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Bharat Electronics Ltd

BEL Share Price

315.852.83% (+8.70)

BEL Share Price Chart

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Information TechnologyElectronic Equipments
LargecapWith a market cap of ₹2,30,879 cr, stock is ranked 33
Moderate RiskStock is 2.69x as volatile as Nifty

How to use scorecard? Learn more

Information TechnologyElectronic Equipments
LargecapWith a market cap of ₹2,30,879 cr, stock is ranked 33
Moderate RiskStock is 2.69x as volatile as Nifty

BEL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
46.2514.130.70%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
27.467.662.67%

BEL Analyst Ratings & Forecast

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

from 23 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.

BEL Similar Stocks (Peers)

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PE Ratio
60.28
1Y Return
20.97%
Buy Reco %
50.00
PE Ratio
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1Y Return
305.98%
Buy Reco %
88.89
PE Ratio
98.86
1Y Return
50.56%
Buy Reco %
100.00
PE Ratio
98.82
1Y Return
2.34%
Buy Reco %
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PE Ratio
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1Y Return
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80.95
Compare with Peers
BEL Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly

BEL Stock Summary · February 2025

Bharat Electronics Limited has demonstrated robust financial growth, with a 23.41% year-over-year increase in turnover, driven by successful execution of major defense projects and a strong order book of INR 71,100 crores. Despite facing challenges such as a substantial provision for liquidated damages and a 6.7% decline in order backlog, management remains optimistic about achieving over 15% revenue growth and improving EBITDA margins to around 25%. The company is actively finalizing large contracts, particularly in defense, while also focusing on diversifying its revenue streams, including a target of 10-15% from non-defense sectors. Additionally, ongoing efforts in indigenization and technological advancements position BEL favorably in the competitive landscape, particularly in the anti-drone system market.

Key Points on Bel Stock
BEL Stock Growth Drivers
7
  • Strong Financial Performance

    Bharat Electronics Limited reported significant financial growth in the third quarter of FY '25, with

  • Order Inflow and Project Progress

    The company is on track to meet its guidance of INR 25,000 crores for order

BEL Stock Challenges
5
  • Provision for Liquidated Damages and Doubtful Debts

    Bharat Electronics Limited has reported a significant provision of approximately INR 600 crores related to

  • Concerns Over Margin Rates and Backlog Execution

    There are concerns regarding the margin rates associated with a backlog of approximately INR 70,000

BEL Forecasts

Price

Revenue

Earnings

BEL

Income

Balance Sheet

Cash Flow

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 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

BEL 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
 

BEL Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyElectronic Equipments

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bharat Electronics Ltd57.9414.130.70%
Honeywell Automation India Ltd60.288.380.29%
PG Electroplast Ltd167.9621.790.02%
Zen Technologies Ltd98.8627.110.07%

BEL Stock Price Comparison

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

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

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

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

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

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)
1.2951%5.92%0.28%3/61 (-1)
0.4535%20.47%0.47%1/24 (0)
0.4508%2.10%0.30%8/73 (+5)

Compare 3-month MF holding change on Screener

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

Looks like this stock is not in any smallcase yet.

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 0.72%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹7.16 every year

Dividends

Corp. Actions

Announcements

Legal Orders

BEL Upcoming Dividends

No upcoming dividends are available

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

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

4 days 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 weeks agoCapital Market - Live
Spotlight
BEL soars after bagging deal from Defence Ministry for supplying electronic warfare suite

These systems are indigenously designed and developed by CASDIC, DRDO and manufactured by BEL. The Combat Aircraft Systems Development & Integration Centre (CASDIC) is a DRDO lab under Defence Electronics Research Laboratory (DLRL), Hyderabad, which develops and integrates combat aircraft systems. The electronic warfare (EV) suite comprises radar warning receiver (RWR), missile approach warning system (MAWS) and counter measure dispensing system (CMDS) which significantly enhance the combat survivability of the helicopters along with effective counter measures. With this, BEL has now accumulated orders totalling Rs 2,803 crore in the current financial year,' the company said in a statement. Bharat Electronics Limited (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%. The company's consolidated net profit surged 52.5% to Rs 1,310.95 crore on 38.6% rise in revenue from operations to Rs 5,770.69 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bharat Electronics wins order of Rs 2,210 cr from Ministry of Defence

Bharat Electronics (BEL) has signed a contract with Ministry of Defence valued at Rs.2,210 crore (excluding taxes) for supply of EW Suite for Mi 17 V5 Helicopters of Indian Air Force. These systems are indigenously designed and developed by CASDIC, DRDO and manufactured by BEL. The EW Suite comprises Radar Warning Receiver (RWR), Missile Approach Warning System (MAWS) and Counter Measure Dispensing System (CMDS) which significantly enhance the combat survivability of the helicopters along with effective counter measures.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
BEL gains on bagging Rs 593-cr order from Indian Air Force

The agreement covers servicing support for the Akash Missile System, which the company had previously supplied to the IAF. With this, BEL has commenced the current financial year, 2025-26, with Rs 593.22 crore in order acquisitions. In addition to this contract, the company has successfully concluded negotiations with customers for acquiring orders worth Rs 5,000 crore. Bharat Electronics Limited (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. BEL has also diversified into various areas like homeland security solutions, smart cities, e-governance solutions, space electronics including satellite integration, energy storage products including e-vehicle charging stations, solar, network & cyber security, railways & metro solutions, airport solutions, electronic voting machines, telecom products, passive night vision devices, medical electronics, composites, and software solutions. The Government of India (GoI) remains BEL's largest shareholder with the current shareholding of 51.14%. The company's consolidated net profit surged 52.5% to Rs 1,310.95 crore on 38.6% rise in revenue from operations to Rs 5,770.69 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bharat Electronics secures order of Rs 593 cr from Indian Air Force

Bharat Electronics (BEL) has signed a contract with Indian Air Force valued at Rs.593.22 crore (excluding taxes) for providing maintenance services for the Akash Missile System,which was supplied by BEL. With this, BEL has commenced the current financial year 2025-26 with Rs.593.22 crore order acquisition. Further, the company has concluded negotiations with customers for acquisition of orders worth Rs.5,000 crore. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
BEL corrects 8% in two session as order inflows miss FY25 target

Over the two sessions, Bharat Electronics (BEL)'s stock has slipped 7.97%. On 1 April 2025, the company announced total order inflows of Rs 18,715 crore for FY24-25, falling short of its Rs 25,000 crore target. During its Q3 FY25 earnings call, BEL's management had guided analysts toward achieving this milestone, but actual inflows failed to meet expectations. As on 1 April 2025, BEL's total order book stands at around Rs 71650 crore, including export order book of $359 million. BEL posted a provisional and unaudited turnover of Rs 23,000 crore for FY25, reflecting a 16% growth from Rs 19,820 crore in the previous year. Export sales also saw a rise, reaching $106 million compared to $92.98 million in FY24, marking a 14% increase. Manoj Jain, chairman & managing director, BEL, said: BEL strives to attain self-reliance through enhanced indigenisation efforts, expansion and modernisation, outsourcing to Indian industries including MSMEs & start-ups. BEL has rolled out strategies to maximise its global outreach and footprint in International market segments in the coming years. All these efforts will help BEL to retain its market leadership position in the strategic electronics sector. Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy and the air force. BEL has also diversified into various areas like homeland security solutions, smart cities, e-governance solutions, space electronics including satellite integration, energy storage products including e-vehicle charging stations, solar, network & cyber security, railways & metro solutions, airport solutions, electronic voting machines, telecom products, passive night vision devices, medical electronics, composites and software solutions. The Government of India (GoI) remains BEL's largest shareholder with the current shareholding of 51.14%. The company's consolidated net profit surged 52.5% to Rs 1310.95 crore on 38.6% rise in revenue from operations to Rs 5770.69 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bharat Electronics achieves turnover of Rs 23,000 cr in FY25

Bharat Electronics (BEL) has achieved a turnover of around Rs.23,000 crore (Provisional & Unaudited), during the Financial Year 2024-25, against the previous year's turnover of Rs.19,820 crore registering a growth of 16%. This includes Export sales of around US$ 106 Million during FY 2024-25, as against the previous year's export turnover of US$ 92.98 Million, registering a growth of 14%. In the fiscal year 2024-25, BEL secured orders worth Rs.18,715 crore Some of the major orders received during the year are BMPIIUpgrade, Ashwini Radar,Software Defined Radios, Data link, Multi-Function Radars, EON 51, Seekers, Anti drone system, Airport Surveillance Radar, Sonar Upgradation, Flycatcher spares, Radar upgradation, Spares and Services etc and other projects in Non-defence sector. With this, the total Order book of BEL as on 01 April 2025,stands at around Rs.71,650 crore including Export Order Book of USD 359 Million.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Bharat Electronics drops on missing FY25 order inflow target

During its Q3 FY25 conference call, BEL's management guided analysts towards achieving the Rs 25,000 crore order target, but actual inflows remained below expectations. As on 1 April 2025, BEL's total order book stands at around Rs 71650 crore, including export order book of $359 million. BEL posted a provisional and unaudited turnover of Rs 23,000 crore for FY25, reflecting a 16% growth from Rs 19,820 crore in the previous year. Export sales also saw a rise, reaching $106 million compared to $92.98 million in FY24, marking a 14% increase. Manoj Jain, chairman & managing director, BEL, said: BEL strives to attain self-reliance through enhanced indigenisation efforts, expansion and modernisation, outsourcing to Indian industries including MSMEs & start-ups. BEL has rolled out strategies to maximise its global outreach and footprint in International market segments in the coming years. All these efforts will help BEL to retain its market leadership position in the strategic electronics sector. Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy and the air force. BEL has also diversified into various areas like homeland security solutions, smart cities, e-governance solutions, space electronics including satellite integration, energy storage products including e-vehicle charging stations, solar, network & cyber security, railways & metro solutions, airport solutions, electronic voting machines, telecom products, passive night vision devices, medical electronics, composites and software solutions. The Government of India (GoI) remains BEL's largest shareholder with the current shareholding of 51.14%. The company's consolidated net profit surged 52.5% to Rs 1310.95 crore on 38.6% rise in revenue from operations to Rs 5770.69 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
BEL bags new orders worth Rs 1,385 crore; FY25 order book stands at Rs 18,415 crore

These orders encompass a range of products and services, including radar spares, radar upgrades, electronic voting machines, simulators, advanced land navigation systems, tank stabilizers, ship-based decoy fire control systems, communication equipment, and other spares and services. With these new orders, Bharat Electronics' total accumulated orders for the current financial year now stand at Rs 18,415 crore,' the company said in a statement. Navratna public sector undertaking Bharat Electronics (BEL) caters to the electronic equipment requirements of the defence sector. BEL is the dominant supplier of radar, communication, and electronic warfare equipment to the Indian armed forces. The Government of India (GOI) remains BEL's largest shareholder with the current shareholding of 51.14%. The company's standalone net profit surged 47.33% to Rs 1,316.06 crore on 39.15% rise in revenue from operations to Rs 5,756.12 crore in Q3 FY25 over Q3 FY24. The scrip rose 0.90% to currently trade at Rs 303.40 on the BSE. Powered by Capital Market - Live

1 month agoCapital Market - Live

Frequently asked questions

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

    The share price of BEL as on 9th May 2025 is ₹315.85. 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: -2.60%
    • Past 1 month: 9.38%
    • Past 3 months: 13.90%
    • Past 6 months: 5.37%
    • Past 1 year: 39.63%
    • Past 3 years: 320.29%
    • Past 5 years: 1475.31%

  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 0.70.

  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 ₹230879.36 Cr as of 9th May 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 ₹340.50 and the 52-week low is ₹221.

  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 57.94. The P/B (price-to-book) ratio is 14.13.

  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.