Bharat Electronics Limited (BEL) Share Price Target 2024, 2025, 2027, 2030, 2040

Introduction

If you are considering investing in Bharat Electronics Limited (BEL) Share Price Target 2024, 2025, 2027, 2030 and 2040, it’s essential to understand its projected share price targets. This blog provides a detailed analysis based on expert research, examining the company’s growth, performance, and future prospects.

What Is Bharat Electronics Limited?

Bharat Electronics Limited (BEL) is an Indian government-owned aerospace and defense electronics company established in 1954, headquartered in Bangalore. It operates under the Ministry of Defence of India and is involved in manufacturing various defense and aerospace products.

Overview of Bharat Electronics Limited

BEL specializes in aerospace, avionics, satellite communication, and defense electronics products. The company holds Navratna status and has expanded its manufacturing capabilities significantly over the decades, contributing to its strong market presence.

History of Bharat Electronics Share Price Target

BEL shares have shown a bullish trend in the stock market. Over the past six months, the share price increased by 74.01%, and over the past year by 128.71%. This historical performance provides a foundation for future projections.

Bharat Electronics Share Price Target 2024

The projections for 2024 are influenced by BEL’s collaborations with ISRO for manufacturing small and micro Satellite Vehicles and other advanced products for the defense sector. The company’s total revenue was ₹18,256.23 Crore in March 2023, which is expected to increase to ₹21,456.89 Crore by March 2024. The operating revenue also saw significant growth, enhancing BEL’s market position.

Bharat Electronics Share Price Target 2025

By 2025, BEL is expected to continue its profit growth trajectory, driven by expansions in manufacturing capabilities, particularly in telecom switching systems and electronic voting machines. The company’s net profit increased from ₹2,425.89 Crore in March 2022 to ₹3,345.56 Crore in March 2023, reflecting a robust financial health that supports these optimistic targets.

Bharat Electronics Share Price Target 2027

The 2027 targets take into account BEL’s strategic involvement in high-profile defense projects like the Akash missile system. The company’s sales growth, despite being moderate, is expected to pick up due to increased demand for defense technology and continued innovation in aerospace and avionics.

Bharat Electronics Share Price Target 2030

By 2030, BEL is projected to achieve significant growth due to strategic investments in research and development (R&D) and expansion into international markets. The company’s commitment to technological advancements and increased production capacity positions it well for substantial growth over the long term.

Bharat Electronics Share Price Target 2040

The long-term projections for 2040 reflect BEL’s sustained investments in quality improvement and expansion of product and service offerings. The company’s financial metrics, such as the ROE and ROCE, indicate strong and efficient management, contributing to its long-term growth potential.

Peer Companies

• Apollo Micro Systems
• Hindustan Aeronautics
• MTAR Technologies
• Azad Engineering
• NIBE

nvestor Types and RatiosI

• Promoters Holding: 51.60%
• Public Holding: 8.30%
• FII (Foreign Institutional Investors): 17.60%
• DII (Domestic Institutional Investors): 22.50%

Advantages and Disadvantages of Bharat Electronics Shares

Advantages:

• Strong profit growth (28% in the last year)
• Zero promoter pledges
• High ROE (24.12%) and ROCE (29.1%) percentages
• Healthy interest cover ratio (217.85)
• High promoter holding (51-52%)
• Good cash flow management (PAT stands at 1.30)

Disadvantages:

• Moderate revenue growth (10.96% over the last 3 years)
• High EBITDA (31.25)

Also Read: IRCTC Share Price Target 2024, 2025, 2026, 2030, 2040, 2050

FAQs

Conclusion

BEL’s shares present a compelling investment opportunity, especially for long-term investors. The company’s robust financial health, strategic growth initiatives, and prominent market position in the defense sector support optimistic future share price targets. Always consider professional advice before making investment decisions.

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