Bharat Electronics Limited
F&O₹376.85▼ -3.55 (-0.93%)
BEL·NSE·Capital Goods
Market Cap
275651.76 Cr
PE Ratio
45.46
Volume
91,40,541
Day High - Low
381.15 - 376.70
52W High-Low
473.45 - 360.50
₹376.85▼ -3.55 (-0.93%)
Market Cap275651.76 Cr
PE Ratio45.46
Volume91,40,541
Day High - Low381.15 - 376.70
52W High-Low473.45 - 360.50
Bharat Electronics Limited (BEL): company summary
The company's business is improving, with annual revenue rising 16.2% and annual net profit growing 13.9%.
Bharat Electronics Limited (BEL) is a large-cap Capital Goods company valued at ₹2.76 lakh crore operating in Aerospace & Defense on the NSE and BSE.
- Recent price move
- Bharat Electronics Limited last traded at ₹376.85, modestly down 0.93% on the day.
- Recent developments
- On 2026-10-13, Bharat Electronics secured additional orders worth ₹533 crore since September 17, covering communication equipment, avionics, and cybersecurity. On 2026-09-18, the company received orders worth ₹648 crore since late August for defence technologies including laser-based IR jammers. On 2026-09-26, Jefferies' Christopher Wood highlighted BEL as part of his portfolio focused on India's structural growth in energy and manufacturing.
- Financial performance
- The company's business is improving, with annual revenue rising 16.2% and annual net profit growing 13.9%. The latest quarter saw revenue increase 24.9% compared to the same quarter a year earlier, while net profit rose 8.8%, though the net profit margin narrowed slightly to 22.0% from 22.4%.
- Valuation multiples
- The stock trades at 45.5 times earnings, 12.28 times book value. It yields 0.6%.
- Things to watch
- The stock is 20.4% below its 52-week high, and the net profit margin has narrowed by 0.4 percentage points. Foreign institutional holding decreased by 1.04 percentage points in the quarter, while domestic institutional holding increased by 0.86 percentage points.
- Where it stands
- Bharat Electronics Limited has seen strong revenue growth, with annual revenue up 16.2% and the latest quarter revenue rising 24.9% year-over-year. The company secured significant new orders in recent weeks, but the stock remains 20.4% below its 52-week high. The net profit margin has narrowed slightly, and foreign institutional holdings have declined.
Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
DocStoX Score
5.8/10
Fair
Fair Value
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ROE
25.27%
Strong
P/E
45.46x
Expensive
Debt / Equity
0.00
Low
Industry
Capital Goods
Aerospace & Defense
Overall View
Mixed
Price performance
NIFTY 50NIFTY 100NIFTY 200
Day₹376.70
₹381.15
52W₹360.50
₹473.45
DocStoX take
Supported by risk (9.1) and quality (9.0), but held back by momentum (0.0). Risk looks strong at 9.1, but that is offset by valuation at 0.0 and momentum at 0.0. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidence5.8
/10
Fair
Quality
Excellent
ROE 25.3%
Valuation
Expensive
P/E 45.5×
Growth
Strong
Revenue +14.4% 5Y CAGR
Risk
Low risk
D/E 0.00
Momentum
Weak
14% of 52-week range
At a glance
Market Cap
₹2.76L Cr
52W High / Low
₹473 / ₹361
Dividend Yield
0.62%
Promoter Holding
51.14%
EPS (TTM)
₹8.29
Book Value
₹32.82
Key highlights
- Capital works hard — ROCE 34%
- Low leverage — D/E 0.00
- Profitable in all of the last 5 years
- Valuation is weak (0.0/10)
- Momentum is weak (0.0/10)
4 Positives3 Watchouts
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Bharat Electronics Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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