NSE ScannerComparison · NSE · data 2026-10-30
Bharat Dynamics Ltd. vs Bharat Electronics Limited
In plain words
Size: Bharat Electronics Limited is about 7.3 times the market value of Bharat Dynamics Ltd..
Valuation (P/E): Bharat Dynamics Ltd. 68.6 vs Bharat Electronics Limited 44.
Return on equity: Bharat Electronics Limited 27.6% vs Bharat Dynamics Ltd. 10.2%.
Profit growth over 3 years: Bharat Electronics Limited 26.6% a year vs Bharat Dynamics Ltd. 6.1% a year.
Debt to equity: Bharat Electronics Limited 0 vs Bharat Dynamics Ltd. 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BDL | BEL | |
|---|---|---|
| Price | ₹974 | ₹369.9 |
| Market cap | ₹37,023 cr | ₹2,71,924 cr |
| P/E | 68.6 | 44 |
| P/B | — | — |
| ROE | 10.2% | 27.6% |
| ROCE | 1.9% | 32.4% |
| Debt / equity | 0 | 0 |
| Operating margin | 9.9% | 26.5% |
| Dividend yield | 0.49% | 0.67% |
| Sales growth, 3 years (yearly) | -1.0% | 15.6% |
| Profit growth, 3 years (yearly) | 6.1% | 26.6% |
| 1-year return | -36.0% | -9.3% |
| Revenue, last 12 months | ₹2,766 cr | ₹28,717 cr |
| Net profit, last 12 months | ₹521 cr | ₹6,146 cr |
| Latest quarter | Jun 2026 | Jun 2024 |
| Quarter net profit | ₹119 cr | ₹791 cr |
| Quarter profit vs a year earlier | +547.4% | — |
| Promoter holding | 74.93% | 51.14% |
| Health check | Average (4.7/10) | Strong (8/10) |
Common questions
Which has a higher P/E, Bharat Dynamics Ltd. or Bharat Electronics Limited?
Bharat Dynamics Ltd. trades at the higher P/E (68.6 against 44). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Bharat Electronics Limited (27.6% against 10.2%).
Which carries more debt?
Bharat Dynamics Ltd. has the higher debt-to-equity ratio (0 against 0).