Bharat Electronics (NSE:BEL) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:BEL Bharat Electronics Ltd NSE:BEL
97 GF Score
Price ₹382.90
GF Value ₹435.97
Valuation Modestly Undervalued
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What is Bharat Electronics Debt-to-Equity?

Bharat Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Bharat Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Bharat Electronics's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bharat Electronics's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Bharat Electronics was 0.01. The lowest was 0.00. And the median was 0.00.

NSE:BEL's Debt-to-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Bharat Electronics  (NSE:BEL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bharat Electronics Debt-to-Equity Related Terms

Bharat Electronics Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Bharat Electronics's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bharat Electronics Debt-to-Equity Chart

Bharat Electronics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Bharat Electronics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.00 N/A 0.00 N/A

NSE:BEL vs SPCX, GE, RTX: Debt-to-Equity Comparison

For the Aerospace & Defense subindustry, Bharat Electronics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bharat Electronics Debt-to-Equity vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bharat Electronics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bharat Electronics's Debt-to-Equity falls into.


NSE:BEL
97GF Score
Bharat Electronics Ltd NSE:BEL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bharat Electronics's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(30.3 + 0) / 239883.1
=0.00

Bharat Electronics's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=( + 0) /
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Bharat Electronics (NSE:BEL) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Electronics stock appears to be undervalued. The current stock price of ₹382.90 is trading 12.2% below its estimated GF Value™ of ₹435.97. GuruFocus considers Bharat Electronics to be Modestly Undervalued.

Key valuation signals for NSE:BEL:

  • Debt-to-Equity: N/A
  • GF Value™: ₹435.97 vs. price of ₹382.90 (12.2% below fair value)
  • GF Score™: 97/100

No single metric tells the full story. See the NSE:BEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bharat Electronics Business Description

Other Exchanges 500049:India
Address Outer Ring Road, Nagavara, Bengaluru, KA, IND, 560045
Bharat Electronics Ltd is an aerospace and defense company predominantly owned by the Indian government. It manufactures a wide range of specialized electronics and equipment for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. Its product portfolio includes unmanned systems, land-based radars, batteries, weapon systems, fuzes, simulators, and jammers, among others. It also provides cybersecurity and software products. A majority of the company's revenue is derived from the defense sector. Geographically, the company's key revenue is derived from India, and it also has international customers from countries like the United Kingdom, Israel, and others.
97GF Score

Get the complete analysis for NSE:BEL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹382.90
Price
₹435.97
GF Value