We are confident of achieving an order inflow of Rs 25,000 crore by end of financial year: BEL's Manoj Jain

For Q3FY25, BEL reported a net profit of Rs 1,316 crore, up by 47.3 percent YoY. Revenue for the quarter also grew 39 YoY to Rs 5,756 crore.

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26 Aug, 2025 12:21

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Management for Bharat Electronics has expressed strong confidence in achieving an order inflow of Rs 25,000 crore by the end of the current financial year from the current Rs 11,000 crore on the back of a robust project pipeline and strong execution performance. "Many projects are in the pipeline and many we are hopeful to get in next two months," Manoj Jain, CMD, Bharat Electronics (BEL) said. Jain was speaking as a part of BEL's Q3FY25 earnings call.

On their guidance for the balance of the year, Jain said that they remain confident on their projected revenue growth. "We still want to retain with 100 percent confidence our revenue growth of more than 15 percent, which we said at the start of the year. We are confident we are going to cross 15 percent," he said.

The company expects an EBITDA margin between 23 to 25 percent, possibly touching 25 percent based on third-quarter performance and order inflow.

"These three parameters, namely order inflow, revenue growth, and EBITDA margin—are definitely going to be achieved," Jain added.

The defense and non-defense ratio in the order book is around 88 to 89 percent for defence orders and 10 to 11% for non-defense orders, the management said.

Recently, the Ministry of Defence announced that in order to give impetus to the ongoing and future reforms, it was unanimously decided to observe 2025 as the 'Year of Reforms'. On BEL's "Year of Reform" targets, the management noted that they have also been proactively working on a series of transformative initiatives. One of the key reforms flagged off recently is the Battlefield Surveillance System (BSS), Sanjay. "This was one of the important reforms we wanted to launch within this year, specifically in January, despite significant challenges," Jain said adding that they are committed to completing this product because it is poised to revolutionize battlefield surveillance on a large scale."

He added that BEL will be working on many projects that will fundamentally transform the battlefield landscape.

For Q3FY25, BEL reported a net profit of Rs 1,316 crore, up by 47.3 percent YoY. Revenue for the quarter also grew 39 YoY to Rs 5,756 crore. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 57.5 percent year-on-year to Rs 1,653 crore and  margin expanded by 330 basis points to 28.7 percent. At the end of the December quarter, BEL's total order book stood at Rs 71,100 crore.

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