
Bharat Electronics Ltd
NSE: BEL BSE: 500049
₹429.65
(-0.75)%
Fri, 06 Feb 2026, 09:29 pm
Market Cap3164.04B
PE Ratio52.66
Dividend0.55
Financials
| Particulars | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 36.55B | 40.48B | 42.07B | 47.47B | 53.64B | 56.32B | 57.92B | 61.58B | 63.44B | 69.05B | 72.86B | 84.29B | 101.64B | 119.69B | 127.23B | 139.42B | 152.28B | 175.82B | 201.51B | 234.64B |
| Gross profit | 9.89B | 12.19B | 12.42B | 13.30B | 9.62B | 13.97B | 11.51B | 12.60B | 16.03B | 18.27B | 24.33B | 27.62B | 23.77B | 34.80B | 29.44B | 34.30B | 36.78B | 47.64B | 63.45B | 78.55B |
| Operating expenses (excl. COGS) | -2.04B | -3.38B | -3.02B | -2.91B | -1.59B | -5.61B | -7.34B | -8.26B | -9.40B | -9.56B | -12.50B | -12.10B | -6.21B | -7.78B | -5.29B | -5.11B | -7.11B | -10.57B | -16.09B | -14.45B |
| Selling/general/admin expenses, total | — | -3.08B | -2.36B | -2.23B | -1.34B | -4.87B | -5.96B | -6.57B | -6.20B | -7.21B | -8.56B | -9.59B | -2.84B | -3.55B | -2.97B | -2.83B | -3.63B | -4.00B | -4.75B | -5.41B |
| Research & development | — | — | — | — | 0 | -3.29B | -3.99B | -4.57B | -4.27B | -4.95B | -6.22B | -7.08B | -8.83B | — | — | -8.73B | -10.45B | -10.88B | -12.36B | -14.72B |
| Selling/general/admin expenses, other | — | -3.08B | -2.36B | -2.23B | -1.34B | -1.58B | -1.98B | -2.00B | -1.93B | -2.25B | -2.34B | -2.51B | -2.84B | -3.55B | -2.97B | 5.90B | 6.82B | 6.88B | 7.61B | 9.31B |
| Other operating expenses, total | -2.04B | -303.77M | -666.16M | -674.62M | -248.01M | -746.88M | -1.38B | -1.69B | -3.20B | -2.36B | -3.94B | -2.51B | -3.37B | -4.23B | -2.33B | -2.29B | -3.48B | -6.57B | -11.34B | -9.04B |
| Operating income | 7.85B | 8.81B | 9.40B | 10.40B | 8.03B | 8.30B | 4.17B | 4.34B | 6.63B | 8.70B | 11.82B | 15.52B | 17.56B | 27.02B | 24.14B | 29.18B | 29.67B | 37.07B | 47.36B | 64.10B |
| Non-operating income, total | 852.40M | 1.88B | 2.44B | 660.85M | 2.67B | 3.58B | 6.86B | 7.14B | 5.43B | 6.43B | 5.41B | 4.30B | 2.01B | -732.80M | 641.00M | 233.80M | 1.99B | 2.16B | 5.31B | 6.89B |
| Interest expense, net of interest capitalized | -258.36M | -8.38M | -3.01M | -108.28M | -5.85M | -4.59M | -6.62M | -8.22M | -17.68M | -63.27M | -57.50M | -176.70M | -60.30M | -44.30M | -76.10M | -96.10M | -84.20M | -188.20M | -118.80M | -123.90M |
| Interest capitalized | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-operating income, excl. interest expenses | 1.16B | 1.90B | 2.23B | 1.54B | 3.00B | 3.38B | 6.90B | 7.19B | 5.44B | 6.48B | 5.54B | 4.48B | 2.07B | 204.00M | 841.80M | 1.21B | 2.07B | 2.54B | 6.39B | 7.03B |
| Non-operating interest income | 738.23M | 1.26B | 1.89B | 1.70B | 1.77B | 2.51B | 5.86B | 5.65B | 4.27B | 4.49B | 4.67B | 3.46B | 1.62B | 577.40M | 925.70M | 638.80M | 1.80B | 2.63B | 5.87B | 6.48B |
| Miscellaneous non-operating expense | 424.92M | 633.25M | 340.80M | -155.82M | 1.22B | 874.97M | 1.04B | 1.53B | 1.18B | 2.00B | 876.90M | 1.02B | 451.20M | -373.40M | -83.90M | 566.70M | 278.30M | -92.30M | 519.50M | 550.40M |
| Unusual income/expense | -52.39M | -8.59M | 216.29M | -775.03M | -315.24M | 200.05M | -31.10M | -39.05M | 6.48M | 7.36M | -76.77M | — | 0 | -892.50M | -124.70M | -875.60M | 0 | -195.00M | -966.60M | -12.90M |
| Pretax income | 8.71B | 10.69B | 11.84B | 11.06B | 10.71B | 11.88B | 11.03B | 11.47B | 12.06B | 15.13B | 17.31B | 19.83B | 19.57B | 26.28B | 24.78B | 29.42B | 31.66B | 39.23B | 52.66B | 70.99B |
| Taxes | -2.72B | -3.36B | -3.46B | -3.53B | -3.33B | -3.09B | -2.56B | -2.36B | -2.54B | -3.16B | -4.27B | -4.86B | -5.50B | -7.80B | -6.86B | -8.72B | -8.12B | -9.83B | -13.23B | -18.12B |
| Non-controlling/minority interest | -4.33M | -5.88M | -808.00K | 2.74M | -1.64M | -3.21M | -5.88M | -4.15M | -3.58M | 1.58M | 6.40M | 2.10M | 6.90M | -2.70M | -8.70M | -8.20M | -13.50M | -18.20M | -7.20M | -12.40M |
| After tax other income/expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income before discontinued operations | 5.98B | 7.32B | 8.37B | 7.53B | 7.37B | 8.78B | 8.47B | 9.11B | 9.51B | 11.97B | 13.37B | 15.24B | 14.32B | 18.86B | 18.24B | 20.99B | 23.99B | 29.84B | 39.85B | 53.21B |
| Net income | 5.98B | 7.32B | 8.37B | 7.53B | 7.37B | 8.78B | 8.47B | 9.11B | 9.51B | 11.97B | 13.37B | 15.24B | 14.32B | 18.86B | 18.24B | 20.99B | 23.99B | 29.84B | 39.85B | 53.21B |
| Dilution adjustment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted net income available to common stockholders | 5.98B | 7.32B | 8.37B | 7.53B | 7.37B | 8.78B | 8.47B | 9.11B | 9.51B | 11.97B | 13.37B | 15.24B | 14.32B | 18.86B | 18.24B | 20.99B | 23.99B | 29.84B | 39.85B | 53.21B |
| Basic earnings per share (Basic EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Diluted earnings per share (Diluted EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 8.75B | 9.74B | 10.40B | 11.53B | 9.26B | 9.62B | 5.43B | 5.70B | 8.13B | 10.37B | 13.74B | 17.64B | 20.28B | 30.40B | 27.86B | 33.06B | 33.68B | 41.36B | 51.79B | 68.77B |
| EBIT | 7.85B | 8.81B | 9.40B | 10.40B | 8.03B | 8.36B | 4.17B | 4.34B | 6.63B | 8.70B | 11.82B | 15.52B | 17.56B | 27.02B | 24.14B | 29.18B | 29.67B | 37.07B | 47.36B | 64.10B |
| Total operating expenses | -28.70B | -31.68B | -32.67B | -37.07B | -45.61B | -48.02B | -53.75B | -57.24B | -56.81B | -60.34B | -61.04B | -68.77B | -84.07B | -92.68B | -103.08B | -110.24B | -122.61B | -138.75B | -154.15B | -170.54B |
| Prepaid expenses | 590.77M | 7.33B | 10.49B | 22.16B | 21.91B | 11.15B | 10.13B | 9.47B | 149.59M | 184.98M | 274.70M | 1.36B | 9.43B | 16.36B | 14.77B | 1.17B | 1.15B | 1.14B | 11.79B | 417.00M |
| Deferred income, current | — | — | — | — | — | — | — | — | 52.56B | 49.64B | 63.22B | 61.02B | 70.55B | 73.25B | 88.73B | 118.77B | 145.79B | 149.70B | 160.16B | 139.65B |
| Capital and operating lease obligations | 12.94M | 12.94M | 18.68M | 16.27M | 10.67M | 7.02M | 1.33M | 2.18M | 2.70M | 3.46M | 0 | 0 | 0 | 0 | 18.30M | 515.10M | 515.10M | 594.20M | 602.50M | 586.90M |
| Operating lease liabilities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Deferred tax liabilities | 384.76M | 409.18M | 420.36M | 430.75M | 439.54M | 424.37M | 429.02M | 547.04M | 539.25M | 687.20M | 1.09B | 1.33B | 2.21B | 3.43B | 3.58B | 2.38B | 2.23B | 2.21B | 2.20B | 2.36B |
| Deferred income, non-current | — | — | — | — | — | — | — | — | — | — | 187.60M | 146.90M | 87.70M | 47.50M | 1.82B | 0 | — | — | — | — |
| Minority interest | 16.48M | 22.26M | 23.19M | 20.44M | 22.05M | 25.19M | 30.11M | 34.13M | 37.67M | 61.05M | 47.70M | 137.20M | 130.30M | 133.00M | 141.70M | 149.90M | 163.40M | 177.50M | 179.20M | 189.40M |
| Change in accrued expenses | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Common dividends paid | -1.02B | -1.34B | -1.87B | -1.94B | -1.75B | -1.80B | -2.38B | -1.57B | -2.09B | -2.20B | -2.94B | -6.83B | -8.20B | -5.66B | -9.80B | -10.23B | -10.23B | -12.43B | -14.62B | -16.81B |
| Preferred dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800