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BEL Stock Chart & Stats
₹411.05
₹1.80(0.44%)
At close: 4:00 PM EDT
₹411.05
₹1.80(0.44%)
Day’s Range― - ―
52-Week Range₹354.70 - ₹473.25
Previous CloseN/A
Volume9.68M
Average Volume (3M)772.93K
Market Cap
₹2.63T
Enterprise Value₹2.84T
Total Cash (Recent Filing)₹85.72B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)43.1
Beta1.22
Next Earnings
Oct 30, 2026EPS Estimate
1.87Next Dividend Ex-DateN/A
Dividend Yield0.7%
Share Statistics
EPS (TTM)8.40
Shares Outstanding7,309,779,000
10 Day Avg. Volume730,969
30 Day Avg. Volume772,928
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
₹510.00Price Target Upside24.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)9.63
Revenue Forecast (FY)₹319.69B
Bulls Say, Bears Say
Bulls Say
Revenue And Profit GrowthConsistent revenue expansion alongside substantially higher net income indicates that BEL is growing its operating scale while converting that growth into stronger earnings. This supports continued investment in technology, production capacity, and customer programs, reinforcing earnings durability over the next several quarters.
Conservative Balance SheetVery low leverage and a rapidly expanding equity base give BEL substantial financial resilience. The company has less exposure to interest costs and refinancing pressure, while its strong capital position can support execution of large defence programs and investment without relying heavily on additional debt.
Strong Profitability And ReturnsStrong returns on equity show that BEL has generated meaningful earnings from its growing capital base rather than merely accumulating assets. Combined with solid operating earnings, this suggests an established business model with the profitability needed to fund development and sustain competitive positioning.
Bears Say
Volatile Free Cash FlowThe sharp swing from strong free cash flow to a negative result, followed by only a modest recovery, shows that reported earnings have not converted consistently into cash. Persistent variability could constrain internal funding, complicate project execution, and reduce confidence in near-term cash quality.
Slowing Revenue GrowthAlthough revenue continues to grow, the marked slowdown from 2025 to 2026 indicates that the recent pace of expansion is not fully sustained. A lower growth trajectory can reduce operating leverage and place greater importance on winning new programs and maintaining profitability across the existing order base.
Government Contract ConcentrationHeavy reliance on government and defence-sector contracts concentrates BEL’s revenue around public-sector programs and contract milestones. This structure can make business performance more dependent on procurement decisions, delivery schedules, acceptance processes, and the timing of large customer awards than a diversified commercial model.
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 ₹354.70 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 ₹2.63T.
When is Bharat Electronics Limited’s upcoming earnings report date?
Bharat Electronics Limited’s upcoming earnings report date is Oct 30, 2026 which is in 4 days.
How were Bharat Electronics Limited’s earnings last quarter?
Bharat Electronics Limited released its earnings results on Jul 27, 2026. The company reported ₹1.43 earnings per share for the quarter, beating the consensus estimate of ₹1.35 by ₹0.08.
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 ₹0.55 which represents an annual dividend yield of 0.7%. See more information on Bharat Electronics Limited dividends here
What is Bharat Electronics Limited’s EPS estimate?
Bharat Electronics Limited’s EPS estimate is 1.87.
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 ₹1.43 in its last earnings report, beating expectations of ₹1.35. Following the earnings report the stock price went up 0.506%.
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
₹510.00
▲(24.07% Upside)
Technical Analysis
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