Moneycontrol PRO
HomeNewsBusinessMarketsBharat Electronics shares tank 5% after PSU firm misses FY25 order inflow guidance

Bharat Electronics shares tank 5% after PSU firm misses FY25 order inflow guidance

BEL share price: On April 1, BEL said it has achieved a turnover of around Rs 23,000 crore, which is 16% higher than year-ago period but lower than the company's projections of Rs 25,000 crore

April 02, 2025 / 10:32 IST
Bharat Electronics shares tank 5% after PSU firm misses FY25 order inflow guidance
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Shares of Bharat Electronics Ltd (BEL) declined over 5% on April 2 after the PSU defence firm missed its FY25 order inflow guidance.

    On April 1, BEL said it has achieved a turnover of around Rs 23,000 crore, which is 16% higher than year-ago period but lower than the company's projections of Rs 25,000 crore.

    At 10:10 am on April 2, BEL shares on BSE were trading 5.3% lower at Rs 276.6 apiece. The 52-week high of the stock is Rs 240.5 and 52-week low is Rs 212.6. The market capitalisation of the stock is Rs 2.02 lakh crore.

    "Navratna Defence PSU BEL has achieved a turnover of around Rs 23,000 crore (provisional and unaudited), during the Financial Year 2024-25, against the previous year's turnover of Rs 19,820 crore registering a growth of 16%. This includes Export sales of around $106 million during FY 2024-25, as against the previous year's export turnover of $92.98 million, registering a growth of 14%," said BEL in a stock exchange filing.

    "In the fiscal year 2024-25, BEL secured orders worth Rs 18,715 crore. Some of the major orders received during the year are BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data link, Multi-Function Radars, EON 51, Seekers, Anti drone system, Airport Surveillance Radar, Sonar Upgradation, Flycatcher spares, Radar upgradation, Spares and Services etc and other projects in Non-defence sector. With this, the total order book of BEL as on April 1st, 2025, stands at around Rs 71,650 crore, including Export Order Book of $359 million," added BEL.

    Manoj Jain, Chairman & Managing Director, BEL, said: "BEL strives to attain self-reliance through enhanced Indigenisation efforts, Expansion and Modernisation, Outsourcing to Indian Industries including MSMEs & Start-ups. BEL has rolled out strategies to maximise its Global outreach and footprint in International market segments in the coming years. All these efforts will help BEL to retain its market leadership position in the Strategic Electronics sector."

    Moneycontrol News
    first published: Apr 2, 2025 10:20 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347