TickerKhojDefence & Aerospace · Aerospace & Defense · NSE: BEL · data 2026-11-02
Bharat Electronics Limited
In plain words
Price: 20.7% below its 52-week high of ₹473.45.
Delivery: 52.1% of traded shares were kept for delivery over the last 10 sessions, against 56.2% over the last 60.
Latest results: a net profit of ₹1,540 cr for the quarter ended Sept 2026 (+19.6% on the same quarter a year earlier).
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹30,253 cr |
| Net profit (last 12 months) | ₹6,399 cr |
| Sales growth, 3 years (yearly) | 15.6% |
| Profit growth, 3 years (yearly) | 26.6% |
At a glance
Promoters 51.1% (unchanged in a year), pledged 0.0%, institutions 38.9%.
P/E 42.9, P/B 10.4, dividend yield 0.7%. Price relative to earnings and book value (low is cheaper, not better).
ROE 27.6%, ROCE 32.4%, operating margin 26.1%: how much profit it earns on the money it uses.
Debt/equity 0.00, Profit growth 26.6% and sales growth 15.6% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Virtually debt-free (debt/equity 0.1 or less).
- High return on equity (27.6%).
- Healthy operating margin (26.1%).
- Profit grew 26.6% a year over 3 years.
None flagged by these rules.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q2 FY27)
BEL Q2 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹7,327.72 crore, up 26.5% YoY and up 32.1% QoQ.
Net profit was ₹1,540.19 crore, up 19.6% YoY and up 46.1% QoQ.
Operating margin was 27.9% (29.4% a year ago).
EPS was ₹2.11, up 19.9% YoY and up 46.5% QoQ.
BEL के Q2 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹7,327.72 करोड़; पिछले साल की तुलना में 26.5% की बढ़त, पिछली तिमाही की तुलना में 32.1% की बढ़त।
शुद्ध मुनाफ़ा: ₹1,540.19 करोड़; पिछले साल की तुलना में 19.6% की बढ़त, पिछली तिमाही की तुलना में 46.1% की बढ़त।
ऑपरेटिंग मार्जिन: 27.9% (एक साल पहले 29.4%)।
EPS: ₹2.11; पिछले साल की तुलना में 19.9% की बढ़त, पिछली तिमाही की तुलना में 46.5% की बढ़त।
BELના Q2 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹7,327.72 કરોડ; ગયા વર્ષની સરખામણીએ 26.5% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 32.1% વધારો.
ચોખ્ખો નફો: ₹1,540.19 કરોડ; ગયા વર્ષની સરખામણીએ 19.6% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 46.1% વધારો.
ઓપરેટિંગ માર્જિન: 27.9% (એક વર્ષ પહેલાં 29.4%).
EPS: ₹2.11; ગયા વર્ષની સરખામણીએ 19.9% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 46.5% વધારો.
Written from the filed numbers. Not a recommendation.
Smart-money activity
21/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 0/30: Delivery 55.1% over the last 20 sessions vs 57.0% in the 40 before (0.97x); shares delivered per day 0.97x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 15/15: 58 schemes hold it, about ₹13,306 cr in all (as of 2026-09-30). Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 1/15: Verdict "None", sustained score 26/100.
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Results ● Order ● Dividend
- 30 Oct 26Results Q2 FY27 results: profit +19.6% YoY
- 21 Oct 26Order Order win: ₹1,011 cr from Cumulative Order -3.4% next session
- 13 Oct 26Order Order win: ₹533 cr from NOT APPLICABLE +2.3% next session
- 13 Aug 26Dividend Dividend ₹0.55 (ex-date) +1.3% next session
- 27 Jul 26Results Q1 FY27 results: profit +8.7% YoY -4.0% next session
- 19 May 26Results Q4 FY26 results: profit +4.6% YoY -3.1% next session
- 6 Mar 26Dividend Dividend ₹1.95 (ex-date) -0.6% next session
- 28 Jan 26Results Q3 FY26 results: profit +20.5% YoY +6.9% next session
- 31 Oct 25Results Q2 FY26 results: profit +17.9% YoY +3.0% next session
- 14 Aug 25Dividend Dividend ₹0.9 (ex-date) -1.6% next session
- 28 Jul 25Results Q1 FY26 results: profit +22.6% YoY -1.8% next session
- 19 May 25Results Q4 FY25 results: profit +18.4% YoY 0.0% next session
- 11 Mar 25Dividend Dividend ₹1.5 (ex-date) +1.7% next session
- 30 Jan 25Results Q3 FY25 results: profit +52.5% YoY +9.5% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Sept 2026 | ₹7,328 cr | ₹1,540 cr | +19.6% | 27.9% | 2.11 |
| Jun 2026 | ₹5,547 cr | ₹1,054 cr | +8.7% | 25.0% | 1.44 |
| Mar 2026 | ₹10,224 cr | ₹2,225 cr | +4.6% | 29.2% | 3.04 |
| Dec 2025 | ₹7,154 cr | ₹1,579 cr | +20.5% | 29.7% | 2.16 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 51.14% | 51.14% | 51.14% | 51.14% |
| Foreign institutions (FII) | 16.98% | 18.02% | 19.50% | 18.51% |
| Domestic institutions (DII) | 21.88% | 21.02% | 19.99% | 20.48% |
| Mutual funds | 14.90% | 14.99% | 14.28% | 14.82% |
| Retail investors | 8.26% | 8.12% | 7.67% | 8.08% |
| Number of shareholders | 26,45,635 | 26,04,298 | 25,30,896 | 25,43,622 |
Common questions
What was Bharat Electronics Limited's latest quarterly profit?
Bharat Electronics Limited reported a net profit of ₹1,540 cr for the quarter ended Sept 2026 (+19.6% on the same quarter a year earlier), on revenue of ₹7,328 cr.
How much do promoters hold in Bharat Electronics Limited?
Promoters held 51.14% of Bharat Electronics Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is Bharat Electronics Limited debt-free?
Its latest reported debt-to-equity ratio is 0, so it carries little or no borrowing on the balance sheet.
What is Bharat Electronics Limited's P/E ratio?
About 42.9, based on the last 12 months' earnings and a price of ₹375.45 (data 2026-11-02).
What is the 52-week high and low of Bharat Electronics Limited?
The 52-week high is ₹473.45 and the 52-week low is ₹354.55.
Mutual funds holding Bharat Electronics Limited
From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 58 schemes holding about ₹13,306 cr; funds that hold it outside their top holdings may not be listed.
| Scheme | Fund house | % of fund | Value |
|---|---|---|---|
| CPSE ETF | Nippon India Mutual Fund | 20.19% | ₹3,765 cr |
| SBI Nifty 50 ETF | SBI Mutual Fund | 1.33% | ₹2,700 cr |
| SBI BSE Sensex ETF | SBI Mutual Fund | 1.62% | ₹1,872 cr |
| NIPPON INDIA ETF NIFTY 50 BEES | Nippon India Mutual Fund | 1.33% | ₹867 cr |
| SBI PSU Fund | SBI Mutual Fund | 7.87% | ₹500 cr |
| Nippon India ETF BSE Sensex | Nippon India Mutual Fund | 1.62% | ₹450 cr |
| Mirae Asset Large & Midcap Fund | Mirae Asset Mutual Fund | 0.91% | ₹390 cr |
| Nippon India Growth Mid Cap Fund | Nippon India Mutual Fund | 0.77% | ₹386 cr |
| ADITYA BIRLA SUN LIFE NIFTY INDIA DEFENCE INDEX FUND | Aditya Birla Sun Life Mutual Fund | 19.96% | ₹281 cr |
| ADITYA BIRLA SUN LIFE PSU EQUITY FUND | Aditya Birla Sun Life Mutual Fund | 4.80% | ₹277 cr |
| Mirae Asset Large Cap Fund | Mirae Asset Mutual Fund | 0.62% | ₹221 cr |
| SBI Nifty Index Fund | SBI Mutual Fund | 1.33% | ₹175 cr |
| ADITYA BIRLA SUN LIFE LARGE & MID CAP FUND | Aditya Birla Sun Life Mutual Fund | 1.86% | ₹104 cr |
| Mirae Asset Aggressive Hybrid Fund | Mirae Asset Mutual Fund | 0.95% | ₹88 cr |
| Mirae Asset Nifty 50 ETF | Mirae Asset Mutual Fund | 1.33% | ₹69 cr |
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Bharat Electronics Limited | ₹375.45 | ₹2,69,804 cr | 42.9 | 10.5 | 27.6% | 32.4% | 0 | -9.3% |
| Hindustan Aeronautics Limited | ₹4,858.1 | ₹3,23,433 cr | 34.9 | — | 24% | 11.1% | 0 | +4.7% |
| Bharat Dynamics Ltd. | ₹1,001.4 | ₹35,740 cr | 70.5 | — | 10.2% | 1.9% | 0 | -33.8% |
| MTAR Technologies Ltd. | ₹6,532.5 | ₹21,031 cr | 106.3 | 21.5 | 12.1% | 14.8% | 0.46 | +158.7% |
| Aequs Ltd. | ₹213.72 | ₹14,285 cr | — | 10.1 | -10.3% | -2.9% | 0.47 | +52.7% |
| Paras Defence & Space Technologies Ltd. | ₹1,238 | ₹10,072 cr | 95.8 | 13 | 12.9% | 15.3% | 0.04 | +74.1% |
Compare BEL with HAL in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
Open BEL in TickerKhoj →