Nifty
:
25476.10
Sensex
:
83536.08
-46.40 (-0.18%)
-176.43 (-0.21%)
Nifty
Sensex
:
:
25476.10
83536.08
-46.40 (-0.18%)
-176.43 (-0.21%)

Bharat Electronics Ltd.

Engineering - Industrial Equipments

Rating :
71/99

BSE: 500049 | NSE: BEL

NSE BSE
417.65
09-Jul-2025
  • Open
  • High
  • Low
  • Previous Close
  •  423.95
  •  424
  •  416.5
  •  422.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  14956297
  •  6272923770.15
  •  436
  •  240.25

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 3,05,402.56
  • 57.39
  • 1
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 2,95,857.46
  • 0.57%
  • 15.29

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 51.14%
  • 0.59%
  • 9.33%
  • FII
  • DII
  • Others
  • 17.55%
  • 19.18%
  • 2.21%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.07
  • 9.34
  • 9.66

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 15.28
  • 14.02
  • 7.95

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.66
  • 17.08
  • 18.77

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 23.20
  • 27.04
  • 37.54

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 5.59
  • 6.87
  • 9.02

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 16.34
  • 19.54
  • 24.86

Earnings Forecasts:

(Updated: 06-06-2025)
Description
2024
2025
2026
2027
Adj EPS
5.45
7.28
7.91
9.35
P/E Ratio
76.63
57.37
52.80
44.67
Revenue
19905
23769
27537
32354
EBITDA
5046
6834
7415
8772
Net Income
3985
5321
5795
6846
ROA
10.6
13.2
14.4
14.7
P/B Ratio
18.98
15.29
13.35
11.42
ROE
26.4
29.32
26.8
27.14
FCFF
4442
243
5056
4827
FCFF Yield
1.61
0.09
1.83
1.75
Net Debt
-10994
-9484
-11624
-13649
BVPS
22
27.32
31.28
36.58

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Net Sales
9,149.59
8,564.08
6.84%
5,770.69
4,162.16
38.65%
4,604.90
4,009.06
14.86%
4,243.57
3,532.94
20.11%
Expenses
6,333.53
6,276.85
0.90%
4,101.20
3,089.66
32.74%
3,204.95
2,994.89
7.01%
3,295.37
2,860.43
15.21%
EBITDA
2,816.06
2,287.23
23.12%
1,669.49
1,072.50
55.66%
1,399.95
1,014.17
38.04%
948.20
672.51
40.99%
EBIDTM
30.78%
26.71%
28.93%
25.77%
30.40%
25.30%
22.34%
19.04%
Other Income
194.64
225.43
-13.66%
186.38
167.42
11.32%
157.76
137.06
15.10%
203.58
140.23
45.18%
Interest
5.86
4.05
44.69%
1.32
0.51
158.82%
1.32
1.51
-12.58%
1.18
1.07
10.28%
Depreciation
137.58
118.54
16.06%
110.93
107.46
3.23%
111.19
108.26
2.71%
107.68
108.94
-1.16%
PBT
2,867.26
2,390.07
19.97%
1,743.62
1,131.95
54.04%
1,445.20
1,041.46
38.77%
1,042.92
702.73
48.41%
Tax
746.25
604.41
23.47%
442.35
283.83
55.85%
361.32
260.73
38.58%
261.93
174.13
50.42%
PAT
2,121.01
1,785.66
18.78%
1,301.27
848.12
53.43%
1,083.88
780.73
38.83%
780.99
528.60
47.75%
PATM
23.18%
20.85%
22.55%
20.38%
23.54%
19.47%
18.40%
14.96%
EPS
2.91
2.46
18.29%
1.79
1.18
51.69%
1.49
1.08
37.96%
1.08
0.74
45.95%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
23,768.75
20,268.24
17,734.44
15,368.18
14,108.69
12,967.67
12,164.17
10,400.80
8,668.34
7,353.77
7,092.63
Net Sales Growth
17.27%
14.29%
15.40%
8.93%
8.80%
6.61%
16.95%
19.99%
17.88%
3.68%
 
Cost Of Goods Sold
12,187.23
10,576.32
9,827.56
8,866.57
7,786.68
7,069.54
5,906.96
5,481.63
4,392.30
3,809.62
3,897.96
Gross Profit
11,581.52
9,691.92
7,906.88
6,501.61
6,322.01
5,898.13
6,257.21
4,919.17
4,276.04
3,544.15
3,194.67
GP Margin
48.73%
47.82%
44.58%
42.31%
44.81%
45.48%
51.44%
47.30%
49.33%
48.20%
45.04%
Total Expenditure
16,935.05
15,397.40
13,737.59
12,046.07
10,923.60
10,440.43
9,396.54
8,617.91
6,955.01
6,020.82
5,917.44
Power & Fuel Cost
-
57.21
46.81
43.13
38.12
41.60
43.88
37.78
37.99
45.85
44.61
% Of Sales
-
0.28%
0.26%
0.28%
0.27%
0.32%
0.36%
0.36%
0.44%
0.62%
0.63%
Employee Cost
-
2,489.49
2,317.34
2,128.01
1,955.89
2,074.74
1,895.14
1,787.57
1,559.44
1,267.21
1,281.00
% Of Sales
-
12.28%
13.07%
13.85%
13.86%
16.00%
15.58%
17.19%
17.99%
17.23%
18.06%
Manufacturing Exp.
-
183.46
156.72
197.16
343.50
145.43
156.14
165.84
139.87
158.73
185.28
% Of Sales
-
0.91%
0.88%
1.28%
2.43%
1.12%
1.28%
1.59%
1.61%
2.16%
2.61%
General & Admin Exp.
-
272.39
220.24
155.09
117.04
196.51
218.50
183.97
169.48
149.69
143.03
% Of Sales
-
1.34%
1.24%
1.01%
0.83%
1.52%
1.80%
1.77%
1.96%
2.04%
2.02%
Selling & Distn. Exp.
-
58.28
48.98
47.00
34.93
61.31
60.00
58.22
35.18
37.85
24.91
% Of Sales
-
0.29%
0.28%
0.31%
0.25%
0.47%
0.49%
0.56%
0.41%
0.51%
0.35%
Miscellaneous Exp.
-
1,760.25
1,119.94
609.11
647.44
851.30
1,115.92
902.90
620.75
551.87
24.91
% Of Sales
-
8.68%
6.32%
3.96%
4.59%
6.56%
9.17%
8.68%
7.16%
7.50%
4.80%
EBITDA
6,833.70
4,870.84
3,996.85
3,322.11
3,185.09
2,527.24
2,767.63
1,782.89
1,713.33
1,332.95
1,175.19
EBITDA Margin
28.75%
24.03%
22.54%
21.62%
22.58%
19.49%
22.75%
17.14%
19.77%
18.13%
16.57%
Other Income
742.36
850.63
373.71
253.81
153.62
330.68
214.77
452.22
498.74
599.57
511.67
Interest
9.68
12.06
18.83
8.55
9.61
7.66
15.93
6.36
17.87
9.74
7.44
Depreciation
467.38
443.20
428.82
401.13
387.32
371.86
338.13
271.72
211.63
191.96
166.15
PBT
7,099.00
5,266.21
3,922.91
3,166.24
2,941.78
2,478.40
2,628.34
1,957.03
1,982.57
1,730.82
1,513.27
Tax
1,811.85
1,323.10
982.56
811.78
872.44
685.77
780.31
549.78
485.54
427.22
316.22
Tax Rate
25.52%
25.12%
25.05%
25.64%
29.66%
27.67%
29.69%
28.09%
24.49%
24.68%
20.90%
PAT
5,287.15
3,942.39
2,938.53
2,353.11
2,068.52
1,791.76
1,847.76
1,407.94
1,497.24
1,304.24
1,197.21
PAT before Minority Interest
5,285.91
3,943.11
2,940.35
2,354.46
2,069.34
1,792.63
1,848.03
1,407.25
1,497.03
1,303.60
1,197.05
Minority Interest
-1.24
-0.72
-1.82
-1.35
-0.82
-0.87
-0.27
0.69
0.21
0.64
0.16
PAT Margin
22.24%
19.45%
16.57%
15.31%
14.66%
13.82%
15.19%
13.54%
17.27%
17.74%
16.88%
PAT Growth
34.09%
34.16%
24.88%
13.76%
15.45%
-3.03%
31.24%
-5.96%
14.80%
8.94%
 
EPS
7.23
5.39
4.02
3.22
2.83
2.45
2.53
1.93
2.05
1.78
1.64

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Shareholder's Funds
16,326.47
13,861.63
12,285.93
11,059.58
10,071.53
9,211.50
8,015.68
7,735.77
9,246.16
8,317.71
Share Capital
730.98
730.98
243.66
243.66
243.66
243.66
243.66
223.36
240.00
80.00
Total Reserves
15,595.49
13,130.65
12,042.27
10,815.92
9,827.87
8,967.84
7,772.02
7,512.41
9,006.16
8,237.71
Non-Current Liabilities
580.88
542.29
1,406.33
1,122.09
898.19
675.02
605.56
567.01
443.74
1,027.63
Secured Loans
0.00
0.00
0.00
0.00
0.00
0.00
33.33
16.67
0.00
0.35
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
967.28
844.65
1,805.32
1,412.03
1,164.27
923.64
818.60
891.50
700.19
1,364.62
Current Liabilities
22,026.73
20,565.78
19,581.04
16,829.55
12,865.72
10,448.75
9,896.18
8,750.83
8,451.04
7,896.66
Trade Payables
3,706.31
3,330.38
3,369.30
3,298.90
2,450.13
1,434.05
1,368.99
1,297.37
1,162.26
1,184.33
Other Current Liabilities
17,625.61
16,607.86
15,787.23
13,180.37
10,081.08
8,533.88
8,059.45
7,022.81
6,967.99
5,405.62
Short Term Borrowings
0.00
0.00
0.00
0.00
0.00
0.00
13.70
13.58
28.39
24.73
Short Term Provisions
694.81
627.54
424.51
350.28
334.51
480.82
454.04
417.07
292.40
1,281.98
Total Liabilities
38,952.00
34,987.45
33,289.64
29,026.21
23,849.61
20,348.57
18,530.45
17,067.33
18,145.71
17,248.11
Net Block
3,035.17
2,962.80
2,675.19
2,652.06
2,712.50
2,297.50
1,838.94
1,500.98
1,231.84
1,073.01
Gross Block
6,037.75
5,541.08
4,832.18
4,415.33
4,092.34
3,308.76
2,512.18
1,902.36
1,421.87
2,894.40
Accumulated Depreciation
3,002.58
2,578.28
2,156.99
1,763.27
1,379.84
1,011.26
673.24
401.38
190.03
1,821.39
Non Current Assets
4,889.02
4,939.71
5,995.93
5,312.90
5,111.52
4,474.13
4,225.93
3,000.83
2,313.05
2,311.75
Capital Work in Progress
893.72
854.94
1,006.04
882.68
827.98
849.03
940.05
742.81
429.79
140.33
Non Current Investment
682.23
649.99
1,572.02
1,306.02
1,110.41
964.52
937.45
491.08
462.46
0.05
Long Term Loans & Adv.
51.22
48.49
706.26
428.73
377.26
270.62
280.29
183.60
140.05
1,008.72
Other Non Current Assets
226.64
423.43
36.35
43.41
83.37
92.46
229.20
82.36
48.91
89.64
Current Assets
34,062.98
30,047.74
27,293.71
23,713.31
18,738.09
15,874.44
14,304.52
14,066.50
15,832.66
14,936.36
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
7,446.89
6,448.04
5,591.90
4,967.98
3,958.30
4,443.35
4,579.36
4,881.67
4,157.01
3,424.21
Sundry Debtors
7,392.38
7,033.48
6,108.09
6,561.99
6,724.02
5,373.67
5,014.30
4,368.26
3,721.91
3,805.32
Cash & Bank
11,056.59
8,111.58
7,563.74
5,073.76
1,660.50
971.87
841.07
3,827.19
7,216.11
6,037.92
Other Current Assets
8,167.12
254.86
171.64
126.14
6,395.27
5,085.55
3,869.79
989.38
737.63
1,668.90
Short Term Loans & Adv.
7,842.62
8,199.78
7,858.34
6,983.44
6,293.40
2,066.63
1,714.36
791.34
453.67
1,596.35
Net Current Assets
12,036.25
9,481.96
7,712.67
6,883.76
5,872.37
5,425.69
4,408.34
5,315.67
7,381.62
7,039.70
Total Assets
38,952.00
34,987.45
33,289.64
29,026.21
23,849.61
20,348.57
18,530.45
17,067.33
18,145.71
17,248.11

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Cash From Operating Activity
4,659.49
1,199.26
4,207.22
5,093.22
2,570.41
1,513.88
-686.59
-60.94
2,260.06
1,433.74
PBT
5,308.34
3,968.80
3,212.00
2,972.20
2,510.49
2,666.98
1,980.81
2,008.91
1,763.97
1,513.27
Adjustment
1,073.98
832.02
265.63
449.29
328.33
412.12
114.73
-277.85
-275.93
-170.25
Changes in Working Capital
-304.46
-2,534.23
1,533.88
2,204.80
305.83
-793.43
-2,130.18
-1,161.21
1,202.31
436.19
Cash after chg. in Working capital
6,077.86
2,266.59
5,011.51
5,626.29
3,144.65
2,285.67
-34.64
569.85
2,690.35
1,779.20
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,418.37
-1,067.33
-804.29
-533.07
-574.24
-771.79
-681.42
-649.82
-430.29
-355.55
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
29.47
19.03
0.00
10.08
Cash From Investing Activity
-5,923.85
2,707.65
-4,871.66
-2,595.22
-648.96
-895.94
-6.41
3,114.65
-1,470.34
-839.15
Net Fixed Assets
-534.36
-531.17
-539.13
-376.14
-743.14
-681.99
-779.27
-696.70
1,048.47
-201.40
Net Investments
-103.39
889.84
-222.97
-169.51
-142.39
-116.11
-443.44
-140.58
-300.12
-7.14
Others
-5,286.10
2,348.98
-4,109.56
-2,049.57
236.57
-97.84
1,216.30
3,951.93
-2,218.69
-630.61
Cash from Financing Activity
-1,475.01
-1,262.08
-1,077.60
-1,075.73
-1,060.52
-662.67
-1,202.38
-2,856.80
-317.70
-209.02
Net Cash Inflow / Outflow
-2,739.37
2,644.83
-1,742.04
1,422.27
860.93
-44.73
-1,895.38
196.91
472.02
385.56
Opening Cash & Equivalents
3,945.69
1,300.86
3,042.90
1,620.63
759.70
804.43
2,699.81
2,502.90
2,030.88
1,785.57
Closing Cash & Equivalent
1,206.32
3,945.69
1,300.86
3,042.90
1,620.63
759.70
804.43
2,699.81
2,502.90
2,171.13

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
22.34
18.96
16.81
15.13
41.33
37.80
32.90
31.49
35.02
31.50
ROA
10.67%
8.61%
7.56%
7.83%
8.11%
9.51%
7.91%
8.50%
7.57%
7.09%
ROE
26.12%
22.49%
20.17%
19.59%
18.59%
21.45%
17.87%
17.63%
14.84%
15.20%
ROCE
34.97%
30.15%
27.20%
27.92%
25.73%
30.50%
24.70%
23.43%
19.76%
19.27%
Fixed Asset Turnover
3.50
3.42
3.33
3.32
3.50
4.18
4.75
5.55
3.58
2.70
Receivable days
129.89
135.23
150.36
171.81
170.26
155.85
163.31
160.12
177.73
204.28
Inventory Days
125.11
123.90
125.32
115.43
118.24
135.37
164.67
178.90
179.01
173.56
Payable days
121.42
124.41
137.25
134.74
72.42
60.79
63.45
67.95
78.35
78.60
Cash Conversion Cycle
133.58
134.72
138.42
152.51
216.07
230.43
264.53
271.07
278.38
299.25
Total Debt/Equity
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.01
0.00
0.00
Interest Cover
437.67
209.33
371.32
307.12
324.55
165.99
308.71
111.94
178.70
204.26

Annual Reports:

FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • Bharat Electronics signs contract with Indian Navy
    9th Jul 2025, 15:00 PM

    The project will bring in an integrated approach to data collation, analysis and information sharing amongst the various maritime stakeholders

    Read More
  • Bharat Electronics secures additional orders worth Rs 528 crore
    1st Jul 2025, 10:12 AM

    The company has received orders for radars, communication equipment, EVMs, jammers, shelters, control centre, spares, services etc

    Read More
  • Bharat Electronics secures additional orders worth Rs 585 crore
    21st Jun 2025, 10:39 AM

    The orders are for fire control and sighting system for missiles, communication equipment, jammers, spares, services etc

    Read More
  • Bharat Electronics inks MoU with Tata Electronics
    6th Jun 2025, 18:30 PM

    The MoU is for development of indigenous electronics and semiconductor solutions in line with the Government of India's vision for self-reliance

    Read More
  • Bharat Electronics secures orders worth Rs 2,323 crore
    5th Jun 2025, 16:59 PM

    The order is for supply of base and depot spares for the missile systems on Indian Naval ships

    Read More
  • Bharat Electronics secures additional orders worth Rs 537 crore
    4th Jun 2025, 15:52 PM

    Major orders received include communication equipment, advanced composite communication system

    Read More
  • Bharat Electronics reports 18% rise in Q4 consolidated net profit
    20th May 2025, 12:12 PM

    The total consolidated income of the company increased by 6.31% at Rs 9344.23 crore for Q4FY25

    Read More
  • Bharat Electronics - Quarterly Results
    19th May 2025, 18:18 PM

    Read More
  • Bharat Electronics secures additional orders worth Rs 572 crore
    17th May 2025, 10:26 AM

    The orders are for IDDIS, SDR and DCU for attack guns, AI based solutions for ships, simulators, communication equipment, jammers, spares, services etc.

    Read More
  • Bharat Electronics signs contract worth Rs 2,210 crore with Ministry of Defence
    8th Apr 2025, 09:28 AM

    With this, BEL has now accumulated orders totalling Rs.2,803 crore in the current financial year

    Read More
  • Bharat Electronics signs contract worth Rs 593.22 crore
    3rd Apr 2025, 11:59 AM

    The contract is for providing maintenance services for the Akash Missile System

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.