Should I buy or sell Bharat Electronics?

The average broker rating on Bharat Electronics is Buy. The breakup of analyst rating is given below - 1 analysts have given a strong sell rating 1 analysts have given a sell rating 1 analysts have given a hold rating 1 analysts have given a buy rating 2 analysts have given a strong buy rating

Is Bharat Electronics a good stock to invest in?

Bharat Electronics can be analyzed on the following key metrics - TTM P/E: 30.43 Sector P/E: 30.78 Dividend Yield: 0.82 D/E ratio: 0.00

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Business News/Market/Market Stats/ Bharat Electronics share price

Overview

Analysis

Bharat Electronics Financials

Bharat Electronics Corporate Actions

Company Profile

Bharat Electronics share price

Sector: Aerospace & Defense

Bharat Electronics is trading 0.93% upper at Rs 147.20 as compared to its last closing price. Bharat Electronics has been trading in the price range of 150.25 & 146.80. Bharat Electronics has given 46.05% in this year & 2.86% in the last 5 days.

Bharat Electronics has TTM P/E ratio 30.43 as compared to the sector P/E of 30.78.There are 21 analysts who have initiated coverage on Bharat Electronics. There are 9 analysts who have given it a strong buy rating & 9 analysts have given it a buy rating. 1 analysts have given the stock a sell rating.

The company posted a net profit of 789.35 Crores in its last quarter.

Listed peers of Bharat Electronics include Hindustan Aeronautics (3.35%), Bharat Electronics (0.93%), Bharat Dynamics (5.44%) etc.

Bharat Electronics has a 51.14% promoter holding & 48.86% public holding.The Mutual Fund holding in Bharat Electronics was at 4.04% in 30 Sep 2023. The MF holding has decreased from the last quarter. The FII holding in Bharat Electronics was at 17.19% in 30 Sep 2023. The FII holding has decreased from the last quarter.

147.20 +1.35 (0.93%)Updated : Fri 1 Dec, 2023 | 15:29:50

Bharat Electronics share price range

Today's Low

146.80

Today's High

150.25

52 Week Low

87.00

52 Week High

150.25

Bharat Electronics share Key Metrics

Market Cap ( ₹ Cr.)

1,06,649.70

Beta	0.73
Div. Yield (%)	0.82
P/B	7.69
D/E	0.00
Open Price	148.00

TTM P/E	30.43
Peg. Ratio	7.90
Sector P/E	30.78
Prev. Close	145.85

BEL share Key metrics

Bharat Electronics stock Analysis

Price Analysis

1 Week	2.86%
3 Months	9.53%
6 Month	29.23%
YTD	46.05%
1 Year	38.82%

Risk Meter

27%Balanced risk
27%Balanced risk
27%Balanced risk
27%Balanced risk
27%Balanced risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings	Current	1 W Ago	1 M Ago	3 M Ago
Strong Buy	9	9	9	11
Buy	9	9	9	11
Hold	1	1	1	0
Sell	1	1	1	0
Strong Sell	1	1	1	1
Total	21	21	21	23

Bharat Electronics Financials

INCOME
BALANCE SHEET
Cashflow

Annual

Quarterly

Period	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Total Revenue	17,734.44	15,368.18	14,108.69	12,967.67
Selling/ General/ Admin Expenses Total	3,416.21	2,838.58	2,688.08	2,931.43
Depreciation/ Amortization	428.81	401.12	387.31	371.85
Other Operating Expenses Total	320.63	233.51	168.97	117.92
Total Operating Expense	14,075.44	12,426.97	11,284.00	10,565.35
Operating Income	3,659.00	2,941.21	2,824.69	2,402.32
Net Income Before Taxes	3,922.91	3,166.24	2,941.78	2,478.40
Net Income	2,984.42	2,398.87	2,098.94	1,823.85
Diluted Normalized EPS	4.11	3.28	2.87	2.49

*All figures in crores except per share values

Detailed BEL Financials

Bharat Electronics forecast

Income Sheet (In Cr)Net Income Vs Revenue

Returns Metrics (In Cr)ROA Vs ROE

Mutual Fund Ownership

Ownership as on: Sun, 3 Dec, 2023

Invesco India PSU Equity Fund Growth

Equity

Amount Invested (Cr.)49.81

% of AUM9.93%

Canara Robeco Infrastructure Growth

3/5

Equity

Amount Invested (Cr.)25.17

% of AUM7.42%

Aditya Birla Sun Life Manufacturing Equity Fund Regular Plan Growth

Equity

Amount Invested (Cr.)49.95

% of AUM7.01%

HSBC Infrastructure Fund Growth

3/5

Equity

Amount Invested (Cr.)104.52

% of AUM5.63%

Tata Dividend Yield Fund Regular Growth

Equity

Amount Invested (Cr.)29.51

% of AUM5.10%

View All

Bharat Electronics Corporate actions

Board Meetings
AGM
Dividends
Bonus
Split
Rights

Meeting Date	Purpose
28-Oct-23	Quarterly Results
27-Jul-23	Quarterly Results
20-May-23	Audited Results & Final Dividend
17-Mar-23	Interim Dividend
28-Jan-23	Quarterly Results & Interim Dividend
27-Oct-22	Quarterly Results
04-Aug-22	Bonus issue
16-Jul-22	Quarterly Results
23-May-22	Audited Results & Final Dividend
17-Mar-22	Interim Dividend

Announcement On	Record Date	Ex-Dividend	Dividend Value
22-May-23	-	17-Aug-23	0.6
10-Mar-23	25-Mar-23	24-Mar-23	0.6
30-Jan-23	10-Feb-23	10-Feb-23	0.6
03-Mar-22	26-Mar-22	24-Mar-22	1.5
28-Jan-22	10-Feb-22	09-Feb-22	1.5
22-Jun-21	-	14-Sep-21	1.2
25-Feb-21	24-Mar-21	23-Mar-21	1.4
28-Jan-21	09-Feb-21	08-Feb-21	1.4

Announcement Date	Record Date	Ex-Bonus	Description
04-Aug-22	16-Sep-22	15-Sep-22	Bonus issue in the ratio of 2:1 of Re. 1/-.

Detailed BEL Corporate actions

Bharat Electronics Company profile

ABOUT Bharat Electronics

Industry Aerospace & Defense
ISIN INE263A01024
BSE Code 500049
NSE Code BEL

Bharat Electronics Limited is an India-based company, which manufactures and supplies electronic equipment and systems for the defense sector as well as for non-defense markets. Its defense products include navigation systems, defense communication products, land-based radars, naval systems, electronic warfare systems, avionics, electro optics, tank & armored fighting vehicle electronic systems and weapon systems, simulators and others. Its non-defense provides cyber security, e-mobility, railways, e-governance systems, homeland security, civilian radars, turnkey projects, components / devices and telecom, broadcast systems. It manufactures electronic products and systems for the army, navy and the air force. It offers electronic manufacturing services. It also offers services for the design and manufacture of optical and optoelectronic products and components operating in the UV, Visible and IR spectrum. It also manufactures a variety of super-component modules.

Bharat Electronics Management

Bhanu Srivastava Executive Chairman of the Board, Managing Director, Director of Marketing, Director (Other Units)
Damodar Bhattad Chief Financial Officer, Finance Director, Executive Director
S. Sreenivas Compliance Officer, Company Secretary
Rudhiramoorthy A General Manager - NAMU
Rajendra Aiwale General Manager - Mil. Com., BG
Ramkumar B General Manager - HR, CO
Pahuja B P General Manager - ES, BG
Prabha Goyal General Manager - PK
Ancy James General Manager - EM, BG
Anil K General Manager - EW and A, BG