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Bharat Electronics Ltd

BEL Share Price

417.400.70% (+2.90)
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With a market cap of ₹3,02,990 cr, stock is ranked 27

Stock is 2.39x 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

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹3,02,990 cr, stock is ranked 27

Stock is 2.39x as volatile as Nifty

BEL Performance & Key Metrics

BEL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
56.9418.540.58%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
29.298.062.45%

BEL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
90%
Analysts have suggested that investors can buy this stock

from 21 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
67.00
67.00
1Y Return
30.48%
30.48%
Buy Reco %
50.00
50.00
PE Ratio
74.92
74.92
1Y Return
120.69%
120.69%
Buy Reco %
85.71
85.71
PE Ratio
61.71
61.71
1Y Return
59.03%
59.03%
Buy Reco %
66.67
66.67
PE Ratio
36.47
36.47
1Y Return
21.91%
21.91%
Buy Reco %
100.00
100.00
PE Ratio
58.37
58.37
1Y Return
10.21%
10.21%
Buy Reco %
80.00
80.00
Compare with Peers

BEL Sentiment Analysis

BEL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

BEL Stock Summary · May 2025

Bharat Electronics Limited (BEL) is poised for significant growth, driven by a robust order book exceeding ₹71,000 crores and a strategic focus on both defense and non-defense sectors. The company has reported strong financial performance, with a 16% revenue growth and improved margins, attributed to effective operational efficiencies and indigenization efforts. BEL is actively enhancing its technological capabilities, particularly in next-generation subsystems and system integration, which positions it favorably in the competitive defense market. While export growth is promising, challenges in converting leads into confirmed orders and managing working capital remain. Overall, BEL's proactive approach to innovation and market expansion reflects a confident outlook for sustained financial success.

BEL Stock Growth Drivers
BEL Stock Growth Drivers
7
  • Strong Financial Performance

    Bharat Electronics Limited (BEL) has reported significant financial achievements for FY '25, with turnover reaching

  • Operational Excellence and Project Pipeline

    BEL has demonstrated strong operational performance, with a focus on providing critical systems and solutions

BEL Stock Challenges
BEL Stock Challenges
5
  • Decline in Operating Cash Flow

    The company has experienced a significant reduction in cash flow from operating activities, which fell

  • Concerns Over Receivables and Inventory Management

    There are concerns regarding the management of receivables and inventory, with reports of an increase

BEL Forecast

BEL Forecasts

Price

Revenue

Earnings

BEL

BEL

Income

Balance Sheet

Cash Flow

BEL Income Statement

BEL Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 11.34%, vs industry avg of 10.02%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 62.99% to 52.17%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 16.13%, vs industry avg of 16.78%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue9,076.5010,596.5312,237.1613,067.0714,233.6515,599.7218,015.2420,938.3824,511.1124,511.11
Raw Materialssubtract4,800.415,070.746,037.646,820.237,911.379,146.8510,220.8411,138.0416,935.0516,935.05
Power & Fuel Costsubtract37.9937.7843.8841.6038.1243.1346.8157.21
Employee Costsubtract1,559.871,788.071,895.632,075.091,956.162,128.012,317.342,489.49
Selling & Administrative Expensessubtract214.95253.59290.54263.08326.69215.55278.86333.95
Operating & Other expensessubtract251.211,211.24987.071,009.15662.60490.26780.831,198.22
Depreciation/Amortizationsubtract211.63271.72338.13371.86387.32401.13428.82443.20467.38467.38
Interest & Other Itemssubtract17.876.3615.937.669.618.5518.8312.069.689.68
Taxes & Other Itemssubtract458.99525.31741.94654.55842.84767.37938.491,281.691,777.561,777.56
EPS1.991.952.582.492.873.284.085.457.287.28
DPS0.680.671.130.931.331.501.802.202.402.30
Payout ratio0.340.340.440.370.460.460.440.400.330.32

BEL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
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
FY 2014FY 2014

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 Ltd56.9418.540.58%
Honeywell Automation India Ltd67.008.690.26%
PG Electroplast Ltd74.9220.770.03%
Zen Technologies Ltd61.7137.090.10%

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%15.02%5.86%17.56%10.43%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

BEL Shareholding History

BEL Shareholding History

Dec '23MarJunSepDec '24Mar17.78%17.56%17.43%17.27%17.35%17.56%

Mutual Funds Invested in BEL

Mutual Funds Invested in BEL

Decreased Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has decreased by 1.15%

Top 5 Mutual Funds holding Bharat Electronics Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.0980%6.33%1.08%2/61 (+1)
0.4263%2.42%0.53%9/69 (+5)
0.4189%19.04%-2.40%1/26 (0)

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 0.58%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.79 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 0.58%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.79 every year

BEL Upcoming Dividends

BEL Upcoming Dividends

No upcoming dividends are available

BEL Past Dividends

BEL Past Dividends

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

Cash Dividend

Ex DateEx DateFeb 9, 2024

Interim
Interim | Div/Share: ₹0.70

Dividend/Share

0.70

Ex DateEx Date

Feb 9, 2024

Cash Dividend

Ex DateEx DateAug 17, 2023

Final
Final | Div/Share: ₹0.60

Dividend/Share

0.60

Ex DateEx Date

Aug 17, 2023

BEL Stock News & Opinions

BEL Stock News & Opinions

Spotlight
Bharat Electronics gains after securing additional orders worth Rs 585 cr

According to the company's statement, the new orders include fire control and sighting systems for missiles, communication equipment, jammers, spares, and other services. Previously, in its 5 June filing, BEL had disclosed orders worth Rs 2,323 crore from Mazagon Dock Shipbuilders (MDL) and Garden Reach Shipbuilders & Engineers (GRSE). These orders are for the supply of base and depot spares for missile systems deployed on Indian naval ships, aimed at ensuring the operational continuity of mission-critical onboard equipment. In a separate development, on 6 June 2025, BEL announced the signing of a Memorandum of Understanding (MoU) with Tata Electronics. The partnership is focused on the development of indigenous electronics and semiconductor solutions, in line with the Government of India's vision for 'Atmanirbhar Bharat' (self-reliance). As part of the MoU, both companies will explore collaborations in semiconductor fabrication (Fab), outsourced semiconductor assembly and test (OSAT), and design services. Tata Electronics will offer solutions that align with BEL's current and future requirements, including microcontrollers (MCUs), systems-on-chip (SoCs), monolithic microwave integrated circuits (MMICs), and other processors. 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 Government of India (GoI) remains BEL's largest shareholder with the current shareholding of 51.14%. Bharat Electronics (BEL)'s standalone net profit surged 18.01% to Rs 2,104.78 crore on a 6.93% rise in revenue from operations to Rs 9,119.71 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Bharat Electronics signs MoU with Tata Electronics

Bharat Electronics (BEL) announced the signing of a Memorandum of Understanding (MoU) with Tata Electronics towards the development of indigenous electronics and semiconductor solutions in line with the Government of India's vision for self-reliance. This MoU marks a significant step forward for BEL and Tata Electronics in jointly exploring end-to-end solutions to meet domestic requirements. As part of the agreement, BEL and Tata Electronics will explore the opportunities to collaborate in the areas of Semiconductor Fabrication (Fab), Outsourced Semiconductor Assembly and Test (OSAT), and design services solutions offered by Tata Electronics to meet the current and future requirements of BEL that include Microcontrollers (MCUs), Systems-on-Chip (SoCs), Monolithic Microwave Integrated Circuits (MMICs), and other Processors. Both companies will also endeavour to develop optimum manufacturing solutions for BEL's products through knowledge sharing, best practices and other resources.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Bharat Electronics receives orders of Rs 2,323 cr

Bharat Electronics has received orders from MDL, Mumbai and GRSE, Kolkata totally valued at Rs. 2,323 crore (excluding taxes) for supply of base and depot spares for the missile systems on Indian Naval ships. The spares will ensure operational continuity of onboard mission critical equipment.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Bharat Electronics secures new order of Rs 537 cr

Bharat Electronics has secured additional orders worth Rs.537 crore. Major orders received include communication equipment, advanced composite communication system for ship, jammers, software, simulator upgrades, spares, test rigs, services etc.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Bharat Electronics rallies on upbeat outlook, target price upgrade

The upgrade comes on the back of a robust Q4 performance and a strong growth outlook. The brokerage highlighted higher localisation, a favourable product mix, and operational efficiencies as key levers driving BEL's growth trajectory. On a consolidated basis, BEL's net profit jumped 18.35% to Rs 2,127.04 crore on 6.83% rise in revenue from operations to Rs 9149.59 crore in Q4 FY25 over Q4 FY24. As of 1 April 2025, BEL's order book stood at a solid Rs 71,650 crore, including $359 million in export orders. For FY26, the company anticipates fresh orders worth Rs 27,000 crore, excluding the much-awaited QRSAM (Quick Reaction Surface-to-Air Missile) order pegged at Rs 30,000 crore, which is expected to be finalized around Q4 FY26. BEL is also eyeing multiple large orders this year, including a Rs 6,000-10,000 crore deal to supply 10-12 major subsystems for Corvette ships to two defence shipyards, along with additional LCA (Light Combat Aircraft) requirements. The company remains in active discussions with the Army, Navy, and Air Force for emergency and strategic procurements, which could translate into accelerated order inflows, benefiting the current and next fiscal years. BEL, a Navratna PSU under the Ministry of Defence, manufactures advanced electronic products and systems for India's armed forces. The Government of India holds a 51.14% stake in the company. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Stock Alert: Eris Lifesciences, Power Grid Corp, Bharat Electronics, Acme Solar Holdings, Ashok Leyland

Securities in F&O Ban: Hindustan Copper, Manappuram Finance, and Titgarh Raili Systems are banned from F&O trading on 20 May 2025. Upcoming Results: Hindalco Industries, Zydus Lifesciences, Aster DM Healthcare, Automotive Axles, Dixon Technologies (India), EIH, Fortis Healthcare, Gland Pharma, JK Tyre & Industries, Laxmi Organic Industries, Max Healthcare Institute, NHPC, Solar Industries India, Talbros Engineering, Torrent Pharmaceuticals, United Spirits, Whirlpool of India, and J Kumar Infraprojects will release their quarterly earnings later today. Stocks to Watch: Power Grid Corporation of India's consolidated net profit fell 0.56% to Rs 4142.87 crore in Q4 FY25 compared with Rs 4166.33 crore in Q4 FY24. Revenue from operations increased 2.48% YoY to Rs 12,275.35 crore in Q4 FY25. Bharat Electronics (BEL) reported an 18.36% jump in consolidated net profit to Rs 2127.04 crore on 6.84% increase in revenue from operations to Rs 9149.59 crore in Q4 FY25 over Q4 FY24. ACME Solar Holdings' consolidated net profit declined 76.83% to Rs 123.36 crore despite of a 64.96% jump in revenue from operations to Rs 486.88 crore in Q4 FY25 over Q4 FY24. Eris Lifesciences reported a 30.29% jump in consolidated net profit to Rs 92.01 crore on 28.38% increase in revenue from operations to Rs 702.60 crore in Q4 FY25 over Q4 FY24. Ashok Leyland's board is scheduled to meet on 23 May to consider the proposal for the issue of bonus shares. Adani Ports & Special Economic Zone (APSEZ) will meet on 23 May to consider issuing non-convertible debentures (NCDs) via a private placement basis.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Bharat Electronics consolidated net profit rises 18.36% in the March 2025 quarter

Net profit of Bharat Electronics rose 18.36% to Rs 2127.04 crore in the quarter ended March 2025 as against Rs 1797.11 crore during the previous quarter ended March 2024. Sales rose 6.84% to Rs 9149.59 crore in the quarter ended March 2025 as against Rs 8564.08 crore during the previous quarter ended March 2024. For the full year,net profit rose 33.55% to Rs 5321.44 crore in the year ended March 2025 as against Rs 3984.52 crore during the previous year ended March 2024. Sales rose 17.27% to Rs 23768.75 crore in the year ended March 2025 as against Rs 20268.24 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales9149.598564.08 7 23768.7520268.24 17 OPM %30.7826.71 -28.7524.90 - PBDT3004.842508.61 20 7566.385709.41 33 PBT2867.262390.07 20 7099.005266.21 35 NP2127.041797.11 18 5321.443984.52 34 Powered by Capital Market - Live

1 month agoCapital Market - Live
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 2025, inter alia, have recommended the final dividend of Rs 0.9 per equity Share (i.e. 90%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bharat Electronics announces board meeting date

Bharat Electronics will hold a meeting of the Board of Directors of the Company on 19 May 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bharat Electronics announces appointment of director

Bharat Electronics announced the appointment of Lt. General Vishwambhar Singh (Retd.), (DIN:09461326) as Non-Official Director (Independent Director) with effect from 23 April 2025. Powered by Capital Market - Live

2 months 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 30th June 2025 is ₹417.40. 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: 2.50%
    • Past 1 month: 6.34%
    • Past 3 months: 37.87%
    • Past 6 months: 41.93%
    • Past 1 year: 36.12%
    • Past 3 years: 418.13%
    • Past 5 years: 1319.52%

  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 0.58.

  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 ₹302990.33 Cr as of 30th June 2025.

  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 ₹426.50 and the 52-week low is ₹240.25.

  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 56.94. The P/B (price-to-book) ratio is 18.54.

  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.