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Bharat Electronics Ltd

BEL

Bharat Electronics Ltd

BEL
Information TechnologyElectronic Equipments
LargecapWith a market cap of ₹1,93,745 cr, stock is ranked 37
Moderate RiskStock is 2.89x as volatile as Nifty
259.152.23% (-5.90)
259.152.23% (-5.90)

Price Chart

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Information TechnologyElectronic Equipments
LargecapWith a market cap of ₹1,93,745 cr, stock is ranked 37
Moderate RiskStock is 2.89x as volatile as Nifty

How to use scorecard? Learn more

Information TechnologyElectronic Equipments
LargecapWith a market cap of ₹1,93,745 cr, stock is ranked 37
Moderate RiskStock is 2.89x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
38.8211.850.83%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
33.588.851.75%

Forecast & Ratings

Detailed Forecast 
91%
Analysts have suggested that investors can buy this stock

from 23 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.

PE Ratio
64.04
1Y Return
3.97%
Buy Reco %
57.14
PE Ratio
169.14
1Y Return
350.28%
Buy Reco %
83.33
PE Ratio
104.18
1Y Return
81.39%
Buy Reco %
100.00
PE Ratio
103.89
1Y Return
0.25%
Buy Reco %
100.00
PE Ratio
79.94
1Y Return
3.66%
Buy Reco %
77.78
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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 9.94%

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 63.35% to 52.56%

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 16.74%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue7,926.419,076.5010,596.5312,237.1613,067.0714,233.6515,599.7218,015.2420,938.3823,956.39
Raw Materialssubtract4,019.304,800.415,070.746,037.646,820.237,911.379,146.8510,220.8411,138.0416,878.37
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/Amortizationsubtract191.96211.63271.72338.13371.86387.32401.13428.82443.20448.34
Interest & Other Itemssubtract9.7417.876.3615.937.669.618.5518.8312.067.87
Taxes & Other Itemssubtract426.58458.99525.31741.94654.55842.84767.37938.491,281.691,630.30
EPS1.691.991.952.582.492.873.284.085.456.83
DPS0.520.680.671.130.931.331.501.802.202.20
Payout ratio0.310.340.340.440.370.460.460.440.400.32

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 Ltd48.6211.850.83%
Honeywell Automation India Ltd64.048.900.28%
PG Electroplast Ltd169.1421.950.02%
Zen Technologies Ltd104.1828.570.06%

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%16.17%4.77%17.35%10.58%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

SepDec '23MarJunSepDec '2417.18%17.78%17.56%17.43%17.27%17.35%

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)
1.4652%5.78%-0.05%2/63 (0)
0.4922%1.94%0.01%10/72 (+1)
0.4880%20.83%-0.35%1/23 (0)

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 0.83%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.30 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
Corporate
Bharat Electronics announces cessation of director

Bharat Electronics announced the cessation of Shyama Singh, (DIN:09495164), Non-official Director (Independent Director) of the company with effect from 07 February 2025. Powered by Capital Market - Live

5 days agoCapital Market - Live
Spotlight
BEL jumps as PAT spurts 47% YoY to Rs 1,316 cr in Q3 FY25

Profit before tax stood at Rs 1,754.15 crore in the third quarter of FY24, registering a growth of 49.64% on YoY basis. Total expenses grew 31.98% YoY to Rs 4,207.05 crore in the December 2024 quarter. Cost of materials consumed stood at Rs 3,191.02 crore (up 46.07%) while employee benefits expenses were at Rs 665.32 crore (up 7.38% YoY) during the period under review. During Q3 FY24-25, BEL achieved a turnover of Rs 5,643.25 crore as against Rs 4,120.10 crore recorded in the corresponding period of the previous year. The order book position of the company as of 1 January 2025 stood at Rs 71,100 crore. 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 of September 31, 2024, the Government of India held a 51.14% stake in the company.Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
Bharat Electronics consolidated net profit rises 52.51% in the December 2024 quarter

Net profit of Bharat Electronics rose 52.51% to Rs 1310.95 crore in the quarter ended December 2024 as against Rs 859.58 crore during the previous quarter ended December 2023. Sales rose 38.65% to Rs 5770.69 crore in the quarter ended December 2024 as against Rs 4162.16 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales5770.694162.16 39 OPM %28.9325.77 - PBDT1854.551239.41 50 PBT1743.621131.95 54 NP1310.95859.58 53 Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Bharat Electronics wins order worth Rs 531 cr

Bharat Electronics (BEL) has secured additional orders worth Rs.531 crore. Major orders include advanced composite communication system for ship, communication equipment, medical electronics, electro optics, active radar homing head for missiles, class room jammers, spares, services etc. With these orders, BEL has now accumulated orders totalling Rs. 10,893 crore in the current financial year.Powered by Capital Market - Live

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

Bharat Electronics announced the cessation of Gokulan B, Non-official Director (Independent Director) (DIN: 09473378) of the company with effect from 20 January 2025. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
BEL edges higher after bagging contract worth Rs 561 crore

In a regulatory filing made after market hours on Monday, the company stated that major orders received include contract for supply of communication equipment, electro optics, upgrades for satcom network, radar & fire control system, spares, services etc. With these orders, BEL has now accumulated orders totalling Rs 10,362 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. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Spotlight
Stock Alert: HCL Tech, Anand Rathi, Himadri Speicalty, Angel One, Zee Media Corp

Securities in F&O Ban: Aarti Industries, Bandhan Bank, Hindustan Copper, L&T Finance, Manappuram Finance and RBL Bank shares were banned from trading in F&O on 14 January 2025. Earnings Today: HDFC Asset Management Company, Hathway Cable & Datacom, Network18 Media & Investments, Shoppers Stop, SRM Energy, Atishay, and Benares Hotels will announce their quarterly earnings later today. Stocks to Watch: HCL Technologies' consolidated net profit jumped 8.41% to Rs 4591 crore on 3.56% increase in net sales to Rs 29,890 crore in Q3 FY25 over Q2 FY25. Anand Rathi Wealth's consolidated net profit jumped 33.2% to Rs 77.02 crore on 30.4% surge in total income to Rs 244.21 crore in Q3 FY25 over Q3 FY24. Himadari Specialty Chemical's consolidated net profit increased 30.5% to Rs 142.06 crore in Q3 FY25 as compared with Rs 108.82 crore in Q3 FY24. Net sales rose 8.4% YoY to Rs 1,140.66 crore during the quarter. Angel One reported 8.1% increase in consolidated net profit to Rs 281.47 crore in Q3 FY25 as compared with Rs 260.31 crore in Q3 FY24. Total income jumped 19.1% YoY to Rs 1,263.80 crore during the quarter. Bharat Electronics has received work order totaling Rs 561 crore with major orders including communication equipment, electro-optics, upgrades for the satcom network, radar and fire control systems, spares, services, and more. JSW Energy has received a letter of intent for the 3.6 GW KSK Mahanadi thermal power plant and approval for its resolution plan for KSK Mahanadi power. Zee Media Corporation's board approved for exploring available options for raising of funds through all permitted instruments, including but not limited to, by way of issuance of equity shares/ convertible bonds/ debentures/ warrants/ preference shares/ foreign currency convertible bond (FCCB) / any other equity linked securities and/ or any other securities including through preferential issue on a private placement basis, qualified institutional placement or any other methods or combinations thereof, listed or unlisted, for an amount not exceeding Rs. 400 crores, in one or more tranches. Meanwhile, the company's board also approved to increase the shareholding limits for Foreign Portfolio Investors (FPIs) and Foreign Institutional Investors ('FIls') from 24% to 49% of the paid-up share capital of the company. United Spirits' board has appointed Praveen Someshwar as chief executive officer (CEO) who will closely work with Hina Nagarajan up to 31st March 2025. Further, with effect from 1st April 2025, Praveen Someshwar will assume office as the new managing director & chief executive officer (MD& CEO) of the company. Meanwhile, Hina Nagarajan has tender her resignation as director, managing director (MD) and chief executive officer (CEO) with effective from 31 March 2025.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Bharat Electronics wins orders worth Rs 561 cr

Bharat Electronics has secured additional orders worth Rs 561 crore since the last disclosure on 23 December 2024. Major orders include communication equipment, electro optics, upgrades for satcom network, radar & fire control system, spares, services etc. With these orders, BEL has now accumulated orders totalling Rs. 10,362 crore in the current financial year. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Bharat Electronics to hold board meeting

Bharat Electronics will hold a meeting of the Board of Directors of the Company on 30 January 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bharat Electronics announces cessation of directors

Bharat Electronics announced the cessation of the following independent directors with effect from 28 December 2024: 1. Dr. Parthasarathi P V (DIN: 06400408 ) 2. Mansukhbhai Shamjibhai Khachariya (DIN: 01423119) 3. Dr. Santhoshkumar N (DIN: 09451052) 4. Prafulla Kumar Choudhury (DIN: 00871919) 5. Dr. Shiv Nath Yadav (DIN: 09450917) Powered by Capital Market - Live

1 month agoCapital Market - Live