Bharat Electronics Limited (BEL) is an Indian company that makes electronic products mainly for the Indian government, especially the defense sector. It was started in 1954 and is owned by the Government of India.
Bharat Electronics Limited helps in making the country stronger by building radars, communication systems, and other important electronic devices for the Indian Army, Navy, and Air Force.
Bharat Electronics Limited has many factories across India, including in Bengaluru, Ghaziabad, Pune, and Hyderabad. It also works on projects for space, healthcare, and smart cities. The company focuses on innovation and supports the “Make in India” initiative by creating advanced technology within the country.
Bharat Electronics Share Price Target (2025-2030)
| Year | Expected Share Price Target (₹) |
|---|---|
| 2025 | ₹300 – ₹350 |
| 2026 | ₹380 – ₹440 |
| 2027 | ₹450 – ₹520 |
| 2028 | ₹540 – ₹600 |
| 2029 | ₹620 – ₹680 |
| 2030 | ₹700 – ₹800 |
Bharat Electronics Share Price Target 2025
In 2025, BEL’s stock is expected to trade between ₹300 – ₹350, supported by strong defense contracts and government policies.
Bharat Electronics Share Price Target 2026
For 2026, the stock price may rise to ₹380 – ₹440, driven by expansion in electronic warfare, radar systems, and increasing exports.
Bharat Electronics Share Price Target 2027
By 2027, BEL could reach ₹450 – ₹520, as the company strengthens its international collaborations and innovation in defense electronics.
Bharat Electronics Share Price Target 2028
In 2028, the expected price range is ₹540 – ₹600, reflecting BEL’s growing role in India’s defense modernization efforts.
Bharat Electronics Share Price Target 2029
For 2029, BEL could trade between ₹620 – ₹680, with continued strong order books and government policies supporting domestic manufacturing.
Bharat Electronics Share Price Target 2030
By 2030, BEL’s share price is projected to reach ₹700 – ₹800, benefiting from technological advancements, space projects, and increasing exports.
Bharat Electronics Limited (BEL) – Fundamental Data
| Metric | Value |
|---|---|
| Market Cap | ₹2,16,187 Cr |
| P/E Ratio (TTM) | 43.30 |
| P/B Ratio | 12.24 |
| Industry P/E | 40.00 |
| Debt to Equity | 0.00 |
| ROE (Return on Equity) | 25.71% |
| EPS (TTM) | 6.83 |
| Dividend Yield | 0.74% |
| Book Value | 24.16 |
| Face Value | 1 |
Bharat Electronics Limited (BEL) – Income Statement (Dec 2024)
| Particulars | Dec ‘2024 (₹ Cr) |
|---|---|
| Revenue | ₹5,961 Cr |
| Expenses | ₹4,207 Cr |
| EBITDA | ₹1,858 Cr |
| EBIT | ₹1,755 Cr |
| Profit Before Tax | ₹1,754 Cr |
| Net Profit | ₹1,316 Cr |
Key Financial Ratios (Dec 2024)
| Ratio | Dec ‘2024 |
|---|---|
| Operating Profit Margin | 32.29% |
| Net Profit Margin | 22.86% |
| Earnings Per Share (Diluted) | ₹1.81 |
| Dividends Per Share | ₹1.50 |
Read More: NTPC Share Price Target
Bharat Electronics Limited (BEL) – Balance Sheet (2024)
| Particulars | 2024 (₹ Cr) |
|---|---|
| Total Assets | ₹39,527 Cr |
| Current Assets | ₹34,063 Cr |
| Non-Current Assets | ₹5,464 Cr |
| Total Liabilities | ₹23,182 Cr |
| Current Liabilities | ₹22,027 Cr |
| Non-Current Liabilities | ₹1,156 Cr |
| Total Equity | ₹16,344 Cr |
| Common Stock | ₹730.98 Cr |
| Other Equity | ₹15,595 Cr |
| Debt to Equity | 0.00 |
| Book Value | ₹22.34 |
Bharat Electronics Limited (BEL) – Shareholding Pattern (Dec 2024)
| Category | Holding (%) |
|---|---|
| Promoters | 51.14% |
| Foreign Institutions (FIIs) | 17.35% |
| Mutual Funds | 16.17% |
| Retail & Others | 10.58% |
| Other Domestic Institutions | 4.77% |
Conclusion
Bharat Electronics Limited (BEL) remains a key player in India’s defense and electronics industry, with strong financials, no debt, and continuous innovation. The company’s expanding global presence, government backing, and focus on self-reliance make it a long-term investment opportunity.
FAQ
Is Bharat Electronics Limited a good investment?
BEL has strong financials, zero debt, and consistent revenue growth. With the Indian government’s focus on self-reliance in defense, BEL is expected to benefit from increasing defense budgets and export opportunities, making it a potential long-term investment.
Does Bharat Electronics Limited pay dividends?
Yes, BEL pays dividends regularly. As of Dec 2024, the dividend per share was ₹1.50, making it a dividend-paying stock for long-term investors.
What are the Products of BEL?
Radars & Sonars
Electronic Warfare Systems
Communication Equipment
Missile Systems
Cyber Security Solutions
Smart City and Healthcare Solutions
Does BEL export its products?
Yes, BEL exports defense and electronic products to over 30 countries, including the USA, France, Indonesia, and Sri Lanka. Its export revenue is increasing every year.
