Bharat Electronics Limited Stock Price Today (NSE: BEL)

Bharat Electronics Limited

407.85+0.65 (+0.16%)
Market Closed

Fundamental Score

...

Bharat Electronics Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Bharat Electronics Limited share price today is 407.85, up +0.16% on NSE/BSE as of 18 June 2026. Bharat Electronics Limited (BEL) is a Large-cap company in the Aerospace & Defense sector with a market capitalisation of 3.05L (Cr). The 52-week high for BEL share price is 473.45 and the 52-week low is 361.20. At a P/E ratio of 53.58x, BEL is currently trading below its industry average P/E of 64.22x. The company has a Return on Equity (ROE) of 29.22% and a debt-to-equity ratio of 0.00.

Bharat Electronics Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
448.30
Low
407.00
Volume
1.2Cr
Change
-3.88%

Bharat Electronics Limited share price chart: -3.88% return over the past month. 52-week high ₹473.45, 52-week low ₹361.20.

Bharat Electronics Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
405.80409.60400.30407.85150.04L (Cr)
412.35413.70404.75407.20164.53L (Cr)
413.30419.10409.90410.75265.60L (Cr)
419.10419.10419.10419.100.00 (Cr)
422.00422.00416.10419.10108.69L (Cr)
423.50425.55418.85420.10123.15L (Cr)
419.30422.55417.30421.8588.62L (Cr)
421.45421.45415.45416.5591.76L (Cr)
420.00426.10418.05420.40197.90L (Cr)
416.30420.00407.00413.30280.13L (Cr)

Bharat Electronics Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
412.35413.70400.30407.85-1.09%
431.30443.80407.00410.75-4.76%
415.00464.40407.50431.30+3.93%
440.23473.45399.35400.65-8.99%
432.00460.00420.25442.81+2.50%
399.90457.50394.60449.00+12.28%
415.90419.20380.45399.60-3.92%
428.00431.00401.00411.75-3.80%
402.00427.25399.35426.10+6.00%
369.95416.65367.55403.95+9.19%
383.10393.50361.20369.40-3.58%
424.80436.00378.00383.10-9.82%

AI Research Briefing

Powered by Gemini · 2026-04-10

Overvalued Aatmanirbhar play; execution is everything.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEConsolidation - 1M: -2.08%, 3M: 10.79%, 6M: 6.82%.Expensive - P/E 53.58x vs Industry P/E 64.22x.

WHAT'S HAPPENING NOW

BEL secured in new orders since March 30, 2026. This includes mountain radars for the Ministry of Defence, avionics for LCA Tejas, and export orders for communication equipment. Prior to this, BEL secured worth of orders and in mid-March.

CORE STORY (THE REAL GAME)

Why Now
  • ₹6,795 crore order inflow
  • Strong Q3 FY26 results
  • FY26 turnover growth of 16.2%
Potential Catalysts
  • Major new defense contract wins
  • Successful execution of existing order book
  • Increase in defense exports
Key Risks
  • High valuation
  • Dependence on government contracts
  • Potential delays in order execution
Institutional Activity

FII decreased holdings by 0.42%, while DII increased by 0.28%.

Macro Context

Geopolitical tensions and increased defense spending are tailwinds.

Order Book / Expansion

Secured orders worth ₹6,795 crore in March 2026, including mountain radars, LCA avionics, and export orders.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹12557.35 Cr

3–6 Month Outlook

Expect continued growth driven by strong order book and government support. Monitor order execution and margin performance closely.

Primary Thesis Risk

Overvaluation leaves no margin for error in execution.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

29.22%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

38.88%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

24.70%

Average operating profit margin over 5 years

Dividend Yield

0.58%

Annual dividend as % of current share price

Bharat Electronics Limited Valuation Check

Good

Price to Earnings (P/E)

53.58x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

64.22x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

51.14%

% shares held by company founders/management

Good

FII Holding

18.14%

% shares held by foreign institutional investors

Excellent

DII Holding

20.88%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Good

Profit Growth (Quarterly YoY)

17.88%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

25.78%

Revenue growth vs same quarter last year

Good

Revenue Growth (5-Year CAGR)

12.88%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

23.80%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

23.80%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

742.79x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

12.56K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Bharat Electronics Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of BEL across key market metrics for learning purposes.

Positive Indicators

13 factors identified

Strong Return on Equity (29.22%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (38.88%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (24.70%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Strong Revenue Growth (25.78%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (12.88% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (23.80% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (23.80% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (742.79x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹12557.35 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (51.14%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 39.02%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

Premium Valuation Risk (P/E: 53.58x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Bharat Electronics Limited vs Aerospace & Defense Peers

Peer Comparison - Aerospace & Defense

Compare Bharat Electronics Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
71.3/100
408
₹305148.74
53.6
Average
29.22%
Excellent
38.88%
Excellent
0.0
Excellent
23.80%
Excellent
12.88%
Good
0.58%
64.7/100
4333
₹303005.23
35.8
Average
26.07%
Excellent
33.88%
Excellent
0.0
Excellent
24.46%
Excellent
7.63%
Good
0.88%
59.3/100
1282
₹56082.09
85.7
Average
14.38%
Average
19.66%
Good
0.0
Excellent
0.55%
Average
1.50%
Average
0.30%
75.8/100
2659
₹31331.65
50.8
Average
27.60%
Excellent
36.64%
Excellent
0.0
Excellent
25.45%
Excellent
28.78%
Excellent
0.51%
62.59999999999999/100
4139
₹16382.83
70.2
Average
15.18%
Good
21.00%
Excellent
0.0
Excellent
59.36%
Excellent
35.32%
Excellent
0.27%
61.1/100
1686
₹12606.74
51.0
Average
26.08%
Excellent
37.22%
Excellent
0.0
Excellent
36.63%
Excellent
45.50%
Excellent
0.14%
44.3/100
418
₹9506.52
111.5
Average
10.23%
Average
14.54%
Average
0.3
Excellent
32.71%
Excellent
17.98%
Excellent
0.09%
39.4/100
1397
₹8938.57
55.5
Average
14.43%
Average
18.72%
Good
0.2
Excellent
28.59%
Excellent
17.61%
Excellent
0.23%
11/100
6810
₹7920.44
170.9
Average
7.51%
Poor
10.51%
Average
0.3
Excellent
11.04%
Good
25.89%
Excellent
0.00%
44.7/100
1962
₹6046.35
65.5
Average
12.67%
Average
13.76%
Average
0.4
Excellent
21.31%
Excellent
8.90%
Good
0.00%
33.1/100
389
₹6025.80
56.3
Average
8.05%
Poor
10.60%
Average
0.2
Excellent
-7.17%
Poor
8.54%
Good
0.23%

Bharat Electronics Limited PE Ratio History

Historical price-to-earnings ratio for BEL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20257.28₹399.6054.9x
FY 20245.45₹293.1553.8x
FY 20234.09₹184.2045x
FY 20223.28₹99.9030.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Bharat Electronics Limited Dividend History

Annual cash dividends paid by BEL — dividend yield 0.58%

Financial YearDividends Paid (₹ Cr)
FY 20251680.78 Cr
FY 20241462.09 Cr
FY 20231242.80 Cr
FY 20221023.31 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Bharat Electronics Limited Quarterly Performance

Latest quarterly metrics for BEL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

25.78%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

17.88%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

12.88%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

23.80%

Compounded annual net profit growth over 5 years

Bharat Electronics Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for BEL — calculated from daily price history

37RSI 14
Neutral — RSI 37

Momentum is balanced — neither overbought nor oversold.

SMA 50
431
▼ Price below SMA 50 — Short-term bearish
SMA 200
416
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
12097K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Bharat Electronics Limited Financial Statements

Annual income statement, balance sheet and cash flow for Bharat Electronics Limited (BEL) — sourced from NSE/BSE filings.

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Fetching financial data for Bharat Electronics Limited

About BEL (Bharat Electronics Limited)

Bharat Electronics Limited is a multifaceted engineering powerhouse, an integral component of India's strategic defense infrastructure. Forging technological independence, the comp...any excels in the creation of sophisticated, mission-critical electronics tailored for aerospace and defense applications. Within its sprawling campuses, brilliant minds work tirelessly on projects ranging from advanced radar systems that pierce through adverse weather to secure communication networks ensuring seamless tactical coordination. BEL's unwavering commitment to research and development fosters continuous innovation, producing cutting-edge solutions designed to protect and enhance India's national security interests. The company's profound impact is felt across the nation, from the skies above to the oceans below, underpinning the nation’s ability to safeguard its sovereign borders. BEL's innovative spirit transcends mere manufacturing, encompassing full-spectrum lifecycle support for its advanced systems. This includes meticulous design, rigorous testing, deployment assistance, and comprehensive maintenance, ensuring peak operational readiness for the Indian Armed Forces. BEL designs and produces advanced electronic warfare systems providing a tactical advantage in complex electromagnetic environments. Their expertise extends to state-of-the-art avionics suites, enhancing the capabilities of aircraft and helicopters. Furthermore, BEL develops advanced electronic and sensor systems to improve tanks and armored vehicles to ensure accuracy in the theater of operations. BEL also creates sophisticated C4I networks which integrates communications, computers, control, and intelligence providing the army with critical situational awareness. BEL is not just a supplier; it is a collaborative partner to the Armed Forces. Beyond its core defense activities, Bharat Electronics Limited actively contributes to the growth of India's indigenous technological ecosystem. The company fosters partnerships with academia and other research institutions, nurturing emerging talent and driving breakthroughs in key technological domains. By prioritizing local sourcing and empowering domestic industries, BEL strengthens the nation's self-reliance and creates economic opportunities. As the company navigates an era of rapid technological advancement, it remains committed to sustainable practices and ethical governance. This dedication reinforces BEL's position as a responsible corporate citizen, deeply invested in the long-term prosperity and security of India.

Company Details

Symbol:BEL
Industry:Aerospace & Defense
Sector:Aerospace & Defense

Key Leadership

Mr. Manoj Jain
MD & Chairman
Mr. Damodar S. Bhattad
CFO, Director of Finance & Whole-Time Director
Mr. Kaipa Venkata Suresh Kumar
Director of Marketing, Chief Indigenization Officer & Whole-Time Director

BEL Share Price: Frequently Asked Questions

What is the current share price of Bharat Electronics Limited?

Bharat Electronics Limited (BEL) trades at ₹407.85 on NSE and BSE. Market cap ₹3.05L (Cr). Educational data only.

What is the P/E ratio of Bharat Electronics Limited?

Bharat Electronics Limited has a P/E of 53.58x vs industry average 64.22x.

What is the Bull Run score for Bharat Electronics Limited?

Bharat Electronics Limited has a Bull Run score of 71.3/100 based on 25+ financial parameters.

Does Bharat Electronics Limited pay dividends?

Bharat Electronics Limited has a dividend yield of 0.58%. Past dividends don't guarantee future payments.

What is the ROE of Bharat Electronics Limited?

Bharat Electronics Limited has ROE of 29.22%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Bharat Electronics Limited?

Bharat Electronics Limited has debt-to-equity of 0.00.

Is Bharat Electronics Limited a good investment?

Bull Run gives Bharat Electronics Limited a score of 71.3/100. This is not investment advice — consult a SEBI-registered advisor.