BEL vs TECHM: Stock Comparison
Bharat Electronics Ltd is the larger company by market capitalisation. Bharat Electronics Ltd shows a higher ROE, lower leverage and a higher ROCE, while Tech Mahindra Ltd 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; TECHM leads 8 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 | TECHM |
|---|---|---|
| Sector | Capital Goods | Information Technology |
| Industry | Aerospace & Defense | Computers - Software & Consulting |
Price
| Metric | BEL | TECHM |
|---|---|---|
| Live Price | ₹413.25 | ₹1,599.9 |
| Day Change | 1.04% | 1% |
| Volume | 94.1 L | 13.83 L |
| 52-Week High | ₹473.45 | ₹1,854 |
| 52-Week Low | ₹361.2 | ₹1,304.1 |
| Distance from 52W High | -12.72% | -13.71% |
Valuation
| Metric | BEL | TECHM |
|---|---|---|
| Market Cap | ₹3,02,07,661.01 L Cr | ₹1,41,73,484.13 L Cr |
| P/E Ratio | 48.88x | 30.43x |
| P/B Ratio | 12.52x | 5.28x |
| EPS | ₹8.38 | ₹57.82 |
| Book Value | ₹32.82 | ₹334.41 |
| Dividend Yield | 0.61% | 3.22% |
Growth
| Metric | BEL | TECHM |
|---|---|---|
| Revenue Growth (TTM YoY) | 11.7% | 12.6% |
| EPS Growth (TTM YoY) | 4.5% | 15.9% |
| Qtr Sales Growth | 11.8% | 17.7% |
| Qtr Profit Growth | 4.62% | 28.4% |
Profitability & Leverage
| Metric | BEL | TECHM |
|---|---|---|
| ROE | 27.6% | 17.5% |
| ROCE | 36.5% | 23.1% |
| Net Margin | 22.29% | 8.47% |
| Operating Margin | 29.2% | 16.6% |
| Debt to Equity | 0x | 0.07x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | BEL | TECHM |
|---|---|---|
| Promoter Holding | 51.14% | 34.94%▼ 0.01 pp |
| FII Holding | 18.02%▼ 1.48 pp | 18.66%▲ 0.07 pp |
| DII Holding | 21.02%▲ 1.03 pp | 36.92%▼ 0.41 pp |
| Public Holding | 9.82%▲ 0.45 pp | 9.29%▲ 0.36 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 Tech Mahindra Ltd.
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.

