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

Bharat Electronics Limited's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 1.81700
forwardPE 41.53532
debtToEquity 0.27300
earningsGrowth 0.17300
revenueGrowth 0.25800
grossMargins 0.48696
operatingMargins 0.27204
trailingEps 7.80000
forwardEps 9.88797

BEL's current ratio, being 1.817, means the company is well-positioned to meet its short-term debt obligations. This reflects BEL's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
Positive earnings and revenue growth for BEL suggest that the company is expected to grow its business. This trend reflects strong financial performance, with continued profitability and sales increases indicating a bright outlook for future expansion.
Bharat Electronics Limited's positive gross and operating margins suggest that the company is operating profitably. These strong margins indicate effective cost management and revenue generation, contributing to a solid financial foundation.
With a forward EPS greater than its trailing EPS, Bharat Electronics Limited is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.

Price projections:

Price projections for BEL
Price projections for BEL

BEL's price has often been near the lower end of the projected range. This ongoing trend suggests that investor confidence might be waning, and the stock could face challenges in gaining upward momentum.

Recommendation changes over time:

Recommendations trend for BEL
Recommendations trend for BEL


With analysts showing a buy bias for Bharat Electronics Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning Bharat Electronics Limited as a safe and profitable place for investors to allocate their funds and seek growth.