Bharat Electronics shares rally for fourth day on new Rs 529-crore order

Bharat Electronics shares have risen 44 percent since the beginning of the year.

Shares of Navratna defence PSU Bharat Electronics Ltd (BEL) gained over 3 percent to Rs 435 in the morning on July 1, extending gains for a fourth consecutive session, after it announced that it has secured fresh orders worth Rs 528 crore.

The latest contracts include a range of defence and strategic systems such as radars, communication equipment, electronic voting machines (EVMs), jammers, shelters, control centres, spares, and related services.

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This comes just a week after the defence equipment maker bagged a Rs 585-crore order and another Rs 537 crore in early June, which covered communication systems, ship-based composite systems, jammers, software, simulator upgrades, and testing equipment.

On the financial front, BEL posted an 18.4 percent year-on-year rise in net profit at Rs 2,127 crore for the fourth quarter of FY25, compared to Rs 1,797 crore in the year-ago period. Revenue from operations grew 6.8 percent to Rs 9,149.6 crore, up from Rs 8,564 crore last year.

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The company’s EBITDA margin also saw a sharp expansion, rising to 30.8 percent from 26.7 percent in the same quarter last year.

BEL reported a Q4FY25 turnover of Rs 8,850.42 crore, up from Rs 8,335.01 crore in the corresponding quarter of FY24. For the full year, the company clocked a turnover of Rs 23,024.10 crore — a 16.2 percent increase over Rs 19,819.93 crore in FY24.

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At about 9:20 am, shares of the company were trading at Rs 434, higher by 3.1 percent from the last close on the NSE. Bharat Electronics shares have risen 44 percent since the beginning of the year.

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