Bharat Electronics (BEL) Stock Price, Fundamentals & Analysis

What BEL does

Bharat Electronics (BEL) is a public company listed on the National Stock Exchange of India. It designs, manufactures, and supplies electronic equipment and systems for both defense and civilian customers in India. Its defense portfolio covers communication products, land-based and civilian radars, naval systems, electronic warfare, avionics, electro-optics, tank and armored vehicle electronics, weapon systems, C4I systems, simulators, batteries, components, fuzes, and unmanned systems, as well as microwave tubes, power modules, and micro-electro-mechanical systems such as pressure transducers. On the civilian side, it offers e-governance systems, homeland security products, telecom and broadcast systems, integrated traffic management, real-time train information systems, solar power solutions, and other specialized electronic components.

Key numbers explained

• 393.55 INR is the latest price per share, the amount a buyer pays for one unit of ownership in the company.
• The trailing P/E ratio of 47 compares the current share price to the last twelve months of earnings per share (8.38 INR); a higher P/E ratio often signals that investors expect faster future growth.
• The forward P/E ratio of 35 uses expected future earnings, showing how the market values the company relative to what analysts anticipate.
• Market capitalization of 2.88T INR is the total value of all outstanding shares, placing BEL among the larger companies in its space.
• The dividend yield of 0.64% shows the annual dividend as a percentage of the share price, with the ex-dividend date set for 13 aug. 2026; the company pays out 34% of its earnings as dividends.
• Beta of 0.28 suggests the stock has historically moved less than the broader market, a trait common in large industrial and defense names.
• Revenue growth of 24.9% year over year on 287.17B INR in trailing twelve-month revenue indicates strong top-line expansion.
• Profit margin of 21.4% and operating margin of 22.1% show how much of each rupee of revenue turns into profit after costs.

What to watch

Bharat Electronics operates in the aerospace and defense sector, where government contracts, export approvals, and defense budgets can drive demand. Investors often track order inflows, new contract announcements, and delivery timelines for large programs. Because BEL is part of the Nifty 50, broader index movements and sector rotations can affect its price. The company's exposure to both defense and civilian markets means it can be influenced by government policy, infrastructure spending, and technology upgrades. Currency fluctuations, raw material costs, and competition from peers such as Larsen & Toubro (LT) and Adani Ports & SEZ (ADANIPORTS) are also relevant factors. The next earnings report is scheduled for 29 oct. 2026.