Bharat Electronics (500049) Stock Overview
Designs, manufactures, and supplies electronic equipment and systems for the defense and civilian markets in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
500049 Community Fair Values
Create NarrativeSee what 77 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Bharat Electronics Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹414.90 |
| 52 Week High | ₹473.25 |
| 52 Week Low | ₹361.05 |
| Beta | 0.25 |
| 1 Month Change | 3.12% |
| 3 Month Change | -6.19% |
| 1 Year Change | 1.38% |
| 3 Year Change | 226.44% |
| 5 Year Change | 592.85% |
| Change since IPO | 94,109.17% |
Recent News & Updates
Narrative Update • Jun 30
500049: Growing Defence Orders Will Support Bullish Long Term Outlook
The analyst fair value estimate for Bharat Electronics has been adjusted from ₹565 to ₹585, with analysts citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What’s in the News for Bharat Electronics Bharat Electronics reported additional orders worth ₹1,081 crore since the last disclosure on May 25, 2026, covering communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares and services.
Narrative Update • Jun 16
500049: Defence Electronics Order Momentum Will Drive Long Term Upside
The analyst fair value estimate for Bharat Electronics has been adjusted slightly lower from ₹493.43 to ₹490.18. Analysts point to updated assumptions around discount rate, revenue growth, profit margin and future P/E to support the revised price target.
Narrative Update • Jun 02
500049: Defence Contracts And Dividend Outlook Will Keep Shares Fairly Valued
Analysts have adjusted their price target for Bharat Electronics to ₹394.35 from ₹369.44, reflecting updated assumptions on the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Bharat Electronics has scheduled a board meeting on May 19, 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider a final dividend for FY 2025-26.Narrative Update • May 04
500049: Defence Electronics Orders And Dividend Will Drive Long Term Upside
Analysts have adjusted their price target on Bharat Electronics slightly higher to approximately ₹493 from ₹486, reflecting updated views on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Bharat Electronics reported fresh orders worth ₹5,690 million at the start of FY 2026-27, covering avionics, electronic warfare systems, high energy laser solutions, communication equipment, tank subsystems, laser based fuzes, test equipment, upgrades, spares and services (Client announcement).Recent updates
Narrative Update • Jun 30
500049: Growing Defence Orders Will Support Bullish Long Term Outlook
The analyst fair value estimate for Bharat Electronics has been adjusted from ₹565 to ₹585, with analysts citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What’s in the News for Bharat Electronics Bharat Electronics reported additional orders worth ₹1,081 crore since the last disclosure on May 25, 2026, covering communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares and services.Narrative Update • Jun 16
500049: Defence Electronics Order Momentum Will Drive Long Term Upside
The analyst fair value estimate for Bharat Electronics has been adjusted slightly lower from ₹493.43 to ₹490.18. Analysts point to updated assumptions around discount rate, revenue growth, profit margin and future P/E to support the revised price target.Narrative Update • Jun 02
500049: Defence Contracts And Dividend Outlook Will Keep Shares Fairly Valued
Analysts have adjusted their price target for Bharat Electronics to ₹394.35 from ₹369.44, reflecting updated assumptions on the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Bharat Electronics has scheduled a board meeting on May 19, 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider a final dividend for FY 2025-26.Narrative Update • May 04
500049: Defence Electronics Orders And Dividend Will Drive Long Term Upside
Analysts have adjusted their price target on Bharat Electronics slightly higher to approximately ₹493 from ₹486, reflecting updated views on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Bharat Electronics reported fresh orders worth ₹5,690 million at the start of FY 2026-27, covering avionics, electronic warfare systems, high energy laser solutions, communication equipment, tank subsystems, laser based fuzes, test equipment, upgrades, spares and services (Client announcement).Narrative Update • Apr 19
500049: New Defence Orders And Dividend Will Still Leave Shares Overpriced
Analysts have modestly raised their fair value estimate for Bharat Electronics to ₹369.44 from ₹356.36, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Bharat Electronics reported additional orders worth ₹16.6b since the last disclosure on 17 March 2026, spanning satellite communication networks, electronic warfare systems, avionics, software solutions, munitions, EVMs, and various upgrades, spares and services (Key Developments).Narrative Update • Apr 05
500049: New Defence Orders And Dividend Will Still Leave Shares Overpriced
Analysts have modestly raised their fair value estimate for Bharat Electronics from about ₹353 to roughly ₹356, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News Bharat Electronics signed an MoU with RRP Electronics and RRP Defense to jointly pursue work in semiconductors, electro optics, unmanned systems and other defence technologies, with a focus on indigenisation, capability building and potential export opportunities (Key Developments).Narrative Update • Mar 22
500049: Defence Electronics Order Wins And Dividend Will Support Long Term Upside
Analysts have kept the price target for Bharat Electronics steady at about ₹485.56 per share, with only marginal fine tuning to inputs such as the discount rate and assumed future P/E. This reflects largely unchanged views on the stock’s valuation drivers.Narrative Update • Mar 08
500049: Defence Electronics Orders And Dividend Will Support Balanced Long Term Outlook
Analysts have adjusted their price target for Bharat Electronics from ₹463.81 to ₹485.56, citing updated assumptions on discount rate, revenue growth, profit margins, and future P/E as the key drivers of this change. What's in the News Bharat Electronics declared an interim dividend of ₹1.95 per equity share of face value ₹1, for the 2025-26 financial year, with payment expected within 30 days of the 27 February 2026 board decision (company announcement).Narrative Update • Feb 21
500049: Defence Order Wins And Dividend Plans Will Not Justify Current Pricing
Analysts have lifted their price target on Bharat Electronics by roughly ₹40 to ₹353, citing updated assumptions that include a revised fair value estimate, a slightly lower discount rate, a recalibration of expected revenue growth, a higher profit margin outlook, and a modest change in the future P/E multiple. What's in the News Bharat Electronics has scheduled a board meeting on February 27, 2026, to consider, among other items, the declaration of an interim dividend for FY 2025-26 (company filing).Narrative Update • Feb 07
500049: Future Order Wins Will Support Bullish Long Term Outlook
Analysts have lifted their price target for Bharat Electronics to ₹565 from ₹547.77, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E, which together support a higher fair value estimate. What's in the News Bharat Electronics has secured additional orders worth INR 6.1b since the last disclosure on 8 January 2026, including communication equipment, medical electronics, thermal imagers, jammers, spares and services (company announcement).Narrative Update • Jan 24
500049: Defence Electronics Orders Will Support Constructive Long Term Outlook
Analysts have adjusted their price target for Bharat Electronics to ₹463.81, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E. These changes slightly refine, rather than materially shift, their prior view.Narrative Update • Jan 09
500049: Defence And Aerospace Orders Will Support Steady Outlook Ahead
Analysts have made a small upward tweak to their fair value estimate for Bharat Electronics to ₹463.81 from ₹462.85, reflecting slightly adjusted views on the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Bharat Electronics reported receiving orders worth ₹5,960 million since January 1, 2026, covering software solutions, drone detection systems, upgrades, spares, services and jamming terminals (Client Announcements).Narrative Update • Dec 14
500049: Defence And Aerospace Orders Will Drive Strong Upside Ahead
Analysts have modestly raised their price target on Bharat Electronics by Rs 0.00, reflecting slightly higher assumed discount rates and future earnings multiples, while keeping core growth and margin expectations broadly unchanged. What's in the News Bharat Electronics has secured additional defence and allied orders worth INR 8,710 million, including fire control systems, thermal imagers, ground support equipment, upgrades, spares and services (company disclosure).Narrative Update • Nov 29
500049: New Defence Orders Will Drive Upward Momentum Over Coming Year
Analysts have slightly increased their price target for Bharat Electronics from ₹458.74 to ₹462.85. This reflects marginal improvements in fair value estimates based on updated model inputs.Narrative Update • Nov 15
500049: Order Wins And Margin Expansion Will Sustain Measured Outlook
Analysts have raised their price target for Bharat Electronics from ₹434.67 to ₹458.74. They cite improvements in profit margin and a lower discount rate as key factors in their updated valuation.Narrative Update • Oct 31
500049: Recent Defence Orders And Partnerships Will Support Future Performance
Analysts have modestly raised their price target for Bharat Electronics from ₹430.29 to ₹434.67. This change reflects updated assessments of the company's long-term value drivers.
New Narrative • Nov 07
Strategic Expansion Into Cyber Security And Unmanned Systems Promises Robust Future Growth
Strategic expansion into new areas aims to diversify revenue with high-margin products and services like cyber security and unmanned systems.Shareholder Returns
| 500049 | IN Aerospace & Defense | IN Market | |
|---|---|---|---|
| 7D | -0.7% | -0.6% | 0.3% |
| 1Y | 1.4% | -5.1% | -0.09% |
Return vs Industry: 500049 exceeded the Indian Aerospace & Defense industry which returned -5.1% over the past year.
Return vs Market: 500049 exceeded the Indian Market which returned -0.1% over the past year.
Price Volatility
| 500049 volatility | |
|---|---|
| 500049 Average Weekly Movement | 3.1% |
| Aerospace & Defense Industry Average Movement | 7.5% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 3.9% |
Stable Share Price: 500049 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 500049's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1954 | 11,199 | Manoj Jain | www.bel-india.in |
Bharat Electronics Limited designs, manufactures, and supplies electronic equipment and systems for the defense and civilian markets in India. The company’s defense products include defense communication products, land-based radars, naval systems, electronic warfare systems, avionics, electro optics, tank and armored fighting vehicle electronic systems, weapon systems, C4I systems, upgrades, shelters and masts, simulators, batteries, components and devices, fuzes and unmanned systems; microwave tubes and power modules, microwave super components, digital multichannel data recorders, and hybrid micro circuits; and micro-electro mechanical systems, such as pressure transducers, and conductivity temperature and depth sensors. Its non-defense products comprise e-governance systems, homeland security products, civilian radars, and telecom and broadcast systems; integrated traffic management systems, real time train information systems, and solar power solutions; and PD and strategic products, silicon radiation detectors, passive vacuum devices, EMI filters, and multichannel voice logging recorder systems.
Bharat Electronics Limited Fundamentals Summary
| 500049 fundamental statistics | |
|---|---|
| Market cap | ₹3.03t |
| Earnings (TTM) | ₹60.62b |
| Revenue (TTM) | ₹276.10b |
50.0x
P/E Ratio11.0x
P/S RatioIs 500049 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 500049 income statement (TTM) | |
|---|---|
| Revenue | ₹276.10b |
| Cost of Revenue | ₹140.33b |
| Gross Profit | ₹135.77b |
| Other Expenses | ₹75.15b |
| Earnings | ₹60.62b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.29 |
| Gross Margin | 49.17% |
| Net Profit Margin | 21.96% |
| Debt/Equity Ratio | 0% |
How did 500049 perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield30%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/11 18:56 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Bharat Electronics Limited is covered by 43 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kavish Parekh | 360 ONE Capital Market Private Limited |
| null null | 360 ONE Capital Market Private Limited |
| Nishit Master | Anand Rathi Shares and Stock Brokers Limited |