This Navratna PSU stock is a leading defense public sector enterprise engaged in the design, development, and manufacturing of advanced defense electronics and communication systems, jumped 2 percent after securing orders worth Rs. 1385 crore from the Indian Air Force.
Stock Price Movement:
With a market capitalization of Rs. 2,21,961.43 crores, the share of Bharat Electronics Limited has reached an intraday high of Rs. 305.70 per equity share, rising nearly 1.67 percent from its previous day’s close price of Rs. 300.70. Since then, the stock has retreated and is currently trading at Rs. 303.65 per equity share.
What Happened:
Bharat Electronics Limited (BEL) received additional new orders worth Rs. 1,385 Crore on 27th March 2025, bringing its total order book for the current financial year to Rs. 18,415 Crore. This order follows a significant contract worth Rs. 2,463 Crore, secured on 12th March 2025, for the supply and services of Ashwini Radars to the Indian Air Force.
This new order adds to BEL’s growing portfolio, which includes various defense technologies such as radar spares, radar upgrades, electronic voting machines, and advanced navigation systems. The company continues to see strong demand, further strengthening its position in the defense sector.
Order Book:
As of January 1, 2025, the company’s current order book stands at Rs. 71,100 crores. For the financial year 2025, the company has set a target of securing Rs. 25,000 crores in new orders. So far, it has successfully secured orders worth Rs. 18,415 crores, making significant progress towards its annual target.
Guidance and Future Outlook:
The management is optimistic about achieving a revenue growth of over 15 percent for FY25, with EBITDA margins expected to be between 23 percent and 25 percent. They anticipate total order inflows to surpass Rs. 25,000 crores, driven by ongoing projects and new contracts.
The QRSAM project is expected to be secured in the next 6-8 months, with an estimated order value of Rs. 25,000 to Rs. 30,000 crores. Orders for MRSAM and MFSTAR related to next-gen corvettes are also anticipated in the next fiscal year, valued between Rs. 14,000 to Rs. 15,000 crores.
Recent quarter results:
Bharat Electronics Limited has reported significant financial growth for Q3 FY25. The company’s revenue increased by 38.66 percent, rising from Rs. 4,162 crore in Q3 FY24 to Rs. 5,771 crore in Q3 FY25.
Additionally, net profit grew by 52.56 percent, from Rs. 860 crore in Q3 FY24 to Rs. 1,312 crore in Q3 FY25, highlighting strong operational performance.
Written By – Nikhil Naik
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