Bharat Electronics

BEL · NSE · INR

₹383.10Change from previous close: −1.34%Absolute change: −₹5.20

Close · October 1, 2026

Valuation

Data as of October 3, 2026

Valuation multiples

Market cap
₹2.8T
Enterprise value
₹2.72T
P/E (trailing 12 months)
45.7
Forward P/E
34.1
Price/book
11.7
Price/sales
9.75
EV/EBITDA
33.2
EV/revenue
9.46

Profitability and growth

Gross margin
47.8%
Operating margin
22.1%
Net margin
21.4%
Revenue growth (year over year)
24.9%
Earnings growth (year over year)
8.3%

Financial health

Total cash
₹85.72B
Total debt
₹654.6M
Debt/equity
0.00

Dividends

Annual dividend per share
₹2.50
Dividend yield
0.6%
Payout ratio
33.9%
Ex-dividend date
August 13, 2026

Analysts and estimates

Average price target
₹491.79
Median price target
₹500.00
High price target
₹550.00
Low price target
₹346.00
Analysts with a price target
33
Consensus
Strong buy
Forward EPS
₹11.24
EPS estimate, current year
₹9.53

Shares and trading

Beta
0.28
Average volume
10.74M
Shares outstanding
7.31B
Float
3.49B
Institutional ownership
29.0%
Insider ownership
53.4%