BEL Share: Zero-Debt Defence PSU Is Rs 10 Away From 52-Week High; BUY After Q4? 90% Dividend Ahead

Bharat Electronics (BEL), a zero-debt defence PSU giant, continued on its positive moment on Tuesday, May 20th, after surpassing analysts' estimates during the fourth quarter of FY25. The defence major also declared a 90% dividend reward. YTD, BEL stock has rallied by 24% and is less than Rs 10 away from hitting its 52-week high.

BEL Share Price:

After market hours of May 20th, BEL's share price ended at Rs 364.50 apiece, marginally up on NSE. Its market capitalisation is at Rs 2,66,441.44 crore. Overall, the stock zoomed by 2% to hit an intraday high of Rs 371.

From the current market price, BEL is just Rs 9 away from crossing its 52-week high of Rs 373.50 apiece that was recorded on May 19, 2025. YTD, the stock advanced by over 24%. Analyst predicts positive momentum to continue in BEL shares.

Analysts at Mirae Asset Sharekhan have recommended BUY on BEL after its Q4 results, with a 12-month target price of Rs 380.

BEL Dividend 2025:

The defence player has recommended a final dividend of Rs 0.90/- per equity share (90%) of Re 1/each fully paid up for the financial year 2024-25 subject to approval by the shareholders in the next Annual General Meeting of the Company.

Earlier in May, BEL turned ex-date for an interim dividend of Rs 1.50 per share. The company has a strong track record of rewarding investors with dividend payments. It has delivered as much as 50 dividends since August 2003.

Over the last 12 months, BEL paid about Rs 2.30 dividend per share. Its current dividend yield is around 0.63%.

BEL Q4 Results:

This Navratna posted a turnover of Rs 8,850.42 crore, compared with Rs 8,335.01 crore in the same quarter last year. Meanwhile, Profit After Tax (PAT) has increased to Rs 2104.78 cr from Rs 1783.52 cr recorded in the corresponding period of the previous year.

Additionally, for FY25, the company's PAT is around Rs 5288.25 cr, with a growth of 31.55% over the Profit After Tax (PAT) of Rs. 4020.00 cr recorded during the previous year. Also, the PSU achieved a turnover of Rs 23024.10 cr, registering a growth of 16.17% during FY 2024-25 over the Turnover of Rs. 19819.93 cr recorded during the previous year.

As of April 1, 2025, the company's order book is approximately Rs 71,650 crore.

About BEL:

Bharat Electronics Limited is a Navratna PSU (under the Ministry of Defence, Government of India) established in the year 1954. BEL is engaged in the business of Defence Electronics empowering the Nation's Defence Forces and in other chosen areas of Professional Electronics.

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