Bharat Electronics Limited has published its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, forming part of its Integrated Annual Report 2025-26. The report is prepared on a standalone basis and covers the company's performance across all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). Independent reasonable assurance for the BRSR Core Matrices has been provided by Sustainability Actions Private Limited for the period from 1 April 2025 to 31 March 2026.

Corporate Overview and Business Activities

Bharat Electronics Limited, incorporated in 1954 and headquartered at Outer Ring Road, Nagavara, Bengaluru – 560045, reported a paid-up capital of ₹7,30,97,78,829 for FY 2025-26. The company's turnover stood at ₹2,66,79,57,52,240 and net worth at ₹2,36,97,55,56,827 as disclosed under CSR applicability details. The company's business activities accounting for 90% of turnover are summarised below:

The top product/service segments contributing to turnover are as follows:

The company operates 9 plants and 38 offices nationally, along with 3 international offices, serving customers across 28 states and 8 union territories domestically and 13 countries internationally. Exports accounted for 4.99% of total turnover during the reporting period.

Workforce and Employee Well-Being

As at the end of FY 2025-26, Bharat Electronics Limited's total workforce comprised 12,444 employees and 9,107 workers. The company provides comprehensive well-being coverage including health insurance, accident insurance, maternity and paternity benefits, and day care facilities to all permanent employees and workers.

The company also employs 162 differently abled employees (142 male, 20 female) and 133 differently abled workers (102 male, 31 female). All permanent employees and workers recorded a 100% return-to-work and retention rate following parental leave. BEL has implemented the Employee Grievance Redressal and Monitoring System (e-GRAMS) for structured, multi-level grievance redressal accessible to all employees and workers through the company intranet.

Environmental Performance and Sustainability Commitments

Bharat Electronics Limited achieved RE100 status in January 2025, ahead of its self-set March 2025 target, ensuring that all manufacturing operations during FY 2025-26 were carried out using renewable electricity. This milestone has effectively reduced Scope 2 emissions from manufacturing operations to zero. The company has set a target to achieve Net Zero Carbon Emission by 2035, using FY 2024-25 GHG emissions as the baseline, covering all three scopes across all units.

Key environmental initiatives undertaken during the reporting period include:

• Cumulative installation of 13.9 MW of wind plants in Davanagere and Hassan, Karnataka, and cumulative 2.8 MW of rooftop solar power plants
• Installation of a 500 KWP solar power plant producing 2.29 TJ of energy
• Replacement of all factory and estate lighting with LED lights
• Retrofitting of existing air conditioners with refrigerants having lower Global Warming Potential (GWP)
• Retrofitting of diesel generators with dual-fuel systems
• Switch-over from PNG cooking to induction-based cooking in canteens
• Installation of a sewage treatment plant of 300 KLD at Kotadwar unit
• Rainwater harvesting reservoir at Bangalore Complex with a capacity of 170 million litres and expected annual yield of approximately 234 million litres

Bharat Electronics Limited complies with all applicable environmental laws including the Water (Prevention and Control of Pollution) Act, Air (Prevention and Control of Pollution) Act, and the Environment Protection Act. The company has obtained registration under the Extended Producer Responsibility (EPR) framework under Importer and Brand Owner categories of Plastic Waste Management Rules, with Producer category registration under E-waste rules in progress.

CSR Initiatives and Inclusive Growth

CSR is applicable to Bharat Electronics Limited under Section 135 of the Companies Act, 2013. The company has undertaken CSR projects across healthcare, education, skill development, rural development, women empowerment, and support for armed veterans. CSR spending in designated aspirational districts is detailed below:

CSR beneficiaries spanned multiple focus areas, with healthcare projects reaching 20,57,076 beneficiaries across 22 projects, education projects covering 32,251 beneficiaries across 3 projects, and skill development initiatives benefiting 2,392 individuals across 2 projects. The company sources 8.6% of its total procurement (by value) from marginalized and vulnerable groups including SC, ST, women entrepreneurs, and start-ups.

Governance, Policies, and Assurance

Bharat Electronics Limited has policies covering all nine NGRBC principles, each approved by the Board, with web links available at https://bel-india.in/codes-policies/ . The Risk Management and ESG Committee of the Board is responsible for decision-making on sustainability-related issues. The company holds memberships with ten national trade and industry associations, including FICCI, CII, ASSOCHAM, SIDM, and ISpA, among others.

The BRSR Core Matrices for FY 2025-26 have been independently assured by Sustainability Actions Private Limited under reasonable assurance standards, in accordance with ISAE 3000, covering the period from 1 April 2025 to 31 March 2026. The report was signed on behalf of the Board by Manoj Jain, Chairman & Managing Director, on 1 August 2026.

The Indian government is reportedly set to announce a major defence deal worth ₹10,000 crore involving two of the country's prominent public sector defence manufacturers, as reported by ZEE. The deal is said to involve Bharat Electronics Limited (BEL) and Bharat Dynamics Limited (BDL), underscoring continued momentum in domestic defence procurement.

Deal Overview

The key parameters of the reported deal are outlined below:

Key Highlights

• The deal is reported to be worth ₹10,000 crore in total.
• Both Bharat Electronics Limited (BEL) and Bharat Dynamics Limited (BDL) are named as the beneficiaries of the proposed government contract.
• The announcement is yet to be made official, as per the report.

Further details regarding the nature, scope, and timeline of the deal have not been specified in the available information. As the report is sourced from ZEE, stakeholders are advised to await an official government announcement for complete and verified details.