BEL vs MAXHEALTH: Stock Comparison
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
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | BEL | MAXHEALTH |
|---|---|---|
| Sector | Capital Goods | Healthcare |
| Industry | Aerospace & Defense | Hospital |
Price
| Metric | BEL | MAXHEALTH |
|---|---|---|
| Live Price | ₹368.15 | ₹883.8 |
| Day Change | 0.23% | 1.19% |
| Volume | 1.72 Cr | 53.77 L |
| 52-Week High | ₹473.45 | ₹1,221.9 |
| 52-Week Low | ₹366.2 | ₹870 |
| Distance from 52W High | -22.24% | -27.67% |
Valuation
| Metric | BEL | MAXHEALTH |
|---|---|---|
| Market Cap | ₹2.69 L Cr | ₹86,035 Cr |
| P/E Ratio | 43.82x | 59.01x |
| P/B Ratio | 11.23x | 8.01x |
| EPS | ₹1.43 | ₹3.32 |
| Book Value | ₹32.84 | ₹110.42 |
| Dividend Yield | 0.68% | 0.23% |
Growth
| Metric | BEL | MAXHEALTH |
|---|---|---|
| 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
| Metric | BEL | MAXHEALTH |
|---|---|---|
| ROE | 25.25% | 13.42% |
| ROCE | 27.66% | 12.13% |
| Net Margin | 22.29% | 17.23% |
| Operating Margin | 29.19% | 22.82% |
| Debt to Equity | 0x | 0.32x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | BEL | MAXHEALTH |
|---|---|---|
| Promoter Holding | 51.14% | 23.71% |
| FII Holding | 18.02%▼ 1.48 pp | 41.78%▼ 3.61 pp |
| DII Holding | 21.02%▲ 1.03 pp | 29.96%▲ 3.64 pp |
| Public Holding | 9.82%▲ 0.45 pp | 4.56%▼ 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.
Related Comparisons
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.

