It is expected that the tender has sought a formal invitation for proposal, also known as Request for Proposal (RFP) for 5-6 regiments of Anant Shastra (QRSAM) systems has been sought, which could result in an order for BEL if the Army accepts BEL's bid.
The AMCA programme is aimed at developing an Advanced Medium Combat Aircraft, India’s indigenous fifth-generation, twin-engine, multi-role stealth fighter, through industry partnership, by DRDO's Aeronautical Development Agency (ADA).
Some companies, including Hindustan Aeronautics (HAL) in helicopters and Solar Industries in drones, may see incremental advantages, but analysts stress that these are unlikely to translate into significant margin expansion.
The company is planning to invest around Rs 1,600- 1,800 crore in R&D and Rs 1,000 crore in capex. Furthermore, it's targeting exports worth about Rs 1,000 crore this year and plans to achieve a 20 percent-plus growth
India’s Defence Acquisition Council has approved a series of procurements and upgrades for the Army, Navy, and Air Force, potentially benefiting firms like BEL, L&T, and HAL.
In the previous quarter earnings call, Jain had noted that the company expects to bag multiple orders from the recently-approved emergency procurement proposal for the Indian Armed Forces following Operation Sindoor.
BEL Q1 Results: The Navratna defence PSU company's revenue from operations rose 5% YoY to Rs 4,439.74 crore in Q1 FY26, lower than estimate.
Equipped with inbuilt Electronic Counter Measure (ECM) features, the radars are designed to operate seamlessly in hostile electronic environments.
According to a Moneycontrol poll of six brokerages, BEL's revenue is expected to rise 10% YoY in Q1FY26 to Rs 4,244 crore but may see a 53% sequential fall. They see net profit growing 15% YoY to Rs 925 crore.
The company’s long-term goal is to achieve 20 percent revenue growth in the next 5 years
At close, the Sensex was up 90.83 points or 0.11 percent at 83,697.29, and the Nifty was up 24.75 points or 0.10 percent at 25,541.80. About 1971 shares advanced, 1889 shares declined, and 150 shares unchanged.
Defence exports from domestic firms may reach Rs 5 lakh crore by 2028-29, building on the 32.5 percent increase in exports from 2022-23 to 2023-24.
Trent and Bharat Electronics will be included in the BSE Sensex, replacing Nestle India and IndusInd Bank, with the adjustment taking place on June 20.
The BSE 100 will see three additions: Dixon Technologies (India) Ltd, Coforge Ltd, and Indus Towers Ltd. These companies will replace Bharat Forge Ltd, Dabur India Ltd, and Siemens Ltd in the index.
Bharat Electronics posted an 18.4 percent increase in consolidated net profit to Rs 2,127 crore for the January-March FY2025 period.
BEL said it will also be involved in the deployment of major sub-systems related to the Russian S-400 air defence system, which had played a key role in safeguarding Indian airspace during the border conflict with Pakistan earlier this month.
BEL's stock has gained around 53 percent over the past, and gained around 30 percent over the last six months.
The company aims to capitalise on global export opportunities, leveraging its robust product portfolio
The company had previously won a Rs 577 crore order on March 6 for airborne electronic warfare systems, submarine communication solutions, Doppler weather radar, and train communication systems.
BEL share price: If the defence major is to announce an interim dividend exceeding Rs 3 per share, it would mark the highest payout since February 2017, the highest in 8 years
Bharat Electronics Ltd. (BEL), a leading defence electronics company in India, continues to solidify its position with a strong order book, efficient execution, and improving margins. Recently included in the Nifty 50 index, BEL's stock has corrected from its peak of Rs 340 in July 2024 to Rs 279, offering reasonable valuation at 29x FY27 estimated earnings. With a focus on defence contracts, R&D investments, and margin expansion, BEL is poised for sustained growth.
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Including these orders, so far for FY25, Bharat Electronics’ total order book has reached Rs 11,855 crore.
Analysts will be keeping a close eye on the order pipeline and execution timelines for key projects.
Nuvama forecasts significant growth for the defence sector, forecasting $130 billion in spending for the sector over the next five years.