In this article, we are going to talk about the BEL Share Price Target 2023, 2024, 2025, 2026, 2030 and along with this we will also take a look in its fundamentals and financial trends.
Bharat Electronics Limited (BEL) is an Indian public company that manufactures and distributes defence and aerospace products and systems. Radars, communication systems, electronic warfare systems, missile systems, naval systems, avionics, electro-optics, and smart city solutions are among the goods offered by the firm. With clients including as the Indian Armed Forces, paramilitary forces, police forces, space agencies, and foreign defence forces, BEL has a significant presence in both local and international markets.
About Bharat Electronics Ltd.
Bharat Electronics Ltd. (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures state-of-the-art electronic products and systems for the Army, Navy and the Air Force. BEL has also diversified into various areas like homeland security solutions, smart cities, e-governance solutions, space electronics, and more.
BEL has a strong presence in both domestic and international markets, with clients such as the Indian Armed Forces, paramilitary forces, police forces, space agencies, and foreign defence forces. BEL is one of the most profitable and dividend-paying companies in the defence sector in India. It has a strong order book of over Rs. 50,000 crore as on June 30, 2023, which provides revenue visibility for the next few years. It is also investing in research and development, innovation, and new product development to enhance its capabilities and competitiveness. BEL has recently launched several new products, such as the Akash-NG missile system, the advanced electronic warfare suite for helicopters, the quantum key distribution system, and the software-defined radio.
BEL is one of the most profitable and dividend-paying companies in the defence sector in India. The company has consistently delivered robust financial performance, with revenue growth of 12.49%, net income growth of 47.27%, and earnings per share growth of 48.00% in the first quarter of fiscal year 2024. The company has also announced a bonus issue of two shares for every one share held by the shareholders as on September 13, 2022. The bonus issue is expected to increase the liquidity and affordability of the shares and reward the loyal shareholders.
The prognosis for BEL is optimistic, as the business is well-positioned to gain from India’s and other countries’ increased defence spending and modernization plans. The company has a strong order book of over Rs. 50,000 crore as on June 30, 2023, which provides revenue visibility for the next few years. In order to improve its capabilities and competitiveness, the firm is also investing in research and development, innovation, and new product development. The company has lately developed many new products, including the Akash-NG missile system, a powerful electronic warfare suite for helicopters, a quantum key distribution system, and a software-defined radio.
Fundamentals of Bharat Electronics Ltd.
The fundamentals of Bharat Electronics Ltd. (BEL) are the basic and essential aspects of its business performance, financial position, and growth prospects. They include the following:
- BEL is a public sector enterprise under the Ministry of Defence of India that manufactures and supplies defence and aerospace products and systems. It has a diversified portfolio of products, including radars, communication systems, electronic warfare systems, missile systems, naval systems, avionics, electro-optics, and smart city solutions.
- BEL is one of the most profitable and dividend-paying companies in the defence sector in India. It has been granted Navratna status by the Government of India, which gives it more autonomy and flexibility in its operations. It has also received several awards and recognitions for its excellence in quality, innovation, corporate governance, and social responsibility.
- BEL has a strong track record of financial performance, with revenue growth of 12.49%, net income growth of 47.27%, and earnings per share growth of 48.00% in the first quarter of fiscal year 2024. The company has also announced a bonus issue of two shares for every one share held by the shareholders as on September 13, 2022 . The bonus issue is expected to increase the liquidity and affordability of the shares and reward the loyal shareholders .
- BEL has a strong order book of over Rs. 50,000 crore as on June 30, 2023, which provides revenue visibility for the next few years. The company is also investing in research and development, innovation, and new product development to enhance its capabilities and competitiveness. The company has recently launched several new products, such as the Akash-NG missile system, the advanced electronic warfare suite for helicopters, the quantum key distribution system, and the software-defined radio.
- BEL has a strong presence in both domestic and international markets, with clients such as the Indian Armed Forces, paramilitary forces, police forces, space agencies, and foreign defence forces. The company has also established overseas offices in New York, Singapore, Hanoi, Jakarta, and Colombo for procurement and marketing purposes.
BEL Ltd Fundamentals
| Market cap. | 78,397 Cr |
| ROE | 20.55% |
| EPS | 3.77 |
| P/E Ratio | 28.47 |
| Book Value | 17.69 |
| Dividend Yield | 1.59% |
| Debt to Equity | 0.01 |
Bel Share Price Target 2023, 2024, 2025, 2026, 2030 Table
| Year | Bel Share Price Target |
|---|---|
| 2023 | ₹150 – ₹170 |
| 2024 | ₹200 – ₹250 |
| 2025 | ₹350 – ₹380 |
| 2026 | ₹469 – ₹490 |
| 2027 | ₹585 – ₹605 |
| 2028 | ₹720 – ₹735 |
| 2029 | ₹836 – ₹870 |
| 2030 | ₹950 – ₹1100 |
However, there are also some risks and challenges that could affect the future performance and valuation of BEL share price. Some of these risks include:
- Competition from other domestic and foreign players in the defence and aerospace sector
- Dependence on government policies and budget allocations for defence spending
- Delay or cancellation of orders due to technical or operational issues
- Geopolitical uncertainties and conflicts that could affect the demand and supply of defence products
- Regulatory changes and compliance requirements that could affect the business operations and profitability
- Cybersecurity threats and data breaches that could compromise the security and integrity of the products and systems
Therefore, investors should be aware of these risks and do their own due diligence before investing in BEL shares.
Bel Share Price Target 2023
Bharat Electronics Limited’s financial position is improving year after year. So, if this stock’s earnings and sales continue to rise at this rate, shareholders will be able to profit handsomely from it. Anyway, we will see a Bel share price objective of INR150 in 2023, and if the company reaches this target and continues to rise, we will see another target of INR170.
Bel Share Price Target 2024
By the way, because it is a large cap stock, there is little chance of losing money in it. At the same time, as you can see, its fundamentals are pretty excellent, indicating that this company is a smart purchase. Bel is a trustworthy company since it is owned by the government.
So after seeing all this, if we try to know the Bel share price target 2024, then we can get to see target INR200 first and the second target of INR250 be seen.
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Bel Share Price Target 2025
Since Bel is a fundamentally and technically sound firm, its stock price has significant upside potential in the future. This firm, Bel share, has returned 52% in the last year, which is significantly more than the FD return and bank interest. As a result, the first Bel share price objective for 2025 is INR350, while the second target is INR380.
Bel Share Price Target 2030
Such technical analysis indicates that we may expect 10 returns from Bel Share in 2030. Anyway, from January 1, 1999 to the present, or till 2022, this stock has returned 48,718.18%. That is, if you bought one lakh rupees in this stock 22 years ago, it would currently be worth more than 48 crores. Let us now discuss how much this share will rise in the future. When it comes to the Bel Share Price objective 2030, the first objective will be INR950, and the second aim will be INR1100.
Conclusion
The proportion of the electronics sector has a lot of room to grow. Bharat Electronics Limited is a company with great fundamentals that many people believe will provide significant returns in the future.
Whatever it is, if you buy in any stock, you should seek the opinion of an expert and conduct some basic research on the company itself to be more assured. And, certainly, investing with a debt might get you into problems.
I hope you learned a lot by reading this essay. If possible, spread the word as much as possible so that more people are aware of it.
FAQs
What are the products and services offered by BEL?
BEL has a diversified portfolio of products, including radars, communication systems, electronic warfare systems, missile systems, naval systems, avionics, electro-optics, and smart city solutions. BEL also offers services such as design, development, engineering, installation, testing, commissioning, maintenance, and training for its products and systems
What are the financial performance and dividend history of BEL?
BEL has a strong track record of financial performance, with revenue growth of 12.49%, net income growth of 47.27%, and earnings per share growth of 48.00% in the first quarter of fiscal year 2024. The company has also announced a bonus issue of two shares for every one share held by the shareholders as on September 13, 2022 . The bonus issue is expected to increase the liquidity and affordability of the shares and reward the loyal shareholders. BEL has also been consistent in paying dividends to its shareholders. The company has declared a final dividend of Rs. 1.40 per share for the financial year 2022-23
What are the growth prospects and competitive advantages of BEL?
BEL is well-positioned to benefit from the increasing defence spending and modernization plans of India and other countries in the coming years. The company has a strong order book of over Rs. 50,000 crore as on June 30, 2023, which provides revenue visibility for the next few years. The company is also investing in research and development, innovation, and new product development to enhance its capabilities and competitiveness. The company has recently launched several new products, such as the Akash-NG missile system, the advanced electronic warfare suite for helicopters, the quantum key distribution system, and the software-defined radio. BEL also has a competitive edge over its peers due to its Navratna status, which gives it more autonomy and flexibility in its operations. The company also has a strong reputation for quality, reliability, and customer satisfaction
What are the risks and challenges faced by BEL?
Some of the risks and challenges faced by BEL include competition from other domestic and foreign players in the defence and aerospace sector, dependence on government policies and budget allocations for defence spending, delay or cancellation of orders due to technical or operational issues, geopolitical uncertainties and conflicts that could affect the demand and supply of defence products, regulatory changes and compliance requirements that could affect the business operations and profitability, cybersecurity threats and data breaches that could compromise the security and integrity of the products and systems.
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