BHEL vs ELECON: Stock Comparison
BHEL is the larger company by market capitalisation. BHEL shows faster revenue growth, while ELECON ENG. CO. shows a lower P/E, a higher ROE and lower leverage. 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
BHEL leads 3; ELECON leads 9 of 13
Interactive comparison
Compare the numbers that shape the decision
Every row uses its own scale. Switch lenses to compare like with like.
Valuation lens
What price are you paying?
✓ 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 | BHEL | ELECON |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Heavy Electrical Equipment | Heavy Electrical Equipment |
Price
| Metric | BHEL | ELECON |
|---|---|---|
| Live Price | ₹384.3 | ₹409.05 |
| Day Change | -3.66% | -4.64% |
| Volume | 1.39 Cr | 8.36 L |
| 52-Week High | ₹464 | ₹579 |
| 52-Week Low | ₹229.54 | ₹352 |
| Distance from 52W High | -17.18% | -29.35% |
Valuation
| Metric | BHEL | ELECON |
|---|---|---|
| Market Cap | ₹1.34 L Cr | ₹9,178 Cr |
| P/E Ratio | 48.16x | 39.24x |
| P/B Ratio | 5.18x | 3.82x |
| EPS | ₹2.36 | ₹4.29 |
| Book Value | ₹75.09 | ₹102.76 |
| Dividend Yield | 0.35% | 0.35% |
Growth
| Metric | BHEL | ELECON |
|---|---|---|
| Revenue Growth (TTM YoY) | 36.9% | -6.5% |
| EPS Growth (TTM YoY) | 156.4% | -95.9% |
| Qtr Sales Growth | 20.82% | 22.74% |
| Qtr Profit Growth | 117.92% | 36.96% |
Profitability & Leverage
| Metric | BHEL | ELECON |
|---|---|---|
| ROE | 6.12% | 23.27% |
| ROCE | 6.41% | 25.31% |
| Net Margin | 4.91% | 15.47% |
| Operating Margin | 8.39% | 30.19% |
| Debt to Equity | 0.31x | 0x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | BHEL | ELECON |
|---|---|---|
| Promoter Holding | 58.17% | 59.27% |
| FII Holding | 9.94%▲ 0.43 pp | 6.93%▼ 0.06 pp |
| DII Holding | 21.88%▼ 0.56 pp | 7.08%▼ 0.1 pp |
| Public Holding | 10.02%▲ 0.14 pp | 26.68%▲ 0.17 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: BHEL and ELECON ENG. CO..
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.

