BEL vs ULTRACEMCO: Stock Comparison
UltraTech Cement Ltd is the larger company by market capitalisation. Bharat Electronics Ltd shows a higher ROE, faster revenue growth and lower leverage, while UltraTech Cement Ltd 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 6; ULTRACEMCO leads 7 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 | ULTRACEMCO |
|---|---|---|
| Sector | Capital Goods | Construction Materials |
| Industry | Aerospace & Defense | Cement & Cement Products |
Price
| Metric | BEL | ULTRACEMCO |
|---|---|---|
| Live Price | ₹411.8 | ₹11,589 |
| Day Change | -0.16% | -0.79% |
| Volume | 25.04 L | 36,247 |
| 52-Week High | ₹473.45 | ₹13,110 |
| 52-Week Low | ₹361.2 | ₹10,325 |
| Distance from 52W High | -13.02% | -11.6% |
Valuation
| Metric | BEL | ULTRACEMCO |
|---|---|---|
| Market Cap | ₹3.01 L Cr | ₹3.41 L Cr |
| P/E Ratio | 49.04x | 40.18x |
| P/B Ratio | 12.57x | 4.48x |
| EPS | ₹8.41 | ₹290.48 |
| Book Value | ₹32.82 | ₹2,605.1 |
| Dividend Yield | 0.61% | 2.07% |
Growth
| Metric | BEL | ULTRACEMCO |
|---|---|---|
| Revenue Growth (TTM YoY) | 11.7% | 3% |
| EPS Growth (TTM YoY) | 4.5% | 45.3% |
| Qtr Sales Growth | 11.8% | 15.8% |
| Qtr Profit Growth | 4.62% | 15.8% |
Profitability & Leverage
| Metric | BEL | ULTRACEMCO |
|---|---|---|
| ROE | 27.6% | 11.1% |
| ROCE | 36.5% | 12.7% |
| Net Margin | 22.29% | 10.24% |
| Operating Margin | 29.2% | 19.2% |
| Debt to Equity | 0x | 0.31x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | BEL | ULTRACEMCO |
|---|---|---|
| Promoter Holding | 51.14% | 58.4% |
| FII Holding | 18.02%▼ 1.48 pp | 12.86%▼ 1.25 pp |
| DII Holding | 21.02%▲ 1.03 pp | 19.69%▲ 1.27 pp |
| Public Holding | 9.82%▲ 0.45 pp | 7.91% |
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 UltraTech Cement 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.

