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BEL Bags Fresh Defence Orders Worth Rs 533 Crores

BEL
BEL standalone net profit rose 8.8% year-on-year to Rs 1,054 crore.

Bharat Electronics shares closed at a day high of Rs 380 on Oct 13 after the defence PSU secured fresh orders worth Rs 533 crore.

The company told exchanges, under SEBI’s listing rules, that it has won the work since its last update on 17 September.

NSE’s announcements page shows the filing went out at 3:33 pm, just after the market closed. The orders cover a wide mix of products.

These include communication equipment, avionics, cybersecurity solutions, drones, jammers, software solutions, upgrades, spares and services.

Avionics are the electronic systems inside aircraft, and jammers are devices that disrupt enemy signals. The reports do not split the Rs 533 crore order by order or name the customers.

BEL is a state-run defence electronics firm. In the first quarter, its standalone net profit rose 8.8% year-on-year to Rs 1,054 crore. Revenue from operations grew faster, up 25.3% to Rs 5,533 crore.

Profit before tax also rose 8.8%, from Rs 1,289 crore to Rs 1,403 crore. One number slipped. The EBITDA margin, a measure of operating profitability, fell to 25.1% from 28.1% a year earlier.

The order book stood at Rs 72,258 crore as of 1 July 2026. An order book is the value of work a company has won but not yet delivered.

The board has also approved a proposal to lift authorised share capital from Rs 750 crore to Rs 1,000 crore.

Authorised capital is the most a company can issue in shares. The step needs shareholder approval at the upcoming annual general meeting.

BEL also looked at how the conflict in Israel affects its contracts with companies based there. It found no material financial impact as of the results date.

At the close on NSE, Bharat Electronics stood at Rs 380.00, up Rs 6.10 or 1.63% from the previous close of Rs 373.90.

The stock opened at Rs 373.00 and touched a low of Rs 369.40. Its 52-week range runs from Rs 360.50 to Rs 473.45.

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