Why did Bharat Electronics (BEL) stock move recently?

On 7/28/2026, Bharat Electronics moved -4.5% — BEL shares fell after Q1 results showed revenue and profit growth but missed expectations on margins. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Bharat Electronics (BEL) overvalued or fairly valued?

MarketChacha shows Bharat Electronics's valuation in context — a forward P/E of about 34.5, a price-to-book of about 11.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Bharat Electronics's revenue?

Bharat Electronics reported revenue of ₹27,480 Cr for FY2026, with net profit of ₹6,048 Cr, per official filings.

What is the share price of Bharat Electronics (BEL)?

Bharat Electronics last traded at ₹392.15 (+1.1% on the day), as of 8/3/2026 — a delayed quote shown for education, not investment advice.

Bharat Electronics

BEL · NSE · Defense · India

Snapshot

TickerBEL

ExchangeNSE

SectorDefense

IndustryAerospace & Defense

CountryIndia

HeadquartersBengaluru, India

Websitewww.bel-india.in

Filings tracked2

About Bharat Electronics

Bharat Electronics Limited designs, manufactures, and supplies electronic equipment and systems for the defense and civilian markets in India. The company's defense products include defense communication products, land-based radars, naval systems, electronic warfare systems, avionics, electro optics, tank and armored fighting vehicle electronic systems, weapon systems, C4I systems, upgrades, shelters and masts, simulators, batteries, components and devices, fuzes and unmanned systems; microwave tubes and power modules, microwave super components, digital multichannel data recorders, and hybrid micro circuits; and micro-electro mechanical systems, such as pressure transducers, and conductivity temperature and depth sensors. Its non-defense products comprise e-governance systems, homeland security products, civilian radars, and telecom and broadcast systems; integrated traffic management systems, real time train information systems, and solar power solutions; and PD and strategic products, silicon radiation detectors, passive vacuum devices, EMI filters, and multichannel voice logging recorder systems. It also provides electronic manufacturing services, including PCB assembly and testing, precision fabrication, microwave integrated circuit assemblies, super components modules, cable assemblies, and antennae manufacturing services; designs and manufactures transformers, coils, chokes, and sub-assemblies; and software services. In addition, the company offers cyber security products, such as data diodes and secure storage products; EV charging stations; and platform screen doors. Further, the company provides security architecture conceptualization and consulting, and information security audit services. It exports its products to the United States, France, Spain, the United Kingdom, Mauritius, Seychelles, Mauritius, the Republic of Armenia, Sri Lanka, Sweden, and Israel. Bharat Electronics Limited was incorporated in 1954 and is headquartered in Bengaluru, India.

Who owns it

Promoters53.4%
Institutions29.0%
Public & other17.5%

273 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend17.0% → 22.0%

Margin has expanded by about 5.0 points — the business is getting more profitable.

Growth qualityrev 16% · PAT 26%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (BSE (official results filing)). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹7,928 Cr · EPS 2.20

Est. earnings growth +16.7%

Next fiscal year

Rev ₹37,673 Cr · EPS 11.33

Est. earnings growth +18.3%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: BSE (official results filing)

Annual

Quarterly · last 5

Revenue (FY2026)

₹27,480 Cr

Net margin

22.0%

Revenue CAGR (3y)

+15.9%

Profit CAGR (3y)

+26.2%

EPS (FY2026)

8.27

Net profit (FY2026)

₹6,048 Cr

Ask MarketChacha about BEL

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Why it moved

Jul 28, 2026
BEL shares fell after Q1 results showed revenue and profit growth but missed expectations on margins.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jun 24, 2026
BEL shares declined despite the company announcing fresh orders worth ₹1,081 crore, likely reflecting profit booking after recent gains or broader market/sector weakness.
source 1 ↗source 2 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about BEL

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin
FY2026	₹27,480 Cr	₹6,048 Cr	8.27	22.0%
FY2025	₹23,658 Cr	₹5,288 Cr	—	22.4%
FY2024	₹20,169 Cr	₹4,020 Cr	—	19.9%
FY2023	₹17,646 Cr	₹3,007 Cr	—	17.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	₹5,533 Cr	₹1,048 Cr	1.43	18.9%
2026Q1	₹10,177 Cr	₹2,203 Cr	3.01	21.6%
2025Q4	₹7,122 Cr	₹1,590 Cr	2.17	22.3%
2025Q3	₹5,764 Cr	₹1,286 Cr	—	22.3%
2025Q2	₹4,440 Cr	₹970 Cr	—	21.8%

Figures as reported, in ₹ (crore). Source: BSE (official results filing).

Filings & announcements

2026

Award_of_Order_Receipt_of_Order
Press Release: BEL receives order worth Rs.847 Crore.
BSE7/31/2026material
Press Release / Media Release
BEL receives orders worth Rs.1081 Crore.
BSE6/22/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.