Bharat Electronics Ltd.

NSE: BEL BSE: 500049 SECTOR: Engineering - Industrial Equipments  235k   3k   621

88.95
-5.35 (-5.67%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 92.95

Today's Low

₹ 87

52 Week High

₹ 114.65

52 Week Low

₹ 62.33

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

65020.48 Cr.

Enterprise Value

57521.34 Cr.

No. of Shares

730.98 Cr.

P/E

23.49

P/B

5.13

Face Value

₹ 1

Div. Yield

1.59 %

Book Value (TTM)

₹  17.35

CASH

7499.14 Cr.

DEBT

0 Cr.

Promoter Holding

51.14 %

EPS (TTM)

₹  3.79

Sales Growth

8.89%

ROE

20.61 %

ROCE

27.78%

Profit Growth

13.73 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 46 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year8.89%
3 Year8.21%
5 Year12.2%

Profit Growth

1 Year13.73%
3 Year6.82%
5 Year8.7%

ROE%

1 Year20.61%
3 Year19.87%
5 Year20.18%

ROCE %

1 Year27.78%
3 Year27.52%
5 Year28.03%

Debt/Equity

0

Price to Cash Flow

15.63

Interest Cover Ratio

382.837968561064

CFO/PAT (5 Yr. Avg.)

1.30832553729722

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 51.14 0
Sep 2022 51.14 0
Jun 2022 51.14 0
Mar 2022 51.14 0
Dec 2021 51.14 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROCE of 27.5204941940013% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 382.837968561064.
  • The Company has been maintaining an effective average operating margins of 20.5207449537546% in the last 5 years.
  • The company has a good cash flow management; CFO/PAT stands at 1.30832553729722.
  • The company has a high promoter holding of 51.14%.

 Limitations

  • The company has shown a poor profit growth of 6.81715390602835% for the Past 3 years.
  • The company has shown a poor revenue growth of 8.21393397834749% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 3693.71 6324.9 3112.78 3945.83 4131.01
Total Expenditure 2871.59 4757.09 2599.31 3090.05 3277.52
Operating Profit 822.12 1567.81 513.47 855.78 853.49
Other Income 59.28 63.77 159.74 75.01 57.47
Interest 0.18 4.05 1.02 1.74 9.73
Depreciation 92.89 100.97 94.09 104.19 100.8
Exceptional Items 0 0 0 0 0
Profit Before Tax 788.33 1526.56 578.1 824.86 800.43
Tax 204.96 384.75 146.61 213.81 201.66
Profit After Tax 583.37 1141.81 431.49 611.05 598.77
Adjusted EPS (Rs) 0.8 1.56 0.59 0.84 0.82

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 10322.33 12084.6 12921.11 14063.83 15313.76
Total Expenditure 8575.68 9361.22 10418.3 10908.23 12023.37
Operating Profit 1746.65 2723.38 2502.81 3155.6 3290.39
Other Income 456.87 311.32 333.22 154.76 255.86
Interest 4.68 15.29 7.22 9.22 8.27
Depreciation 251 316.22 349.64 366.33 380.18
Exceptional Items 0 0 0 0 0
Profit Before Tax 1947.84 2703.19 2479.17 2934.81 3157.8
Tax 548.55 775.9 685.34 869.39 808.87
Net Profit 1399.29 1927.29 1793.83 2065.42 2348.93
Adjusted EPS (Rs.) 1.91 2.64 2.45 2.83 3.21

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 243.66 243.66 243.66 243.66 243.66
Total Reserves 7517.35 8775.25 9609.28 10564.23 11740.6
Borrowings 33.33 0 0 0 0
Other N/C liabilities 429.95 547.17 782.72 1017.15 1312.95
Current liabilities 9867.36 10426.16 12778.03 16764.72 19532.03
Total Liabilities 18091.65 19992.24 23413.69 28589.76 32829.24
Assets
Net Block 1606.98 2084.3 2519.6 2479.95 2523.56
Capital WIP 395.45 275.07 199.44 350.69 398.55
Intangible WIP 437.35 446.29 483.43 385.56 460.45
Investments 903.26 1019.37 1161.76 1331.27 1554.31
Loans & Advances 288.51 302.2 373.06 423.41 700.84
Other N/C Assets 226.79 62.54 81.81 42.27 34.37
Current Assets 14233.31 15802.47 18594.59 23576.61 27157.16
Total Assets 18091.65 19992.24 23413.69 28589.76 32829.24
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 1947.84 2703.19 2479.17 2934.81 3157.8
Adjustment 107.64 309.28 320.49 441.28 256.05
Changes in Assets & Liabilities -2192.87 -779.6 301.3 2259.67 1549.75
Tax Paid -677.14 -766.91 -568.43 -532.3 -802.44
Operating Cash Flow -788.54 1465.96 2532.53 5103.46 4161.16
Investing Cash Flow 41.44 -853.77 -638.93 -2568.59 -4860.56
Financing Cash Flow -1200.64 -628.48 -1059.31 -1075.44 -1077.21
Net Cash Flow -1947.74 -16.29 834.29 1459.43 -1776.61

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 51.14 51.14 51.14 51.14 51.14
president of india 51.14 51.14 51.14 51.14 -
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 48.86 48.86 48.86 48.86 48.86
cpse exchange trad... 4.46 4.79 4.51 4.19 3.72
hdfc trustee compa... 5.19 5.11 3.93 3.37 4.09
kotak flexicap fund 3.83 3.78 3.51 3.48 -
life insurance cor... 1.28 1.31 - - 3.19
kotak standard mul... - - - - 2.82
mirae asset large ... 1.93 1.30 1.05 - 1.37
sbi equity hybrid ... - - - - -
bharat 22 etf - - - - 1.63
sbi blue chip fund - - - - -
aditya birla sun l... - - - - 1.49
l and t mutual fun... - - - - 1.10
canara robeco mutu... - - 1.07 1.21 -
franklin india pri... - - - - -
itpl - invesco ind... - - - - -
llp - - - - 0.01

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Bharat Electronics reports marginal rise in Q3 consolidated net profit30 Jan 2023, 10:30AM Bharat Electronics informs about unaudited financial results28 Jan 2023, 3:05PM Bharat Electronics - Quaterly Results28 Jan 2023, 1:18PM Bharat Electronics - Quaterly Results28 Jan 2023, 1:18PM Bharat Electronics informs about trading window closure28 Dec 2022, 3:21PM Bharat Electronics inks licensing agreement with CASDIC, DRDO19 Nov 2022, 10:42AM Bharat Electronics signs LAToT with DRDL, IRDE18 Nov 2022, 4:21PM Bharat Electronics signs LAToT with R&DE (E), DRDO18 Nov 2022, 3:56PM Bharat Electronics inks LAToT with CHESS18 Nov 2022, 3:37PM Bharat Electronics informs about press release18 Nov 2022, 3:33PM Bharat Electronics signs MoU with IITM Pravartak Technologies Foundation18 Nov 2022, 3:04PM Bharat Electronics signs JDA with IIT Madras18 Nov 2022, 2:37PM Bharat Electronics signs MoU with Armoured Vehicles Nigam18 Nov 2022, 10:07AM Bharat Electronics signs MoU with AWEIL 18 Nov 2022, 9:16AM Bharat Electronics inks MoU with Spacefaring Technologies16 Nov 2022, 11:29AM Bharat Electronics inks MoU with Profense16 Nov 2022, 10:58AM Bharat Electronics signs MoU with Yantra India16 Nov 2022, 10:21AM Bharat Electronics inks MoU with SVC Tech Ventures16 Nov 2022, 9:58AM Bharat Electronics signs MoU with Hindustan Shipyard16 Nov 2022, 9:19AM Bharat Electronics inks MoU with Aerosense Technologies11 Nov 2022, 3:41PM Bharat Electronics inks MoU with GSL10 Nov 2022, 2:30PM Bharat Electronics signs MoU with DMRC8 Nov 2022, 9:30AM Bharat Electronics inks MoU with Meslova Systems28 Oct 2022, 2:35PM Bharat Electronics reports marginal rise in Q2 consolidated net profit27 Oct 2022, 3:29PM Bharat Electronics - Quaterly Results27 Oct 2022, 1:07PM Bharat Electronics - Quaterly Results27 Oct 2022, 1:07PM Bharat Electronics - Quaterly Results27 Oct 2022, 1:07PM Bharat Electronics signs MoU with Triton Electric Vehicle19 Oct 2022, 5:34PM Bharat Electronics inks MoU with Munitions India19 Oct 2022, 9:15AM BEL inaugurates lithium ion development centre & battery automated assembly plant17 Oct 2022, 11:08AM Bharat Electronics sets up EV charging station at HPCL Retail Outlet12 Oct 2022, 2:59PM BEL showcases efforts in indigenisation at Kota Conclave13 Sep 2022, 5:28PM Bharat Electronics signs MoU with Smiths Detection1 Sep 2022, 5:51PM Bharat Electronics informs about retirement of director1 Sep 2022, 9:47AM Bharat Electronics informs about change in directorate 1 Sep 2022, 9:45AM Bharat Electronics, NHPC sign Memorandum of Understanding23 Aug 2022, 3:35PM Bharat Electronics signs contract with Ministry of Defence22 Jul 2022, 5:53PM Bharat Electronics reports many fold jump in Q1 consolidated net profit18 Jul 2022, 12:08PM Bharat Electronics - Quaterly Results16 Jul 2022, 5:09PM Bharat Electronics - Quaterly Results16 Jul 2022, 5:09PM Bharat Electronics - Quaterly Results16 Jul 2022, 5:09PM Bharat Electronics informs about disclosure17 Jun 2022, 5:08PM Bharat Electronics reports 16% fall in Q4 consolidated net profit24 May 2022, 12:08PM Bharat Electronics - Quaterly Results23 May 2022, 4:28PM Bharat Electronics - Quaterly Results23 May 2022, 4:28PM Bharat Electronics - Quaterly Results23 May 2022, 4:28PM Bharat Electronics to manufacture Li-ion battery packs for electric trucks of Triton16 May 2022, 3:36PM Bharat Electronics, HAL sign contract for co-development, co-production of IRST26 Apr 2022, 5:27PM Bharat Electronics wins ‘Best PSU Award’9 Apr 2022, 12:24PM Bharat Electronics reports 8.55% growth in turnover during FY221 Apr 2022, 3:46PM

Bharat Electronics Stock Price Analysis and Quick Research Report. Is Bharat Electronics an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a Low P/E are undervalued (it depends on other factors too). Bharat Electronics has a PE ratio of 23.3623995377423 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Bharat Electronics has ROA of 7.64887087057751 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Bharat Electronics has a Current ratio of 1.39039106534241 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Bharat Electronics has a ROE of 20.6117457106943 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bharat Electronics has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Bharat Electronics has an Inventory turnover ratio of 2.93146625728729 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Bharat Electronics has reported revenue growth of 8.88755054633057 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Bharat Electronics for the current financial year is 21.4864931930499 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bharat Electronics is Rs 4.5 and the yield is 1.6949 %.

Brief about Bharat Electronics

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