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Bharat Electronics Ltd

Bharat Electronics Ltd

BEL Share Price

NSE
410.751.99% (-8.35)
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Returns
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With a market cap of ₹3,06,352 cr, stock is ranked 27

Stock is 2.01x as volatile as Nifty

BEL Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹3,06,352 cr, stock is ranked 27

Stock is 2.01x as volatile as Nifty

BEL Performance & Key Metrics

BEL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
50.5415.320.60%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
21.645.853.21%

BEL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
96%
Analysts have suggested that investors can buy this stock

from 25 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

BEL Company Profile

Bharat Electronics Limited is engaged in design, manufacture and supply of electronics products/systems for defense as well as for nondefense markets. The Company's principal products include weapon systems, radar and fire control systems etc.

PE Ratio
60.93
60.93
1Y Return
8.50%
8.50%
Buy Reco %
33.33
33.33
PE Ratio
84.54
84.54
1Y Return
168.18%
168.18%
Buy Reco %
100.00
100.00
PE Ratio
63.88
63.88
1Y Return
102.52%
102.52%
Buy Reco %
78.26
78.26
PE Ratio
78.82
78.82
1Y Return
21.26%
21.26%
Buy Reco %
71.43
71.43
PE Ratio
132.22
132.22
1Y Return
116.67%
116.67%
Buy Reco %
100.00
100.00
Compare with Peers

BEL Sentiment Analysis

BEL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

BEL Stock Summary · January 2026

Bharat Electronics Limited has demonstrated robust financial growth, with significant increases in revenue and profit margins, driven by a strong order book and effective cost management strategies. The company is optimistic about future projections, particularly in securing substantial defense contracts and expanding its non-defense segment, including data centers and cybersecurity initiatives. While maintaining a stable EBITDA margin, management acknowledges potential challenges from fluctuating product mixes and rising provisions for doubtful debts. Strategic efforts in indigenization and collaboration with startups are expected to enhance operational efficiency and profitability. Overall, BEL's proactive approach to market opportunities positions it well for sustained growth and innovation in the coming years.

BEL Stock Growth Drivers
BEL Stock Growth Drivers
8
  • Strong Financial Performance

    Bharat Electronics Limited reported significant financial growth for Q3 FY'26, with revenue from operations reaching

  • Robust Order Book and Inflows

    As of January 28, 2026, Bharat Electronics Limited's order book position increased to INR 73,450

BEL Stock Challenges
BEL Stock Challenges
4
  • Decline in Other Income

    The company has experienced a decline in other income, primarily due to a decrease in

  • Challenges in Order Placement and Program Delays

    There are notable delays in the order placement for key electronic warfare systems, which have

BEL Forecast

BEL Forecasts

Price

Revenue

Earnings

BEL

BEL

Income

Balance Sheet

Cash Flow

BEL Income Statement

BEL Income Statement

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Quarterdec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026
Total Revenue4,329.588,789.514,447.154,762.665,957.079,344.234,603.065,946.017,292.3910,334.68
Operating & Other expensessubtract3,089.666,276.853,295.373,204.954,101.206,333.533,201.474,089.925,026.617,242.78
Depreciation/Amortizationsubtract107.46118.54107.68111.19110.93137.58120.79126.49135.44172.95
Interest & Other Itemssubtract0.514.051.181.321.325.861.441.652.031.61
Taxes & Other Itemssubtract272.37592.96251.92352.75432.67740.22309.45440.18549.21692.12
EPS1.172.461.081.501.792.911.331.762.163.04

BEL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual report

PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual Report Unavailable

Investor Presentation

Aug 30PDF
FY 2022FY 2022

Annual report

PDF

Investor Presentation

Sep 28PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF

Investor Presentation

May 30PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
FY 2015FY 2015

Annual report

PDF
 

BEL Stock Peers

BEL Past Performance & Peer Comparison

BEL Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyElectronic Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bharat Electronics Ltd50.5415.320.60%
Honeywell Automation India Ltd60.937.920.30%
Aditya Infotech Ltd84.5430.570.06%
Syrma SGS Technology Ltd63.8811.120.13%

BEL Stock Price Comparison

Compare BEL with any stock or ETF
Compare BEL with any stock or ETF
BEL
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BEL Holdings

BEL Shareholdings

BEL Promoter Holdings Trend

BEL Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

BEL Institutional Holdings Trend

BEL Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

BEL Shareholding Pattern

BEL Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding51.14%14.28%5.72%19.50%9.37%

Jun 2025

Sep 2025

Dec 2025

Mar 2026

BEL Shareholding History

BEL Shareholding History

Dec '24MarJunSepDec '25Mar17.35%17.56%18.56%18.15%18.51%19.50%

Mutual Funds Invested in BEL

Mutual Funds Invested in BEL

No mutual funds holding trends are available

Top 5 Mutual Funds holding Bharat Electronics Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.0348%5.78%-0.36%1/61 (+1)
0.4927%16.55%-2.04%1/25 (0)
0.4729%2.28%-0.14%10/68 (-3)

Compare 3-month MF holding change on Screener

BEL Insider Trades & Bulk Stock Deals

BEL Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing BEL stock

smallcases containing BEL stock

Looks like this stock is not in any smallcase yet.

BEL Events

BEL Events

BEL Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

BEL has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.60%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.97 every year

Dividends

Corp. Actions

Announcements

Legal Orders

BEL Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

BEL has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.60%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.97 every year

BEL Upcoming Dividends

BEL Upcoming Dividends

No upcoming dividends are available

BEL Past Dividends

BEL Past Dividends

Cash Dividend

Ex DateEx DateMar 6, 2026

Interim
Interim | Div/Share: ₹1.95

Dividend/Share

1.95

Ex DateEx Date

Mar 6, 2026

Cash Dividend

Ex DateEx DateAug 14, 2025

Final
Final | Div/Share: ₹0.90

Dividend/Share

0.90

Ex DateEx Date

Aug 14, 2025

Cash Dividend

Ex DateEx DateMar 11, 2025

Interim
Interim | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Mar 11, 2025

Cash Dividend

Ex DateEx DateAug 14, 2024

Final
Final | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Aug 14, 2024

Cash Dividend

Ex DateEx DateMar 22, 2024

Interim 2
Interim 2 | Div/Share: ₹0.70

Dividend/Share

0.70

Ex DateEx Date

Mar 22, 2024

BEL Stock News & Opinions

BEL Stock News & Opinions

Spotlight
Spotlight
BEL bags additional orders worth Rs 608 crore

The company said the major orders include communication equipment, avionics, information fusion centres, coastal surveillance radar systems, seekers, jammers, tank subsystems, laser-based fuzes, simulators, medical electronics, batteries, spares and related services. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company reported a 4.61% jump in consolidated net profit to Rs 2,225.22 crore on an 11.74% rise in revenue from operations to Rs 10,224.43 crore in Q4 FY26 over Q4 FY25. The counter rose 1.25% to Rs 421.75 on the BSE. Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Corporate
Bharat Electronics secures new orders worth Rs 608 cr

Bharat Electronics has secured new orders worth Rs. 608 crore. Major orders received include communication equipment, avionics, information fusion centre, coastal surveillance radar system, seekers, jammers, tank sub systems, laser based fuzes, simulators, medical electronics, batteries, spares, services etc

4 days agoCapital Market - Live
Corporate
Corporate
Board of Bharat Electronics recommends final dividend

Bharat Electronics announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the final dividend of Rs 0.55 per equity Share (i.e. 55%) , subject to the approval of the shareholders.

1 week agoCapital Market - Live
Earnings
Earnings
Bharat Electronics consolidated net profit rises 4.62% in the March 2026 quarter

Net profit of Bharat Electronics rose 4.62% to Rs 2225.22 crore in the quarter ended March 2026 as against Rs 2127.04 crore during the previous quarter ended March 2025. Sales rose 11.75% to Rs 10224.43 crore in the quarter ended March 2026 as against Rs 9149.59 crore during the previous quarter ended March 2025. For the full year,net profit rose 13.92% to Rs 6062.00 crore in the year ended March 2026 as against Rs 5321.44 crore during the previous year ended March 2025. Sales rose 16.16% to Rs 27610.11 crore in the year ended March 2026 as against Rs 23768.75 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales10224.439149.59 12 27610.1123768.75 16 OPM %29.1630.78 -29.1528.75 - PBDT3090.293004.84 3 8608.637566.38 14 PBT2917.342867.26 2 8052.967099.00 13 NP2225.222127.04 5 6062.005321.44 14 Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Spotlight
Bharat Electronics Q4 PAT jumps 5% YoY to Rs 2,225 cr

Profit before tax stood at Rs 2,917.34 crore in the fourth quarter of FY26, registering a growth of 1.74% on YoY basis. Total expenses rose 14.51% YoY to Rs 7,417.34 crore in the March 2026 quarter. The cost of materials consumed stood at Rs 4,793.87 crore (up 8.23%) while employee benefits expenses were at Rs 831.42 crore (up 8.52% YoY) during the period under review. The company's order book position stood at Rs 73,882 crore as of 1st April 2026. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. Shares of Bharat Electronics shed 0.83% to end at Rs 423.15 on the BSE. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Corporate
Bharat Electronics to hold board meeting

Bharat Electronics will hold a meeting of the Board of Directors of the Company on 19 May 2026.

3 weeks agoCapital Market - Live
Spotlight
Spotlight
BEL bags Rs 1,251-cr defence contract to supply indigenous GBMES system to Indian Army

The GBMES is a fully indigenous, state-of-the-art system designed and developed by DLRL Hyderabad and manufactured by BEL. The networked intelligence platform is capable of detecting, classifying, and locating all types of radars, while also intercepting and analysing communication signals. The system is aimed at significantly enhancing situational awareness and strengthening the country's air defence capabilities. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company's standalone net profit jumped 20.81% to Rs 1,590.06 crore on a 23.72% rise in revenue from operations to Rs 7,121.98 crore in Q3 FY26 over Q3 FY25. Shares of Bharat Electronics rose 0.63% to Rs 436.45 on the BSE. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Corporate
Bharat Electronics announces cessation of director

Bharat Electronics announced the cessation of Lt. General Vishwambhar Singh (Retd.), Non-official Director (Independent Director) (DIN: 09461326) with effect from 23 April 2026.

1 month agoCapital Market - Live
Spotlight
Spotlight
Bharat Electronics bags Rs 569 crore orders across defence segments

The orders span a range of defence and technology systems, including avionics, electronic warfare systems, high-energy laser systems, communication equipment, tank subsystems, laser-based fuzes, test equipment, upgrades, spares, and related services. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company's standalone net profit jumped 20.81% to Rs 1,590.06 crore on a 23.72% rise in revenue from operations to Rs 7,121.98 crore in Q3 FY26 over Q3 FY25. The counter shed 0.43% to Rs 446.70 on the BSE.

1 month agoCapital Market - Live
Spotlight
Spotlight
Bharat Electronics bags Rs 569 crore orders across defence segments

The orders span a range of defence and technology systems, including avionics, electronic warfare systems, high-energy laser systems, communication equipment, tank subsystems, laser-based fuzes, test equipment, upgrades, spares, and related services. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company's standalone net profit jumped 20.81% to Rs 1,590.06 crore on a 23.72% rise in revenue from operations to Rs 7,121.98 crore in Q3 FY26 over Q3 FY25. The counter shed 0.64% to Rs 448.65 on the BSE.

1 month agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Bharat Electronics Ltd (BEL) today?

    The share price of BEL as on 29th May 2026 is ₹410.75. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Bharat Electronics Ltd (BEL) share?

    The past returns of Bharat Electronics Ltd (BEL) share are
    • Past 1 week: -2.54%
    • Past 1 month: -6.10%
    • Past 3 months: -7.63%
    • Past 6 months: -1.56%
    • Past 1 year: 6.19%
    • Past 3 years: 268.55%
    • Past 5 years: 747.43%

  3. What are the peers or stocks similar to Bharat Electronics Ltd (BEL)?
  4. What is the dividend yield % of Bharat Electronics Ltd (BEL) share?

    The current dividend yield of Bharat Electronics Ltd (BEL) is 0.61.

  5. What is the market cap of Bharat Electronics Ltd (BEL) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Bharat Electronics Ltd (BEL) is ₹300249.17 Cr as of 29th May 2026.

  6. What is the 52 week high and low of Bharat Electronics Ltd (BEL) share?

    The 52-week high of Bharat Electronics Ltd (BEL) is ₹473.45 and the 52-week low is ₹361.20.

  7. What is the PE and PB ratio of Bharat Electronics Ltd (BEL) stock?

    The P/E (price-to-earnings) ratio of Bharat Electronics Ltd (BEL) is 49.53. The P/B (price-to-book) ratio is 15.02.

  8. Which sector does Bharat Electronics Ltd (BEL) belong to?

    Bharat Electronics Ltd (BEL) belongs to the Information Technology sector & Electronic Equipments sub-sector.

  9. How to buy Bharat Electronics Ltd (BEL) shares?

    You can directly buy Bharat Electronics Ltd (BEL) shares on Tickertape. Simply sign up, connect your demat account and place your order.