Bharat Electronics, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 81467.49 Crore) operating in Defence sector.
Bharat Electronics key Products/Revenue Segments include Electronic Components & Equipments, Sale of services, Other Operating Revenue, Scrap and Rent for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 6545.28 Crore, up 55.40 % from last quarter Total Income of Rs 4211.76 Crore and up 2.21 % from last year same quarter Total Income of Rs 6403.75 Crore. Company has reported net profit after tax of Rs 1366.38 Crore in latest quarter.
The company’s top management includes Mr.Dinesh Kumar Batra, Mr.Gokulan Bangakandy, Mr.Shivnath Yadav, Mr.Prafulla Kumar Choudhury, Dr.N Santhoshkumar, Mr.Mansukhbhai S Khachariya, Dr.Binoy Kumar Das, Dr.P V Parthasarathi, Mr.Anurag Bajpai, Mr.Bhanu Prakash Srivastava, Mr.M V Rajasekhar, Mr.Vinay Kumar Katyal, Mrs.Anandi Ramalingam, Mrs.Shyama Singh. Company has Guru & Jana as its auditors. As on 31-03-2023, the company has a total of 731 Crore shares outstanding.
Investment Rationale
Set to end 8-month long consolidation phase. Recent consolidation around 20 EMA offering fresh entry.
Promoter/FII Holdings
Promoters held 51.14 per cent stake in the company as of 31-Mar-2023, while FIIs owned 16.42 per cent, DIIs 25.42 per cent.
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