Bharat Electronics Limited

Capital Goods · Aerospace & Defense

NSE: BEL BSE: 500049
₹388.30
▲ 0.55 (0.14%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
96/100
Strong
Valuation
—/100
Expensive
Momentum
13/100
Bearish

QVM read Quality, pricey and fading Quality Strong, Valuation Expensive, Momentum Bearish

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Bharat Electronics Limited (BEL) is an Indian state-owned defence electronics and aerospace company headquartered in Bengaluru, Karnataka. It is a Navratna central public sector enterprise under the Ministry of Defence.

Source: Wikipedia

Key Metrics

Market Capitalization
₹283,839 Cr
PE (TTM)
46.4
Industry median 97.1 (22 companies)
Price to Book
11.8
PEG (TTM)
4.0
Institutions holding %
39.04%
FII + DII, latest filed period
Piotroski Score
7
Relative return vs Nifty50, qtr %
-1.3
Relative return vs Sector, qtr %
-9.8
Free Cash Flow
₹556 Cr
as of March 31, 2026
Industry median ₹-3 Cr (28 companies)
EPS Growth (YoY)
7.52%
as of June 30, 2026
Industry median -18.27% (25 companies)
Net Profit Growth (TTM)
11.79%
as of June 30, 2026
Industry median 6.69% (24 companies)
Operating Revenue Growth (TTM)
19.77%
as of June 30, 2026
Industry median 15.37% (24 companies)
Profit Growth (YoY)
8.17%
as of June 30, 2026
Industry median 4.42% (24 companies)
Revenue Growth (YoY)
25.27%
as of June 30, 2026
Industry median 21.99% (24 companies)
Current Ratio
1.98
as of March 31, 2026
Industry median 2.75 (29 companies)
Debt to Equity
0.00
as of March 31, 2026
Industry median 0.10 (26 companies)
Interest Coverage
1272.53
as of June 30, 2026
Industry median 8.57 (25 companies)
Net Margin
18.95%
as of June 30, 2026
Industry median 16.45% (26 companies)
Operating Margin (EBIT)
25.37%
as of June 30, 2026
Industry median 17.05% (26 companies)
Operating Margin (TTM)
28.66%
as of June 30, 2026
Industry median 23.72% (25 companies)
Return on Assets
13.61%
as of March 31, 2026
Industry median 4.72% (24 companies)
Return on Capital Employed
31.88%
as of March 31, 2026
Industry median 13.75% (24 companies)
Return on Equity
25.25%
as of March 31, 2026
Industry median 9.81% (25 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

8 of 8 met
  • Yes Net profit is higher than a year earlier in each of the last 4 quarters
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • Yes Piotroski F-score is 7 or more (score 7)
  • Yes Debt to equity is below 0.5 (0.00)
  • Yes Return on equity is 15% or more (25.3%)
  • Yes Net cash flow for the latest year is positive
  • Yes Cash from operations is higher than the year before

Ownership

3 of 3 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

2 of 3 met
  • No 1-year return beats the industry median
  • Yes Revenue growth beats the industry median
  • Yes Profit growth beats the industry median

Value and momentum

0 of 6 met
  • No Price sits in the Buy zone of its own historical PE range (Fair Value Zone)
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
0.1%
Low 385.0000 · High 391.0000
1W return
-2.0%
Low 382.2000 · High 398.0500
1M return
-6.3%
Low 382.1000 · High 416.0000
52W return
-4.5%
Low 380.4500 · High 473.4500
Lifetime High ₹4126.6000 (Aug. 4, 2015)
Lifetime Low ₹17.8500 (April 26, 1999)

Full price history and technicals →

EMA & SMA

Bullish0
Bearish6
5D
389.6
10D
392.1
20D
396.0
50D
401.9
100D
407.5
200D
417.9

Delivery and volume

Day avg. delivery
56.5%
Week avg. delivery
61.9%
Month avg. delivery
56.5%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

388.10
Pivot
First resistance391.20
Second resistance394.10
Third resistance397.20
First support385.20
Second support382.10
Third support379.20
Day RSI40.4
Day MFI35.4
Day MACD-4.60
Day MACD signal-3.66

Beta

1M1.41
3M0.99
1Y0.93
3Y1.30

Price change analysis

↓ -6.3%
Over 1 Month
LowHigh
382.10416.00
↓ -6.7%
Over 3 Months
LowHigh
382.10429.90
↓ -7.3%
Over 6 Months
LowHigh
382.10464.40
↓ -4.5%
Over 1 Year
LowHigh
380.45473.45
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 46.4 (own history: 36.6–56.2)
Fair Value Zone
Revenue (June 30, 2026)
₹5,533 Cr
Net profit (June 30, 2026)
₹1,048 Cr
Basic EPS (June 30, 2026)
₹1.4300

Ranks #2 of 26 in Aerospace & Defense by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter51.14%
  • Mutual funds14.99%
  • FII/FPI18.02%
  • Other DII6.03%
  • Public9.82%

Largest holders

NameCategoryShares %Shares
PRESIDENT OF INDIAPromoter51.1400%3737921934
NPS TRUST- A/C HDFC PENSION FUND MANAGEMENT LIMITED SCHEME E - TIER I (VARIOUS SCHEMES)Public2.2900%167073789
KOTAK FLEXICAP FUND - VARIOUS SCHEMESPublic2.2600%165115111
SBI NIFTY 50 ETF - VARIOUS SCHEMESPublic2.1300%155389527
CPSE EXCHANGE TRADED SCHEME - VARIOUS SCHEMESPublic2.0400%148831792

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 51.14% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 19.50% to 18.02% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings increased from 14.28% to 14.99% in Jun 2026 qtr

146 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 13 insider trades, 21 SAST, 0 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
17 Feb 2020 The President of India Promoter Sell 0 ₹0
16 Oct 2019 The President of India (acting through the Ministry of Defence) Promoter Sell 0 ₹0
31 Jul 2019 The President of India Ministry of Defence GOI Promoter Sell 0 ₹0
2 Apr 2019 The President of India (acting through the Ministry of Defence) Promoter Sell 0 ₹0
7 Mar 2019 The President of India (acting through the MoD) Promoter group Sell 0 ₹0
6 Dec 2018 The President of India (acting through the Ministry of Defence) Promoter Sell 0 ₹0
11 Jul 2018 Ministry of Defence Govt of India Promoter Sell 0 ₹0
27 Mar 2018 Ministry of Defence, Government of India, New Delhi, 110 0011 Promoter Sell 0 ₹0
27 Mar 2017 The President of India (acting through the Ministry of Defence) Promoter Sell 0 ₹0
28 Feb 2017 The President of India (acting through the Ministry of Defence) Promoter Sell 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
24 Jun 2026 THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MUTB400045794 Block Buy 837,516 420.0000 NSE
24 Jun 2026 THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828 Block Sell 837,516 420.0000 NSE
26 Sep 2025 MORGAN STANLEY ASIA SINGAPORE PTE Block Buy 394,579 403.1500 NSE
26 Sep 2025 GOLDMAN SACHS BANK EUROPE SE - ODI Block Sell 394,579 403.1500 NSE
15 Sep 2025 GOLDMAN SACHS BANK EUROPE SE - ODI Block Buy 2,984,304 399.3000 NSE
15 Sep 2025 GOLDMAN SACHS (SINGAPORE) PTE - ODI Block Sell 2,984,304 399.3000 NSE
11 Sep 2025 GOLDMAN SACHS BANK EUROPE SE - ODI Block Buy 2,465,814 386.0000 NSE
11 Sep 2025 GOLDMAN SACHS (SINGAPORE) PTE - ODI Block Sell 2,465,814 386.0000 NSE
14 Jul 2025 THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828 Block Sell 1,346,928 409.3000 NSE
14 Jul 2025 THE MTBJ LTD. AS TRST FOR GOVERNMENT PENSION INVESTMENT FUND MTBJ400045849 Block Buy 1,346,928 409.3000 NSE

All bulk and block deals →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
27 Jul 2026 Financial Results Yes
19 May 2026 Financial Results/Dividend Yes
27 Feb 2026 Dividend —
28 Jan 2026 Financial Results Yes
31 Oct 2025 Financial Results Yes

Corporate Announcements

All 3 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
30 Sep 2026 Company Update Bharat Electronics Ltd - 500049 - Intimation Of ESG Rating.
28 Sep 2026 Insider Trading / SAST Bharat Electronics Ltd - 500049 - Closure of Trading Window
11 Sep 2026 Company Update Bharat Electronics Ltd - 500049 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • High Return on Equity (25.3%)
  • Low financial leverage (Debt/Equity 0.00)
  • Comfortable interest coverage (1272.5x)
  • Healthy liquidity (Current Ratio 1.98)
  • Strong revenue growth YoY (25.3%)

Weaknesses

Data unavailable.

Opportunities

Data unavailable.

Threats

  • PE above 35 (46.4) -- priced for continued strong execution

Single-stock futures and a real listed options chain available for this stock -- OI buildup, PCR, Max Pain and Greeks are all on the full F&O page.

Part of: NIFTY 100, NIFTY 100, NIFTY 200, NIFTY 200, NIFTY 50, NIFTY 50, NIFTY 500, NIFTY 500, NIFTY CPSE, NIFTY CPSE, NIFTY PSE, NIFTY PSE, NIFTY100 ALPHA 30

Frequently asked questions about Bharat Electronics Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.