Bharat Electronics Ltd (BEL)
Capital Goods · Aerospace & Defence · NSE · Updated 1 October 2026
₹389.85↓ 4.11% (1Y)
🎯 Key Takeaways
- Revenue declined 45.7% QoQ to ₹5,547 in Q1FY27.
- Market Cap
- ₹2.85 L Cr
- P/E Ratio
- 46.4
- P/B Ratio
- 11.88
- ROE
- 25.6%
- ROCE
- 34.1%
- Debt/Equity
- 0.00
- Div Yield
- 0.64%
- Promoter
- 51.1%
📊 Quarterly Results (₹ Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 4,440 | 5,792 | 7,154 | 10,224 | 5,547 |
| Operating Profit | 1,117 | 1,576 | 1,992 | 2,809 | 1,228 |
| OPM % | 25.2% | 27.2% | 27.8% | 27.5% | 22.1% |
| Net Profit | 961 | 1,278 | 1,570 | 2,214 | 1,044 |
| EPS | ₹1.33 | ₹1.76 | ₹2.16 | ₹3.04 | ₹1.44 |
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 731 | 731 | 731 | 731 |
| Reserves | 19,243 | 16,929 | 23,257 | 20,836 |
| Borrowings | 61 | 61 | 0 | 59 |
| Total Liabilities | 40,832 | 39,806 | 44,538 | 42,925 |
| Fixed Assets | 3,205 | 2,777 | 4,366 | 3,255 |
| Investments | 743 | 728 | 800 | 779 |
| Total Assets | 40,832 | 39,806 | 44,538 | 42,925 |
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 | Mar 2026 |
|---|---|---|
| Operating | +587 | +1,541 |
| Investing | +617 | +1,730 |
| Financing | -1,696 | -2,097 |
| Net Cash Flow | -493 | +1,175 |
👥 Shareholding Pattern
| Category | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 51.1% | 51.1% | 51.1% | 51.1% | 51.1% | 51.1% | 51.1% | 51.1% |
| FII | 17.3% | 17.4% | 17.6% | 18.6% | 18.1% | 18.5% | 19.5% | 18.0% |
| DII | 20.2% | 20.9% | 20.9% | 20.6% | 20.9% | 20.5% | 20.0% | 21.0% |
| Public | 10.3% | 9.5% | 9.3% | 8.6% | 8.5% | 8.6% | 8.1% | 8.5% |
| # Shareholders | 27,72,002 | 26,53,676 | 26,78,435 | 25,42,378 | 24,98,588 | 25,43,622 | 25,30,896 | 26,04,298 |
⚖️ Peer Comparison — Aerospace & Defence
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| HAL | 3.11 L Cr | 33.4 | 30.3% | — | 0.00 |
| BEL | 2.85 L Cr | 46.4 | 34.1% | — | 0.00 |
| SOLARINDS | 1.77 L Cr | 88.6 | 38.0% | — | 0.23 |
| MAZDOCK | 85,081 | 29.8 | 35.3% | — | 0.05 |
| BDL | 40,654 | 78.0 | 16.8% | — | 0.00 |
| COCHINSHIP | 34,595 | 50.9 | 15.2% | — | 0.19 |
| GRSE | 25,009 | 31.2 | 52.1% | — | 0.00 |
| DATAPATTNS | 24,003 | 89.6 | 220.2% | — | 0.34 |
| MTARTECH | 23,886 | 179.0 | 18.3% | — | 0.45 |
| ITI | 23,749 | 90.0 | 16.4% | — | 0.95 |
🔗 Peer Stock Analyses
📋 Recent Filings
- 🔴 Announcement2026-09-30Bharat Electronics Limited announced that CARE Ratings assigned an ESG rating of 77.7, reflecting its environmental, social, and governance performanc…
- Announcement2026-09-28Bharat Electronics Limited announced the closure of its insider trading window effective October 1, 2026, until 48 hours after the board announces qua…
- 🔴 Announcement2026-09-17Bharat Electronics announced it has received new orders worth Rs 648 crore, adding to previous contracts disclosed on August 26, 2026, bringing total …
- 🔴 Announcement2026-09-11Bharat Electronics Limited announced the appointment of Rao & Emmar Chartered Accountants as its statutory auditor for the financial year 2026-27, eff…
- 🔴 Corporate Action2026-09-08Bharat Electronics announced a final dividend of ₹0.55 per share, representing 55% of face value, to be paid on 09.09.2026 to eligible shareholders as…
- 🟡 voting results2026-08-28Bharat Electronics held its 72nd AGM on 28 August 2026 via video conferencing, with all resolutions passed by the requisite majority. The Scrutinizer …
- 🟡 Board Meeting2026-08-28Bharat Electronics held its 72nd AGM on 28 August 2026 via video conference, confirming the audited FY2025-26 financial statements, declaring an inter…
- Announcement2026-08-26Bharat Electronics Limited announced it has secured new orders worth Rs 730 crore, building on previous disclosures from early August 2026. The press …
- 🔴 Announcement2026-08-18Bharat Electronics Limited announced the appointment of Shri Partha Pratim Pathak as an Independent Director on its board, effective 18th August 2026,…
- 🟡 Board Meeting2026-08-18BEL shareholders will vote remotely from 24-27 August 2026 on the AGM's appointment of Ambrish Tripathi and Anoop Kumar Rai as directors, with the boa…
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-10-01.
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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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