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Bharat Electronics Ltd BEL.NS · INR

Aerospace & Defense · NSE · 🇮🇳 India

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394.55

-0.37%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹276.10bn

FY2017FY2026

Net income

₹60.62bn

FY2017FY2026

Free cash flow

₹11.42bn

FY2017FY2026

Shareholders' equity

₹239.88bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹276.10bn₹237.69bn₹202.68bn₹177.34bn₹153.68bn₹141.09bn₹129.68bn₹121.64bn₹104.01bn₹86.68bn
Research and development—₹142.1m₹146.5m₹103.5m₹107.4m₹8.73bn——₹8.83bn₹7.08bn
Operating income₹80.98bn₹70.99bn₹52.66bn₹39.23bn₹31.66bn₹29.42bn₹37.24bn₹41.77bn₹29.94bn₹26.95bn
Net income₹60.62bn₹53.21bn₹39.85bn₹29.84bn₹23.99bn₹20.99bn₹18.24bn₹18.86bn₹14.32bn₹15.24bn
Diluted earnings per share8.297.285.444.063.252.882.492.571.962.08

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹445.38bn₹408.32bn₹395.27bn₹354.91bn₹339.11bn₹294.92bn₹243.48bn₹208.21bn₹189.51bn₹175.96bn
Cash and short-term investments₹85.72bn₹95.45bn₹110.50bn₹81.13bn₹75.65bn₹50.87bn₹16.76bn₹9.25bn₹8.54bn₹37.68bn
Total liabilities₹205.30bn₹208.39bn₹231.82bn₹216.12bn₹216.08bn₹184.17bn₹142.63bn₹115.96bn₹109.23bn₹98.47bn
Debt—₹612.3m₹625.1m₹613.4m₹527.0m₹25.0m₹113.0m₹333.0m₹804.0m₹636.0m
Shareholders' equity₹239.88bn₹199.74bn₹163.26bn₹138.62bn₹122.86bn₹110.60bn₹100.72bn₹92.11bn₹80.16bn₹77.36bn
Shares outstanding7,310m7,311m7,324m7,347m7,386m7,296m7,317m7,342m7,295m7,310m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹21.27bn₹5.87bn₹46.59bn₹12.67bn₹42.07bn₹50.93bn₹25.70bn₹15.46bn−₹6.87bn−₹607.4m
Capital spending−₹9.85bn−₹10.11bn−₹6.53bn−₹5.90bn−₹5.55bn−₹4.69bn−₹7.47bn−₹7.61bn−₹8.07bn−₹7.94bn
Free cash flow₹11.42bn−₹4.25bn₹40.07bn₹6.76bn₹36.53bn₹46.24bn₹18.24bn₹7.85bn−₹14.94bn−₹8.55bn
Dividends paid−₹20.83bn−₹16.81bn−₹14.62bn−₹12.43bn−₹10.23bn−₹10.23bn−₹9.80bn−₹5.66bn−₹8.20bn−₹6.83bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹55.47bn₹102.24bn₹71.54bn₹57.92bn₹44.40bn₹91.50bn₹57.71bn₹46.05bn
Operating income₹12.28bn₹28.09bn₹19.92bn₹15.76bn₹16.67bn₹70.99bn₹21.17bn₹18.07bn
Net income₹10.54bn₹22.25bn₹15.70bn₹12.88bn₹9.70bn₹21.27bn₹13.11bn₹10.92bn
Diluted earnings per share1.443.042.151.761.332.911.791.49
Cash from operations———−₹8.89bn————
Capital spending———−₹4.54bn————
Free cash flow———−₹13.44bn————
Total assets—₹445.38bn—₹429.25bn—₹408.32bn—₹398.06bn
Cash and short-term investments—₹85.72bn₹81.17bn₹81.17bn₹95.45bn₹95.45bn₹83.16bn₹83.16bn
Debt—₹30.3m—₹18.0m—₹25.4m—₹19.4m
Shareholders' equity—₹239.88bn₹215.84bn₹215.67bn₹199.93bn₹199.74bn₹176.79bn₹176.60bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue15.9%14.4%14.1%
Operating income27.3%22.4%13.6%
Net income26.6%23.6%16.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin29.6%27.3%25.7%27.2%
Net margin22.2%20.5%19.2%18.1%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings48.054.853.945.430.824.316.113.014.929.1
Price to sales10.512.310.67.64.83.62.32.02.05.1

Dividends and splits

Per share, in the currency the company pays

Paid for 29 years. Last went ex-dividend on 13 Aug 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year0.554.802.302.001.701.401.401.033
  • 3-for-1 split · 15 Sept 2022
  • 11-for-10 split · 28 Sept 2017
  • 10-for-1 split · 16 Mar 2017
  • 3-for-1 split · 14 Sept 2015

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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