Bharat Electronics Limited

BEL
NSE· Capital Goods
410.10
-0.70 (-0.17%)
Updated 11:36 am IST
52W Low · ₹361.2052W High · ₹473.45
Mid Range
Market Cap
₹303246.19L Cr
Volume
1.07Cr
Prev Close
₹410.80
ISIN
INE263A01024

Orion Score

Fundamentals-based quality & risk · not a recommendation

76/100
Quality

Bharat Electronics Limited scores 76/100 (Quality) on the Orion Score — strong business quality (85), strong growth (77), strong balance-sheet safety (94) and rich valuation (22). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Quality
85
Growth
77
Safety
94
Value
22

Full Orion analysis

Risk checks

  • Profit converts to cash (CFO 0.6× PAT)
  • Low debt, comfortable interest cover
  • No distress, manipulation or dilution flags

Forensic accounting

Piotroski F 5/9Altman Z Safe(7.87)Beneish M Elevated(-1.66)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

80/100

Strong

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION
Low Debt
D/E 0.00x — lean balance sheet
QUALITY
High Quality
ROCE 29.6% — excellent capital efficiency
MOMENTUM
Neutral
RSI 44.4 — consolidating

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q4 FY2026

P/E Ratio
49.04
ROCE
29.65%
ROE (1Y)
27.56%
D/E Ratio
0.00x
OPM
27.47%
TTM EPS
₹8.46
Dividend Yield
107.00%
Qtrly Sales
₹10,224.43 Cr
Qtrly Profit
₹2,225.22 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q4 2026₹10,224.43₹2,225.2227.5%₹3.04
Q3 2026₹7,153.85₹1,579.127.8%₹2.16
Q1 2026₹4,439.74₹969.9125.2%₹1.33
Q4 2025₹9,149.59₹2,127.0429.3%₹2.91
Q3 2025₹5,770.69₹1,310.9527.0%₹1.79

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2025₹23,117.3₹5,321.44₹7,575.7728.2%
FY 2024₹19,905.49₹3,984.52₹5,716.2724.0%
FY 2023₹17,404.18₹2,984.42₹4,366.3221.7%
FY 2022₹15,084.74₹2,398.87₹3,572.0319.6%

Peer Comparison — Capital Goods

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
BEL₹3,03,246 Cr49.0429.65%27.56%0.00x27.47%
BHEL₹1,37,629 Cr85.554.62%6.29%0.31x13.53%
APARINDS₹56,477 Cr57.8028.67%19.74%0.18x6.90%
COCHINSHIP₹37,305 Cr51.5410.41%12.52%0.28x18.71%
BEML₹15,513 Cr110.285.20%4.86%0.11x13.88%
AEROFLEX₹5,473 Cr96.1713.23%14.06%0.02x17.67%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹40,831.86₹39,526.68₹35,491.17₹33,910.58
Equity₹19,973.89₹16,326.47₹13,861.63₹12,285.93
Total Debt₹61.23₹62.51₹61.34₹52.7
Cash₹713.45₹1,206.32₹3,945.69₹1,300.86
Net Debt
Working Capital₹15,105.34₹12,036.25₹9,481.96₹7,712.67

Shareholding Pattern

Q1 FY2027

Promoter
53.25%
FII
15.73%
DII
12.87%
Public
18.15%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q1 FY202753.25% ↑15.73% ↑12.87% ↑18.15% ↓
Q4 FY202653.2% ↑14.62% ↓11.96% ↓20.22% ↑
Q3 FY202651.14%18.51% ↑20.47% ↓9.87% ↑
Q2 FY202651.14%18.14% ↓20.88% ↑9.84% ↑
Q1 FY202651.14%18.56% ↑20.6% ↓9.7% ↓
Q4 FY202551.14%17.55% ↑20.87% ↓10.43% ↓
Q3 FY202551.14%17.34% ↑20.94% ↑10.58% ↓
Q2 FY202551.14%17.27%20.22%11.37%

Corporate Actions

Ex-DateActionDetails
2026-03-06
DIVIDEND
Interim Dividend - Rs 1.95 Per Share
2026-03-05
DIVIDEND
Interim Dividend - Rs 1.95 Per Share

Smart Money Holdings

Q4 FY2025

InvestorShares HeldPortfolio %Change
kotak-mf4.10%

Funds Holding This Stock

300 mutual fund schemes

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About Bharat Electronics Limited (BEL) Stock

Bharat Electronics Limited is listed on the NSE under the Capital Goods sector, Aerospace & Defense industry. ISIN: INE263A01024. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.