Valuation Bharat Electronics Limited NSE India S.E.

Stocks

Market Closed - NSE India S.E. 07:05:07 2026-08-21 EDT			5-day change	1st Jan Change
414.00 ^INR	+1.12%		+0.78%	+3.60%

08-21	India's Paras Defence sees exports doubling in FY27 on war-linked demand	RE
08-13	Bharat Electronics Limited Announces Management Changes, Effective August 13, 2026	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	3,022,594	-	-
Change	-	38.8%	106.51%	49.52%	33%	3.22%	-	-
Enterprise Value (EV) ¹	438,628	633,592	1,363,187	2,108,345	2,844,765	2,878,853	2,858,399	2,799,343
Change	-	44.45%	115.15%	54.66%	34.93%	1.2%	-0.71%	-2.07%
P/E	21.9x	23.7x	36.6x	41.7x	48.4x	43.4x	37.1x	32x
PBR	4.29x	5.25x	9.16x	11.2x	12.4x	10.6x	8.85x	7.42x
PEG	-	0.8x	1.1x	1.3x	3.4x	2.8x	2.2x	2x
Capitalization / Revenue	3.35x	4.04x	7.3x	9.31x	10.7x	9.46x	8.15x	7.1x
EV / Revenue	2.86x	3.59x	6.76x	8.91x	10.4x	9.01x	7.71x	6.58x
EV / EBITDA	13.3x	15.7x	27.3x	31.2x	35.5x	31.5x	26.8x	22.6x
EV / EBIT	15x	17.4x	29.7x	33.3x	38x	33.7x	28.5x	24.2x
EV / FCF	12.2x	107x	34x	-403x	556x	40.6x	50.3x	42.8x
FCF Yield	8.22%	0.94%	2.94%	-0.25%	0.18%	2.46%	1.99%	2.34%
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%	0.88%	1%	1.14%
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	413.50	413.50	413.50
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	5/23/22	5/20/23	5/20/24	5/19/25	5/19/26	-	-	-

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	40.95x	7.36x	30.58x	0.52%	361B
RTX CORPORATION	34.82x	3.22x	19.13x	1.36%	283B
ROLLS-ROYCE HOLDINGS PLC	35.18x	5.17x	21.78x	0.96%	170B
LOCKHEED MARTIN CORPORATION	18.5x	1.78x	12.8x	2.49%	130B
GENERAL DYNAMICS CORPORATION	22.61x	1.91x	15.63x	1.64%	104B
BAE SYSTEMS PLC	27.34x	1.95x	13.72x	1.87%	82.06B
NORTHROP GRUMMAN CORPORATION	18.99x	1.98x	14.05x	1.76%	78.28B
RHEINMETALL AG	33.64x	3.73x	16.36x	1.22%	62.95B
Average	29.00x	3.39x	18.01x	1.48%	158.93B
Weighted average by Cap.	32.43x	4.27x	21.01x	1.26%