Bharat Electronics Ltd

Bharat Electronics Ltd

Fortune 500 2024
+ 14 More
+ 14 More
OVERVIEW
FINANCIALS
NEWS

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

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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)
12199108166181077754611
Cash & Bank Balance
(INR Cr)
110578112756450741661972841382772166038460553316820653735872658
Total Debt
(INR Cr)
636153383480642825011112

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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 0.000.000.000.000.000.000.010.010.000.000.000.000.000.000.000.00
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%