Medium riskMid capEducational sample dataset

Bharat Electronics

BEL · NSE & BSE · Defence · Defence Electronics

Current price

₹320.00

+1.00%FY24 (illustrative)

Illustrative / demo price - not live.

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About the company

A government-owned defence electronics company supplying radars, sonars and communication systems.

Origin & history

Established in 1954, BEL is a key supplier of electronics to India's armed forces.

Founded

1954

Headquarters

Bengaluru

Business segments

Defence Systems85.0%
Non-Defence15.0%

Competitive position (moat)

Long-standing relationship with the armed forces and specialised electronics capability.

Governance

Government-owned with professional management.

Promoter holding

51.1%

Institutional holding

15.0%

Why it's interesting

A direct beneficiary of India's defence indigenisation push with a strong order book.

What to verify

  • Order book and execution pace
  • Defence budget and policy continuity
  • Margin and working capital

Key risks

  • Order flow dependence
  • Government policy
  • Execution risk

Valuation snapshot

Market cap

₹2.3 L cr

Total value of all shares: price multiplied by shares outstanding.

P/E

45.0

Price to earnings: how much you pay per rupee of profit.

P/B

10.0

Price to book: how the price compares to net asset value per share.

EV/EBITDA

30.0

Enterprise value to operating profit: a valuation that accounts for debt and cash.

Dividend yield

0.8%

Annual dividend per share as a percentage of the price.

Profitability

Revenue

₹22,000 cr

EBITDA

₹5,000 cr

Net income

₹5,200 cr

EPS

₹7.00

EBITDA margin

22.7%

Net margin

23.6%

ROE

24.0%

ROCE

26.0%

Revenue growth

18.0%

Balance sheet health

Debt/equity

0.0

Total debt divided by shareholders' equity: how leveraged the company is.

Cash

₹3,000 cr

Cash and equivalents on the balance sheet.

Interest coverage

30.0

How many times operating profit covers interest expense.

Dividends & returns

Dividend yield

0.8%

Dividend yield is the annual payout as a share of the price. A higher yield can signal a mature, cash-generative business - or a falling price. Check the payout history before reading too much into it.

Growth trend

Revenue growth

18.0%

Revenue growth shows how fast the top line is expanding. Pair it with margin trends to see whether growth is turning into profit.

Ownership

Promoter holding

51.1%

Share held by the founding family or group.

Institutional holding

15.0%

Share held by mutual funds, insurers and foreign institutions.

Placeholders - verify in the shareholding pattern.

Key catalysts

  • Defence orders
  • Indigenisation

Red flags

  • Rich valuation
  • Order concentration

52-week range

52-week low

₹180.00

Lowest price in the 52-week range.

52-week high

₹340.00

Highest price in the 52-week range.