Bharat Electronics Financials - Balance Sheet, Income Statment, Cash Flow

Quarterly Statement	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	5,957	9,344	4,603	5,946	7,292
Expenses	4,101	6,334	3,202	4,090	5,027
Operating Profit	1,670	2,816	1,238	1,702	2,127
Operating Profit Margin %	29%	31%	28%	29%	30%
Other Income	186	195	163	154	139
EBITDA	1,856	3,011	1,402	1,856	2,266
Interest	1	6	1	2	2
Depreciation	111	138	121	127	135
Profit Before Tax	1,744	2,867	1,279	1,728	2,128
Tax %	25%	26%	24%	26%	26%
Net Profit	1,312	2,127	969	1,287	1,580
EPS	2	3	1	2	2

Yearly Balance Sheet	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Share Capital	244	244	731	731	731
Reserve & Surplus	10,816	12,042	13,131	15,596	19,243
Minority Interest	15	16	18	18	19
Non Current Liabilities	1,586	2,027	1,046	1,156	1,087
Current Liabilities	16,830	19,581	20,566	22,027	19,753
Total Liabilities	29,490	33,911	35,491	39,527	40,832
Fixed Assets	2,652	2,675	2,963	3,035	3,419
Capital Work in Progress	883	1,006	855	894	1,052
Investments	1,306	1,572	650	682	743
Other Assets	24,649	28,657	31,023	34,916	35,618
Total Assets	29,490	33,911	35,491	39,527	40,832

Yearly Cash Flow	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Operating Activities	5,093	4,207	1,199	4,660	587
Investing Activities	-2,595	-4,872	2,708	-5,924	617
Financing Activities	-1,076	-1,078	-1,262	-1,475	-1,696
Net Cash Flow	1,422	-1,742	2,645	-2,739	-493

Financial Year	Revenue	Revenue Growth	Net Profit	Profit Growth
FY 2024-25	24,426	17.3%	5,288	31.55%
FY 2023-24	20,925	14.3%	4,020	33.7%
FY 2022-23	18,006	15.23%	3,007	28%
FY 2021-22	15,547	8.89%	2,349	13.73%
FY 2020-21	14,190	8.84%	2,065	15.14%

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Bharat Electronics

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BEL Financials

Income Statement

Balance Sheet

Cash Flow

BEL Revenue Growth