BEL

Bharat Electronics Share Price Bharat Electronics

₹205.35
1.1 (0.54%)
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  • Hold
28 February, 2024 07:44 BSE: 500049 NSE: BELISIN: INE263A01024

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Bharat Electronics Performance

Day Range

  • Low 203
  • High 209
₹ 205

52 Week Range

  • Low 90
  • High 209
₹ 205
  • Open Price204
  • Previous Close204
  • Volume28877205

Bharat Electronics Share Price

  • Over 1 Month 8.25%
  • Over 3 Month 46.31%
  • Over 6 Month 53.94%
  • Over 1 Year 115.25%

Bharat Electronics Key Statistics

P/E Ratio 42.1
PEG Ratio 1.4
Market Cap Cr 150,106
Price to Book Ratio 10.8
EPS 4.1
Dividend 0.9
Relative Strength Index 70.88
Money Flow Index 77.35
MACD Signal 2.88
Average True Range 6
Bharat Electronics Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,1373,9933,5116,327
Operating Expenses Qtr Cr 3,0872,9892,8464,632
Operating Profit Qtr Cr 1,0491,0046641,825
Depreciation Qtr Cr 100100101109
Interest Qtr Cr 1212
Tax Qtr Cr 279261173416
Net Profit Qtr Cr 8938125311,365
IndicatorMar 2023
Total Revenue Annual Cr 18,006
Operating Expenses Annual Cr 13,599
Operating Profit Annual in Cr 4,048
Depreciation Cr 408
Interest Annual Cr 15
Tax Annual Cr 978
Net Profit Annual Cr 3,007
IndicatorMar 2023
Cash from Operating Activity Annual Cr 1,155
Cash from Investing Activity Annual Cr 2,782
Cash from Financing Annual Activity Cr -1,312
Net Cash Flow Annual Cr 2,625
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 13,582
Fixed Assets Annual Cr 3,513
Total Non Current Assets Annual Cr 5,151
Total Current Assets Annual Cr 29,903
Total Assets Annual Cr 35,054
IndicatorMar 2023
Book Value Per Share Annual Rs 19
ROE Annual % 22
ROCE Annual % 27
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 25
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,1624,0093,5336,345
Operating Expenses Qtr Cr 3,0902,9952,8604,647
Operating Profit Qtr Cr 1,0731,0146731,832
Depreciation Qtr Cr 107108109114
Interest Qtr Cr 1212
Tax Qtr Cr 284261174415
Net Profit Qtr Cr 8607895391,382
IndicatorMar 2023
Total Revenue Annual Cr 18,015
Operating Expenses Annual Cr 13,649
Operating Profit Annual in Cr 4,086
Depreciation Cr 429
Interest Annual Cr 15
Tax Annual Cr 983
Net Profit Annual Cr 2,984
IndicatorMar 2023
Cash from Operating Activity Annual Cr 1,267
Cash from Investing Activity Annual Cr 2,691
Cash from Financing Annual Activity Cr -1,313
Net Cash Flow Annual Cr 2,645
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 13,862
Fixed Assets Annual Cr 3,818
Total Non Current Assets Annual Cr 5,443
Total Current Assets Annual Cr 30,048
Total Assets Annual Cr 35,491
IndicatorMar 2023
Book Value Per Share Annual Rs 19
ROE Annual % 22
ROCE Annual % 26
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 25

Bharat Electronics Technicals

EMA & SMA

Current Price
₹205.35
1.1 (0.54%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹190.82
  • 50 Day
  • ₹182.05
  • 100 Day
  • ₹168.77
  • 200 Day
  • ₹150.42
  • 20 Day
  • ₹187.53
  • 50 Day
  • ₹185.23
  • 100 Day
  • ₹163.96
  • 200 Day
  • ₹145.07

Bharat Electronics Resistance and Support

PIVOT
₹205.82
Resistance
First Resistance 208.53
Second Resistance 211.72
Third Resistance 214.43
RSI 70.88
MFI 77.35
MACD Single Line 2.88
MACD 5.11
Support
First Resistance 202.63
Second Resistance 199.92
Third Resistance 196.73

Bharat Electronics Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 29,980,033 1,460,327,407 48.71
Week 38,526,735 1,666,666,539 43.26
1 Month 26,726,376 1,314,937,699 49.2
6 Month 19,833,873 1,011,924,193 51.02

Bharat Electronics Result Highlights

Bharat Electronics Synopsis

NSE-Aerospace/Defense

Bharat Electroni is involved in the business activities of Manufacture of communication equipment. Company’s Total Operating Revenue is Rs. 17646.20 Cr. and Equity Capital is Rs. 730.98 Cr. for the Year ended 31/03/2023. 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 150,106
Sales 18,097
Shares in Float 358.18
No of funds 1183
Yield 0.63
Book Value 11.05
U/D Vol ratio 1.4
LTDebt / Equity
Alpha 0.13
Beta 1.48

Bharat Electronics

Owner NameDec-23Sep-23Jun-23Mar-23
Promoters 51.14%51.14%51.14%51.14%
Mutual Funds 18.33%18.85%19.33%20.07%
Insurance Companies 3.63%4.04%4.28%4.14%
Foreign Portfolio Investors 17.77%17.19%17.35%16.42%
Financial Institutions/ Banks 0.01%0.01%0.01%0.08%
Individual Investors 6.76%6.61%5.79%6.14%
Others 2.36%2.16%2.1%2.01%

Bharat Electronics Management

Name Designation
Mr. Bhanu Prakash Srivastava Chairman & Managing Director
Mr. Manoj Jain Director - R & D
Mr. S Damodar Bhattad Director - Finance & CFO
Mr. N Vikraman Director - Human Resources
Mr. K V Suresh Kumar Director - Marketing
Mr. T Natarajan Government Nominee Director
Dr. Binoy Kumar Das Government Nominee Director
Dr. P V Parthasarathi Non Official PartTime (Ind.) Director
Mr. Mansukhbhai S Khachariya Non Official PartTime (Ind.) Director
Dr. N Santhoshkumar Non Official PartTime (Ind.) Director
Mr. Prafulla Kumar Choudhury Non Official PartTime (Ind.) Director
Dr. Shivnath Yadav Non Official PartTime (Ind.) Director
Mr. Gokulan Bangakandy Non Official PartTime (Ind.) Director
Mrs. Shyama Singh Non Official PartTime (Ind.) Director

Bharat Electronics Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bharat Electronics Corporate Action

Date Purpose Remarks
2024-01-29 Quarterly Results & Interim Dividend
2023-10-28 Quarterly Results
2023-07-27 Quarterly Results
2023-05-20 Audited Results & Final Dividend
2023-03-17 Interim Dividend
Date Purpose Remarks
2024-02-10 INTERIM Rs.0.70 per share(70%)Interim Dividend
2023-03-25 INTERIM Rs.0.60 per share(60%)Second Interim Dividend
2023-02-10 INTERIM Rs.0.60 per share(60%)Interim Dividend
2022-03-26 INTERIM Rs.1.50 per share (150%) Second Interim Dividend
2022-02-10 INTERIM Rs.1.50 per share(150%)Interim Dividend
Date Purpose Remarks
2022-09-16 Bonus Re.0.00 issue in the ratio of 2:1 of Re. 1/-.

About Bharat Electronics

Bharat Electronics Limited (BEL) is a prestigious Navratna Public Sector Undertaking (PSU) under the Ministry of Defence, Government of India. Since its inception in 1954, BEL has contributed to India's self-reliance in developing indigenous industries. The company's growth and success are attributed to the visionary leadership of its pioneers, the dedication of its employees, the trust of its customers, and the support from the Indian government.

Over the past six decades, BEL has evolved from manufacturing essential communication equipment in collaboration with CSF, France (now Thales), to becoming a leader in various cutting-edge technologies. The company produces a wide range of state-of-the-art electronic products and systems, catering to the needs of the Army, Navy, and Air Force. Its product portfolio includes Radars, Defence Communication, Naval Systems, Weapon Systems, C4I Systems, Homeland Security, Electronic Warfare, Telecom & Broadcast Systems, Tank Electronics, Professional Electronic Components, Solar Photovoltaic Systems, Electro-Optics, and more. BEL also offers turnkey system solutions.

With its headquarters in Bangalore, BEL has expanded its presence across the country by establishing additional units in Ghaziabad, Chennai, Machilipatnam, Pune, Panchkula, Navi Mumbai, Kotdwara, and Hyderabad. Each unit focuses on specific product lines and customer segments. Additionally, BEL has a vast network of offices and service centres throughout India and overseas offices in New York and Singapore.

Though initially founded to meet the specialized electronic equipment requirements of the Indian Defence Services, BEL has also made significant strides in the civilian market. It offers products like Tablet PCs, Electronic Voting Machines, solar-powered traffic signal systems, and Access Control Systems. The company also exports some of its products and services to various countries, enhancing India's global presence in defence electronics.

BEL's commitment to the government's 'Make in India' initiative aligns perfectly with its mission to contribute to the nation's growth and self-reliance. As a leading defence electronics manufacturer and a key player in the civilian market, BEL continues to play a vital role in the development and progress of India's technological landscape.

The History of Bharat Electronics

On April 1, 1954, Bharat Electronics Limited was founded by the Indian government's Ministry of Defence. It was established as a PSU to meet the Indian Armed Forces' expanding need for defence electronics. BEL opened its first facility in Bengaluru, Karnataka, to produce the first batch of domestic communication equipment.

For the Indian Armed Forces, BEL went into designing and developing a range of electronic devices, including radars, communication systems, and countermeasures. Electronic voting machines (EVMs) for the Election Commission of India and airport X-ray baggage inspection systems are now part of BEL's expanding product line.

BEL made substantial technological and indigenization advancements, becoming a significant force in India's defence electronics market. The business expanded into industries including optoelectronic devices, naval systems, and electronic warfare systems.

BEL updated its production facilities and concentrated on R&D to keep up with the fast-changing world of defence technology. BEL kept growing its product line by incorporating cutting-edge electronic systems and technologies to cater to the demanding requirements of the armed services.

Bharat Electronics- Some Important Facts

● Bharat Electronics Limited was founded in 1954 by the Indian government's Ministry of Defence. It was established in Bangalore, Karnataka (now Bengaluru).
● BEL's main business is designing, developing, producing, and delivering cutting-edge electronic systems and products for civilian and defence purposes in India.
● The company's product offerings include radar, sonars, communication devices, electronic warfare systems, naval systems, surveillance systems, and other cutting-edge defence electronics.
● In addition to servicing the Indian Armed Forces, BEL has established itself as a dependable supplier to many international nations, shipping its goods to more than 30 nations worldwide.

Bharat Electronics- Awards Received 

● The Government of India has granted Bharat Electronics Limited (BEL) the prestigious "Navratna" status.

● BEL received the esteemed Raksha Mantri Awards for "Excellence 2011-12" in various categories, including Best Performance in Exports, Indigenization, Innovation, and Design Efforts.

● Recognizing its exceptional human resource management practices, BEL was honoured with the SCOPE Meritorious Award for Excellence in 2012-13.

● BEL's noteworthy contributions to technology development and innovation in defence applications were recognized with the Society of Defence Technologists (SODET) Awards for 2011-12 and 2012-13.

● For its outstanding achievements in implementing Six Sigma projects, BEL was awarded 12 Gold Medals in the competition conducted by the Quality Circle Forum of India (QCFI).

● BEL's excellence in export operations in the "Electronics and Communication - Medium and Large Enterprise" category earned the company the prestigious "Karnataka State Export Excellence" Award for 2011-12 and 2012-13.

Today, Bharat Electronics Limited is India's premier defence electronics company, providing various products and solutions for defence and civilian applications. It plays a crucial role in enhancing the country's self-reliance in defence technology.

Bharat Electronics FAQs

What is Share Price of Bharat Electronics ?

Bharat Electronics share price is ₹205 As on 28 February, 2024 | 07:30

What is the Market Cap of Bharat Electronics ?

The Market Cap of Bharat Electronics is ₹150106.3 Cr As on 28 February, 2024 | 07:30

What is the P/E ratio of Bharat Electronics ?

The P/E ratio of Bharat Electronics is 42.1 As on 28 February, 2024 | 07:30

What is the PB ratio of Bharat Electronics ?

The PB ratio of Bharat Electronics is 10.8 As on 28 February, 2024 | 07:30

Q2FY23