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Bharat Electronics

Bharat Electronics

NSE: BELBSE 500049Industrialswww.bel-india.in
View MapTV Chart
409.90
3.30+0.81%
DAY404
412
52W361
473
Open405.00
Prev Close406.60
Bid409.883.6K
Ask409.922.3K
Volume9.1M32%vs 20D avg
Valuation vs Sector
P/E Ratio▼ 0.2%
49.03vs Sector 49.15
lower = cheaper
P/B Ratio▼ 1.3%
12.38vs Sector 12.54
lower = cheaper
Div Yield
1.07%vs Sector
higher = more income
Market Cap₹0
P/E TTM49.45
Book Value₹32.82
EPS TTM₹8.29
ROCE38.9%
ROE27.56%
D/E0.27
Div Yield1.07%
Valuation

Bharat Electronics Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Bharat Electronics Ltd, framed against the sector median so the premium or discount is obvious at a glance.

Bharat Electronics Ltd trades at a P/E of 49.45×.

the price tag

Valuation

Market Cap
P/E Ratio
watch49.45
P/B Ratio
good
EPS
8.29
the engine

Profitability

ROE
good27.56%
ROCE
good38.9%
Net Margin
good21.96%
Op Margin
watch%
the trajectory

Growth

EPS 5Y
watch%
Revenue 5Y
watch%
Qtr Sales
avg4.62%
Qtr Profit
good22.6%
the balance sheet

Financial Health

Debt / Equity
good0.27
Book Value
32.82
Div Yield
avg1.07%
Promoter Hold.
good51.1%
Financials

Bharat Electronics Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Bharat Electronics Ltd, switchable between annual and quarterly views, consolidated or standalone.

Bharat Electronics Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current reported EPS of ₹8.29.

all values in ₹ Cr unless suffixed · source: company filings
Investment Thesis

Bharat Electronics Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy Bharat Electronics Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

Bharat Electronics Ltd's investment case rests on 10 positive markers and 7 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Robust profitability. ROE 29.20%, ROCE 38.90%, OPM 27.55%.

  • Strong quarterly profit growth of 22.60% indicates robust operational performance.

  • Virtually debt-free operations with an exceptionally low debt-to-equity ratio of 0.00.

  • Consistent EPS growth. 30.42% over 3Y, 23.88% over 5Y.

  • High promoter holding of 51.1% signifies strong management confidence.

bear case

What can break it.

  • High Price-to-Earnings ratio of 53.88 suggests potential overvaluation.

  • Negative annual cash flow per share of -0.5809 indicates liquidity concerns.

  • High beta of 1.7709 suggests higher stock price volatility than the market.

  • Dividend yield is relatively low at 0.55% for income-focused investors.

  • Intense competition from strong players like HAL, BDL, and GRSE.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 64. The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 23%. The operating engine is no longer compounding capital efficiently.

Shareholding

Bharat shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Bharat — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Bharat Electronics Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Bharat Electronics Ltd is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Hindustan Aeronautics Ltd
2.84L ₹ Cr
Best Profit Growth
Bharat Dynamics Ltd
154.00 %
Highest Dividend Yield
Bharat Electronics Ltd
1.07 %

Peer Comparison

Company Name
APOLLO
Apollo Micro Systems Ltd
ASTRAMICRO
Astra Microwave Products Ltd
AXISCADES
AXISCADES Technologies Ltd
BDL
Bharat Dynamics Ltd
BEL
Bharat Electronics LtdCurrent Stock
DATAPATTNS
Data Patterns (India) Ltd
DCXINDIA
DCX Systems Ltd
GRSE
Garden Reach Shipbuilders & Engineers Ltd
HAL
Hindustan Aeronautics Ltd
IDEAFORGE
Ideaforge Technology Ltd
MIDHANI
Mishra Dhatu Nigam Ltd
MTARTECH
MTAR Technologies Ltd
PARAS
Paras Defence and Space Technologies Ltd
UNIMECH
Unimech Aerospace and Manufacturing Ltd
ZENTEC
Zen Technologies Ltd
Technicals

Bharat Electronics Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Bharat Electronics Ltd — derived from the live tape, not yesterday's close.

Bharat Electronics Ltd last traded at ₹409.9 with an intraday range of ₹404–₹411.55 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹409.90
LevelPrice (₹)Distance% Δ
R4428.07+18.17+4.43%
R3420.52+10.62+2.59%
R2416.03+6.13+1.50%
R1412.97+3.07+0.75%
PIVOT408.48-1.42-0.35%
CURRENT409.90
S1390.32-19.58-4.78%
S2397.87-12.03-2.94%
S3400.93-8.97-2.19%
S4405.42-4.48-1.09%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 407.77P: 408.48TC: 409.19
R1
R2
R3
R4
indicator
LTP: 409.90
PDH: 408.95
PDL: 403.10
● Market Sentiment

BEL is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 404 ~ 408.95

● Price Position

Trading Above opening range, showing Bullishness

Delivery & Volume

Bharat Electronics Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Bharat Electronics Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Bharat Electronics Ltd stood at 54.6% of traded volume, against a 20-day average of 49.9%.

Avg Delivery (20D)49.9%+4.7 ppt latest vs avg
Highest Delivery69.1%on 29 May
Avg Volume (20D)1.33 Cr20-day run-rate
Conviction Trend↑ Strengthening+4.7 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Bharat Electronics announcements: results, concalls, ratings, M&A.

Filings Bharat Electronics sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Corporate Actions

Bharat Electronics dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Bharat Electronics has declared, sequenced by announce and record date.

Bharat Electronics corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Segment Analysis

Bharat Electronics segment analysis: revenue and profit mix.

Disclosed business segments at Bharat Electronics with their share of revenue and profit, switchable between consolidated and standalone reporting.

Bharat Electronics discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

About the Company

About Bharat Electronics Ltd: business, sector, key facts.

What Bharat Electronics Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Bharat Electronics Ltd operates in the Industrials, listed as NSE: BEL, BSE: 500049.

BEL
Industrials

Bharat Electronics Ltd

NSE · BEL·BSE · 500049·www.bel-india.in

Bharat Electronics Limited (BEL) is a prominent Indian public sector undertaking specializing in the design, manufacture, and supply of electronic equipment and systems. Its primary markets are defense and civilian sectors within India, with a significant export presence across various countries including the United States, France, and several others in Asia and Europe. A key focus for BEL is providing advanced technological solutions tailored to meet diverse national needs.

Within the defense sector, BEL's product portfolio is extensive, encompassing a wide range of critical systems. This includes communication systems for defense applications, land and naval-based radar systems, electronic warfare equipment, avionics for aircraft, electro-optical systems, and components for tanks and armored vehicles. Furthermore, they develop weapon systems, command, control, communication, and intelligence (C4I) systems, as well as simulators and power systems like batteries. Their expertise extends to the production of micro-electromechanical systems (MEMS) for diverse applications.

BEL's involvement in the civilian market is equally significant, offering a diverse array of products and services. These include e-governance systems designed to improve government efficiency, homeland security products focusing on national safety, and various civilian radar systems. They also contribute to infrastructure projects with solutions such as integrated traffic management systems and real-time train information systems, as well as developing solar power solutions. Additionally, they cater to the growing need for cybersecurity by providing data diodes and secure storage products and services including security architecture consulting.

Beyond its core product lines, BEL also provides essential electronic manufacturing services (EMS). This includes PCB assembly and testing, precision machining, opto-electronic component assembly, and the creation of various electronic sub-assemblies and components. This EMS capability supports both internal production and external clients, showcasing BEL's vertically integrated manufacturing capabilities. The company also offers software services supporting its diverse product range and further diversifies its offerings with products such as EV charging stations and platform screen doors, demonstrating a commitment to emerging technologies and modern infrastructure solutions.

Established in 1954 and headquartered in Bengaluru, India, BEL's longevity and continued growth highlight its crucial role in India's technological advancement and national security. Its broad range of products and services across defense and civilian sectors, complemented by its significant EMS capabilities, solidify its position as a key player in the Indian electronics industry and a significant exporter of sophisticated technological solutions globally.

company facts
Founded / IPO
Employees
SectorIndustrials
HeadquartersBengaluru, India
Market Cap
Listed OnNSE
leadership18 on record
Mr. Manoj Jain
Executive Chairman of the Board, Managing Director, Director of Bangalore Complex
Shri. Damodar Bhattad
Chief Financial Officer, Finance Director, Executive Director
Mr. Sripada Sreenivas
Compliance Officer, Company Secretary
Shri. Kaipa Venkata Suresh Kumar
Executive Director, Director - Marketing
Mr. Vikraman Nagarajan
Director of Human Resources, Whole-Time Director
Shri. Bhanu Srivastava
Executive Director, Director - Other Units, Director of Research and Development
Shri. Rajeev Prakash
Part-time Official Government Nominee Director
Dr. Binoy Das
Part-Time Non-Executive Government Nominee Director
Mr. Manoj Jain
MD & Chairman
Mr. Damodar S. Bhattad
CFO, Director of Finance & Whole-Time Director
Mr. Kaipa Venkata Suresh Kumar
Director of Marketing, Chief Indigenization Officer & Whole-Time Director
Mr. Rajnish Sharma
Director of Bangalore Complex & Director
§ ∞ · Plainly Answered

Questions investors ask about Bharat Electronics Ltd (BEL).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Bharat Electronics Ltd (BEL)?

The current share price of Bharat Electronics Ltd (BEL) is ₹409.9. Today, the stock has gained by ₹3.30 (0.81%), trading in a range of ₹404 to ₹411.55. The stock opened at ₹405 with a trading volume of 91,19,774 shares.

02Is Bharat Electronics Ltd stock a good investment for long-term?

Bharat Electronics Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹0 crores, P/E ratio of 49.45, ROE of 27.56%, and ROCE of 38.90%. The dividend yield stands at 1.07%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Bharat Electronics Ltd stock?

The 52-week high price of Bharat Electronics Ltd (BEL) is ₹473.45, while the 52-week low is ₹361.2. Currently trading at ₹409.9, the stock is 43.4% away from its 52-week low and 13.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Bharat Electronics Ltd stock at the current price?

Whether to buy Bharat Electronics Ltd stock at ₹409.9 depends on multiple factors. The stock is currently trading with a P/E ratio of 49.45 and P/B ratio of N/A. Today's performance shows a gain of 0.81%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Bharat Electronics Ltd and when is the next dividend?

Bharat Electronics Ltd offers a dividend yield of 1.07%, which means for every ₹100 invested at the current price of ₹409.9, you can expect to receive approximately ₹1.07 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Bharat Electronics Ltd?

Bharat Electronics Ltd's key financial metrics include: P/E Ratio: 49.45, P/B Ratio: N/A, ROE: 27.56%, ROCE: 38.90%, Dividend Yield: 1.07%, EPS: ₹8.29, Book Value: ₹32.82, Debt-to-Equity: 0.27, and Current Ratio: N/A. The company's market cap stands at ₹0 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Bharat Electronics Ltd stock performing today in the market?

Bharat Electronics Ltd stock opened at ₹405 and is currently trading at ₹409.9, showing a gain of ₹3.30 (0.81%). The intraday high is ₹411.55 and low is ₹404. The trading volume stands at 91,19,774 shares, indicating strong market participation today.

08What is the P/E ratio of Bharat Electronics Ltd and what does it indicate?

Bharat Electronics Ltd has a Price-to-Earnings (P/E) ratio of 49.45, which means investors are willing to pay ₹49.45 for every ₹1 of earnings. With an EPS of ₹8.29, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Bharat Electronics Ltd (BEL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.