Bharat Electronics Limited

NSEI:BEL Stock Report

Market Cap: ₹2.2t

Bharat Electronics Past Earnings Performance

Past criteria checks 5/6

Bharat Electronics has been growing earnings at an average annual rate of 19.5%, while the Aerospace & Defense industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 11.8% per year. Bharat Electronics's return on equity is 25.9%, and it has net margins of 20.2%.

Key information

19.5%

Earnings growth rate

19.5%

EPS growth rate

Aerospace & Defense Industry Growth24.2%
Revenue growth rate11.8%
Return on equity25.9%
Net Margin20.2%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

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

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

Dec 08
If EPS Growth Is Important To You, Bharat Electronics (NSE:BEL) Presents An Opportunity

Bharat Electronics (NSE:BEL) Might Become A Compounding Machine

Nov 20
Bharat Electronics (NSE:BEL) Might Become A Compounding Machine

Bharat Electronics (NSE:BEL) Ticks All The Boxes When It Comes To Earnings Growth

Sep 03
Bharat Electronics (NSE:BEL) Ticks All The Boxes When It Comes To Earnings Growth

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

Jul 31
Bharat Electronics (NSE:BEL) Is Reinvesting To Multiply In Value

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

May 02
Bharat Electronics (NSE:BEL) Knows How To Allocate Capital

Investors Should Be Encouraged By Bharat Electronics' (NSE:BEL) Returns On Capital

Jan 25
Investors Should Be Encouraged By Bharat Electronics' (NSE:BEL) Returns On Capital

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

Oct 24
With EPS Growth And More, Bharat Electronics (NSE:BEL) Makes An Interesting Case

A Look At The Fair Value Of Bharat Electronics Limited (NSE:BEL)

Oct 08
A Look At The Fair Value Of Bharat Electronics Limited (NSE:BEL)

Bharat Electronics (NSE:BEL) Could Become A Multi-Bagger

Sep 23
Bharat Electronics (NSE:BEL) Could Become A Multi-Bagger

Do Bharat Electronics' (NSE:BEL) Earnings Warrant Your Attention?

Jul 21
Do Bharat Electronics' (NSE:BEL) Earnings Warrant Your Attention?

An Intrinsic Calculation For Bharat Electronics Limited (NSE:BEL) Suggests It's 26% Undervalued

Jul 05
An Intrinsic Calculation For Bharat Electronics Limited (NSE:BEL) Suggests It's 26% Undervalued

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

Jun 20
Bharat Electronics (NSE:BEL) Knows How To Allocate Capital

Do Bharat Electronics's (NSE:BEL) Earnings Warrant Your Attention?

Apr 20
Do Bharat Electronics's (NSE:BEL) Earnings Warrant Your Attention?

Estimating The Fair Value Of Bharat Electronics Limited (NSE:BEL)

Apr 05
Estimating The Fair Value Of Bharat Electronics Limited (NSE:BEL)

Bharat Electronics' (NSE:BEL) Upcoming Dividend Will Be Larger Than Last Year's

Mar 21
Bharat Electronics' (NSE:BEL) Upcoming Dividend Will Be Larger Than Last Year's

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

Mar 08
Returns on Capital Paint A Bright Future For Bharat Electronics (NSE:BEL)

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
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 (20.2%) are higher than last year (17.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BEL's earnings have grown by 19.5% per year over the past 5 years.

Accelerating Growth: BEL's earnings growth over the past year (34.2%) exceeds its 5-year average (19.5% per year).

Earnings vs Industry: BEL earnings growth over the past year (34.2%) did not outperform the Aerospace & Defense industry 44.4%.


Return on Equity

High ROE: BEL's Return on Equity (25.9%) is considered high.


Return on Assets


Return on Capital Employed


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