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Bharat Electronics Ltd

(BEL)

₹290.852.56%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Bharat Electronics Ltd Analyst Rating

based on 24 analysts

BUY

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.

Source: S&P Global Market Intelligence

Bharat Electronics Ltd Performance

  • Day's Low

    Day's High

    ₹289.35
    Day's Price Range
    ₹302.1
  • 52 Week's Low

    52 Week's High

    ₹164.05
    52-Week Price Range
    ₹340.5
1 Month Return+ 8.37 %
3 Month Return+ 4.26 %
1 Year Return+ 74.92 %
Previous Close₹298.50
Open₹298.00
Volume1.50Cr
Upper Circuit-
Lower Circuit-
Market Cap₹2,22,071.08Cr

Bharat Electronics Ltd Key Statistics

P/E Ratio48.07
PEG Ratio28.96
Market Cap₹2,22,071.08 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₹2,22,071.08 Cr161.18%0.53₹3,943 Cr₹20,268 Cr
BUY₹2,73,037.59 Cr79.56%0.53₹1,961 Cr₹19,553 Cr
BUY₹2,99,801.80 Cr221.87%0.65₹7,620 Cr₹30,381 Cr
BUY₹46,483.79 Cr152.83%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: ₹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
OrganisationBharat Electronics Ltd
HeadquartersBangalore
IndustryAerospace & Defence
E-voting on sharesClick 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.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, BEL stock has moved up by 366.8%

  • 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

    Retail Holding Up

    img

    Retail Investor have increased holdings from 10.82% to 11.38% in Sep 2024 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 1973.9% return, outperforming this stock by 1607.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Zen Technologies Ltd has given 213.6% return, outperforming this stock by 138.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.14% of holdings 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

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

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

News

PSU banks & financiers to benefit from govt capex; bullish on 6 IT stocks: Chakri Lokapriya

The QSR space has slowed down for various reasons. One is the general consumer slowdown, which has impacted the same store sales growth for these companies.16 Dec, 2024 08:30 AM

Jubilant FoodWorks up 3% on clarification of parent's acquisition in HCCH

Jubilant FoodWorks shares gained 2.8 per cent in trade and logged an intraday high of Rs 715.15 per share on BSE. The companys stock moved after it clarified that Jubilant FoodWorks has no part in its parent Jubilant Bhartia Groups 40 per cent acquisition in Hindustan CocaCola Holdings Private Limited, India. Around 1:53 PM, Jubilant FoodWorks share price up 2.32 per cent at Rs 687.25 per share on BSE. In comparison, the BSE Sensex was up 0.89 per cent at 82,010.70. The market capitalisation of the company stood at Rs 45,347.86 crore. The 52-week high of the stock was at Rs 715.15 per share and the 52-week low was at Rs 420.85 per share. Jubilant FoodWorks in its filing also said that the parent will acquire stakes through its entity Jubilant Beverages Limited.13 Dec, 2024 02:20 PM

Jubilant FoodWorks shares trade in green after issuing clarification; here is all you need to know

The stock gained as much as 1.69% to ₹683.10 on the BSE after the company issued a clarification around the development that the Jubilant Bhartia Group will acquire a 40% equity interest in Hindustan CocaCola Holdings Private Limited, India (HCCH), through its entity Jubilant Beverages Limited. In the previous session, the stock dropped up to 4% following the news. Jubilant FoodWorks said that since the company is not part of the proposed acquisition announcement, hence, no disclosure is required to be made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).13 Dec, 2024 11:22 AM
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

S&P BSE CPSE

₹3,698.17

-2.3 (-86.91%)

S&P BSE PSU

₹19,024.28

-2.36 (-460.51%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

Nifty100 Quality

₹5,527.35

-1.73 (-97.4%)

NIFTY 100

₹24,448.85

-1.75 (-436.1%)

Nifty Alpha 50

₹56,427.75

-2.86 (-1661.65%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

BSE MFG

₹979.21

-1.63 (-16.19%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

S&P BSE Bharat 22

₹8,515.79

-1.98 (-171.89%)

S&P BSE Momentum

₹2,210.33

-3.21 (-73.25%)

Nifty100 Eq Weig

₹31,223.95

-2.18 (-694.7%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

Nifty CPSE

₹6,093.75

-2.19 (-136.55%)

S&P BSE Dividend Stability

₹986.07

-1.98 (-19.95%)

S&P BSE 100 LargeCap TMC

₹8,809.09

-1.77 (-158.49%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty PSE

₹9,569.25

-2.43 (-238.55%)

S&P BSE SENSEX 50

₹24,813.30

-1.55 (-390.31%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

NIFTY 50

₹23,587.50

-1.52 (-364.2%)

S&P BSE Capital Goods

₹68,557.40

-3.02 (-2138.05%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

BSE 100

₹25,006.81

-1.76 (-448.2%)

S&P BSE Indus.

₹15,035.15

-2.67 (-412.57%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

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
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
Details20202021202220232024
Earning Per Share (₹)2.452.833.224.025.39

Bharat Electronics Ltd Valuation

Bharat Electronics Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.97x)

May 8, 2020

Today (48.07x)

December 19, 2024

Industry (58.59x)

December 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 0.96%.

    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 ₹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(BELPrice
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(BELReturns
1 Day Returns
-7.65%
1 Month Returns
8.37%
3 Month Returns
4.26%
1 Year Returns
74.92%