BEL vs MAXHEALTH: Stock Comparison

BHARAT ELECTRONICS vs MAX HEALTHCARE INSUpdated 9 Oct 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, while MAX HEALTHCARE INS shows 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 8; MAXHEALTH leads 5 of 13

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

BELMAXHEALTH

Valuation lens

What price are you paying?

Market CapContext only
₹2.69 L Cr
₹86,035 Cr
P/E RatioBEL has the lower reading
43.82x ✓
59.01x
P/B RatioMAXHEALTH has the lower reading
11.23x
8.01x ✓
EPSMAXHEALTH has the higher reading
₹1.43
₹3.32 ✓
Book ValueContext only
₹32.84
₹110.42
Dividend YieldBEL has the higher reading
0.68% ✓
0.23%

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

Key Differences

Market Cap
BEL is the larger company
₹2.69 L Cr vs ₹86,035 Cr
P/E Ratio
BEL has a lower P/E
43.82x vs 59.01x
P/B Ratio
MAXHEALTH has a lower P/B
8.01x vs 11.23x
EPS
MAXHEALTH has higher earnings per share
₹3.32 vs ₹1.43
Dividend Yield
BEL has a higher dividend yield
0.68% vs 0.23%
Revenue Growth (TTM YoY)
MAXHEALTH has faster revenue growth
12.2% vs 11.7%
EPS Growth (TTM YoY)
MAXHEALTH has faster EPS growth
7.3% vs 4.5%
Qtr Sales Growth
MAXHEALTH has stronger quarterly sales growth
10.42% vs -0.25%

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

Profile

MetricBELMAXHEALTH
SectorCapital GoodsHealthcare
IndustryAerospace & DefenseHospital

Price

MetricBELMAXHEALTH
Live Price₹368.15₹883.8
Day Change0.23%1.19%
Volume1.72 Cr53.77 L
52-Week High₹473.45₹1,221.9
52-Week Low₹366.2₹870
Distance from 52W High-22.24%-27.67%

Valuation

MetricBELMAXHEALTH
Market Cap₹2.69 L Cr₹86,035 Cr
P/E Ratio43.82x59.01x
P/B Ratio11.23x8.01x
EPS₹1.43₹3.32
Book Value₹32.84₹110.42
Dividend Yield0.68%0.23%

Growth

MetricBELMAXHEALTH
Revenue Growth (TTM YoY)11.7%12.2%
EPS Growth (TTM YoY)4.5%7.3%
Qtr Sales Growth-0.25%10.42%
Qtr Profit Growth-0.59%-5.63%

Profitability & Leverage

MetricBELMAXHEALTH
ROE25.25%13.42%
ROCE27.66%12.13%
Net Margin22.29%17.23%
Operating Margin29.19%22.82%
Debt to Equity0x0.32x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBELMAXHEALTH
Promoter Holding51.14%23.71%
FII Holding18.02%▼ 1.48 pp41.78%▼ 3.61 pp
DII Holding21.02%▲ 1.03 pp29.96%▲ 3.64 pp
Public Holding9.82%▲ 0.45 pp4.56%▼ 0.01 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 MAX HEALTHCARE INS.

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.