Investment Ratings
As per analysts rating in the last 6 months, the recommendation is to HOLD Bharat Electron
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Master Rating:
-
Bharat Electronics has an operating revenue of Rs. 14,564.58 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 21% is great, ROE of 18% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 21% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 57 which is a POOR score indicating inconsistency in earnings, a RS Rating of 58 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 56 indicates it belongs to a fair industry group of Aerospace/Defense and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Bharat Electronics Ltd Forecast
Price Estimates
Eps And Sales Estimates
Bharat Electronics Ltd Synopsis
NSE-Aerospace/Defense
Bharat Electroni is involved in the business activities of Manufacture of data communications equipment, such as bridges, routers, and gateways. Company’s Total Operating Revenue is Rs. 14063.83 Cr. and Equity Capital is Rs. 243.66 Cr. for the Year ended 31/03/2021. Bharat Electronics Ltd. is a Public Limited Listed company incorporated on 21/04/1954 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L32309KA1954GOI000787 and registration number is 000787.-
Market Cap
INR 50,169.45 Cr
-
Sales
INR 14,499.73 Cr
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Shares in Float
119.39 Cr
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No of Funds
725 K
-
Yield
1.26%
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Book Value
4.64
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U/D Vol Ratio
1
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LTDebt/Equity
%
-
Alpha
0.1
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Beta
1.17
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 51.14% | 51.14% | 51.14% |
| Mutual Funds | 24.55% | 25.63% | 26.26% |
| Insurance Companies | 3.9% | 3.77% | 4.3% |
| Foreign Portfolio Investors | 14.1% | 11.58% | 10.25% |
| Financial Institutions/ Banks | 0.07% | 0.39% | 0.32% |
| Individual Investors | 5.03% | 6.02% | 6.07% |
| Others | 1.21% | 1.47% | 1.66% |
| Name | Designation |
|---|---|
| Mr. Dinesh Kumar Batra | Director - Finance & CFO |
| Mrs. Anandi Ramalingam | Director - Marketing |
| Mr. Vinay Kumar Katyal | Director |
| Mr. M V Rajasekhar | Director - R & D |
| Mr. Sunil Kumar Kohli | Independent Director |
| Mr. Anurag Bajpai | Part Time Govt.Director |
| Ms. J Manjula | Part Time Govt.Director |
Bharat Electronics Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 3660.56 | 1634.59 | 6757.05 | 2256.49 | 3164.99 |
| Operating Expenses Qtr Cr | 2804.11 | 1571.73 | 4937.77 | 1855.89 | 2565.17 |
| Operating Profit Qtr Cr | 856.45 | 62.86 | 1970.57 | 440.35 | 623.49 |
| Depreciation Qtr Cr | 94.11 | 92.21 | 91.66 | 94.49 | 91.39 |
| Interest Qtr Cr | 0.48 | 0.14 | 5.55 | 0.16 | 0.3 |
| Tax Qtr Cr | 215.14 | 4.02 | 578.15 | 106.96 | 162.17 |
| Net Profit Qtr Cr | 612.6 | 11.15 | 1352.38 | 261.86 | 397.05 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 14189.93 | 13023.05 | 12254.14 | 10522.71 | 9082.89 |
| Operating Expenses Annual Cr | 10882.71 | 10190.98 | 9222.52 | 8322.6 | 6850.17 |
| Operating Profit Annual in Cr | 3181.12 | 2730.13 | 2862.08 | 1999.73 | 1761.71 |
| Depreciation Cr | 366.33 | 349.64 | 316.22 | 251 | 191.52 |
| Interest Annual Cr | 6.08 | 3.26 | 12.21 | 1.27 | 11.78 |
| Tax Annual Cr | 869.39 | 685.34 | 775.9 | 548.55 | 481.8 |
| Net Profit Annual Cr | 2065.42 | 1793.83 | 1927.29 | 1399.29 | 1547.62 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | 5103.46 | 2532.53 | 1498.16 | -788.54 | -97.38 |
| Cash from Investing Activity Annual Cr | -2568.59 | -638.93 | -885.97 | 41.44 | 3148.19 |
| Cash from Financing Annual Activity Cr | -1075.44 | -1059.31 | -628.48 | -1200.64 | -2834.93 |
| Net Cash Flow Annual Cr | 1459.43 | 834.29 | -16.29 | -1947.74 | 215.88 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | 10807.89 | 9852.94 | 9018.91 | 7761.01 | 7508.54 |
| Fixed Assets Annual Cr | 3216.28 | 3202.56 | 2805.76 | 2439.89 | 1911.62 |
| Total Non Current Assets Annual Cr | 5437.16 | 5263.95 | 4660.97 | 4289.51 | 3134.53 |
| Total Current Assets Annual Cr | 23615.99 | 18647.14 | 15802.47 | 14233.31 | 14021.6 |
| Total Assets Annual Cr | 29053.15 | 23911.09 | 20463.44 | 18522.82 | 17156.13 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | 44.3564 | 40.4372 | 37.0143 | 31.8518 | 33.6163 |
| ROE Annual % | 19.11 | 18.2 | 21.36 | 18.02 | 20.61 |
| ROCE Annual % | 23.93 | 22.29 | 27.05 | 22.51 | 24.18 |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | 23.51 | 21.91 | 25.08 | 21.31 | 25.92 |
Bharat Electronics Ltd Technicals
EMA & SMA
CURRENT PRICE
205.9 
(0.02)
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- Bullish Moving Averages 9
- Bearish Moving Averages 7
EMA
-
20 Day
207.67
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50 Day
204.8
-
100 Day
194.18
-
200 Day
169.81
Bharat Electronics Ltd Resistance and support
204.55 PIVOT
-
First Resistance
207.6
-
Second Resistance
209.35
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Third Resistance
212.4
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First Support
202.8
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Second Support
199.75
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Third Support
198
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RSI
48.37
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MFI
50.64
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MACD
-0.92
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MACD signal line
0.37
Bharat Electronics Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 4,580,299 | 196,036,797 | 42.8% |
| Week | 6,680,815 | 287,675,877 | 43.06% |
| 1 Month | 6,903,314 | 260,185,918 | 37.69% |
| 6 Month | 10,045,574 | 328,088,447 | 32.66% |
Bharat Electronics Ltd Price change analysis
5.3
Over 1 month
Low High 188.8 228
15.75
Over 3 month
Low High 183.45 228
55.55
Over 6 months
Low High 140.5 228
92.35
Over Year
Low High 106.35 228Similar Stocks
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