Bharat Electronics Limited (NSE:BEL)

Bharat Electronics Statistics

Total Valuation

NSE:BEL has a market cap or net worth of INR 3.12 trillion. The enterprise value is 3.03 trillion.

Market Cap	3.12T
Enterprise Value	3.03T

Important Dates

The last earnings date was Monday, October 27, 2025.

Earnings Date	Oct 27, 2025
Ex-Dividend Date	Aug 14, 2025

Share Statistics

Current Share Class	7.31B
Shares Outstanding	n/a
Shares Change (YoY)	+0.01%
Shares Change (QoQ)	+0.33%
Owned by Insiders (%)	0.00%
Owned by Institutions (%)	27.69%
Float	3.51B

Valuation Ratios

The trailing PE ratio is 54.69 and the forward PE ratio is 47.16.

PE Ratio	54.69
Forward PE	47.16
PS Ratio	12.38
PB Ratio	14.43
P/TBV Ratio	15.04
P/FCF Ratio	327.15
P/OCF Ratio	156.78
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 40.78, with an EV/FCF ratio of 318.71.

EV / Earnings	53.28
EV / Sales	12.07
EV / EBITDA	40.78
EV / EBIT	43.57
EV / FCF	318.71

Financial Position

The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.00.

Current Ratio	1.82
Quick Ratio	0.93
Debt / Equity	0.00
Debt / EBITDA	0.01
Debt / FCF	0.06
Interest Coverage	694.59

Financial Efficiency

Return on equity (ROE) is 29.01% and return on invested capital (ROIC) is 22.00%.

Return on Equity (ROE)	29.01%
Return on Assets (ROA)	10.47%
Return on Invested Capital (ROIC)	22.00%
Return on Capital Employed (ROCE)	30.50%
Revenue Per Employee	22.46M
Profits Per Employee	5.09M
Employee Count	11,199
Asset Turnover	0.61
Inventory Turnover	1.32

Taxes

In the past 12 months, NSE:BEL has paid 19.57 billion in taxes.

Income Tax	19.57B
Effective Tax Rate	25.57%

Stock Price Statistics

The stock price has increased by +47.67% in the last 52 weeks. The beta is 0.36, so NSE:BEL's price volatility has been lower than the market average.

Beta (5Y)	0.36
52-Week Price Change	+47.67%
50-Day Moving Average	397.66
200-Day Moving Average	350.16
Relative Strength Index (RSI)	63.12
Average Volume (20 Days)	14,515,679

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NSE:BEL had revenue of INR 251.52 billion and earned 56.96 billion in profits. Earnings per share was 7.79.

Revenue	251.52B
Gross Profit	122.48B
Operating Income	69.32B
Pretax Income	76.52B
Net Income	56.96B
EBITDA	74.01B
EBIT	69.32B
Earnings Per Share (EPS)	7.79

Balance Sheet

The company has 81.17 billion in cash and 588.90 million in debt, giving a net cash position of 80.58 billion.

Cash & Cash Equivalents	81.17B
Total Debt	588.90M
Net Cash	80.58B
Net Cash Per Share	n/a
Equity (Book Value)	215.84B
Book Value Per Share	29.48
Working Capital	164.95B

Cash Flow

In the last 12 months, operating cash flow was 19.87 billion and capital expenditures -10.35 billion, giving a free cash flow of 9.52 billion.

Operating Cash Flow	19.87B
Capital Expenditures	-10.35B
Free Cash Flow	9.52B
FCF Per Share	n/a

Margins

Gross margin is 48.70%, with operating and profit margins of 27.56% and 22.64%.

Gross Margin	48.70%
Operating Margin	27.56%
Pretax Margin	30.42%
Profit Margin	22.64%
EBITDA Margin	29.43%
EBIT Margin	27.56%
FCF Margin	3.79%

Dividends & Yields

This stock pays an annual dividend of 2.40, which amounts to a dividend yield of 0.58%.

Dividend Per Share	2.40
Dividend Yield	0.58%
Dividend Growth (YoY)	9.09%
Years of Dividend Growth	4
Payout Ratio	29.68%
Buyback Yield	-0.01%
Shareholder Yield	0.57%
Earnings Yield	1.83%
FCF Yield	0.31%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 15, 2022. It was a forward split with a ratio of 3.

Last Split Date	Sep 15, 2022
Split Type	Forward
Split Ratio	3

Scores

Altman Z-Score	n/a
Piotroski F-Score	6