YoY)
BEL has faster EPS growth
4.5% vs -6.4%
ROE
BEL has a higher ROE
25.25% vs 13.7%

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

Profile

MetricBELMARUTI
SectorCapital GoodsAutomobile and Auto Components
IndustryAerospace & DefensePassenger Cars & Utility Vehicles

Price

MetricBELMARUTI
Live Price₹362₹11,230
Day Change-0.69%0.54%
Volume91.79 L3.33 L
52-Week High₹473.45₹17,370
52-Week Low₹360.5₹10,985
Distance from 52W High-23.54%-35.35%

Valuation

MetricBELMARUTI
Market Cap₹2.63 L Cr₹3.54 L Cr
P/E Ratio42.82x24.7x
P/B Ratio10.97x3.3x
EPS₹1.44₹109.63
Book Value₹32.84₹3,408.25
Dividend Yield0.69%1.24%

Growth

MetricBELMARUTI
Revenue Growth (TTM YoY)11.7%28.2%
EPS Growth (TTM YoY)4.5%-6.4%
Qtr Sales Growth0%0%
Qtr Profit Growth0%0%

Profitability & Leverage

MetricBELMARUTI
ROE25.25%13.7%
ROCE27.66%13.61%
Net Margin22.29%8.66%
Operating Margin29.19%10.4%
Debt to Equity0x0x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricBELMARUTI
Promoter Holding51.14%0%
FII Holding16.98%▼ 1.04 pp12.42%▼ 0.4 pp
DII Holding21.88%▲ 0.86 pp25.41%▲ 0.23 pp
Public Holding10%▲ 0.18 pp3.44%▲ 0.09 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 MARUTI SUZUKI INDIA.

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.