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Bharat Electronics Ltd

BEL Share Price

417.600.94% (+3.90)
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With a market cap of ₹3,05,256 cr, stock is ranked 25

Stock is 2.45x as volatile as Nifty

BEL Stock Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

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

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹3,05,256 cr, stock is ranked 25

Stock is 2.45x as volatile as Nifty

BEL Performance & Key Metrics

BEL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
53.5915.270.57%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
28.267.432.58%

BEL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
84%
Analysts have suggested that investors can buy this stock

from 25 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
56.65
56.65
1Y Return
17.33%
17.33%
Buy Reco %
25.00
25.00
PE Ratio
58.06
58.06
1Y Return
31.03%
31.03%
Buy Reco %
62.50
62.50
PE Ratio
46.88
46.88
1Y Return
29.42%
29.42%
Buy Reco %
100.00
100.00
PE Ratio
80.08
80.08
1Y Return
30.26%
30.26%
Buy Reco %
77.27
77.27
PE Ratio
39.40
39.40
1Y Return
43.82%
43.82%
Buy Reco %
60.00
60.00
Compare with Peers

BEL Sentiment Analysis

BEL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

BEL Stock Summary · November 2025

Bharat Electronics Limited is strategically enhancing its export growth, targeting a rise from 3-4% to 10% of turnover over the long term, supported by a robust order book valued at approximately USD 326 million. Despite facing operational challenges, including potential delivery delays due to component availability, the company reported a significant 15.92% revenue increase year-over-year, bolstered by effective cost management and a strong pipeline of emergency procurement orders. Investment in R&D and capital expenditures exceeding INR 2,600 crores underscores its commitment to innovation, particularly in defense systems like the QRSAM program. As BEL navigates the evolving landscape of defense electronics, market sentiment remains optimistic about its ability to secure substantial future orders and maintain a balanced order distribution across various military segments.

BEL Stock Growth Drivers
BEL Stock Growth Drivers
6
  • Strong Financial Performance

    Bharat Electronics Limited reported significant financial growth in the first half of FY '25/'26, with

  • Optimistic Order Book and Future Orders

    The company has a robust order book, with expectations to secure significant orders in the

BEL Stock Challenges
BEL Stock Challenges
0
No ConsHmm, looks like there are no
challenges

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.
Lower 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 13.41%, vs industry avg of 15.23%

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 55.08% to 44.62%

Higher 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 23.88%, vs industry avg of 23.55%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue9,076.5010,596.5312,237.1613,067.0714,233.6515,599.7218,015.2420,938.3824,511.1125,850.37
Raw Materialssubtract4,800.415,070.746,037.646,820.237,911.379,146.8510,183.8611,138.0413,008.5917,726.12
Power & Fuel Costsubtract37.9937.7843.8841.6038.1243.1346.8157.2155.85
Employee Costsubtract1,559.871,788.071,895.632,075.091,956.162,128.012,317.342,489.492,760.63
Selling & Administrative Expensessubtract214.95253.59290.54263.08326.69215.55278.86333.95364.85
Operating & Other expensessubtract251.211,211.24987.071,009.15662.60490.26817.811,198.22742.28
Depreciation/Amortizationsubtract211.63271.72338.13371.86387.32401.13428.82443.20467.38495.79
Interest & Other Itemssubtract17.876.3615.937.669.618.5518.8312.0612.5310.27
Taxes & Other Itemssubtract458.99525.31741.94654.55842.84767.37938.491,281.691,777.561,922.52
EPS1.991.952.582.492.873.284.085.457.287.79
DPS0.680.671.130.931.331.501.802.202.402.40
Payout ratio0.340.340.440.370.460.460.440.400.330.31

BEL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual report

PDF
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
 

BEL Stock Peers

BEL Past Performance & Peer Comparison

BEL Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyElectronic Equipments

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bharat Electronics Ltd57.3615.270.57%
Honeywell Automation India Ltd56.657.350.31%
PG Electroplast Ltd58.065.910.04%
Aditya Infotech Ltd46.8816.18

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%15.12%5.76%18.15%9.84%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

BEL Shareholding History

BEL Shareholding History

JunSepDec '24MarJunSep17.43%17.27%17.35%17.56%18.56%18.15%

Mutual Funds Invested in BEL

Mutual Funds Invested in BEL

No mutual funds holding trends are available

Top 5 Mutual Funds holding Bharat Electronics Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.0571%5.66%-0.39%2/64 (0)
0.4470%18.29%-0.59%1/28 (0)
0.4438%2.21%-0.11%3/70 (+2)

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 0.57%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.75 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 0.57%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.75 every year

BEL Upcoming Dividends

BEL Upcoming Dividends

No upcoming dividends are available

BEL Past Dividends

BEL Past Dividends

Cash Dividend

Ex DateEx DateAug 14, 2025

Final
Final | Div/Share: ₹0.90

Dividend/Share

0.90

Ex DateEx Date

Aug 14, 2025

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

BEL Stock News & Opinions

BEL Stock News & Opinions

Corporate
Bharat Electronics to discuss results

Bharat Electronics will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

6 days agoCapital Market - Live
Corporate
Bharat Electronics wins orders worth Rs 569 cr

Bharat Electronics has received additional orders of Rs 569 crore. Major orders received include communication equipment, medical electronics, instant fire detection & suppression system, upgrades, spares, services etc.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Bharat Electronics bags additional orders worth Rs 569-cr

In an exchange filing, the defence public sector undertaking said that the major orders include a wide range of products and services such as radars, tank overhaul systems, communication equipment, fire control systems, simulators, antenna stabilisation systems, security software, components, upgrades, spares, and related services. 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. As of September 2025, the Government of India held a 51.14% stake in the company. Its consolidated net profit jumped 17.87% to Rs 1,287.77 crore on 25.78% rise in revenue from operations to Rs 5,792.09 crore in Q2 FY26 over Q2 FY25. The counter shed 0.17% to Rs 392.75 on the BSE. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Live Market Update
Indices drift lower in early trade; breadth weak

The key equity barometers traded with minor losses in early trade, supported by subdued cues from global markets and FII selling weighed on the sentiment. Trading activity remained muted due to absence of strong domestic triggers and the year-end holiday period. The Nifty traded below the 25,900 level. Realty, PSU Bank and media shares leading the fall while metal, oil & gas and auto shares advanced. At 09:25 IST, the barometer index, the S&P BSE Sensex declined 198.13 points or 0.23% to 84,497.41. The Nifty 50 index fell 53.80 points or 0.21% to 25,888.30. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.38% and the S&P BSE Small-Cap index shed 0.49%. The market breadth was weak. On the BSE, 1,072 shares rose and 1,768 shares fell. A total of 183 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 2,759.89 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,643.85 crore in the Indian equity market on 29 December 2025, provisional data showed. Stocks in Spotlight: Lupin rose 0.61%. The company said that it has entered into an exclusive License, Supply, and Distribution Agreement with China-based Gan & Lee Pharmaceuticals for a novel fortnightly GLP-1 receptor agonist, Bofanglutide. Bofanglutide injection is indicated for the treatment of type 2 diabetes and for weight management in overweight or obese individuals. Bharat Electronics (BEL) advanced 0.41%. The company said that it has received additional orders worth Rs 569 crore since December 12. These orders include radars, tank overhauls, communication equipment, fire control systems, simulators, antenna stabilisation systems, security software, components, upgrades, and spares. Rail Vikas Nigam (RVNL) shed 0.56%. The company said that it has emerged as the lowest bidder for an order worth Rs 201.23 crore from East Coast Railway. The project involves setting up a wagon Periodic Overhaul (POH) workshop with a capacity of 200 wagons at Kantabanji. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.14% to 6.569 as compared with the previous close of 6.560. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 89.9250 compared with its close of 89.9825 during the previous trading session. MCX Gold futures for 5 February 2026 settlement rose 0.56% to Rs 135,687. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.01% to 98.02. The United States 10-year bond yield declined 0.05% to 4.115. In the commodities market, Brent crude for February 2025 settlement fell 19 cents or 0.31% to $61.75 a barrel. Global Markets: Asia markets traded mixed on Tuesday, after the tech sell-down on Wall Street continued on AI bubble fears. Investors will be focused on China's military exercises around Taiwan, after the world's second-largest economy announced new drills surrounding the island Monday. Overnight in the U.S., stocks fell on Monday, spurred by losses in technology, after the S&P 500 scaled to record levels last week. The S&P 500 dropped 0.35% and closed at 6,905.74, while the Nasdaq Composite shed 0.50% and settled at 23,474.35. The Dow Jones Industrial Average pulled back by 249.04 points, or 0.51%, and ended at 48,461.93. Meanwhile, silver pulled back more than 6% after reaching $80 per ounce for the first time ever overnight. This comes as the precious metal has had a massive run-up in 2025, surging almost 150% to become one of the year's hottest trades.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Bharat Electronics wins orders worth Rs 569 cr

Bharat Electronics has received news orders of Rs 569 crore. Major orders received include radars, tank overhaul, communication equipment, fire control systems, simulators, antenna stabilization systems, security software, components, upgrades, spares, services etc.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Bharat Electronics receives orders worth Rs 776 cr

Bharat Electronics has received orders worth Rs 776 crore. Major orders received include indigenous Counter Unmanned Aerial System (SAKSHAM), equipment, Software medical Defined electronics, Radios, gun Anti control Drone systems, Systems, weapon communication systems, security software, avionics, masts, components, upgrades, spares, services etc.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
BEL rises after signing JV pact with Safran for HAMMER missile production

Highly Agile Modular Munition Extended Range (HAMMER) is a combat-proven, precision-guided weapon compatible with aircraft such as Rafale and LCA Tejas. The agreement was signed in New Delhi on 24 November 2025 by BEL CMD Manoj Jain and SED executive vice president Alexandre Ziegler, in the presence of senior Defence Ministry officials and Safran leadership. The joint venture cooperation agreement (JVCA) formalises the intent outlined in an MoU signed during Aero India 2025. The proposed joint venture will be a 50:50 private limited company. It will localise production, supply and maintenance of HAMMER systems for the Indian Air Force and Indian Navy. The indigenisation level will gradually rise to 60%, covering key electronics, mechanical parts and sub-assemblies. Production transfer will be phased, with BEL handling final assembly, testing and quality assurance. BEL said the partnership will help strengthen India's defence manufacturing ecosystem and support Aatmanirbhar Bharat. 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. As on September 2025, the Government of India held 51.14% stake in the company. Its consolidated net profit jumped 17.87% to Rs 1,287.77 crore on 25.78% rise in revenue from operations to Rs 5,792.09 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bharat Electronics secures orders of Rs 871 cr

Bharat Electronics has secured additional orders worth Rs.871 crore since the last disclosure on 10 November 2025. Major orders received include fire control system, thermal imager, ground support equipment, upgrades, spares, services etc. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Bharat Electronics wins orders worth Rs 792 cr

Bharat Electronics has secured additional orders worth Rs.792 crore since the last disclosure on 30 October 2025. Major orders received include Defence network upgrade, radio communication network, radars, communication equipment, drones, combat management system, gun sighting system, upgrades, spares, services etcPowered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
BEL spurts as Q2 PAT jumps 18% YoY to Rs 1,288 crore

Profit before tax stood at Rs 1,727.95 crore in the second quarter of FY26, registering a growth of 19.56% on YoY basis. Total expenses rose 27.14% YoY to Rs 4,218.06 crore in the September 2025 quarter. The cost of materials consumed stood at Rs 3,014.2 crore (up 24.75%) while employee benefits expenses were at Rs 767.77 crore (up 17.03% YoY) during the period under review. The company's order book position stood at Rs 74,453 crore as of 1 October 2025. On a half yearly basis, the company's consolidated net profit jumped 19.86% to Rs 2,257.68 crore on 15.63% rise in revenue from operations to Rs 10,231.83 crore in H1 FY26 over H1 FY25. 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. 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 14th January 2026 is ₹417.60. 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: 1.32%
    • Past 1 month: 7.30%
    • Past 3 months: 3.78%
    • Past 6 months: 2.53%
    • Past 1 year: 54.72%
    • Past 3 years: 317.81%
    • Past 5 years: 800.39%

  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 0.57.

  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 ₹305256.36 Cr as of 14th January 2026.

  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 ₹436 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 57.36. The P/B (price-to-book) ratio is 15.27.

  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.