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India Today
3 days ago
- India Today
Indian Army conducts field trials of new-age defence platforms across country
The Ministry of Defence in a statement on Saturday said that Indian Army is conducting large-scale field trials of next-generation defence technologies across several key locations in India, including Pokhran, Babina, Joshimath, Agra and Gopalpur. According to the statement, these demonstrations are being carried out under simulated near-combat scenarios and include integrated electronic warfare (EW) simulations to ensure real-world trials are part of the Army's larger vision for a 'Decade of Transformation' and are aligned with the Aatmanirbhar Bharat initiative, which promotes indigenous defence production. A diverse range of advanced military platforms are under evaluation, including:Unmanned Aerial Systems (UAS)UAV Launched Precision Guided Munitions (ULPGM)Runway Independent RPASCounter-UAS and Loitering MunitionsSpecialised Vertical Launch (SVL) DronesPrecision Multi Munition Delivery SystemsIntegrated Drone Detection and Interdiction Systems (IDDIS)Low Level Light Weight RadarsNext-Gen VSHORADS IR SystemsElectronic Warfare (EW) PlatformsThe statement also stated that General Upendra Dwivedi, Chief of the Army Staff, visited the Babina Field Firing Ranges on May 27 to review the ongoing demonstrations. He interacted with military personnel and representatives from the domestic defence sector, underscoring the Indian Army's strategic focus on capability enhancement and technological InMust Watch
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Business Standard
21-05-2025
- Business
- Business Standard
PSU defence stock hits new high on heavy volumes; zooms 24% in 2 weeks
Bharat Electronics share price today Share price of Bharat Electronics (BEL) hit a new peak of ₹379.90 today, gaining 4 per cent on the BSE in Wednesday's intraday trade amid heavy volumes, as strong order book position provided healthy revenue visibility going forward. In the past two weeks, the stock price of the 'Navratna' defence public sector undertaking (PSU) company has rallied 24 per cent. Moreover, BEL share price has bounced back 51 per cent from its previous month low of ₹252.25, touched on April 7, 2025. At 10:43 AM, BEL shares were trading 3.9 per cent higher at ₹378 as compared to 0.95 per cent rise in the BSE Sensex index. Around 37.66 million equity shares have, together, changed hands on the NSE and BSE. Catch Stock Market LIVE Updates Today BEL Q4 results BEL reported a 15 per cent year-on-year (Y-o-Y) rise in net profit at ₹2,127 crore for the fourth quarter of financial year 2024–25 (Q4FY25). The company had posted a profit of ₹1,796.67 crore in the corresponding quarter of the previous financial year. The company reported a 6 per cent Y-o-Y increase in revenue from operations, which stood at ₹9,149.59 crore in Q4FY25, compared to ₹8,564.08 crore in Q4FY24. BEL order book As on April 1, 2025, the total order book of BEL stood at around ₹71,650 crore, including export order book of $359 million. On May 16, 2025, BEL announced that it has secured additional orders worth ₹572 crore. The major orders received by BEL include Integrated Drone Detection and Interdiction System (IDDIS), Software Defined Radio (SDR) and Data Communication Unit (DCU) for attack guns, AI based solutions for ships, simulators, communication equipment, jammers, spares, services etc. Earlier, on April 7, 2025, BEL announced that it has signed a deal with the Defence Ministry, worth ₹2,210 crore, for the supply of Electronic Warfare (EW) Suite for Mi 17 V5 Helicopters of Indian Air Force (IAF). In FY25, BEL secured orders worth ₹18,715 crore. Some of the major orders received during FY25 were BMP II 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, Spares and Services etc and other projects in Non-defence sector. Order inflows for FY26 is estimated around ₹27,000 crore, excluding Quick Reaction Surface-to-Air Missile (QRSAM) order (worth ₹30,000 crore). QRSAM order is expected to be booked in Q4FY26. However, there might be some delay and may slip to Q1FY27, BEL said. The Management has guided for revenue growth of 15 per cent for FY26. It is also confident to maintain earnings before interest, taxes, depreciation and amortisation (Ebitda) margins at 27 per cent level, driven by increasing indigenise components in its subsystems and operating leverage. The Government's growing capital budget allocation and continued focus on increasing India's defence product manufacturing capability are expected to support the order inflow for BEL in the medium to long term. Additionally, the Government of India's increased focus on increasing indigenous procurement under 'Atmanirbhar Bharat' provides a unique opportunity for BEL to build its future revenue streams through development of domestic capabilities, according to analysts. ALSO READ | Brokerage View: JM Financial Institutional Securities on BEL The brokerage remains positive on BEL given the strong order backlog (₹71,600 crore), which provides revenue visibility. Besides, sustained steady margin profile, healthy order prospects, increasing business opportunity from Indian Navy (indigenization and increasing fleet), continuous focus on diversification (including anti-drone system) & exports markets and indigenisation push by the government of India augur well for the defence stock. Strengthening vendor/supplier base along with internal process improvement will help company to execute projects faster. Capex planned to be ₹1,000 crore/year for next couple of years towards capacity expansion. BEL continues to explore new growth opportunities through diversification, capability enhancement, competitiveness, modernization and export initiatives. Factoring in strong EBITDA margin guidance, analysts at the brokerage have revised their EPS estimates upwards by 3.6 per cent/4.3 per cent for FY26/27E. The brokerage firm expects revenue and profit after tax (PAT) to see a compounded annual growth rate (CAGR) of 16 per cent/12 per cent over FY25-27E. Analysts maintain a 'Buy' rating on BEL stock with a revised target price of ₹405 (₹360 earlier), valuing it at 45x FY27E (42x FY27E EPS earlier), on the back of a strong defence outlook and order pipeline. ALSO READ | About BEL BEL, a Navratna DPSU, was established in 1954 under the Ministry of Defence, the GOI, to cater to the electronic equipment requirements of the defence sector. The GOI remains BEL's largest shareholder with the current shareholding of 51.14 per cent. BEL is the dominant supplier of radar, communication and electronic warfare equipment to the Indian armed forces. The company has nine manufacturing units across India and two research units. The Bangalore and the Ghaziabad units are BEL's two major units, with the former contributing to the largest share of the company's total revenues and profits.
News18
20-05-2025
- Business
- News18
BEL Dividend Announcement 2025: Defence PSU Declares 90% Final Dividend In Q4
Last Updated: BEL Final Dividend 2025: BEL reported that its PAT for the quarter ended March 31, 2025 stood at Rs 2,104.78 crore, up 18 per cent year-on-year. Bharat Electronics (BEL) Final Dividend 2025: Bharat Electronics Limited (BEL) has recommended a final dividend of Rs 0.90 per equity share (at the rate of 90 per cent) on the face value of Rs 1 each for the financial year 2024-25. PSU said the proposed dividend is subject to the approval of the shareholders in the next Annual General Meeting of the Company. On Tuesday, BEL shares rose 1 per cent intraday to Rs 369.80 apiece. The scrip opened at Rs 369.05 apiece. BEL is part of BSE 100 with a market cap of Rs 2.67 lakh crore. BEL board will announce the record date and payment date for the aforesaid dividend in due time. BEL Q4 Results BEL reported that its PAT for the quarter ended March 31, 2025 stood at Rs 2,104.78 crore, up 18 per cent year-on-year from Rs 1,783.52 crore in the corresponding quarter of the previous fiscal year. Its consolidated revenue for FY25 stood at Rs 24,511.11 crore, up 17 per cent YoY from Rs 20,938 crore in FY2023-24. BEL Gets Rs 572 Cr Order Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs. 572 Crores since the last disclosure on 07th April 2025. Major orders received include Integrated Drone Detection and Interdiction System (IDDIS), Software Defined Radio (SDR) and Data Communication Unit (DCU) for attack guns, AI-based solutions for ships, simulators, communication equipment, jammers, spares, services etc. In December 2024, Bharat Electronics Limited (BEL) reported a revenue of Rs 5,756.12 million, compared to Rs 4,583.41 million in September 2024, and Rs 20,169.39 million for the fiscal year 2023-2024. The net profit for December 2024 was Rs 1,316.06 million, which increased from Rs 1,091.27 million in September 2024, and amounted to Rs 4,020.00 million for the fiscal year. The earnings per share (EPS) for December 2024 were Rs 1.81, up from Rs 1.49 in September 2024, with a cumulative figure of Rs 5.50 for the fiscal year 2023-2024. The cash EPS for the same period was Rs 1.94, compared to Rs 1.63 in September, and Rs 6.06 for the fiscal year. The operating profit margin (OPM) for December was 32.29%, slightly lower than the 33.93% in September but higher than the fiscal year average of 28.53%. Similarly, the net profit margin (NPM) stood at 22.86% in December, marginally down from 23.81% in September, yet up from the 19.93% recorded for the fiscal year. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. First Published: May 20, 2025, 12:42 IST
Economic Times
19-05-2025
- Business
- Economic Times
BEL shares up 2% to record high after Rs 572 crore defence orders and Q4 results
Bharat Electronics Ltd. (BEL) shares rallied 2% following strong Q4 earnings, with a 30% rise in net profit and a 32% increase in revenue. The company secured new defence orders worth Rs 572 crore, including drone detection systems and communication equipment. Tired of too many ads? Remove Ads Strong Q4 performance Tired of too many ads? Remove Ads Stock gains and sector rally Shares of Bharat Electronics Ltd BEL ) rallied 2% fresh 52-week high of Rs 373.40 on Monday after the company reported strong fourth-quarter earnings and secured additional defence orders worth Rs 572 crore, further bolstering investor sentiment amid a broader rally in defence Electronics has received new orders totalling Rs 572 crore since its last disclosure on April 7, according to an exchange filing on Friday. The major orders include Integrated Drone Detection and Interdiction Systems (IDDIS), Software Defined Radios (SDRs), and data communication units for attack company also secured contracts for artificial intelligence-based naval solutions, simulators, jammers, communication equipment, spares, and related services. These additions come at a time when defence spending is accelerating amid heightened geopolitical tensions. BEL posted a 30% year-on-year rise in net profit to Rs 1,797 crore for the quarter ended March 2024, the company said in an exchange filing on Sunday. Revenue for the period rose 32% to Rs 8,564 crore from Rs 6,479 crore a year company's board has recommended a final dividend of Rs 0.80 per equity order book stood at Rs 76,000 crore as of April 1, reflecting a 25.2% increase from the previous of BEL closed 3.85% higher at Rs 363.9 apiece on the National Stock Exchange on Friday. The stock has gained 15.2% in the past week alone, while rising 30.9% over the last six months and 40.6% over the past has been a key contributor to the recent surge in defence sector stocks. The Nifty India Defence index has rallied over 12% in the last three weeks, with the overall market capitalisation of the sector increasing by Rs 1,17,163 crore. BEL alone has added Rs 29,970 crore to its market cap in that a technical standpoint, BEL shares are trading above all eight key simple moving averages, including the 150-day and 200-day SMAs. The 14-day Relative Strength Index (RSI) is at 80.5, indicating that the stock is currently in overbought territory.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
19-05-2025
- Business
- Time of India
BEL shares up 2% to record high after Rs 572 crore defence orders and Q4 results
Shares of Bharat Electronics Ltd ( BEL ) rallied 2% fresh 52-week high of Rs 373.40 on Monday after the company reported strong fourth-quarter earnings and secured additional defence orders worth Rs 572 crore, further bolstering investor sentiment amid a broader rally in defence stocks. Bharat Electronics has received new orders totalling Rs 572 crore since its last disclosure on April 7, according to an exchange filing on Friday. The major orders include Integrated Drone Detection and Interdiction Systems (IDDIS), Software Defined Radios (SDRs), and data communication units for attack guns. The company also secured contracts for artificial intelligence-based naval solutions, simulators, jammers, communication equipment, spares, and related services. These additions come at a time when defence spending is accelerating amid heightened geopolitical tensions. Strong Q4 performance BEL posted a 30% year-on-year rise in net profit to Rs 1,797 crore for the quarter ended March 2024, the company said in an exchange filing on Sunday. Revenue for the period rose 32% to Rs 8,564 crore from Rs 6,479 crore a year ago. The company's board has recommended a final dividend of Rs 0.80 per equity share. BEL's order book stood at Rs 76,000 crore as of April 1, reflecting a 25.2% increase from the previous fiscal. Stock gains and sector rally Shares of BEL closed 3.85% higher at Rs 363.9 apiece on the National Stock Exchange on Friday. The stock has gained 15.2% in the past week alone, while rising 30.9% over the last six months and 40.6% over the past year. BEL has been a key contributor to the recent surge in defence sector stocks. The Nifty India Defence index has rallied over 12% in the last three weeks, with the overall market capitalisation of the sector increasing by Rs 1,17,163 crore. BEL alone has added Rs 29,970 crore to its market cap in that period. Also read | Nifty likely to advance towards 25,200-25,800: Analysts From a technical standpoint, BEL shares are trading above all eight key simple moving averages, including the 150-day and 200-day SMAs. The 14-day Relative Strength Index (RSI) is at 80.5, indicating that the stock is currently in overbought territory.
