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Bharat Electronics Ltd

BEL

Bharat Electronics Ltd

BEL
Information TechnologyElectronic Equipments
LargecapWith a market cap of ₹2,28,686 cr, stock is ranked 38
Moderate RiskStock is 2.76x as volatile as Nifty
313.750.24% (-0.75)
313.750.24% (-0.75)

Price Chart

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Information TechnologyElectronic Equipments
LargecapWith a market cap of ₹2,28,686 cr, stock is ranked 38
Moderate RiskStock is 2.76x as volatile as Nifty
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

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

Information TechnologyElectronic Equipments
LargecapWith a market cap of ₹2,28,686 cr, stock is ranked 38
Moderate RiskStock is 2.76x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
50.3713.990.70%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
36.599.651.60%

Forecast & Ratings

Detailed Forecast 
88%
Analysts have suggested that investors can buy this stock

from 24 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

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 9.96%

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 63.5% to 52.62%

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 16.71%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue7,926.419,076.5010,596.5312,237.1613,067.0714,233.6515,599.7218,015.2420,938.3822,328.90
Raw Materialssubtract4,019.304,800.415,070.746,037.646,820.237,911.379,146.8510,220.8411,138.0415,866.83
Power & Fuel Costsubtract45.8537.9937.7843.8841.6038.1243.1346.8157.21
Employee Costsubtract1,267.211,559.871,788.071,895.632,075.091,956.162,128.012,317.342,489.49
Selling & Administrative Expensessubtract196.28214.95253.59290.54263.08326.69215.55278.86333.95
Operating & Other expensessubtract432.10251.211,211.24987.071,009.15662.60490.26780.831,198.22
Depreciation/Amortizationsubtract191.96211.63271.72338.13371.86387.32401.13428.82443.20444.87
Interest & Other Itemssubtract9.7417.876.3615.937.669.618.5518.8312.067.06
Taxes & Other Itemssubtract426.58458.99525.31741.94654.55842.84767.37938.491,281.691,470.00
EPS1.691.991.952.582.492.873.284.085.456.21
DPS0.520.680.671.130.931.331.501.802.202.20
Payout ratio0.310.340.340.440.370.460.460.440.400.35

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2018

Annual report

PDF

Investor Presentation

May 30PDF
FY 2022

Annual report

PDF

Investor Presentation

Sep 28PDF
FY 2023

Annual Report Unavailable

Investor Presentation

Aug 30PDF
 

Peers & Comparison

Comparing 3 stocks from 
Information TechnologyElectronic Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bharat Electronics Ltd57.3913.990.70%
Honeywell Automation India Ltd72.0410.020.24%
PG Electroplast Ltd149.8219.440.00%
Zen Technologies Ltd129.0835.400.05%

Price Comparison

Compare BEL with any stock or ETF
Compare BEL with any stock or ETF
BEL
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Shareholdings

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

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

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding51.14%15.81%4.40%17.27%11.38%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep19.33%18.85%18.33%18.06%16.08%15.81%

Mutual Funds Holding Trend

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 almost stayed constant

Top 5 Mutual Funds holding Bharat Electronics Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Kotak Flexicap Fund - Growth - Direct Plan

Growth
1.2084%5.46%-0.30%6/63 (-1)
Canara Robeco Emerging Equities - Growth - Direct Plan

Growth
0.4618%4.29%-0.08%4/96 (0)
Kotak Emerging Equity Fund - Growth - Direct Plan

Growth
0.4060%1.83%-0.20%13/75 (-1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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

smallcases

Looks like this stock is not in any smallcase yet.

Events

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 0.70%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹7.03 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

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

Cash Dividend

Ex DateEx DateMar 24, 2023

Interim 2
Interim 2 | Div/Share: ₹0.60

Dividend/Share

₹0.60

Ex DateEx Date

Mar 24, 2023

News & Opinions
Spotlight
Bharat Electronics bags orders worth Rs 500 crore; FY25 order book at Rs 8,194 crore

These orders encompass a supplying range of products and services, including laser range finders, communication equipment, vessel communication and support systems, test equipment for guns, spares, services etc. With these orders, BEL has now accumulated orders totaling Rs 8,194 crore in the current financial year,' the company said in a statement. Navratna PSU BEL is a multi-product, multi-technology, multi-Unit conglomerate which designs, manufactures and supplies products and systems in a wide variety of fields including radars, missile systems, military communications, naval systems, electronic warfare & avionics, C4I systems, electro optics, tank electronics & gun/weapon system upgrades, and electronic fuzes in the defence segment. As on 31 September 2024, the Government of India held 51.14% stake in the company. The company reported 35.22% growth in consolidated net profit to Rs 1,450.88 crore on 14.78% rise in net sales to Rs 4,583.41 crore in Q2 FY25 over Q2 FY24. The scrip shed 0.90% to currently trade at Rs 297.50 on the BSE. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Earnings
Bharat Electronics consolidated net profit rises 38.40% in the September 2024 quarter

Net profit of Bharat Electronics rose 38.40% to Rs 1092.45 crore in the quarter ended September 2024 as against Rs 789.35 crore during the previous quarter ended September 2023. Sales rose 14.86% to Rs 4604.90 crore in the quarter ended September 2024 as against Rs 4009.06 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4604.904009.06 15 OPM %30.4025.30 - PBDT1556.391149.72 35 PBT1445.201041.46 39 NP1092.45789.35 38 Powered by Capital Market - Live

1 month agoCapital Market - Live
Live Market Update
Nifty marches towards 24,900 level; media shares rally

The key equity indices traded with modest gains in morning trade. The Nifty traded above the 24,850 mark. Media shares advanced after declining in the past three consecutive trading sessions. At 10:28 IST, the barometer index, the S&P BSE Sensex rose 265.42 points or 0.33% to 81,315.45. The Nifty 50 index added 87.75 points or 0.35% to 24,883.50. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.90% and the S&P BSE Small-Cap index gained 0.90%. The market breadth was positive. On the BSE, 2,271 shares rose and 1,326 shares fell. A total of 131 shares were unchanged. Buzzing Index: The Nifty Media index gained 1.88% to 2,032.90. The index tumbled 8.16% in past three consecutive trading sessions. Saregama India (up 4.49%), Tips Music (up 3.24%), Nazara Technologies (up 2.56%), PVR Inox (up 1.97%), Hathway Cable & Datacom (up 1.62%), Zee Entertainment Enterprises (up 1.33%), Dish TV India (up 1.08%), TV18 Broadcast (up 0.62%), Sun TV Network (up 0.58%) and Network 18 Media & Investments (up 0.39%) advanced. Stocks in Spotlight: Bharat Electronics advanced 1.65% after the company said that it has bagged orders worth more than Rs 500 crore in the last month. Lemon Tree Hotels rose 0.44%. The company announced that it has signed a license agreement viz Lemon Tree Hotel in Udaipur, Rajasthan. Nuvoco Vistas Corporation added 0.88%. The company said that it has been declared the preferred bidder for three significant limestone blocks located at Nimbol, Tehsil Jaitaran, District Beawar, Rajasthan.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
BEL bags order worth more than Rs 500 crore since Sept'24; FY25 orderbook at Rs 7,689 crore

The major orders received include EMI shelters, AMC for integrated air command and control system nodes, upgrade / spares for gun systems, spares for radars, communication system etc. With these orders, BEL has now accumulated orders totaling Rs 7,689 crore in the current financial year. Navratna PSU BEL is a multi-product, multi-technology, multi-Unit conglomerate which designs, manufactures and supplies products and systems in a wide variety of fields including radars, missile systems, military communications, naval systems, electronic warfare & avionics, C4I systems, electro optics, tank electronics & gun/weapon system upgrades, and electronic fuses in the defence segment. As on 30 June 2024, the Government of India held 51.14% stake in the company. The company reported 46.9% growth in consolidated net profit to Rs 791 crore in Q1 FY25 as against Rs 538.48 crore in Q1 FY24. Revenue from operations jumped 20.1% year on year (YoY) to Rs 4243.57 crore in the quarter ended 30 June 2024. The scrip rose 0.22% to currently trade at Rs 267.95 on the BSE. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Bharat Electronics wins new orders of Rs 500 cr

Bharat Electronics has secured additional orders of more than Rs.500 crore since its last disclosure on 11 September 2024. The major orders received include EMI shelters, AMC for Integrated Air Command and Control system nodes, Upgrade / spares for gun systems, spares for radars, communication system etc. With these orders, BEL has now accumulated orders totaling Rs.7,689 crore in the current financial year.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Bharat Electronics declare Quarterly Result

Bharat Electronics will hold a meeting of the Board of Directors of the Company on 25 October 2024Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Bharat Electronics wins orders of Rs 1,155 cr

Bharat Electronics (BEL) has secured an order worth Rs. 850 crore from Cochin Shipyard (CSL) for the supply of indigenous Multi Function Radar in X Band. This fully indigenous radar designed by DRDO and manufactured by BEL is capable of detecting, acquiring and tracking airborne targets to provide protection to naval ships. Additionally, BEL has secured orders valued at Rs. 305 crore following the last disclosure on 22 August 2024, which include navigational complex system for ships, thermal imagers,communication equipment, fire control system, gun control system, spares, services, etc. With these orders, BEL has now accumulated orders totaling Rs.7,075 crore in the current financial year.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
BEL rises on bagging orders worth Rs 850 cr

The order from Cochin Shipyard consists of supply of indigenous multi function radar in X band. This fully indigenous radar designed by DRDO and manufactured by BEL is capable of detecting, acquiring and tracking airborne targets to provide protection to naval ships. Additionally, the company has secured orders valued at Rs 305 crore following the last disclosure on 22 August 2024, which include navigational complex system for ships, thermal imagers, communication equipment, fire control system, gun control system, spares, services, etc. With these orders, the company has now accumulated orders totaling Rs 7,075 crore in the current financial year. Navratna PSU BEL is a multi-product, multi-technology, multi-Unit conglomerate which designs, manufactures and supplies products and systems in a wide variety of fields including radars, missile systems, military communications, naval systems, electronic warfare & avionics, C4I systems, electro optics, tank electronics & gun/weapon system upgrades, and electronic fuzes in the defence segment. As on 30 June 2024, the Government of India held 51.14% stake in the company. The company reported 46.9% growth in consolidated net profit to Rs 791 crore in Q1 FY25 as against Rs 538.48 crore in Q1 FY24. Revenue from operations jumped 20.1% year on year (YoY) to Rs 4243.57 crore in the quarter ended 30 June 2024. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Bharat Electronics appoints senior management personnel

Bharat Electronics announced the appointment of Seema Yadav as General Manager (Quality/CO) with effect from 01 September 2024. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Bharat Electronics wins order of Rs 695 cr

Bharat Electronics (BEL) has secured orders worth Rs 695 crore for Combat Management System, Communication equipment, Stabilized Optronic Pedestal, Upgrades, Spares, Services etc. With these, BEL has now accumulated orders totalling Rs.5920 crore in the current financial year. Powered by Capital Market - Live

3 months agoCapital Market - Live