Bharat Electronics Limited share price

NSE: BEL · BSE: 500049 · ISIN INE263A01024

Key numbers

Market cap
₹ 2,87,676 Cr
Current price
₹ 393.55
52-week high / low
₹ 473 / 380
Stock P/E
47.0
Book value
₹ 32.8
Dividend yield
0.64%
ROCE
36.6%
ROE
27.6%
Debt to equity
0.00
Sales growth (3 yrs)
15.5%
Profit growth (3 yrs)
26.6%
1-year return
-0.5%

About Bharat Electronics Limited

Bharat Electronics Limited designs, manufactures, and supplies electronic equipment and systems for the defense and civilian markets in India. The company's defense products include defense communication products, land-based radars, naval systems, electronic warfare systems, avionics, electro optics, tank and armored fighting vehicle electronic systems, weapon systems, C4I systems, upgrades, shelters and masts, simulators, batteries, components and devices, fuzes and unmanned systems; microwave tubes and power modules, microwave super components, digital multichannel data recorders, and hybrid micro circuits; and micro-electro mechanical systems, such as pressure transducers, and conductivity temperature and depth sensors. Its non-defense products comprise e-governance systems, homeland security products, civilian radars, and telecom and broadcast systems; integrated traffic management systems, real time train information systems, and solar power solutions; and PD and strategic products, silicon radiation detectors, passive vacuum devices, EMI filters, and multichannel voice logging recorder systems. It also provides electronic manufacturing services, including PCB assembly and…

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales9,1504,4407,15410,2245,547
Operating profit2,8161,2382,1272,9821,388
Net profit2,1279701,5792,2251,054
EPS (₹)2.911.332.163.041.44

Concall summary (2026-07-28)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • As already told, I think the order will be -- of the order of INR40,000 plus crore s we are expecting, but that will be minimum 28 - 29 which we had indicated last time also.
  • As far as margins are concerned, as we have already told, current year EBITDA margin guidance we have given of 2 %, we remain at that.

Growth & demand

  • The revenue from operations has increased to INR ,533 crore s up to Q1 as compared to INR , 17 crore s in the previous year Q1, with a growth of .
  • The profit before tax increased to INR 1,403 crore s as compared to INR 1,289 crore s in the previous year at the same quarter, with a growth of 8.81 %.

Margins & costs

  • Overall on a yearly basis, we maintain the EBITDA margin of 2 % , which we have given already.
  • Since the employee, since the turnover will be increasing in that scale, so the impact of the employee cost whatsoever increases happen after the wage revision will be absorbed by the turnover increase and the overall percentage we expect to be around 12% itself.

Capex & expansion

  • The order book position as on 1st July 202 is INR , crores and orders acquired in this quarter is INR , crore s .
  • Sir, my question is on the likely impact of pay commission… I'm sorry to interrupt , Atul, you're sounding a little muffled.

Balance sheet & cash

  • As far as the receivables are concerned, the number of days as on 30th June, it is around 140 days.

Peers in Aerospace & Defense

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