Promoter holding
64.27%
BE
Bharat Electronics Limited - Due diligence report
A 360° intelligence report on Bel: trust score, financial health, credit view, compliance, directors, growth and distress signals - generate…
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Bel — 360° Intelligence Report
Generated from MCA filings & public records68/100
Trust Score
Moderate
Bel is assessed as Moderate with a Trust Score of 68/100. Bel is an active public limited union government company incorporated in 1954, operating in the Aerospace, Maritime and Defense sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.
Report generated on 16 Jul 2026 from the latest processed filings. Bharat Electronics Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
68/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
42/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
30/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (AAA).
Charges position: 1 open (5,000.00 cr) · 1 satisfied (100.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 1 | 48.0 cr |
| Others | 1 | 48.0 cr |
Compliance Score: 42/100 Caution Indicated
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: BSE, BANKS, NSE.
- Litigation present in 4 court forum(s).
- Delayed payments to MSME suppliers disclosed (20 disclosure(s)).
- 60 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 30/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| MEERA MOHANTY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BHARATSINH PRABHATSINH PARMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BINOY KUMAR DAS | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MANOJ JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHIV NATH YADAV | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NARAYANAPILLAI SANTHOSHKUMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NAGARAJAN VIKRAMAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VENKATA SURESH KUMAR KAIPA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHYAMA KUMARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VISHWAMBHAR SINGH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BHANU PRAKASH SRIVASTAVA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Rajnish Sharma | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SREENIVAS SRIPADA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DAMODAR BHATTAD | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DAMODAR BHATTAD | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Harikumar Raghavan Nair | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Pradeep Tripathi | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Kamesh Kasana | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 18 directors on the board.
- MEERA MOHANTY has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 12 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
1
Group entities
7
Capital events
0 allotment(s) · 4 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Bel-thales Systems Limited | Subsidiary Company | 74.00% |
| Defence Innovation Organisation | Associate Company | 74.00% |
| Bel Iai Aerosystems Private Limited | Associate Company | 74.00% |
| Electronic Warfare (defence) Testing Foundation | Associate Company | 74.00% |
| Communication (defence) Testing Foundation | Associate Company | 74.00% |
| Ge Be Private Limited | Associate Company | 74.00% |
| Uas Testing Foundation | Associate Company | 74.00% |
Key managerial personnel: MANOJ JAIN (Managing Director) · NAGARAJAN VIKRAMAN (Whole-time director) · VENKATA SURESH KUMAR KAIPA (Whole-time director) · BHANU PRAKASH SRIVASTAVA (Whole-time director) · Rajnish Sharma (Whole-time director) · DAMODAR BHATTAD (Whole-time director) · DAMODAR BHATTAD (CFO) · Harikumar Raghavan Nair (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 85 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
Operating for 72+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
8 director exits within 2 years.
Compliance score is weak (42/100).
1 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 1.83 cr.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence61/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment82/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 1 open charge(s) of 5,000.00 cr already registered.
- Compliance gaps should be priced into terms.
Investor view84/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events28 Aug 2025
Last AGM held
Annual general meeting
27 Aug 2025
Director ceased
MEERA MOHANTY
Director ceased
BHARATSINH PRABHATSINH PARMAR
Director ceased
VISHWAMBHAR SINGH
Director ceased
Rajnish Sharma
Director ceased
Harikumar Raghavan Nair
Director ceased
Pradeep Tripathi
Director ceased
Kamesh Kasana
16 Jul 2025
Director appointed
MEERA MOHANTY (Nominee Director)
Director ceased
RAJEEV PRAKASH
14 Jul 2025
Director appointed
Kamesh Kasana (Whole-time director)
21 May 2025
Director appointed
BHARATSINH PRABHATSINH PARMAR (Director)
16 May 2025
Director appointed
Pradeep Tripathi (Director)
02 May 2025
Director appointed
Harikumar Raghavan Nair (Whole-time director)
23 Apr 2025
Director appointed
VISHWAMBHAR SINGH (Director)
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
18 active director(s) / partner(s); review board churn before relying on management continuity.
60 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of AAA from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Genuspower | L51909UP1992PLC051997 | Noida, Uttar Pradesh, India |
| Tata Electronics Private Limited | U31100KA2020PTC133739 | Bangalore, Karnataka, India |
| Competition Team Technology | U32109TN2014FTC098477 | Sriperumbudur Taluk, Tamil Nadu, India |
| Hfcl | L64200HP1987PLC007466 | Himachal Pradesh, Himachal Pradesh, India |
| Honeywell | L29299PN1984PLC017951 | Pune, Maharashtra, India |
| Ncr | U28111KA1996PTC020333 | Karnataka, Karnataka, India |
| Sanmina | U30007TN2002PTC048391 | Oragadam, Tamil Nadu, India |
| Tejas Networks | L72900KA2000PLC026980 | Bangalore, Karnataka, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Bel before audits and certifications: compliance score 42/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Bel: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Bel - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 68/100, distress signals and MSME payment-delay disclosures - know whether Bel pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Bel - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Bel an active company?
Bel has MCA status “Active” with a compliance score of 42/100 (Caution Indicated).
Is Bel financially healthy?
Bel has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Bel?
Its overall Trust Score is 68/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Bel?
Promoters hold a majority stake - exact percentages are in the full report. 18 active director(s) are on record.
Does Bel have loans or charges against its assets?
1 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.
Is Bel up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 42/100 (Caution Indicated).
Is it risky to lend to Bel?
Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
