Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Aerospace & Defense

Bharat Electronics Limited designs, manufactures, and supplies electronic equipment and systems for the defense and civilian markets in India. The company's defense products include defense communication products, land-based radars, naval systems, electronic warfare systems, avionics, electro optics, tank and armored fighting vehicle electronic systems, weapon systems, C4I systems, shelters and masts, simulators, and batteries; microwave tubes and power modules, microwave super components, digital multichannel data recorders, and hybrid micro circuits; and micro-electro mechanical systems, such as pressure transducers, and conductivity temperature and depth sensors. Its non-defense products comprise e-governance systems, homeland security products, civilian radars, and telecom and broadcast systems; integrated traffic management systems, real time train information systems, and solar power solutions; and PD and strategic products, silicon radiation detectors, passive vacuum devices, EMI filters, and multichannel voice logging recorder systems. The company also offers electronic manufacturing services, including PCB assembly and testing, precision machining and fabrication, opto-electronic components and assemblies, microwave integrated circuit assemblies, super components modules, cable assemblies and wiring harnesses, and antennae manufacturing services; designs and manufactures transformers, coils, chokes, and sub-assemblies; and software services. In addition, it offers cyber security products, such as data diodes and secure storage products; EV charging stations; and platform screen doors. Further, the company provides security architecture conceptualization and consulting, and information security audit services. It exports its products to the United States, France, China, Germany, Switzerland, ASEAN countries, Mauritius, the Republic of Armenia, Sri Lanka, Sweden, and Israel. The company was incorporated in 1954 and is headquartered in Bengaluru, India.

Revenue projections:

Revenue projections for BEL
Revenue projections for BEL

BEL is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.

Financial Ratios:

currentRatio 1.765000
forwardPE 40.757298
debtToEquity 0.306000
earningsGrowth 0.183000
revenueGrowth 0.068000
grossMargins 0.487260
operatingMargins 0.292740
trailingEps 7.300000
forwardEps 7.640000

With a current ratio 1.765, BEL demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
BEL's positive gross and operating margins reflect its ability to generate profits from operations. These margins demonstrate efficient cost control and profitability, indicating strong financial health for the company.
Bharat Electronics Limited's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for Bharat Electronics Limited's financial performance.

Price projections:

Price projections for BEL
Price projections for BEL

Price projections for Bharat Electronics Limited have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in Bharat Electronics Limited's market potential.

Recommendation changes over time:

Recommendations trend for BEL
Recommendations trend for BEL


Bharat Electronics Limited has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see Bharat Electronics Limited as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.