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NSE: BEL

Bharat Electronics Limited

We don't have a reliable fair-value estimate for Bharat Electronics Limitedyet - our models need more data before we'll publish a number. You can still explore the company's financials below, or try the free intrinsic-value calculator with your own assumptions.

What Bharat Electronics Limited does

Bharat Electronics makes radars, missiles systems and defence electronics for the Indian military. A state-owned company, it wins most orders directly from the defence ministry.

Capital Goods · Industrial Manufacturing

Health signals

GrowthRevenue +15.9%/yr (3y)Good

Over the last 3 years, revenue grew 15.9%/yr and profit grew 26.6%/yr.

ProfitabilityROE 25.3%Good

Every ₹100 of shareholder money earned ₹25.3 in profit last year, vs a sector median of 11.4%.

DebtD/E 0.00Good

It holds more cash than debt.

Valuation+23% vs estimateGood

The market price is below our estimated fair-value range (based on stated assumptions).

Quality₹20 cash per ₹100 profitOkay

About ₹20 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 5 of 5 years.

Key financialsFY17–FY26

Full statements & analysis →
Revenue₹27,610 Cr
Net profit₹6,062 Cr
EPS₹8.29
Free cash flow₹556 Cr
ROE (latest)25.3%
Revenue growth (CAGR)13.8%
Profit growth (CAGR)16.6%

Peers

Jaykay Enterprises Limited₹2,150 CrP/E 9.3ROE 31.3%
Sika Interplant Systems Limited₹2,301 CrP/E 63.2ROE 23.2%
Krishna Defence And Allied Industries Limited₹1,593 CrP/E 38.5ROE 21.1%
Zen Technologies Limited₹15,551 CrP/E 80.4ROE 11.5%
MILLWORKS TECHNOLOGIES LIMITED₹1,498 CrP/E 40.5ROE 44.6%
Hindustan Aeronautics Limited₹3,28,027 CrP/E 36.0ROE 22.2%Fair-value estimate →
Ask AI about Bharat Electronics LimitedChat with Intrynsic's research agent about results, risks and filings.Sign up free →Track it in your watchlistFair-value alerts, result-day briefs and portfolio analytics.Sign up free →See the full model workingsEvery assumption, per-model trace, reverse DCF and peer lens.Sign up free →

Frequently asked questions

What does Bharat Electronics Limited do?

Bharat Electronics makes radars, missiles systems and defence electronics for the Indian military. A state-owned company, it wins most orders directly from the defence ministry.

Which sector does Bharat Electronics Limited belong to?

Bharat Electronics Limited operates in the Capital Goods sector (Industrial Manufacturing industry) and is listed on the NSE as BEL.

What is Bharat Electronics Limited's latest annual revenue and profit?

For FY2017, Bharat Electronics Limited reported revenue of ₹8,656 Cr and net profit of ₹1,523 Cr. The full multi-year history is in the Financials section above.

What are Bharat Electronics Limited's EPS and return on equity?

In FY2017, Bharat Electronics Limited recorded earnings per share of ₹2.1 and a return on equity of 19.7%.

How much debt does Bharat Electronics Limited carry?

Bharat Electronics Limited reported total debt of ₹64 Cr in FY2017. See the balance-sheet trend in the Financials section for context.

Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy

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