Bharat Electronics Ltd (BEL) is expected to remain in focus on March 7 after the company secured an additional order worth ₹577 crore since February 20, 2025. The newly received orders include airborne electronic warfare products, an advanced composite communication system for submarines, a Doppler weather radar, a train communication system, radar upgradation, and related spares and services.
With these new orders, BEL’s cumulative order inflow till now in the current financial year has now reached ₹13,724 crore. Market experts believe that a fall of 20% from a peak offers a good buying opportunity, given the structural growth in defence capital expenditure in India. BEL is one of the best diversified and consistent plays in this space.
The company has reported a revenue, EBITDA, and profit CAGR of 15 percent, 17 percent, and 16 percent, respectively, with a mean return on equity (ROE) of over 25 percent in FY24 to FY27. The experts also foresee a high probability of BEL placing orders worth ₹12,000 crore by March 31, strengthening its order book.
On March 5, the company’s board approved a dividend of ₹1.50 a share as an interim dividend with a record date for payment set at March 11, 2025.
Ministry of Defence in February signed a ₹1,220 crore contract with BEL to acquire 149 Software Defined Radios for the Indian Coast Guard. BEL has also received orders worth ₹962 crore, with a ₹610 crore contract to supply Electro-Optic Fire Control Systems to the Indian Navy.
Do you have a news tip for Lakshmishree reporters? Please email us at media@lakshmishree.com.
Source: Moneycontrol.
News Desk
