Goldman Sachs Raises Bharat Electronics Target Price to ₹475 on Strong Growth Outlook 3 days ago
Goldman Sachs has raised Bharat Electronics' target price to ₹475 from ₹470 while maintaining a Buy rating. The revision is based on projected FY26 revenue growth of 16.4% YoY, expected Q4FY26 revenue and EPS growth of ~12.7% and ~13.3% respectively, and ~1% EPS upgrades for FY27/28 driven by margin improvements from favorable contract mix and strong order visibility.
Nomura Maintains Neutral Rating on Bharat Electronics with Rs 435 Target Price 3 days ago
CLSA Maintains Outperform Rating on Bharat Electronics with Rs 522 Target Price 3 days ago
Bharat Electronics Confirms ₹19.50 Billion Mountain Radar Contract with Indian Air Force
Bharat Electronics Limited has formally confirmed and signed a major defense contract worth ₹19.50 billion with the Indian Air Force for supplying specialized mountain radar systems designed for high-altitude operations. This substantial contract reinforces the company's position as a leading defense electronics manufacturer and adds significantly to its order book.
Bharat Electronics and RRP Group Sign Strategic MoU for Semiconductor and UAV Expansion
Bharat Electronics Limited has partnered with RRP Group through a strategic memorandum of understanding to scale operations in semiconductors, unmanned aerial vehicles, and electro-optics technologies. The collaboration aims to enhance India's technological capabilities and defense manufacturing ecosystem through combined expertise in these critical sectors.
24Mar 26
Bharat Electronics Ltd Records ₹21.77 Crore Block Trade on NSE
Bharat Electronics Ltd recorded a significant block trade on NSE worth ₹21.77 crores, involving approximately 525,253 shares at ₹414.45 per share. This substantial transaction indicates notable institutional investor activity in the defense electronics company's stock.
Bharat Electronics Secures ₹596 Crore in New Orders, Reports Strong Q2 Performance
Bharat Electronics Ltd secured additional orders worth ₹596 crore for drone detection systems, communication terminals, and software solutions since January 1, 2026. The defence PSU reported strong Q2 results with net profit rising 18% to ₹1,286 crore and revenue growing 26% to ₹5,764 crore, both beating analyst estimates. EBITDA increased 22% to ₹1,695.60 crore, though margins compressed slightly to 29.42% from 30.30% year-on-year.
09Jan 26
BEL Secures Additional Rs 569 Crore Defence Orders Since January 1 Disclosure
Bharat Electronics Limited announced additional defence orders worth Rs 569 crore since January 1, covering drone detection systems, communication terminals, and software solutions. This follows another Rs 569 crore order on January 1 for communication and medical electronics equipment. The company reported strong Q2 FY26 results with 25.75% revenue growth to Rs 5,763.65 crore and 18% PAT growth to Rs 1,286.13 crore, while shares have gained 48% over the past year.
09Jan 26
Bharat Electronics Secures Major Defense Order Worth ₹596 Crores
Bharat Electronics Limited has secured a major defense order worth ₹596 crores, significantly strengthening its order book. This substantial contract demonstrates continued confidence in the company's defense electronics capabilities and reinforces its strong market position in India's defense sector.
08Jan 26
Bharat Electronics Limited Announces New Orders Worth ₹596 Crore
Bharat Electronics Limited has secured additional orders worth ₹596.00 crore since January 1, 2026, as announced through a regulatory filing on January 8, 2026. The orders include drone detection and jamming systems, mobile communication terminals, software solutions, upgrades, spare parts, and services. This development showcases the Navratna defense PSU's continued success in winning contracts across diverse defense technology segments.
08Jan 26
Bharat Electronics Limited Secures Major Defense Order Worth ₹5.96 Billion
Bharat Electronics Limited has secured a major defense order worth ₹5.96 billion, significantly boosting its order book and reinforcing its position in India's defense electronics sector. This substantial contract win demonstrates the company's competitive strength and technical capabilities in delivering complex defense solutions, while supporting its growth trajectory in the indigenous defense manufacturing space.
Bharat Electronics Stock in Focus as Taiwan Seeks India's D4 Drone Systems
Taiwan has officially requested to acquire India's Drone Detect, Deter, and Destroy (D4) systems, potentially benefiting Bharat Electronics Limited (BEL). This development could expand BEL's international market reach, validate its drone technology, and strengthen Indo-Taiwan defense cooperation. The request aligns with India's self-reliance initiative in defense manufacturing and may enhance BEL's position in the global defense market, particularly in the Asia-Pacific region.
BEL Secures Major Orders Worth ₹537 Crore for Advanced Communication Systems, Including Project Kusha
Bharat Electronics Limited (BEL) has won new contracts worth ₹537.00 crore, strengthening its order book. The orders include communication equipment, advanced composite communication systems for ships, jammers, software solutions, and simulator upgrades. BEL is also involved in Project Kusha as a development partner with DRDO, a project potentially worth ₹40,000.00 crore. These developments reinforce BEL's position in India's defense modernization efforts and showcase its diverse capabilities in defense electronics and communication systems.
21May 25
Bharat Electronics Eyes Rs 40,000 Crore Order from Indigenous Air Defence Project
Bharat Electronics Limited (BEL) expects a potential order of up to Rs 40,000 crore from Project Kusha, an indigenous alternative to the S-400 air defence system. BEL is collaborating with DRDO on this project, developing key subsystems. The company also anticipates a Rs 30,000 crore order for the QRSAM system between Q4 FY24 and Q1 FY25. If the QRSAM order materializes in FY26, BEL's total order inflows could exceed Rs 50,000 crore. These developments signify BEL's crucial role in India's defense sector and the country's push towards self-reliance in defense technology.
Bharat Electronics Ltd: Share Price Hits All-Time High on Strong Q4 Results and Robust FY26 Outlook
Bharat Electronics Ltd (BEL) share price reached an all-time high of Rs 378.00, up 3.90%, following strong Q4 earnings. Net profit increased 18.40% to Rs 2,127.00 crore. BEL projects order inflows up to Rs 27,000.00 crore, potentially rising to Rs 57,000.00 crore with QRSAM order. The company forecasts 15.00% revenue growth and 27.00% EBITDA margins. JPMorgan set a price target of Rs 445.00, while Macquarie maintained a positive rating. BEL expects to secure orders worth nearly $6.00 billion over the next 15 months.
20May 25
BEL Raises EBITDA Guidance to 27% Amid Strong Financial Performance
Bharat Electronics Limited (BEL) has increased its EBITDA guidance to 27%, up from 23-25%, following impressive financial results. The company reported a 56.86% YoY revenue increase to ₹9,344.20 crore, a 62.22% EBITDA growth to ₹3,010.70 crore, and a 62.17% rise in net profit to ₹2,127.00 crore. EPS grew by 62.57% to ₹2.91, while the Operating Profit Margin improved to 30.78%. The raised guidance reflects BEL's confidence in its business model, operational efficiency, and growth prospects in the defense electronics sector.
20May 25
BEL Eyes Major Orders: Corvettes and Rs 30,000 Crore QRSAM Deal on Horizon
Bharat Electronics Limited (BEL) expects significant orders in the current fiscal year. The company anticipates securing contracts for next-generation corvettes from shipbuilding companies and a Rs 30,000 crore order for the Quick Reaction Surface-to-Air Missile (QRSAM) system by March. These potential orders are set to boost BEL's order book substantially, showcasing its technological capabilities in naval and air defense sectors while providing long-term revenue visibility.
Bharat Electronics Limited (BEL) reported a strong Q4 performance with an 18% increase in net profit to ₹2,127.00 crore and a 7% rise in revenue to ₹9,150.00 crore. The company's order book stands at ₹71,650.00 crore as of April 1. BEL expects orders worth at least ₹27,000 crore in FY26, with potential for an additional ₹30,000 crore QRSAM order. The company has recommended a final dividend of ₹0.90 per share.