Bharat Electronics Limited

NSEI:BEL Stock Report

Market Cap: ₹2.1t

Bharat Electronics Future Growth

Future criteria checks 3/6

Bharat Electronics is forecast to grow earnings and revenue by 15% and 15.8% per annum respectively. EPS is expected to grow by 13.5% per annum. Return on equity is forecast to be 27.4% in 3 years.

Key information

15.0%

Earnings growth rate

13.5%

EPS growth rate

Aerospace & Defense earnings growth13.1%
Revenue growth rate15.8%
Future return on equity27.4%
Analyst coverage

Good

Last updated02 Nov 2024

Recent future growth updates

Earnings Beat: Bharat Electronics Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Oct 30
Earnings Beat: Bharat Electronics Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Bharat Electronics Limited Just Recorded A 8.0% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 02
Bharat Electronics Limited Just Recorded A 8.0% EPS Beat: Here's What Analysts Are Forecasting Next

Bharat Electronics Limited Recorded A 21% Miss On Revenue: Analysts Are Revisiting Their Models

Feb 02
Bharat Electronics Limited Recorded A 21% Miss On Revenue: Analysts Are Revisiting Their Models

Recent updates

With EPS Growth And More, Bharat Electronics (NSE:BEL) Makes An Interesting Case

Dec 09
With EPS Growth And More, Bharat Electronics (NSE:BEL) Makes An Interesting Case

Bharat Electronics Limited's (NSE:BEL) Share Price Not Quite Adding Up

Nov 21
Bharat Electronics Limited's (NSE:BEL) Share Price Not Quite Adding Up

Bharat Electronics' (NSE:BEL) Earnings Are Of Questionable Quality

Nov 02
Bharat Electronics' (NSE:BEL) Earnings Are Of Questionable Quality

Earnings Beat: Bharat Electronics Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Oct 30
Earnings Beat: Bharat Electronics Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Bharat Electronics (NSE:BEL) Is Reinvesting To Multiply In Value

Oct 15
Bharat Electronics (NSE:BEL) Is Reinvesting To Multiply In Value

Bharat Electronics (NSE:BEL) Will Pay A Larger Dividend Than Last Year At ₹0.80

Aug 06
Bharat Electronics (NSE:BEL) Will Pay A Larger Dividend Than Last Year At ₹0.80

Bharat Electronics Limited Just Recorded A 8.0% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 02
Bharat Electronics Limited Just Recorded A 8.0% EPS Beat: Here's What Analysts Are Forecasting Next

These 4 Measures Indicate That Bharat Electronics (NSE:BEL) Is Using Debt Safely

Jul 31
These 4 Measures Indicate That Bharat Electronics (NSE:BEL) Is Using Debt Safely

Bharat Electronics (NSE:BEL) Knows How To Allocate Capital

Jul 12
Bharat Electronics (NSE:BEL) Knows How To Allocate Capital

Bharat Electronics Limited's (NSE:BEL) Shares Climb 27% But Its Business Is Yet to Catch Up

Jun 01
Bharat Electronics Limited's (NSE:BEL) Shares Climb 27% But Its Business Is Yet to Catch Up

If EPS Growth Is Important To You, Bharat Electronics (NSE:BEL) Presents An Opportunity

May 11
If EPS Growth Is Important To You, Bharat Electronics (NSE:BEL) Presents An Opportunity

Unpleasant Surprises Could Be In Store For Bharat Electronics Limited's (NSE:BEL) Shares

Apr 05
Unpleasant Surprises Could Be In Store For Bharat Electronics Limited's (NSE:BEL) Shares

Bharat Electronics (NSE:BEL) Is Due To Pay A Dividend Of ₹0.70

Mar 18
Bharat Electronics (NSE:BEL) Is Due To Pay A Dividend Of ₹0.70

Bharat Electronics (NSE:BEL) Has A Rock Solid Balance Sheet

Feb 17
Bharat Electronics (NSE:BEL) Has A Rock Solid Balance Sheet

Bharat Electronics Limited Recorded A 21% Miss On Revenue: Analysts Are Revisiting Their Models

Feb 02
Bharat Electronics Limited Recorded A 21% Miss On Revenue: Analysts Are Revisiting Their Models

Bharat Electronics (NSE:BEL) Has Announced That It Will Be Increasing Its Dividend To ₹0.70

Feb 01
Bharat Electronics (NSE:BEL) Has Announced That It Will Be Increasing Its Dividend To ₹0.70

What Bharat Electronics Limited's (NSE:BEL) 25% Share Price Gain Is Not Telling You

Dec 24
What Bharat Electronics Limited's (NSE:BEL) 25% Share Price Gain Is Not Telling You

Earnings and Revenue Growth Forecasts

NSEI:BEL - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027319,15964,95144,09654,51711
3/31/2026278,39955,97843,17951,71913
3/31/2025237,12547,16835,18943,39313
9/30/2024215,74745,40111,95320,173N/A
6/30/2024209,78942,370N/AN/AN/A
3/31/2024202,68239,84540,07046,595N/A
12/31/2023181,83335,694N/AN/AN/A
9/30/2023181,74233,22934,87841,183N/A
6/30/2023181,26831,573N/AN/AN/A
3/31/2023177,34429,8446,08811,993N/A
12/31/2022175,95127,566N/AN/AN/A
9/30/2022171,43727,3951,8627,379N/A
6/30/2022168,60127,402N/AN/AN/A
3/31/2022153,68223,98936,52742,072N/A
12/31/2021159,45826,128N/AN/AN/A
9/30/2021145,64622,95053,40259,219N/A
6/30/2021140,81820,695N/AN/AN/A
3/31/2021141,08720,98946,24050,932N/A
12/31/2020130,08017,776N/AN/AN/A
9/30/2020129,65717,22216,55123,386N/A
6/30/2020125,18816,671N/AN/AN/A
3/31/2020129,67718,23918,08225,704N/A
12/31/2019110,50113,777N/AN/AN/A
9/30/2019115,10816,7064,5649,583N/A
6/30/2019121,56219,086N/AN/AN/A
3/31/2019121,64218,8647,52515,139N/A
3/31/2018104,00814,317N/A-6,866N/A
3/31/201786,68315,236N/A-609N/A
3/31/201673,53813,374N/A22,601N/A
3/31/201569,90211,972N/A14,337N/A
3/31/201464,1459,513N/A-5,690N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BEL's forecast earnings growth (15% per year) is above the savings rate (6.7%).

Earnings vs Market: BEL's earnings (15% per year) are forecast to grow slower than the Indian market (18.1% per year).

High Growth Earnings: BEL's earnings are forecast to grow, but not significantly.

Revenue vs Market: BEL's revenue (15.8% per year) is forecast to grow faster than the Indian market (10.5% per year).

High Growth Revenue: BEL's revenue (15.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BEL's Return on Equity is forecast to be high in 3 years time (27.4%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Bharat Electronics Limited is covered by 45 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.

AnalystInstitution
Nitin BhasinAmbit Capital
Nishit MasterAnand Rathi Shares and Stock Brokers Limited
Santosh YellapuAngel Broking Private Limited