Bharat Electronics Ltd

The upgrade comes on the back of a robust Q4 performance and a strong growth outlook. The brokerage highlighted higher localisation, a favourable product mix, and operational efficiencies as key levers driving BEL's growth trajectory. On a consolidated basis, BEL's net profit jumped 18.35% to Rs 2,127.04 crore on 6.83% rise in revenue from operations to Rs 9149.59 crore in Q4 FY25 over Q4 FY24. As of 1 April 2025, BEL's order book stood at a solid Rs 71,650 crore, including $359 million in export orders. For FY26, the company anticipates fresh orders worth Rs 27,000 crore, excluding the much-awaited QRSAM (Quick Reaction Surface-to-Air Missile) order pegged at Rs 30,000 crore, which is expected to be finalized around Q4 FY26. BEL is also eyeing multiple large orders this year, including a Rs 6,000-10,000 crore deal to supply 10-12 major subsystems for Corvette ships to two defence shipyards, along with additional LCA (Light Combat Aircraft) requirements. The company remains in active discussions with the Army, Navy, and Air Force for emergency and strategic procurements, which could translate into accelerated order inflows, benefiting the current and next fiscal years. BEL, a Navratna PSU under the Ministry of Defence, manufactures advanced electronic products and systems for India's armed forces. The Government of India holds a 51.14% stake in the company. Powered by Capital Market - Live

Securities in F&O Ban: Hindustan Copper, Manappuram Finance, and Titgarh Raili Systems are banned from F&O trading on 20 May 2025. Upcoming Results: Hindalco Industries, Zydus Lifesciences, Aster DM Healthcare, Automotive Axles, Dixon Technologies (India), EIH, Fortis Healthcare, Gland Pharma, JK Tyre & Industries, Laxmi Organic Industries, Max Healthcare Institute, NHPC, Solar Industries India, Talbros Engineering, Torrent Pharmaceuticals, United Spirits, Whirlpool of India, and J Kumar Infraprojects will release their quarterly earnings later today. Stocks to Watch: Power Grid Corporation of India's consolidated net profit fell 0.56% to Rs 4142.87 crore in Q4 FY25 compared with Rs 4166.33 crore in Q4 FY24. Revenue from operations increased 2.48% YoY to Rs 12,275.35 crore in Q4 FY25. Bharat Electronics (BEL) reported an 18.36% jump in consolidated net profit to Rs 2127.04 crore on 6.84% increase in revenue from operations to Rs 9149.59 crore in Q4 FY25 over Q4 FY24. ACME Solar Holdings' consolidated net profit declined 76.83% to Rs 123.36 crore despite of a 64.96% jump in revenue from operations to Rs 486.88 crore in Q4 FY25 over Q4 FY24. Eris Lifesciences reported a 30.29% jump in consolidated net profit to Rs 92.01 crore on 28.38% increase in revenue from operations to Rs 702.60 crore in Q4 FY25 over Q4 FY24. Ashok Leyland's board is scheduled to meet on 23 May to consider the proposal for the issue of bonus shares. Adani Ports & Special Economic Zone (APSEZ) will meet on 23 May to consider issuing non-convertible debentures (NCDs) via a private placement basis.Powered by Capital Market - Live

Net profit of Bharat Electronics rose 18.36% to Rs 2127.04 crore in the quarter ended March 2025 as against Rs 1797.11 crore during the previous quarter ended March 2024. Sales rose 6.84% to Rs 9149.59 crore in the quarter ended March 2025 as against Rs 8564.08 crore during the previous quarter ended March 2024. For the full year,net profit rose 33.55% to Rs 5321.44 crore in the year ended March 2025 as against Rs 3984.52 crore during the previous year ended March 2024. Sales rose 17.27% to Rs 23768.75 crore in the year ended March 2025 as against Rs 20268.24 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales9149.598564.08 7 23768.7520268.24 17 OPM %30.7826.71 -28.7524.90 - PBDT3004.842508.61 20 7566.385709.41 33 PBT2867.262390.07 20 7099.005266.21 35 NP2127.041797.11 18 5321.443984.52 34 Powered by Capital Market - Live

Bharat Electronics announced that the Board of Directors of the Company at its meeting held on 19 May 2025, inter alia, have recommended the final dividend of Rs 0.9 per equity Share (i.e. 90%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Bharat Electronics will hold a meeting of the Board of Directors of the Company on 19 May 2025.Powered by Capital Market - Live

Bharat Electronics announced the appointment of Lt. General Vishwambhar Singh (Retd.), (DIN:09461326) as Non-Official Director (Independent Director) with effect from 23 April 2025. Powered by Capital Market - Live

These systems are indigenously designed and developed by CASDIC, DRDO and manufactured by BEL. The Combat Aircraft Systems Development & Integration Centre (CASDIC) is a DRDO lab under Defence Electronics Research Laboratory (DLRL), Hyderabad, which develops and integrates combat aircraft systems. The electronic warfare (EV) suite comprises radar warning receiver (RWR), missile approach warning system (MAWS) and counter measure dispensing system (CMDS) which significantly enhance the combat survivability of the helicopters along with effective counter measures. With this, BEL has now accumulated orders totalling Rs 2,803 crore in the current financial year,' the company said in a statement. Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The Government of India (GoI) remains BEL's largest shareholder with the current shareholding of 51.14%. The company's consolidated net profit surged 52.5% to Rs 1,310.95 crore on 38.6% rise in revenue from operations to Rs 5,770.69 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

Bharat Electronics (BEL) has signed a contract with Ministry of Defence valued at Rs.2,210 crore (excluding taxes) for supply of EW Suite for Mi 17 V5 Helicopters of Indian Air Force. These systems are indigenously designed and developed by CASDIC, DRDO and manufactured by BEL. The EW Suite comprises Radar Warning Receiver (RWR), Missile Approach Warning System (MAWS) and Counter Measure Dispensing System (CMDS) which significantly enhance the combat survivability of the helicopters along with effective counter measures.Powered by Capital Market - Live

The agreement covers servicing support for the Akash Missile System, which the company had previously supplied to the IAF. With this, BEL has commenced the current financial year, 2025-26, with Rs 593.22 crore in order acquisitions. In addition to this contract, the company has successfully concluded negotiations with customers for acquiring orders worth Rs 5,000 crore. Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. BEL has also diversified into various areas like homeland security solutions, smart cities, e-governance solutions, space electronics including satellite integration, energy storage products including e-vehicle charging stations, solar, network & cyber security, railways & metro solutions, airport solutions, electronic voting machines, telecom products, passive night vision devices, medical electronics, composites, and software solutions. The Government of India (GoI) remains BEL's largest shareholder with the current shareholding of 51.14%. The company's consolidated net profit surged 52.5% to Rs 1,310.95 crore on 38.6% rise in revenue from operations to Rs 5,770.69 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

Bharat Electronics (BEL) has signed a contract with Indian Air Force valued at Rs.593.22 crore (excluding taxes) for providing maintenance services for the Akash Missile System,which was supplied by BEL. With this, BEL has commenced the current financial year 2025-26 with Rs.593.22 crore order acquisition. Further, the company has concluded negotiations with customers for acquisition of orders worth Rs.5,000 crore. Powered by Capital Market - Live