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Bharat Electronics Limited

NSE: BELIndustrialsAerospace & Defense

Last close
₹368.15
Day change
+₹0.85 (+0.23%)vs
Market cap
₹2.80 lakh crIndian rupees
Research updated
1 report
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About Bharat Electronics

Bharat Electronics Limited is a leading Indian state-owned aerospace and defense company specializing in designing and manufacturing electronic products for the defense sector. Established in 1954 under the Ministry of Defence of India, it plays a critical role in ensuring technological self-reliance by producing a wide array of radar systems, communication equipment, and electronic warfare systems. Bharat Electronics Limited serves various sectors, such as the Indian Armed Forces, with solutions tailored for land, naval, and airborne deployments. Its products include advanced radars, avionics, missile systems, and sonar systems, making it a linchpin in India's defense readiness. Additionally, the company is involved in non-defense electronics and civic infrastructure, contributing to national development projects through electronics for railway signaling, solar photovoltaic systems, and electronic voting machines. As a significant player in the defense and civilian market segments, Bharat Electronics Limited is key to India's electronics manufacturing prowess and technological advancement, enhancing domestic capabilities while supporting national security measures.

Sector
Industrials
Industry
Aerospace & Defense
Listing
NSE: BEL
Employees
11,199
Headquarters
Bengaluru, India
ISIN
INE263A01024
Website
bel-india.in

Public research

The latest report on Bharat Electronics opens with Individual or above

Mool’s latest report on Bharat Electronics, of 2 Oct 2026, has no section published on the open web.

With Individual or above

What the full research on Bharat Electronics includes

Every piece of Mool’s research is built the same way: a researched evidence base, analyses that build on each other, a research model and a report with the call.

The report and Mool’s call

  • The 12-month rating and target
  • The 3-month view
  • Mool's estimates beside the street's
  • The claims the view rests on, and what would change it

The analyses, among them

  • Business model & financial foundationWhat the company does and how it makes money, its structure, five years of financials and the metrics that matter for it.
  • Future earnings & financial modelForecasts built from the drivers that move the business, by scenario, beside the street's.
  • Fundamental valuation & 12-month thesisWhat the business is worth on several methods, what the market already prices in and the 12-month thesis that follows.

The research model

The model behind the report: the company’s history, the drivers that move it, its forecasts by scenario and the valuation the 12-month target comes from.

See Mool’s call and the full research

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Report history

Reports on Bharat Electronics

  1. Research reportLatest

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Prices are the last close on the NSE, 9 Oct 2026. Research from Mool’s report of 2 Oct 2026; page updated 12 Oct 2026.

Mool’s research is written by AI agents and published by Mool Capital Private Limited, a SEBI-registered Research Analyst, registration INH000012449, which is responsible for it. This page shows factual company information; it carries no rating and is not investment advice for any individual. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Read the disclosures.