- Bharat Electronics had a net income of 17.8 billion rupees in the 4th quarter, indicating a 30% increase y/y and surpassing the estimated 14.79 billion rupees.
- Revenue generation rose to 85.3 billion rupees, supporting a 32% year on year (y/y) improvement and tipping over the anticipated estimate of 84.86 billion rupees.
- Total costs incurred for the quarter are noted as 63.6 billion rupees, a 34% increase y/y.
- The company witnessed a substantial boost in other income, which tallied up to 2.21 billion rupees, compared to the preceding year’s figure of 678 million rupees.
- Dividends per share during this quarter have been recorded as 0.8 rupees.
- Market sentiment towards the company shows 21 buys, 5 holds, and 3 sells when considering purchasing stocks.
- The provided statistics and comparisons to past results are derived from the original disclosures reported by the company.
Bharat Electronics on Smartkarma
Analyst coverage of Bharat Electronics on Smartkarma by Janaghan Jeyakumar, CFA showcases a bullish sentiment towards the company. According to the report titled “Quiddity Leaderboard NIFTY Mar 24,” Bharat Electronics has significantly outperformed Larsen & Toubro by approximately 12%. The analysis suggests that it might be a good time to consider replacing Larsen & Toubro with Hindustan Aeronautics in the portfolio. The report delves into the performance of the NIFTY 50 and NIFTY Next 50 indices, highlighting potential additions and deletions that could impact the market significantly.
A look at Bharat Electronics Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Bharat Electronics shows a promising long-term outlook. With strong scores in Dividend, Growth, Resilience, and Momentum, the company is positioned well for future performance. A high score in Dividend indicates a good payout to investors, while Growth and Resilience scores reflect the company’s potential for expansion and ability to withstand economic challenges. Additionally, a high Momentum score suggests a positive trend in the company’s stock performance. These factors combined paint a favorable picture for Bharat Electronics.
Bharat Electronics Ltd. specializes in manufacturing various electronic communication equipment for defense services, including transmitters, radars, and night vision devices. With a diversified product line and a focus on defense electronics, the company is poised to capitalize on growing demand for advanced military technology. The impressive Smart Scores further bolster Bharat Electronics‘ outlook, indicating its strength across key financial factors essential for sustainable growth and profitability in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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