Bharat Electronics Dividends and Buybacks
Dividend criteria checks 3/6
Bharat Electronics is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 14.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 30% |
Recent dividend and buyback updates
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.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500049's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500049's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bharat Electronics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500049) | 0.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.5% |
| Industry Average (Aerospace & Defense) | 0.7% |
| Analyst forecast (500049) (up to 3 years) | 1.1% |
Notable Dividend: 500049's dividend (0.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: 500049's dividend (0.6%) is low compared to the top 25% of dividend payers in the Indian market (1.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.2%), 500049's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (328.7%), 500049's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/07 11:33 |
| End of Day Share Price | 2026/07/07 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
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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 42 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 |
|---|---|
| null null | 360 ONE Capital Market Private Limited |
| Kavish Parekh | 360 ONE Capital Market Private Limited |
| Nishit Master | Anand Rathi Shares and Stock Brokers Limited |