Valuation Bharat Electronics Limited

Stocks

Market Closed - Bombay S.E. Other stock markets 11:16:23 16/07/2026 BST			5-day change	1st Jan Change
407.05 ^INR	-1.00%		-0.15%	+1.84%

07-01	Bharat Electronics Limited Announces the Superannuation of Prabha Goyal as Executive Director (National Marketing) Delhi, Effective June 30, 2026	CI
07-01	Bharat Electronics Limited Announces Board Changes, Effective July 1, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	304,818	513,756	713,069	1,472,555	2,201,705	2,975,445	-	-
Change	-	68.55%	38.8%	106.51%	49.52%	35.14%	-	-
Enterprise Value (EV) ¹	291,151	438,628	633,592	1,363,187	2,108,345	2,844,765	2,847,110	2,810,871
Change	-	50.65%	44.45%	115.15%	54.66%	34.93%	-0.78%	-1.27%
P/E	14.8x	21.9x	23.7x	36.6x	41.7x	48.4x	42.6x	36.2x
PBR	2.82x	4.29x	5.25x	9.16x	11.2x	12.4x	10.4x	8.65x
PEG	-	1.6x	0.8x	1.1x	1.3x	3.4x	2.9x	2.1x
Capitalization / Revenue	2.17x	3.35x	4.04x	7.3x	9.31x	10.7x	9.35x	8.03x
EV / Revenue	2.07x	2.86x	3.59x	6.76x	8.91x	10.4x	8.95x	7.58x
EV / EBITDA	9.15x	13.3x	15.7x	27.3x	31.2x	35.5x	30.9x	26.2x
EV / EBIT	10.3x	15x	17.4x	29.7x	33.3x	38x	32.9x	27.9x
EV / FCF	6.28x	12.2x	107x	34x	-403x	556x	50x	56x
FCF Yield	15.9%	8.22%	0.94%	2.94%	-0.25%	0.18%	2%	1.79%
Dividend per Share ²	1.333	1.5	1.8	2.8	2.4	2.5	3.544	4.11
Rate of return	3.2%	2.13%	1.85%	1.39%	0.8%	0.62%	0.87%	1.01%
EPS ²	2.827	3.213	4.11	5.5	7.23	8.27	9.559	11.24
Distribution rate	47.2%	46.7%	43.8%	50.9%	33.2%	30.2%	37.1%	36.6%
Net sales ¹	140,638	153,138	176,462	201,694	236,580	274,796	318,266	370,593
EBITDA ¹	31,811	33,092	40,475	49,982	67,676	80,153	92,201	107,168
EBIT ¹	28,148	29,291	36,396	45,857	63,320	74,914	86,520	100,714
Net income ¹	20,654	23,489	30,067	40,200	52,882	60,485	69,837	82,144
Net Debt ¹	-13,667	-75,128	-79,477	-109,368	-93,361	-83,532	-128,335	-164,575
Reference price ²	41.70	70.28	97.55	201.45	301.20	407.05	407.05	407.05
Nbr of stocks (in thousands)	7,309,779	7,309,779	7,309,779	7,309,779	7,309,779	7,309,779	-	-
Announcement Date	22/06/21	23/05/22	20/05/23	20/05/24	19/05/25	19/05/26	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BHARAT ELECTRONICS LIMITED	49.39x	10.55x	36.65x	0.79%	31.23B
GE AEROSPACE	43.19x	7.89x	32.81x	0.49%	376B
RTX CORPORATION	34.15x	3.09x	18.37x	1.46%	264B
ROLLS-ROYCE HOLDINGS PLC	36.72x	4.94x	22.47x	0.88%	155B
LOCKHEED MARTIN CORPORATION	17.21x	1.68x	11.83x	2.73%	119B
GENERAL DYNAMICS CORPORATION	21.9x	1.84x	15.08x	1.75%	98.73B
NORTHROP GRUMMAN CORPORATION	18.77x	1.89x	13.39x	1.85%	74.6B
BAE SYSTEMS PLC	23.1x	1.7x	12.13x	2.18%	69.31B
L3HARRIS TECHNOLOGIES, INC.	24.71x	2.62x	14.54x	1.73%	53.43B
Average	29.90x	4.02x	19.70x	1.54%	137.81B
Weighted average by Cap.	33.05x	4.56x	22.02x	1.3%