Hindustan Aeronautics vs Bharat Dynamics: share price & financials comparison
NSE: HAL vs BDL · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Hindustan Aeronautics vs Bharat Dynamics at a glance
Hindustan Aeronautics (HAL) has a market capitalisation of ₹3,21,670 Cr, against ₹37,756 Cr for Bharat Dynamics (BDL). Over the past year Hindustan Aeronautics has returned +2.6%, compared with -30.5% for Bharat Dynamics. On valuation, Hindustan Aeronautics trades at a lower P/E of 33.5 versus 77.3. Hindustan Aeronautics earns a higher return on equity (21.8% vs 10.8%). Hindustan Aeronautics comes out ahead on size, valuation, profitability, growth, momentum and technicals. Across the scored metrics below, Hindustan Aeronautics leads on 15 and Bharat Dynamics on 1. On StoxGud's 10-point checklist, Hindustan Aeronautics scores 9/10 and Bharat Dynamics scores 4/10.
| Metric | Hindustan Aeronautics | Bharat Dynamics |
|---|---|---|
| Size | ||
| Market cap | ₹3,21,670 Cr | ₹37,756 Cr |
| Revenue (latest FY) | ₹33,089 Cr | ₹2,442 Cr |
| Net profit (latest FY) | ₹9,116 Cr | ₹420 Cr |
| Valuation | ||
| P/E | 33.5 | 77.3 |
| P/B | 7.31 | 8.34 |
| Dividend yield | 1.04% | 0.50% |
| Profitability | ||
| Return on equity | 21.8% | 10.8% |
| Net profit margin | 27.6% | 14.9% |
| Operating margin | 29.3% | 8.1% |
| Growth | ||
| Revenue growth (YoY) | +14.9% | +45.1% |
| Net profit growth (YoY) | +16.0% | -15.0% |
| Revenue CAGR (multi-year) | +7.8% | +5.0% |
| Financial health | ||
| Debt to equity | 0.00 | 0.00 |
| Momentum | ||
| 1-month return | -1.2% | -8.5% |
| 1-year return | +2.6% | -30.5% |
| 3-year CAGR | +32.6% | +23.9% |
| 5-year CAGR | +46.6% | +37.5% |
| Distance from 52W high | -5.7% | -36.2% |
| Technicals | ||
| RSI (14) | 56 | 52 |
| Price vs 200-day avg | +7.5% | -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 | Hindustan Aeronautics | 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 | 9/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Hindustan Aeronautics or Bharat Dynamics?
Hindustan Aeronautics has a market cap of ₹3,21,670 Cr and Bharat Dynamics has a market cap of ₹37,756 Cr as of 13 Nov 2026.
Which has a lower P/E, Hindustan Aeronautics or Bharat Dynamics?
Hindustan Aeronautics has the lower P/E: Hindustan Aeronautics trades at 33.5 and Bharat Dynamics at 77.3.
Which gave better returns in the last year, Hindustan Aeronautics or Bharat Dynamics?
Hindustan Aeronautics did better: Hindustan Aeronautics returned +2.6% and Bharat Dynamics returned -30.5% over one year.
What is the difference between Hindustan Aeronautics and Bharat Dynamics?
Both are NSE-listed companies in Capital Goods. Hindustan Aeronautics is about 8.5 times the size of Bharat Dynamics by market cap. In the latest financial year Hindustan Aeronautics reported revenue of ₹33,089 Cr and Bharat Dynamics ₹2,442 Cr. Operating margin is 29.3% for Hindustan Aeronautics and 8.1% for Bharat Dynamics. Debt to equity is 0.00 for Hindustan Aeronautics and 0.00 for Bharat Dynamics.
Which is better, Hindustan Aeronautics or Bharat Dynamics?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Hindustan Aeronautics leads on 15 and Bharat Dynamics on 1. Hindustan Aeronautics is ahead on size, valuation, profitability, growth, momentum and technicals. On StoxGud's rules-based checklist Hindustan Aeronautics scores 9/10 and Bharat Dynamics scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.