Which stock is cheaper: BEML or HAL?

Based on Price to Earnings, BEML trades at a P/E of 93.2 while HAL trades at a P/E of 35.2.

Does BEML or HAL have higher ROCE?

BEML generates an ROCE of 13.9% compared to HAL's ROCE of 8.8%.

BEML LIMITED (BEML) has a market cap of ₹16,853 Cr compared to HINDUSTAN AERONAUTICS LTD (HAL) with ₹3,28,034 Cr.

BEMLIndustrials

Leads (3/5)

₹1,988.60+0.64%

Market Cap: ₹16,853 Cr

HALIndustrials

₹4,853.70-0.33%

Market Cap: ₹3,28,034 Cr

Automated quantitative breakdown of fundamental strengths between BEML and HAL.

Attractive ValuationHAL (P/E 35.2)Trades at lower Price-to-Earnings

Capital EfficiencyBEML (ROCE 13.9%)Superior operating return on capital

Balance Sheet SafetyHALLower debt-to-equity ratio

Shareholder YieldBEML (4.53%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	BEML	HAL
Valuation Multiples
Market Capitalization	₹16,853 Cr	₹3,28,034 Cr
Price to Earnings (P/E)	93.19	35.19
Price to Book (P/B)	5.79	N/A
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	13.88%	8.84%
Return on Equity (ROE)	11.58%	N/A
Operating Profit Margin (OPM)	6.31%	36.81%
Net Profit Margin (NPM)	6.56%	30.10%
Balance Sheet & Solvency
Debt to Equity Ratio	0.11	0.03
Dividend Yield	4.53%	0.91%
Historical Growth
3-Year Sales Growth (CAGR)	12.75%	-14.49%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹820 Cr	₹5,515 Cr
Quarterly Net Profit	₹-27 Cr	₹1,590 Cr