Bharat Electronics Limited
Quality (88/100) does the heavy lifting; valuation (6/100) is the drag.
ExpensiveOvervaluedBharat Electronics Limited earns a Sell from StocksWizard, with a blended score of 42/100. At ₹387.55 it trades above our blended DCF and relative-multiples fair value of ₹225.05, about 42% downside to that estimate — we read it as overvalued by 42%. On 50.0x trailing earnings it sits pricier than the Industrials median of about 29.0x. The price is about 17% below its 52-week high of ₹468.45 and 7% above the low of ₹362.31. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9. The average analyst target of ₹490.18 implies about 26% upside across 28 analysts. It clears 7 of 13 investability checks, with durability 88, valuation 11 and momentum 22 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹180.04. Low-confidence estimate — limited data.
Analyst views
1-year price
EOD · 2026-07-2952-week range
-17.27% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell42Piotroski F-score 5/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Pass: ROE above 15%: 27.6%
- Pass: Low debt (D/E < 0.5): 0.00x
- Fail: Positive free cash flow
- Pass: Revenue growth > 10%: 12%
- Pass: Earnings growing: 5%
- Pass: Net margin ≥ 10%: 22.0%
- Pass: Current ratio > 1.5: 1.98
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 10.42
- Fail: Piotroski ≥ 7: 5/9
Quarterly results
Annual financials
Shareholding
- Promoter53.2%
- Institutions28.9%
- Public & other17.8%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Strong return on equity (27.6%).
- Lightly leveraged balance sheet.
- Healthy profit margin (22.0%).
- Financially solid — Altman Z 10.42.
Bear case
Weaknesses
- Price below its 200-day moving average (downtrend).
Threats
- Rich valuation versus sector peers.
- Trades ~42% above our estimated fair value.
About Bharat Electronics Limited
Bharat Electronics Limited manufactures electronic equipment and systems for India's defense and civilian sectors, including defense communications, radars, naval systems, electronic warfare, avionics, electro-optics, armored vehicle electronics, weapon systems, C4I systems, simulators, batteries, components, fuzes, and unmanned systems, along with associated upgrades, shelters, and masts.
Bharat Electronics Limited — frequently asked questions
Is Bharat Electronics Limited a buy, hold or sell?
StocksWizard currently rates Bharat Electronics Limited (BEL) a Sell, based on a blended score of 42/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Bharat Electronics Limited's fair value?
Our blended DCF and relative-valuation model estimates Bharat Electronics Limited's fair value at about ₹225.05, versus a current price of ₹387.55 — roughly 42% downside. On that basis the stock looks overvalued by 42%.
Is Bharat Electronics Limited financially healthy?
Bharat Electronics Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9.
How has Bharat Electronics Limited's share price performed?
Bharat Electronics Limited is down 10% over three months, and last traded at ₹387.55. Past performance doesn't predict future returns.
More in Industrials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.