The Indian defence industry has witnessed significant developments in recent years, with the government taking proactive measures to boost indigenous manufacturing and leverage the country’s technological capabilities.
A PSU stock that works in the aerospace and defence electronics industry has secured a sizable order worth Rs 634 crore, underscoring its strong positioning in the market and its ability to cater to the diverse needs of the Indian defence forces. The order includes the maintenance of critical defence equipment such as the Akash Missile System, telescopic sights, communication equipment, jammers, electronic voting machines, test stations, and spares.
Share Price Movement
The share price of Bharat Electronics Limited went up by 1.17 percent to Rs. 318.3 per share on Tuesday, an increase from its previous close of Rs. 314.6 per share. The market capitalisation now stands at approximately Rs. 2,29,782 crore as of December 10, 2024.
What happened
Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has received additional orders valued at ₹634 crore since its last update on November 8, 2024. These include significant contracts for maintaining the Akash Missile System, telescopic sights for firearms, communication systems, jammers, electronic voting machines, test stations, spares, and related services. With these latest additions, BEL’s total order book for the current financial year has reached ₹8,828 crore.
Q2 Financial Highlights
According to its recent filing, in the quarter ending September 2024, Bharat Electronics’s consolidated revenue from operations has increased by 14.86 percent YOY from Rs. 4,009 crore in Q2 FY24 to Rs. 4,605 crore in Q2 FY25 and increased by 8.5 percent QoQ from Rs. 4,244 crore in Q4 FY24.
The company’s consolidated net profit has increased by 38.35 percent, from Rs. 790 crore in Q2 FY24 to Rs. 1,093 crore in Q2 FY25. As compared to the last quarter of 2025, the company’s net profit has increased by 38.17 percent QoQ from Rs. 791 crore.
Market Outlook
The Indian defence industry is experiencing growing demand driven by national security concerns. The government has taken several proactive measures to boost indigenous manufacturing and leverage the country’s technological capabilities. Key developments include setting defence export targets, opening up the industry for private sector participation, and providing financial support for defence R&D and innovation. These initiatives are expected to strengthen India’s competitive advantage in the global defence market and support the country’s long-term strategic goals.
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Shareholding Pattern
As of the September 2024 shareholding pattern, Bharat Electronics Limited is primarily held by the promoters at 51.14 percent, foreign institutional investors hold 17.27 percent, and the public with 11.37 percent.
About Company
Bharat Electronics Limited (BEL), a leading public sector undertaking, specialises in aerospace and defence electronics. Established in 1954, BEL is headquartered in Bengaluru, Karnataka. With a legacy spanning nearly seven decades, the company has emerged as a vital contributor to India’s defence and civilian technology sectors. As a Navratna enterprise, BEL’s innovative solutions ensure its significant role in advancing India’s self-reliance.
BEL offers a diverse portfolio, including communication systems, radars, avionics, and electronic warfare systems for defense. It also manufactures civilian products like e-governance solutions and solar power systems. Moreover, BEL provides electronic manufacturing services, including precision machining and optoelectronics.
Over the years, the company expanded its capabilities by incorporating advanced technologies. Its global footprint includes exports to nations like the United States and Germany, alongside offices in New York and Singapore.
With a commitment to quality and innovation, BEL continues to enhance India’s technological infrastructure. Its vision to remain globally competitive underscores its leadership in defence electronics while also empowering civilian markets. Through persistent efforts, BEL ensures a robust contribution to national growth and technological excellence.
Written By Fazal Ul Vahab C H
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