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Bharat Electronics LimitedNSEI:BEL Stock Report

Market Cap ₹3.0t
Share Price
₹413.10
n/a
1Y43.9%
7D5.0%
Portfolio Value
View

Bharat Electronics Limited

NSEI:BEL Stock Report

Market Cap: ₹3.0t

Bharat Electronics (BEL) Stock Overview

Designs, manufactures, and supplies electronic equipment and systems for the defense and civilian markets in India. More details

BEL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends3/6

BEL Community Fair Values

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US$9.21
11.9% undervalued intrinsic discount
Revenue
64.98% p.a.
Profit Margin
15%
Future PE
35x
Price in 2030
US$14.83

Bharat Electronics Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bharat Electronics
Historical stock prices
Current Share Price₹413.10
52 Week High₹436.00
52 Week Low₹240.25
Beta0.22
1 Month Change1.52%
3 Month Change2.34%
1 Year Change43.94%
3 Year Change316.64%
5 Year Change821.76%
Change since IPO60,042.65%

Recent News & Updates

Recent updates

There's Reason For Concern Over Bharat Electronics Limited's (NSE:BEL) Price

Nov 25
There's Reason For Concern Over Bharat Electronics Limited's (NSE:BEL) Price

Bharat Electronics Limited Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next

Nov 04
Bharat Electronics Limited Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next

Here's Why We Think Bharat Electronics (NSE:BEL) Is Well Worth Watching

Oct 04
Here's Why We Think Bharat Electronics (NSE:BEL) Is Well Worth Watching

We Think Bharat Electronics (NSE:BEL) Can Stay On Top Of Its Debt

Aug 26
We Think Bharat Electronics (NSE:BEL) Can Stay On Top Of Its Debt

Bharat Electronics (NSE:BEL) Is Due To Pay A Dividend Of ₹0.90

Aug 08
Bharat Electronics (NSE:BEL) Is Due To Pay A Dividend Of ₹0.90

Results: Bharat Electronics Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 01
Results: Bharat Electronics Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Returns on Capital Paint A Bright Future For Bharat Electronics (NSE:BEL)

Jul 18
Returns on Capital Paint A Bright Future For Bharat Electronics (NSE:BEL)

Is Now The Time To Put Bharat Electronics (NSE:BEL) On Your Watchlist?

Jun 27
Is Now The Time To Put Bharat Electronics (NSE:BEL) On Your Watchlist?

Bharat Electronics' (NSE:BEL) Earnings Are Weaker Than They Seem

May 27
Bharat Electronics' (NSE:BEL) Earnings Are Weaker Than They Seem

Bharat Electronics Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 22
Bharat Electronics Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Bharat Electronics (NSE:BEL) Is Very Good At Capital Allocation

Apr 16
Bharat Electronics (NSE:BEL) Is Very Good At Capital Allocation

Should You Be Adding Bharat Electronics (NSE:BEL) To Your Watchlist Today?

Mar 26
Should You Be Adding Bharat Electronics (NSE:BEL) To Your Watchlist Today?

Bharat Electronics Limited's (NSE:BEL) Shares May Have Run Too Fast Too Soon

Feb 20
Bharat Electronics Limited's (NSE:BEL) Shares May Have Run Too Fast Too Soon

Bharat Electronics Limited Just Beat EPS By 38%: Here's What Analysts Think Will Happen Next

Feb 02
Bharat Electronics Limited Just Beat EPS By 38%: Here's What Analysts Think Will Happen Next

Is Bharat Electronics (NSE:BEL) A Risky Investment?

Feb 01
Is Bharat Electronics (NSE:BEL) A Risky Investment?

Shareholder Returns

BELIN Aerospace & DefenseIN Market
7D5.0%3.4%1.8%
1Y43.9%23.3%4.5%

Return vs Industry: BEL exceeded the Indian Aerospace & Defense industry which returned 23.3% over the past year.

Return vs Market: BEL exceeded the Indian Market which returned 4.5% over the past year.

Price Volatility

Is BEL's price volatile compared to industry and market?
BEL volatility
BEL Average Weekly Movement3.2%
Aerospace & Defense Industry Average Movement5.2%
Market Average Movement5.2%
10% most volatile stocks in IN Market8.5%
10% least volatile stocks in IN Market3.0%

Stable Share Price: BEL has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: BEL's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195411,199Manoj Jainwww.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

How do Bharat Electronics's earnings and revenue compare to its market cap?
BEL fundamental statistics
Market cap₹3.02t
Earnings (TTM)₹56.96b
Revenue (TTM)₹251.52b
53.0x
P/E Ratio
12.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BEL income statement (TTM)
Revenue₹251.52b
Cost of Revenue₹129.04b
Gross Profit₹122.48b
Other Expenses₹65.52b
Earnings₹56.96b

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)7.79
Gross Margin48.70%
Net Profit Margin22.64%
Debt/Equity Ratio0%

How did BEL perform over the long term?

See historical performance and comparison

Dividends

0.6%
Current Dividend Yield
33%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/06 17:56
End of Day Share Price 2026/01/06 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 49 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nishit MasterAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.
null nullAsian Markets Securities Private Limited