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AlphaStreet Analysis

BEL Q3 FY26 Earnings Results

Executive Summary

Bharat Electronics Ltd (BEL) reported Q3FY26 revenues of ₹7,154 crore, up 23.96% YoY, with consolidated net profit rising 20.43% to ₹1,580 crore. Total expenses increased 22.57% YoY to ₹5,164 crore, supporting steady earnings expansion in defence electronics.

Revenue & Growth

Revenues grew to ₹7,154.00 crore in Q3FY26 from ₹5,771.00 crore YoY, reflecting 23.96% expansion. Total expenses rose 22.57% YoY to ₹5,164.00 crore, maintaining operational efficiency.

Profitability & Margins
Consolidated net profit increased 20.43% YoY to ₹1,580.00 crore from ₹1,312.00 crore. Basic EPS rose 20.67% to ₹2.16 from ₹1.79.

Balance-Sheet Highlights
The dataset lacks detailed balance sheet items such as assets, liabilities, equity, net debt, or current ratio for Q3FY26.

Cash Flow / Liquidity
Operating cash flow, free cash flow, and liquidity metrics are not specified in the Q3FY26 dataset.

Key Ratios / Metrics
Gross, EBITDA, and PAT margins are unavailable. Net debt/EBITDA cannot be computed without debt and EBITDA figures. QoQ changes for revenue, EBITDA, and PAT are not provided.

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