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BEL Stock Chart & Stats
₹462.70
₹1.00(0.35%)
At close: 4:00 PM EST
₹462.70
₹1.00(0.35%)
Day’s Range― - ―
52-Week Range₹361.05 - ₹473.25
Previous CloseN/A
Volume9.33M
Average Volume (3M)1.06M
Market Cap
₹3.04T
Enterprise Value₹2.98T
Total Cash (Recent Filing)₹81.17B
Total Debt (Recent Filing)₹588.90M
Price to Earnings (P/E)50.2
Beta1.30
Next Earnings
Aug 03, 2026EPS Estimate
1.21Next Dividend Ex-DateN/A
Dividend Yield0.6%
Share Statistics
EPS (TTM)7.79
Shares Outstanding7,309,779,000
10 Day Avg. Volume895,523
30 Day Avg. Volume1,059,455
Financial Highlights & Ratios
PEG Ratio3.48
Price to Book (P/B)12.21
Price to Sales (P/S)10.61
P/FCF Ratio256.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹555.00Price Target Upside19.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)9.67
Revenue Forecast (FY)₹319.58B
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthVery low leverage and a rising equity base give BEL durable financial flexibility to pursue large, multi-year defence programmes, fund R&D and capex internally, and absorb procurement timing swings; this reduces refinancing risk and supports reliable program execution over time.
Consistent Revenue & Profit GrowthSustained top-line growth and materially higher net income across 2021–2026 indicate enduring demand for BEL’s systems and services. Durable revenue expansion and improving profitability underpin capacity to reinvest in product development, retain technical talent, and strengthen competitive positioning over the medium term.
Recurring After‑Sales RevenueBEL’s mix of product sales, systems integration and lifecycle services (AMCs, spares, upgrades) creates recurring aftermarket revenue tied to deployed platforms. That service stream enhances customer stickiness, smooths revenue over programme life cycles and supports long-term margin visibility versus one-off sales.
Bears Say
Cash‑Flow VolatilityHistoric swings in free cash flow—strong in 2021–2024, negative in 2025, only a modest 2026 recovery—signal inconsistent earnings-to-cash conversion. Working-capital and milestone timing differences can constrain internal funding for capex, dividends or program ramps and elevate execution risk over months.
Concentration On Government Defence DemandHeavy reliance on Indian defence and government procurement makes revenues sensitive to budget cycles, award timing and political decisions. This concentration produces lumpy orders and receivable timing risk, limiting diversification and exposing BEL to medium-term variability driven by public procurement schedules.
Limited Latest Margin TransparencyMissing margin detail for 2026 reduces clarity on whether prior margin improvements are sustainable. In a contract-driven business where program mix and pricing materially affect profitability, this disclosure gap complicates forecasting of future margins and assessing how resilient operating profits are to new programme awards.
Bharat Electronics Limited News
BEL FAQ
What was Bharat Electronics Limited’s price range in the past 12 months?
Bharat Electronics Limited lowest stock price was ₹361.05 and its highest was ₹473.25 in the past 12 months.
What is Bharat Electronics Limited’s market cap?
Bharat Electronics Limited’s market cap is ₹3.04T.
When is Bharat Electronics Limited’s upcoming earnings report date?
Bharat Electronics Limited’s upcoming earnings report date is Aug 03, 2026 which is in 32 days.
How were Bharat Electronics Limited’s earnings last quarter?
Bharat Electronics Limited released its earnings results on May 19, 2026. The company reported ₹3.01 earnings per share for the quarter, beating the consensus estimate of ₹3.006 by ₹0.004.
Is Bharat Electronics Limited overvalued?
According to Wall Street analysts Bharat Electronics Limited’s price is currently Undervalued.
Does Bharat Electronics Limited pay dividends?
Bharat Electronics Limited pays a Semiannually dividend of ₹1.95 which represents an annual dividend yield of 0.6%. See more information on Bharat Electronics Limited dividends here
What is Bharat Electronics Limited’s EPS estimate?
Bharat Electronics Limited’s EPS estimate is 1.21.
How many shares outstanding does Bharat Electronics Limited have?
Bharat Electronics Limited has 7,309,779,000 shares outstanding.
What happened to Bharat Electronics Limited’s price movement after its last earnings report?
Bharat Electronics Limited reported an EPS of ₹3.01 in its last earnings report, beating expectations of ₹3.006. Following the earnings report the stock price went down -0.832%.
Which hedge fund is a major shareholder of Bharat Electronics Limited?
Currently, no hedge funds are holding shares in IN:BEL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
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 testing, precision fabrication, microwave integrated circuit assemblies, super components modules, cable assemblies, and antennae manufacturing services; designs and manufactures transformers, coils, chokes, and sub-assemblies; and software services. In addition, the company offers cyber security products, such as data diodes and secure storage products; EV charging stations; and platform screen doors. Further, the company provides security architecture conceptualization and consulting, and information security audit services. It exports its products to the United States, France, Spain, the United Kingdom, Mauritius, Seychelles, Mauritius, the Republic of Armenia, Sri Lanka, Sweden, and Israel. Bharat Electronics Limited was incorporated in 1954 and is headquartered in Bengaluru, India.
BEL Stock 12 Month Forecast
Average Price Target
₹555.00
▲(19.95% Upside)
Technical Analysis
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