1. Is Bharat Electronics Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Bharat Electronics Ltd is a good quality company.
2. Is Bharat Electronics Ltd undervalued or overvalued?
The key valuation ratios of Bharat Electronics Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Bharat Electronics Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Bharat Electronics Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||14.4%||14.1%||15.4%||15.1%||18.3%||18%||22.9%||19.1%||19.7%||20.4%||-|
|Value Creation Index ⓘ||0.1||0.0||0.4||0.4||0.6||0.6||1.0||0.4||0.8||0.8||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||2.8%||9%||7.1%||17.5%||19.9%||17.1%||6.9%||8.8%||8.9%||-|
|Adj EPS ⓘ||1.1||1.2||1.4||1.6||2||1.9||2.6||2.5||2.8||3.2||3.8|
|YoY Gr. Rt. %||-||9.3%||22%||11.8%||26.7%||-7.4%||39.2%||-6.1%||12.2%||14.4%||-|
|BVPS (₹) ⓘ||8||8.9||10||11.3||10.2||10.6||12.3||13.5||14.8||16.4||18.2|
|Adj Net Profit ⓘ||854||935||1,143||1,272||1,501||1,378||1,921||1,805||2,025||2,319||2,785|
|Cash Flow from Ops. ⓘ||-1,654||-695||1,349||2,249||-97.4||-789||1,466||2,533||5,103||4,161||-|
|Debt/CF from Ops. ⓘ||0||0||0||0||-0.5||-0.1||0||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||12.7%||9.2%||6.4%||14.4%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||14.3||14||15.3||15.1||18.2||18.1||22.9||19.1||19.6||20.4||22.1|
|Op. Profit Mgn % ⓘ||10||13.9||16.7||18||19.6||16.9||22.5||19.5||22.4||21.5||22|
|Net Profit Mgn % ⓘ||14||14.9||16.7||17.4||17.4||13.4||15.9||14||14.4||15.2||16.2|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0||0||0||-|
|Working Cap Days ⓘ||540||563||543||443||384||429||442||463||474||470||0|
|Cash Conv. Cycle ⓘ||278||318||309||279||271||265||231||216||188||171||0|
Return on Equity has increased versus last 3 years average to 22.00%
Sales growth is good in last 4 quarters at 26.46%
Sales growth has been subdued in last 3 years 8.21%
Net Profit has been subdued in last 3 years 6.42%
|TTM EPS (₹)||3.8||3.8|
|TTM Sales (₹ Cr.)||17,207||17,272|
|BVPS (₹.) ⓘ||18.2||18.5|
|Reserves (₹ Cr.) ⓘ||12,550||12,803|
|From the Market|
|52 Week Low / High (₹)||62.30 / 115.00|
|All Time Low / High (₹)||0.17 / 115.00|
|Market Cap (₹ Cr.)||68,054|
|Equity (₹ Cr.)||731|
|Face Value (₹)||1|
|Industry PE ⓘ||19.6|
From humble beginnings in 1954, when Bharat Electronics (BEL) was set up in association with CSF, France (now, Thales), to manufacture basic communication equipment, the company now produces a wide range of state-of-the-art equipment in fields such as Defence Communication, Radars, Naval Systems, C4I Systems, Weapon Systems, Homeland Security, Telecom & Broadcast Systems, Electronic Warfare, Tank Electronics, Electro Optics, Professional Electronic Components and Solar Photovoltaic Systems, BEL also provides turnkey system solutions. Civilian products from BEL include Electronic Voting Machines, Tablet PC, solar-powered traffic signal systems and Access Control Systems.
Starting from a single Unit in Jalahalli, Bangalore, the company has established its presence across the country by setting up eight other Units - in Ghaziabad, Pune, Machilipatnam, Panchkula, Kotdwara, Navi Mumbai, Chennai and Hyderabad. Each Unit has a specific product mix and customer focus. The company has also set up a wide network of offices and service centres countrywide as well as two overseas offices – at New York and Singapore. The company was established to meet the specialized electronic equipment requirements of the Indian Defence Services. While this continues to be its prime focus, the company has a significant presence in the civilian market, too. It exports some of its products and services to a number of countries as well.
Business area of the company
The company is an Indian state-owned aerospace and defence company. It is owned by the Indian Government and primarily manufactures advanced electronic products for the Indian Armed.
Major events and milestones: