About Bharat Electronics Limited
Data last updated: 24 December 2025
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 Meera Mohanty and Bharatsinh Prabhatsinh Parmar.
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 the financials filed for FY 2025, the company reported a revenue of ₹24,511 Cr, a growth of 17% compared to the previous year.
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 ₹5,000 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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressOuter Ring Road Nagavara Bangalore, Karnataka, India – 560045
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IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 |
|---|---|---|
| Offers undergraduate and postgraduate engineering courses in various disciplines. | kecua.ac.in | |
| 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 |
|---|---|---|---|
|
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Academic programs in engineering, technology, and research are provided. | Kharagpur, India, India | 1951 |
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Provider of healthcare IT solutions and defence components services | United States | 1969 |
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Solutions are specialized in space, defense, security, and surveillance sectors. | East Aurora, United States, United States | 1951 |
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Advanced electronic systems are manufactured for defence and aerospace applications. | Chennai, India, India | 1985 |
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Diversified operations are conducted across multiple industries by the conglomerate. | Velizy Villacoublay, France, France | 1817 |
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Public research university offering undergraduate and graduate programs across various disciplines | Mumbai, India, India | 1958 |
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Computer science engineering courses are offered by Kalvium college. | Bengaluru, India, India | 2021 |
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Multiple engineering courses and degrees are offered at the institute. | Kanpur, India, India | 1959 |
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Mission critical systems are provided by Ultra for defense sectors. | Greenford, United Kingdom, United Kingdom | 1920 |
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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 | ********* |
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 17 directors, with 99 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Meera Mohanty
Also directs:
Bharat Dynamics Limited, Beml Limited
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Nominee Director | 16 Jul 2025 | 0 Years 11 Months | Current |
| Bharatsinh Prabhatsinh Parmar | Director | 21 May 2025 | 1 Years 1 Months | Current |
| Binoy Kumar Das | Nominee Director | 04 Jul 2022 | 4 Years 0 Months | Current |
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Manoj Jain
Also directs:
Bel Optronic Devices Limited, Defence Innovation Organisation
|
Managing Director | 26 Sep 2022 | 3 Years 9 Months | Current |
| Shiv Nath Yadav | Director | 28 Dec 2021 | 4 Years 6 Months | Current |
| Narayanapillai Santhoshkumar | Director | 28 Dec 2021 | 4 Years 6 Months | Current |
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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 | - | - |
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.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 51.14% | 51.14% | 51.14% | 51.14% | 51.14% | 51.14% |
| Public | 48.86% | 48.86% | 48.86% | 48.86% | 48.86% | 48.86% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 51.14% | 51.14% | 51.14% | 51.14% | 51.14% | 51.14% | 51.14% | 58.83% | 66.79% | 68.19% | 75.02% |
| Public | 48.86% | 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.
| Director | Position | On board since | Listed 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 |
| Committee | Members |
|---|---|
| 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.
| 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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2001 | State Bank of India | ₹5,000 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 & EPFO Data of Bharat Electronics Limited
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GST Compliance of Bharat Electronics Limited
GSTIN & GST Filing Data of Bharat Electronics Limited
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Credit Ratings, Litigation & Regulatory Alerts for Bharat Electronics Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Bharat Electronics Limited
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MSME Payment Delays by Bharat Electronics Limited
MSME Payment Delays by Bharat Electronics Limited
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Subsidiaries & Group Companies of Bharat Electronics Limited
Subsidiaries & Group Companies of Bharat Electronics Limited
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MCA Filings & Documents of Bharat Electronics Limited
MCA Filings & Documents of Bharat Electronics Limited
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Recent Activity on Bharat Electronics Limited
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 ₹24,511 Cr for FY 2025 (up 17.00% YoY).
The current directors of Bharat Electronics Limited are:
- Meera Mohanty
- Bharatsinh Prabhatsinh Parmar
- Binoy Kumar Das
- Manoj Jain
- Shiv Nath Yadav
- Narayanapillai Santhoshkumar
- Nagarajan Vikraman
- Venkata Suresh Kumar Kaipa
- Shyama Kumari
- Vishwambhar Singh
- Bhanu Prakash Srivastava
- Rajnish Sharma
- Sreenivas Sripada
- Damodar Bhattad
- Harikumar Raghavan Nair
- Pradeep Tripathi
- Kamesh Kasana
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.