Navratna defence public sector undertaking Bharat Electronics Limited (BEL) on Monday (September 1) said it has received additional orders valued at ₹644 crore since its last disclosure on July 30, 2025.
The major orders include data centres, ship fire control system, tank navigation system, communication equipment, seekers, jammers, simulators, electronic voting machines, upgrades, spares, and services.
First quarter results
The PSU’s revenue for the quarter increased by 5.2% from last year to ₹4,417 crore, missing CNBC-TV18 poll’s estimate of ₹4,812 crore. However, earnings before interest, tax, depreciation and amortisation increased by 32.2% from the same quarter last year to ₹1,240.4 crore, which was higher than the CNBC-TV1 poll estimate of ₹1,178 crore.
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The EBITDA margin expanded by nearly 600 percentage points to 28.1% from 22.3% last year, beating the expected 24.5%. On a year-on-year basis, BEL’s revenue growth was led by healthy execution and a favourable product mix.
Order book
As of April 1, BEL’s order book position stood at ₹71,650 crore. Since the start of the new financial year, BEL has disclosed order inflows worth ₹7,348 crore, which is 27% of its order inflow guidance for the full year, which stands at ₹27,000 crore, which excludes a quick-reaction surface-to-air missiles order worth ₹30,000 crore. BEL has also highlighted that it sees a pipeline worth ₹1 lakh crore over the next 18-24 months.
Shares of Bharat Electronics Ltd ended at ₹374.20, up by ₹4.80, or 1.30%, on the BSE today, September 1.
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