StoxBharat Electronics vs Mazagoan Dock Shipbuilders: share price & financials comparison
NSE: BEL vs MAZDOCK · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Bharat Electronics vs Mazagoan Dock Shipbuilders at a glance
Bharat Electronics (BEL) has a market capitalisation of ₹2,93,013 Cr, against ₹76,239 Cr for Mazagoan Dock Shipbuilders (MAZDOCK). Over the past year Bharat Electronics has returned -3.4%, compared with -29.6% for Mazagoan Dock Shipbuilders. On valuation, Mazagoan Dock Shipbuilders trades at a lower P/E of 31.1 versus 45.8. Bharat Electronics earns a higher return on equity (24.4% vs 23.5%). Bharat Electronics comes out ahead on size, profitability, growth, momentum and technicals. Mazagoan Dock Shipbuilders comes out ahead on valuation. Across the scored metrics below, Bharat Electronics leads on 11 and Mazagoan Dock Shipbuilders on 5. On StoxGud's 10-point checklist, Bharat Electronics scores 6/10 and Mazagoan Dock Shipbuilders scores 5/10.
| Metric | Bharat Electronics | Mazagoan Dock Shipbuilders |
|---|---|---|
| Size | ||
| Market cap | ₹2,93,013 Cr | ₹76,239 Cr |
| Revenue (latest FY) | ₹27,610 Cr | ₹13,006 Cr |
| Net profit (latest FY) | ₹6,062 Cr | ₹2,583 Cr |
| Valuation | ||
| P/E | 45.8 | 31.1 |
| P/B | 11.16 | 7.29 |
| Dividend yield | 0.71% | 1.02% |
| Profitability | ||
| Return on equity | 24.4% | 23.5% |
| Net profit margin | 21.2% | 19.1% |
| Operating margin | 28.2% | 16.2% |
| Growth | ||
| Revenue growth (YoY) | +26.5% | -16.5% |
| Net profit growth (YoY) | +19.6% | -53.8% |
| Revenue CAGR (multi-year) | +14.4% | +26.3% |
| Financial health | ||
| Debt to equity | 0.00 | 0.08 |
| Momentum | ||
| 1-month return | +5.5% | -10.8% |
| 1-year return | -3.4% | -29.6% |
| 3-year CAGR | +40.9% | +24.1% |
| 5-year CAGR | +40.2% | +65.5% |
| 10-year CAGR | +26.2% | — |
| Distance from 52W high | -14.4% | -33.2% |
| Technicals | ||
| RSI (14) | 80 | 53 |
| Price vs 200-day avg | -3.3% | -19.8% |
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 | Mazagoan Dock Shipbuilders |
|---|---|---|
| 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 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Bharat Electronics or Mazagoan Dock Shipbuilders?
Bharat Electronics has a market cap of ₹2,93,013 Cr and Mazagoan Dock Shipbuilders has a market cap of ₹76,239 Cr as of 13 Nov 2026.
Which has a lower P/E, Bharat Electronics or Mazagoan Dock Shipbuilders?
Mazagoan Dock Shipbuilders has the lower P/E: Bharat Electronics trades at 45.8 and Mazagoan Dock Shipbuilders at 31.1.
Which gave better returns in the last year, Bharat Electronics or Mazagoan Dock Shipbuilders?
Bharat Electronics did better: Bharat Electronics returned -3.4% and Mazagoan Dock Shipbuilders returned -29.6% over one year.
What is the difference between Bharat Electronics and Mazagoan Dock Shipbuilders?
Both are NSE-listed companies in Capital Goods. Bharat Electronics is about 3.8 times the size of Mazagoan Dock Shipbuilders by market cap. In the latest financial year Bharat Electronics reported revenue of ₹27,610 Cr and Mazagoan Dock Shipbuilders ₹13,006 Cr. Operating margin is 28.2% for Bharat Electronics and 16.2% for Mazagoan Dock Shipbuilders. Debt to equity is 0.00 for Bharat Electronics and 0.08 for Mazagoan Dock Shipbuilders.
Which is better, Bharat Electronics or Mazagoan Dock Shipbuilders?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Bharat Electronics leads on 11 and Mazagoan Dock Shipbuilders on 5. Bharat Electronics is ahead on size, profitability, growth, momentum and technicals. Mazagoan Dock Shipbuilders is ahead on valuation. On StoxGud's rules-based checklist Bharat Electronics scores 6/10 and Mazagoan Dock Shipbuilders scores 5/10. This is information, not advice: consult a SEBI-registered adviser before investing.