Bharat Electronics balance sheet

As of Sep 2026

Total assets: ₹45,548cr+6.1% on Sep 2025
Shareholders' equity: ₹26,277cr+21.7% on Sep 2025
Total debt: ₹0.0crNo figure a year before
Cash and investments: ₹928cr+25.2% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	3,682	3,482	3,205	2,788	2,694
	481	486	477	456	361
	0.0	0.0	0.0	0.0	0.1
	586	639	215	247	268
	305	246	575	437	494
	192	175	161	152	201
	650	625	582	531	449
	8.6	8.3	6.6	7.0	6.6
	29.0	24.8	24.2	18.8	20.5
	688	658	612	557	476
	642	587	535	575	504
	243	209	194	252	445
	6,818	6,481	5,974	5,464	5,443
	10,592	10,176	9,119	7,447	6,448
	12,036	12,876	9,116	7,392	7,033
	928	1,888	713	1,206	3,946
	8,389	6,684	8,832	9,850	4,166
	1.7	1.8	1.5	1.4	1.7
	208	160	241	294	203
	21,562	21,610	18,904	18,745	15,350
	6,134	5,990	6,481	7,422	7,846
	38,730	38,057	34,858	34,063	30,048
	45,548	44,538	40,832	39,527	35,491
Equity
	731	731	731	731	731
	25,528	23,257	19,243	15,595	13,131
	26,259	23,988	19,974	16,326	13,862
	18.5	18.8	18.9	17.9	17.8
	26,277	24,007	19,993	16,344	13,879
Liabilities
	112	84.8	73.3	4.8	64.2
	112	84.8	73.3	4.8	64.5
	1,134	1,084	902	967	845
	7.5	10.8	9.5	5.5	2.9
	0.0	0.0	0.0	60.3	0.0
	1,343	1,271	1,086	1,156	1,046
	3,236	3,583	3,339	3,706	3,330
	1,899	1,584	1,371	1,317	1,292
	5,135	5,167	4,710	5,023	4,623
	697	854	740	695	628
	0.0	0.0	0.0	0.3	0.0
	12,085	13,221	14,287	16,292	15,299
	17,928	19,260	19,753	22,027	20,566
	19,271	20,530	20,839	23,182	21,612
	45,548	44,538	40,832	39,527	35,491
Assets — additional as-filed lines
	442	281	354	450	403
Liabilities — additional as-filed lines
	0.0	0.0	0.0	0.0	0.4
	10.3	16.8	16.2	16.4	16.7
	89.4	91.3	102	118	134
Trade payables — MSME split
	188	214	178	213	208
	3,049	3,370	3,161	3,493	3,123
	0.0	0.0	0.0	—	0.4

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

BEL₹370.00

Bharat Electronics Ltd.

· Capital Goods & Defence

₹ CrorePeersHAL BDL DATAPATTNS CGPOWER ABB CUMMINSIND ENRIN SIEMENSMcap ₹2.70L Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	2,694.3	2,788.5	3,204.5	3,481.6	3,681.9
+ Capital Work-in-Progress	361.2	456.4	477.0	485.5	481.4
+ Investment Property	0.1	0.0	0.0	0.0	0.0
+ Other Intangibles	268.5	246.7	214.7	639.0	586.0
+ Intangibles under Development	493.7	437.3	574.8	245.7	304.7
+ Investments (Equity Method)	200.7	151.6	161.4	174.7	191.9
+ Non-current Investments	449.3	530.7	581.6	624.9	650.0
+ Long-term Loans	6.6	7.0	6.6	8.3	8.6
+ Other Non-current Financial Assets	20.5	18.8	24.2	24.8	29.0
Non-current Financial Assets	476.3	556.5	612.4	657.9	687.5
+ Deferred Tax Assets	503.7	574.7	534.8	587.5	641.9
+ Other Non-current Assets	444.9	252.0	194.4	208.7	242.8
Total Non-current Assets	5,443.4	5,463.7	5,974.0	6,480.7	6,818.0
Current Assets
+ Inventories	6,448.0	7,446.9	9,119.0	10,175.5	10,592.3
+ Trade Receivables	7,033.5	7,392.4	9,116.4	12,875.8	12,036.4
+ Cash & Cash Equivalents	3,945.7	1,206.3	713.5	1,888.0	928.0
+ Other Bank Balances	4,165.9	9,850.3	8,831.7	6,684.1	8,388.5
+ Short-term Loans	1.7	1.4	1.5	1.8	1.7
+ Other Current Financial Assets	203.4	294.4	241.3	160.0	207.5
Current Financial Assets	15,350.2	18,744.8	18,904.3	21,609.6	21,562.2
+ Other Current Assets	7,846.4	7,421.7	6,481.0	5,990.4	6,133.5
Total Current Assets	30,047.7	34,063.0	34,857.9	38,056.9	38,730.2
Total Assets	35,491.2	39,526.7	40,831.9	44,537.5	45,548.2
Equity
+ Equity Share Capital	731.0	731.0	731.0	731.0	731.0
+ Other Equity / Reserves	13,130.7	15,595.5	19,242.9	23,257.3	25,527.9
Equity — Owners of Parent	13,861.6	16,326.5	19,973.9	23,988.3	26,258.8
+ Minority Interest	17.8	17.9	18.9	18.8	18.5
Total Equity	13,879.4	16,344.4	19,992.8	24,007.1	26,277.3
Liabilities
+ Other Non-current Financial Liab	64.2	4.8	73.3	84.8	111.6
Non-current Financial Liabilities	64.5	4.8	73.3	84.8	111.6
+ Provisions — Non-current	844.7	967.3	902.2	1,083.8	1,134.5
+ Deferred Tax Liabilities	2.9	5.5	9.5	10.8	7.5
+ Other Non-current Liabilities	0.0	60.3	0.0	0.0	0.0
Non-current Liabilities	1,046.0	1,155.6	1,086.5	1,270.6	1,343.0
+ Trade Payables	3,330.4	3,706.3	3,338.8	3,583.4	3,236.3
+ Other Current Financial Liab	1,292.2	1,317.1	1,370.9	1,584.0	1,899.1
Current Financial Liabilities	4,622.5	5,023.5	4,709.6	5,167.4	5,135.3
+ Provisions — Current	627.5	694.5	739.7	854.5	697.4
+ Current Tax Liabilities	0.0	0.3	0.0	0.0	0.0
+ Other Current Liabilities	15,299.1	16,292.1	14,287.0	13,221.1	12,084.9
Current Liabilities	20,565.8	22,026.7	19,752.5	19,259.8	17,927.9
Total Liabilities	21,611.8	23,182.3	20,839.0	20,530.4	19,270.9
Total Equity & Liabilities	35,491.2	39,526.7	40,831.9	44,537.5	45,548.2
Assets — additional as-filed lines
+ Current Tax Assets	403.1	449.6	353.6	281.3	442.2
Liabilities — additional as-filed lines
+ Trade Payables — Non-current	0.4	0.0	0.0	0.0	0.0
+ Deferred Government Grants — Current	16.7	16.4	16.2	16.8	10.3
+ Deferred Government Grants — Non-current	134.0	117.8	101.6	91.3	89.4
Trade Payables — MSME split
+ Dues to Micro & Small — Current	207.5	213.1	177.8	213.7	187.7
+ Dues to Other Creditors — Current	3,122.8	3,493.3	3,161.0	3,369.7	3,048.6
+ Dues to Other Creditors — Non-current	0.4	—	0.0	0.0	0.0

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 145%.