Bharat Electronics Limited

BSE: 500049 NSE: BEL
Bharat Electronics Limited - aerospace, maritime and defense in Bangalore, Karnataka, India. FY 2026 financials and compliance.
CIN L32309KA1954GOI000787 Incorporated 21 April 1954 ROC Bangalore HQ Bangalore, Karnataka, India
Active Listed - NSE: BEL · BSE: 500049 Public Limited Union Government Company aerospace, maritime and defense
Data last updated
Revenue · FY 2026
₹27,610 Cr
▲ 16.16% YoY
Computed EBITDA · FY 2026
₹8,615.36 Cr
▲ 13.72% YoY
Net profit · FY 2026
₹6,062.26 Cr
▲ 13.89% YoY
Authorised capital
₹750 Cr
Registered with MCA
Paid-up capital
₹730.98 Cr
Issued & subscribed
Open charges
₹7,000 Cr
Satisfied ₹100 Cr
Company age
72 yrs
Est. 1954
Employees · EPFO
6,094
Latest available

About Bharat Electronics Limited

Data last updated: 15 July 2026

Bharat Electronics Limited is a public limited union government company based in Bangalore, Karnataka, India. It specialises in defence tech and equipment, a part of the broader aerospace, maritime and defence sector. Incorporated on 21 April 1954, the company has been in operation for over 72 years.

Registered with ROC Bangalore under CIN L32309KA1954GOI000787. Listed on BSE: 500049 and NSE: BEL.

Capital: an authorised share capital of ₹750 Cr and a paid-up capital of ₹730.98 Cr. It is led by directors including Manoj Jain and Binoy Kumar Das.

Last AGM: 28 August 2025. Financial statements filed for year ended 31 March 2025. Office: Outer Ring Road Nagavara Bangalore, Karnataka, India – 560045.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹27,610 Cr, a growth of 16.16% compared to the previous year. The net worth stands at ₹24,007 Cr (up 20.08% YoY). Total assets are valued at ₹44,538 Cr (up 9.08% YoY).

The company has a workforce of approximately 6,094 employees as per the latest available data. Its group structure includes 2 subsidiaries.

The company is associated with 2 brands - Btkit, Bel. As per MCA filings, the company has open charges of ₹7,000 Cr and satisfied charges of ₹100 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bel-india.in.

Company Details of Bharat Electronics Limited
CIN L32309KA1954GOI000787
Registration Number 000787
Incorporation Date 21 April 1954
ROC Bangalore
Listing Status Listed (BSE: 500049, NSE: BEL)
Company Status Active
Date of Last AGM 28 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Manoj Jain Managing Director Damodar Bhattad Whole-Time Director Kamesh Kasana Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    bel-india.in
  • Social Media
  • Registered Address
    Outer Ring Road Nagavara Bangalore, Karnataka, India – 560045
  • Industry
    Aerospace, Maritime and Defense, Defence Tech & Equipment
Company report
Bharat Electronics Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Bharat Electronics Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Bharat Electronics Limited

Bharat Electronics Limited operates two associated brands: BTKIT and BEL. These brands represent Bharat Electronics Limited's diversified market presence and brand portfolio.

Brand Description Website
BTKIT
Offers undergraduate and postgraduate engineering courses in various disciplines. kecua.ac.in
BEL
Manufacturer of electronic products for the armed forces bel-india.in

Competitors & Alternatives of Bharat Electronics Limited

Brands and companies operating in the same space as Bharat Electronics Limited include Indian Institute Of Technology Kharagpur, Leidos, Moog and 7 more.

Competitor Description Location Founded
Indian Institute Of Technology Kharagpur Indian Institute Of Technology Kharagpur Academic programs in engineering, technology, and research are provided. Kharagpur, India, India 1951
Leidos Leidos Provider of healthcare IT solutions and defence components services United States 1969
Moog Moog Solutions are specialized in space, defense, security, and surveillance sectors. East Aurora, United States, United States 1951
Data Patterns Data Patterns Advanced electronic systems are manufactured for defence and aerospace applications. Chennai, India, India 1985
John Cockerill John Cockerill Diversified operations are conducted across multiple industries by the conglomerate. Velizy Villacoublay, France, France 1817
IIT Bombay IIT Bombay Public research university offering undergraduate and graduate programs across various disciplines Mumbai, India, India 1958
Kalvium Kalvium Computer science engineering courses are offered by Kalvium college. Bengaluru, India, India 2021
Indian Institute of Technology Kanpur Indian Institute of Technology Kanpur Multiple engineering courses and degrees are offered at the institute. Kanpur, India, India 1959
Ultra Ultra Mission critical systems are provided by Ultra for defense sectors. Greenford, United Kingdom, United Kingdom 1920
Indian Institute of Science Indian Institute of Science University offering multiple courses and degrees across engineering, science & technology streams Bengaluru, India, India 1909

Business Activity of Bharat Electronics Limited

Bharat Electronics Limited is engaged in the principal business activity of manufacturing, with detailed activities including computer, electronic, communication and scientific measuring & control equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C9 Computer, electronic, Communication and scientific measuring & control equipment Locked
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Business activity turnover details for Bharat Electronics Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
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Auditor Details of Bharat Electronics Limited

Bharat Electronics Limited is audited by Rao and Emmar (ICAI peer reviewed, certificate valid till 2028-08-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Rao and Emmar (ICAI peer reviewed, certificate valid till 2028-08-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Bharat Electronics Limited

Bharat Electronics Limited is currently managed by 9 directors, with 90 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Manoj Jain
Also directs: Bel Optronic Devices Limited, Defence Innovation Organisation
Managing Director 26 Sep 2022 3 Years 10 Months Current
Binoy Kumar Das Nominee Director 04 Jul 2022 4 Years 1 Months Current
Damodar Bhattad
Also directs: Bel Optronic Devices Limited, Bel-Thales Systems Limited
Whole-Time Director 11 Jan 2023 3 Years 7 Months Current
Meera Mohanty
Also directs: Bharat Dynamics Limited
Nominee Director 16 Jul 2025 1 Years 0 Months Current
Kamesh Kasana
Also directs: Bel Optronic Devices Limited
Whole-Time Director 14 Jul 2025 1 Years 0 Months Current
Harikumar Raghavan Nair
Also directs: Bel-Thales Systems Limited
Whole-Time Director 02 May 2025 1 Years 3 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Bharat Electronics Limited FY 2026 filings available

Bharat Electronics Limited reported revenue of ₹27,610 Cr (up 16.16% YoY) for FY 2026.

Revenue · FY 2026
₹27,610 Cr ▲ 16.16%
Profit · FY 2026
₹6,062.26 Cr ▲ 13.89%
Computed EBITDA · FY 2026
₹8,615.36 Cr ▲ 13.72%
Revenue₹ Cr · Consolidated010,00020,00030,000FY 2020: ₹12,968 Cr12,968FY 2020FY 2021: ₹14,109 Cr · +8.8% YoY14,109+8.8%FY 2021FY 2022: ₹15,368 Cr · +8.9% YoY15,368+8.9%FY 2022FY 2023: ₹17,734 Cr · +15.4% YoY17,734+15.4%FY 2023FY 2024: ₹20,268 Cr · +14.3% YoY20,268+14.3%FY 2024FY 2025: ₹23,769 Cr · +17.3% YoY23,769+17.3%FY 2025FY 2026: ₹27,610 Cr · +16.2% YoY27,610+16.2%FY 2026
Net Profit₹ Cr · Consolidated02,5005,0007,500FY 2020: ₹1,825 Cr1,825FY 2020FY 2021: ₹2,100 Cr · +15.1% YoY2,100+15.1%FY 2021FY 2022: ₹2,400 Cr · +14.3% YoY2,400+14.3%FY 2022FY 2023: ₹2,986 Cr · +24.4% YoY2,986+24.4%FY 2023FY 2024: ₹3,985 Cr · +33.5% YoY3,985+33.5%FY 2024FY 2025: ₹5,323 Cr · +33.6% YoY5,323+33.6%FY 2025FY 2026: ₹6,062 Cr · +13.9% YoY6,062+13.9%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year05,00010,00015,000Q1'25: ₹4,244 Cr · +20.1% YoY4,244+20.1%Q1'25Q2'25: ₹4,605 Cr · +14.9% YoY4,605+14.9%Q2'25Q3'25: ₹5,771 Cr · +38.6% YoY5,771+38.6%Q3'25Q4'25: ₹9,150 Cr · +6.8% YoY9,150+6.8%Q4'25Q1'26: ₹4,440 Cr · +4.6% YoY4,440+4.6%Q1'26Q2'26: ₹5,792 Cr · +25.8% YoY5,792+25.8%Q2'26Q3'26: ₹7,154 Cr · +24% YoY7,154+24%Q3'26Q4'26: ₹10,224 Cr · +11.7% YoY10,224+11.7%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹27,610 Cr ₹23,769 Cr ₹20,268 Cr ₹17,734 Cr ₹15,368 Cr ₹14,109 Cr ₹12,968 Cr
Other Income ₹566.03 Cr ₹742.36 Cr ₹670.14 Cr ₹280.8 Cr ₹231.54 Cr ₹124.96 Cr ₹99.4 Cr
Total Income ₹28,176 Cr ₹24,511 Cr ₹20,938 Cr ₹18,015 Cr ₹15,600 Cr ₹14,234 Cr ₹13,067 Cr
Cost of Materials Consumed ₹13,882 Cr ₹12,578 Cr ₹10,509 Cr ₹9,392.99 Cr ₹8,123.95 Cr ₹6,717.52 Cr ₹5,897 Cr
Purchases of Stock-in-Trade ₹748.42 Cr ₹430.41 Cr ₹628.86 Cr ₹827.85 Cr ₹1,053.49 Cr ₹1,233.21 Cr ₹950.97 Cr
Changes in Inventories -₹596.88 Cr -₹821.36 Cr -₹561.72 Cr -₹393.28 Cr -₹280.28 Cr -₹124.69 Cr ₹249.31 Cr
Employee Benefit Expense ₹3,115.55 Cr ₹2,760.63 Cr ₹2,489.49 Cr ₹2,317.34 Cr ₹2,128.01 Cr ₹1,955.89 Cr ₹2,074.74 Cr
Finance Costs ₹6.73 Cr ₹9.68 Cr ₹7.14 Cr ₹14.95 Cr ₹5.05 Cr ₹6.37 Cr ₹3.6 Cr
Depreciation & Amortisation ₹555.67 Cr ₹467.38 Cr ₹443.2 Cr ₹428.82 Cr ₹401.13 Cr ₹387.32 Cr ₹371.86 Cr
Other Expenses ₹2,412.08 Cr ₹1,987.19 Cr ₹2,156.02 Cr ₹1,503.66 Cr ₹1,002.13 Cr ₹1,116.25 Cr ₹1,041.19 Cr
Total Expenses ₹20,123 Cr ₹17,412 Cr ₹15,672 Cr ₹14,092 Cr ₹12,433 Cr ₹11,292 Cr ₹10,589 Cr
Profit Before Exceptional Items & Tax ₹8,052.96 Cr ₹7,099 Cr ₹5,266.21 Cr ₹3,922.91 Cr ₹3,166.24 Cr ₹2,941.78 Cr ₹2,478.4 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹8,052.96 Cr ₹7,099 Cr ₹5,266.21 Cr ₹3,922.91 Cr ₹3,166.24 Cr ₹2,941.78 Cr ₹2,478.4 Cr
Total Tax Expense ₹2,029.49 Cr ₹1,811.85 Cr ₹1,323.1 Cr ₹982.56 Cr ₹811.78 Cr ₹872.44 Cr ₹685.77 Cr
Net Profit ₹6,062.26 Cr ₹5,322.68 Cr ₹3,985.24 Cr ₹2,986.24 Cr ₹2,400.22 Cr ₹2,099.76 Cr ₹1,824.72 Cr
  attributable to Owners ₹6,062 Cr ₹5,321.44 Cr ₹3,984.52 Cr ₹2,984.42 Cr ₹2,398.87 Cr ₹2,098.94 Cr ₹1,823.85 Cr
  attributable to NCI ₹26 Lakh ₹1.24 Cr ₹72 Lakh ₹1.82 Cr ₹1.35 Cr ₹82 Lakh ₹87 Lakh
Other Comprehensive Income ₹35.71 Cr ₹7.22 Cr -₹57.72 Cr -₹166.02 Cr -₹149.17 Cr -₹87.51 Cr -₹41.02 Cr
Total Comprehensive Income ₹6,097.97 Cr ₹5,329.9 Cr ₹3,927.52 Cr ₹2,820.22 Cr ₹2,251.05 Cr ₹2,012.25 Cr ₹1,783.7 Cr
EBITDA (computed) ₹8,615.36 Cr ₹7,576.06 Cr ₹5,716.55 Cr ₹4,366.68 Cr ₹3,572.42 Cr ₹3,335.47 Cr ₹2,853.86 Cr
Basic EPS ₹8.29 ₹7.28 ₹5.45 ₹4.09 ₹9.85 ₹8.62 ₹7.49
Diluted EPS ₹8.29 ₹7.28 ₹5.45 ₹4.09 ₹9.85 ₹8.62 ₹7.49
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹44,538 Cr ₹40,832 Cr ₹39,527 Cr ₹35,491 Cr
Non-current Assets ₹6,480.65 Cr ₹5,973.98 Cr ₹5,463.7 Cr ₹5,443.43 Cr
Current Assets ₹38,057 Cr ₹34,858 Cr ₹34,063 Cr ₹30,048 Cr
Property, Plant & Equipment ₹3,481.59 Cr ₹3,204.53 Cr ₹2,788.47 Cr ₹2,694.31 Cr
Inventories ₹10,176 Cr ₹9,118.98 Cr ₹7,446.89 Cr ₹6,448.04 Cr
Trade Receivables ₹12,876 Cr ₹9,116.37 Cr ₹7,392.38 Cr ₹7,033.48 Cr
Cash & Equivalents ₹1,887.96 Cr ₹713.45 Cr ₹1,206.32 Cr ₹3,945.69 Cr
Equity (Net Worth) ₹24,007 Cr ₹19,993 Cr ₹16,344 Cr ₹13,879 Cr
Equity Share Capital ₹730.98 Cr ₹730.98 Cr ₹730.98 Cr ₹730.98 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹0 ₹0 ₹0 ₹0
Current Liabilities ₹19,260 Cr ₹19,753 Cr ₹22,027 Cr ₹20,566 Cr
Total Liabilities ₹20,530 Cr ₹20,839 Cr ₹23,182 Cr ₹21,612 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹1,541.37 Cr ₹586.62 Cr ₹4,659.49 Cr ₹1,266.86 Cr ₹4,207.22 Cr
Investing Cash Flow ₹1,730 Cr ₹616.94 Cr -₹5,923.85 Cr ₹2,690.84 Cr -₹4,871.66 Cr
Financing Cash Flow -₹2,096.86 Cr -₹1,696.43 Cr -₹1,475.01 Cr -₹1,312.87 Cr -₹1,077.6 Cr
Capital Expenditure ₹985.36 Cr ₹1,011.28 Cr ₹652.53 Cr ₹590.45 Cr ₹554.56 Cr
Free Cash Flow (computed) ₹556.01 Cr -₹424.66 Cr ₹4,006.96 Cr ₹676.41 Cr ₹3,652.66 Cr
Dividends Paid ₹2,082.89 Cr ₹1,680.78 Cr ₹1,462.09 Cr ₹1,242.8 Cr ₹1,023.31 Cr
Net Change in Cash ₹1,174.51 Cr -₹492.87 Cr -₹2,739.37 Cr ₹2,644.83 Cr -₹1,742.04 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹10,224 Cr ₹7,153.85 Cr ₹5,792.09 Cr ₹4,439.74 Cr ₹9,149.59 Cr ₹5,770.69 Cr ₹4,604.9 Cr ₹4,243.57 Cr ₹8,564.08 Cr ₹4,162.16 Cr ₹4,009.06 Cr ₹3,532.94 Cr
Other Income ₹110.25 Cr ₹138.54 Cr ₹153.92 Cr ₹163.32 Cr ₹194.64 Cr ₹186.38 Cr ₹157.76 Cr ₹203.58 Cr ₹225.43 Cr ₹167.42 Cr ₹137.06 Cr ₹140.23 Cr
Total Income ₹10,335 Cr ₹7,292.39 Cr ₹5,946.01 Cr ₹4,603.06 Cr ₹9,344.23 Cr ₹5,957.07 Cr ₹4,762.66 Cr ₹4,447.15 Cr ₹8,789.51 Cr ₹4,329.58 Cr ₹4,146.12 Cr ₹3,673.17 Cr
Cost of Materials Consumed ₹4,793.87 Cr ₹4,112.7 Cr ₹3,014.2 Cr ₹1,960.84 Cr ₹4,429.14 Cr ₹3,176.4 Cr ₹2,416.14 Cr ₹2,556.5 Cr ₹4,564.03 Cr ₹2,187.69 Cr ₹1,930.46 Cr ₹1,827 Cr
Purchases of Stock-in-Trade ₹378.67 Cr ₹166.9 Cr ₹103.7 Cr ₹99.15 Cr ₹174.46 Cr ₹103.82 Cr ₹85.25 Cr ₹66.88 Cr ₹177.96 Cr ₹176.07 Cr ₹177.77 Cr ₹97.06 Cr
Changes in Inventories ₹121.48 Cr -₹455.1 Cr -₹279.35 Cr ₹16.09 Cr ₹145.33 Cr -₹298.87 Cr -₹359.54 Cr -₹308.28 Cr -₹331.12 Cr -₹232.18 Cr -₹64.57 Cr ₹66.15 Cr
Employee Benefit Expense ₹831.42 Cr ₹819.88 Cr ₹767.77 Cr ₹696.48 Cr ₹766.08 Cr ₹671.97 Cr ₹656.01 Cr ₹666.57 Cr ₹637.39 Cr ₹624.96 Cr ₹598.46 Cr ₹628.68 Cr
Finance Costs ₹1.61 Cr ₹2.03 Cr ₹1.65 Cr ₹1.44 Cr ₹5.86 Cr ₹1.32 Cr ₹1.32 Cr ₹1.18 Cr ₹4.05 Cr ₹51 Lakh ₹1.51 Cr ₹1.07 Cr
Depreciation & Amortisation ₹172.95 Cr ₹135.44 Cr ₹126.49 Cr ₹120.79 Cr ₹137.58 Cr ₹110.93 Cr ₹111.19 Cr ₹107.68 Cr ₹118.54 Cr ₹107.46 Cr ₹108.26 Cr ₹108.94 Cr
Other Expenses ₹1,117.34 Cr ₹382.23 Cr ₹483.6 Cr ₹428.91 Cr ₹818.52 Cr ₹447.88 Cr ₹407.09 Cr ₹313.7 Cr ₹1,228.59 Cr ₹333.12 Cr ₹352.77 Cr ₹241.54 Cr
Total Expenses ₹7,417.34 Cr ₹5,164.08 Cr ₹4,218.06 Cr ₹3,323.7 Cr ₹6,476.97 Cr ₹4,213.45 Cr ₹3,317.46 Cr ₹3,404.23 Cr ₹6,399.44 Cr ₹3,197.63 Cr ₹3,104.66 Cr ₹2,970.44 Cr
Profit Before Exceptional Items & Tax ₹2,917.34 Cr ₹2,128.31 Cr ₹1,727.95 Cr ₹1,279.36 Cr ₹2,867.26 Cr ₹1,743.62 Cr ₹1,445.2 Cr ₹1,042.92 Cr ₹2,390.07 Cr ₹1,131.95 Cr ₹1,041.46 Cr ₹702.73 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹2,917.34 Cr ₹2,128.31 Cr ₹1,727.95 Cr ₹1,279.36 Cr ₹2,867.26 Cr ₹1,743.62 Cr ₹1,445.2 Cr ₹1,042.92 Cr ₹2,390.07 Cr ₹1,131.95 Cr ₹1,041.46 Cr ₹702.73 Cr
Total Tax Expense ₹703.15 Cr ₹558.12 Cr ₹449.53 Cr ₹318.69 Cr ₹746.25 Cr ₹442.35 Cr ₹361.32 Cr ₹261.93 Cr ₹604.41 Cr ₹283.83 Cr ₹260.73 Cr ₹174.13 Cr
Net Profit ₹2,226.35 Cr ₹1,579.7 Cr ₹1,287.16 Cr ₹969.05 Cr ₹2,127.02 Cr ₹1,311.6 Cr ₹1,092.78 Cr ₹791.28 Cr ₹1,796.67 Cr ₹860.26 Cr ₹789.71 Cr ₹538.6 Cr
  attributable to Owners ₹2,225.22 Cr ₹1,579.1 Cr ₹1,287.77 Cr ₹969.91 Cr ₹2,127.04 Cr ₹1,310.95 Cr ₹1,092.45 Cr - ₹1,797.11 Cr ₹859.58 Cr ₹789.35 Cr -
  attributable to NCI ₹1.13 Cr ₹60 Lakh -₹61 Lakh -₹86 Lakh -₹2 Lakh ₹65 Lakh ₹33 Lakh - -₹44 Lakh ₹68 Lakh ₹36 Lakh -
Other Comprehensive Income -₹7.12 Cr ₹49.66 Cr -₹25.16 Cr ₹18.33 Cr -₹73.53 Cr ₹45.54 Cr -₹17.05 Cr ₹52.26 Cr -₹86.62 Cr -₹36.43 Cr ₹5.7 Cr ₹59.63 Cr
Total Comprehensive Income ₹2,219.23 Cr ₹1,629.36 Cr ₹1,262 Cr ₹987.38 Cr ₹2,053.49 Cr ₹1,357.14 Cr ₹1,075.73 Cr ₹843.54 Cr ₹1,710.05 Cr ₹823.83 Cr ₹795.41 Cr ₹598.23 Cr
EBITDA (computed) ₹3,091.9 Cr ₹2,265.78 Cr ₹1,856.09 Cr ₹1,401.59 Cr ₹3,010.7 Cr ₹1,855.87 Cr ₹1,557.71 Cr ₹1,151.78 Cr ₹2,512.66 Cr ₹1,239.92 Cr ₹1,151.23 Cr ₹812.74 Cr
Basic EPS ₹3.04 ₹2.16 ₹1.76 ₹1.33 ₹2.91 ₹1.79 ₹1.50 ₹1.08 ₹2.46 ₹1.17 ₹1.08 ₹0.74
Diluted EPS ₹3.04 ₹2.16 ₹1.76 ₹1.33 ₹2.91 ₹1.79 ₹1.50 ₹1.08 ₹2.46 ₹1.17 ₹1.08 ₹0.74
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Exempted ₹0 ₹0 ₹0 ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Exempted ₹0 ₹0 - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹27,480 Cr ₹23,658 Cr ₹20,169 Cr ₹17,646 Cr ₹15,314 Cr ₹14,064 Cr ₹12,921 Cr
Other Income ₹590.39 Cr ₹767.59 Cr ₹755.84 Cr ₹360.02 Cr ₹233.59 Cr ₹126.1 Cr ₹101.94 Cr
Total Income ₹28,070 Cr ₹24,426 Cr ₹20,925 Cr ₹18,006 Cr ₹15,547 Cr ₹14,190 Cr ₹13,023 Cr
Cost of Materials Consumed ₹13,806 Cr ₹12,561 Cr ₹10,498 Cr ₹9,378.44 Cr ₹8,125.98 Cr ₹6,723.94 Cr ₹5,894.76 Cr
Purchases of Stock-in-Trade ₹748.42 Cr ₹430.41 Cr ₹628.86 Cr ₹827.85 Cr ₹1,053.49 Cr ₹1,233.21 Cr ₹950.97 Cr
Changes in Inventories -₹574.74 Cr -₹810.83 Cr -₹560.57 Cr -₹397.45 Cr -₹276.97 Cr -₹129.33 Cr ₹259.43 Cr
Employee Benefit Expense ₹3,090.91 Cr ₹2,734.36 Cr ₹2,466.7 Cr ₹2,297.73 Cr ₹2,109.39 Cr ₹1,940.68 Cr ₹2,057.49 Cr
Finance Costs ₹6.72 Cr ₹9.61 Cr ₹7.02 Cr ₹14.79 Cr ₹4.85 Cr ₹6.08 Cr ₹3.26 Cr
Depreciation & Amortisation ₹523.93 Cr ₹435.58 Cr ₹412.43 Cr ₹407.87 Cr ₹380.18 Cr ₹366.33 Cr ₹349.64 Cr
Other Expenses ₹2,394.1 Cr ₹1,975.08 Cr ₹2,138.61 Cr ₹1,492.11 Cr ₹992.63 Cr ₹1,114.21 Cr ₹1,028.33 Cr
Total Expenses ₹19,995 Cr ₹17,336 Cr ₹15,591 Cr ₹14,021 Cr ₹12,390 Cr ₹11,255 Cr ₹10,544 Cr
Profit Before Exceptional Items & Tax ₹8,075.04 Cr ₹7,089.99 Cr ₹5,334.56 Cr ₹3,984.88 Cr ₹3,157.8 Cr ₹2,934.81 Cr ₹2,479.17 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹8,075.04 Cr ₹7,089.99 Cr ₹5,334.56 Cr ₹3,984.88 Cr ₹3,157.8 Cr ₹2,934.81 Cr ₹2,479.17 Cr
Total Tax Expense ₹2,026.56 Cr ₹1,801.74 Cr ₹1,314.56 Cr ₹978.21 Cr ₹808.87 Cr ₹869.39 Cr ₹685.34 Cr
Net Profit ₹6,048.48 Cr ₹5,288.25 Cr ₹4,020 Cr ₹3,006.67 Cr ₹2,348.93 Cr ₹2,065.42 Cr ₹1,793.83 Cr
Other Comprehensive Income ₹34.69 Cr ₹8.28 Cr -₹57.64 Cr -₹166.24 Cr -₹149.21 Cr -₹87.09 Cr -₹38.14 Cr
Total Comprehensive Income ₹6,083.17 Cr ₹5,296.53 Cr ₹3,962.36 Cr ₹2,840.43 Cr ₹2,199.72 Cr ₹1,978.33 Cr ₹1,755.69 Cr
EBITDA (computed) ₹8,605.69 Cr ₹7,535.18 Cr ₹5,754.01 Cr ₹4,407.54 Cr ₹3,542.83 Cr ₹3,307.22 Cr ₹2,832.07 Cr
Basic EPS ₹8.27 ₹7.23 ₹5.50 ₹4.11 ₹9.64 ₹8.48 ₹7.36
Diluted EPS ₹8.27 ₹7.23 ₹5.50 ₹4.11 ₹9.64 ₹8.48 ₹7.36
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹44,090 Cr ₹40,418 Cr ₹39,156 Cr ₹35,054 Cr
Non-current Assets ₹6,316.99 Cr ₹5,790.91 Cr ₹5,264.5 Cr ₹5,151.2 Cr
Current Assets ₹37,773 Cr ₹34,627 Cr ₹33,891 Cr ₹29,903 Cr
Property, Plant & Equipment ₹3,405.38 Cr ₹3,124.19 Cr ₹2,699.11 Cr ₹2,596.3 Cr
Inventories ₹10,094 Cr ₹9,069.66 Cr ₹7,407.59 Cr ₹6,406.18 Cr
Trade Receivables ₹12,845 Cr ₹9,091.96 Cr ₹7,362.19 Cr ₹7,022.01 Cr
Cash & Equivalents ₹1,826.93 Cr ₹681.68 Cr ₹1,149 Cr ₹3,864.18 Cr
Equity (Net Worth) ₹23,698 Cr ₹19,698 Cr ₹16,082 Cr ₹13,582 Cr
Equity Share Capital ₹730.98 Cr ₹730.98 Cr ₹730.98 Cr ₹730.98 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹0 ₹0 ₹0 ₹0
Current Liabilities ₹19,175 Cr ₹19,699 Cr ₹21,990 Cr ₹20,509 Cr
Total Liabilities ₹20,393 Cr ₹20,720 Cr ₹23,073 Cr ₹21,472 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹1,494.34 Cr ₹480.41 Cr ₹4,648.01 Cr ₹1,155.19 Cr ₹4,161.16 Cr
Investing Cash Flow ₹1,747.39 Cr ₹748.41 Cr -₹5,888.85 Cr ₹2,782.04 Cr -₹4,860.56 Cr
Financing Cash Flow -₹2,096.48 Cr -₹1,696.14 Cr -₹1,474.34 Cr -₹1,312.09 Cr -₹1,077.21 Cr
Capital Expenditure ₹983.12 Cr ₹1,004.07 Cr ₹647.14 Cr ₹563.82 Cr ₹553.48 Cr
Free Cash Flow (computed) ₹511.22 Cr -₹523.66 Cr ₹4,000.87 Cr ₹591.37 Cr ₹3,607.68 Cr
Dividends Paid ₹2,082.52 Cr ₹1,680.56 Cr ₹1,461.54 Cr ₹1,242.39 Cr ₹1,023.31 Cr
Net Change in Cash ₹1,145.25 Cr -₹467.32 Cr -₹2,715.18 Cr ₹2,625.14 Cr -₹1,776.61 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹10,177 Cr ₹7,121.98 Cr ₹5,763.65 Cr ₹4,416.83 Cr ₹9,119.71 Cr ₹5,756.12 Cr ₹4,583.41 Cr ₹4,198.77 Cr ₹8,528.54 Cr ₹4,136.69 Cr ₹3,993.32 Cr ₹3,510.84 Cr
Other Income ₹108.15 Cr ₹159.52 Cr ₹159.1 Cr ₹163.62 Cr ₹194.18 Cr ₹205.08 Cr ₹166.83 Cr ₹201.5 Cr ₹220.52 Cr ₹223.15 Cr ₹170.51 Cr ₹141.66 Cr
Total Income ₹10,285 Cr ₹7,281.5 Cr ₹5,922.75 Cr ₹4,580.45 Cr ₹9,313.89 Cr ₹5,961.2 Cr ₹4,750.24 Cr ₹4,400.27 Cr ₹8,749.06 Cr ₹4,359.84 Cr ₹4,163.83 Cr ₹3,652.5 Cr
Cost of Materials Consumed ₹4,769.92 Cr ₹4,093.74 Cr ₹2,992.1 Cr ₹1,949.88 Cr ₹4,429.44 Cr ₹3,191.02 Cr ₹2,419.79 Cr ₹2,521.15 Cr ₹4,571.12 Cr ₹2,184.61 Cr ₹1,924.53 Cr ₹1,817.36 Cr
Purchases of Stock-in-Trade ₹378.67 Cr ₹166.9 Cr ₹103.7 Cr ₹99.15 Cr ₹174.46 Cr ₹103.82 Cr ₹85.25 Cr ₹66.88 Cr ₹177.96 Cr ₹176.07 Cr ₹177.77 Cr ₹97.06 Cr
Changes in Inventories ₹126.35 Cr -₹449.29 Cr -₹267.88 Cr ₹16.08 Cr ₹152.03 Cr -₹302.04 Cr -₹363.42 Cr -₹297.4 Cr -₹349.7 Cr -₹223.72 Cr -₹57.13 Cr ₹69.98 Cr
Employee Benefit Expense ₹825.88 Cr ₹813.68 Cr ₹761.16 Cr ₹690.19 Cr ₹758.23 Cr ₹665.32 Cr ₹650.03 Cr ₹660.78 Cr ₹630 Cr ₹619.57 Cr ₹593.43 Cr ₹623.7 Cr
Finance Costs ₹1.6 Cr ₹2.03 Cr ₹1.65 Cr ₹1.44 Cr ₹5.8 Cr ₹1.31 Cr ₹1.32 Cr ₹1.18 Cr ₹3.93 Cr ₹51 Lakh ₹1.51 Cr ₹1.07 Cr
Depreciation & Amortisation ₹165.13 Cr ₹127.45 Cr ₹118.47 Cr ₹112.88 Cr ₹129.78 Cr ₹102.92 Cr ₹103.16 Cr ₹99.72 Cr ₹110.93 Cr ₹99.8 Cr ₹100.43 Cr ₹101.27 Cr
Other Expenses ₹1,113.95 Cr ₹379.31 Cr ₹479.25 Cr ₹421.59 Cr ₹816.53 Cr ₹444.7 Cr ₹403.23 Cr ₹310.62 Cr ₹1,219.21 Cr ₹330.74 Cr ₹350.35 Cr ₹238.31 Cr
Total Expenses ₹7,381.5 Cr ₹5,133.82 Cr ₹4,188.45 Cr ₹3,291.21 Cr ₹6,466.27 Cr ₹4,207.05 Cr ₹3,299.36 Cr ₹3,362.93 Cr ₹6,363.45 Cr ₹3,187.58 Cr ₹3,090.89 Cr ₹2,948.75 Cr
Profit Before Exceptional Items & Tax ₹2,903.82 Cr ₹2,147.68 Cr ₹1,734.3 Cr ₹1,289.24 Cr ₹2,847.62 Cr ₹1,754.15 Cr ₹1,450.88 Cr ₹1,037.34 Cr ₹2,385.61 Cr ₹1,172.26 Cr ₹1,072.94 Cr ₹703.75 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹2,903.82 Cr ₹2,147.68 Cr ₹1,734.3 Cr ₹1,289.24 Cr ₹2,847.62 Cr ₹1,754.15 Cr ₹1,450.88 Cr ₹1,037.34 Cr ₹2,385.61 Cr ₹1,172.26 Cr ₹1,072.94 Cr ₹703.75 Cr
Total Tax Expense ₹700.66 Cr ₹557.62 Cr ₹448.17 Cr ₹320.11 Cr ₹742.84 Cr ₹438.09 Cr ₹359.61 Cr ₹261.2 Cr ₹602.09 Cr ₹278.96 Cr ₹260.6 Cr ₹172.91 Cr
Net Profit ₹2,203.16 Cr ₹1,590.06 Cr ₹1,286.13 Cr ₹969.13 Cr ₹2,104.78 Cr ₹1,316.06 Cr ₹1,091.27 Cr ₹776.14 Cr ₹1,783.52 Cr ₹893.3 Cr ₹812.34 Cr ₹530.84 Cr
Other Comprehensive Income -₹10.9 Cr ₹52.43 Cr -₹25.19 Cr ₹18.35 Cr -₹72.52 Cr ₹45.6 Cr -₹17.05 Cr ₹52.25 Cr -₹86.54 Cr -₹36.42 Cr ₹5.69 Cr ₹59.63 Cr
Total Comprehensive Income ₹2,192.26 Cr ₹1,642.49 Cr ₹1,260.94 Cr ₹987.48 Cr ₹2,032.26 Cr ₹1,361.66 Cr ₹1,074.22 Cr ₹828.39 Cr ₹1,696.98 Cr ₹856.88 Cr ₹818.03 Cr ₹590.47 Cr
EBITDA (computed) ₹3,070.55 Cr ₹2,277.16 Cr ₹1,854.42 Cr ₹1,403.56 Cr ₹2,983.2 Cr ₹1,858.38 Cr ₹1,555.36 Cr ₹1,138.24 Cr ₹2,500.47 Cr ₹1,272.57 Cr ₹1,174.88 Cr ₹806.09 Cr
Basic EPS ₹3.01 ₹2.17 ₹1.76 ₹1.33 ₹2.87 ₹1.81 ₹1.49 ₹1.06 ₹2.44 ₹1.22 ₹1.11 ₹0.73
Diluted EPS ₹3.01 ₹2.17 ₹1.76 ₹1.33 ₹2.87 ₹1.81 ₹1.49 ₹1.06 ₹2.44 ₹1.22 ₹1.11 ₹0.73
Latest 12 quarters shown of 24 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Exempted ₹0 ₹0 ₹0 ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Exempted ₹0 ₹0 - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Bharat Electronics Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Bharat Electronics Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 51.14%, foreign institutional investors hold 19.50%, domestic institutional investors hold 19.99%, retail and other public shareholders hold 9.37% of Bharat Electronics Limited. The company had 2,530,896 shareholders on record.

Promoters: 51.14%DII (Domestic Institutional): 19.99%FII (Foreign Institutional): 19.50%Retail & Others: 9.37%
Mar 2026
QUARTER
51.14% Promoters
19.99% DII (Domestic Institutional)
19.50% FII (Foreign Institutional)
9.37% Retail & Others
Promoter holding - history
Now 51.14% · Mar 2026High 75.02% · Dec 2015Low 51.14% · Mar 2020
50%56.8%63.5%70.3%77%Dec 2015Dec 2017Jun 2020Dec 2022Jun 2025Dec 2015: 75.02%Mar 2016: 75.02%Jun 2016: 75.02%Sep 2016: 75.02%Nov 2016: 74.41%Dec 2016: 74.41%Mar 2017: 68.19%Jun 2017: 68.19%Sep 2017: 67.94%Oct 2017: 67.94%Dec 2017: 66.72%Mar 2018: 66.79%Jun 2018: 66.01%Sep 2018: 66.09%Dec 2018: 61.93%Mar 2019: 58.83%Jun 2019: 58.83%Sep 2019: 55.93%Dec 2019: 55.27%Mar 2020: 51.14%Jun 2020: 51.14%Sep 2020: 51.14%Dec 2020: 51.14%Mar 2021: 51.14%Jun 2021: 51.14%Sep 2021: 51.14%Dec 2021: 51.14%Mar 2022: 51.14%Jun 2022: 51.14%Sep 2022: 51.14%Dec 2022: 51.14%Mar 2023: 51.14%Jun 2023: 51.14%Sep 2023: 51.14%Dec 2023: 51.14%Mar 2024: 51.14%Jun 2024: 51.14%Sep 2024: 51.14%Dec 2024: 51.14%Mar 2025: 51.14%Jun 2025: 51.14%Sep 2025: 51.14%Dec 2025: 51.14%Mar 2026: 51.14%75.02%51.14%51.14%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters51.14%51.14%51.14%51.14%51.14%51.14%
Public48.86%48.86%48.86%48.86%48.86%48.86%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters51.14%51.14%51.14%51.14%51.14%51.14%51.14%58.83%66.79%68.19%75.02%
Public48.86%48.86%48.86%48.86%48.86%48.86%48.86%41.17%33.21%31.81%24.98%
Promoter change (YoY, %pts)+0.00+0.00+0.00+0.00+0.00+0.00-7.69-7.96-1.40-6.83-

Board & Governance of Bharat Electronics Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Bharat Electronics Limited has 12 directors - 3 independent and 7 executive. The board is chaired by Manoj Jain.

DirectorPositionOn board sinceListed boards
Manoj Jain Executive Director · MD · Chairperson 2022-09-26 1
Damodar Bhattad Executive Director 2023-01-11 1
Vikraman N Executive Director 2023-06-01 1
Venkata Suresh Kumar Kaipa Executive Director 2023-06-16 1
Rajnish Sharma Executive Director 2024-08-10 1
Harikumar Raghavan Nair Executive Director 2025-05-02 1
Kamesh Kasana Executive Director 2025-07-14 1
Meera Mohanty Non-Executive - Nominee Director 2025-07-16 3
Binoy Kumar Das Non-Executive - Nominee Director 2022-07-04 1
Vishwambhar Singh Non-Executive - Independent Director 2025-04-23 1
Pradeep Tripathi Non-Executive - Independent Director 2025-05-16 1
Bharatsinh Prabhatsinh Parmar Non-Executive - Independent Director 2025-05-21 1
Board Committees
CommitteeMembers
Audit Committee Vishwambhar Singh (Chairperson), Pradeep Tripathi, Bharatsinh Prabhatsinh Parmar
Nomination and remuneration committee Vishwambhar Singh (Chairperson), Pradeep Tripathi, Bharatsinh Prabhatsinh Parmar, Manoj Jain
Stakeholders Relationship Committee Pradeep Tripathi (Chairperson), Damodar Bhattad, Vikraman N, Kamesh Kasana
Risk Management Committee Venkata Suresh Kumar Kaipa (Chairperson), Bharatsinh Prabhatsinh Parmar, Damodar Bhattad, Rajnish Sharma, Kamesh Kasana

Group Structure of Bharat Electronics Limited

Bharat Electronics Limited has 2 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Bharat Electronics Limited's business expansion strategy and organizational complexity.

2
Subsidiary companies
2
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Bel Optonic Devices Limited U32100PN1990GOI058096 -
Bel-Thales Systems Limited U32106KA2014GOI076102 -

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Bharat Electronics Limited

Open charges
₹7,000 Cr
Satisfied charges
₹100 Cr
Breakdown by lending institutions
State Bank of India₹7,000.00 Cr
Latest charge details
DateLenderAmountStatus
16 Oct 2001 State Bank of India ₹7,000 Cr Open
31 Mar 2017 Others ₹100 Cr Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Bharat Electronics Limited

Bharat Electronics Limited has a workforce of 6,094 employees as of Apr 05, 2024.

Employee count
6,094
Active EPFO establishments
3
Employee growth
-6.09%
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Employee and EPFO history for Bharat Electronics Limited

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GST Compliance of Bharat Electronics Limited

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Credit Ratings, Litigation & Regulatory Alerts for Bharat Electronics Limited

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MSME Payment Delays by Bharat Electronics Limited

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Subsidiaries & Group Companies of Bharat Electronics Limited

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Corporate group structure for Bharat Electronics Limited

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MCA Filings & Documents of Bharat Electronics Limited

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Recent Activity on Bharat Electronics Limited

Charges
20 May 2026
A charge with State Bank Of India of Rs. 7,000.00 Cr registered on 16 Oct 2001 with Charge ID 80037904 was modified on 20 May 2026.
Activity
28 Aug 2025
Bharat Electronics Limited last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records.
Directors
16 Jul 2025
Meera Mohanty was appointed as a Nominee Director on 16 Jul 2025 & has been associated with this company since 1 year 27 days.
Directors
14 Jul 2025
Kamesh Kasana was appointed as a Whole-time director on 14 Jul 2025 & has been associated with this company since 1 year 29 days.
Directors
21 May 2025
Bharatsinh Prabhatsinh Parmar was appointed as a Director on 21 May 2025 & has been associated with this company since 1 year 2 months.
Directors
16 May 2025
Pradeep Tripathi was appointed as a Director on 16 May 2025 & has been associated with this company since 1 year 2 months.

Recent News on Bharat Electronics Limited

Frequently Asked Questions about Bharat Electronics Limited

Bharat Electronics Limited is an active public limited union government company in the aerospace, maritime and defense sector based in Bangalore, Karnataka, India. It was incorporated on 21 April 1954 (72+ years old) and is registered under CIN L32309KA1954GOI000787. Listed on BSE: 500049 and NSE: BEL. The company has 6,094 employees.

Bharat Electronics Limited reported revenue of ₹27,610 Cr for FY 2026 (up 16.16% YoY) based on consolidated NSE filings.

The current directors of Bharat Electronics Limited are:

The primary industry of Bharat Electronics Limited is aerospace, maritime and defense. The company specifically operates in defence tech and equipment. The company is currently active in this sector.

Yes. Bharat Electronics Limited is listed on both BSE (code: 500049) and NSE (symbol: BEL).

Bharat Electronics Limited can be reached at the registered office: Outer Ring Road Nagavara Bangalore, Karnataka, India – 560045, or through the website bel-india.in.

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