Bharat Electronics (BEL.NS) Stock Price

Bharat Electronics Price

NSE·CLOSED
390.00INR-3.50 (-0.89 %)
Market closed

Over the last 19 years Bharat Electronics grew revenue by 10.3% annually, reaching 237.69 B INR. Earnings per share have grown at 12.7% per year over the last 19 years. For Bharat Electronics, the net margin of 22.4% is up versus 14.9% a few years ago. At today's price the dividend yield works out to roughly 0.62%. The payout ratio is around 33% of earnings. The consensus 12-month price target for Bharat Electronics is 510.00 INR, about 30.8% above where the stock trades today. Of 29 analysts, 23 rate the stock a buy — an overall Buy consensus. The stock trades about 7% above its 52-week low.

Bharat Electronics stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Bharat Electronics over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Bharat Electronics stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Bharat Electronics's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Bharat Electronics Stock Price History
DateBharat Electronics Price
8/5/2026390.00 INR
8/4/2026393.50 INR
7/31/2026387.85 INR
7/30/2026383.70 INR
7/29/2026387.55 INR
7/28/2026393.50 INR
7/27/2026407.15 INR
7/24/2026405.00 INR
7/23/2026403.20 INR
7/22/2026406.75 INR
7/21/2026410.05 INR
7/20/2026408.15 INR
7/17/2026409.45 INR
7/16/2026407.10 INR
7/15/2026410.95 INR
7/14/2026410.10 INR
7/13/2026410.80 INR
7/10/2026414.85 INR
7/9/2026406.20 INR
7/8/2026407.60 INR
7/7/2026419.15 INR
7/6/2026425.55 INR
7/3/2026418.35 INR
7/2/2026415.05 INR
7/1/2026416.25 INR
6/30/2026411.80 INR
6/29/2026411.60 INR
6/25/2026407.20 INR
6/24/2026413.55 INR
6/23/2026420.00 INR
6/22/2026431.50 INR
6/19/2026426.90 INR
6/18/2026428.60 INR
6/17/2026419.85 INR
6/16/2026407.55 INR
6/15/2026406.30 INR
6/12/2026406.50 INR
6/11/2026402.30 INR
6/10/2026412.10 INR
6/9/2026412.05 INR
6/8/2026412.95 INR
6/5/2026408.20 INR
6/4/2026409.90 INR
6/3/2026406.60 INR
6/2/2026407.85 INR
6/1/2026407.20 INR
5/29/2026410.75 INR
5/27/2026419.10 INR
5/26/2026420.10 INR
5/25/2026421.85 INR
5/22/2026416.55 INR
5/21/2026420.40 INR
5/20/2026414.95 INR
5/19/2026422.95 INR
5/18/2026426.60 INR
5/15/2026423.65 INR
5/14/2026428.85 INR
5/13/2026428.25 INR
5/12/2026416.50 INR
5/11/2026431.95 INR
5/8/2026439.70 INR
5/7/2026439.45 INR
5/6/2026438.20 INR
5/5/2026433.35 INR
5/4/2026433.55 INR
5/1/2026431.30 INR
4/30/2026431.30 INR
4/29/2026437.55 INR
4/28/2026435.75 INR
4/27/2026435.60 INR
4/24/2026444.45 INR
4/23/2026449.95 INR
4/22/2026448.70 INR
4/21/2026451.50 INR
4/20/2026457.55 INR
4/17/2026462.75 INR
4/16/2026455.65 INR
4/15/2026447.65 INR
4/13/2026441.55 INR
4/10/2026442.45 INR
4/9/2026439.75 INR
4/8/2026433.10 INR
4/7/2026427.80 INR
4/6/2026427.15 INR
4/2/2026421.60 INR
4/1/2026420.00 INR
3/30/2026401.60 INR
3/27/2026404.75 INR
3/25/2026413.30 INR
3/24/2026415.00 INR
3/23/2026405.20 INR
3/20/2026426.75 INR
3/19/2026430.80 INR
3/18/2026442.00 INR
3/17/2026440.95 INR
3/16/2026428.50 INR
3/13/2026439.00 INR
3/12/2026453.90 INR
3/11/2026454.00 INR
3/10/2026463.95 INR
3/9/2026456.15 INR
3/6/2026469.60 INR
3/5/2026462.00 INR
2/26/2026449.30 INR
2/25/2026439.25 INR
2/24/2026435.15 INR
2/23/2026439.80 INR
2/20/2026441.00 INR
2/19/2026435.00 INR
2/18/2026446.90 INR
2/17/2026446.65 INR
2/16/2026437.85 INR
2/13/2026435.00 INR
2/12/2026444.00 INR
2/11/2026437.55 INR
2/10/2026437.30 INR
2/9/2026437.00 INR
2/6/2026430.00 INR
2/5/2026432.50 INR
2/4/2026439.20 INR
2/3/2026438.40 INR
2/2/2026440.80 INR
1/30/2026449.25 INR
1/29/2026445.25 INR
1/28/2026454.25 INR
1/27/2026417.70 INR
1/23/2026412.40 INR
1/22/2026417.80 INR
1/21/2026403.20 INR
1/20/2026409.00 INR
1/19/2026412.70 INR
1/16/2026410.60 INR
1/14/2026417.55 INR
1/13/2026413.35 INR
1/12/2026417.60 INR
1/9/2026417.95 INR
1/8/2026415.65 INR
1/7/2026415.60 INR
1/6/2026412.80 INR
1/5/2026413.35 INR
1/2/2026403.30 INR
1/1/2026397.70 INR
12/31/2025399.20 INR
12/30/2025395.95 INR
12/29/2025393.55 INR
12/26/2025398.30 INR
12/24/2025399.55 INR
12/23/2025399.25 INR
12/22/2025398.80 INR
12/19/2025392.85 INR
12/18/2025383.05 INR
12/17/2025385.60 INR
12/16/2025387.30 INR
12/15/2025390.75 INR
12/12/2025389.45 INR
12/11/2025388.20 INR
12/10/2025386.90 INR
12/9/2025389.45 INR
12/8/2025386.90 INR
12/5/2025406.70 INR
12/4/2025407.15 INR
12/3/2025404.65 INR
12/2/2025413.10 INR
12/1/2025417.00 INR
11/28/2025411.75 INR
11/27/2025413.35 INR
11/26/2025415.30 INR
11/25/2025410.20 INR
11/24/2025402.90 INR
11/21/2025417.20 INR
11/20/2025423.50 INR
11/19/2025423.25 INR
11/18/2025421.60 INR
11/17/2025424.90 INR
11/14/2025426.50 INR
11/13/2025420.20 INR
11/12/2025423.40 INR
11/11/2025426.80 INR
11/10/2025416.90 INR
11/7/2025414.40 INR
11/6/2025408.80 INR
11/4/2025415.75 INR
11/3/2025422.20 INR
10/31/2025426.20 INR
10/30/2025409.90 INR
10/29/2025407.60 INR
10/28/2025413.85 INR
10/27/2025415.15 INR
10/24/2025422.40 INR
10/23/2025418.40 INR
10/21/2025417.00 INR
10/20/2025416.50 INR
10/17/2025412.90 INR
10/16/2025412.00 INR
10/15/2025408.35 INR
10/14/2025402.15 INR
10/13/2025409.40 INR
10/10/2025412.15 INR
10/9/2025409.90 INR
10/8/2025403.60 INR
10/7/2025410.70 INR
10/6/2025413.05 INR
10/3/2025412.70 INR
10/1/2025406.50 INR
9/30/2025403.80 INR
9/29/2025399.95 INR
9/26/2025395.90 INR
9/25/2025403.15 INR
9/24/2025395.70 INR
9/23/2025404.45 INR
9/22/2025406.40 INR
9/19/2025408.90 INR
9/18/2025409.90 INR
9/17/2025411.80 INR
9/16/2025402.90 INR
9/15/2025398.10 INR
9/12/2025399.45 INR
9/11/2025386.00 INR
9/10/2025389.00 INR
9/9/2025371.95 INR
9/8/2025372.20 INR
9/5/2025371.70 INR
9/4/2025372.95 INR
9/3/2025378.95 INR
9/2/2025377.25 INR
9/1/2025373.90 INR
8/29/2025369.40 INR
8/28/2025363.30 INR
8/26/2025367.00 INR
8/25/2025372.30 INR
8/22/2025375.15 INR
8/21/2025374.20 INR
8/20/2025371.80 INR
8/19/2025380.05 INR
8/18/2025382.70 INR
8/14/2025384.70 INR
8/13/2025388.85 INR
8/12/2025380.25 INR
8/11/2025383.70 INR
8/8/2025384.40 INR
8/7/2025388.25 INR
8/6/2025389.30 INR
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Bharat Electronics Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
177.34 B INR
36.84 B INR
29.84 B INR
Jan 1, 2024
202.68 B INR
47.01 B INR
39.85 B INR
Jan 1, 2025
237.69 B INR
63.69 B INR
53.21 B INR
Jan 1, 2026 (e)
275.62 B INR
65.73 B INR
60.41 B INR
Jan 1, 2027 (e)
318.97 B INR
76.06 B INR
70.54 B INR
Jan 1, 2028 (e)
372.14 B INR
88.74 B INR
83.02 B INR
Jan 1, 2029 (e)
426.74 B INR
101.76 B INR
94.89 B INR
Jan 1, 2030 (e)
510.77 B INR
121.80 B INR
118.42 B INR

Bharat Electronics Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 5:02 AM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITB INR
EBIT MARGIN%
NET INCOMEB INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESB
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
70.9377.2992.21104.85121.64129.68141.09153.68177.34202.68237.69275.62318.97372.14426.74510.77
8.828.9819.3013.7116.016.618.808.9315.4014.2917.2715.9615.7216.6714.6719.69
43.4744.7945.4846.0950.6744.9143.0241.7444.2647.5248.4648.4648.4648.4648.4648.46
30.8434.6241.9448.3261.6458.2460.7064.1478.5096.31115.18133.56154.57180.33206.79247.51
10.0911.9915.7617.6925.8824.0228.2629.4136.8447.0163.6965.7376.0688.74101.76121.80
14.2315.5117.1016.8821.2818.5320.0319.1420.7723.2026.8023.8523.8523.8523.8523.85
11.9713.3715.2414.3218.8618.2420.9923.9929.8439.8553.2160.4170.5483.0294.89118.42
25.8511.7113.92-6.0331.76-3.3115.0814.2924.4133.5133.5513.5216.7717.7014.2924.79
29.2017.004.951.283.402.074.004.501.802.203.454.805.766.91––
25.32-41.78-70.88-74.14165.63-39.1293.2412.50-60.0022.2256.8239.1320.0019.97––
7.927.927.707.377.317.317.317.317.317.317.317.317.317.317.317.31
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Bharat Electronics generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Bharat Electronics retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Bharat Electronics's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Bharat Electronics has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Bharat Electronics's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Bharat Electronics stock margins

The Bharat Electronics margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Bharat Electronics. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Bharat Electronics.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
43.02 %
20.03 %
14.88 %
Jan 1, 2022
41.74 %
19.14 %
15.61 %
Jan 1, 2023
44.26 %
20.77 %
16.83 %
Jan 1, 2024
47.52 %
23.20 %
19.66 %
Jan 1, 2025
48.46 %
26.80 %
22.39 %
Jan 1, 2026 (e)
48.46 %
23.85 %
21.92 %
Jan 1, 2027 (e)
48.46 %
23.85 %
22.11 %
Jan 1, 2028 (e)
48.46 %
23.85 %
22.31 %

Bharat Electronics Stock Revenue, EBIT, Earnings per Share

The Bharat Electronics earnings per share therefore indicates how much revenue Bharat Electronics has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
19.30 INR
3.87 INR
2.87 INR
Jan 1, 2022
21.02 INR
4.02 INR
3.28 INR
Jan 1, 2023
24.26 INR
5.04 INR
4.08 INR
Jan 1, 2024
27.73 INR
6.43 INR
5.45 INR
Jan 1, 2025
32.52 INR
8.71 INR
7.28 INR
Jan 1, 2026 (e)
37.71 INR
8.99 INR
8.26 INR
Jan 1, 2027 (e)
43.64 INR
10.41 INR
9.65 INR
Jan 1, 2028 (e)
50.91 INR
12.14 INR
11.36 INR

Bharat Electronics business model & stock analysis

Bharat Electronics Ltd. is an Indian company that was founded in 1954 and is headquartered in Bangalore. The company operates in the field of electronics and offers products and services for the defense, aerospace, telecommunications, and security industries. The history of Bharat Electronics Ltd. is closely connected to the history of India itself. The company was established to secure the country's future by enhancing its technological capabilities. It started as a pioneer company to promote the electronics industry in India and today has a wide range of products and solutions. The business model of Bharat Electronics Ltd. is based on several pillars. It provides top-notch products and services for the defense and aerospace industries. The company is committed to strengthening the defense sector of the country and ensuring high integrity and accountability in all its activities. In addition, the company also offers solutions for the telecommunications industry, with a focus on providing innovative technologies and services for modern telecommunications needs. The company is also active in the security sector, providing high-quality security solutions to ensure high safety for customers and users. Bharat Electronics Ltd. operates in various sectors and offers a wide range of products and solutions. The key sectors include the defense, aerospace, telecommunications, and security industries. In the defense industry, Bharat Electronics Ltd. offers a wide range of products, from radars, weapon systems, and combat management solutions to naval weapon systems. The company is a major supplier to India's defense industry and also has international customers. In the aerospace industry, Bharat Electronics Ltd. offers various products, including avionics systems, air traffic control systems, air defense systems, and air surveillance systems. The company also collaborates with international organizations and airlines. In the telecommunications sector, the company offers various services and products, including wireless communication technologies and satellite communication systems. These products are used for a variety of applications, including military and civilian communication. In the field of security technology, Bharat Electronics Ltd. develops a variety of products that can be used in public and private security systems. These products include video surveillance, access controls, alarms, and other products for the protection of public buildings, businesses, and institutions. Bharat Electronics Ltd. is a key player in the Indian electronics industry and works closely with the government and military to strengthen the country's security and technological capabilities. The company prides itself on providing top-notch products and services and serving its customers with high quality, reliability, and accountability.

Bharat Electronics SWOT Analysis

Strengths

Bharat Electronics Ltd (BEL) possesses several strengths that contribute to its competitive advantage in the market:

  • Leading Position: BEL is one of India's leading defense electronics companies with a strong market presence.
  • Technological Expertise: The company has a robust R&D division, enabling it to develop cutting-edge technology products.
  • Product Diversification: BEL offers a wide range of products and solutions across various segments, reducing dependence on a single product line.
  • Established Infrastructure: BEL has a well-developed manufacturing and testing infrastructure, enabling efficient production and quality control.
  • Government Support: As a government-owned enterprise, BEL receives support and contracts from the Indian defense sector.

Weaknesses

Despite its strengths, BEL also faces certain weaknesses that can hinder its growth and competitiveness:

  • Dependency on Government Contracts: The company relies heavily on government defense contracts, making it susceptible to changes in government policies and budget constraints.
  • Slow Decision-Making: The bureaucratic structure of a government-owned organization often leads to slower decision-making processes.
  • Intense Competition: The defense electronics industry is highly competitive, with both domestic and international players vying for contracts.
  • Limited International Presence: While BEL has a strong presence in the domestic market, its international footprint is relatively limited.

Opportunities

BEL can leverage the following opportunities to enhance its business prospects:

  • Rising Defense Budget: The Indian government's increased defense expenditure presents opportunities for BEL to secure more contracts.
  • Joint Ventures and Collaborations: Forming strategic alliances and partnerships with international companies can help BEL expand its global presence and access new technologies.
  • Emerging Technologies: Rapid advancements in areas such as artificial intelligence, cybersecurity, and space technology provide opportunities for BEL to diversify its product portfolio.
  • Government Initiatives: The Make in India initiative and the promotion of indigenous manufacturing in the defense sector can support BEL's growth.

Threats

BEL faces potential threats that could impact its business operations and market position:

  • Political and Geopolitical Uncertainties: Changes in government policies, international relations, and geopolitical factors can disrupt defense contracts and impact BEL's performance.
  • Technological Obsolescence: Given the rapid pace of technological advancements, BEL needs to stay ahead of the curve and continually upgrade its offerings to avoid obsolescence.
  • Price Competition: Intense price competition in the defense industry can impact BEL's profit margins and put pressure on pricing strategies.
  • Supply Chain Disruptions: Dependence on a complex network of suppliers exposes BEL to risks associated with supply chain disruptions.

Bharat Electronics Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Bharat Electronics historical P/E ratio, EBIT multiple, and P/S ratio

Bharat Electronics annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Bharat Electronics shares outstanding

The number of shares of Bharat Electronics was 7.31 B in 2025. This indicates how many shares Bharat Electronics is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
7.31 B Stocks
Jan 1, 2022
7.31 B Stocks
Jan 1, 2023
7.31 B Stocks
Jan 1, 2024
7.31 B Stocks
Jan 1, 2025
7.31 B Stocks
Jan 1, 2026 (e)
7.31 B Stocks
Jan 1, 2027 (e)
7.31 B Stocks
Jan 1, 2028 (e)
7.31 B Stocks

Bharat Electronics stock splits

In Bharat Electronics's history, there have been no stock splits.

Bharat Electronics Dividend History

30 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20263.90INRYTD—2×
Mar 5, 20261.95INR↑ 116.7%1/2
Mar 6, 20261.95INR 0.0%2/2
20252.40INR↑ 9.1%2×
Mar 11, 20251.50INR↑ 87.5%1/2
Aug 14, 20250.90INR↓ 40.0%2/2
20242.20INR↑ 22.2%3×
20231.80INR↓ 60.0%3×
20224.50INR↑ 12.5%3×
20214.00INR↑ 42.9%3×
20202.80INR↓ 17.6%2×
20193.40INR↑ 70.0%4×
20182.00INR↓ 59.6%2×
20174.95INR↓ 70.9%3×

Bharat Electronics dividend history and estimates

In 2025, Bharat Electronics paid a dividend amounting to 2.40 INR. Dividend means that Bharat Electronics distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
4.00 INR
0.00 INR
0.00 INR
Jan 1, 2022
4.50 INR
0.00 INR
0.00 INR
Jan 1, 2023
1.80 INR
0.00 INR
0.60 INR
Jan 1, 2024
2.20 INR
0.00 INR
0.00 INR
Jan 1, 2025 (e)
2.40 INR
1.05 INR
0.00 INR
Jan 1, 2026
4.80 INR
0.00 INR
0.00 INR
Jan 1, 2027 (e)
0.00 INR
5.76 INR
0.00 INR
Jan 1, 2028 (e)
0.00 INR
6.91 INR
0.00 INR

Bharat Electronics dividend payout ratio

In 2025, Bharat Electronics had a payout ratio of 32.97%. The payout ratio indicates the percentage of the company's profits that Bharat Electronics distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
46.46 %
Jan 1, 2022
45.73 %
Jan 1, 2023
44.09 %
Jan 1, 2024
40.36 %
Jan 1, 2025
32.97 %
Jan 1, 2026 (e)
58.09 %
Jan 1, 2027 (e)
59.69 %
Jan 1, 2028 (e)
60.86 %

Current Bharat Electronics forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
79.31 % (23)
Hold
6.90 % (2)
Sell
13.79 % (4)
12M Price Target
510.00
Last Price
390.00
Currency
INR
12M Return Potential
30.77 %
LTM Return
0 %

Bharat Electronics Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/18/20242.02INR-72.90 BINR-2024 Q4
1/26/20241.11INR-53.34 BINR-2024 Q3

EESG©

Eulerpool ESG Scorecard© for the Bharat Electronics stock

70/100
99
Environment
97
Social
13
Governance
E

Environment

20
Scope 1 - Direct Emissions8,930.7
Scope 2 - Indirect emissions from purchased energy25,572.5
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions34,503.2
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees22.475
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Bharat Electronics shareholder structure

% Name
51.13591%
Government of India
Government of India
2.43841%
Kotak Mahindra Asset Management Company Limited
Kotak Mahindra Asset Management Company Limited
2.41047%
Nippon Life India Asset Management Limited
Nippon Life India Asset Management Limited
2.05965%
NPS Trust
NPS Trust
1.91629%
SBI Funds Management Pvt. Ltd.
SBI Funds Management Pvt. Ltd.
1.67668%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
...

Bharat Electronics Beneficial Ownership Filings (SEC 13D/G)

Free Float
47.9%
Float Shares
-
Shares Outstanding
-

Bharat Electronics Executives and Management Board

13 members · avg. age 56 · 8 % women

MJ

Mr. Manoj Jain (56)

Executive Chairman of the Board, Managing Director

10.02 M INR

Management

SB

Shri. Damodar Bhattad

Chief Financial Officer, Director - Finance, Whole Time Director

8.36 M INR
SS

Mr. Sripada Sreenivas

Compliance Officer, Company Secretary

3.00 M INR

Board of Directors

VN

Mr. Vikraman Nagarajan (59)

Director - Human Resources, Whole-Time Director

8.42 M INR
SK

Shri. Kaipa Venkata Suresh Kumar

Director - Marketing, Whole Time Director · since 2023

8.20 M INR
SS

Shri. Rajnish Sharma (56)

Director - Bangalore Complex, Whole Time Director · since 2024

6.28 M INR
SK

Shri. Kamesh Kasana (53)

Director - Other Units, Whole Time Director · since 2025

–
SN

Shri. Harikumar Nair (58)

Director - Research & Development, Whole Time Director · since 2025

–
MM

Ms. Meera Mohanty (48)

Part-Time Official Government Nominee Director

–

Frequently asked questions about Bharat Electronics

The business model of Bharat Electronics Ltd (BEL) revolves around being a leading defense electronics company in India. BEL primarily engages in the design, development, manufacture, and supply of a wide range of defense electronic products. The company's offerings encompass radar systems, communication systems, electro-optics, electronic warfare systems, and more. BEL's business model focuses on catering to the defense needs of the nation, including the Indian armed forces and other defense organizations. With a strong emphasis on research and development, BEL aims to create cutting-edge technology solutions to enhance national security.

Bharat Electronics Ltd is primarily active in the defense electronics industry.

The main competitors of Bharat Electronics Ltd in the market include Hindustan Aeronautics Limited (HAL), Larsen & Toubro Limited (L&T), and Tata Power Company Limited.

Bharat Electronics Ltd (BEL) is a renowned Indian defense company with a rich history and background. Established in 1954, BEL is a Government of India enterprise specializing in electronics manufacturing. Over the years, the company has achieved significant growth and emerged as a leading global player in defense electronics. With a wide range of products and services encompassing defense communication, radars, naval systems, avionics, electronic warfare systems, and more, BEL has been at the forefront of serving the Indian Armed Forces. With a strong emphasis on research and development, BEL has consistently delivered cutting-edge solutions and has earned a stellar reputation for its contribution to the country's defense capabilities.

Some significant milestones achieved by Bharat Electronics Ltd include its establishment in 1954 as a defense electronics company under the Ministry of Defence, India, and becoming a Navratna PSU in 1997. The company has contributed to the Indian defense industry by successfully manufacturing a wide range of products, including radars, communication equipment, sonars, electronic warfare systems, and more. Bharat Electronics Ltd has achieved self-reliance through indigenous development and technology absorption, with notable accomplishments like the production of electronic voting machines (EVMs) for elections in India. Throughout its history, the company has continuously grown its product portfolio, expanding its capabilities in defense electronics and serving the nation's security needs.

Bharat Electronics Ltd is primarily present in India.

Bharat Electronics Ltd represents a set of core values and a strong corporate philosophy. As a leading Indian defense electronics company, Bharat Electronics Ltd is committed to delivering high-quality, innovative, and reliable solutions to meet the diverse requirements of the defense sector. Their philosophy is centered around integrity, customer focus, excellence, teamwork, and social responsibility. With a legacy of over six decades, Bharat Electronics Ltd strives to contribute significantly to the country's defense preparedness by consistently maintaining the highest standards of ethics and professionalism. The company's commitment to these values has earned them a reputation as a trusted and dependable partner in the defense industry.

Analysts currently set an average price target of 490.21 INR for the Bharat Electronics stock (median: 510.00 INR), implying +25.7 % versus the latest price. The consensus is based on 29 analyst ratings.

Bharat Electronics Analyst Price Targets 2026

29 analysts currently rate the Bharat Electronics stock: 23 recommend buying, 2 holding and 4 selling. For 2026, analysts expect Bharat Electronics to generate revenue of 275.62 B INR and earnings per share of 8.26 INR.

Bharat Electronics Analyst Price Targets 2026

Converted at the current exchange rate, the Bharat Electronics share trades at 3.55 EUR (390.00 INR).

Bharat Electronics Limited (BEL) is a state-owned company in India that operates in the defense electronics and other strategic sectors. The company was founded in 1954 and is headquartered in Bangalore, India. It is a leading manufacturer of electronic components and systems for various applications. The company offers a wide range of products and services for the defense, security, aerospace, aviation, radio, and telecommunications industries. It supplies the Indian armed forces, other government agencies, and private companies. In the Defense Communication sector, BEL provides solutions for tactical radio communication. This includes products such as military radios, walkie-talkies, and data communication devices. Another important division is the production of radar systems used in aviation, maritime, and defense. BEL also develops, manufactures, and distributes electronic warfare systems that serve the deception and suppression of enemy electronic systems. Another important division of BEL is the production of avionics systems and equipment. Avionics systems include all electronic components and systems used in aircraft, from flight control to communication and navigation. BEL is able to provide both standard and customized products and solutions for different types of aircraft. In the Electronic Warfare division, BEL develops solutions that help disrupt enemy radar, communications, and reconnaissance activities. This includes the development of electronic jamming devices that allow for the localization and suppression of enemy systems. The company is also increasingly engaged in the production and development of products in the renewable energy sector. This includes solar and wind energy systems that the company manufactures and installs in India. Overall, BEL's business model is focused on the development, manufacturing, and sale of electronic systems and components that can be used in several strategic sectors. The company aims to meet customer needs by developing new products and services and offering secure and reliable solutions. In addition, BEL relies on close collaboration with Indian and foreign companies to maintain and improve its competitiveness. The company employs a large number of engineers and technicians who are involved in the development and research of new products and solutions. Conclusion: Bharat Electronics Limited is an important company in India operating in several strategic sectors. The production of electronic components and systems is the core business of the company, which focuses on meeting the needs of its customers by offering secure and reliable solutions. BEL is also increasingly engaged in the production of renewable energies that can be used in India and other countries.

The expected revenue of Bharat Electronics is 275.62 B INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Bharat Electronics is 60.41 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Bharat Electronics is currently 47.19. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Bharat Electronics stock.

The price-to-sales ratio (P/S) of Bharat Electronics is currently 10.34. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Bharat Electronics stock.

The Eulerpool Quality Score for Bharat Electronics is 8/10.

The ISIN of Bharat Electronics is INE263A01024. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Bharat Electronics is BEL.NS. The ticker symbol is used to trade Bharat Electronics shares on the stock exchange.

Over the past 12 months, Bharat Electronics paid a dividend of 2.40 INR . This corresponds to a dividend yield of about 0.62 %. For the coming 12 months, Bharat Electronics is expected to pay a dividend of 5.76 INR.

The current dividend yield of Bharat Electronics is 0.62 %.

Bharat Electronics pays a dividend, distributed in the months of , , , .

Bharat Electronics paid dividends every year for the past 29 years.

For the upcoming 12 months, dividends amounting to 5.76 INR are expected. This corresponds to a dividend yield of 1.46 %.

Bharat Electronics is assigned to the 'Industry' sector.

To receive the latest dividend of Bharat Electronics from amounting to 1.95 INR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Bharat Electronics distributed 2 INR as dividends.

The dividends of Bharat Electronics are distributed in INR.

All fundamentals and in-depth analysis of Bharat Electronics

Our stock analysis for Bharat Electronics stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bharat Electronics. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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