Bharat Electronics

Quick check

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• DebtHighest safetyRated AAA by ICRA.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 25% and profit rose 8.9% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 51% of the company, about the same as in Jun 2025.
• ValuationNormal for this stockThe share trades at 43 times its yearly earnings (P/E), pricier than 52% of the time in the last 5 years. Its usual P/E is about 19.

Bharat Electronics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)43 against a typical 72.2: cheaper than most peers (1st = cheapest).6th of 33
• Sales growth+24.9% against a typical +30.4% from a year earlier.16th of 28
• Profit growth+8.9% against a typical +8.9% from a year earlier.14th of 27
• Share price, 3 months−5.1% against a typical −2%.20th of 32
• Size₹ 2,63,225.1 Cr. market value against a typical ₹ 4,442.2 Cr. (1st = largest).2nd of 28

Exchange filings and their impact on the company.

• 21 Oct 2026Press ReleaseLow impactPositivePrice −1.8% on 22 Oct
  BEL added Rs 1011 cr of new defence orders, lifting order book and supporting ~1-2% near-term revenue growth.

  Bharat Electronics (BEL) said on 21 Oct 2026 it has secured additional orders worth Rs 1011 crore since its last disclosure on 13 Oct 2026. Major orders include improved low-level lightweight radar, communication equipment, sonar, jammer, upgrades, spares and services. The inflow strengthens BEL's defence order book and should support modest revenue and profit growth over the next 12 months as the orders get executed.

  Full analysisFiling
• 13 Oct 2026Bagging/Receiving of orders/contractsLow impactPositivePrice +0.6% on 14 Oct
  BEL won Rs 533 crore of new defence orders, adding about 2% to near-term revenue visibility.

  Bharat Electronics (BEL) said on 13 October 2026 it has secured additional orders worth Rs 533 crore since its last disclosure on 17 September 2026. Major orders cover communication equipment, avionics, cyber security solutions, drones, jammers, software, upgrades, spares and services. The inflow adds about 2% to annual revenue visibility and supports near-term execution, but is small relative to BEL's Rs 27,610 crore FY26 revenue base.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Manoj Jain

Executive Chairman of the Board, Managing Director

Damodar S. Bhattad

Chief Financial Officer, Director - Finance, Whole Time Director

Sripada Sreenivas

Compliance Officer, Company Secretary

Rajnish Sharma

Whole Time Director, Director of Marketing, Director - Bangalore Complex

Vikraman Nagarajan

Director - Human Resources, Whole-Time Director

Kamesh Kasana

Director - Other Units, Whole Time Director

Harikumar Raghavan Nair

Director - Research & Development, Whole Time Director