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Bharat Electronics vs Data Patterns India: Which Stock Should You Track

  • August 5, 2026
  • Posted by: Ankit Jaiswal
  • Category: News
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Bharat Electronics vs Data Patterns India: Which Stock Should You Track

BEL MCap Rs 2,83,875 Cr, PE 46.18x, ROE 25.27%, zero debt. Data Patterns MCap Rs 24,805 Cr, PE 92.58x, ROE 15.63%, zero debt.

Bharat Electronics vs Data Patterns India is a comparison defence investors look up when evaluating India’s largest defence PSU electronics maker against a fast-growing private sector aerospace and defence electronics specialist. Bharat Electronics Limited is a Navratna PSU manufacturing radar, communication, electronic warfare and missile systems, while Data Patterns supplies embedded electronic systems for Indian aerospace and defence programmes.

This Bharat Electronics vs Data Patterns India article covers reach and market position, key products, latest declared results and stock valuation. The Bharat Electronics vs Data Patterns India data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.

Table of Contents

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  • Bharat Electronics vs Data Patterns India: Reach and Market Position
  • Bharat Electronics vs Data Patterns India: Key Products and Business Mix
  • Bharat Electronics vs Data Patterns India: Latest Results
  • Bharat Electronics vs Data Patterns India: Stock and Valuation
  • Bharat Electronics vs Data Patterns India: Quick Comparison Table
  • Conclusion
  • Frequently Asked Questions
    • What is the main difference between BEL and Data Patterns?
    • Which company has the higher ROE?
    • Which stock trades at a lower P/E?
    • Is BEL a government company?
    • Why does Data Patterns trade at a much higher P/E?
    • What risks apply to defence stocks?
    • Should I invest in BEL or Data Patterns?

Bharat Electronics vs Data Patterns India: Reach and Market Position

On the Bharat Electronics side of the Bharat Electronics vs Data Patterns India comparison, Bharat Electronics is India’s largest defence PSU electronics company by revenue, supplying radar, fire control, communication, electronic warfare and night vision equipment to all three armed forces. Market capitalisation is Rs 2,83,875 Cr.

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On the Data Patterns India side of the Bharat Electronics vs Data Patterns India comparison, Data Patterns supplies embedded electronic hardware and software systems for aerospace and defence applications, with customers including ISRO, DRDO, HAL and the armed forces. Market capitalisation is Rs 24,805 Cr.

Bharat Electronics vs Data Patterns India: Key Products and Business Mix

In the Bharat Electronics vs Data Patterns India product comparison, Bharat Electronics offers: BEL products include radar systems, software defined radios, electronic warfare suites, electro-optics, sonar systems and missile components. It is the primary domestic supplier for major programmes including Akash missile, LCA Tejas avionics and Pinaka. P/E is 46.18x, ROE 25.27 percent, zero debt.

For Data Patterns India in this Bharat Electronics vs Data Patterns India breakdown: Data Patterns products include embedded defence electronics boards, display systems, simulation electronics and RF components for airborne, naval and ground applications. P/E is 92.58x, ROE 15.63 percent, zero debt.

Bharat Electronics vs Data Patterns India: Latest Results

The Bharat Electronics vs Data Patterns India results for Bharat Electronics: BEL has a market cap of Rs 2,83,875 Cr and P/E of 46.18x. ROE is 25.27 percent with zero debt and a dividend yield of 0.64 percent. EPS is Rs 8.41.

The Bharat Electronics vs Data Patterns India results for Data Patterns India: Data Patterns has a market cap of Rs 24,805 Cr and P/E of 92.58x. ROE is 15.63 percent with zero debt and a dividend yield of 0.23 percent. EPS is Rs 47.86.

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Bharat Electronics vs Data Patterns India: Stock and Valuation

The Bharat Electronics vs Data Patterns India stock comparison uses the latest available market data from Groww. Investors tracking Bharat Electronics vs Data Patterns India should verify current prices on NSE or BSE before trading.

BEL trades at a market cap of Rs 2,83,875 Cr and P/E of 46.18x, delivering an industry-leading ROE of 25.27 percent for a capital goods company. Data Patterns trades at Rs 24,805 Cr market cap and P/E of 92.58x, at a rich premium to BEL, reflecting the market’s expectations of faster growth from a smaller base.

Bharat Electronics vs Data Patterns India: Quick Comparison Table

The Bharat Electronics vs Data Patterns India comparison table below summarises the key metrics covered in this article side by side.

Parameter Bharat Electronics Data Patterns India
Sector Defence PSU electronics Private defence and aerospace electronics
Market Cap Rs 2,83,875 Cr Rs 24,805 Cr
P/E Ratio 46.18x 92.58x
ROE 25.27% 15.63%
Debt to Equity 0.00 0.00
Key programmes Akash, LCA, Pinaka, Sonar systems ISRO payloads, airborne and naval electronics
Ownership PSU (Navratna) Private promoter-managed

Conclusion

The Bharat Electronics vs Data Patterns India comparison above covers the key data points on reach, products, results and valuation. Bharat Electronics vs Data Patterns India offer scale versus growth premium within defence electronics. BEL delivers a high ROE from its dominant PSU franchise at a more moderate valuation, while Data Patterns is priced for faster growth from a smaller base. Investors should review order books and programme execution and consult a SEBI-registered advisor before investing.

Download the Univest iOS App or Univest Android App to track Bharat Electronics and Data Patterns India live price and get daily stock recommendations.

Disclaimer: Data and figures in this article are sourced from publicly available information, including company results filings and exchange data, and are current as of the time of writing. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

What is the main difference between BEL and Data Patterns?

Ans. BEL is India’s largest defence PSU electronics company with an order book spanning radar, communications and missiles. Data Patterns is a private defence electronics company supplying embedded systems for ISRO, HAL and DRDO.

Which company has the higher ROE?

Ans. BEL has an ROE of 25.27 percent, higher than Data Patterns at 15.63 percent.

Which stock trades at a lower P/E?

Ans. BEL trades at 46.18x trailing earnings, lower than Data Patterns at 92.58x.

Is BEL a government company?

Ans. Yes. BEL is a Navratna PSU under the Ministry of Defence.

Why does Data Patterns trade at a much higher P/E?

Ans. Data Patterns trades at a premium because the market expects faster revenue growth from its smaller base as a private sector beneficiary of defence indigenisation.

What risks apply to defence stocks?

Ans. Both companies face risk from defence budget variability, programme delays, import substitution timelines and competition from other domestic suppliers.

Should I invest in BEL or Data Patterns?

Ans. This depends on your preference between a high-ROE, lower-valuation PSU and a premium-valued private growth story. Review order books and consult a SEBI-registered advisor before investing.



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Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

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