Defence stocks in India: 12 NSE companies

    We track 12 Defence stocks listed on NSE. The largest by market capitalisation are Hindustan Aeronautics, Bharat Electronics and Bharat Heavy Electricals. Their median P/E is 33.9 and median return on equity 12.7%.

    All Defence stocks, by market cap

    #CompanyPriceM-capP/EP/BROESales YoY
    1Hindustan AeronauticsHAL₹4,795.5₹320.7K Cr34.457.8624.0%+14.4%
    2Bharat ElectronicsBEL₹397.5₹290.6K Cr47.2112.3727.6%+24.9%
    3Bharat Heavy ElectricalsBHEL₹429.35₹149.5K Cr61.425.786.3%+40.3%
    4Power Finance CorpPFC₹345.5₹114.0K Cr4.380.8026.8%-0.0%
    5Indian Railway FinanceIRFC₹79.99₹104.5K Cr14.571.8512.8%+19.5%
    6Mazagon Dock ShipbuildersMAZDOCK₹2,206.8₹89.0K Cr33.269.2229.1%+12.1%
    7REC LtdRECLTD₹308.65₹81.2K Cr5.080.9720.1%-2.0%
    8Rail Vikas NigamRVNL₹210.6₹43.9K Cr48.864.469.0%+10.5%
    9Bharat DynamicsBDL₹1,170.8₹42.9K Cr82.2210.5310.2%+130.6%
    10Cochin ShipyardCOCHINSHIP₹1,384.6₹36.4K Cr53.546.9712.5%+2.3%
    11Container CorpCONCOR₹472₹35.9K Cr28.873.009.8%+0.3%
    12Ircon InternationalIRCON₹109.13₹10.3K Cr16.611.549.2%+9.5%

    Sector as classified in our tracked universe. Prices are end-of-day snapshots and refresh live on each stock's page. Not investment advice.

    FAQ

    Defence stocks: common questions

    Answered from the figures on this page.

    This page covers the 12 Defence companies in the universe we track, not every listed company in the sector.

    By market capitalisation: Hindustan Aeronautics, Bharat Electronics and Bharat Heavy Electricals.

    The median P/E across the 12 tracked Defence stocks is 33.9, counting profitable companies only.