Home

Insights

Bharat Electronics Ltd P/E Ratio

Bharat Electronics Ltd P/E Ratio

download
stocks purchased

₹ 199.4 Cr

Volume transacted

stocks purchased

6440.4 K

stocks traded

Image

Bharat Electronics Ltd

NSE: BEL

PE

53.3

Last updated : 14 Jun 15:30 pm

Key Highlights

    The P/E Ratio of Bharat Electronics Ltd is 53.3 as of 14 Jun 15:30 pm .a1#The P/E Ratio of Bharat Electronics Ltd changed from 12.1 on March 2019 to 23.9 on March 2023 . This represents a CAGR of 14.58% over 5 years. a1#The Latest Trading Price of Bharat Electronics Ltd is ₹ 309.55 as of 14 Jun 15:30 .a1#The PE Ratio of Aerospace & Defence Industry has changed from 13.4 to 21.5 in 5 years. This represents a CAGR of 9.92%a1# The PE Ratio of Aerospace & Defence industry is 21.5. The PE Ratio of Automobile industry is 11.3. The PE Ratio of Finance industry is 22.8. The PE Ratio of IT - Software industry is 28.9. The PE Ratio of Retail industry is 142.7. The PE Ratio of Textiles industry is 7.2. In 2023a1#The Market Cap of Bharat Electronics Ltd changed from ₹ 22733 crore on March 2019 to ₹ 71306 crore on March 2023 . This represents a CAGR of 25.69% over 5 years. a1#The Revenue of Bharat Electronics Ltd changed from ₹ 3222 crore to ₹ 8789 crore over 8 quarters. This represents a CAGR of 65.14% a1#The EBITDA of Bharat Electronics Ltd changed from ₹ 604.58 crore to ₹ 2512 crore over 8 quarters. This represents a CAGR of 103.86% a1#The Net Profit of Bharat Electronics Ltd changed from ₹ 356.13 crore to ₹ 1785 crore over 8 quarters. This represents a CAGR of 123.92% a1#The Dividend Payout of Bharat Electronics Ltd changed from 42.98 % on March 2019 to 43.76 % on March 2023 . This represents a CAGR of 0.36% over 5 years. a1#

Open Demat Account

Lead form image

+91

50 Years

of Trust & Legacy

₹0 AMC

for First Year

₹0 Brokerage

on Delivery, Intraday, Currency and NSE F&O

*By signing up you agree to our terms & conditions

×

P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1912.1
Mar '209.9
Mar '2114.5
Mar '2221.4
Mar '2323.9

Fundamental Metrics

Market Cap

219,987 Cr

EPS

5.4

P/E Ratio (TTM) *

53.3

P/B Ratio (TTM) *

13.0

Day’s High

310.5

Day’s Low

301.35

DTE *

0.0

ROE *

24.4

52 Week High

323.0

52 Week Low

117.95

ROCE *

31.9

* All values are consolidated

* All values are consolidated

Image

Bharat Electronics Ltd

NSE: BEL

PRICE

309.55

8.60 (2.86%)

stock direction

Last updated : 14 Jun 15:30

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Bharat Electronics Ltd

Strength

3

S

Weakness

3

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Bharat Electronics Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

2,12,422

Asset Value

30,772

5.9 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

3,984 Cr

53.3 X

PE Ratio

Market Cap

₹212422Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

3,984 Cr

53.3 X

PE Ratio

Market Cap

₹212422Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Aerospace & Defence Industry over time

PE Ratio of Top Sectors

Bharat Electronics Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Bharat Electronics Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Bharat Electronics Ltd's Share Price stands at 309.55. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-06-14T00:00:00 is 5.45. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 309.55/ 5.45= 53.32.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Bharat Electronics Ltd's stock is trading at approximately 53.32 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Bharat Electronics Ltd’s PE Ratio (BSE: BEL)

    The Price-to-Earnings (PE) ratio, used to assess Bharat Electronics Ltd's stock (BSE: BEL), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '1922733
Mar '2018116
Mar '2130482
Mar '2251376
Mar '2371307

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '223223
Sep '224035
Dec '224212
Mar '226545
Jun '233673
Sep '234146
Dec '234330
Mar '238790

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22605
Sep '22942
Dec '22922
Mar '221898
Jun '23813
Sep '231151
Dec '231240
Mar '232513

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22356
Sep '22615
Dec '22603
Mar '221366
Jun '23529
Sep '23781
Dec '23848
Mar '231786

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1943
Mar '2038
Mar '2147
Mar '2247
Mar '2344

* All values are a in %

About Bharat Electronics Ltd

About Bharat Electronics Ltd

    Bharat Electronics Limited, established in 1954, is a Navratna Public Sector Undertaking. The Company possess expertise in a spectrum of activities, encompassing the design, development, manufacturing, supply and life cycle support of strategic electronic products and systems. It hold a prominent position in the Indian Defence segment, and are making inroads into the civilian segments while expanding their defence operations into the international markets. The Company is engaged in manufacture and supply of strategic electronic products primarily to Defense Services. The company exported a range of products and sub-assemblies exported includes LYNX II, radar warning receivers, composite communication system, night vision devices, versatile communication system (VCS), IFF Interrogator, LRF, X-Ray tube, radar finger printing system, ESM system, V/ultra high frequency (UHF) search receivers, shelters, printed circuit board (PCB) assembly, cable harness, components and mechanical assemblies. Bharat Electronics Ltd was set up at Bangalore, India, by the Government of India under the Ministry of Defence to meet the specialized electronic needs of the Indian defence services. Over the years, then company has grown into a multi-product, multi-technology, multi-unit company serving the needs of customers in diverse fields in India and abroad. The company started with the manufacture of few communication equipment in the year 1956. They went on to produce Receiving Valves in the year 1961, Germanium Semiconductors in the year 1962 and Radio Transmitters for AIR in the year 1964. In the year 1966, the company set up a Radar manufacturing facility for the Army and in-house R&D. In the year 1967, they started manufacture of Transmitting Tubes, Silicon Devices and Integrated Circuits. In the year 1968, they established the PCB manufacturing facility. In the year 1970, the company started manufacture of Black & White TV Picture Tube, X-ray Tube and Microwave Tubes. In the year 1971, they set up facilities for manufacture of Integrated Circuits and Hybrid Micro Circuits. In the year 1972, they started manufacturing TV Transmitters for Doordarshan. In the year 1973, they started manufacture of Frigate Radars for the Navy. Under the government's policy of decentralization and due to strategic reasons, the company ventured to set up new Units at various places. In the year 1974, the company set up their second unit at Ghaziabad to manufacture Radars and Tropo communication equipment for the Indian Air Force. In the year 1979, they established their third Unit at Pune to manufacture Image Converter and Image Intensifier Tubes. In the year 1980, the company's first overseas office was set up at New York for procurement of components and materials. In the year 1981, the company set up a manufacturing facility for Magnesium Manganese Dioxide batteries at the Pune Unit. In the year 1982, they set up the Space Electronic Division at Bangalore to support the satellite programme. In the year 1983, the company took over an ailing Andhra Scientific Company (ASCO) as the fourth manufacturing Unit at Machilipatnam. In the year 1985, the company set up their fifth Unit in Chennai for supply of Tank Electronics, with proximity to HVF, Avadi. Also, they set up their sixth Unit at Panchkula to manufacture Military Communication equipment. In the year 1985, the company started manufacturing on a large scale Low Power TV Transmitters and TVROs for the expansion of Doordarshan's coverage. In the year 1986, the company set up their seventh Unit at Kotdwara to manufacture Switching Equipment. They set up their eighth Unit to manufacture TV Glass Shell at Taloja (Navi Mumbai). Also, they set up their ninth Unit at Hyderabad to manufacture Electronic Warfare Equipment. In the year 1987, the company set up a separate Naval Equipment Division at Bangalore to give greater focus to Naval projects. In the year 1988, they established first Central Research Laboratory at Bangalore to focus on futuristic R&D. In the year 1989, the company started the manufacture of Telecom Switching and Transmission Systems. Also, they set up the Mass Manufacturing Facility in Bangalore and the manufacture of the first batch of 75,000 Electronic Voting Machines. In the year 1990, the company entered an agreement Delft of Holland for setting up first joint venture company, BE DELFT. Later, the joint venture company became a subsidiary of the company with the exit of the foreign partner and was renamed BEL Optronic Devices Ltd. In the year 1992, the company established their second Central Research Laboratory at Ghaziabad. Also, the company made their first disinvestment (20%) and their shares were listed on the Bangalore and Mumbai Stock Exchanges. During the year 1993-94, the company's Units obtained ISO 9000 certification. In the year 1994, the second disinvestment (4.14%) took place. In the year 1997, GE BEL, the joint venture company with GE, USA, was formed. In the year 1998, the company set up their second overseas office at Singapore to source components from South East Asia. In the year 2000, the company's shares were listed in the National Stock Exchange. In the year 2002, the company became the first defence PSU to get operational Mini Ratna Category I status. In June 16, 2007, the company inaugurated the state-of-the-art, new building of the Central Research Laboratory of the company at Ghaziabad. They also inaugurated the Near Field Antenna Development and Test Centre at BEL's Ghaziabad Unit. In June 22, 2007, the company was conferred the prestigious Navratna status based on their consistent performance. The company has bagged the IETE Corporate Award in August of the year 2007 for performance excellence in the field of software development. During the year 2007-08, the company executed important orders which include STARS V Frequency Hopping, a VHF Manpack Transreceiver; Advanced Land Navigation System for Tanks, a Command & Control System, Command Information and Decision Support System, Installation of LINK II System on board Ship, Gunners Main Sight, EW Systems, Flycatcher Radar, Surveillance Radar Element, Integrated Observation Equipment, Hand Held Thermal Imagers, Central Acquisition Radar, Passive Night Vision Device (both monocular and binocular), and Doppler Weather Radar for prediction of meteorological data. These equipments have been supplied to a wide range of Customers including the Army, Navy, Air Force, Paramilitary forces, Indian Meteorological Department and others. The company set up a new DF Range test facility at the Hyderabad Unit for testing, calibration and evaluation of ESM Systems. During the year, the company signed MoUs with aerospace majors, Lockheed Martin &Boeing and global defence companies EADS & Northrop Grumman and other companies like Raytheon, Honeywell to exploit opportunities arising out of offsets. They signed an MoU with Elisra, Israel, for working on various airborne electronic warfare programmes for the Indian defence. Also, they signed an MoU with IAI-Malat for working in the field of Unmanned Aerial Vehicles. The company signed an term sheet with Rafael, Israel, which is expected to lead to the formation of a joint venture, for missile electronics and guidance technologies. Also, they signed an MoU with Elbit Systems, Israel for co-operation in the area of Wireless Local Area Network. During the year 2008-09, the company signed an MoU with Bharat Heavy Electricals Ltd, to explore formation of a Joint Venture for solar photovoltaic business. They signed an MoU with Boeing to jointly develop an analysis and experimentation centre in India to offer customers the ability to make better-informed decisions in modernising the Country's defence forces. They signed an MoU signed with Astra Microwave Products Ltd, for setting up of a Joint Venture for microwave components. They signed an MoU with Selex Galileo for collaboration on Electronic Warfare programmes. Also, they company was selected by Northrop Grumman Corporation for the manufacture of components for Fire Control Radar for its Fighter Aircraft programme. During the year 2009-10, the company introduced some new products namely, Integrated Air Command and Control System, Advanced Naval Gun Fire Control System for IN Ships, Gap Measuring Device Mk III, Perimeter Security Jammer, Frequency Hopping HF Transreceivers for paramilitary forces, Data Facility Kit for VHF radios and V / UHF Protocol Analyzer. The company set up a state-of-the-art integrated manufacturing facility for assembly, inspection and testing of Digital Flight Control Computer (DFCC), all under one roof. During the year 2010-11, the company supplied some of the important equipment / systems to customers, which includes 3-D Central Acquisition Radar (Rohini), Surveillance Radar Element, Artillery Combat Command Control System, Battle Field Surveillance Radar, L-Band Surveillance Radar, Fire Control Systems, Shipborne Electronic Warfare System, Integrated Communication Network System for ships, Mobile Radar band Electronic Intelligence System, Mobile Communication Terminal, Handheld UHF Radios, Secure Communication Network, Passive Night Vision Weapon Sight and Doppler Weather Radar. In December 2010, the company handed over four numbers of India's first wholly indigenous Nuclear, Biological and Chemical (NBC) Recce Vehicles, designed and developed by DRDO and integrated with NBC instruments at BEL's Pune Unit to Indian Army. The NBC Recce Vehicle surveys, detects, identifies and marks areas of radiological and chemical contamination. In December 24, 2010, the company inaugurated a modern D&E facility at BEL's Hyderabad Unit, which is equipped with Embedded Systems Lab, Software Development Lab, Communication Systems and Integration Labs, Video Conferencing, etc. In February 8, 2011, the company inaugurated the company's Product Support Centre at Kalamassery in Kochi, Kerala to provide waterfront support for the Southern Naval Command and to support outsourcing of Naval system projects to BEL's outsourcing partner, KELTRON. The company is in the process of signing a Technology Collaboration Agreement (TCA) with Optelian International Corporation for establishing a long-term partnership between the two Companies for the manufacture and design of optical networking systems in India. BEL expects to address a business of about Rs 60,000 lakh in the next five years from this initiative. The company is in discussions with a reputed foreign OEM for forming an Indian Joint Venture in the area of civilian radars & select defence radars. The business plan for setting up a JVC with BHEL for manufacture of Solar PV wafers, cells and modules was finalized. The company is working on establishing a Company for the design, development and manufacture of RF and Microwave components and subsystems. In 2012, Bharat Electronics Limited India (BEL) signed an MoU with Israel Aerospace Industries (IAI) for cooperation on future Long Range Surface to Air Missile (LRSAM) Ship-defence Systems'. In 2014, the company has decided to form a Joint Venture Company (JVC) with Thales Air Systems SA, France and Thales India in Radar Business Area. In 2015, The Company has allotted the Bonus Shares to its shareholders in the Ratio of 2:1. On 31 May 2016, Bharat Electronics announced that it will inaugurate an 8.4 MW wind energy power plant at Hanumanthappa site, Harappanahalli, in the Davangere district of Karnataka for captive consumption of energy for its factory at Bengaluru on 2 June 2016. The Board of Directors of Bharat Electronics at its meeting held on 5 August 2016 approved the proposal to buyback of not exceeding 1.66 crore equity shares of the company, representing 6.93% of the total number of equity shares in the paid-up share capital of the company at a price of Rs 1,305 per share payable in cash for an aggregate consideration not exceeding Rs 2171.15 crore, which is not exceeding 25% of the aggregate of the fully paid-up share capital and free reserves as per audited accounts of the company for the financial year ended 31 March 2016 from all the equity shareholders of the company, as on the record date, on a proportionate basis through the Tender Offer route. The Board of Directors noted the intention of the Promoter of the Company to participate in the proposed Buyback. On 17 September 2016, Bharat Electronics announced that foundation stone for the company's Advanced Night Vision Products factory at Nimmaluru, Krishna district, Andhra Pradesh will be laid on 19 September 2016. It will be the largest such facility in the country once it is commissioned, covering an area of over 50 acres. The Advanced Night Vision Products factory will enable Bharat Electronics to expand its Electro-Optics business and carry out manufacturing and integration for the ongoing and upcoming projects. The Board of Directors of Bharat Electronics at its meeting held on27 January 2017 approved sub-division of existing one equity share of Rs 10 each face value fully paid-up into 10 number of equity shares of Re 1 each face value. On 14 February 2017, Bharat Electronics Ltd (BEL) unveiled a new Weapon Control system - Remote Controlled Weapon Station (RCWS)/Air Defence Weapon Station (ADWS) for 12.7 mm Gun of MBT Arjun Mk II battle tank, at Aero India 2017. The RCWS is an improvised version of the manually operated air defence gun. On 15 February 2017, Bharat Electronics announced that Elbit Systems Electro-Optics Elop Ltd (ELOP), Israel, has awarded the company an Offset Contract for the supply of 10 numbers of CoMPASS Systems for use in the Light Combat Helicopters (LCH) being manufactured by Hindustan Aeronautics Limited (HAL). BEL received the CoMPASS Offset Contract at Aero India 2017, Bengaluru. BEL has entered into a Technical Collaboration Agreement with ELOP for the joint production and D-Level maintenance of Compact Multi-Purpose Advanced Stabilised System (CoMPASS, the trade name for EO/IR payload) for the helicopter programmes. BEL has absorbed transfer of technology (ToT) for production and maintenance of CoMPASS in India. The CoMPASS is a day-and-night surveillance system that includes a colour TV daylight camera, 3rd Generation 3-5 f m Forward Looking Infrared (FLIR) sensor, Laser Target Designator and Range Finder (LTDRF) and automatic tracking capabilities, as well as command and control capabilities. On 22 and 23 February 2017, the Government of India divested 5% stake in Bharat Electronics through Offer for Sale via the stock exchanges mechanism. Post the stake-sale, Government of India's stake in the company declined to 69.41% from 74.41%. Bharat Electronics Limited (BEL) and Larsen & Toubro signed an MoU on 11 April 2018 at Defexpo 2018 in Chennai to share their expertise in design, development, engineering and manufacturing to develop and produce products and systems to meet the requirement of the defence services as well as for export markets. BEL and L&T have agreed to explore and address defence products/systems for the Indian Defence Services as well as export opportunities. BEL has expertise in design, development, engineering, manufacture of Radar & Weapon Systems, NCS and Communications systems, Electronic Warfare & Avionics, Naval Systems, Electro-optics products, Tank Electronics & Gun Systems, Satcom systems, Strategic Components and Civilian products, while L&T has expertise in design, engineering and manufacture of Defence systems, Platforms and Weapon delivery, Armoured platforms and Fire control systems, Military Communication, Naval Equipment, Warships & Submarines. The MoU sets to define the roles and responsibilities of both the companies to cooperate and work in partnership mode for select programmes and thus give a boost to indigenous defence production. This collaboration will support the Make in India mission. On 11 April 2018, Bharat Electronics launched eight new products at Defexpo 2018 in Chennai, including 100 Mbps Radio, Secure Military Wireless Local Area Network, Multi-Function Hand Held Thermal Imager, Long Range Surveillance System, Chemical Agent Monitor (CAM), Multi-Purpose Reflex Weapon Sight, Light Weight Composite Shelter and Mine Field Recording System. On 12 April 2018 at DefExpo 2018 in Chennai, Bharat Electronics Limited (BEL) and Mahindra Defence Systems Limited committed to a long-term partnership through a MoU, to jointly address emerging opportunities in the domestic market under the policy initiatives of the Government of India, like Make in India and the Export Promotion Policy of the Ministry of Defence to target the export market. BEL has the expertise in design, development, engineering, manufacture of Radar & Weapon Systems, NCS and Communications systems, Electronic Warfare & Avionics, Naval Systems, Electro-optics products, Tank Electronics & Gun Systems, Satcom systems, Strategic Components and select Civilian products, while Mahindra Defence has the expertise in manufacture, maintenance of Defence equipment, Light Military Vehicle, Armoured Vehicles, Aerospace/Aviation Platforms, Simulators, Electronics, Airborne Equipment, Naval Equipment and materials for Defence sector. During the year 2018-19,the Company has spent Rs 67,359 Lakhs as part of CAPEX investment towards modernization of plant & machinery, test instruments, R&D investments, infrastructure up-gradation etc. During the year 2019-20, Company has spent Rs 51,297 Lakhs as part of CAPEX investment towards modernization of plant & machinery, test instruments, R&D investments, infrastructure up-gradation etc. During 2020-21, the Company commissioned major projects like Systems for Akash-NG, Compact Tracking Radar for Lynx U2 Gun Fire Control System, technology modules for Multi Target Tracking Radar, Integrated Air Command and Control System (IACCS) Batch 2, Variants of Software Defined Radios, Low profile Ku Band Satellite communication on the move (SOTM) mobile terminal, Combat Management System for P-15B class of ships, Electronic Counter Measure (ECM) Jammer MK-III and Digital Beam Former for 3D E/F Band Airport Surveillance Radar (ASR). During FY 2020-21, BEL-THALES Systems Limited (BTSL), a subsidiary, was formed for design, development, marketing, supply and support of civilian and select Defence radars for Indian and global markets. During FY 2021-22, Company commissioned major projects such as, Akash-NG System, Record & Replay Operations, Single Combat Vehicle, Compact GFCS (LYNX U3 GFCS), Multi Target Tracking Radar, BMP EO Upgrade, AGMS and CPS for MBT Arjun, Spotterscope, Space Situational Awareness, IAF Order for 7 Sqn of Akash Missile System (AMS), Revathi Stabilized Platform, CMS16A, GaAs based C-band MMICs, Uncooled TI weapon sights for MMG and Assault Rifle, Range Extension Kit for General Purpose Bombs, Command Post for MRSAM-Army, Active Range Gating Camera for long range surveillance application, Development of HHT for BEST Buses, Gunner TI sight for T-90, Laser Dazzler, D4 System, ToT for Fibre Optic Sensor Package and IPSS Pathankot. During FY 2021-22, the Company introduced major products/systems including, SDR Variants, Improved Version of Data link system for Ship (Link2-MOD3), Sensors for VSHORAD, IFF Mk XII for MRSAM, Navigational Complex System, IIR Seeker for HELINA/NAG/PROSPINA, Gunner TI Sight for T-90, Spotter scope with Digital Camera, Continuous Zoom Lens 20-860 mm, Image Stabilisation for EO's, MultiFunction Radar-VLSRSAM, Electrical Power System (EPS) for Weapon Control (P15B), Hand Held Laser Dazzler, ACCS for 1135.6/ ACCS for SVL etc. It launched new products like Compact Indoor Robotic Vehicle and Oxygen Concentrator. In FY 2022-23, the Company acquired technology from DRDO for high capacity Lithium-ion cells for strategic applications and set up a production facility. BEL-developed Air Traffic Management Automation System was installed at Bhubaneswar Airport. It established BELIndian Navy Incubation Cell for Artificial Intelligence (INICAI) and signed MoU with IISc Bengaluru on AI-ML for which the projects have been initiated. A Software Development Centre was opened at Visakhapatnam. During FY 2022-23, the Company completed projects in technology areas like Missile Systems, Radars, Electronic Warfare, Avionics, Military Communication, Naval Systems, Sonars, C4I Systems, Electro-optics and Laser, Tank Electronics, Gun Upgrades, Civilian Equipment, Homeland Security, Medical Electronics, and Components.

Bharat Electronics Ltd News Hub

News

Bharat Electronics wins orders of Rs 1150 cr

Bharat Electronics (BEL) has received orders worth Rs.1150 crore till date during the fina...

Read more

22 May 202415:04

News

Board of Bharat Electronics recommends final dividend

Bharat Electronics announced that the Board of Directors of the Company at its meeting hel...

Read more

21 May 202409:45

News

BEL hits life high as PAT jumps 30% YoY to Rs 1,797 cr in Q4 FY24

Revenue from operations jumped 32.18% year on year (YoY) to Rs 8,564.08 crore in the quart...

Read more

21 May 202410:27

News

Bharat Electronics to conduct board meeting

Bharat Electronics will hold a meeting of the Board of Directors of the Company on 20 May ...

Read more

03 May 202417:01

News

Bharat Electronic receives affirmation in credit ratings

Bharat Electronic has received reaffirmation in credit ratings as under: Long term fund ba...

Read more

10 Apr 202419:29

News

Bharat Electronics FY24 turnover grows 13.65% to Rs 19,700 cr

Bharat Electronics (BEL) has achieved a turnover of around Rs. 19700 crore (Provisional & ...

Read more

01 Apr 202420:36

Product Composition by Percentage (Revenue)

Document

Annual Reports

Annual Report 2022

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Feb 2024

Transcript

Nov 2023

Transcript

Aug 2023

Transcript

May 2023

Transcript

Feb 2023

Transcript

Sep 2022

PPT

Aug 2022

PPT

July 2022

Transcript

May 2022

PPT

Sep 2021

PPT

Feb 2024

Transcript

Nov 2023

Transcript

Aug 2023

Transcript

May 2023

Transcript

Feb 2023

Transcript

Sep 2022

PPT

Aug 2022

PPT

July 2022

Transcript

May 2022

PPT

Sep 2021

PPT

FAQs for PE of Bharat Electronics Ltd

What is Bharat Electronics Ltd current share price?

The current market price of Bharat Electronics Ltd as of June 14, 2024 is ₹309.55.

Is Bharat Electronics Ltd a good investment?

As per BlinkX Score Bharat Electronics Ltd scores 38 in Revenue, 53 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Bharat Electronics Ltd's total net assets?

According to Bharat Electronics Ltd's most recent financial filings, the company's net assets total ₹30771.6 Cr.

Is Bharat Electronics Ltd making a profit or loss?

Bharat Electronics Ltd's net Profit as of June 14, 2024 is close to ₹3,984 Cr.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199