Valuation Bharat Electronics Limited

Stocks

Market Closed - Bombay S.E. Other stock markets 03:59:28 12/06/2026 pm IST			5-day change	1st Jan Change
406.55 ^INR	+1.04%		-0.37%	+1.71%

27/05	India seeks proposals for fifth generation combat jets, ANI reports	RE
27/05	India seeks proposals for fifth gen combat aircraft from L&T-Bharat Electronics, Tata Advanced Systems, Bharat Forge-BEML - ANI citing defence officials	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	3,04,818	5,13,756	7,13,069	14,72,555	22,01,705	29,71,791	-	-
Change	-	68.55%	38.8%	106.51%	49.52%	34.98%	-	-
Enterprise Value (EV) ¹	2,91,151	4,38,628	6,33,592	13,63,187	21,08,345	28,44,765	28,45,231	28,09,091
Change	-	50.65%	44.45%	115.15%	54.66%	34.93%	-0.72%	-1.27%
P/E Ratio	14.8x	21.9x	23.7x	36.6x	41.7x	48.4x	42.4x	36.1x
PBR	2.82x	4.29x	5.25x	9.16x	11.2x	12.4x	10.4x	8.64x
PEG	-	1.6x	0.8x	1.1x	1.3x	3.4x	2.8x	2.1x
Capitalization / Revenue	2.17x	3.35x	4.04x	7.3x	9.31x	10.7x	9.31x	8x
EV / Revenue	2.07x	2.86x	3.59x	6.76x	8.91x	10.4x	8.92x	7.56x
EV / EBITDA	9.15x	13.3x	15.7x	27.3x	31.2x	35.5x	30.8x	26.2x
EV / EBIT	10.3x	15x	17.4x	29.7x	33.3x	38x	32.8x	27.8x
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	3.557	4.118
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	9.582	11.25
Distribution rate	47.2%	46.7%	43.8%	50.9%	33.2%	30.2%	37.1%	36.6%
Net sales ¹	1,40,638	1,53,138	1,76,462	2,01,694	2,36,580	2,74,796	3,19,112	3,71,526
EBITDA ¹	31,811	33,092	40,475	49,982	67,676	80,153	92,439	1,07,372
EBIT ¹	28,148	29,291	36,396	45,857	63,320	74,914	86,863	1,00,990
Net income ¹	20,654	23,489	30,067	40,200	52,882	60,485	70,006	82,251
Net Debt ¹	-13,667	-75,128	-79,477	-1,09,368	-93,361	-83,532	-1,26,560	-1,62,700
Reference price ²	41.70	70.28	97.55	201.45	301.20	406.55	406.55	406.55
Nbr of stocks (in thousands)	73,09,779	73,09,779	73,09,779	73,09,779	73,09,779	73,09,779	-	-
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	48.83x	10.43x	36.23x	0.8%	3.13TCr
GE AEROSPACE	41.19x	7.39x	30.59x	0.53%	35TCr
RTX CORPORATION	32.03x	2.92x	17.32x	1.57%	25TCr
ROLLS-ROYCE HOLDINGS PLC	34.73x	4.66x	21.25x	0.94%	14TCr
GENERAL DYNAMICS CORPORATION	21.62x	1.82x	14.91x	1.77%	9.73TCr
NORTHROP GRUMMAN CORPORATION	19.68x	1.97x	13.98x	1.77%	7.82TCr
BAE SYSTEMS PLC	24.47x	1.79x	12.73x	2.07%	7.28TCr
RHEINMETALL AG	33.64x	3.8x	16.63x	1.29%	6.5TCr
ROCKET LAB CORPORATION	-395.48x	63.95x	-1138.99x	-.--%	5.93TCr
L3HARRIS TECHNOLOGIES, INC.	26.47x	2.8x	15.49x	1.61%	5.73TCr
Average	-11.28x	10.15x	-95.99x	1.24%	12.03TCr
Weighted average by Cap.	12.11x	7.45x	-35.64x	1.14%