ShareMarket
Current Price
₹ 420
Live Data

About Company

Incorporated in 1954, Bharat Electronics Ltd manufactures and supplies electronic equipment and systems to the defence sector. Company also has a limited presence in the civilian market[1]

Financial Ratios

Key fundamental data analysis

Market Cap
₹ 3,07,229 Cr.
Current Price
₹ 420
High / Low
₹ 473 / 361
Stock P/E
50.7
Book Value
₹ 32.8
Dividend Yield
0.57 %
ROCE
36.5 %
ROE
27.6 %
Face Value
₹ 1.00

Analysis

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 23.6% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.8%
  • Company has been maintaining a healthy dividend payout of 34.5%

Cons

  • Stock is trading at 12.8 times its book value
  • Company has high debtors of 170 days.
  • Working capital days have increased from 79.4 days to 135 days

Quarterly Results

MetricsMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales64793533400941628564424446055771915044405792715410224
Expenses4647286029953090627732953205410163343201409050277243
Operating Profit18326731014107222879481400166928161238170221272982
OPM %28192526272230293128293029
Other Income66140137167225204158186195163154139110
Interest2121411161222
Depreciation114109108107119108111111138121126135173
Profit before tax178270310411132239010431445174428671279172821282917
Tax %23252525252525252625262624
Net Profit13825397908601797791109313122127969128715802226
EPS in Rs1.890.741.081.182.461.081.491.792.911.331.762.163.04

Profit & Loss

MetricsMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales709373548656104011216412968141091536817734202682376927610
Expenses5913596168648361925510209108951202413645152171693219561
Operating Profit117913931792203929092759321433444090505168378049
OPM %171921202421232223252929
Other Income5075734201967399125232281670742566
Interest7101861681091912137
Depreciation166192212272338372387401429443467556
Profit before tax151317641983195726282478294231663923526670998053
Tax %212424283028302625252625
Net Profit119713371523143118871825210024002986398553236062
EPS in Rs1.511.692.071.962.582.52.873.284.085.457.288.29
Dividend Payout %203133344437464644403330