Bharat Electronics Limited
Bharat Electronics Limited operates in Aerospace & Defense, part of the Capital Goods sector. It booked ₹7,328 cr of revenue in its latest quarter (Q2 FY27) and kept 21.0% of sales as profit. It is the 2nd largest of 9 Aerospace & Defense companies we track, by market value.
Healthier than 73% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 52
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in BEL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹7,328 cr |
| Other Income | ₹187 cr |
| Total Income | ₹7,515 cr |
| Cost of Materials | ₹3,444 cr |
| Purchases of Stock-in-Trade | ₹287 cr |
| Inventory Change (±) | ₹248 cr |
| Employee Benefit Expense | ₹767 cr |
| Finance Costs | ₹3 cr |
| Depreciation & Amortisation | ₹171 cr |
| Other Expenses | ₹541 cr |
| Total Expenses | ₹5,461 cr |
| Profit before Tax | ₹2,054 cr |
| Tax Expense | ₹523 cr |
| Share of JV / Associates | ₹9 cr |
| Net Profit | ₹1,540 cr |
| Net margin on total income | 20.5% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 10,224 cr | 5,547 cr | 7,328 cr |
| Total income | 10,335 cr | 5,717 cr | 7,515 cr |
| Expenses | 7,417 cr | 4,320 cr | 5,461 cr |
| Profit before tax | 2,917 cr | 1,396 cr | 2,054 cr |
| Tax | 703 cr | 352 cr | 523 cr |
| Net profit (owners' share) | 2,225 cr | 1,054 cr | 1,540 cr |
| Net margin (owners' share, on revenue) | 21.8% | 19.0% | 21.0% |
| EPS (₹) | 3.04 | 1.44 | 2.11 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Hindustan Aeronautics Limited | ₹4,959 | ₹3.32 L cr | 52.2 | 15.5% | 28.8% | — |
| Bharat Electronics Limitedthis company | ₹380 | ₹2.78 L cr | 45.0 | 23.5% | 21.0% | — |
| Centum Electronics Limited | ₹4,154 | ₹57,594 cr | 136.5 | 123.8% | 52.0% | — |
| Bharat Dynamics Limited | ₹1,017 | ₹37,279 cr | 78.5 | 11.2% | 20.8% | — |
| Garden Reach Shipbuilders & Engineers Limited | ₹2,131 | ₹24,411 cr | 35.3 | 26.3% | 9.5% | — |
| Data Patterns (India) Limited | ₹3,950 | ₹22,120 cr | 250.6 | 5.1% | 19.0% | — |
| AXISCADES Technologies Limited | ₹1,844 | ₹16,398 cr | — | -8.2% | -8.1% | — |
| SIGMA ADVANCED SYSTEMS LIMITED | ₹895 | ₹15,764 cr | 111.3 | 20.4% | 6.4% | — |
| Zen Technologies Limited | ₹1,711 | ₹15,445 cr | 42.9 | 18.0% | 25.9% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹0.55 / share | 13 Aug 2026 |
| Dividend | ₹1.95 / share | 6 Mar 2026 |
| Dividend | ₹0.9 / share | 14 Aug 2025 |
| Dividend | ₹1.5 / share | 11 Mar 2025 |
| Dividend | ₹0.8 / share | 14 Aug 2024 |
| Dividend | ₹0.7 / share | 22 Mar 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.