StoxBharat Electronics vs Bharat Dynamics: share price & financials comparison
NSE: BEL vs BDL · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Bharat Electronics vs Bharat Dynamics at a glance
Bharat Electronics (BEL) has a market capitalisation of ₹2,93,013 Cr, against ₹37,756 Cr for Bharat Dynamics (BDL). Over the past year Bharat Electronics has returned -3.4%, compared with -30.5% for Bharat Dynamics. On valuation, Bharat Electronics trades at a lower P/E of 45.8 versus 77.3. Bharat Electronics earns a higher return on equity (24.4% vs 10.8%). Bharat Electronics comes out ahead on size, valuation, profitability, growth, momentum and technicals. Across the scored metrics below, Bharat Electronics leads on 14 and Bharat Dynamics on 2. On StoxGud's 10-point checklist, Bharat Electronics scores 6/10 and Bharat Dynamics scores 4/10.
| Metric | Bharat Electronics | Bharat Dynamics |
|---|---|---|
| Size | ||
| Market cap | ₹2,93,013 Cr | ₹37,756 Cr |
| Revenue (latest FY) | ₹27,610 Cr | ₹2,442 Cr |
| Net profit (latest FY) | ₹6,062 Cr | ₹420 Cr |
| Valuation | ||
| P/E | 45.8 | 77.3 |
| P/B | 11.16 | 8.34 |
| Dividend yield | 0.71% | 0.50% |
| Profitability | ||
| Return on equity | 24.4% | 10.8% |
| Net profit margin | 21.2% | 14.9% |
| Operating margin | 28.2% | 8.1% |
| Growth | ||
| Revenue growth (YoY) | +26.5% | +45.1% |
| Net profit growth (YoY) | +19.6% | -15.0% |
| Revenue CAGR (multi-year) | +14.4% | +5.0% |
| Financial health | ||
| Debt to equity | 0.00 | 0.00 |
| Momentum | ||
| 1-month return | +5.5% | -8.5% |
| 1-year return | -3.4% | -30.5% |
| 3-year CAGR | +40.9% | +23.9% |
| 5-year CAGR | +40.2% | +37.5% |
| 10-year CAGR | +26.2% | — |
| Distance from 52W high | -14.4% | -36.2% |
| Technicals | ||
| RSI (14) | 80 | 52 |
| Price vs 200-day avg | -3.3% | -18.4% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Bharat Electronics | Bharat Dynamics |
|---|---|---|
| Price above 50-day average | ✓ | ✗ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✓ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✓ | ✗ |
| Score | 6/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Bharat Electronics or Bharat Dynamics?
Bharat Electronics has a market cap of ₹2,93,013 Cr and Bharat Dynamics has a market cap of ₹37,756 Cr as of 13 Nov 2026.
Which has a lower P/E, Bharat Electronics or Bharat Dynamics?
Bharat Electronics has the lower P/E: Bharat Electronics trades at 45.8 and Bharat Dynamics at 77.3.
Which gave better returns in the last year, Bharat Electronics or Bharat Dynamics?
Bharat Electronics did better: Bharat Electronics returned -3.4% and Bharat Dynamics returned -30.5% over one year.
What is the difference between Bharat Electronics and Bharat Dynamics?
Both are NSE-listed companies in Capital Goods. Bharat Electronics is about 7.8 times the size of Bharat Dynamics by market cap. In the latest financial year Bharat Electronics reported revenue of ₹27,610 Cr and Bharat Dynamics ₹2,442 Cr. Operating margin is 28.2% for Bharat Electronics and 8.1% for Bharat Dynamics. Debt to equity is 0.00 for Bharat Electronics and 0.00 for Bharat Dynamics.
Which is better, Bharat Electronics or Bharat Dynamics?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Bharat Electronics leads on 14 and Bharat Dynamics on 2. Bharat Electronics is ahead on size, valuation, profitability, growth, momentum and technicals. On StoxGud's rules-based checklist Bharat Electronics scores 6/10 and Bharat Dynamics scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.