Bharat Electronics Ltd.
NSE: BEL · Aerospace & Defense
Snapshot
Unlock Bharat Electronics Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Bharat Electronics Limited (BEL) is a premier Indian public sector enterprise that designs, manufactures, and supplies advanced electronic equipment and systems for defense and civilian applications. Its portfolio spans radar, weapon systems, electronic warfare, and avionics, alongside non-defense solutions like e-governance and homeland security.
Business Model
The company generates revenue through the design, development, and manufacturing of high-technology electronic systems and components, supported by long-term defense contracts and civilian infrastructure projects. It also provides specialized electronic manufacturing services, software solutions, and security consulting.
Growth Outlook
Growth is driven by the increasing indigenisation of defense procurement in India and the expansion into emerging civilian sectors such as EV charging infrastructure and cyber security. The company continues to leverage its technical expertise to secure strategic contracts in both domestic and international markets.
Key Risks
- Geopolitical Dependency. The company's revenue is heavily reliant on government defense budgets and policy shifts regarding domestic procurement.
- Technological Obsolescence. Rapid advancements in electronic warfare and defense technology require continuous and significant investment in research and development to remain competitive.
- Supply Chain Vulnerability. Dependence on imported critical components and raw materials may expose the company to global supply chain disruptions and price volatility.
- Project Execution Risk. Delays in the execution of complex, large-scale defense projects can lead to cost overruns and impact the company's financial performance.
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Key Metrics
REVENUE
₹28,717 Cr
TTM · consolidated
NET PROFIT
₹6,148 Cr
TTM · consolidated
EPS
₹8.40
TTM · consolidated
RETURN ON EQUITY
28.0%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
35.3%
TTM · consolidated
P/E
48.3x
Q1 FY27 · consolidated
EV/EBITDA
33.6x
Q1 FY27 · consolidated
EBITDA MARGIN
30.5%
TTM · consolidated
NET PROFIT MARGIN
19.0%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Aerospace & Defense
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Bharat Electronics Ltd.BEL | ₹2.96L Cr | 48.26 | 33.56 | 19.8% | 30.5% | 28.0% | 35.3% | +8.8% |
Hindustan Aeronautics Ltd.HAL | ₹3.25L Cr | 34.84 | 23.15 | 7.4% | 41.0% | 24.5% | 16.5% | +9.4% |
Bharat Dynamics Ltd.BDL | ₹46,004 Cr | 150.84 | 56.98 | -18.7% | 28.6% | 12.6% | 9.3% | -12.3% |
Garden Reach Shipbuilders & Engineers Ltd.GRSE | ₹29,018 Cr | 36.24 | 25.57 | 39.6% | 15.1% | 34.0% | 43.5% | +5.3% |
Data Patterns (India) Ltd.DATAPATTNS | ₹25,669 Cr | 95.80 | 64.35 | 33.8% | 42.3% | 16.5% | 22.2% | +87.7% |
MTAR Technologies LimitedMTARTECH | ₹22,027 Cr | 165.04 | 86.73 | 53.4% | 23.9% | 17.2% | 23.5% | +406.4% |
As of Q1 FY27
Financials
Bharat Electronics Ltd.
NSE: BEL · Aerospace & Defense
Snapshot
Unlock Bharat Electronics Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Bharat Electronics Limited (BEL) is a premier Indian public sector enterprise that designs, manufactures, and supplies advanced electronic equipment and systems for defense and civilian applications. Its portfolio spans radar, weapon systems, electronic warfare, and avionics, alongside non-defense solutions like e-governance and homeland security.
Business Model
The company generates revenue through the design, development, and manufacturing of high-technology electronic systems and components, supported by long-term defense contracts and civilian infrastructure projects. It also provides specialized electronic manufacturing services, software solutions, and security consulting.
Growth Outlook
Growth is driven by the increasing indigenisation of defense procurement in India and the expansion into emerging civilian sectors such as EV charging infrastructure and cyber security. The company continues to leverage its technical expertise to secure strategic contracts in both domestic and international markets.
Key Risks
- Geopolitical Dependency. The company's revenue is heavily reliant on government defense budgets and policy shifts regarding domestic procurement.
- Technological Obsolescence. Rapid advancements in electronic warfare and defense technology require continuous and significant investment in research and development to remain competitive.
- Supply Chain Vulnerability. Dependence on imported critical components and raw materials may expose the company to global supply chain disruptions and price volatility.
- Project Execution Risk. Delays in the execution of complex, large-scale defense projects can lead to cost overruns and impact the company's financial performance.
Start your research today
Unlock AI insights, financials, peers and live data on Bharat Electronics Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹28,717 Cr
TTM · consolidated
NET PROFIT
₹6,148 Cr
TTM · consolidated
EPS
₹8.40
TTM · consolidated
RETURN ON EQUITY
28.0%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
35.3%
TTM · consolidated
P/E
48.3x
Q1 FY27 · consolidated
EV/EBITDA
33.6x
Q1 FY27 · consolidated
EBITDA MARGIN
30.5%
TTM · consolidated
NET PROFIT MARGIN
19.0%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Aerospace & Defense
As of Q1 FY27