StoxBharat Electronics vs Bharat Heavy Electricals: share price & financials comparison
NSE: BEL vs BHEL · Capital Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Bharat Electronics vs Bharat Heavy Electricals at a glance
Bharat Electronics (BEL) has a market capitalisation of ₹2,89,468 Cr, against ₹1,45,828 Cr for Bharat Heavy Electricals (BHEL). Over the past year Bharat Heavy Electricals has returned +70.7%, compared with -2.8% for Bharat Electronics. On valuation, Bharat Electronics trades at a lower P/E of 45.2 versus 50.7. Bharat Electronics earns a higher return on equity (24.4% vs 10.8%). Bharat Electronics comes out ahead on size, valuation, profitability and growth. Bharat Heavy Electricals comes out ahead on momentum and technicals. Across the scored metrics below, Bharat Electronics leads on 10 and Bharat Heavy Electricals on 7. On StoxGud's 10-point checklist, Bharat Electronics scores 7/10 and Bharat Heavy Electricals scores 6/10.
| Metric | Bharat Electronics | Bharat Heavy Electricals |
|---|---|---|
| Size | ||
| Market cap | ₹2,89,468 Cr | ₹1,45,828 Cr |
| Revenue (latest FY) | ₹27,610 Cr | ₹33,782 Cr |
| Net profit (latest FY) | ₹6,062 Cr | ₹1,600 Cr |
| Valuation | ||
| P/E | 45.2 | 50.7 |
| P/B | 11.02 | 5.45 |
| Dividend yield | 0.72% | 0.12% |
| Profitability | ||
| Return on equity | 24.4% | 10.8% |
| Net profit margin | 21.2% | 7.6% |
| Operating margin | 28.2% | 10.1% |
| Growth | ||
| Revenue growth (YoY) | +26.5% | +23.8% |
| Net profit growth (YoY) | +19.6% | +119.0% |
| Revenue CAGR (multi-year) | +14.4% | +14.3% |
| Financial health | ||
| Debt to equity | 0.00 | 0.22 |
| Momentum | ||
| 1-month return | +4.7% | -6.6% |
| 1-year return | -2.8% | +70.7% |
| 3-year CAGR | +42.2% | +47.7% |
| 5-year CAGR | +41.2% | +41.9% |
| 10-year CAGR | +26.0% | +16.3% |
| Distance from 52W high | -15.5% | -9.7% |
| Technicals | ||
| RSI (14) | 65 | 44 |
| Price vs 200-day avg | -4.5% | +15.4% |
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 Heavy Electricals |
|---|---|---|
| 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 | 7/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Bharat Electronics or Bharat Heavy Electricals?
Bharat Electronics has a market cap of ₹2,89,468 Cr and Bharat Heavy Electricals has a market cap of ₹1,45,828 Cr as of 06 Nov 2026.
Which has a lower P/E, Bharat Electronics or Bharat Heavy Electricals?
Bharat Electronics has the lower P/E: Bharat Electronics trades at 45.2 and Bharat Heavy Electricals at 50.7.
Which gave better returns in the last year, Bharat Electronics or Bharat Heavy Electricals?
Bharat Heavy Electricals did better: Bharat Electronics returned -2.8% and Bharat Heavy Electricals returned +70.7% over one year.
Is Bharat Electronics or Bharat Heavy Electricals a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Bharat Electronics scores 7/10 and Bharat Heavy Electricals scores 6/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.