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Bharat Electronics Limited BEL.NS

IN · National Stock Exchange of India · XNSE · stock · Industrials · website

Bharat Electronics Limited financials (annual)

Revenue
₹174.04B ₹199.05B ₹231.17B ₹267.96B 2023202420252026
Net income
₹29.84B ₹39.85B ₹53.21B ₹60.62B 2023202420252026
Free cash flow
₹6.09B ₹40.07B -₹4.47B ₹5.56B 2023202420252026

Bars are annual figures from 2023 to 2026; red bars are negative (a loss or cash outflow).

MetricFY2026FY2025FY2024FY2023
Revenue₹268.0B₹231.2B₹199.1B₹174.0B
Gross profit₹127.6B₹109.2B₹93.3B₹75.7B
SG&A expense₹918.8M₹638.0M₹640.8M₹582.5M
Operating income₹77.9B₹65.3B₹47.8B₹37.7B
Interest expense₹65.0M₹93.9M₹68.6M₹145.9M
Income tax₹20.3B₹18.1B₹13.2B₹9.8B
Net income₹60.6B₹53.2B₹39.8B₹29.8B
EPS (diluted)₹8.29₹7.28₹5.45₹4.09
Operating cash flow₹15.4B₹5.6B₹46.6B₹12.0B
Free cash flow₹5.6B-₹4.5B₹40.1B₹6.1B
Cash & equivalents₹18.9B₹7.1B₹12.1B₹39.5B
Inventory₹101.8B₹91.2B₹74.5B₹64.5B
Total assets₹445.4B₹408.3B₹395.3B₹354.9B
Total debt₹654.6M₹612.3M₹625.1M₹613.4M
Total liabilities₹205.3B₹208.4B₹231.8B₹216.1B
Shareholders' equity₹239.9B₹199.7B₹163.3B₹138.6B

Growth · year-over-year · Revenue CAGR 15.5%

MetricFY2026FY2025FY2024FY2023
Revenue growth+15.9%+16.1%+14.4%
Net income growth+13.9%+33.6%+33.5%
EPS growth+13.9%+33.6%+33.3%
Free cash flow growth-111.2%+558.2%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.