Bharat Electronics revenue and financials

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Close · October 6, 2026

In the fiscal year ended March 2026, Bharat Electronics reported revenue of ₹267.96B (+15.92% year over year). Net income was ₹60.62B, a net margin of 22.6%.

Annual revenue · 2026: ₹267.96B
  1. ₹174.04B2023
  2. ₹199.05B2024
  3. ₹231.17B2025
  4. ₹267.96B2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+15.92%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
+13.92%
FY to Mar 2026 vs FY to Mar 2025
Net margin
22.6%
FY to Mar 2025: 23.0%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Balance sheet · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022
Total assets445,375408,319395,267354,912—
Current assets380,569348,579340,630300,477—
Cash and equivalents18,8807,13512,06339,457—
Short-term investments66,96688,84199,27442,875—
Inventory101,75591,19074,46964,480—
Net property, plant and equipment39,78936,94532,75530,784—
Other intangible assets8,8477,8956,8407,622—
Long-term investments1,7471,6141,5162,007—
Current liabilities192,598197,525220,267205,658—
Accounts payable35,83433,38837,06333,304—
Long-term debt0.00.00.00.0—
Total debt655612625613—
Total liabilities205,304208,390231,823216,118—
Total equity (incl. minority)240,071199,928163,444138,794—
Retained earnings182,933147,146114,74493,518—
Minority interest188189179178—