Bharat Electronics Ltd Analyst Rating
based on 24 analysts
84.00%
Buy
4.00%
Hold
12.00%
Sell
Based on 24 analysts offering long term price targets for Bharat Electronics Ltd. An average target of ₹331.54
Source: S&P Global Market Intelligence
Bharat Electronics Ltd Share analysis
Bharat Electronics Ltd price forecast by 24 analysts
Upside of11.07%
High
₹380
Target
₹331.54
Low
₹213
Bharat Electronics Ltd target price ₹331.54, a slight upside of 11.07% compared to current price of ₹290.85. According to 24 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Bharat Electronics Ltd revenue growth forecast
Expected growth rate Q1, FY2026:37.36%
Forecast
Actual
Including amortisation and stock based compensations
Bharat Electronics Ltd EPS growth forecast
EPS estimate Q1, FY2026:40.55%
Forecast
Actual
Source: S&P Global Market Intelligence
Bharat Electronics Ltd Performance
Day's Low
Day's High
₹289.35Day's Price Range₹302.152 Week's Low
52 Week's High
₹164.0552-Week Price Range₹340.5
| Returns % | |
| 1 Month Return | + 8.37 % |
| 3 Month Return | + 4.26 % |
| 1 Year Return | + 74.92 % |
| Market Stats | |
| Previous Close | ₹298.50 |
| Open | ₹298.00 |
| Volume | 1.50Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,22,071.08Cr |
Bharat Electronics Ltd Key Statistics
| P/E Ratio | 48.07 |
| PEG Ratio | 28.96 |
| Market Cap | ₹2,22,071.08 Cr |
| P/B Ratio | 9.16 |
| EPS | 5.39 |
| Dividend Yield | 1.09 |
| Sector | Aerospace & Defence |
| ROE | 27.1 |
Bharat Electronics Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,22,071.08 Cr | 161.18% | 0.53 | ₹3,943 Cr | ₹20,268 Cr | |
| BUY | ₹2,73,037.59 Cr | 79.56% | 0.53 | ₹1,961 Cr | ₹19,553 Cr | |
| BUY | ₹2,99,801.80 Cr | 221.87% | 0.65 | ₹7,620 Cr | ₹30,381 Cr | |
| BUY | ₹46,483.79 Cr | 152.83% | 0.75 | NA | NA |
About Bharat Electronics Ltd
BEL has a diverse range of products and services catering to both military and civilian markets, including homeland security solutions, electronic voting machines, and telecom products. The company operates primarily in India but has also expanded its footprint internationally, with a presence in countries like the United States, Germany, and Russia. A notable fact about BEL is its role as one of the key suppliers of defense electronics to the Indian military. The company is wholly owned by the Government of India, which acts as its parent company.
Share Price: ₹290.85 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹2,22,071.08Cr as of today
Revenue: ₹4,604.90Cr as on September 2024 (Q3 24)
Net Profit: ₹1,083.88Cr as on September 2024 (Q3 24)
Listing date: 14 Oct, 1996
Chairperson Name: Bhanu Prakash Srivastava
| Organisation | Bharat Electronics Ltd |
| Headquarters | Bangalore |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
Key events for Bharat Electronics Ltd
Indian Army and BEL Launch Advanced AI Hub - 19 Dec, 2024
The Indian Army and Bharat Electronics Limited (BEL) have collaborated to establish an advanced AI hub in Bengaluru, enhancing operational capabilities and skills through AI technology.Bharat Electronics Shows Strong Financial Performance - 13 Dec, 2024
Bharat Electronics (BEL) is consolidating above Rs 300 after recent lows, with a strong order book of Rs 8,828 crore. Q2 FY25 net profit rose 34% YoY to Rs 1,091 crore, and revenue increased by 15%. Analysts project a target of Rs 500 by 2025, reflecting BEL's robust financial standing and market position.Bharat Electronics Reports Strong Revenue Growth - 12 Dec, 2024
Bharat Electronics Ltd reported a 15% revenue increase in Q2FY25, driven by a robust order book of ₹750 billion. Shares traded at Rs 314.45, reflecting positive market sentiment.Bharat Electronics Ltd Shares Slightly Up on BSE - 11 Dec, 2024
Bharat Electronics Ltd shares traded at Rs 315.05, up 0.07% from the previous close. The stock has a market value of Rs 230,258.03 crore, with a P/E ratio of 50.72 and an ROE of 24.4%. Promoters hold 51.14% of shares.Bharat Electronics Secures Major New Orders - 10 Dec, 2024
Bharat Electronics Limited has acquired new orders worth Rs 634 crore, enhancing its total order book to Rs 8,828 crore for FY25. The company reported significant growth in revenue and profits, with a 34% increase in standalone net profit for Q2 FY25. The stock has surged 70% in 2024, reflecting strong market performance.Bharat Electronics Secures Major New Orders - 09 Dec, 2024
Bharat Electronics Limited has won new orders worth ₹634 crore, boosting its total order book to ₹8,828 crore for the current financial year, reflecting strong demand in defense and technology sectors.Bharat Electronics Reports Strong Revenue Growth - 07 Dec, 2024
Bharat Electronics Ltd. reported a 15% revenue increase in Q2 FY25, driven by a robust order book of Rs 750 bn. The company anticipates order acquisitions of Rs 250 bn in FY25, with a projected revenue growth of 15-17%. Operating profit rose 38% YoY, aided by reduced inventory expenses.Bharat Electronics Gains Favor from ICICI Securities - 05 Dec, 2024
ICICI Securities highlights Bharat Electronics Ltd as a key beneficiary of DAC's approval, emphasizing its role in Electronic Warfare Suites and shipbuilding, with a target price of ₹350.Bharat Electronics Reports Strong Growth and Recommendations - 04 Dec, 2024
Bharat Electronics Ltd shows significant growth with a 100% stock rise over the year, strong revenue increases, and positive recommendations from analysts. The company continues to play a vital role in India's defense sector, including submarine programs and electronic warfare systems.Bharat Electronics Reports Strong Sales and New Orders - 03 Dec, 2024
Bharat Electronics Limited reported a 7.09% increase in Q3 sales to Rs 4762.66 crore and was declared the Lowest Bidder for new orders worth Rs 21.42 crore.Bharat Electronics Reports Strong Revenue and Profit Growth - 01 Dec, 2024
Bharat Electronics Limited reported a 14.28% increase in revenue from Rs. 17,734 crore in FY23 to Rs. 20,268 crore in FY24. Net profit surged by 33.45%, rising from Rs. 2,986 crore to Rs. 3,985 crore. The company's market capitalization stands at Rs. 2,24,885 crores, with shares closing at Rs. 307.65.Bharat Electronics Sees Growth and Analyst Upgrade - 30 Nov, 2024
Bharat Electronics Limited reported a 14.87% revenue increase in Q2FY25 and a net profit margin of 22.94%. JPMorgan initiated coverage with a price target of Rs 340, highlighting its diversified revenue streams.Bharat Electronics Sees Strong Market Performance - 27 Nov, 2024
Bharat Electronics Ltd. experiences a significant market cap increase following JPMorgan's bullish coverage. The stock shows strong momentum, trading above key support levels.JPMorgan Initiates Coverage on Bharat Electronics - 26 Nov, 2024
JPMorgan has initiated coverage on Bharat Electronics Ltd. (BEL) with an Overweight rating and a target price of ₹340, citing strong growth prospects in the defense sector. BEL shares rose 1.9% following the announcement, reflecting positive market sentiment.Bharat Electronics Shares Surge Amid Positive Sentiment - 25 Nov, 2024
Bharat Electronics Limited's shares gained 5% to Rs 294.65, reflecting strong investor confidence. The company reported significant profit growth and a robust order book.BEL Receives Special Jury Supplier Award from Thales - 23 Nov, 2024
Bharat Electronics Limited (BEL) has been honored with a Special Jury Supplier Award from Thales for its contributions to the Rafale project. The award was presented to Mr. TN Singh at Thales' facility in France, recognizing BEL's role in manufacturing TR modules for the RBE 2 radar. BEL aims to strengthen its collaboration with Thales under the Make in India initiative.Bharat Electronics Reports Strong Q2 Performance - 22 Nov, 2024
Bharat Electronics Ltd. experienced a 12% stock rise due to strong Q2FY25 results, with revenue increasing to Rs 4,605 crore, supported by a solid order book of Rs 74,595 crore.
Insights on Bharat Electronics Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 3 years, BEL stock has moved up by 366.8%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 4.44K Cr → 4.76K Cr (in ₹), with an average increase of 6.6% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 10.82% to 11.38% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 791.0 Cr → 1.09K Cr (in ₹), with an average increase of 27.6% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Mazagon Dock Shipbuilders Ltd has given 1973.9% return, outperforming this stock by 1607.1%
- NO EFFECT
Against Peers
In the last 1 year, Zen Technologies Ltd has given 213.6% return, outperforming this stock by 138.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.14% of holdings in Sep 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 16.08% to 15.81% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 17.43% to 17.27% in Sep 2024 quarter
News
Outlook 2025: Bandhan Bank and Market Insights
I would be very excited about names like Eicher Motors at this price, and also Hero MotoCorp. I do not see any reason for any downsides from here. Eicher is a very strong long-term big call that I am taking where this stock should do exceptionally well with a three- to five-year view of pure play on aspirations on the upgrading part.20 Dec, 2024 08:30 AMBrokerage Radar: Latest Calls on LIC Housing, DLF, and More
TVS & Honda Gain Big On YoY & MoM Market Share; Hero Loses The Most.18 Dec, 2024 08:14 AMAnalyst Call Tracker: Hero MotoCorp, Eicher see most upgrades, but Tata Motors faces heat
Royal Enfield continues to dominate the more than 250 cc segment in India, bolstered by regular new launches such as the Guerilla 450 and Classic 650. The brand has also ventured into the EV market with its Flying Flea brand, showcasing models slated for release in early 2026. With a growing focus on export markets and expanding assembly operations, Royal Enfield is poised for significant growth, with an estimated addressable export market of 10 lakh units compared to 80,000 units in FY24. With new launches on the horizon and ongoing progress in the EV space, Royal Enfields long-term growth prospects within Eicher Motors remain strong, said analysts at ICICI Securities. Jefferies also highlighted that Royal Enfield volumes have shown signs of picking up, and expected it to be a key beneficiary of the two-wheeler premiumisation trend. Factoring these in, Jefferies estimated that the toughest phase of competition for Eicher Motors is behind, prompting it to retain its buy call on the stock. Analysts also maintained that the shift in management strategy to focus more on growth rather than margins will help the company perform better in the coming quarters.11 Dec, 2024 04:03 PMBharat Electronics Ltd Financials
Index Inclusions
Bharat Electronics Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.14% | 0.00 | |
| Foreign Institutions | 17.27% | ||
| Mutual Funds | 15.81% | ||
| Retail Investors | 11.38% | 5.16 | |
| Others | 4.4% |
Bharat Electronics Ltd Key Indicators
Bharat Electronics Ltd Valuation
Bharat Electronics Ltd in the last 5 years
Lowest (7.97x)
May 8, 2020
Today (48.07x)
December 19, 2024
Industry (58.59x)
December 19, 2024
Highest (58.47x)
June 3, 2024
Bharat Electronics Ltd Earnings and Dividends
Bharat Electronics Ltd Earnings Results
Bharat Electronics Ltd’s net profit jumped 38.4% since last year same period to ₹1,092.45Cr in the Q2 2024-2025. On a quarterly growth basis, Bharat Electronics Ltd has generated 38.11% jump in its net profits since last 3-months.
Read More about Earnings ResultsBharat Electronics Ltd Dividends May,2024
In the quarter ending March 2024, Bharat Electronics Ltd has declared dividend of ₹0.80 - translating a dividend yield of 0.96%.
Read More about Dividends
Bharat Electronics Ltd Technicals Summary
Bearish
Neutral
Bullish
Bharat Electronics Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Bharat Electronics Ltd (BEL) share price today is ₹290.85
Bharat Electronics Ltd is listed on NSE
Bharat Electronics Ltd is listed on BSE
- Today’s highest price of Bharat Electronics Ltd is ₹302.1.
- Today’s lowest price of Bharat Electronics Ltd is ₹289.35.
PE Ratio of Bharat Electronics Ltd is 48.07
PE ratio = Bharat Electronics Ltd Market price per share / Bharat Electronics Ltd Earnings per share
Today’s traded volume of Bharat Electronics Ltd(BEL) is 1.50Cr.
Today’s market capitalisation of Bharat Electronics Ltd(BEL) is ₹222071.08Cr.
| Bharat Electronics Ltd(BEL | Price |
|---|---|
52 Week High | ₹340.5 |
52 Week Low | ₹164.05 |
Bharat Electronics Ltd(BEL) share price is ₹290.85. It is down -14.58% from its 52 Week High price of ₹340.5
Bharat Electronics Ltd(BEL) share price is ₹290.85. It is up 77.29% from its 52 Week Low price of ₹164.05
| Bharat Electronics Ltd(BEL | Returns |
|---|---|
1 Day Returns | -7.65% |
1 Month Returns | 8.37% |
3 Month Returns | 4.26% |
1 Year Returns | 74.92% |