Bharat Electronics vs Cochin Shipyard: share price, P/E, ROE and financials compared
Bharat Electronics
Cochin Shipyard
Bharat Electronics and Cochin Shipyard at a glance
Bharat Electronics and Cochin Shipyard are both listed in Capital Goods. Bharat Electronics is the larger by market cap, at ₹2.9L Cr against ₹32,096 Cr for Cochin Shipyard (9.0 times as large). On valuation, Bharat Electronics has the lower P/E (45.3× against 47.2×), while Cochin Shipyard has the lower price-to-book (5.46× against 11.01×). On returns and margins, Bharat Electronics has the higher ROCE (31.9% against 16.7%), the higher ROE (26.7% against 12.5%) and the higher operating margin (28.2% against 12.6%). Over three years, Cochin Shipyard has faster 3-year sales growth (+26.9% against +15.5% a year) and faster 3-year profit growth (+33.0% against +26.6% a year). Bharat Electronics carries less debt for its equity, with a debt-to-equity of 0.00× against 0.28×.
Key metrics, side by side
| Metric | Bharat ElectronicsBEL | Cochin ShipyardCOCHINSHIP |
|---|---|---|
| Price (₹) | 396.00 | 1,220.00 |
| Market cap (₹ Cr) | 2,89,467 | 32,096 |
| P/E | 45.3× (the lower figure, shaded) | 47.2× |
| P/B | 11.01× | 5.46× (the lower figure, shaded) |
| Dividend yield, trailing | 0.63% | 0.74% (the higher figure, shaded) |
| ROE | 26.7% (the higher figure, shaded) | 12.5% |
| ROCE | 31.9% (the higher figure, shaded) | 16.7% |
| Operating margin (OPM) | 28.2% (the higher figure, shaded) | 12.6% |
| Net margin (NPM) | 21.2% (the higher figure, shaded) | 13.5% |
| Sales CAGR 3Y | +15.5% | +26.9% (the higher figure, shaded) |
| Profit CAGR 3Y | +26.6% | +33.0% (the higher figure, shaded) |
| Debt to equity | 0.00× (the lower figure, shaded) | 0.28× |
| Interest cover | 1239.9× (the higher figure, shaded) | 11.8× |
| Net profit TTM (₹ Cr) | 6,399 | 680 |
| 1Y return | −4.8% (the higher figure, shaded) | −30.3% |
| Promoter holding | 51.14% | 63.33% |
Bharat Electronics vs Cochin Shipyard: common questions
Which is bigger, Bharat Electronics or Cochin Shipyard?
By market cap, Bharat Electronics is bigger at ₹2.9L Cr, against ₹32,096 Cr for Cochin Shipyard (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹6,399 Cr for Bharat Electronics and ₹680 Cr for Cochin Shipyard.
Which has a lower P/E ratio, Bharat Electronics or Cochin Shipyard?
Bharat Electronics trades at a P/E of 45.3× and Cochin Shipyard at 47.2×. Bharat Electronics has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Bharat Electronics or Cochin Shipyard?
Bharat Electronics reports a return on equity of 26.7% and Cochin Shipyard 12.5%. Bharat Electronics has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Bharat Electronics or Cochin Shipyard?
Over the last three years: Sales grew +15.5% a year at Bharat Electronics and +26.9% at Cochin Shipyard, so Cochin Shipyard grew sales faster; profit grew +26.6% a year at Bharat Electronics and +33.0% at Cochin Shipyard, so Cochin Shipyard grew profit faster. Past growth doesn’t predict future growth.