Bharat Electronics Ltd
BELBharat Electronics Ltd
BEL
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 32.10 | 7.68 | 1.23% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 28.88 | 7.58 | 2.42% |
Forecast & Ratings
Detailed Forecastfrom 21 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersHoneywell Automation India Ltd
Syrma SGS Technology Ltd
Zen Technologies Ltd
PG Electroplast Ltd
Genus Power Infrastructures Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 7,599.94 | 7,926.41 | 9,076.50 | 10,596.53 | 12,237.16 | 13,067.07 | 14,233.65 | 15,599.72 | 18,015.24 | 18,576.33 | ||||||||||
Raw Materials | 3,866.79 | 4,019.30 | 4,800.41 | 5,070.74 | 6,037.64 | 6,820.23 | 7,911.37 | 9,146.85 | 10,183.86 | 13,792.33 | ||||||||||
| Power & Fuel Cost | 44.61 | 45.85 | 37.99 | 37.78 | 43.88 | 41.60 | 38.12 | 43.13 | 46.81 | |||||||||||
| Employee Cost | 1,281.00 | 1,267.21 | 1,559.87 | 1,788.07 | 1,895.63 | 2,075.09 | 1,956.16 | 2,128.01 | 2,317.34 | |||||||||||
| Selling & Administrative Expenses | 197.07 | 196.28 | 214.95 | 253.59 | 290.54 | 263.08 | 326.69 | 215.55 | 278.86 | |||||||||||
| Operating & Other expenses | 523.62 | 432.10 | 251.21 | 1,211.24 | 987.07 | 1,009.15 | 662.60 | 490.26 | 817.81 | |||||||||||
EBITDA | 1,686.85 | 1,965.67 | 2,212.07 | 2,235.11 | 2,982.40 | 2,857.92 | 3,338.71 | 3,575.92 | 4,370.56 | 4,784.00 | ||||||||||
| Depreciation/Amortization | 166.15 | 191.96 | 211.63 | 271.72 | 338.13 | 371.86 | 387.32 | 401.13 | 428.82 | 437.25 | ||||||||||
| PBIT | 1,520.70 | 1,773.71 | 2,000.44 | 1,963.39 | 2,644.27 | 2,486.06 | 2,951.39 | 3,174.79 | 3,941.74 | 4,346.75 | ||||||||||
| Interest & Other Items | 7.44 | 9.74 | 17.87 | 6.36 | 15.93 | 7.66 | 9.61 | 8.55 | 18.83 | 14.76 | ||||||||||
| PBT | 1,513.26 | 1,763.97 | 1,982.57 | 1,957.03 | 2,628.34 | 2,478.40 | 2,941.78 | 3,166.24 | 3,922.91 | 4,331.99 | ||||||||||
| Taxes & Other Items | 316.05 | 426.58 | 458.99 | 525.31 | 741.94 | 654.55 | 842.84 | 767.37 | 938.49 | 1,009.13 | ||||||||||
| Net Income | 1,197.21 | 1,337.39 | 1,523.58 | 1,431.72 | 1,886.40 | 1,823.85 | 2,098.94 | 2,398.87 | 2,984.42 | 3,322.86 | ||||||||||
| EPS | 1.51 | 1.69 | 1.99 | 1.95 | 2.58 | 2.49 | 2.87 | 3.28 | 4.08 | 4.55 | ||||||||||
| DPS | 0.29 | 0.52 | 0.68 | 0.67 | 1.13 | 0.93 | 1.33 | 1.50 | 1.80 | 1.80 | ||||||||||
| Payout ratio | 0.20 | 0.31 | 0.34 | 0.34 | 0.44 | 0.37 | 0.46 | 0.46 | 0.44 | 0.40 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
Information TechnologyElectronic Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Bharat Electronics Ltd | 35.74 | 7.68 | 1.23% |
| Honeywell Automation India Ltd | 73.99 | 10.16 | 0.26% |
| Syrma SGS Technology Ltd | 84.17 | 6.51 | 0.26% |
| Zen Technologies Ltd | 151.02 | 19.54 | 0.02% |
Price Comparison
Compare BEL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Kotak Flexicap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.6617% | Percentage of the fund’s portfolio invested in the stock 4.51% | Change in the portfolio weight of the stock over the last 3 months 0.19% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 6/56 (+2) |
HDFC MUTUAL FUND MID CAP OPP FUND DIRECT GROWTH OPEN ENDED Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.2625% | Percentage of the fund’s portfolio invested in the stock 2.81% | Change in the portfolio weight of the stock over the last 3 months -0.25% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/68 (-3) |
KOTAK EMERGING EQUITY SCHEME - DIRECT PLAN - GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6927% | Percentage of the fund’s portfolio invested in the stock 2.18% | Change in the portfolio weight of the stock over the last 3 months -0.12% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 15/84 (+1) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 1.28%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹12.77 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 17, 2023
Dividend/Share
₹0.60
Ex DateEx Date
Aug 17, 2023
Cash Dividend
Ex DateEx DateMar 24, 2023
Dividend/Share
₹0.60
Ex DateEx Date
Mar 24, 2023
Cash Dividend
Ex DateEx DateFeb 10, 2023
Dividend/Share
₹0.60
Ex DateEx Date
Feb 10, 2023
Cash Dividend
Ex DateEx DateAug 8, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Aug 8, 2022
Cash Dividend
Ex DateEx DateMar 24, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Mar 24, 2022
News & Opinions
Bharat Electronics Q2 Results Review - On The Roll: ICICI Securities
1 month ago•Bloomberg Quint
Stocks To Watch: IOCL, Bharat Electronics, Tata Steel, HAL, Dhanlaxmi Bank, Zomato, Tata Elxsi, PVR Inox
2 months ago•Bloomberg Quint
Bharat Electronics - Strong Order Book Brings Better Earning Visibility Going Forward: HDFC Securities
2 months ago•Bloomberg Quint
Stocks To Watch: L&T, Bharat Electronics, BEML, Linde India, IndoStar Finance Capital, India Grid Trust
3 months ago•Bloomberg Quint
Bharat Electronics bags orders worth Rs 3,289 cr
3 months ago•Economic Times
Bharat Electronics Shares Hit Record High After Bagging Defence Order
3 months ago•Bloomberg Quint
Bharat Electronics gains on defence body’s nod to buy EW suite
3 months ago•Moneycontrol
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 11.2%, vs industry avg of 11.07%
Decreasing Market Share
Over the last 5 years, market share decreased from 60.79% to 56.78%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 15.82%, vs industry avg of 16.82%