Valuation Bharat Electronics Limited NSE India S.E.

Stocks

Market Closed - NSE India S.E. 15:05:07 11/09/2026 +04			5-day change	1st Jan Change
404.35 ^INR	-0.16%		-0.25%	+1.19%

09-08	Indian shares slide as oil nears $100; Nifty turns volatile during closing auction	RE
08-28	Bharat Electronics Limited Approves Final Dividend for the Financial Year 2025-26	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	513,756	713,069	1,472,555	2,201,705	2,928,297	2,945,841	-	-
Change	-	38.8%	106.51%	49.52%	33%	0.6%	-	-
Enterprise Value (EV) ¹	438,628	633,592	1,363,187	2,108,345	2,844,765	2,802,100	2,781,647	2,722,590
Change	-	44.45%	115.15%	54.66%	34.93%	-1.5%	-0.73%	-2.12%
P/E	21.9x	23.7x	36.6x	41.7x	48.4x	42.3x	36.2x	31.1x
PBR	4.29x	5.25x	9.16x	11.2x	12.4x	10.3x	8.62x	7.24x
PEG	-	0.8x	1.1x	1.3x	3.4x	2.8x	2.1x	1.9x
Capitalization / Revenue	3.35x	4.04x	7.3x	9.31x	10.7x	9.22x	7.94x	6.92x
EV / Revenue	2.86x	3.59x	6.76x	8.91x	10.4x	8.77x	7.5x	6.4x
EV / EBITDA	13.3x	15.7x	27.3x	31.2x	35.5x	30.7x	26x	22x
EV / EBIT	15x	17.4x	29.7x	33.3x	38x	32.8x	27.7x	23.5x
EV / FCF	12.2x	107x	34x	-403x	556x	39.5x	48.9x	41.6x
FCF Yield	8.22%	0.94%	2.94%	-0.25%	0.18%	2.53%	2.04%	2.4%
Dividend per Share ²	1.5	1.8	2.8	2.4	2.5	3.655	4.123	4.718
Rate of return	2.13%	1.85%	1.39%	0.8%	0.62%	0.91%	1.02%	1.17%
EPS ²	3.213	4.11	5.5	7.23	8.27	9.53	11.14	12.94
Distribution rate	46.7%	43.8%	50.9%	33.2%	30.2%	38.4%	37%	36.5%
Net sales ¹	153,138	176,462	201,694	236,580	274,796	319,530	370,947	425,461
EBITDA ¹	33,092	40,475	49,982	67,676	80,153	91,304	106,811	123,715
EBIT ¹	29,291	36,396	45,857	63,320	74,914	85,468	100,403	115,721
Net income ¹	23,489	30,067	40,200	52,882	60,485	69,662	81,392	94,652
Net Debt ¹	-75,128	-79,477	-109,368	-93,361	-83,532	-143,741	-164,194	-223,251
Reference price ²	70.28	97.55	201.45	301.20	400.60	403.00	403.00	403.00
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	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.($)
GE AEROSPACE	37.98x	6.85x	28.55x	0.56%	336B
RTX CORPORATION	32.86x	3.06x	18.15x	1.44%	267B
ROLLS-ROYCE HOLDINGS PLC	33.49x	4.92x	20.71x	1.01%	161B
LOCKHEED MARTIN CORPORATION	17.4x	1.69x	12.11x	2.64%	122B
GENERAL DYNAMICS CORPORATION	20.85x	1.77x	14.46x	1.78%	95.7B
NORTHROP GRUMMAN CORPORATION	17.88x	1.87x	13.31x	1.87%	73.72B
BAE SYSTEMS PLC	24.61x	1.79x	12.48x	2.06%	73.69B
RHEINMETALL AG	29.71x	3.26x	14.33x	1.38%	55.16B
Average	26.85x	3.15x	16.76x	1.59%	148.06B
Weighted average by Cap.	30.24x	4.00x	19.70x	1.35%