Bharat Electronics Limited
BEL · NSE— · —
₹426.9
Closing price — 19 Jun 2026
Market cap ₹3,13,822 Cr · EPS ₹8.21
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Valuation
Blended fair value using DCF and peer comparison methods.
Peer comparison
How this company stacks up against sector peers on valuation and quality metrics.
Defence & aerospace · 8 peers · sector medians shown
Better than medianWorse than median
| Company | Mkt Cap | P/E | P/B | EV/EBITDA | ROE | Net Margin | Rev CAGR 3y |
|---|---|---|---|---|---|---|---|
Bharat Electronics Limited BEL · you | ₹3.1 L Cr | 52.0× | 13.1× | — | 25.3% | 22.0% | 15.9% |
| Sector median | — | 63.3× | 9.8× | 46.7× | 13.9% | 18.5% | 27.7% |
| Mazagoan Dock Shipbuilders MAZDOCK | ₹98,243 Cr | 37.3× | 9.9× | 43.4× | 26.5% | 19.9% | 18.4% |
| Bharat Dynamics BDL | ₹44,070 Cr | 103.5× | 10.3× | 197.3× | 9.9% | 17.2% | -0.6% |
| Cochin Shipyard COCHINSHIP | ₹37,893 Cr | 52.9× | 6.5× | 46.7× | 12.2% | 14.3% | 28.5% |
| Garden Reach Shipbuilders & Engineers GRSE | ₹30,354 Cr | 40.6× | 11.6× | 38.2× | 28.5% | 10.7% | 39.8% |
| Data Patterns India DATAPATTNS | ₹25,473 Cr | 85.4× | 13.4× | 68.7× | 15.6% | 29.3% | 26.8% |
| HBL Engineering HBLENGINE | ₹21,182 Cr | 26.6× | 9.8× | 19.6× | 36.8% | 24.7% | 34.1% |
| BEML BEML | ₹14,792 Cr | 104.6× | 5.0× | 49.5× | 4.8% | 3.2% | 3.7% |
| Zen Technologies ZENTEC | ₹14,261 Cr | 73.7× | 7.5× | 57.5× | 10.2% | 28.1% | 46.5% |
Peer comparison verdict
Bharat looks attractively valued — trading at a discount to sector peers on P/E (52.0× vs sector median 63.3×) while delivering above-average returns on equity (25.3% vs 13.9%).
Business quality
Key profitability, efficiency, and solvency metrics.
Financial health
Piotroski F-Score, Altman Z-Score, and key solvency ratios.
Full financial data
Charts and annual statements for income, balance sheet and cash flow.
Income trend
Revenue, profit and margin trends over time.
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Cash flow
Where cash comes from and where it goes.
Balance sheet
Assets show what the company owns. Liabilities show what it owes. Equity is what's left for shareholders.
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Numbers are illustrative — order-of-magnitude correct. For precise figures, refer to the company's annual report on BSE/NSE.