About Bharat Electronics Limited (BEL)
Bharat Electronics Limited is a Aerospace & Defense company operating in the Industrials sector. The company is headquartered in Bengaluru, India. BEL has been publicly traded since 2002, giving it 24+ years of trading history.
Bharat Electronics Limited (BEL) has been publicly traded since 2002, making it a 24-year-old public company. It operates in the Aerospace & Defense industry within the Industrials sector. The company is headquartered in Bengaluru, India and employs approximately 11,199 people. With a market capitalization of $3.2 trillion, BEL is one of the largest publicly traded companies.
BEL trades on the Indian stock exchanges (NSE/BSE) and is classified as a mega-cap-cap stock with a market capitalization of approximately $3.2 trillion. The company employs approximately 11,199 people worldwide.
Key Statistics
- Current Price
- ₹439.40
- Market Cap
- ₹3.21T
- 52-Week High
- ₹473.45
- 52-Week Low
- ₹256.20
- Sector
- Industrials
- Industry
- Aerospace & Defense
BEL Investment Performance
BEL has gained 10.4% year-to-date in 2026. Over the past 5 years, a $1,000 investment in BEL would have grown to $10,320, representing a 932.0% total return. Since its IPO in 2002, a $1,000 investment would now be worth $308,876.
₹1,000 Invested in Bharat Electronics Limited (BEL)
How much would ₹1,000 invested in BEL be worth today?
What would ₹1,000 invested in BEL 1 year ago be worth today?
A ₹1,000 investment in Bharat Electronics Limited (BEL) in 2025 would be worth ₹1,606 as of May 2026, representing a +60.6% total return.
What would ₹1,000 invested in BEL 3 years ago be worth today?
A ₹1,000 investment in Bharat Electronics Limited (BEL) in 2023 would be worth ₹4,787 as of May 2026, representing a +378.7% total return.
What would ₹1,000 invested in BEL 5 years ago be worth today?
A ₹1,000 investment in Bharat Electronics Limited (BEL) in 2021 would be worth ₹10,320 as of May 2026, representing a +932.0% total return.
What would ₹1,000 invested in BEL 10 years ago be worth today?
A ₹1,000 investment in Bharat Electronics Limited (BEL) in 2016 would be worth ₹12,700 as of May 2026, representing a +1170.0% total return.
What would ₹1,000 invested in BEL at IPO be worth today?
A ₹1,000 investment in Bharat Electronics Limited (BEL) at IPO would be worth ₹308,876 as of May 2026, representing a +30787.6% total return.
Monthly Returns Heatmap
Over the past 23+ years (284 months), Bharat Electronics Limited (BEL) has averaged a monthly return of +2.70% with a median return of +1.31%. The stock had 160 positive months (56%) and 124 negative months (44%). The best month in BEL's history was May 2009 with a +39.6% return, while the worst was October 2008 at -32.1%. Historically, December tends to be the strongest month (averaging +7.0%), and January the weakest (-0.2%).
BEL's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 7 consecutive months of losses. The best full year was 2003 with a cumulative return of +141.6%, and the worst was 2008 at -76.9%.
Annual Returns
Over 24 years of trading history, Bharat Electronics Limited (BEL) has delivered an average annual return of +44.04% with a median return of +37.08%. The compound annual growth rate (CAGR) is +27.93%. The stock posted gains in 18 years (75%) and losses in 6 years (25%).
BEL's best year was 2003 with a +257.62% gain, while the worst was 2008 at -63.79%. The longest streak of consecutive positive years was 8, and the longest losing streak was 4 years. BEL achieved double-digit gains (10%+) in 17 years. It suffered double-digit losses in 4 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +10.43% | ₹397.91 | ₹439.40 |
| 2025 | +37.39% | ₹289.63 | ₹397.91 |
| 2024 | +60.76% | ₹180.16 | ₹289.63 |
| 2023 | +87.62% | ₹96.03 | ₹180.16 |
| 2022 | +45.67% | ₹65.92 | ₹96.03 |
| 2021 | +79.85% | ₹36.65 | ₹65.92 |
| 2020 | +23.48% | ₹29.68 | ₹36.65 |
| 2019 | +17.08% | ₹25.35 | ₹29.68 |
| 2018 | -51.05% | ₹51.80 | ₹25.35 |
| 2017 | +47.73% | ₹35.06 | ₹51.80 |
| 2016 | +1.68% | ₹34.48 | ₹35.06 |
| 2015 | +40.62% | ₹24.52 | ₹34.48 |
| 2014 | +190.52% | ₹8.44 | ₹24.52 |
| 2013 | -19.81% | ₹10.53 | ₹8.44 |
| 2012 | -1.59% | ₹10.70 | ₹10.53 |
| 2011 | -22.71% | ₹13.84 | ₹10.70 |
| 2010 | -7.78% | ₹15.01 | ₹13.84 |
| 2009 | +163.48% | ₹5.70 | ₹15.01 |
| 2008 | -63.79% | ₹15.73 | ₹5.70 |
| 2007 | +58.53% | ₹9.92 | ₹15.73 |
| 2006 | +36.77% | ₹7.25 | ₹9.92 |
| 2005 | +53.59% | ₹4.72 | ₹7.25 |
| 2004 | +10.76% | ₹4.26 | ₹4.72 |
| 2003 | +257.62% | ₹1.19 | ₹4.26 |
BEL Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Bharat Electronics Limited as an investment
Valuation
BEL currently trades at a trailing P/E ratio of 53.8, which is considered high relative to the broader market. The forward P/E of 44.7 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 14.9. The price-to-sales ratio is 12.1.
Dividends
Bharat Electronics Limited pays a dividend to shareholders with a current yield of 0.99%. This translates to $4.35 per share annually. The payout ratio of 29% indicates sustainable dividend coverage.
Risk & Volatility
BEL has a beta of 0.20, indicating it is less volatile than the overall market. The stock's 52-week range is $256.20 to $473.45, and it currently trades near its 52-week high.
Analyst Ratings
Based on 27 analyst opinions, BEL has a consensus "buy" rating. The average price target of $485.56 suggests 10.5% upside from current levels.
Frequently Asked Questions: BEL
What sector is BEL in? ▼
BEL operates in the Industrials sector, specifically in the Aerospace & Defense industry.
How has BEL performed historically? ▼
Over 24 years of trading history, BEL has posted gains in 18 years (75% of the time). The best year was 2003 with a +257.6% return. Past performance does not guarantee future results.
How can I invest in BEL? ▼
You can invest in BEL through any brokerage account that offers access to Indian exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold BEL.
Does BEL pay dividends? ▼
Bharat Electronics Limited pays a dividend to shareholders with a current yield of 0.99%. This translates to $4.35 per share annually. The payout ratio of 29% indicates sustainable dividend coverage.
What does Bharat Electronics Limited do? ▼
Bharat Electronics Limited is a Aerospace & Defense company operating in the Industrials sector. The company is headquartered in Bengaluru, India.
What sector is BEL in? ▼
BEL operates in the Industrials sector, specifically in the Aerospace & Defense industry.
When did BEL go public? ▼
Bharat Electronics Limited went public in 2002, making it a 24-year-old public company as of 2026.
How much would $1,000 invested in BEL 5 years ago be worth today? ▼
A $1,000 investment in BEL five years ago would be worth approximately $10,320 today, representing a 932.0% return.
Does BEL pay dividends? ▼
Yes, Bharat Electronics Limited pays a dividend with a current yield of 0.99%, which is $4.35 per share annually.
What is BEL's market cap? ▼
Bharat Electronics Limited has a market capitalization of $3.2 trillion, classifying it as a mega-cap company.
What is BEL's P/E ratio? ▼
BEL has a trailing P/E ratio of 53.8 and a forward P/E of 44.7, which measures how much investors are paying per dollar of earnings.
Is BEL a buy, hold, or sell? ▼
Based on 27 opinions, BEL has a consensus "buy" rating. The average price target is $485.56.
Last updated: 3/14/2026