Bharat Electronics Limited

NSEI:BEL Stock Report

Market Cap: ₹2.0t

Bharat Electronics Past Earnings Performance

Past criteria checks 5/6

Bharat Electronics has been growing earnings at an average annual rate of 22.4%, while the Aerospace & Defense industry saw earnings growing at 22.6% annually. Revenues have been growing at an average rate of 12.6% per year. Bharat Electronics's return on equity is 28.2%, and it has net margins of 21.5%.

Key information

22.4%

Earnings growth rate

22.4%

EPS growth rate

Aerospace & Defense Industry Growth24.2%
Revenue growth rate12.6%
Return on equity28.2%
Net Margin21.5%
Last Earnings Update31 Dec 2024

Recent past performance updates

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

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

Recent updates

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?

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

Revenue & Expenses Breakdown

How Bharat Electronics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:BEL Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 24231,83249,91526,7840
30 Sep 24215,74745,40126,3140
30 Jun 24209,78942,37025,2740
31 Mar 24202,68239,84525,3590
31 Dec 23181,83335,69424,6510
30 Sep 23181,74233,22924,1240
30 Jun 23181,26831,57323,6500
31 Mar 23177,34429,84423,6670
31 Dec 22175,95127,56623,3940
30 Sep 22171,43727,39522,7580
30 Jun 22168,60127,40222,0970
31 Mar 22153,68223,98921,5930
31 Dec 21159,45826,12820,2590
30 Sep 21145,64622,95019,7520
30 Jun 21140,81820,69519,3930
31 Mar 21141,08720,98919,5990
31 Dec 20130,08017,77620,5560
30 Sep 20129,65717,22220,5320
30 Jun 20125,18816,67120,6280
31 Mar 20129,67718,23920,7470
31 Dec 19110,50113,77719,4190
30 Sep 19115,10816,70619,8480
30 Jun 19121,56219,08619,4660
31 Mar 19121,64218,86418,9510
31 Mar 18104,00814,31717,8760
31 Mar 1786,68315,23615,5940
31 Mar 1673,53813,37412,6730
31 Mar 1569,90211,97213,2840
31 Mar 1464,1459,51315,0530

Quality Earnings: BEL has high quality earnings.

Growing Profit Margin: BEL's current net profit margins (21.5%) are higher than last year (19.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BEL's earnings have grown significantly by 22.4% per year over the past 5 years.

Accelerating Growth: BEL's earnings growth over the past year (39.8%) exceeds its 5-year average (22.4% per year).

Earnings vs Industry: BEL earnings growth over the past year (39.8%) did not outperform the Aerospace & Defense industry 41.1%.


Return on Equity

High ROE: BEL's Return on Equity (28.2%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 18:44
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
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.

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 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
Nishit MasterAnand Rathi Shares and Stock Brokers Limited
Santosh YellapuAngel Broking Private Limited
null nullAntique Stockbroking Ltd.