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VIJAY KUMAR GUPTA

8th Oct · SEBI-Registered Analyst

BEL
Bharat Electronics Limited (BEL) — Overview

BEL
BEL’s core business revolves around: Radars and Communication Systems Electronic Warfare and Avionics Missile Systems and Weapon Systems Network-Centric Systems and C4I Solutions Civilian products such as smart cities, solar power systems, and e-governance solutions. Financial Snapshot Market Cap: Around ₹3 lakh crore Revenue Growth: Consistent annual growth supported by large defence orders Profit After Tax: Over ₹2,000 crore per quarter recently Return on Equity (ROE): ~29% Return on Capital Employed (ROCE): ~39% Debt Level: Virtually debt-free company Dividend: Regular payer with strong cash reserves Order Book BEL maintains a strong order book of more than ₹70,000 crore, ensuring visibility of future revenues for the next several years. The order inflows are driven by India’s focus on indigenization and “Make in India” programs in defence manufacturing.

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