	C 2012 Mar 31	C 2013 Mar 31	C 2014 Mar 31	2015 Mar 31	R 2016 Mar 31	C 2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Total Revenue	5,907	6,271	6,518	7,089	7,331	8,656	10,401	12,164	12,968	14,109	15,368	17,734	20,268	23,769	27,610
Cost of Operating Revenue	3,830	4,110	4,011	4,171	4,061	4,675	5,840	6,337	7,513	8,419	9,344	10,303	11,065	12,704	14,589
Gross Profit	2,077	2,162	2,507	2,917	3,270	3,982	4,561	5,827	5,455	5,690	6,024	7,431	9,203	11,065	13,021
Gross Margin	35.2	34.5	38.5	41.2	44.6	46.0	43.8	47.9	42.1	40.3	39.2	41.9	45.4	46.6	47.2
Total Operating Expenses	5,402	5,751	5,731	6,080	6,133	7,081	8,633	9,577	10,567	11,285	12,428	14,052	15,568	17,401	20,116
Operating Profit	505	520	787	1,009	1,197	1,575	1,768	2,587	2,401	2,824	2,940	3,682	4,700	6,368	7,494
Operating Margin	8.6	8.3	12.1	14.2	16.3	18.2	17.0	21.3	18.5	20.0	19.1	20.8	23.2	26.8	27.1
Financing Income/(Expense) - Net	581	587	409	498	506	401	184	56	71	114	222	261	652	726	-7
Profit before Taxes	1,103	1,147	1,206	1,513	1,764	1,983	1,957	2,628	2,478	2,942	3,166	3,923	5,266	7,099	8,053
Income Taxes	256	236	254	316	427	486	550	780	686	872	812	983	1,323	1,812	2,029
Profit after Tax	847	911	951	1,197	1,337	1,524	1,432	1,886	1,824	2,099	2,399	2,984	3,985	5,321	6,062
PAT Margin	14.3	14.5	14.6	16.9	18.2	17.6	13.8	15.5	14.1	14.9	15.6	16.8	19.7	22.4	22.0
EPS - Basic - ex Extraordinary Items	1.07	1.15	1.20	1.51	1.69	1.98	1.94	2.58	2.50	2.87	3.28	4.08	5.45	7.28	8.29
EPS - Diluted - ex Extraordinary Items	1.07	1.15	1.20	1.51	1.69	1.98	1.94	2.58	2.50	2.87	3.28	4.08	5.45	7.28	8.29
EBIT	505	520	787	1,009	1,197	1,575	1,768	2,587	2,401	2,824	2,940	3,682	4,700	6,368	7,494
EBITDA	631	657	937	1,175	1,389	1,787	2,040	2,925	2,773	3,211	3,341	4,111	5,143	6,835	8,049
EBITDA Margin	10.7	10.5	14.4	16.6	19.0	20.6	19.6	24.0	21.4	22.8	21.7	23.2	25.4	28.8	29.2

Balance Sheet

Abridged

Understanding Balance Sheet

Bharat Electronics Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	R 2012 Mar 31	R 2013 Mar 31	R 2014 Mar 31	R 2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	R 2018 Mar 31	2019 Mar 31	2020 Mar 31	R 2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	PRESS
Total Current Assets	13,815	13,408	13,359	13,832	15,833	14,067	14,305	15,874	18,738	23,713	27,294	30,048	34,063	34,858	38,057
Long-Term Investments	0	0	0	0	242	307	733	834	948	1,116	1,339	449	531	582	650
Property Plant & Equipment - Net	644	836	963	1,015	1,281	1,755	2,134	2,462	2,814	2,883	2,955	3,056	3,245	3,682	3,967
Total Non-Current Assets	1,205	1,443	1,617	1,937	2,772	3,530	4,656	4,946	5,610	5,776	6,617	5,443	5,464	5,974	6,481
Total Assets	15,041	14,851	14,976	15,769	18,604	17,596	18,961	20,821	24,348	29,490	33,911	35,491	39,527	40,832	44,538
Total Current Liabilities	8,827	7,814	7,166	6,755	8,451	8,751	9,896	10,449	12,866	16,830	19,581	20,566	22,027	19,753	19,260
Long Term Debt	0	0	0	-	-	17	33	-	2	1	52	59	60	59	62
Total Non-Current Liabilities	309	386	365	551	702	909	1,027	1,142	1,396	1,586	2,027	1,046	1,156	1,086	1,271
Total Liabilities	9,136	8,200	7,531	7,306	9,153	9,660	10,923	11,591	14,261	18,415	21,608	21,612	23,182	20,839	20,530
Total Shareholders' Equity	5,902	6,647	7,441	8,457	9,446	7,923	8,024	9,216	10,073	11,060	12,286	13,862	16,326	19,974	23,988
Minority Interest	3	3	4	6	5	14	13	13	14	15	16	18	18	19	19
Total Equity	5,905	6,651	7,445	8,463	9,451	7,937	8,037	9,230	10,087	11,075	12,302	13,879	16,344	19,993	24,007
Total Liabilities & Equity	15,041	14,851	14,976	15,769	18,604	17,596	18,961	20,821	24,348	29,490	33,911	35,491	39,527	40,832	44,538

Cash Flow

Abridged

Understanding Cash Flow Statement

Bharat Electronics Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	C 2013 Mar 31	C 2014 Mar 31	2015 Mar 31	R 2016 Mar 31	C 2017 Mar 31	2018 Mar 31	C 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	C 2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	1,042	1,125	1,089	1,426	1,496	1,431	1,603	2,330	2,332	2,943	2,845	3,996	5,399	5,961	6,682
Working Capital - Increase/(Decrease)	-281	-2,104	-1,237	436	1,218	-1,161	-2,133	-793	306	2,205	1,534	-2,534	-304	-4,710	-4,559
Net CF from Operating Activities	761	-980	-148	1,863	2,714	270	-530	1,537	2,637	5,147	4,379	1,462	5,095	1,250	2,123
Capital Expenditures - Net	239	353	369	225	653	792	806	729	746	468	547	589	644	1,008	981
Net CF from Investing Activities	-1,536	1,193	334	-1,271	-1,931	2,771	-165	-932	-720	-2,656	-5,048	2,430	-6,366	-57	1,142
Dividends Paid - Cash - Total	238	157	209	220	294	683	820	566	980	1,023	1,023	1,243	1,462	1,681	2,083
Stock - Issuance/(Retirement) - Net	-	-	-	-	-	-2,171	-372	-	-	-	-	-	-	-	-
Debt - LT & ST - Issuance/(Retirement) - Total	0	0	0	25	4	35	17	-47	-26	-10	-2	-4	-6	-6	-7
Net Cash Flow from Financing Activities	-239	-157	-209	-206	-312	-2,844	-1,200	-650	-1,057	-1,069	-1,073	-1,247	-1,468	-1,687	-2,090
Free Cash Flow to Equity	521	-1,333	-517	1,662	2,065	-487	-1,319	761	1,865	4,670	3,830	869	4,445	236	1,134
Free Operating CF net dividend	277	-1,525	-732	1,415	1,760	-1,208	-2,157	241	911	3,655	2,801	-371	2,980	-1,442	-945
Free Operating CF	516	-1,368	-523	1,635	2,055	-524	-1,337	808	1,891	4,678	3,824	872	4,442	239	1,138

Business Segment Analysis

FY End:

Mar 25

Bharat Electronics Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

Defence production (100.0%)₹ 1,011.28 Cr

Revenue / Sales

Defence production (100.0%)₹ 23,768.75 Cr

Assets

Defence production (100.0%)₹ 40,831.86 Cr

Operating Income

Defence production (100.0%)₹ 6,367.61 Cr

Regional Segment Analysis

Bharat Electronics Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

We don't have enough data to show regional segment analysis for Bharat Electronics Ltd.

Historical Segment Analysis

Track how Bharat Electronics Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Operating Income

Business

Regional

Business

	2024 Mar 31	2025 Mar 31

Defence production	653	1,011

Frequently Asked Questions

What is the revenue of Bharat Electronics Ltd.?

The latest trailing twelve month revenue of Bharat Electronics Ltd. is ₹ 27,610.10 Cr, reflecting a 1-year growth of 16.16% and a 3-year CAGR of 15.90%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Bharat Electronics Ltd.?

The latest trailing twelve month net profit (PAT) of Bharat Electronics Ltd. is ₹ 6,062.00 Cr, with a 3-year earnings CAGR of 26.63%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of Bharat Electronics Ltd.?

The trailing twelve month EBITDA of Bharat Electronics Ltd. is approximately ₹ 7,493.66 Cr (based on an operating margin of 27.14%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of Bharat Electronics Ltd.?

The trailing twelve month Earnings Per Share (EPS) of Bharat Electronics Ltd. is 8.29. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Bharat Electronics Ltd.?

The debt-to-equity ratio of Bharat Electronics Ltd. stands at 0.00. The interest coverage ratio is 1,113.47x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Bharat Electronics Ltd.?

The estimated book value per share of Bharat Electronics Ltd. is 33.46 (derived from a P/B ratio of 12.65 and market price of ₹ 423.15), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Bharat Electronics Ltd.?

The trailing twelve month operating cash flow of Bharat Electronics Ltd. is ₹ 2,122.97 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Bharat Electronics Ltd. report consolidated or standalone financials?

Bharat Electronics Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.