{"id":18278,"date":"2025-05-24T06:49:41","date_gmt":"2025-05-24T06:49:41","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=18278"},"modified":"2025-08-28T09:53:29","modified_gmt":"2025-08-28T09:53:29","slug":"bhel-vs-bel","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/","title":{"rendered":"BHEL vs BEL -Best Defence and Manufacturing Sector Stocks"},"content":{"rendered":"\n<p>When it comes to investing, investors look for government-owned companies operating in industries which have high growth potential. Their performance is directly linked to government spending. Bharat Heavy Electricals Limited and Bharat Electronics Limited are two major entities operating in different sectors to cater to the demand for equipment used in power, infrastructure, and the defence sector.<\/p>\n\n\n\n<p>In this blog, we will provide you with a comparison between BHEL and BEL, and based on such a comparison help you determine which stock is suitable for you.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#Overview_of_BHEL_Stock\" title=\"Overview of BHEL Stock\">Overview of BHEL Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#Overview_of_BEL_Stock\" title=\"Overview of BEL Stock\">Overview of BEL Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#Comparison_of_Market_Details_%E2%80%93_BHEL_and_BEL\" title=\"Comparison of Market Details &#8211; BHEL and BEL\">Comparison of Market Details &#8211; BHEL and BEL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#Performance_Comparison_of_BHEL_and_BEL\" title=\"Performance Comparison of BHEL and BEL\">Performance Comparison of BHEL and BEL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#Key_Performance_Ratios\" title=\"Key Performance Ratios\">Key Performance Ratios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#Shareholding_Pattern\" title=\"Shareholding Pattern\">Shareholding Pattern<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#Which_Stock_is_Better\" title=\"Which Stock is Better?\">Which Stock is Better?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#Frequently_Asked_Questions_FAQS\" title=\"Frequently Asked Questions (FAQS)\">Frequently Asked Questions (FAQS)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-overview-of-bhel-stock\"><span class=\"ez-toc-section\" id=\"Overview_of_BHEL_Stock\"><\/span>Overview of BHEL Stock<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 1956, a company named Heavy Electricals (India) Limited was established with an aim to manufacture heavy electrical equipment in India. The first plant was set up in Bhopal. Considering the high demand for heavy electrical equipment, it was decided to set up three additional plants and to manage them, BHEL was formed. <a href=\"https:\/\/www.pocketful.in\/stocks\/bharat-heavy-electricals-ltd\">BHEL or Bharat Heavy Electricals Limited<\/a>, established in 1964, is a state-owned enterprise primarily manufacturing equipment for the power and transmission sector. BHEL was merged with Heavy Electricals (India) Limited in 1974. BHEL has executed various projects across 76 countries. The company has 16 manufacturing plants, spread across the country, and 2 repair units. The company is the sole supplier of nuclear turbines in India. In recent years, it has expanded in the renewable energy sector. The company\u2019s headquarters are situated in New Delhi.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-product-portfolio\">Product Portfolio<\/h3>\n\n\n\n<p>BHEL is one of the largest manufacturers of power plant equipment. The product portfolio of BHEL includes the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Equipment for Thermal Power Plants: <\/strong>It manufactures boilers, steam turbines, boiler feed pumps, etc.<\/li>\n\n\n\n<li><strong>Equipment for Hydro Power Plant: <\/strong>Hydro Turbines, Hydro Generators, etc.<\/li>\n\n\n\n<li><strong>Equipment for Gas-based Power Plants: <\/strong>Gas Turbines are manufactured by BHEL for this segment.&nbsp;<\/li>\n\n\n\n<li><strong>Equipment for Nuclear Power Plants: <\/strong>BHEL is the only company in India that manufactures steam generators, reactors and control equipment for nuclear plants.<\/li>\n\n\n\n<li><strong>Other Sector:<\/strong> It also manufactures various industrial equipment such as high voltage transformers, electric motors, traction motors, etc.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-overview-of-bel-stock\"><span class=\"ez-toc-section\" id=\"Overview_of_BEL_Stock\"><\/span>Overview of BEL Stock<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.pocketful.in\/stocks\/bharat-electronics-ltd\">Bharat Electronics Limited<\/a> was founded in 1954 as a public sector undertaking, under the Ministry of Defence. The company is primarily engaged in providing electronic equipment for the Indian armed forces. The company has been given the status of Navratna by the Government of India. Its wide range of products includes communication devices, electronic warfare systems, night vision devices, etc. The company exported defense equipment worth $2.63 billion in FY2024, an increase of 32.5% over the past year. The company is also active in the non-defense segment and manufactures key components for railways, metro, civil aviation, antennas, etc. Its headquarters are situated in Bangalore.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-product-portfolio-0\">Product Portfolio<\/h3>\n\n\n\n<p>The product portfolio of Bharat Electronics Limited is as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Defence Related Products:<\/strong> It manufactures various defence-related products such as radars, missile systems, communication devices, jammers, naval systems, avionics, etc.<\/li>\n\n\n\n<li><strong>Non-Defence Related Products:<\/strong> It manufactures crucial components and equipment such as antennas, jammers, solar energy solutions, signalling systems for the transport sector, cyber security solutions, etc.<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/best-defense-stocks-in-india\/\">List Of Best Defense Stocks in India<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-comparison-of-market-details-bhel-and-bel\"><span class=\"ez-toc-section\" id=\"Comparison_of_Market_Details_%E2%80%93_BHEL_and_BEL\"><\/span>Comparison of Market Details &#8211; BHEL and BEL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Particulars<\/th><th>BHEL<\/th><th>BEL<\/th><\/tr><\/thead><tbody><tr><td>Current Market Price (\u20b9)<\/td><td>248<\/td><td>383<\/td><\/tr><tr><td>Market Capitalisation (In \u20b9 Crores)<\/td><td>86,212<\/td><td>2,80,220<\/td><\/tr><tr><td>52 Week High (\u20b9)<\/td><td>335<\/td><td>386<\/td><\/tr><tr><td>52 Week Low (\u20b9)<\/td><td>176<\/td><td>230<\/td><\/tr><tr><td>Book Value (\u20b9)<\/td><td>71<\/td><td>27<\/td><\/tr><tr><td>Face Value of Share (\u20b9)<\/td><td>2<\/td><td>1<\/td><\/tr><tr><td>P\/E Ratio (x)<\/td><td>161<\/td><td>52.7<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(As of 22 May 2025)<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-performance-comparison-of-bhel-and-bel\"><span class=\"ez-toc-section\" id=\"Performance_Comparison_of_BHEL_and_BEL\"><\/span>Performance Comparison of BHEL and BEL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Particulars<\/th><th>BHEL<\/th><th>BEL<\/th><\/tr><\/thead><tbody><tr><td>1 Month<\/td><td>8.40 %<\/td><td>26.42 %<\/td><\/tr><tr><td>6 Months<\/td><td>5.59 %<\/td><td>36.55 %<\/td><\/tr><tr><td>1 Year<\/td><td>-18.03 %<\/td><td>35.23 %<\/td><\/tr><tr><td>5 Years<\/td><td>908.15 %<\/td><td>1724.45 %<\/td><\/tr><tr><td>YTD<\/td><td>6.12 %<\/td><td>30.49 %<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><em>(As of 22 May 2025)<\/em><\/figcaption><\/figure>\n\n\n\n<p><strong>Inference<\/strong>: Based on the returns mentioned in the table above, we can conclude that BEL has posted higher returns than BHEL on each timeframe whether it is long term or short term.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-income-statement-comparison\">Income Statement Comparison<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Particulars<\/strong><\/td><td><strong>BHEL<\/strong><\/td><td><strong>BEL<\/strong><\/td><\/tr><tr><td>Total Revenue<\/td><td>28,804<\/td><td>24,511<\/td><\/tr><tr><td>Total Expenses<\/td><td>27,369<\/td><td>17,402<\/td><\/tr><tr><td>Profit After Tax<\/td><td>474<\/td><td>5,287<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>(As of March 2025)<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"452\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Income-Statement-Comparison-of-BHEL-and-BEL.png\" alt=\"\" class=\"wp-image-18281\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Income-Statement-Comparison-of-BHEL-and-BEL.png 752w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Income-Statement-Comparison-of-BHEL-and-BEL-300x180.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Income-Statement-Comparison-of-BHEL-and-BEL-150x90.png 150w\" sizes=\"auto, (max-width: 752px) 100vw, 752px\" \/><\/figure>\n\n\n\n<p><strong>Inference<\/strong>: Bharat Heavy Electricals Limited has recorded higher revenue than BEL for FY 2025, however, BHEL has incurred relatively higher expenses, therefore its Profit After Tax is lower than BEL\u2019s Profit.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-balance-sheet-comparison\">Balance Sheet Comparison<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Particulars<\/th><th>BHEL<\/th><th>BEL<\/th><\/tr><\/thead><tbody><tr><td>Total Assets<\/td><td>68,083<\/td><td>40,831<\/td><\/tr><tr><td>Current Liabilities<\/td><td>28,225<\/td><td>19,752<\/td><\/tr><tr><td>Other Liabilities<\/td><td>15,135<\/td><td>1,105<\/td><\/tr><tr><td>Reserves &amp; Surplus<\/td><td>24,025<\/td><td>19,242<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(As of March 2025)<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"452\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Balance-Sheet-Comparison-of-BHEL-and-BEL.png\" alt=\"\" class=\"wp-image-18282\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Balance-Sheet-Comparison-of-BHEL-and-BEL.png 752w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Balance-Sheet-Comparison-of-BHEL-and-BEL-300x180.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Balance-Sheet-Comparison-of-BHEL-and-BEL-150x90.png 150w\" sizes=\"auto, (max-width: 752px) 100vw, 752px\" \/><\/figure>\n\n\n\n<p><strong>Inference<\/strong>: The above table indicates that BHEL has higher assets than BEL, however, it also has higher liabilities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-cash-flow-statement\">Cash Flow Statement<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Particulars<\/th><th>BHEL<\/th><th>BEL<\/th><\/tr><\/thead><tbody><tr><td>Cash Flow from Operating Activities<\/td><td>2,191<\/td><td>586<\/td><\/tr><tr><td>Cash Flow from Investing Activities<\/td><td>-2,730<\/td><td>616<\/td><\/tr><tr><td>Cash Flow from Financing Activities<\/td><td>-856<\/td><td>-1,696<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(As of March 2025)<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"452\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Cash-Flow-Statement-of-BHEL-and-BEL.png\" alt=\"\" class=\"wp-image-18283\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Cash-Flow-Statement-of-BHEL-and-BEL.png 752w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Cash-Flow-Statement-of-BHEL-and-BEL-300x180.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/Cash-Flow-Statement-of-BHEL-and-BEL-150x90.png 150w\" sizes=\"auto, (max-width: 752px) 100vw, 752px\" \/><\/figure>\n\n\n\n<p><strong>Inference<\/strong>: BHEL has a high cash flow from operating activities, but has a significantly negative investing cash flow as compared to BEL.<\/p>\n\n\n\n<p><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/best-small-cap-defence-stocks-list\/\">Best Small-Cap Defence Stocks in India<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-performance-ratios\"><span class=\"ez-toc-section\" id=\"Key_Performance_Ratios\"><\/span>Key Performance Ratios<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Particulars<\/th><th>BHEL<\/th><th>BEL<\/th><\/tr><\/thead><tbody><tr><td>Basic EPS (INR)<\/td><td>1.53<\/td><td>7.28<\/td><\/tr><tr><td>Operating Profit Margin (%)<\/td><td>5.06<\/td><td>29.90<\/td><\/tr><tr><td>Net Profit Margin (%)<\/td><td>1.67<\/td><td>22.24<\/td><\/tr><tr><td>ROE (%)<\/td><td>2.15<\/td><td>26.64<\/td><\/tr><tr><td>ROCE (%)<\/td><td>3.60<\/td><td>33.72<\/td><\/tr><tr><td>Debt to Equity (x)<\/td><td>0.36<\/td><td>0<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(As of March 2025)<\/figcaption><\/figure>\n\n\n\n<p><strong>Inference<\/strong>: The comparison of key performance ratios indicates that BEL has significantly better profit margins and other return metrics compared to BHEL.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-shareholding-pattern\"><span class=\"ez-toc-section\" id=\"Shareholding_Pattern\"><\/span>Shareholding Pattern<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Particulars<\/th><th>BHEL<\/th><th>BEL<\/th><\/tr><\/thead><tbody><tr><td>Promoter (%)<\/td><td>63.17<\/td><td>51.14<\/td><\/tr><tr><td>FII (%)<\/td><td>7.19<\/td><td>17.56<\/td><\/tr><tr><td>DII (%)<\/td><td>16.35<\/td><td>20.88<\/td><\/tr><tr><td>Others (%)<\/td><td>1.52<\/td><td>1.1<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(As of 31 March 2025)<\/figcaption><\/figure>\n\n\n\n<p><strong>Inference<\/strong>: FIIS holds a significant stake of around 17% in BEL, whereas in BHEL, promoters hold 63.17%, which is comparatively higher than BEL.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-which-stock-is-better\"><span class=\"ez-toc-section\" id=\"Which_Stock_is_Better\"><\/span>Which Stock is Better?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Identifying which stock is better between Bharat Electronics Limited and Bharat Heavy Electricals Limited is difficult if you do not know your investment objective and risk profile. Both are public sector undertakings (PSU), yet they have different, distinct characteristics. BHEL is primarily operating in the power and energy sector and provides a wide range of equipment for thermal, hydro, gas, and nuclear power plants, in addition to defence equipment, and transport sectors.&nbsp;<\/p>\n\n\n\n<p>On the other hand, BEL primarily operates in the defence sector and manufactures defense equipment like radars, missile systems, warfare technologies, and communication systems. BHEL has higher revenue compared to BEL, but has posted comparatively less profit. A detailed fundamental analysis of both companies is required before making an informed decision. Moreover, the investor\u2019s risk tolerance and investment goal will determine which stock is ideal and it is advised to consult a financial advisor before investing.<\/p>\n\n\n\n<p>Read Also: <a href=\"https:\/\/www.pocketful.in\/blog\/top-defence-stocks-to-watch-after-operation-sindoor\/\">Top Defence Stocks to Watch After Operation Sindoor<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>On a concluding note, despite being well-known government-owned companies with important roles in India\u2019s defence and infrastructure sector, they differ significantly in performance and future outlook. BEL focuses more on defence-related equipment, and is a debt-free company with higher profit margins, whereas BHEL operates in a more capital-intensive industry. Performance of both depends on the budget allocation announced towards power, infrastructure and defence sector. Both of them offer a great <a href=\"https:\/\/www.pocketful.in\/invest\">investment<\/a> opportunity for investors, yet carry certain risks. Therefore, it is advisable to consult with your financial advisor before making any investment decision.<\/p>\n\n\n\n<p>One can easily invest in both the shares using <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.pocketful.android&amp;hl=en_IN\">Pocketful&#8217;s advanced trading application<\/a> without paying any brokerage on equity delivery. So open a free demat account with us now.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQS\"><\/span>Frequently Asked Questions (FAQS)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">Who is the current CEO of BHEL?<\/h3><p class=\"saswp-faq-answer-text\">As of 22 May 2025, Mr. Koppu Sadashiv Murthy is the chairman and managing director of Bharat Heavy Electricals Limited (BHEL).<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Which stock is suitable for long-term investment, BHEL or BEL?<\/h3><p class=\"saswp-faq-answer-text\">BEL has better KPI metrics than BHEL along with a higher market capitalization, but investing in either of them requires thorough research.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Which is the best company between BHEL and BEL?<\/h3><p class=\"saswp-faq-answer-text\">Based on past returns, market capitalisation and profit margins, etc. Bharat Electronics Limited is a better company to invest in when compared with BHEL. However, investment in either of them requires careful analysis of their financial performance and investors risk profile for which you should consult a financial advisor.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Is BHEL a government company?<\/h3><p class=\"saswp-faq-answer-text\">Yes, Bharat Heavy Electricals Limited is a central government company. As of 31 March 2025, the central government holds around 63.17% stakes in this company.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Is BEL a large-cap company?<\/h3><p class=\"saswp-faq-answer-text\">Yes, as of 22 May 2025, the market capitalization of Bharat Electronics Limited stood around 2,80,220 crores, and it belongs to the large-cap category.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>When it comes to investing, investors look for government-owned companies operating in industries which have high growth potential. Their performance is directly linked to government spending. Bharat Heavy Electricals Limited and Bharat Electronics Limited are two major entities operating in different sectors to cater to the demand for equipment used in power, infrastructure, and the [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":18287,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-18278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BHEL vs BEL Stock Comparison: Which is the Better Investment?<\/title>\n<meta name=\"description\" content=\"Know the differences between Bharat Heavy Electricals Limited (BHEL) and Bharat Electronics Limited (BEL) stocks. Learn which stock offers higher returns, better profitability, and fits your investment goals.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BHEL vs BEL -Best Defence and Manufacturing Sector Stocks\" \/>\n<meta property=\"og:description\" content=\"Know the differences between Bharat Heavy Electricals Limited (BHEL) and Bharat Electronics Limited (BEL) stocks. Learn which stock offers higher returns, better profitability, and fits your investment goals.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-24T06:49:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-28T09:53:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/BHEL-vs-BEL.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1497\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Harjyot Singh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Harjyot Singh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"BHEL vs BEL Stock Comparison: Which is the Better Investment?","description":"Know the differences between Bharat Heavy Electricals Limited (BHEL) and Bharat Electronics Limited (BEL) stocks. Learn which stock offers higher returns, better profitability, and fits your investment goals.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"BHEL vs BEL -Best Defence and Manufacturing Sector Stocks","og_description":"Know the differences between Bharat Heavy Electricals Limited (BHEL) and Bharat Electronics Limited (BEL) stocks. Learn which stock offers higher returns, better profitability, and fits your investment goals.","og_url":"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/","og_site_name":"Pocketful","article_publisher":"https:\/\/www.facebook.com\/Pocketful.HQ\/","article_published_time":"2025-05-24T06:49:41+00:00","article_modified_time":"2025-08-28T09:53:29+00:00","og_image":[{"width":1497,"height":1080,"url":"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/BHEL-vs-BEL.jpg","type":"image\/jpeg"}],"author":"Harjyot Singh","twitter_card":"summary_large_image","twitter_creator":"@Pocketful_HQ","twitter_site":"@Pocketful_HQ","twitter_misc":{"Written by":"Harjyot Singh","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#article","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/"},"author":{"name":"Harjyot Singh","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/fab7cd78b9309e1522928a9e8bf6371d"},"headline":"BHEL vs BEL -Best Defence and Manufacturing Sector Stocks","datePublished":"2025-05-24T06:49:41+00:00","dateModified":"2025-08-28T09:53:29+00:00","mainEntityOfPage":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/"},"wordCount":1101,"publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"articleSection":["Case Study"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/","url":"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/","name":"BHEL vs BEL Stock Comparison: Which is the Better Investment?","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#website"},"datePublished":"2025-05-24T06:49:41+00:00","dateModified":"2025-08-28T09:53:29+00:00","description":"Know the differences between Bharat Heavy Electricals Limited (BHEL) and Bharat Electronics Limited (BEL) stocks. Learn which stock offers higher returns, better profitability, and fits your investment goals.","breadcrumb":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wp-api.pocketful.in\/blog\/bhel-vs-bel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog Home","item":"https:\/\/wp-api.pocketful.in\/blog\/"},{"@type":"ListItem","position":2,"name":"BHEL vs BEL -Best Defence and Manufacturing Sector Stocks"}]},{"@type":"WebSite","@id":"https:\/\/wp-api.pocketful.in\/blog\/#website","url":"https:\/\/wp-api.pocketful.in\/blog\/","name":"Pocketful blog","description":"Learn Stock market trading, investing &amp; more","publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wp-api.pocketful.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization","name":"Pocketful","alternateName":"Pocketful Broker","url":"https:\/\/wp-api.pocketful.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","contentUrl":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","width":150,"height":26,"caption":"Pocketful"},"image":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Pocketful.HQ\/","https:\/\/twitter.com\/Pocketful_HQ","https:\/\/www.linkedin.com\/company\/pocketfulofprofits\/","https:\/\/www.instagram.com\/pocketful.official\/"]},{"@type":"Person","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/fab7cd78b9309e1522928a9e8bf6371d","name":"Harjyot Singh","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/61f879232c91ea73705cac5ebd9d45634f953b4f93b5d56bb8a22494a85a7a55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/61f879232c91ea73705cac5ebd9d45634f953b4f93b5d56bb8a22494a85a7a55?s=96&d=mm&r=g","caption":"Harjyot Singh"}}]}},"associated_menu_id":"12","article_history_entries":[{"type":"Edit","author":{"id":7,"name":"Pocketful Team","url":"pocketful"},"content":"Post created","date":"2025-05-24 06:22:23","id":"ah_683165a071b6d5.67323569"}],"is_paper_insight":false,"image_url_featured":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/05\/BHEL-vs-BEL.jpg","_links":{"self":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/18278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/comments?post=18278"}],"version-history":[{"count":5,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/18278\/revisions"}],"predecessor-version":[{"id":20908,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/18278\/revisions\/20908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media\/18287"}],"wp:attachment":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media?parent=18278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/categories?post=18278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/tags?post=18278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}