BHARAT ELECTRONICS  Financial Statement Analysis 
                    
                    
                                                         
                                
                                                
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                            The Revenues of BHARAT ELECTRONICS  have increased by 14.29% YoY .
                             The Earnings Per Share (EPS) of BHARAT ELECTRONICS has increased by 33.58 % YoY.  | 
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| REVENUES | 
| OPERATING MARGIN | 
| PROFIT AFTER TAX | 
| EPS | 
| ROCE | 
BHARAT ELECTRONICS  Last 5 Annual Financial Results
 [BOM: 500049|NSE : BEL] 
            | Consolidated | Mar2025 | Mar2024 | Mar2023 | Mar2022 | Mar2021 | 
|---|---|---|---|---|---|
| Revenues | ₹20,268 Cr | ₹17,734 Cr | ₹15,368 Cr | ₹14,109 Cr | ₹12,968 Cr | 
| Expenses | ₹15,397 Cr | ₹13,738 Cr | ₹12,046 Cr | ₹10,924 Cr | ₹10,440 Cr | 
| Operating Profit (Excl OI) | ₹4,871 Cr | ₹3,997 Cr | ₹3,322 Cr | ₹3,185 Cr | ₹2,527 Cr | 
| Other Income | ₹851 Cr | ₹374 Cr | ₹254 Cr | ₹154 Cr | ₹331 Cr | 
| Interest | ₹12 Cr | ₹19 Cr | ₹8.55 Cr | ₹9.61 Cr | ₹7.66 Cr | 
| Depreciation | ₹443 Cr | ₹429 Cr | ₹401 Cr | ₹387 Cr | ₹372 Cr | 
| Profit Before Tax | ₹5,266 Cr | ₹3,923 Cr | ₹3,166 Cr | ₹2,942 Cr | ₹2,478 Cr | 
| Profit After Tax | ₹3,943 Cr | ₹2,940 Cr | ₹2,354 Cr | ₹2,069 Cr | ₹1,793 Cr | 
| Consolidated Net Profit | ₹3,985 Cr | ₹2,984 Cr | ₹2,399 Cr | ₹2,099 Cr | ₹1,824 Cr | 
| Earnings Per Share (Rs) | ₹7.28 | ₹5.45 | ₹4.08 | ₹9.85 | ₹8.61 | 
| PAT Margin (%) | 22.24 | 19.45 | 16.58 | 15.31 | 14.66 | 
| ROE(%) | 29.13 | 26.12 | 22.49 | 20.17 | 19.59 | 
| ROCE(%) | 39.18 | 34.97 | 30.15 | 27.20 | 27.92 | 
| Total Debt/Equity(x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 
Key Financials | 
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| Market Cap | : | ₹ 303,429.8 Cr | 
| Revenue (TTM) | : | ₹ 25,152.1 Cr | 
| Net Profit(TTM) | : | ₹ 5,661.4 Cr | 
| EPS (TTM) | : | ₹ 7.7 | 
| P/E (TTM) | : | 53.6 | 
| Industry Peers & Returns | 1W | 1M | 1Y | 
| BHARAT ELECTRONICS | 2.1% | 3.9% | 50.3% | 
| HINDUSTAN AERONAUTICS | -0.7% | -2.3% | 9.5% | 
| BHARAT DYNAMICS | 1.2% | -0.4% | 46% | 
| ZEN TECHNOLOGIES | 5.5% | -3.4% | -22.9% | 
| DATA PATTERNS (INDIA) | -1.4% | 4.5% | 24.4% | 
| ASTRA MICROWAVE PRODUCTS | 2.3% | 7.1% | 37.3% | 
| PARAS DEFENCE AND SPACE TECHNOLOGIES | -1.2% | 1.4% | 47.6% | 
| NIBE | -3.6% | -17.8% | -25.6% | 
| ROSSELL INDIA | -2.1% | -4.7% | -20.6% | 
BHARAT ELECTRONICS  Revenues
 [BOM: 500049|NSE : BEL]  
                        | Y-o-Y | 14.29 %  | 
                                
| 5 Yr CAGR | 11.81 %  | 
                                
| Years | Revenues | % Change | |
|---|---|---|---|
| Mar2025 | ₹20,268 Cr | 14.29 | |
| Mar2024 | ₹17,734 Cr | 15.40 | |
| Mar2023 | ₹15,368 Cr | 8.93 | |
| Mar2022 | ₹14,109 Cr | 8.80 | |
| Mar2021 | ₹12,968 Cr | - | |
BHARAT ELECTRONICS  Operating Profit
 [BOM: 500049|NSE : BEL]  
                    | Y-o-Y | 21.87 %  | 
                        
                        
| 5 Yr CAGR | 17.83 %  | 
                        
| Years | Operating Profit | % Change | |
|---|---|---|---|
| Mar2025 | ₹4,871 Cr | 21.87 | |
| Mar2024 | ₹3,997 Cr | 20.31 | |
| Mar2023 | ₹3,322 Cr | 4.30 | |
| Mar2022 | ₹3,185 Cr | 26.03 | |
| Mar2021 | ₹2,527 Cr | - | |
| Operating Margins | |
|---|---|
| Y-o-Y | 6.61 %  | 
                        
| 5 Yr CAGR | 5.37 %  | 
                        
| Years | Operating Margin% | % Change | |
|---|---|---|---|
| Mar2025 | 24.03% | 6.61 | |
| Mar2024 | 22.54% | 4.26 | |
| Mar2023 | 21.62% | -4.25 | |
| Mar2022 | 22.58% | 15.85 | |
| Mar2021 | 19.49% | - | |
BHARAT ELECTRONICS  Profit After Tax
 [BOM: 500049|NSE : BEL]  
            | Y-o-Y | 33.51 %  | 
                    
                    
| 5 Yr CAGR | 21.58 %  | 
                    
| Years | Profit After Tax | % Change | |
|---|---|---|---|
| Mar2025 | ₹3,985 Cr | 33.51 | |
| Mar2024 | ₹2,984 Cr | 24.41 | |
| Mar2023 | ₹2,399 Cr | 14.29 | |
| Mar2022 | ₹2,099 Cr | 15.08 | |
| Mar2021 | ₹1,824 Cr | - | |
| PAT Margins | |
|---|---|
| Y-o-Y | 14.34 %  | 
                    
| 5 Yr CAGR | 10.98 %  | 
                    
| Years | PAT Margin(%) | % Change | |
|---|---|---|---|
| Mar2025 | 22.24 % | 14.34 | |
| Mar2024 | 19.45 % | 17.31 | |
| Mar2023 | 16.58 % | 8.30 | |
| Mar2022 | 15.31 % | 4.43 | |
| Mar2021 | 14.66 % | - | |
BHARAT ELECTRONICS  Earnings Per Share (EPS)
 [BOM: 500049|NSE : BEL]  
            | Y-o-Y | 33.58 %  | 
                    
                    
| 5 Yr CAGR | -4.11 %  | 
                    
| Years | EPS | % Change | |
|---|---|---|---|
| Mar2025 | ₹7.28 | 33.58 | |
| Mar2024 | ₹5.45 | 33.58 | |
| Mar2023 | ₹4.08 | -58.58 | |
| Mar2022 | ₹9.85 | 14.40 | |
| Mar2021 | ₹8.61 | - | |
BHARAT ELECTRONICS  Return on Capital Employed (ROCE)
 [BOM: 500049|NSE : BEL]  
            | Y-o-Y | 12.04 %  | 
                    
                    
| 5 Yr CAGR | 8.84 %  | 
                    
| Years | ROCE | % Change | |
|---|---|---|---|
| Mar2025 | 39.18% | 12.04 | |
| Mar2024 | 34.97% | 15.99 | |
| Mar2023 | 30.15% | 10.85 | |
| Mar2022 | 27.2% | -2.58 | |
| Mar2021 | 27.92% | - | |
BHARAT ELECTRONICS Share Price vs Sensex
| Current Share Price | : | ₹415.1 | 
| Current MarketCap | : | ₹ 303,429.8 Cr | 
| Updated EOD on | : | Nov 04,2025 | 
| Share Price Returns(%) | 1 Week | 1 Month | 1 Year | 
| BHARAT ELECTRONICS |    2.1%  | 
                            
                     
                     3.9%  | 
                     
                     50.3%  | 
                    
| SENSEX |    -1.4%  |    
                      
                    
                     3.1%  | 
                     
                     3.8%  | 
                    
BHARAT ELECTRONICS related INDICES
| BSE Indices | 1W | 1M | 1Y | 
|---|---|---|---|
| BSE ALLCAP | 6.4% | 8.9% | 7.5% | 
| BSE LARGEMIDCAP | 4.5% | 7.2% | 8.3% | 
| BSE 500 SHARIAH | 4.3% | 4.3% | 1.1% | 
| BSE CAPITAL GOODS | 1.5% | 2.4% | 4.6% | 
| BSE PSU | 1.3% | 3.9% | 3.2% | 
| NSE Indices | 1W | 1M | 1Y | 
|---|---|---|---|
| NIFTY PSE | 1% | 1.6% | -2.3% | 
| NIFTY HIGH BETA 50 | 0.8% | 4.9% | 6% | 
| NIFTY 500 EQUAL WEIGHT | 0.1% | 2.4% | 3.2% | 
| NIFTY100 EQUAL WEIGHT | 0% | 2.6% | 4% | 
| NIFTY500 MULTICAP MOMENTUM QUALITY 50 INDEX | NA | 4.1% | NA | 
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FAQ about BHARAT ELECTRONICS Financials
How the annual revenues of BHARAT ELECTRONICS have changed ?
The Revenues of BHARAT ELECTRONICS have increased by 14.29% YoY .
How the Earnings per Share (EPS) of BHARAT ELECTRONICS have changed?
The Earnings Per Share (EPS) of BHARAT ELECTRONICS has increased by 33.58 % YoY .
HINDUSTAN AERONAUTICS LTD vs BHARAT ELECTRONICS LTD vs BHARAT DYNAMICS LTD
ZEN TECHNOLOGIES LTD vs DATA PATTERNS (INDIA) LTD vs