Latest news with #QRSAM
India.com
3 days ago
- Business
- India.com
Operation Sindoor: Modi government upgrades India's defense capabilities, Pumps in Rs 3000000000000 to procure..., Army gets Rs 360000000000 for…
Rs 360000000000 deal: 'Baby S-400' ready to create havoc, weakness of Operation Sindoor will be…, Pakistan in tension because… New Delhi: The Modi government is working relentlessly to upgrade India's defense capabilities. According to the reports, the Central government has pumped in Rs 3 lakh crore into military modernisation and is on a mission to acquire or indigenously develop fighter jets, submarines and advanced missile systems. One by one, big-ticket purchases are being cleared, and the pace is relentless. To recall, earlier this month, the Ministry of Defence approved military procurements worth over Rs 1 lakh crore. Among them, Rs 44,000 crore has been set aside for 12 Mine Counter Measure Vessels and Rs 36,000 crore has been sanctioned for six regiments of the Quick Reaction Surface-to-Air Missile system, better known as QRSAM. It is important to note that these six QRSAM regimenhe QRSAM isn't just any system. It's being called the 'Baby S-400″, a nod to its smaller size but strategic will be split evenly between the Indian Air Force and the Army. However, reports suggest that there is only a fraction of what the armed forces actually asked for. The Army had requested 11 regiments but received only three. The Air Force's separate request also went unfulfilled. Had both services been granted their full requirement of 11 regiments each, the total cost would have escalated to ₹1.12 lakh crore. However, the government chose to scale back. The QRSAM isn't just any system. It's being called the 'Baby S-400″, a nod to its smaller size but strategic importance. Baby S-400: The S-400 is developed by the DRDO The S-400 is the air defence system that can neutralise enemy aircraft, drones, and missiles within a 30 km radius. While that range may seem modest compared to the 400 km reach of the Russian-origin S-400 and the 100–200 km envelope of the Akash system, QRSAM's quick reaction time and battlefield mobility give it a distinct tactical edge. India currently operates three S-400 regiments, with two more slated for delivery next year. Operation Sindoor demonstrated the level of aerial defence coordination made possible by these systems, with Indian forces deploying both S-400 and Akash platforms to counter potential threats. However, a gap remained—particularly in effectively responding to drone swarms and low-flying objects in real time.
News18
3 days ago
- Business
- News18
Not Rafale Or F-35, Indian Army Wanted This Air Defence System For Rs 1.12 Lakh Crore
Last Updated: India is investing Rs 1.12 lakh crore in the QRSAM system, known as the "Baby S-400," developed by DRDO to counter drones and low-flying threats, enhancing air defence. The push to turn India into an air-tight fortress is gaining momentum. After the high-stakes Operation Sindoor, the Centre has accelerated military modernisation with a mega project valued at over Rs 3 lakh crore. Among the headline approvals is a Rs 1.12 lakh crore push to bolster India's air defence capabilities with the indigenous Quick Reaction Surface-to-Air Missile (QRSAM) system. Here's what's changing on the ground. The Ministry of Defence has just greenlit military procurement proposals exceeding Rs 1 lakh crore. These include 12 Mine Counter Measure Vessels (MCMVs) worth Rs 44,000 crore, but the big-ticket item is the Rs 36,000 crore allocated for six regiments of QRSAMs. Out of these, three regiments will be delivered to the Army and Air Force. The QRSAM isn't just any system. It's being called the 'Baby S-400", a nod to its smaller size but strategic importance. Developed by the DRDO, this air defence system can neutralise enemy aircraft, drones, and missiles within a 30 km radius. While that range may seem modest compared to the 400 km reach of the Russian-origin S-400 and the 100–200 km envelope of the Akash system, QRSAM's quick reaction time and battlefield mobility give it a distinct tactical edge. That's where QRSAM steps in. During Operation Sindoor, Pakistan, rattled by India's precision strikes, launched a barrage of drones, reportedly with Chinese and Turkish support. Hundreds were detected. India's Akash systems held the line. Still, experts say the absence of a mobile, quick-launch system like QRSAM was felt sharply. Now, with six regiments approved, the game is shifting. But it's not enough. According to defence officials, the Indian Army had originally asked for 11 QRSAM regiments. The Air Force reportedly had a similar requirement. Meeting both demands would require 22 regiments in total, pegged at a cost of roughly Rs 1.12 lakh crore. That's how the number came into play. Each QRSAM regiment costs about Rs 6,000 crore. While six have been cleared, that leaves a shortfall, one that defence planners say could prove critical if not addressed. Why does it matter? Because India's adversaries, especially China and Pakistan, are investing heavily in stealth drones, cruise missiles, and electronic warfare capabilities. The battlefield is shifting toward high-speed, low-visibility threats. QRSAM fills the gap between long-range missile shields like S-400 and medium-range options like Akash. If fully deployed, QRSAM would add another layer to India's multi-tier air defence strategy, creating a net that could detect and destroy nearly anything from UAVs to 5th-generation fighter jets. This isn't just about defence. It's about deterrence. With three regiments apiece going to the Army and Air Force, the system is finally getting into deployment phase. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Mint
4 days ago
- Business
- Mint
Q1 Results Today LIVE Updates: Defence firm BEL's net profit seen up 23%, revenue growth at 15% YoY on strong orderbook
Q1 Results Today LIVE Updates: Bharat Electronics Ltd (BEL), the state-run defence equipment manufacturer, is set to announce its Q1 results today. The board of directors of BEL is scheduled to meet today, 28 July 2025, to consider and approve the financial results for the first quarter of FY26. BEL Q1 Results Preview BEL is expected to report steady Q1 results today, led by a strong order book and continued focus of the government on manufacturing defence equipment domestically under the Make-in-India initiative. BEL net profit in Q1FY26 is estimated to grow 23% year-on-year (YoY), while the PSU defence company's revenue growth is expected to be 15% YoY, led by healthy execution of the outstanding order book of ₹ 7,170 crore, according to Nomura estimates. It expects order inflows of ₹ 7,350 crore, thereby growing by 48% YoY on the low base of Q1FY25. Further, EBITDA is expected to grow 27% YoY primarily led by a 155 bps expansion in gross margin due to softer raw material prices. Going ahead, analysts expect key things to watch out for in BEL Q1 results today include, order inflow prospects, update on QRSAM contracts and emergency procurement. BEL share price traded lower ahead of Q1 results today. Stay tuned to our Q1 Results Live Blog for the latest updates on BEL Q1 results. Follow updates here: 28 Jul 2025, 11:43 AM IST BEL Q1 Results Today LIVE: BEL share price traded over a percent lower on Monday ahead of the Q1 results today. BEL share price opened marginally higher at ₹ 395.75 apiece as against its previous close of ₹ 395.20 apiece on the BSE. The defence stock declined as much as 1.54% to ₹ 389.10 apiece on the BSE. 28 Jul 2025, 11:36 AM IST BEL Q1 Results Today LIVE: BEL is expected to report steady Q1 results today, led by a strong order book and continued focus of the government on manufacturing defence equipment domestically under the Make-in-India initiative. 28 Jul 2025, 11:32 AM IST BEL Q1 Results Today LIVE: Bharat Electronics Ltd (BEL), the state-run defence equipment manufacturer, is set to announce its Q1 results today. The board of directors of BEL is scheduled to meet today, 28 July 2025, to consider and approve the financial results for the first quarter of FY26.
India.com
4 days ago
- Business
- India.com
No Rafale or F-35! Army Demands Rs 1.12 Lakh Cr Defence System, Gets Only Rs 36,000 Cr
New Delhi: After Operation Sindoor, India's defense upgrades are speeding ahead like a bullet train. With over Rs 3 lakh crore being pumped into military modernisation, the government is on a mission to acquire or indigenously develop fighter jets, submarines and advanced missile systems. One by one, big-ticket purchases are being cleared, and the pace is relentless. Earlier this month, the Ministry of Defence approved military procurements worth over Rs 1 lakh crore in one go. Among them, Rs 44,000 crore has been set aside for 12 Mine Counter Measure Vessels and Rs 36,000 crore has been sanctioned for six regiments of the Quick Reaction Surface-to-Air Missile system, better known as QRSAM. These six QRSAM regiments will be split evenly between the Indian Air Force and the Army. But here is the twist. This is only a fraction of what the armed forces actually asked for. The Army had demanded 11 regiments. What they got was only three. The Air Force's separate demand? Also unmet. If both services were to receive the full complement, 11 regiments each, the total cost would have soared to Rs 1.12 lakh crore. But the government stopped short. Enter the 'Baby S-400' Apart from being a missile defense system, QRSAM is being nicknamed the 'Baby S-400'. India already has three operational regiments of Russia's S-400 system and expects two more by next year. But defense planners know that S-400s and indigenous Akash systems alone cannot transform the country into a secure fortress. The threat matrix has changed. China is watching, and so is Pakistan. And they are not standing still. Operation Sindoor proved India's air defense muscle. But it also exposed gaps, ones that Pakistan tried to exploit through waves of drone incursions, many supplied by Turkey and China. Hundreds were launched. All were neutralised. But the lesson stuck – air defense needs to be multi-layered, relentless and everywhere. That is where the QRSAM fits in. Designed by the Defence Research and Development Organisation (DRDO), it is built to intercept fighters, drones and helicopters within a 30 km radius. Not as long-range as the S-400's 400 km or Akash's 100-200 km reach, but perfect for quick and short-range airspace protection in dense threat environments. More importantly, it's Indian-made, fast, precise and combat-ready. Not Enough for a Fortress At Rs 6,000 crore per regiment, scaling up to the Army's full demand alone would cost Rs 66,000 crore. Add the Air Force's likely mirror request and you are staring at a Rs 1.12 lakh crore bill. Expensive? Yes. But what is the price of making the skies over India completely off-limits to 5th-gen fighter jets, drones, cruise missiles or worse? With full deployment, India's air defense would shift from deterrence to denial. Nothing would be able to breach the perimeter. During Operation Sindoor, India's air defenses held. But in military planning, holding is never enough. The military is not asking for luxury, it is asking for survivability. Against future drone swarms, supersonic fighters or long-range missile salvos, six regiments are just a start. If the government greenlights the remaining 16 regiments, the Army and the Air Force both, it would send a message that India is preparing. And once QRSAM rings the nation's skies, even the birds will need clearance to fly.
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Business Standard
18-07-2025
- Business
- Business Standard
Bharat Dynamics stock down 20% from all-time high; what brokerages say
Bharat Dynamics share price Shares of Bharat Dynamics (BDL) continued to remain under pressure, falling 3 per cent to ₹1,687 on the BSE in Friday's intra-day trade. The stock price of the state-owned defence company was quoting lower for the seventh straight trading day, declining 15 per cent during the period. It has corrected 20 per cent from its all-time high of ₹2,096 touched on May 30, 2025. However, despite a price correction from its record high, thus far in the calendar year 2025, BDL has outperformed the market by surging 50 per cent. In comparison, the BSE Sensex was up 4 per cent during the period. BDL had hit a 52-week low of ₹897.15 on November 18, 2024. CATCH STOCK MARKET LATEST UPDATEST LIVE Brokerages view on Bharat Dynamic In July 2025, Motilal Oswal Financial Services (MOFSL) initiated coverage on BDL with a 'Neutral' rating. The brokerage firm said it likes the business model of BDL and its ability to scale up its revenues and order book in current scenario, however, with fair valuations, analysts said they would look for lower price points to enter the stock. Currently, BDL is trading below MOFSL target price of ₹1,900 per share. Bharat Dynamics is a prominent player in missile technology within the defence sector and has established itself as a leading integrator for various missile platforms. With a focus on developing advanced guided missiles, underwater weapons, and airborne products, BDL currently holds an order book of ~₹22,700 crore and a prospect pipeline of ₹50,000 crore. In recent years, BDL's revenue has been adversely impacted by supply chain disruptions and difficulties in procuring essential components through imports from Russia and Israel. However, these issues are beginning to resolve, and analysts anticipate a rebound in revenue growth. Along with this, MOFSL also expects the company to benefit from upcoming emergency procurement pipeline as well as large orders such as quick reaction surface-to-air missiles (QRSAM). Meanwhile, analysts at Elara Capital downgraded BDL to Sell with a target price of ₹1,480 on 400-600bp lower-than-estimated margin as the current price already factors in all the positives and it has outperformed the Nifty in the recent past. The brokerage firm lowered its FY26E EPS by 17 per cent and FY27E EPS by 8 per cent on Akash missile execution from FY26 vs assumption in FY25, lower-than-expected margin in FY25 with likely less scope for further improvement. Analysts expect an earnings compounded annual growth rate (CAGR) of 46 per cent during FY25-28E with an average ROE of 24 per cent during FY26-28E. 'We are yet to factor in exports inflows as there is uncertainty on the order finalization timeframe, and this would be a catalyst to monitor,' the brokerage firm said. 'BDL's earnings before interest, taxes, depreciation, and amortization (EBITDA) margins are likely to be in the range of 16-18 per cent during FY26-27E as missile systems are largely indigenized. Revenue CAGR may grow by 30 per cent plus during FY25-27E (our est. CAGR of 39 per cent), driven by strong execution of ₹22,100 crore order book as on March 2025. The recent conflict highlighted product quality and combat mettle of BDL's product portfolio and would open various export opportunities,' Elara Capital said in the company update. Meanwhile, BDL in its FY24 annual report said that slowdown in the economic activities and lower defence budget by Government of India (GoI) could adversely impact the company's business. Higher dependency on single customer i.e. Ministry of Defence (MoD), cancellation of orders can weaken the order book and future revenue and opening up of the Defence sector are some threats for the company.
