BEL vs NTPC: Stock Comparison
NTPC is the larger company by market capitalisation. BHARAT ELECTRONICS shows a higher ROE, faster revenue growth and lower leverage, while NTPC shows a lower P/E 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 8; NTPC leads 5 of 13
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Valuation lens
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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 | NTPC |
|---|---|---|
| Sector | Capital Goods | Power |
| Industry | Aerospace & Defense | Power Generation |
Price
| Metric | BEL | NTPC |
|---|---|---|
| Live Price | ₹368.15 | ₹312 |
| Day Change | 0.23% | 0.74% |
| Volume | 1.72 Cr | 73.74 L |
| 52-Week High | ₹473.45 | ₹414.4 |
| 52-Week Low | ₹366.2 | ₹308.45 |
| Distance from 52W High | -22.24% | -24.71% |
Valuation
| Metric | BEL | NTPC |
|---|---|---|
| Market Cap | ₹2.69 L Cr | ₹3.02 L Cr |
| P/E Ratio | 43.82x | 10.87x |
| P/B Ratio | 11.23x | 1.48x |
| EPS | ₹1.43 | ₹6.93 |
| Book Value | ₹32.84 | ₹217.76 |
| Dividend Yield | 0.68% | 2.89% |
Growth
| Metric | BEL | NTPC |
|---|---|---|
| Revenue Growth (TTM YoY) | 11.7% | 8% |
| EPS Growth (TTM YoY) | 4.5% | -1.6% |
| Qtr Sales Growth | -0.25% | 2.12% |
| Qtr Profit Growth | -0.59% | -35.03% |
Profitability & Leverage
| Metric | BEL | NTPC |
|---|---|---|
| ROE | 25.25% | 13.05% |
| ROCE | 27.66% | 8.01% |
| Net Margin | 22.29% | 15.38% |
| Operating Margin | 29.19% | 20.32% |
| Debt to Equity | 0x | 1.27x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | BEL | NTPC |
|---|---|---|
| Promoter Holding | 51.14% | 51.1% |
| FII Holding | 18.02%▼ 1.48 pp | 16.3%▼ 0.25 pp |
| DII Holding | 21.02%▲ 1.03 pp | 29.44%▲ 0.31 pp |
| Public Holding | 9.82%▲ 0.45 pp | 3.15%▲ 0.05 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 NTPC.
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.

