Bharat Electronics Limited (NSE:BEL)

Bharat Electronics Statistics

Total Valuation

NSE:BEL has a market cap or net worth of INR 3.02 trillion. The enterprise value is 2.94 trillion.

Market Cap	3.02T
Enterprise Value	2.94T

Important Dates

The last earnings date was Tuesday, May 19, 2026.

Earnings Date	May 19, 2026
Ex-Dividend Date	Mar 6, 2026

Share Statistics

Current Share Class	7.31B
Shares Outstanding	n/a
Shares Change (YoY)	+0.04%
Shares Change (QoQ)	+0.13%
Owned by Insiders (%)	0.00%
Owned by Institutions (%)	28.92%
Float	3.50B

Valuation Ratios

The trailing PE ratio is 49.85 and the forward PE ratio is 43.22.

PE Ratio	49.85
Forward PE	43.22
PS Ratio	10.94
PB Ratio	12.59
P/TBV Ratio	13.08
P/FCF Ratio	543.49
P/OCF Ratio	196.05
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 36.31, with an EV/FCF ratio of 528.23.

EV / Earnings	48.45
EV / Sales	10.64
EV / EBITDA	36.31
EV / EBIT	38.99
EV / FCF	528.23

Financial Position

The company has a current ratio of 1.98, with a Debt / Equity ratio of 0.00.

Current Ratio	1.98
Quick Ratio	1.11
Debt / Equity	0.00
Debt / EBITDA	0.01
Debt / FCF	0.12
Interest Coverage	1,113.47

Financial Efficiency

Return on equity (ROE) is 27.56% and return on invested capital (ROIC) is 38.68%.

Return on Equity (ROE)	27.56%
Return on Assets (ROA)	10.97%
Return on Invested Capital (ROIC)	38.68%
Return on Capital Employed (ROCE)	29.65%
Weighted Average Cost of Capital (WACC)	5.92%
Revenue Per Employee	24.65M
Profits Per Employee	5.41M
Employee Count	11,199
Asset Turnover	0.65
Inventory Turnover	1.45

Taxes

In the past 12 months, NSE:BEL has paid 20.29 billion in taxes.

Income Tax	20.29B
Effective Tax Rate	25.08%

Stock Price Statistics

The stock price has increased by +15.48% in the last 52 weeks. The beta is 0.30, so NSE:BEL's price volatility has been lower than the market average.

Beta (5Y)	0.30
52-Week Price Change	+15.48%
50-Day Moving Average	435.01
200-Day Moving Average	414.92
Relative Strength Index (RSI)	42.62
Average Volume (20 Days)	13,273,827

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 276.10 billion and earned 60.62 billion in profits. Earnings per share was 8.29.

Revenue	276.10B
Gross Profit	135.77B
Operating Income	74.94B
Pretax Income	80.92B
Net Income	60.62B
EBITDA	80.49B
EBIT	74.94B
Earnings Per Share (EPS)	8.29

Balance Sheet

The company has 85.72 billion in cash and 654.60 million in debt, with a net cash position of 85.07 billion.

Cash & Cash Equivalents	85.72B
Total Debt	654.60M
Net Cash	85.07B
Net Cash Per Share	n/a
Equity (Book Value)	240.07B
Book Value Per Share	32.82
Working Capital	187.97B

Cash Flow

In the last 12 months, operating cash flow was 15.41 billion and capital expenditures -9.85 billion, giving a free cash flow of 5.56 billion.

Operating Cash Flow	15.41B
Capital Expenditures	-9.85B
Depreciation & Amortization	5.56B
Net Borrowing	-72.40M
Free Cash Flow	5.56B
FCF Per Share	n/a

Margins

Gross margin is 49.17%, with operating and profit margins of 27.14% and 21.96%.

Gross Margin	49.17%
Operating Margin	27.14%
Pretax Margin	29.31%
Profit Margin	21.96%
EBITDA Margin	29.15%
EBIT Margin	27.14%
FCF Margin	2.01%

Dividends & Yields

This stock pays an annual dividend of 2.85, which amounts to a dividend yield of 0.67%.

Dividend Per Share	2.85
Dividend Yield	0.67%
Dividend Growth (YoY)	23.91%
Years of Dividend Growth	5
Payout Ratio	34.36%
Buyback Yield	-0.04%
Shareholder Yield	0.64%
Earnings Yield	2.01%
FCF Yield	0.18%

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