| Scrip Code | 500049 |
|---|---|
| NSE Symbol | BEL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE263A01024 |
| Name of company | Bharat Electronics Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 31-10-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 07-10-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 31-10-2025 09:30:00 |
| End date and time of board meeting | 31-10-2025 12:40:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 5,79,209.00 | 10,23,183.00 | |
| Other income | 15,392.00 | 31,724.00 | |
| Total income | 5,94,601.00 | 10,54,907.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 3,01,420.00 | 4,97,504.00 |
| (b) | Purchases of stock-in-trade | 10,370.00 | 20,285.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (27,935.00) | (26,326.00) |
| (d) | Employee benefit expense | 76,777.00 | 1,46,425.00 |
| (e) | Finance costs | 165.00 | 309.00 |
| (f) | Depreciation, depletion and amortisation expense | 12,649.00 | 24,728.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 48,360.00 | 91,251.00 |
| Total other expenses | 48,360.00 | 91,251.00 | |
| Total expenses | 4,21,806.00 | 7,54,176.00 | |
| 3 | Total profit before exceptional items and tax | 1,72,795.00 | 3,00,731.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 1,72,795.00 | 3,00,731.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 41,814.00 | 77,100.00 |
| 8 | Deferred tax | 3,139.00 | (278.00) |
| 9 | Total tax expenses | 44,953.00 | 76,822.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 1,27,842.00 | 2,23,909.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 874.00 | 1,712.00 |
| 16 | Total profit (loss) for period | 1,28,716.00 | 2,25,621.00 |
| 17 | Other comprehensive income net of taxes | (2,516.00) | (683.00) |
| 18 | Total Comprehensive Income for the period | 1,26,200.00 | 2,24,938.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 1,28,777.00 | 2,25,768.00 | |
| Total profit or loss, attributable to non-controlling interests | (61.00) | (147.00) | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 1,26,261.00 | 2,25,085.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | (61.00) | (147.00) | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 73,098.00 | 73,098.00 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 1.76 | 3.09 | |
| Diluted earnings (loss) per share from continuing operations | 1.76 | 3.09 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 1.76 | 3.09 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 1.76 | 3.09 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | ||
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| Date of start of reporting period | 01-04-2025 | |
| Date of end of reporting period | 30-09-2025 | |
| Whether results are audited or unaudited | Unaudited | |
| Nature of report standalone or consolidated | Consolidated | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 3,25,510.00 | |
| Capital work-in-progress | 56,438.00 | |
| Investment property | 4.00 | |
| Goodwill | 0.00 | |
| Other intangible assets | 19,701.00 | |
| Intangible assets under development | 66,159.00 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 17,591.00 | |
| Non-current financial assets | ||
| Non-current investments | 60,325.00 | |
| Trade receivables, non-current | 0.00 | |
| Loans, non-current | 647.00 | |
| Other non-current financial assets | 2,377.00 | |
| Total non-current financial assets | 63,349.00 | |
| Deferred tax assets (net) | 53,730.00 | |
| Other non-current assets | 20,683.00 | |
| Total non-current assets | 6,23,165.00 | |
| 2 | Current assets | |
| Inventories | 10,21,108.00 | |
| Current financial asset | ||
| Current investments | 0.00 | |
| Trade receivables, current | 10,59,070.00 | |
| Cash and cash equivalents | 74,122.00 | |
| Bank balance other than cash and cash equivalents | 7,37,530.00 | |
| Loans, current | 195.00 | |
| Other current financial assets | 26,084.00 | |
| Total current financial assets | 18,97,001.00 | |
| Current tax assets (net) | 47,307.00 | |
| Other current assets | 7,03,871.00 | |
| Total current assets | 36,69,287.00 | |
| 3 | Non-current assets classified as held for sale | 0.00 |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 |
| Total assets | 42,92,452.00 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 73,098.00 | |
| Other equity | 20,83,589.00 | |
| Total equity attributable to owners of parent | 21,56,687.00 | |
| Non controlling interest | 1,709.00 | |
| Total equity | 21,58,396.00 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 0.00 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | |
| Total Trade payable | 0.00 | |
| Other non-current financial liabilities | 7,051.00 | |
| Total non-current financial liabilities | 7,051.00 | |
| Provisions, non-current | 96,150.00 | |
| Deferred tax liabilities (net) | 919.00 | |
| Deferred government grants, Non-current | 10,164.00 | |
| Other non-current liabilities | 0.00 | |
| Total non-current liabilities | 1,14,284.00 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 0.00 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 12,595.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 2,78,171.00 | |
| Total Trade payable | 2,90,766.00 | |
| Other current financial liabilities | 1,95,442.00 | |
| Total current financial liabilities | 4,86,208.00 | |
| Other current liabilities | 14,67,119.00 | |
| Provisions, current | 65,639.00 | |
| Current tax liabilities (Net) | 0.00 | |
| Deferred government grants, Current | 806.00 | |
| Total current liabilities | 20,19,772.00 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0.00 |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 |
| Total liabilities | 21,34,056.00 | |
| Total equity and liabilites | 42,92,452.00 | |
| Disclosure of notes on assets and liabilities | ||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-07-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 30-09-2025 | 30-09-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Exempted | 0.00 | 0.00 | ||||
| Total Segment Revenue | 0.00 | 0.00 | |||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | 0.00 | 0.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Exempted | 0.00 | 0.00 | ||||
| Total Profit before tax | 0.00 | 0.00 | |||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | 0.00 | 0.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Exempted | 0.00 | 0.00 | ||||
| Total Segment Asset | 0.00 | 0.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 0.00 | 0.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Exempted | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 0.00 | 0.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 0.00 | 0.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | Ministry of Corporate Affairs (MCA) has exempted the Companies engaged in defence production from the requirement of Segment Reporting. |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be classified to profit or loss | (3,363.00) | (913.00) |
| Total Amount of items that will not be reclassified to profit and loss | (3,363.00) | (913.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | (847.00) | (230.00) |
| 5 | Total Other comprehensive income | (2,516.00) | (683.00) |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 30-09-2025 | ||||
| C | Whether results are audited or unaudited | Unaudited | ||||
| D | Nature of report standalone or consolidated | Consolidated | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 3,00,731.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 105.00 | |||||
| Adjustments for decrease (increase) in inventories | (1,09,210.00) | |||||
| Adjustments for decrease (increase) in trade receivables, current | (1,47,433.00) | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (57,017.00) | |||||
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |||||
| Adjustments for other financial assets, non-current | 0.00 | |||||
| Adjustments for other financial assets, current | 4,295.00 | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | (43,111.00) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 38,417.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 24,728.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | (3,081.00) | |||||
| Adjustments for provisions, non-current | 0.00 | |||||
| Adjustments for other financial liabilities, current | 21,367.00 | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 0.00 | |||||
| Adjustments for share-based payments | 0.00 | |||||
| Adjustments for fair value losses (gains) | 0.00 | |||||
| Adjustments for undistributed profits of associates | (1,712.00) | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |||||
| Other adjustments to reconcile profit (loss) | (855.00) | |||||
| Other adjustments for non-cash items | 0.00 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | (2,70,083.00) | |||||
| Net cash flows from (used in) operations | 30,648.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | (204.00) | |||||
| Interest received | (30,701.00) | |||||
| Income taxes paid (refund) | 89,046.00 | |||||
| Other inflows (outflows) of cash | (32.00) | |||||
| Net cash flows from (used in) operating activities | (88,927.00) | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 52.00 | |||||
| Purchase of property, plant and equipment | 45,437.00 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 24,493.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 1,42,016.00 | |||||
| Net cash flows from (used in) investing activities | 1,21,124.00 | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 0.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 0.00 | |||||
| Repayments of borrowings | 0.00 | |||||
| Payments of lease liabilities | (438.00) | |||||
| Dividends paid | 29,549.00 | |||||
| Interest paid | 204.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (105.00) | |||||
| Net cash flows from (used in) financing activities | (29,420.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 2,777.00 | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |||||
| Net increase (decrease) in cash and cash equivalents | 2,777.00 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 71,345.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 74,122.00 | |||||