Bharat Electronics Limited
Fundamental Score
Bharat Electronics Limited Share Price Live NSE/BSE
Profitability Metrics
Return on Equity
Return on Capital Employed
Operating Profit Margin (5Y)
Dividend Yield
Valuation Metrics
Price to Earnings
Market Capitalization
Industry P/E
Growth Metrics
YoY Quarterly Profit Growth
YoY Quarterly Sales Growth
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Financial Health
Debt to Equity
Interest Coverage
Free Cash Flow (5Y)
Ownership Structure
Promoter Holding
FII Holding
DII Holding
Pledged Percentage
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Market Data Analysis & Educational Insights
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. This indicates quality business fundamentals.
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. This indicates sustainable profitability potential.
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. This indicates business expansion success.
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 and market opportunity execution over time.
Excellent EPS Growth (23.80% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.
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 and effective operational leverage over time.
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 and flexibility for growth investments.
Strong Interest Coverage (742.79x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk and strong debt servicing capability.
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 while ensuring adequate liquidity.
Strong Institutional Confidence (FII+DII: 39.02%)
Observation: Significant professional investor participation indicates quality recognition.
Analysis: High institutional holding often signals thorough due diligence and quality business fundamentals.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral, reducing forced-selling risk.
Analysis: Absence of share pledging eliminates potential forced-selling pressure during market stress.
Risk Factors
3 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. Consider entry timing carefully.
High P/E Ratio
Observation: Stock may be overvalued relative to earnings.
Analysis: P/E above 30 requires strong growth execution to justify current valuations.
Very High P/E Ratio
Observation: Significant overvaluation risk present.
Analysis: Extremely high P/E ratios indicate potential bubble territory and high downside risk.
Financial Statements
Comprehensive financial data for Bharat Electronics Limited
About BEL
Business Overview
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.
Company Details
Key Leadership
Corporate Events
Latest News
BEL Stock Details & Analysis
Key Financial Metrics
Growth & Valuation
Frequently Asked Questions
What is the current price of Bharat Electronics Limited (BEL)?
As of 29 Jan 2026, 10:38 am IST, Bharat Electronics Limited (BEL) is currently trading at ₹444.50. The stock has a market capitalization of ₹3.05L (Cr).
Is BEL share price Overvalued or Undervalued?
BEL is currently trading at a P/E ratio of 53.58x, compared to the industry average of 64.22x. Based on this relative valuation, the stock appears to be Undervalued against its sector peers.
What factors affect the Bharat Electronics Limited share price?
Key factors influencing BEL's price include its quarterly earnings growth (Sales Growth: 25.78%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Bharat Electronics Limited a good stock for long-term investment?
Bharat Electronics Limited shows a 5-year Profit Growth of 23.80% and an ROE of 29.22%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.00 before investing.
How does Bharat Electronics Limited compare with its industry peers?
Bharat Electronics Limited competes with major peers in the Aerospace & Defense. Investors should compare BEL's P/E of 53.58x and ROE of 29.22% against the industry averages to determine its competitive standing.
What is the P/E ratio of BEL and what does it mean?
BEL has a P/E ratio of 53.58x compared to the industry average of 64.22x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹54 for every ₹1 of annual earnings.
How is BEL performing according to Bull Run's analysis?
BEL has a Bull Run fundamental score of 71.3/100, which indicates strong fundamentals and excellent investment quality. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.
What sector and industry does BEL belong to?
BEL operates in the Aerospace & Defense industry. This classification helps understand the competitive landscape and sector-specific trends affecting Bharat Electronics Limited.
What is Return on Equity (ROE) and why is it important for BEL?
BEL has an ROE of 29.22%, which indicates excellent management efficiency and profitable operations. Return on Equity measures how efficiently Bharat Electronics Limited generates profits from shareholders' equity.
How is BEL's debt-to-equity ratio and what does it indicate?
BEL has a debt-to-equity ratio of 0.00, which indicates conservative financing with low financial risk. A ratio below 1.0 generally indicates conservative financing.
What is BEL's dividend yield and is it a good dividend stock?
BEL offers a dividend yield of 0.58%, which means you receive ₹0.58 annual dividend for every ₹100 invested.
How has BEL grown over the past 5 years?
BEL has achieved 5-year growth rates of: Sales Growth 12.88%, Profit Growth 23.80%, and EPS Growth 23.80%.
What is the promoter holding in BEL and why does it matter?
Promoters hold 51.14% of BEL shares, with 0.00% of promoter shares pledged. High promoter holding often indicates strong management confidence.
What is BEL's market capitalization category?
BEL has a market capitalization of ₹305149 crores, placing it in the Large-cap category.
How volatile is BEL stock?
BEL has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is the 52-week high and low for BEL?
BEL has a 52-week high of ₹N/A and low of ₹N/A.
What is BEL's operating profit margin trend?
BEL has a 5-year average Operating Profit Margin (OPM) of 24.70%, indicating the company's operational efficiency.
How is BEL's quarterly performance?
Recent quarterly performance shows YoY Sales Growth of 25.78% and YoY Profit Growth of 17.88%.
What is the institutional holding pattern in BEL?
BEL has FII holding of 18.14% and DII holding of 20.88%. Significant institutional holding often suggests professional confidence in the stock.