BEL vs SBIN: Stock Comparison

Bharat Electronics Ltd vs State Bank of India

Live data: 10 August 2026, 3:54 PM IST • Source: NSE and company filings

State Bank of India is the larger company by market capitalisation. Bharat Electronics Ltd shows a higher ROE, faster revenue growth and a higher ROCE, while State Bank of India 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.

Side-by-side comparison of Bharat Electronics Ltd and State Bank of India on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, BEL is more favourable on 7 of 12 scored metrics and SBIN on 5These counts are context-free and are not an overall rating.
These companies operate in different sectors (Capital Goods vs Financial Services). Valuation and leverage norms differ across sectors, so cross-sector ratio comparisons can mislead — compare each against its own sector peers too.

Key Differences

Market Cap
SBIN is the larger company
₹9.89 L Cr vs ₹2.94 L Cr
P/E Ratio
SBIN has a lower P/E
11.74x vs 47.81x
P/B Ratio
SBIN has a lower P/B
1.65x vs 12.25x
EPS
SBIN has higher earnings per share
₹91.18 vs ₹8.38
Dividend Yield
SBIN has a higher dividend yield
1.58% vs 0.62%
Revenue Growth (TTM YoY)
BEL has faster revenue growth
11.7% vs 7.1%
EPS Growth (TTM YoY)
BEL has faster EPS growth
4.5% vs -3.1%
Qtr Sales Growth
BEL has stronger quarterly sales growth
11.8% vs 3.34%

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

Profile

MetricBELSBIN
SectorCapital GoodsFinancial Services
IndustryAerospace & DefensePublic Sector Bank

Price

MetricBELSBIN
Live Price₹404.35₹1,071
Day Change0.84%-2.39%
Volume78.35 L1.66 Cr
52-Week High₹473.45₹1,234.7
52-Week Low₹361.2₹798.5
Distance from 52W High-14.59%-13.26%

Valuation

MetricBELSBIN
Market Cap₹2.94 L Cr₹9.89 L Cr
P/E Ratio47.81x11.74x
P/B Ratio12.25x1.65x
EPS₹8.38₹91.18
Book Value₹32.82₹645.82
Dividend Yield0.62%1.58%

Growth

MetricBELSBIN
Revenue Growth (TTM YoY)11.7%7.1%
EPS Growth (TTM YoY)4.5%-3.1%
Qtr Sales Growth11.8%3.34%
Qtr Profit Growth4.62%0.22%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricBELSBIN
ROE27.6%15.4%
ROCE36.5%6.13%
Net Margin22.29%22.11%
Operating Margin29.2%45.9%
Debt to Equity0x11.4x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBELSBIN
Promoter Holding51.14%55.47% 0.05 pp
FII Holding18.02% 1.48 pp10.81% 0.6 pp
DII Holding21.02% 1.03 pp26.64% 0.4 pp
Public Holding9.82% 0.45 pp7.06% 0.25 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 State Bank of 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.