Nifty 50 · Capital Goods
Bharat Electronics
Bharat Electronics (BEL) is a defence PSU manufacturing radars, communication systems, and electronic warfare equipment.
BEL · Capital Goods
₹401.00
+1.80 (+0.45%)
Day High
₹403.00
Day Low
₹398.35
52W High
₹473.45
52W Low
₹361.20
Volume today: 1.08 Cr
PaisaTamil Consensus
HOLDScore 67/100 · Medium confidence
Mixed signals across valuation and momentum. Existing investors may hold; new entries should wait for clarity.
12M Price Target
₹441
Low ₹393 · High ₹501
Analyst-style Breakdown
Strong Buy
0
Buy
5
Hold
23
Sell
0
Strong Sell
0
Derived from public market signals — price momentum, earnings trend, valuation, quality, and technical position — modelled in an analyst-style consensus format.
Signal Breakdown
Price Momentum55/100
1M -1.6%, 1Y +4.1%
Earnings Trend80/100
Latest quarter revenue ₹5.5k Cr, profit ₹1.1k Cr
Valuation62/100
P/E 48.0x vs sector median ~48x
Financial Quality90/100
ROE 22.0%, ROCE 28.0%
Technical Position48/100
Trading between 52W low 361 and high 473
Price Chart
Quarterly Results
| Quarter | Revenue | Net Profit | EPS | Rev YoY | Profit YoY |
|---|---|---|---|---|---|
| Jun 2026 | ₹5.5k Cr | ₹1.1k Cr | ₹1.44 | -39.4% | -50.4% |
| Mar 2026 | ₹10.2k Cr | ₹2.2k Cr | ₹3.04 | — | — |
| Dec 2025 | ₹7.2k Cr | ₹1.6k Cr | ₹2.16 | — | — |
| Jun 2025 | ₹4.4k Cr | ₹970 Cr | ₹1.33 | — | — |
| Mar 2025 | ₹9.1k Cr | ₹2.1k Cr | ₹2.91 | — | — |
Key Ratios
Market Cap
₹2.5 L Cr
P/E Ratio
48.0x
P/B Ratio
12.5x
ROE
22.0%
ROCE
28.0%
Dividend Yield
0.5%
Reference fundamentals for analysis. Verify latest quarterly results before making investment decisions.
Company Overview
BEL earns from defence orders placed by the Indian armed forces. Revenue is lumpy based on order book execution.
Strengths
- +Defence indigenisation tailwind
- +Strong order book visibility
- +Government strategic priority
- +High entry barriers in defence electronics
Risks
- −Order execution timing uncertainty
- −PSU governance constraints
- −Customer concentration (defence ministry)
- −Working capital intensity
Investment Analysis
What to watch
- • BEL is a direct play on India's defence modernisation.
- • Order book-to-revenue ratio signals future growth.
- • Defence budget increases support multi-year demand.
| Industry | Defence Electronics |
|---|---|
| Sector | Capital Goods |
| NSE Symbol | BEL |
| Index Weight | 0.42% |
| Market Cap | ₹2.5 L Cr |
Frequently Asked Questions
Yes. Bharat Electronics is a current constituent of the Nifty 50, which means it is among the 50 largest and most liquid stocks on the National Stock Exchange (NSE).