Bharat Electronics Limited

NSE: BEL · Capital Goods · Lot size: 1425

OverviewOption ChainOI AnalysisFII / DIIMax Pain

Bharat Electronics Limited Share Price & Analysis

₹408Updated 5 Jun 2026, 03:30 pm IST
LTP
₹408
—
Open
₹410.1
High
₹412
Low
₹405.1
Close
₹409.9
52W High
₹473
52W Low
₹361
Volume
11084K
Lot Size
1425
Sector
Capital Goods
Market Cap
₹3.0L Cr
Face Value
₹1
Large CapNIFTY 100NIFTY 200NIFTY 50NIFTY 500

Price Chart

Fundamentals

P/E
49.2
Sector P/E
53.3
P/B
12.44
EPS
₹8.16
ROE
27.6%
ROCE
36.5%
D/E Ratio
0
Div Yield
0.59%
Book Value
₹32.8
+

Strengths

  • ✓Excellent return on equity (ROE 27.6%)
  • ✓Efficient capital deployment (ROCE 36.5%)
  • ✓Virtually debt-free
−

Concerns

  • ✗High premium to book value (P/B 12.4x)

Peer Comparison

CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
HAL
Hindustan Aeronautics Limited
₹4,216
₹2.9L Cr31.46.8724320
CUMMINSIND
Cummins India Limited
₹5,776
₹1.6L Cr65.318.8830.239.50
ABB
ABB India Limited
₹7,160
₹1.5L Cr99.419.3522.429.90.01
POLYCAB
Polycab India Limited
₹9,670
₹1.4L Cr53.712.1224.534.30.02
BHEL
Bharat Heavy Electricals Limited
₹387
₹1.4L Cr89.45.156.298.510.45
CGPOWER
CG Power and Industrial Solutions Limited
₹938
₹1.4L Cr11618.5420.8270.02
TMCV
Tata Motors Limited
₹369
-1.19%
₹1.4L Cr24.710.7143.4—0.44

Showing 7 peers in the same sector · Sorted by market cap

Shareholding Pattern

BEL · as of Mar 2026

Promoters51.14%
FII17.55%▲0.21
DII20.87%▼0.07
Public10.43%▼0.15
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters51.14%51.14%51.14%51.14%51.14%51.14%
FII17.77%17.56%17.43%17.27%17.34%17.55%
DII23.37%22.63%20.62%20.22%20.94%20.87%
Public7.72%8.66%10.82%11.37%10.58%10.43%

Corporate Events

To consider and approve the financial results for the period ended March 31, 2026 and dividend

Dividend18 May 2026

Interim Dividend - Rs 1.95 Per Share

Dividend5 Mar 2026

Dividend - Rs 0.90 Per Share

Dividend13 Aug 2025

Interim Dividend - Rs 1.5 Per Share

Dividend10 Mar 2025

Annual General Meeting/Dividend - Re 0.80 Per Share

Dividend13 Aug 2024

Interim Dividend - Re 0.70 Per Share

Record: 22 Mar 2024

Dividend21 Mar 2024

Interim Dividend - Re 0.70 Per Share

Record: 9 Feb 2024

Dividend8 Feb 2024

Annual General Meeting/Dividend - Re 0.60 Per Share

Dividend16 Aug 2023

Latest News

All news →

India to finalize deal for 114 Rafale fighter jets

*India to finalize deal for 114 Rafale fighter jets.* The government has finalized the request letter and will soon send it to France, marking a key step toward a major defence procurement. The deal could be worth over **$15 billion**, boosting domestic defence manufacturing. Ancillary players like BEL and HAL may benefit from subcontracting opportunities. 📊 *STOCKS:* BEL, HAL | 🏢 *SECTOR:* Defence | #MEDIUMIMPACT #Defence

The Indian Express25 May
Medium Impact

Morgan Stanley forecasts Sensex at 89,000 by 2027

*Morgan Stanley forecasts Sensex to reach 89,000 by June 2027*, driven by India’s next capex cycle. The brokerage identifies 7 key stocks across infrastructure, defense, and capital goods as primary beneficiaries. **₹500,000 crore** in estimated capex over the next few years could fuel earnings growth. Institutional focus on domestic cyclicals may accelerate F&O activity. 📊 *STOCKS:* LT, ULTRACEMCO, HAL, BEL, TATAMOTORS, POWERGRID, IRFC | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Capex

financialexpress.com13 May
Medium Impact

BEL wins ₹1,251 crore defence order

*BEL wins ₹1,251 crore defence order*\nBharat Electronics has secured a **₹1,251 crore** order from the Ministry of Defence. The contract strengthens BEL's order book and reinforces its dominance in India's defence electronics sector. Such orders are key to maintaining revenue momentum in the defence space.\n\n📊 *STOCKS:* BEL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #OrderWin

Business Standard5 May
Medium Impact

Financials

Quarterly Results

MetricDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue
₹7.2K Cr
▲23.5%
₹5.8K Cr
▲30.5%
₹4.4K Cr
▼51.5%
₹9.2K Cr
▲58.6%
₹5.8K Cr
▲25.3%
₹4.6K Cr
▲8.5%
₹4.2K Cr
▼50.4%
₹8.6K Cr
Op. Profit
₹2.1K Cr
▲25.0%
₹1.7K Cr
▲37.5%
₹1.2K Cr
▼56.0%
₹2.8K Cr
▲68.7%
₹1.7K Cr
▲19.2%
₹1.4K Cr
▲47.7%
₹948 Cr
▼58.5%
₹2.3K Cr
OPM
30.0%
▲3.4%
29.0%
▲3.6%
28.0%
▼9.7%
31.0%
▲6.9%
29.0%
▼3.3%
30.0%
▲36.4%
22.0%
▼18.5%
27.0%
Net Profit
₹1.6K Cr
▲22.8%
₹1.3K Cr
▲32.8%
₹969 Cr
▼54.4%
₹2.1K Cr
▲62.1%
₹1.3K Cr
▲20.0%
₹1.1K Cr
▲38.2%
₹791 Cr
▼56.0%
₹1.8K Cr
EPS (₹)
2.16
▲22.7%
1.76
▲32.3%
1.33
▼54.3%
2.91
▲62.6%
1.79
▲20.1%
1.49
▲38.0%
1.08
▼56.1%
2.46

Values in ₹ Cr · Source: Screener.in

Annual Profit & Loss

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Revenue
₹27.6K Cr
▲16.2%
₹23.8K Cr
▲17.3%
₹20.3K Cr
▲14.3%
₹17.7K Cr
▲15.4%
₹15.4K Cr
▲8.9%
₹14.1K Cr
▲8.8%
₹13.0K Cr
▲6.6%
₹12.2K Cr
▲17.0%
₹10.4K Cr
▲20.2%
₹8.7K Cr
Expenses
₹19.6K Cr
▲15.5%
₹16.9K Cr
▲11.3%
₹15.2K Cr
▲11.5%
₹13.6K Cr
▲13.5%
₹12.0K Cr
▲10.4%
₹10.9K Cr
▲6.7%
₹10.2K Cr
▲10.3%
₹9.3K Cr
▲10.7%
₹8.4K Cr
▲21.8%
₹6.9K Cr
Op. Profit
₹8.0K Cr
▲17.7%
₹6.8K Cr
▲35.4%
₹5.1K Cr
▲23.5%
₹4.1K Cr
▲22.3%
₹3.3K Cr
▲4.0%
₹3.2K Cr
▲16.5%
₹2.8K Cr
▼5.2%
₹2.9K Cr
▲42.7%
₹2.0K Cr
▲13.8%
₹1.8K Cr
OPM
29.0%
▲0.0%
29.0%
▲16.0%
25.0%
▲8.7%
23.0%
▲4.5%
22.0%
▼4.3%
23.0%
▲9.5%
21.0%
▼12.5%
24.0%
▲20.0%
20.0%
▼4.8%
21.0%
Other Income
₹566 Cr
▼23.7%
₹742 Cr
▲10.7%
₹670 Cr
▲138.4%
₹281 Cr
▲21.1%
₹232 Cr
▲85.6%
₹125 Cr
▲26.3%
₹99 Cr
▲35.6%
₹73 Cr
▼62.8%
₹196 Cr
▼53.3%
₹420 Cr
Interest
₹7 Cr
▼46.2%
₹13 Cr
▲8.3%
₹12 Cr
▼36.8%
₹19 Cr
▲111.1%
₹9 Cr
▼10.0%
₹10 Cr
▲25.0%
₹8 Cr
▼50.0%
₹16 Cr
▲166.7%
₹6 Cr
▼66.7%
₹18 Cr
Depreciation
₹556 Cr
▲19.1%
₹467 Cr
▲5.4%
₹443 Cr
▲3.3%
₹429 Cr
▲7.0%
₹401 Cr
▲3.6%
₹387 Cr
▲4.0%
₹372 Cr
▲10.1%
₹338 Cr
▲24.3%
₹272 Cr
▲28.3%
₹212 Cr
PBT
₹8.1K Cr
▲13.4%
₹7.1K Cr
▲34.8%
₹5.3K Cr
▲34.2%
₹3.9K Cr
▲23.9%
₹3.2K Cr
▲7.6%
₹2.9K Cr
▲18.7%
₹2.5K Cr
▼5.7%
₹2.6K Cr
▲34.3%
₹2.0K Cr
▼1.3%
₹2.0K Cr
Tax %
25.0%
▼3.8%
26.0%
▲4.0%
25.0%
▲0.0%
25.0%
▼3.8%
26.0%
▼13.3%
30.0%
▲7.1%
28.0%
▼6.7%
30.0%
▲7.1%
28.0%
▲16.7%
24.0%
Net Profit
₹6.1K Cr
▲13.9%
₹5.3K Cr
▲33.6%
₹4.0K Cr
▲33.5%
₹3.0K Cr
▲24.4%
₹2.4K Cr
▲14.3%
₹2.1K Cr
▲15.1%
₹1.8K Cr
▼3.3%
₹1.9K Cr
▲31.9%
₹1.4K Cr
▼6.0%
₹1.5K Cr
EPS (₹)
8.29
▲13.9%
7.28
▲33.6%
5.45
▲33.6%
4.08
▲24.4%
3.28
▲14.3%
2.87
▲14.8%
2.5
▼3.1%
2.58
▲31.6%
1.96
▼5.3%
2.07
Div Payout
30.0%
▼9.1%
33.0%
▼17.5%
40.0%
▼9.1%
44.0%
▼4.3%
46.0%
▲0.0%
46.0%
▲24.3%
37.0%
▼15.9%
44.0%
▲29.4%
34.0%
▲3.0%
33.0%

Values in ₹ Cr · Source: Screener.in

Balance Sheet

ItemSep 2025Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Liabilities
Equity Capital
₹731 Cr
▲0.0%
₹731 Cr
▲0.0%
₹731 Cr
▲0.0%
₹731 Cr
▲199.6%
₹244 Cr
▲0.0%
₹244 Cr
▲0.0%
₹244 Cr
▲0.0%
₹244 Cr
▲0.0%
₹244 Cr
▲9.4%
₹223 Cr
Reserves
₹20.8K Cr
▲8.3%
₹19.2K Cr
▲23.4%
₹15.6K Cr
▲18.8%
₹13.1K Cr
▲9.0%
₹12.0K Cr
▲11.3%
₹10.8K Cr
▲10.1%
₹9.8K Cr
▲9.6%
₹9.0K Cr
▲15.4%
₹7.8K Cr
▲3.5%
₹7.5K Cr
Borrowings
₹59 Cr
▼3.3%
₹61 Cr
▼3.2%
₹63 Cr
▲3.3%
₹61 Cr
▲15.1%
₹53 Cr
▲1666.7%
₹3 Cr
▼62.5%
₹8 Cr
▼76.5%
₹34 Cr
▼57.5%
₹80 Cr
▲25.0%
₹64 Cr
Other Liabilities
₹21.3K Cr
▲2.5%
₹20.8K Cr
▼10.1%
₹23.1K Cr
▲7.3%
₹21.6K Cr
▼0.0%
₹21.6K Cr
▲17.1%
₹18.4K Cr
▲29.1%
₹14.3K Cr
▲23.3%
₹11.6K Cr
▲6.5%
₹10.9K Cr
▲10.9%
₹9.8K Cr
Total Liabilities
₹42.9K Cr
▲5.1%
₹40.8K Cr
▲3.3%
₹39.5K Cr
▲11.4%
₹35.5K Cr
▲4.7%
₹33.9K Cr
▲15.0%
₹29.5K Cr
▲21.1%
₹24.4K Cr
▲17.0%
₹20.8K Cr
▲9.8%
₹19.0K Cr
▲7.8%
₹17.6K Cr
Assets
Fixed Assets
₹4.1K Cr
▲20.3%
₹3.4K Cr
▲12.7%
₹3.0K Cr
▲2.4%
₹3.0K Cr
▲10.8%
₹2.7K Cr
▲0.9%
₹2.7K Cr
▼2.2%
₹2.7K Cr
▲18.1%
₹2.3K Cr
▲25.0%
₹1.8K Cr
▲22.5%
₹1.5K Cr
CWIP
₹564 Cr
▼46.4%
₹1.1K Cr
▲17.7%
₹894 Cr
▲4.6%
₹855 Cr
▼15.0%
₹1.0K Cr
▲13.9%
₹883 Cr
▲6.6%
₹828 Cr
▼2.5%
₹849 Cr
▼9.7%
₹940 Cr
▲26.5%
₹743 Cr
Investments
₹779 Cr
▲4.8%
₹743 Cr
▲8.9%
₹682 Cr
▲4.9%
₹650 Cr
▼58.7%
₹1.6K Cr
▲20.4%
₹1.3K Cr
▲17.7%
₹1.1K Cr
▲15.1%
₹964 Cr
▲2.9%
₹937 Cr
▲90.8%
₹491 Cr
Other Assets
₹37.5K Cr
▲5.2%
₹35.6K Cr
▲2.0%
₹34.9K Cr
▲12.5%
₹31.0K Cr
▲8.2%
₹28.7K Cr
▲16.3%
₹24.7K Cr
▲25.1%
₹19.7K Cr
▲17.9%
₹16.7K Cr
▲9.6%
₹15.2K Cr
▲2.6%
₹14.9K Cr
Total Assets
₹42.9K Cr
▲5.1%
₹40.8K Cr
▲3.3%
₹39.5K Cr
▲11.4%
₹35.5K Cr
▲4.7%
₹33.9K Cr
▲15.0%
₹29.5K Cr
▲21.1%
₹24.4K Cr
▲17.0%
₹20.8K Cr
▲9.8%
₹19.0K Cr
▲7.8%
₹17.6K Cr

Values in ₹ Cr · Source: Screener.in

Cash Flow Statement

ItemMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating CF
₹587 Cr
▼87.4%
₹4.7K Cr
▲288.6%
₹1.2K Cr
▼71.5%
₹4.2K Cr
▼17.4%
₹5.1K Cr
▲98.2%
₹2.6K Cr
▲69.7%
₹1.5K Cr
▲320.4%
₹-687 Cr
▼1026.2%
₹-61 Cr
▼102.7%
₹2.3K Cr
Investing CF
₹617 Cr
▲110.4%
₹-5.9K Cr
▼318.8%
₹2.7K Cr
▲155.6%
₹-4.9K Cr
▼87.7%
₹-2.6K Cr
▼299.8%
₹-649 Cr
▲27.6%
₹-896 Cr
▼14833.3%
₹-6 Cr
▼100.2%
₹3.1K Cr
▲311.9%
₹-1.5K Cr
Financing CF
₹-1.7K Cr
▼15.0%
₹-1.5K Cr
▼16.9%
₹-1.3K Cr
▼17.1%
₹-1.1K Cr
▼0.2%
₹-1.1K Cr
▼1.4%
₹-1.1K Cr
▼60.0%
₹-663 Cr
▲44.8%
₹-1.2K Cr
▲57.9%
₹-2.9K Cr
▼798.4%
₹-318 Cr
Net Cash Flow
₹-493 Cr
▲82.0%
₹-2.7K Cr
▼203.6%
₹2.6K Cr
▲251.8%
₹-1.7K Cr
▼222.5%
₹1.4K Cr
▲65.2%
₹861 Cr
▲2013.3%
₹-45 Cr
▲97.6%
₹-1.9K Cr
▼1061.9%
₹197 Cr
▼58.3%
₹472 Cr
Free Cash Flow
₹-422 Cr
▼110.5%
₹4.0K Cr
▲557.1%
₹611 Cr
▼83.3%
₹3.7K Cr
▼20.9%
₹4.6K Cr
▲153.4%
₹1.8K Cr
▲132.5%
₹785 Cr
▲152.6%
₹-1.5K Cr
▼74.9%
₹-853 Cr
▼153.1%
₹1.6K Cr

Values in ₹ Cr · Source: Screener.in

Key Ratios History

MetricMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Debtor Days
140d
▲5.3%
133d
▼8.3%
145d
▲0.0%
145d
▼14.7%
170d
▼10.1%
189d
▲17.4%
161d
▼8.5%
176d
▼4.3%
184d
▼0.5%
185d
Inventory Days
273d
▲6.2%
257d
▲7.1%
240d
▲4.3%
230d
▼1.3%
233d
▲14.2%
204d
▼25.8%
275d
▼9.8%
305d
▼25.1%
407d
▲1.5%
401d
Days Payable
100d
▼21.9%
128d
▲3.2%
124d
▼10.8%
139d
▼10.3%
155d
▲23.0%
126d
▲41.6%
89d
▼2.2%
91d
▼15.7%
108d
▼3.6%
112d
Cash Conv. Cycle
313d
▲19.5%
262d
▲0.4%
261d
▲10.1%
237d
▼4.4%
248d
▼7.1%
267d
▼23.1%
347d
▼11.0%
390d
▼19.3%
483d
▲2.1%
473d
Working Capital Days
85d
▲372.2%
18d
▼35.7%
28d
▲600.0%
4d
▼91.5%
47d
▼60.5%
119d
▼11.2%
134d
▲7.2%
125d
▲98.4%
63d
▲687.5%
8d
ROCE
39.0%
▲11.4%
35.0%
▲16.7%
30.0%
▲11.1%
27.0%
▼3.6%
28.0%
▲7.7%
26.0%
▼13.3%
30.0%
▲20.0%
25.0%
▲8.7%
23.0%
▲15.0%
20.0%

Source: Screener.in · Lower days = better efficiency

Deep Dive Analysis

Option Chain
Strike-wise OI & IV
OI Analysis
PCR, buildup type
FII / DII
Institutional flows
Max Pain
Writer pain levels

About Bharat Electronics Limited

Incorporated in 1954, Bharat Electronics Ltd manufactures and supplies electronic equipment and systems to the defence sector. Company also has a limited presence in the civilian market[1]

Capital Goods · Aerospace & Defense

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Frequently Asked Questions

What is Bharat Electronics Limited share price today?▾
Bharat Electronics Limited (BEL) is currently trading at ₹408 on NSE, as of the last market session. Prices update daily after market close on MarketNetra.
Is Bharat Electronics Limited available in F&O (Futures & Options)?▾
Yes, Bharat Electronics Limited (BEL) is part of the NSE F&O segment with a lot size of 1425 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Bharat Electronics Limited 52-week high and low?▾
Bharat Electronics Limited's 52-week high is ₹473 and the 52-week low is ₹361. The current price of ₹408 is 13.7% below the 52W high.
What is Bharat Electronics Limited P/E ratio?▾
Bharat Electronics Limited's current P/E ratio is 49.2. This indicates the market is paying ₹49.2 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Bharat Electronics Limited options?▾
Bharat Electronics Limited options are traded on NSE with monthly expiry contracts (lot size: 1425 shares). To trade BEL options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.