NSE ScannerComparison · NSE · data 2026-10-31
Bharat Dynamics Ltd. vs Hindustan Aeronautics Limited
In plain words
Size: Hindustan Aeronautics Limited is about 9 times the market value of Bharat Dynamics Ltd..
Valuation (P/E): Bharat Dynamics Ltd. 68.6 vs Hindustan Aeronautics Limited 34.8.
Return on equity: Hindustan Aeronautics Limited 24% vs Bharat Dynamics Ltd. 10.2%.
Profit growth over 3 years: Hindustan Aeronautics Limited 16.1% a year vs Bharat Dynamics Ltd. 6.1% a year.
Debt to equity: Hindustan Aeronautics Limited 0 vs Bharat Dynamics Ltd. 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BDL | HAL | |
|---|---|---|
| Price | ₹974 | ₹4,853.7 |
| Market cap | ₹35,740 cr | ₹3,23,433 cr |
| P/E | 68.6 | 34.8 |
| P/B | — | — |
| ROE | 10.2% | 24.0% |
| ROCE | 1.9% | 11.1% |
| Debt / equity | 0 | 0 |
| Operating margin | 9.9% | 23.3% |
| Dividend yield | 0.50% | 0.93% |
| Sales growth, 3 years (yearly) | -1.0% | 6.6% |
| Profit growth, 3 years (yearly) | 6.1% | 16.1% |
| 1-year return | -36.0% | 3.4% |
| Revenue, last 12 months | ₹2,766 cr | ₹33,785 cr |
| Net profit, last 12 months | ₹521 cr | ₹9,322 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹119 cr | ₹1,590 cr |
| Quarter profit vs a year earlier | +547.4% | +14.9% |
| Promoter holding | 74.93% | 71.64% |
| Health check | Average (4.7/10) | Strong (7.8/10) |
Common questions
Which has a higher P/E, Bharat Dynamics Ltd. or Hindustan Aeronautics Limited?
Bharat Dynamics Ltd. trades at the higher P/E (68.6 against 34.8). 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?
Hindustan Aeronautics Limited (24.0% against 10.2%).
Which carries more debt?
Bharat Dynamics Ltd. has the higher debt-to-equity ratio (0 against 0).