Bharat Electronics Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
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About
Bharat Electronics Limited (BEL) is an Indian public sector aerospace and defence electronics company that operates under the Ministry of Defence. BEL was conferred Navratna status by the Government of India in 2007 due to its contributions to the defence sector. BEL designs, develops and manufactures a wide range of electronic products for ground and aerospace applications. The company’s product portfolio includes land-based radars, naval systems, avionics, electro-optics, simulators and defense communication products among others. The company operates 9 manufacturing units in India and has built a global footprint by establishing offices in Singapore, Sri Lanka, Oman, Vietnam and the USA.
Incorporation Year: 1954
Headquarters: Bengaluru, Karnataka
Top Management: Government of India
Industry: Defence
Website: bel-india.in
Featured In Fortune India Ranking
Fortune 500 India
#109(2024)
#112(2023)
#114(2022)
#105(2021)
#112(2020)
#121(2019)
#143(2018)
#140(2017)
#161(2016)
#172(2015)
#176(2014)
#154(2013)
#153(2012)
#141(2011)
#123(2010)
#109(2024)#112(2023)#114(2022)#105(2021)#112(2020)#121(2019)#143(2018)#140(2017)#161(2016)#172(2015)#176(2014)#154(2013)#153(2012)#141(2011)#123(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
21,500
(INR Cr)
Net Operating Income
20,268
(INR Cr)
Assets
17,497
(INR Cr)
Profit
3,985
(INR Cr)
Net Worth
16,326
(INR Cr)
Fortune India Coverage
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Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 21500 16.8% | 18409 15.9% | 15880 10.6% | 14358 12.0% | 12818 3.6% | 12368 21.4% | 10186 7.3% | 9497 16.4% | 8159 7.8% | 7573 10.0% | 6882 -4.4% | 7200 8.8% | 6620 9.8% | 6031 4.4% | 5777 2.6% | 5634 - |
| Net Operating Income (INR Cr) | 20268 14.29% | 17734 15.40% | 15368 8.93% | 14109 8.80% | 12968 6.61% | 12164 16.95% | 10401 20.15% | 8656 17.71% | 7354 3.68% | 7093 8.82% | 6518 3.91% | 6273 6.06% | 5914 3.03% | 5740 7.01% | 5365 13.01% | 4747 12.86% |
| Profit (INR Cr) | 3985 33.5% | 2984 24.4% | 2399 14.3% | 2099 15.1% | 1824 -3.3% | 1886 31.8% | 1432 -6.0% | 1524 13.9% | 1337 11.7% | 1197 25.9% | 951 4.5% | 911 7.6% | 847 -3.5% | 878 19.1% | 737 -2.1% | 753 - |
| Assets (INR Cr) | 17497 17.2% | 14924 4.2% | 14329 13.2% | 12661 10.2% | 11491 10.4% | 10405 14.2% | 9111 2.5% | 8892 -12.7% | 10182 15.9% | 8784 12.5% | 7809 11.0% | 7037 13.3% | 6214 14.8% | 5415 20.9% | 4481 14.1% | 3926 - |
| Net Worth (INR Cr) | 16326 17.8% | 13862 12.8% | 12286 11.1% | 11060 9.8% | 10072 9.3% | 9212 14.9% | 8016 3.6% | 7736 -16.3% | 9246 13.9% | 8117 12.4% | 7220 11.3% | 6485 9.9% | 5902 14.6% | 5150 15.0% | 4477 14.1% | 3923 17.4% |
| Employee Cost (INR Cr) | 2489 7.4% | 2317 8.9% | 2128 8.8% | 1956 -5.7% | 2075 9.5% | 1896 6.0% | 1788 14.6% | 1560 23.1% | 1267 -1.1% | 1281 22.5% | 1046 -7.0% | 1125 2.9% | 1093 3.9% | 1052 5.4% | 998 32.9% | 751 - |
| Interest Cost (INR Cr) | 12 | 19 | 9 | 10 | 8 | 16 | 6 | 18 | 10 | 7 | 7 | 7 | 5 | 4 | 6 | 11 |
| Cash & Bank Balance (INR Cr) | 11057 | 8112 | 7564 | 5074 | 1661 | 972 | 841 | 3827 | 7216 | 6038 | 4605 | 5331 | 6820 | 6537 | 3587 | 2658 |
| Total Debt (INR Cr) | 63 | 61 | 53 | 3 | 8 | 34 | 80 | 64 | 28 | 25 | 0 | 1 | 1 | 1 | 1 | 2 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 18.5% | 16.2% | 15.1% | 14.6% | 14.2% | 15.3% | 14.1% | 16.0% | 16.4% | 15.8% | 13.8% | 12.7% | 12.8% | 14.6% | 12.8% | 13.4% |
| Profit As % Of Assets | 22.8% | 20.0% | 16.7% | 16.6% | 15.9% | 18.1% | 15.7% | 17.1% | 13.1% | 13.6% | 12.2% | 12.9% | 13.6% | 16.2% | 16.5% | 19.2% |
| Profit As % Of Networth | 24.4% | 21.5% | 19.5% | 19.0% | 18.1% | 20.5% | 17.9% | 19.7% | 14.5% | 14.8% | 13.2% | 14.0% | 14.4% | 17.1% | 16.5% | 19.2% |
| Interest Cost to EBITDA % | 0.2% | 0.5% | 0.3% | 0.3% | 0.3% | 0.6% | 0.3% | 1.0% | 0.7% | 0.6% | 0.7% | 1.0% | 0.7% | 0.4% | 0.7% | 1.1% |
| Debt to Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| RONW | 26.1% | 22.5% | 20.2% | 19.6% | 18.6% | 21.5% | 17.9% | 17.6% | 15.4% | 15.6% | 13.9% | 14.7% | 15.3% | 18.2% | 17.6% | 20.7% |
| ROCE | 32.6% | 27.0% | 23.6% | 24.5% | 22.7% | 27.1% | 21.8% | 21.0% | 18.7% | 18.3% | 16.3% | 17.4% | 19.1% | 24.1% | 25.6% | 30.8% |