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Bharat Electronics Ltd share Price Today

Company details

250.05
260.60
107.30
260.60
6M Return 69.88%
1Y Return 130.24%
Mkt Cap.(Cr) 181,428.71
Volume 23,619,459
Div Yield 0.70%
OI
-
OI Chg %
-
Volume 23,619,459

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Defence company Bharat Electronics announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • During the Q4FY24, BEL achieved a Turnover of Rs 8,335.01 crore as against Rs 6,327.48 crore recorded in the corresponding period of the previous year.
  • During the Q4FY24, Profit Before Tax (PBT) has increased to Rs 2,385.61 crore from Rs 1,781.49 crore recorded in the corresponding period of the previous year.
  • During the Q4FY24, Profit After Tax (PAT) has increased to Rs 1,783.52 crore from Rs 1,365.36 crore recorded in the corresponding period of the previous year.

FY24 Financial Highlights:

  • Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs 19,819.93 crore, registering a growth of 14.35% during FY24 over the Turnover of Rs 17,333.37 crore recorded during the previous year.
  • Profit Before Tax (PBT) during FY24 stood at Rs 5,334.56 crore, with a growth of 33.87% over the Profit Before Tax (PBT) of Rs 3,984.88 crore recorded during the previous year.
  • Profit After Tax (PAT) during FY24 stood at Rs 4,020.00 crore, with a growth of 33.70% over the Profit After Tax (PAT) of Rs 3,006.67 crore recorded during the previous year.
  • The order book position of the company as on 1st April, 2024 stood at Rs 75,934 crore.
  • The Board of Directors at its meeting held today recommended a Final Dividend of Rs 0.80 per Equity share (having a face value of Rs 1/- each) and the same is subject to the approval by the Shareholders in the ensuing Annual General Meeting of the Company.

Result PDF

View Other Company Results

Bharat Electronics Ltd shares SWOT Analysis

Strengths (13)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • New 52 week high today

Weakness (3)

  • MFs decreased their shareholding last quarter
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 262.9
R2 267.0
R3 273.5
Pivot

256.48

S1 252.4
S2 245.9
S3 241.8
EMA SMA
234.3
222.3
205.1
180.2
234.8
220.7
204.4
172.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-11-14 107.3 6194585 NSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-11-14 107.3 6194585 NSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-11-03 107.1 6194586 NSE
Name Category Shares
PRESIDENT OF INDIA PROMOTER 51.14%

OUR RESEARCH VIEW

Investment recommendation
Growth visibility remains strong…
Call Date
15 Mar 2024
Entry Price 186.00
Target Price 240.00
Duration
12 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Bharat Electronics Ltd Stocks COMPARISON

Financials( in Cr) Bharat Electronics Ltd Hindustan Aeronautics Ltd Solar Industries India Ltd Bharat Dynamics Ltd Cochin Shipyard Ltd
Price 248.20 4,531.70 8,983.45 2,324.25 1,414.85
% Change 6.59 8.35 7.52 16.26 6.34
Mcap Cr 181,428.71 303,068.77 81,291.24 42,599.09 37,222.02
Revenue TTM Cr 17,734.44 26,927.46 6,922.53 2,489.39 2,364.55
Net Profit TTM Cr 2,940.35 5,827.73 811.17 352.17 304.71
PE TTM 53.04 41.50 97.14 93.70 74.79
1 Year Return 130.24 192.94 138.75 116.51 418.01
ROCE 26.98 18.83 36.06 9.32 7.96
ROE 22.49 27.18 35.86 11.28 5.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 13,861.63 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 45,096.27 -32,431.93
LAST 3M 103,643.75 -39,912.42
LAST 6M 170,661.45 50,171.66
LAST 12M 264,707.07 127,969.33
Board Meeting for Today

May 20, 2024 l Board Meetings for Today

NSE Board Meetings Forthcomming

May 20, 2024 l NSE Board Meetings Forthcomming

Bharat Electronics Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 17, 2024 l NSE Announcement

Date Action Type Ratio
Mar 22, 2024 Dividend 70
Feb 09, 2024 Dividend 70
Aug 17, 2023 Dividend 60

Bharat Electronics Ltd Information

Stock PE (TTM)
53.04
Promoter Holding
51.14%
Book Value
20.269
ROCE
26.98%
ROE
22.49%
Description
  • Bharat Electronics Ltd. (BEL) manufactures state-of-the-art electronic products and systems for the Indian Navy, Indian Air Force, and Indian Army. It is managed by the Ministry of Defence, Government of India. The company was incorporated in 1954, with its headquarters in Bengaluru. During FY 2021-2022, the total revenue of Bharat Electronics Ltd. was Rs 15,599 crore, up 9.60% from the previous financial year, 2020-2021. On 30 August 2022, the company’s market capitalisation stood at Rs 74,681 crore.  

    The company is listed on the Bombay Stock Exchange with the code 500049, and on the National Stock Exchange with the code BEL.  

    Bharat Electronics Ltd. has diversified into various sectors like smart cities, homeland security solutions, e-governance solutions, energy storage products, including e-vehicle charging stations, space electronics including satellite integration, railways and metro solutions, telecom products, medical electronics, solar, network and cyber security solutions, and passive night vision devices, among others. It has received the Navratna status from the Government of India.   

    On 30 June 2022, the company’s shareholding pattern reflected a public stake of 5.11%, a domestic institutional investor stake of 27.76%, a foreign institutional investor stake of 15.99%, and a promoter stake of 51.14%. The entire promoter share belongs to the President of India. In the June 2022 quarter, mutual fund holdings increased from 21.74% to 22.42%, while FII holdings decreased from 16.77% to 15.99%. The number of mutual fund schemes increased from 153 to 192.  

    The company’s leadership team comprises Mrs Anandi Ramalingam, Mr Dinesh Kumar Batra, MrShivnath Yadav, Mr Bhanu Prakash Srivastava, Mr Anurag Bajpai, Dr N Santhosh Kumar, Mr M V Rajasekhar, MrMansukhbhai S Khachariya, and Mrs Shyam Singh. Guru & Jana and Suri & Co. are the auditors of the company. On 30 June 2022, the company had a total of 243.66 crore shares outstanding.  

    On 30 August 2022, Bharat Electronics Ltd.’s share price closed at Rs 307 on BSE and at Rs 306.50 on NSE. The 52-week high for Bharat Electronics Ltd.’s share price was Rs 311.85, and the 52-week low for the company’s share price was Rs 183.45. Its one-year return to the investors was 66.85%.  

    The company’s peers include Thermax Ltd., AIA Engineering Ltd., Bharat Heavy Electricals Ltd., and Praj Industries Ltd. 

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose 

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500049
NSE Code : BEL
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE263A01024

FAQ’s on Bharat Electronics Ltd Shares

You can buy Bharat Electronics Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bharat Electronics Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 17, 2024 03:59 PM the closing price of Bharat Electronics Ltd was Rs.248.20.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 17, 2024 03:59 PM, the market cap of Bharat Electronics Ltd stood at Rs. 181,428.71.

The latest PE ratio of Bharat Electronics Ltd as of May 17, 2024 03:59 PM is 53.04

The latest PB ratio of Bharat Electronics Ltd as of May 17, 2024 03:59 PM is 0.08

The 52-week high of Bharat Electronics Ltd share price is Rs. 260.60 while the 52-week low is Rs. 107.30

According to analyst recommendations, Bharat Electronics Ltd Share has a "Buy" rating for the long term.

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