🔔 Rating Alert
JM Financial has a buy call on Bharat Electronics Ltd. with a target price of Rs 360, current price Rs 270.15.
BEL Analyst Rating
based on 23 analysts
87.50%
Buy
4.17%
Hold
8.33%
Sell
Based on 23 analysts offering long term price targets for BEL. An average target of ₹338.26
Source: S&P Global Market Intelligence
BEL Share analysis
BEL price forecast by 23 analysts
Upside of23.39%
High
₹380
Target
₹338.26
Low
₹224
BEL target price ₹338.26, a slight upside of 23.39% compared to current price of ₹284.5. According to 23 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
BEL revenue growth forecast
Expected growth rate Q1, FY2027:60.15%
Forecast
Actual
Including amortisation and stock based compensations
BEL EPS growth forecast
EPS estimate Q1, FY2027:66.24%
Forecast
Actual
Source: S&P Global Market Intelligence
BEL Performance
Day's Low
Day's High
₹275.9Day's Price Range₹28652 Week's Low
52 Week's High
₹171.7552-Week Price Range₹340.5
| Returns % | |
| 1 Month Return | -2.84 % |
| 3 Month Return | -3.52 % |
| 1 Year Return | + 51.01 % |
| Market Stats | |
| Previous Close | ₹274.15 |
| Open | ₹276.00 |
| Volume | 2.90Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,00,397.59Cr |
BEL Key Statistics
| P/E Ratio | 40.14 |
| PEG Ratio | 20.69 |
| Market Cap | ₹2,00,397.59 Cr |
| P/B Ratio | 9.16 |
| EPS | 5.39 |
| Dividend Yield | 1.09 |
| Sector | Aerospace & Defence |
| ROE | 27.1 |
BEL Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,00,397.59 Cr | 173.88% | 0.53 | ₹3,943 Cr | ₹20,268 Cr | |
| BUY | ₹1,86,105.01 Cr | 50.74% | 0.53 | ₹2,718 Cr | ₹22,239 Cr | |
| BUY | ₹2,35,980.60 Cr | 160.24% | 0.65 | ₹7,620 Cr | ₹30,381 Cr | |
| BUY | ₹43,182.90 Cr | 148.84% | 0.75 | NA | NA |
About BEL
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: ₹284.50 per share as on 04 Feb, 2025 04:01 PM
Market Capitalisation: ₹2,00,397.59Cr as of today
Revenue: ₹5,770.69Cr as on December 2024 (Q4 24)
Net Profit: ₹1,301.27Cr as on December 2024 (Q4 24)
Listing date: 14 Oct, 1996
Chairperson Name: Bhanu Prakash Srivastava
| Organisation | BEL |
| Headquarters | Bangalore |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
08:40 AM
-Defence Secretary announces plans to double orders for Bharat Electronics, boosting stock sentiment.
08:51 AM
-JM Financial issues buy call on Bharat Electronics with a target price of Rs 360.
05:31 PM
-Bharat Electronics shares rise 3.78%, closing at Rs 284.5.
Key events for Bharat Electronics Ltd
Bharat Electronics Stock Rises on Positive Order News - 04 Feb, 2025
Bharat Electronics shares surged after Defence Secretary's announcement to double orders. JM Financial issued a buy call with a target of Rs 360. Shares closed up 3.78% at Rs 284.5.Bharat Electronics Faces Decline Amid Budget Pressure - 03 Feb, 2025
Bharat Electronics shares experienced a significant decline of 5.32% due to broader selling pressure in the defence sector after the Union Budget 2025-26. Despite this, ICICI Securities maintains a Buy rating with a price target of ₹350.Bharat Electronics Sees Strong Gains and Leadership Changes - 01 Feb, 2025
Bharat Electronics Ltd (BEL) experienced significant stock gains, driven by strong financial performance and positive market sentiment ahead of the Union Budget 2025. The company also recommended a new Director for R&D, indicating ongoing leadership developments.Bharat Electronics Sees Positive Momentum Ahead of Budget - 31 Jan, 2025
Bharat Electronics reported strong Q3 earnings with significant revenue growth and margin expansion, leading to positive analyst ratings and a rally in defence stocks ahead of the Union Budget 2025.Bharat Electronics Reports Strong Q3 Earnings Growth - 30 Jan, 2025
Bharat Electronics Ltd (BEL) posted robust Q3 results with a 47.3% increase in profit and a 38.6% rise in revenue. Despite recent share declines, investor confidence surged, with shares rising 3.8% post-announcement. The order book remains strong at Rs 71,100 crore, indicating positive future prospects.Bharat Electronics Secures ₹531 Crore Orders - 28 Jan, 2025
Bharat Electronics Ltd announced securing additional orders valued at ₹531 crore, increasing its total order book to ₹10,893 crore for FY25. Despite this, the stock has seen a decline.Bharat Electronics Q3 Preview Shows Positive Growth - 26 Jan, 2025
Bharat Electronics is projected to see an 18% YoY revenue increase in Q3FY25, with net profit expected to rise 10%. Analysts remain optimistic due to a strong order book and government support for indigenisation in the defence sector.Bharat Electronics Reports Strong Growth and Dividends - 19 Jan, 2025
Bharat Electronics Ltd reported a 15% YoY revenue growth to Rs. 4,605 crores and a 38.4% net profit increase to Rs. 1,093 crores in Q2 FY25. The stock has delivered 51% positive returns over the past year, despite a 4% dip year-to-date. The company also declared dividends of Rs. 0.7 for February and March 2024.Motilal Oswal Optimistic on BEL's Growth Prospects - 17 Jan, 2025
Bharat Electronics Ltd (BEL) is experiencing positive sentiment with a strong order book and market leadership in defense electronics. Motilal Oswal maintains a Buy rating, targeting Rs 360, anticipating significant growth driven by upcoming defense orders and indigenization efforts. Despite slight gains, investors remain cautious amid market fluctuations.Bharat Electronics Maintains Positive Outlook Amid Growth - 15 Jan, 2025
Bharat Electronics Ltd (BEL) remains a favored stock among brokerages, with a positive outlook driven by strong order backlog, government support for domestic manufacturing, and impressive Q2FY25 results. Analysts maintain a BUY rating with a target price of Rs 323, citing potential for further re-rating.BEL Secures Significant Orders, Total Order Book Grows - 13 Jan, 2025
Bharat Electronics Ltd has secured orders worth Rs 561 crore, bringing its total order book for FY25 to Rs 10,362 crore. The company aims for an annual target of Rs 25,000 crore, indicating strong demand in defense and electronics sectors.BEL Focuses on Innovation and Upcoming Earnings - 11 Jan, 2025
Bharat Electronics Limited (BEL) is set to announce its Q3 FY25 earnings on January 30, 2025, after reporting a significant profit increase. Vice President Dhankhar highlighted the need for authentic research and innovation in the semiconductor sector during the BEL R&D Award Ceremony.Bharat Electronics Reports Strong Growth in Orders and Profits - 09 Jan, 2025
Bharat Electronics Limited's shares traded at Rs. 280.60, down 0.50%. The company reported a 14.87% revenue increase and a 38.35% rise in net profit for FY24. It aims for Rs. 25,000 crore in total order inflows this fiscal year.
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 7 days, BEL stock has moved up by 6.2%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 791.0 Cr → 1.31K Cr (in ₹), with an average increase of 22.1% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 4.44K Cr → 5.95K Cr (in ₹), with an average increase of 13.3% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 15.81% to 16.17% in Dec 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 17.27% to 17.35% in Dec 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 51.14% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Zen Technologies Ltd has given 675.7% return, outperforming this stock by 374.1%
- NO EFFECT
Against Peers
In the last 1 year, Zen Technologies Ltd has given 95.7% return, outperforming this stock by 44.7%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 11.38% to 10.58% in Dec 2024 quarter
News
Growth in Indian Defense Sector and Key Players
The shares of BEL (Bharat Electricals Limited) jumped 3.78% respectively. BEL ended the day at Rs. 284.5.04 Feb, 2025 05:31 PMJM Financial Recommends Buy on Bharat Electronics with Target Price of Rs 360
JM Financial has a buy call on Bharat Electronics Ltd. with a target price of Rs 360. The current market price of Bharat Electronics Ltd. is Rs 270.15. Bharat Electronics, incorporated in 1954, is a Large Cap company with a market cap of Rs 205989.57 crore, operating in the Defence sector. Bharat Electronics products/revenue segments include Electronic Components & Equipments, Sale of services, Other Operating Revenue, Scrap and Rent for the year ending 31-Mar-2024. For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 5957.07 crore, up 25.08 % from last quarter Total Income of Rs 4762.66 crore and up 37.59% from last year same quarter Total Income of Rs 4329.58 crore. The company has reported net profit after tax of Rs 1301.27 Crore in latest quarter. The companys top management includes Mr.Bhanu Prakash Srivastava, Mr.Gokulan Bangakandy, Dr.Shivnath Yadav, Mr.Prafulla Kumar Choudhury, Dr.N Santhoshkumar, Mr.Mansukhbhai S Khachariya, Dr.P V Parthasarathi, Dr.Binoy Kumar Das, Mr.T Natarajan, Mr.K V Suresh Kumar, Mr.N Vikraman, Mr.S Damodar Bhattad, Mr.Manoj Jain, Mrs.Shyama Singh. The company has Guru & Jana as its auditors. As on 31-12-2024, the company has a total of 731 crore shares outstanding. Bharat Electronics (BEL) reported strong quarterly numbers above JMFe. Revenue came in at Rs 57.6 billion (12.5% above JMFe), EBITDA at Rs 16.5 billion (34.1% above JMFe) and PAT at Rs 13 billion (33.1% above JMFe). YTD order inflows came in at INR 108.9bn, c.43.6% of guided order inflows of Rs 250 billion, however given a few large orders at advanced stage of finalisation, management is confident to meet its FY25 guidance. Order book stands at Rs 711 billion (3.1x TTM revenue). For FY26, large orders like QRSAM (INR 250bn) and MRSAM package (INR 150bn) are expected to be concluded, provides revenue visibility post FY26. BEL continues to explore new growth opportunities through diversification, capability enhancement, competitiveness, modernization and export initiatives. Promoters held 51.14 per cent stake in the company as of 31-Dec-2024, while FIIs owned 17.34 per cent, DIIs 20.84 per cent.04 Feb, 2025 08:51 AMHAL and BEL Stocks Rise on Defence Orders Outlook
Indias Defence stocks like Bharat Electronics Ltd. (BEL) gained up to 5% Tuesday, February 4, after Indias Defence Secretary Rajesh Kumar Singh told CNBC-TV18 that aims to finish the current financial year with orders double of last year. Singh said that they are on pace to sign the largest number of contracts ever. Last year was another high of ₹1.08 lakh crore. This year we have already hit ₹1.15 lakh crore and my intent is to double last years number before the end of this financial year, and the result in terms of expenditure will follow thereafter.04 Feb, 2025 08:40 AMBEL Financials
Index Inclusions
BEL Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.14% | 0.00 | |
| Foreign Institutions | 17.35% | 0.46 | |
| Mutual Funds | 16.17% | 2.24 | |
| Retail Investors | 10.58% | ||
| Others | 4.77% | 8.24 |
BEL Key Indicators
BEL Valuation
BEL in the last 5 years
Lowest (7.97x)
May 8, 2020
Today (40.14x)
February 3, 2025
Industry (53.22x)
February 3, 2025
Highest (58.47x)
June 3, 2024
BEL Earnings and Dividends
Bharat Electronics Ltd Earnings Results
Bharat Electronics Ltd’s net profit jumped 52.51% since last year same period to ₹1,310.95Cr in the Q3 2024-2025. On a quarterly growth basis, Bharat Electronics Ltd has generated 20% 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 0.98%.
Read More about Dividends
BEL Technicals Summary
Bearish
Neutral
Bullish
Bharat Electronics Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Bharat Electronics Ltd
What is Bharat Electronics Ltd price today?
Bharat Electronics Ltd share price today stands at ₹284.5, Open: ₹276, Previous Close: ₹274.15, High: ₹286, Low: ₹275.9, 52 Week High: ₹340.5, 52 Week Low: ₹171.75.
How to Buy Bharat Electronics Ltd Share in India?
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Is Bharat Electronics Ltd listed on NSE?
Bharat Electronics Ltd is listed on NSE
Is Bharat Electronics Ltd listed on BSE?
Bharat Electronics Ltd is listed on BSE
What are today's High and Low prices of Bharat Electronics Ltd?
- Today's highest price of Bharat Electronics Ltd is ₹286.
- Today's lowest price of Bharat Electronics Ltd is ₹275.9.
What are today's traded volumes of Bharat Electronics Ltd?
Today's traded volume of Bharat Electronics Ltd(BEL) is 2.90Cr.
What is today's market capitalisation of Bharat Electronics Ltd?
Today's market capitalisation of Bharat Electronics Ltd(BEL) is ₹200397.59Cr.
What is the 52 Week High and Low Range of Bharat Electronics Ltd?
How much percentage Bharat Electronics Ltd is down from its 52 Week High?
Bharat Electronics Ltd (BEL) share price is ₹284.5. It is down -16.45% from its 52 Week High price of ₹340.5
How much percentage Bharat Electronics Ltd is up from its 52 Week low?
Bharat Electronics Ltd (BEL) share price is ₹284.5. It is up 65.65% from its 52 Week Low price of ₹171.75
What are the historical returns of Bharat Electronics Ltd?
What is the PE ratio of Bharat Electronics Ltd today?
PE Ratio of Bharat Electronics Ltd is 40.14
PE ratio = Bharat Electronics Ltd Market price per share / Bharat Electronics Ltd Earnings per share