Comparison · NSE · data 2026-11-02
Bharat Dynamics Ltd. vs Mazagon Dock Shipbuilders Ltd.
In plain words
Size: Mazagon Dock Shipbuilders Ltd. is about 1.9 times the market value of Bharat Dynamics Ltd..
Valuation (P/E): Bharat Dynamics Ltd. 70.5 vs Mazagon Dock Shipbuilders Ltd. 28.6.
Return on equity: Mazagon Dock Shipbuilders Ltd. 29.2% vs Bharat Dynamics Ltd. 10.2%.
Profit growth over 3 years: Mazagon Dock Shipbuilders Ltd. 32.2% a year vs Bharat Dynamics Ltd. 6.1% a year.
Debt to equity: Mazagon Dock Shipbuilders Ltd. 0.05 vs Bharat Dynamics Ltd. 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BDL | MAZDOCK | |
|---|---|---|
| Price | ₹1,001.4 | ₹1,740 |
| Market cap | ₹35,740 cr | ₹68,776 cr |
| P/E | 70.5 | 28.6 |
| P/B | — | 6.7 |
| ROE | 10.2% | 29.2% |
| ROCE | 1.9% | 26.7% |
| Debt / equity | 0 | 0.05 |
| Operating margin | 9.9% | 15.3% |
| Dividend yield | 0.50% | 1.06% |
| Sales growth, 3 years (yearly) | -1.0% | 18.4% |
| Profit growth, 3 years (yearly) | 6.1% | 32.2% |
| 1-year return | -33.8% | -36.8% |
| Revenue, last 12 months | ₹2,766 cr | ₹12,840 cr |
| Net profit, last 12 months | ₹521 cr | ₹2,452 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹119 cr | ₹346 cr |
| Quarter profit vs a year earlier | +547.4% | -53.8% |
| Promoter holding | 74.93% | 81.22% |
| Health check | Average (4.8/10) | Strong (6.9/10) |
Common questions
Which has a higher P/E, Bharat Dynamics Ltd. or Mazagon Dock Shipbuilders Ltd.?
Bharat Dynamics Ltd. trades at the higher P/E (70.5 against 28.6). 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?
Mazagon Dock Shipbuilders Ltd. (29.2% against 10.2%).
Which carries more debt?
Mazagon Dock Shipbuilders Ltd. has the higher debt-to-equity ratio (0.05 against 0).