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Bharat Electronics Ltd share price logo

Bharat Electronics Ltd

(BEL)

₹2790.34%

as on 04:01PM, 19 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Bharat Electronics Ltd Analyst Rating

based on 23 analysts

BUY

83.33%

Buy

4.17%

Hold

12.50%

Sell

Based on 23 analysts offering long term price targets for Bharat Electronics Ltd. An average target of ₹333.13

Source: S&P Global Market Intelligence

Bharat Electronics Ltd Share analysis

Bharat Electronics Ltd price forecast by 23 analysts

Upside of19.40%

High

₹390

Target

₹333.13

Low

₹213

Bharat Electronics Ltd target price ₹333.13, a slight upside of 19.4% compared to current price of ₹279. According to 23 analysts rating.

Source: S&P Global Market Intelligence

Bharat Electronics Ltd Performance

  • Day's Low

    Day's High

    ₹277
    ₹285.2
  • 52 Week's Low

    52 Week's High

    ₹137.35
    ₹340.5
1 Month Return-1.17 %
3 Month Return-7.97 %
1 Year Return+ 93.95 %
Previous Close₹278.05
Open₹280.00
Volume1.32Cr
Upper Circuit-
Lower Circuit-
Market Cap₹2,03,942.83Cr

Bharat Electronics Ltd Key Statistics

P/E Ratio44.93
PEG Ratio27.06
Market Cap₹2,03,942.83 Cr
P/B Ratio9.16
EPS5.39
Dividend Yield1.09
SectorAerospace & Defence
ROE27.1

Bharat Electronics Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹2,03,942.83 Cr131.1%0.53₹3,943 Cr₹20,268 Cr
BUY₹2,36,665.22 Cr66.13%0.53₹1,961 Cr₹19,553 Cr
BUY₹2,71,332.05 Cr182.02%0.65₹7,620 Cr₹30,381 Cr
BUY₹35,424.60 Cr92.78%0.75NANA

About Bharat Electronics Ltd

Bharat Electronics Limited (BEL) is a premier Indian public sector company operating in the aerospace and defense electronics sector. It was incorporated in 1954 by the Government of India and is headquartered in Bengaluru, Karnataka. BEL is registered under the Company Identification Number (CIN) L32309KA1954GOI000787. The company specializes in the design, development, and manufacture of a wide range of electronic equipment for the Indian Armed Forces, including radars, communication systems, electronic warfare systems, and missile systems.

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: ₹279.00 per share as on 19 Nov, 2024 04:01 PM
Market Capitalisation: ₹2,03,942.83Cr 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
OrganisationBharat Electronics Ltd
HeadquartersBangalore
IndustryAerospace & Defence
E-voting on sharesClick here to vote

Key events for Bharat Electronics Ltd

  • Bharat Electronics Shares Surge, Market Cap Increases - 19 Nov, 2024

    On November 19, 2024, Bharat Electronics shares rose 2.14%, boosting market capitalization by Rs 4,346 crore. Positive sentiment in the aerospace and defense sector contributed to this growth.

  • Bharat Electronics Market Cap Drops Significantly - 13 Nov, 2024

    Bharat Electronics Limited experienced a 3.17% decline in stock price, resulting in a market cap reduction of ₹6,721 crore, closing at ₹280.95.

  • Bharat Electronics Achieves Milestones in Exports and Profits - 12 Nov, 2024

    Bharat Electronics Limited reported a significant 38% increase in net profit for Q2 FY25. The company also confirmed the export of the Akash missile system, with speculation pointing to Armenia as the buyer. This marks a key milestone in India's defense exports.

  • BEL Announces Director (R&D) Job Vacancy - 09 Nov, 2024

    Bharat Electronics Limited (BEL) has posted a job vacancy for a Director (Research & Development) position, with applications accepted until December 6, 2024. The role focuses on R&D policy and strategy in electronics, promoting indigenisation under the Atma Nirbhar Scheme.

  • Bharat Electronics Secures Rs 500 Crore Orders - 08 Nov, 2024

    Bharat Electronics Limited announced securing additional orders worth over Rs 500 crore, bringing its total order book for FY25 to Rs 8,194 crore. The company continues to strengthen its position in the defense sector.

  • Bharat Electronics Reports Strong Growth and Positive Outlook - 07 Nov, 2024

    Bharat Electronics Limited (BEL) reported a robust order book of Rs 74,595 crore and significant profit growth in FY25. Analysts maintain a positive outlook, upgrading the stock to Buy with a target price of Rs 323, as market optimism rises amid India's defence sector growth.

  • Bharat Electronics Sees Strong Growth and Buy Recommendation - 06 Nov, 2024

    Bharat Electronics Limited has a robust order book of Rs 74,595 crore and reported significant profit growth. HDFC Securities recommends buying the stock with a target price of Rs 317-340 over the next 6-9 months.

  • IIFL Securities Issues Buy Rating on BEL - 04 Nov, 2024

    IIFL Securities has initiated a Buy rating on Bharat Electronics Ltd (BEL), recommending purchase in the Rs 287-289 range with a target price of Rs 298. A stop loss of Rs 280 is advised for short-term trading.

  • Bharat Electronics Ltd Achieves Over 100% Returns - 01 Nov, 2024

    Bharat Electronics Ltd (BEL) has emerged as a multibagger, providing investors with over 100% returns in the past year, highlighting its strong performance.

  • Bharat Electronics Receives Positive Brokerage Upgrades - 30 Oct, 2024

    Bharat Electronics Ltd. sees positive sentiment as brokerages Geojit and Motilal Oswal upgrade their ratings, citing strong revenue growth and order inflows. Shares rise by 3% to 6% following these announcements.

  • Bharat Electronics Reports Strong Q2 Earnings and Upgrades - 29 Oct, 2024

    Bharat Electronics (BEL) reported strong Q2 results with a 34% net profit increase and 14.8% revenue growth. Analysts maintain bullish outlooks, with target prices ranging from ₹341 to ₹380, reflecting confidence in future order inflows and operational efficiency.

  • Bharat Electronics Reports Strong Q2 Profit Growth - 28 Oct, 2024

    Bharat Electronics Ltd announced a 34% increase in standalone net profit for Q2 FY25, reaching Rs 1901 crore. The stock remains in focus amid positive investor sentiment.

  • Bharat Electronics Reports Strong Profit Growth - 27 Oct, 2024

    Bharat Electronics Ltd. (BEL) achieved a 39% increase in profit after tax for the first half of FY 2024-25, with a turnover of ₹8,530.43 crore. The company also reported a robust order book of ₹74,595 crore as of October 1, 2024.

  • Bharat Electronics Reports Strong Q2 Earnings Growth - 25 Oct, 2024

    Bharat Electronics Ltd. (BEL) announced a 35% increase in net profit to ₹1,451 crore for Q2 FY25, driven by a 14.78% rise in revenue. The order book remains robust at ₹74,595 crore, indicating strong future prospects.

  • Bharat Electronics Q2 Earnings Announcement Set - 23 Oct, 2024

    Bharat Electronics will announce its Q2 earnings on October 25, 2024. Following a strong Q1 FY25, where net profit surged 46.1% to Rs 776 crore, investors are optimistic about upcoming results.

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.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, BEL stock has moved up by 94.0%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 10.82% to 11.38% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 4.44K Cr → 4.76K Cr (in ₹), with an average increase of 6.6% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 791.0 Cr → 1.09K Cr (in ₹), with an average increase of 27.6% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Mazagon Dock Shipbuilders Ltd has given 1396.2% return, outperforming this stock by 1083.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Zen Technologies Ltd has given 133.2% return, outperforming this stock by 39.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.14% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 17.43% to 17.27% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 16.08% to 15.81% in Sep 2024 quarter

News

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View More

Bharat Electronics Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹4,009.06Cr (-)₹4,162.16Cr (↑3.82%)₹8,564.08Cr (↑105.76%)₹4,243.57Cr (↓50.45%)₹4,604.90Cr (↑8.51%)
Net Income₹780.73Cr (-)₹848.12Cr (↑8.63%)₹1,785.66Cr (↑110.54%)₹780.99Cr (↓56.26%)₹1,083.88Cr (↑38.78%)
Net Profit Margin19.47% (-)20.38% (↑4.67%)20.85% (↑2.31%)18.40% (↓11.75%)23.54% (↑27.93%)
Value in ₹ crore
Details2021202220232024
Total Assets₹29,282.40Cr (-)₹33,664.43Cr (↑14.96%)₹35,262.68Cr (↑4.75%)₹39,356.35Cr (↑11.61%)
Total Liabilities₹18,474.51Cr (-)₹21,680.17Cr (↑17.35%)₹21,680.69Cr (-)₹23,273.96Cr (↑7.35%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2,532.53Cr (-)₹5,103.46Cr (↑101.52%)₹4,161.16Cr (↓18.46%)₹1,086.55Cr (↓73.89%)₹4,648.01Cr (↑327.78%)

Index Inclusions

BSE MFG

₹992.20

0.08 (0.79%)

Nifty Alpha 50

₹53,523.60

1.63 (858.1%)

NIFTY 100

₹24,374.70

0.3 (73.7%)

Nifty100 Eq Weig

₹31,267.10

0.31 (96.2%)

Nifty 500

₹22,004.35

0.48 (104.95%)

S&P BSE SENSEX 50

₹24,743.04

0.26 (63.98%)

BSE 200

₹10,815.62

0.37 (40.24%)

Nifty LargeMidcap 250

₹15,340.70

0.63 (95.3%)

Nifty 200

₹13,244.80

0.41 (53.8%)

Nifty100 Quality

₹5,557.05

0.38 (20.95%)

S&P BSE Dividend Stability

₹994.87

0.35 (3.47%)

BSE 500

₹34,650.83

0.45 (153.82%)

S&P BSE Largecap

₹9,139.99

0.28 (25.28%)

S&P BSE Indus.

₹14,364.69

0.59 (84.25%)

S&P BSE Bharat 22

₹8,657.65

-0.08 (-6.67%)

S&P BSE CPSE

₹3,713.45

0.48 (17.82%)

S&P BSE Momentum

₹2,179.00

1.5 (32.16%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 LargeMidCap

₹10,256.81

0.41 (41.56%)

S&P BSE PSU

₹18,991.32

0.15 (27.53%)

Nifty PSE

₹9,718.25

0.66 (63.6%)

Nifty CPSE

₹6,284.25

0.72 (44.8%)

NIFTY 50

₹23,518.50

0.28 (64.7%)

S&P BSE Capital Goods

₹66,327.90

0.39 (260.36%)

S&P BSE 100 LargeCap TMC

₹8,780.84

0.28 (24.72%)

BSE 100

₹24,852.21

0.31 (77.17%)

Bharat Electronics Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
51.14%
0.00
Foreign Institutions
17.27%
-0.94
Mutual Funds
15.81%
-1.64
Retail Investors
11.38%
5.16
Others
4.4%
-2.88

Bharat Electronics Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)2.452.833.224.025.39
Details20202021202220232024
Return On Equity %19.0119.9920.6123.5227.1
Details20202021202220232024
Return On Assets %7.527.177.138.4610.12
Details20202021202220232024
Book Value Per Share (₹)13.7715.1316.8118.9622.34

Bharat Electronics Ltd Valuation

Bharat Electronics Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.97x)

May 8, 2020

Today (44.93x)

November 19, 2024

Industry (48.38x)

November 19, 2024

Highest (58.47x)

June 3, 2024

LowHigh

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 Results
  • Bharat 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 1%.

    Read More about Dividends

Bharat Electronics Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Bharat Electronics Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Bharat Electronics Ltd

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Bharat Electronics Ltd (BEL) share price today is ₹279

Bharat Electronics Ltd is listed on NSE

Bharat Electronics Ltd is listed on BSE

  • Today’s highest price of Bharat Electronics Ltd is ₹285.2.
  • Today’s lowest price of Bharat Electronics Ltd is ₹277.

PE Ratio of Bharat Electronics Ltd is 44.93

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 1.32Cr.

Today’s market capitalisation of Bharat Electronics Ltd(BEL) is ₹203942.83Cr.

Bharat Electronics Ltd(BELPrice
52 Week High
₹340.5
52 Week Low
₹137.35

Bharat Electronics Ltd(BEL) share price is ₹279. It is down -18.06% from its 52 Week High price of ₹340.5

Bharat Electronics Ltd(BEL) share price is ₹279. It is up 103.13% from its 52 Week Low price of ₹137.35

Bharat Electronics Ltd(BELReturns
1 Day Returns
0.95%
1 Month Returns
-1.17%
3 Month Returns
-7.97%
1 Year Returns
93.95%