Bharat Electronics (BEL), a Navratna Defence PSU, has announced impressive financial results for the fiscal year 2024-25, showcasing strong growth and a substantial order book. The company's performance highlights its pivotal role in India's defence electronics sector and its expanding global presence.

Record-Breaking Turnover

BEL has achieved a remarkable turnover of approximately ₹23,000.00 crore (provisional and unaudited) for the financial year 2024-25. This represents a significant 16% growth compared to the previous year's turnover of ₹19,820.00 crore. The company's consistent performance underscores its strong market position and operational efficiency.

Export Growth

The company's global footprint continues to expand, with export sales reaching around US$ 106.00 million in FY 2024-25. This marks a 14% increase from the previous year's export turnover of US$ 92.98 million, reflecting BEL's growing international presence and competitiveness in the global market.

Robust Order Book

As of April 1, 2025, BEL's order book stands at an impressive ₹71,650.00 crore, including an export order book of US$ 359.00 million. This substantial backlog provides a strong foundation for future revenue growth and operational stability. The order book's size is indicative of the trust placed in BEL by both domestic and international clients.

Key Orders and Projects

During the fiscal year 2024-25, BEL secured orders worth ₹18,715.00 crore. Some of the major orders received include:

• BMPII 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
• Various spares and services

Additionally, the company has secured projects in the non-defence sector, diversifying its portfolio and revenue streams.

Strategic Focus

Shri Manoj Jain, Chairman & Managing Director of BEL, emphasized the company's commitment to self-reliance through enhanced indigenization efforts, expansion, and modernization. BEL is actively outsourcing to Indian industries, including MSMEs and startups, as part of its strategy to strengthen the domestic supply chain.

The company has also outlined plans to maximize its global outreach and footprint in international market segments in the coming years. These strategic initiatives are aimed at maintaining BEL's market leadership position in the strategic electronics sector .

Outlook

With its record-breaking turnover, growing export sales, and a robust order book, Bharat Electronics is well-positioned for sustained growth. The company's focus on indigenization, modernization, and global expansion aligns well with India's push for self-reliance in defence technology and the country's ambitions to become a major player in the global defence export market.

As BEL continues to innovate and expand its product portfolio, it is likely to play an increasingly important role in India's defence preparedness and technological advancement in the coming years.

Bharat Electronics Limited (BEL), a Navratna Defence PSU, has reported a remarkable financial performance for the fiscal year 2024-25, setting new benchmarks in its operational history while falling short on order inflow targets.

Revenue Growth and Order Inflow

BEL has achieved a provisional and unaudited turnover of approximately Rs. 23,000.00 crore for the financial year 2024-25. This represents a significant growth of 16% compared to the previous year's turnover of Rs. 19,820.00 crore, surpassing the company's 15% growth projection. However, BEL received orders worth Rs. 18,715.00 crore in FY25, falling short of its Rs. 25,000.00 crore target.

Export Performance

The company's export sales have also shown impressive growth:

Order Book Status

BEL's order book remains robust, reflecting strong market demand for its products and services:

• Total orders received in FY 2024-25: Rs. 18,715.00 crore
• Total order book value as of April 1, 2025: Rs. 71,650.00 crore
• Export order book: US$ 359.00 Million

Key Orders Received

Some of the major orders secured by BEL during the fiscal year include:

• BMPII 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
• Various spares and services

The company has also secured projects in the non-defence sector, diversifying its portfolio.

Strategic Outlook

Shri Manoj Jain, Chairman & Managing Director of BEL, highlighted the company's strategic focus:

"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."

The company's emphasis on self-reliance, indigenization, and expansion into global markets underscores its commitment to maintaining its leadership in the strategic electronics sector while contributing to India's defence capabilities.