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

Investors may react cautiously to news that Bharat Electronics Limited's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 1.76500
forwardPE 44.15215
debtToEquity 0.30600
earningsGrowth 0.18300
revenueGrowth 0.06800
grossMargins 0.48726
operatingMargins 0.29274
trailingEps 7.27000
forwardEps 7.64000

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.
Bharat Electronics Limited's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
With BEL's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in BEL's growth potential, as improved earnings are forecasted compared to the prior year's performance.

Price projections:

Price projections for BEL
Price projections for BEL

Price projections for BEL have steadily increased, reflecting growing optimism about the company's future. This trend suggests that analysts believe BEL is well-positioned for continued success.

Recommendation changes over time:

Recommendations trend for BEL
Recommendations trend for BEL


The analysts' recent buy bias for Bharat Electronics Limited indicates strong confidence in the stock's future performance. This could encourage more investors to view Bharat Electronics Limited as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.