Integrated Filing — IndAS

General information about company
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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	19-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	05-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	19-May-2025   14:30:00
End date and time of board meeting	19-May-2025   17:40:00
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	Declaration of unmodified opinion

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	91495900000	237687500000
	Other income	1946400000	7423600000
	Total income	93442300000	245111100000
2	Expenses
(a)	Cost of materials consumed	44291400000	125781800000
(b)	Purchases of stock-in-trade	1744600000	4304100000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	1453300000	-8213600000
(d)	Employee benefit expense	7660800000	27606300000
(e)	Finance costs	58600000	96800000
(f)	Depreciation, depletion and amortisation expense	1375800000	4673800000
(f)	Other Expenses
1	Other Expenses	8185200000	19871900000
	Total other expenses	8185200000	19871900000
	Total expenses	64769700000	174121100000
3	Total profit before exceptional items and tax	28672600000	70990000000
4	Exceptional items	0	0
5	Total profit before tax	28672600000	70990000000
6	Tax expense
7	Current tax	6192400000	17677500000
8	Deferred tax	1270100000	441000000
9	Total tax expenses	7462500000	18118500000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	21210100000	52871500000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	60100000	355300000
16	Total profit (loss) for period	21270200000	53226800000
17	Other comprehensive income net of taxes	-735300000	72200000
18	Total Comprehensive Income for the period	20534900000	53299000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	21270400000	53214400000
	Total profit or loss, attributable to non-controlling interests	-200000	-200000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-735300000	72200000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	7309800000	7309800000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		192429100000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.91	7.28
	Diluted earnings (loss) per share from continuing operations	2.91	7.28
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	2.91	7.28
	Diluted earnings (loss) per share from continuing and discontinued operations	2.91	7.28
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Face Value of Equity share is Rs.1/-.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	32045300000
	Capital work-in-progress	4769800000
	Investment property	400000
	Goodwill	0
	Other intangible assets	2146600000
	Intangible assets under development	5748200000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	1613600000
	Non-current financial assets
	Non-current investments	5816100000
	Trade receivables, non-current	0
	Loans, non-current	66300000
	Other non-current financial assets	241500000
	Total non-current financial assets	6123900000
	Deferred tax assets (net)	5348400000
	Other non-current assets	1943600000
	Total non-current assets	59739800000
2	Current assets
	Inventories	91189800000
	Current financial asset
	Current investments	0
	Trade receivables, current	91163700000
	Cash and cash equivalents	7134500000
	Bank balance other than cash and cash equivalents	88316500000
	Loans, current	14700000
	Other current financial assets	2413300000
	Total current financial assets	189042700000
	Current tax assets (net)	3536200000
	Other current assets	64810100000
	Total current assets	348578800000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	408318600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	7309800000
	Other equity	192429100000
	Total equity attributable to owners of parent	199738900000
	Non controlling interest	189400000
	Total equity	199928300000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	732600000
	Total non-current financial liabilities	732600000
	Provisions, non-current	9021600000
	Deferred tax liabilities (net)	95200000
	Deferred government grants, Non-current	1015500000
	Other non-current liabilities	0
	Total non-current liabilities	10864900000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1777700000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	31610000000
	Total Trade payable	33387700000
	Other current financial liabilities	13708600000
	Total current financial liabilities	47096300000
	Other current liabilities	142870200000
	Provisions, current	7397100000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	161800000
	Total current liabilities	197525400000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	208390300000
	Total equity and liabilites	408318600000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Exempted	0	0
	Total Segment Revenue	0	0
	Less: Inter segment revenue
	Revenue from operations	0	0
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Exempted	0	0
	Total Profit before tax	0	0
	i. Finance cost	0	0
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	0	0
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Exempted	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	Exempted	0	0
	Total Segment Liabilities	0	0
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	0	0
	Disclosure of notes on segments	Textual Information(2)

Text Block
Textual Information(2)	Ministry of Corporate Affairs (MCA) has exempted the companies engaged in defence production from the requirement of Segment Reporting.

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
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	Remeasurement of net defined benefit	-983300000	95900000
2	Equity instrument through OCI	200000	200000
	Total Amount of items that will not be reclassified to profit and loss	-983100000	96100000
2	Income tax relating to items that will not be reclassified to profit or loss	-247800000	23900000
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
5	Total Other comprehensive income	-735300000	72200000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			70990000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			55200000
	Adjustments for decrease (increase) in inventories			-16720900000
	Adjustments for decrease (increase) in trade receivables, current			-17239900000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			9983600000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			31200000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-3675400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-20028200000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			4673800000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-102600000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			649600000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			-355300000
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-177300000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-42195600000
	Net cash flows from (used in) operations			28794400000
	Dividends received			0
	Interest paid			-41600000
	Interest received			-6223400000
	Income taxes paid (refund)			16746400000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			5866200000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			30500000
	Purchase of property, plant and equipment			10112800000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			700000
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			6734400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			9516600000
	Net cash flows from (used in) investing activities	6169400000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			59700000
	Dividends paid			16807800000
	Interest paid			41600000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-55200000
	Net cash flows from (used in) financing activities			-16964300000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-4928700000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-4928700000
	Cash and cash equivalents cash flow statement at beginning of period			12063200000
	Cash and cash equivalents cash flow statement at end of period			7134500000