Home BEL vs THERMAX BEL vs THERMAX: Bharat Electronics Limited vs Thermax Limited Side-by-side comparison of key financial metrics, valuation ratios, profitability, growth, and risk-adjusted returns. Both companies are in the Industrials sector. Both are listed in India.
Quick Summary Bharat Electronics Limited is 7.2× the market cap of Thermax Limited. BEL trades at a lower P/E than THERMAX. BEL offers the higher dividend yield.
Price & Performance Metric BEL THERMAX Current Price ₹462.75 ₹4,141.40 Daily Change 1.56% 0.36% 1-Year Return 56.78% — 52-Week High ₹468.45 ₹4,141.40 52-Week Low ₹297.60 ₹2,771.00 50-Day MA ₹436.58 ₹3,221.09 200-Day MA ₹411.45 ₹3,192.27 Beta 0.31 0.01
Size & Revenue Metric BEL THERMAX Market Cap $3.37T $464.83B Enterprise Value $3.19T $452.35B Revenue (TTM) $265.35B $103.32B Shares Outstanding 7.31B 112.65M Float 3.50B 32.52M Employees 11,199 5,601
Valuation Metric BEL THERMAX Trailing P/E 56.44 68.25 Forward P/E 22.12 39.37 Price / Sales 12.69 4.50 Price / Book 15.17 9.11 EV / EBITDA 37.37 34.83
Profitability Metric BEL THERMAX Profit Margin 22.48% 6.60% Operating Margin (TTM) 27.84% 7.65% Return on Equity 29.01% 12.18% Return on Assets 10.47% 3.83% Diluted EPS (TTM) 8.16 60.46
Growth Metric BEL THERMAX Revenue Growth (YoY) 24.00% 5.10% Earnings Growth (YoY) 20.70% 76.10%
Dividends Metric BEL THERMAX Dividend Yield 0.63% 0.00% Dividend / Share 2.85 0.00
Risk-Adjusted Returns & Quality Metric BEL THERMAX Sortino (Composite) 4.03 8.56 Sharpe (Composite) 2.26 18.96 Calmar (Composite) 6.71 25.67 Hurst Exponent 0.6213 0.7157 Piotroski F-Score 8/9 4/9 Magic Formula Rank #12,308 #16,808
Ownership Metric BEL THERMAX % Insiders 5319.80% 7367.80% % Institutions 2551.00% 2095.50%
Green highlighting indicates the more favorable value for each metric. Data is for informational purposes only and may be delayed.