Bharat Electron

Why is Bharat Electronics Ltd falling/rising?

As of 31-Jul, Bharat Electronics Ltd's stock price is rising to 387.80, but it has underperformed its sector and shows negative performance over the past week and month. Despite strong long-term fundamentals, concerns about its high valuation relative to peers persist.

As of 31-Jul, Bharat Electronics Ltd's stock price is rising, currently at 387.80, reflecting a change of 3.0 (0.78%) upwards. This increase comes after a trend reversal, as the stock has gained after three consecutive days of decline. However, it is important to note that the stock has underperformed its sector by 0.42% today and is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.<BR><BR>Despite the current rise, the stock has shown a negative performance over the past week and month, with declines of 4.26% and 6.85%, respectively. Additionally, there has been a decrease in investor participation, with delivery volume falling by 9.62% against the 5-day average. <BR><BR>On a positive note, Bharat Electronics Ltd has strong long-term fundamentals, including an average Return on Equity (ROE) of 23.47% and healthy growth in net sales and operating profit. The company is also net-debt free and has high institutional holdings at 39.04%, which may provide some stability and confidence among investors.<BR><BR>However, the stock's valuation appears expensive compared to its peers, with a Price to Book Value of 11.8, and a PEG ratio of 3.9, indicating that while the stock is currently rising, there are underlying concerns regarding its valuation and performance relative to the market and its sector.

Which are the latest news on Bharat Electron?

Should I buy, sell or hold Bharat Electronics Ltd?

When is the next results date for Bharat Electronics Ltd?

The next results date for Bharat Electronics Ltd is July 27, 2026.

The next results date for Bharat Electronics Ltd is scheduled for July 27, 2026.

How big is Bharat Electron?

As of 10th June, Bharat Electronics Ltd has a market capitalization of 301,492.00 Cr, with recent net sales of 27,610.11 Cr and a net profit of 6,062.00 Cr.

As of 10th June, Bharat Electronics Ltd has a market capitalization of 301,492.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, Bharat Electronics reported Net Sales of 27,610.11 Cr and a Net Profit of 6,062.00 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 19,973.89 Cr and Total Assets totaling 40,297.02 Cr.

Who are in the management team of Bharat Electron?

The management team of Bharat Electron includes Bhanu Prakash Srivastava (Chairman & Managing Director), Manoj Jain (HR Director), Damodar S Bhattad (Finance Director & CFO), K V Suresh Kumar (Marketing Director), and S Sreenivas (Company Secretary). Additionally, there are several Non-Official Directors and a Government Nominee, Binoy Kumar Das, as a Part-Time Director.

The management team of Bharat Electron includes the following individuals:<BR><BR>1. **Bhanu Prakash Srivastava** - Chairman & Managing Director<BR>2. **Manoj Jain** - Director (Human Resources)<BR>3. **Damodar S Bhattad** - Director (Finance) & CFO<BR>4. **K V Suresh Kumar** - Director (Marketing)<BR>5. **S Sreenivas** - Company Secretary & Compliance Officer<BR>6. **T Natarajan** - Official Director (Part time)<BR><BR>Additionally, there are several Non-Official Directors on the board, including:<BR>- Parthasarathi P V<BR>- Mansukhbhai Shamjibhai Khachariya<BR>- Santhoshkumar N<BR>- Prafulla Kumar Choudhury<BR>- Shiv Nath Yadav<BR>- Gokulan Bangakandy<BR>- Shyama Singh<BR><BR>There is also a Part-Time Director who is a Government Nominee:<BR>- Binoy Kumar Das<BR><BR>This diverse management team brings a range of expertise to Bharat Electron.

Who are the peers of the Bharat Electron?

Bharat Electron's peers include Hind.Aeronautics, Mazagon Dock, Bharat Dynamics, Cochin Shipyard, Garden Reach Ship, Data Pattern, MTAR Technologie, Zen Technologies, and Apollo Micro Sys. In terms of management risk and growth, Bharat Electron and several peers show excellent ratings, while MTAR Technologie has the highest 1-year return at 288.52%, and Bharat Dynamics has the lowest at -37.71%.

Peers: The peers of Bharat Electron are Hind.Aeronautics, Mazagon Dock, Bharat Dynamics, Cochin Shipyard, Garden Reach Sh., Data Pattern, MTAR Technologie, Zen Technologies, and Apollo Micro Sys.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bharat Electron, Hind.Aeronautics, Mazagon Dock, and Garden Reach Sh., while Good management risk is found at Bharat Dynamics, Cochin Shipyard, Data Pattern, and Zen Technologies. Average management risk is noted at MTAR Technologie and Apollo Micro Sys. In terms of Growth, Excellent growth is seen at Bharat Electron, Hind.Aeronautics, Mazagon Dock, Garden Reach Sh., and Zen Technologies, while Good growth is observed at Data Pattern and Astra Microwave. Below Average growth is noted at Bharat Dynamics and Cochin Shipyard, and Average growth is seen at MTAR Technologie and Apollo Micro Sys. All peers maintain an Excellent or Good Capital Structure, with the exception of MTAR Technologie and Apollo Micro Sys, which have Good and Average ratings respectively.<BR><BR>Return Snapshot: The peer with the highest 1-year return is MTAR Technologie at 288.52%, while the lowest is Bharat Dynamics at -37.71%. Bharat Electron's own 1-year return is 3.26%, which is higher than Bharat Dynamics but lower than MTAR Technologie. Additionally, the six-month return is negative for Hind.Aeronautics, Mazagon Dock, Bharat Dynamics, Cochin Shipyard, and Garden Reach Sh.

What does Bharat Electron do?

Bharat Electronics Ltd is a public sector enterprise established in 1954, specializing in manufacturing electronic equipment for the defense sector. As of March 2026, it reported net sales of ₹10,224 Cr and a net profit of ₹2,225 Cr, with a market cap of ₹301,492 Cr.

Overview: Bharat Electronics Ltd is a public sector enterprise engaged in the manufacture and supply of electronic equipment and systems primarily for the defense sector, operating within the Aerospace & Defense industry and categorized as a Large Cap company.<BR><BR>History: Established in 1954, Bharat Electronics Ltd operates under the administrative control of the Department of Defence Production, Ministry of Defence. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 10,224 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 2,225 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 301,492 Cr (Large Cap)<BR><BR>Key Metrics: <BR>- P/E: 49.00<BR>- Industry P/E: 42<BR>- Dividend Yield: 0.22%<BR>- Debt Equity: -0.35<BR>- Return on Equity: 25.27%<BR>- Price to Book: 12.56<BR><BR>Contact Details: <BR>- Address: Nagavara, Outer Ring Road Bangalore Karnataka : 560045<BR>- Tel: 91-80-25039300<BR>- Email: secretary@bel.co.in<BR>- Website: http://www.bel-india.com

Are Bharat Electronics Ltd latest results good or bad?

Bharat Electronics Ltd's latest results show strong revenue growth and a significant increase in net profit, but declining operating margins and slowing growth raise concerns. Overall, the results are mixed, leading to a shift from a "Buy" to a "Hold" rating.

Bharat Electronics Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for the quarter ended March 2026, reaching ₹2,225 crores, which is a 40.92% increase quarter-on-quarter and a 4.62% increase year-on-year. Additionally, revenue surged to ₹10,224 crores, marking a 42.92% increase from the previous quarter and an 11.75% increase year-on-year. This indicates strong operational momentum and effective order execution.<BR><BR>However, there are concerns regarding profitability metrics. The operating margin has contracted to 29.16%, down from 30.78% a year earlier, suggesting that rising input costs or competitive pressures are impacting profitability. Furthermore, while revenue growth remains positive, it has decelerated compared to previous quarters, which could indicate challenges ahead.<BR><BR>Overall, while the results show robust revenue growth and a strong net profit, the margin compression and slowing growth rates raise caution. The transition from a "Buy" to a "Hold" rating reflects these mixed signals, suggesting that while the company remains a leader in its sector, valuation concerns and operational challenges warrant careful consideration.

Is Bharat Electron technically bullish or bearish?

As of November 17, 2025, the trend is mildly bullish with positive daily moving averages and Bollinger Bands, but caution is advised due to a mildly bearish weekly MACD and mixed signals from the KST.

As of 17 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullishness and the Bollinger Bands showing a mildly bullish trend on both weekly and monthly time frames. However, the weekly MACD is mildly bearish, which adds some caution. The KST is bullish on the weekly but mildly bearish on the monthly, indicating mixed signals. Overall, while there are positive indicators, the presence of bearish signals in the MACD suggests a cautious approach.

How has been the historical performance of Bharat Electron?

Bharat Electron has shown consistent growth from March 2019 to March 2025, with net sales increasing from INR 12,164.17 crore to INR 23,768.75 crore and profit after tax rising from INR 1,848.03 crore to INR 5,287.15 crore, alongside significant improvements in operating profit and total assets.

Answer:<BR>The historical performance of Bharat Electron shows a consistent growth trend in net sales and profits over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Bharat Electron's net sales have increased significantly from INR 12,164.17 crore in March 2019 to INR 23,768.75 crore in March 2025, reflecting a strong upward trajectory. The total operating income has followed a similar pattern, rising from INR 12,164.17 crore in March 2019 to INR 23,768.75 crore in March 2025. The company has managed to control its total expenditure, which grew from INR 9,257.94 crore in March 2019 to INR 16,935.05 crore in March 2025, resulting in an operating profit (PBDIT) that surged from INR 2,979.22 crore to INR 7,576.06 crore during the same period. Profit before tax also saw a substantial increase, climbing from INR 2,628.34 crore in March 2019 to INR 7,099.00 crore in March 2025. Consequently, the profit after tax rose from INR 1,848.03 crore to INR 5,287.15 crore, showcasing the company's ability to enhance profitability. The earnings per share (EPS) improved from INR 7.74 in March 2019 to INR 7.28 in March 2025, while the book value per share adjusted increased from INR 13.77 to INR 27.32 over the same timeframe. The total assets of Bharat Electron grew from INR 23,849.61 crore in March 2019 to INR 40,297.02 crore in March 2025, indicating robust asset accumulation. Overall, Bharat Electron has demonstrated strong financial performance with significant growth in sales, profits, and asset base over the years.

Who are the top shareholders of the Bharat Electron?

The top shareholder of Bharat Electron is the President of India, holding 51.14% of shares. Other significant shareholders include foreign institutional investors at 18.56%, mutual funds at 14.6%, and individual investors at 8.59%.

The top shareholders of Bharat Electron include the President of India, who holds the largest stake at 51.14%. The majority of the company's shares are held by promoters, with no pledged promoter holdings reported. Additionally, foreign institutional investors (FIIs) own 18.56% of the shares, while mutual funds have a collective holding of 14.6% across 442 schemes. The highest public shareholder is the CPSE Exchange Traded Scheme, which accounts for 2.92%. Individual investors hold 8.59% of the shares.

Is Bharat Electron overvalued or undervalued?

As of March 31, 2023, Bharat Electron is considered very expensive and overvalued with a PE ratio of 53.67, significantly higher than its peers, indicating caution for potential investors despite a strong year-to-date return of 34.09%.

As of 31 March 2023, Bharat Electron's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued, with a PE ratio of 53.67, a Price to Book Value of 14.30, and an EV to EBITDA ratio of 40.40. These ratios suggest that the stock is trading at a premium compared to its earnings and assets.<BR><BR>In comparison to its peers, Bharat Electron's PE ratio is notably higher than Hindustan Aeronautics, which has a PE ratio of 39.90, and Bharat Dynamics, which stands at 128.93. The elevated valuation metrics, combined with a relatively low dividend yield of 0.59% and a PEG ratio of 1.60, further support the conclusion that the stock is overvalued. Despite strong recent performance, with a year-to-date return of 34.09% compared to the Sensex's 5.66%, the current valuation levels suggest caution for potential investors.

What is the bonus history of the Bharat Electron?

Bharat Electronics Ltd has a history of issuing bonus shares, with the most recent being a 2:1 bonus on September 15, 2022. Prior bonuses include a 1:10 bonus on September 28, 2017, and a 2:1 bonus on September 14, 2015.

Bharat Electronics Ltd has a notable bonus history. The most recent bonus issue was a 2:1 bonus, which was announced with an ex-date of September 15, 2022, and a record date of September 16, 2022. Prior to that, the company issued a 1:10 bonus on September 28, 2017, with a record date of September 29, 2017. Additionally, there was a 2:1 bonus issued on September 14, 2015, with a record date of September 15, 2015. This history reflects the company's practice of rewarding its shareholders through bonus shares.

Has Bharat Electron declared dividend?

Bharat Electronics Ltd has declared a 150% dividend, amounting to ₹1.5 per share, with an ex-date of March 11, 2025. The company has shown impressive total returns over various periods, including a total return of 1553.14% over the past 5 years.

Bharat Electronics Ltd has declared a 150% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 150%<BR>- Amount per share: 1.5<BR>- Ex-date: Mar-11-2025<BR><BR>Dividend Yield: 0.58%<BR><BR>Total Returns by Period:<BR>Over the last 6 months, the price return was 24.39%, the dividend return was 0.48%, resulting in a total return of 24.87%.<BR><BR>In the past year, the price return reached 42.53%, with a dividend return of 0.80%, leading to a total return of 43.33%.<BR><BR>Over a 2-year period, the price return was an impressive 230.31%, while the dividend return contributed 3.45%, culminating in a total return of 233.76%.<BR><BR>For the last 3 years, the price return soared to 385.57%, with a dividend return of 9.39%, resulting in an overall total return of 394.96%.<BR><BR>In the 4-year span, the price return was 674.15%, and the dividend return was 19.52%, bringing the total return to 693.67%.<BR><BR>Over the past 5 years, the price return reached a remarkable 1500.71%, with a dividend return of 52.43%, leading to an extraordinary total return of 1553.14%.<BR><BR>Overall, Bharat Electronics Ltd has not only declared a substantial dividend but has also demonstrated impressive total returns across various periods, indicating strong financial performance and shareholder value.