Bharat Electronics' Share Price Closes Lower Despite Rise In Q1 Profit
BEL's Q1 revenue rose 4.6% year-on-year to Rs 4,439.7 crore, which was lower than the consensus estimate of Rs 4,794 crore.
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Bharat Electronics Ltd.'s share price closed lower on Monday despite the company recording a 23% surge in its net profit for the quarter ended June 30, 2025.
The company's bottom-line rose to Rs 969.91 crore during the first quarter, against Rs 791 crore for the same period last year. This has beaten the consensus estimate of Rs 906 crore of the analysts tracked by Bloomberg.
BEL's revenue, however, missed the estimates. The top-line rose 4.6% year-on-year to Rs 4,439.7 crore, which was lower than the consensus estimate of Rs 4,794 crore.
Bharat Electronics Q1 Highlights (Consolidated, YoY)
Revenue up 4.6% to Rs 4,439.74 crore versus Rs 4,243.57 crore (Bloomberg estimate: Rs 4,794 crore).
Ebitda up 31% to Rs 1,238.27 crore versus Rs 948.20 crore (Bloomberg estimate: Rs 1,119 crore).
Margin at 27.9% versus 22.3% (Bloomberg estimate: 23.3%).
Net profit up 23% to Rs 969.91 crore versus Rs 791 crore (Bloomberg estimate: Rs 906 crore).
Shares of BEL closed 1.51% lower at Rs 389.25 apiece on the NSE, compared to a 0.63% fall in the benchmark Nifty 50. The stock has risen 21.13% in the last 12 months and 32.78% on a year-to-date basis.
Out of the 29 analysts tracking the company, 24 have a 'buy' rating on the stock, one has 'hold' and four recommend 'sell', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential upside of 6.9%.
