Bharat Electronics Limited (NSE:BEL)
India flag India · Delayed Price · Currency is INR
376.50
+6.60 (1.78%)
Nov 2, 2026, 3:29 PM IST

Bharat Electronics Statistics

Total Valuation

NSE:BEL has a market cap or net worth of INR 2.75 trillion. The enterprise value is 2.66 trillion.

Market Cap2.75T
Enterprise Value 2.66T

Important Dates

The last earnings date was Friday, October 30, 2026.

Earnings Date Oct 30, 2026
Ex-Dividend Date Aug 13, 2026

Share Statistics

Current Share Class 7.31B
Shares Outstanding n/a
Shares Change (YoY) -0.03%
Shares Change (QoQ) -0.30%
Owned by Insiders (%) 0.00%
Owned by Institutions (%) 31.61%
Float 3.49B

Valuation Ratios

The trailing PE ratio is 43.03 and the forward PE ratio is 36.41.

PE Ratio 43.03
Forward PE 36.41
PS Ratio 9.09
PB Ratio 10.46
P/TBV Ratio 10.84
P/FCF Ratio 96.04
P/OCF Ratio 69.98
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 30.96, with an EV/FCF ratio of 92.83.

EV / Earnings 41.53
EV / Sales 8.78
EV / EBITDA 30.96
EV / EBIT 33.26
EV / FCF 92.83

Financial Position

The company has a current ratio of 2.16, with a Debt / Equity ratio of 0.00.

Current Ratio 2.16
Quick Ratio 1.22
Debt / Equity 0.00
Debt / EBITDA 0.01
Debt / FCF 0.03
Interest Coverage 1,110.07

Financial Efficiency

Return on equity (ROE) is 26.75% and return on invested capital (ROIC) is 36.62%.

Return on Equity (ROE) 26.75%
Return on Assets (ROA) 11.23%
Return on Invested Capital (ROIC) 36.62%
Return on Capital Employed (ROCE) 28.78%
Weighted Average Cost of Capital (WACC) 5.97%
Revenue Per Employee 32.12M
Profits Per Employee 6.79M
Employee Count9,420
Asset Turnover 0.68
Inventory Turnover 1.58

Taxes

In the past 12 months, NSE:BEL has paid 21.36 billion in taxes.

Income Tax 21.36B
Effective Tax Rate 25.02%

Stock Price Statistics

The stock price has decreased by -11.64% in the last 52 weeks. The beta is 0.31, so NSE:BEL's price volatility has been lower than the market average.

Beta (5Y) 0.31
52-Week Price Change -11.64%
50-Day Moving Average 389.92
200-Day Moving Average 415.40
Relative Strength Index (RSI) 49.18
Average Volume (20 Days) 10,336,994

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 302.53 billion and earned 63.99 billion in profits. Earnings per share was 8.75.

Revenue302.53B
Gross Profit 138.21B
Operating Income 79.48B
Pretax Income 85.37B
Net Income 63.99B
EBITDA 85.34B
EBIT 79.48B
Earnings Per Share (EPS) 8.75
Full Income Statement

Balance Sheet

The company has 93.17 billion in cash and 852.00 million in debt, with a net cash position of 92.31 billion.

Cash & Cash Equivalents 93.17B
Total Debt 852.00M
Net Cash 92.31B
Net Cash Per Share n/a
Equity (Book Value) 262.77B
Book Value Per Share 35.97
Working Capital 208.02B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 39.29 billion and capital expenditures -10.66 billion, giving a free cash flow of 28.63 billion.

Operating Cash Flow 39.29B
Capital Expenditures -10.66B
Depreciation & Amortization 5.86B
Net Borrowing -47.70M
Free Cash Flow 28.63B
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 45.68%, with operating and profit margins of 26.27% and 21.15%.

Gross Margin 45.68%
Operating Margin 26.27%
Pretax Margin 28.22%
Profit Margin 21.15%
EBITDA Margin 28.21%
EBIT Margin 26.27%
FCF Margin 9.46%

Dividends & Yields

This stock pays an annual dividend of 2.50, which amounts to a dividend yield of 0.66%.

Dividend Per Share 2.50
Dividend Yield 0.66%
Dividend Growth (YoY) 4.17%
Years of Dividend Growth 5
Payout Ratio 34.23%
FCF Payout Ratio n/a
Buyback Yield 0.03%
Shareholder Yield 0.69%
Earnings Yield 2.32%
FCF Yield 1.04%
Dividend Details

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

Analyst Forecast

The average price target for NSE:BEL is 489.97, which is 30.14% higher than the current price. The consensus rating is "Strong Buy".

Price Target 489.97
Price Target Difference 30.14%
Analyst Consensus Strong Buy
Analyst Count 32
Revenue Growth Forecast (3Y) 15.54%
EPS Growth Forecast (3Y) 16.10%

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 5