NSE ScannerComparison · NSE · data 2026-11-01
Bharat Electronics Limited vs Hindustan Aeronautics Limited
In plain words
Size: Hindustan Aeronautics Limited is about 1.2 times the market value of Bharat Electronics Limited.
Valuation (P/E): Bharat Electronics Limited 42.3 vs Hindustan Aeronautics Limited 34.8.
Return on equity: Bharat Electronics Limited 27.6% vs Hindustan Aeronautics Limited 24%.
Profit growth over 3 years: Bharat Electronics Limited 26.6% a year vs Hindustan Aeronautics Limited 16.1% a year.
Debt to equity: Hindustan Aeronautics Limited 0 vs Bharat Electronics Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BEL | HAL | |
|---|---|---|
| Price | ₹369.9 | ₹4,853.7 |
| Market cap | ₹2,69,804 cr | ₹3,23,433 cr |
| P/E | 42.3 | 34.8 |
| P/B | 10.3 | — |
| ROE | 27.6% | 24.0% |
| ROCE | 32.4% | 11.1% |
| Debt / equity | 0 | 0 |
| Operating margin | 26.1% | 23.3% |
| Dividend yield | 0.68% | 0.93% |
| Sales growth, 3 years (yearly) | 15.6% | 6.6% |
| Profit growth, 3 years (yearly) | 26.6% | 16.1% |
| 1-year return | -9.3% | 3.4% |
| Revenue, last 12 months | ₹30,253 cr | ₹33,785 cr |
| Net profit, last 12 months | ₹6,399 cr | ₹9,322 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹1,540 cr | ₹1,590 cr |
| Quarter profit vs a year earlier | +19.6% | +14.9% |
| Promoter holding | 51.14% | 71.64% |
| Health check | Strong (8.2/10) | Strong (7.8/10) |
Common questions
Which has a higher P/E, Bharat Electronics Limited or Hindustan Aeronautics Limited?
Bharat Electronics Limited trades at the higher P/E (42.3 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?
Bharat Electronics Limited (27.6% against 24.0%).
Which carries more debt?
Bharat Electronics Limited has the higher debt-to-equity ratio (0 against 0).