Rs 71,100 Crore Order Book: Defence Company Bags New Orders Worth Rs 1385,00,00,000
The stock gave multibagger returns of 350 per cent in 3 years and a whopping 1,160 per cent in 5 years.
Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth Rs 1,385 crore since the last disclosure on March 12, 2025. Major orders include radar spares, radar upgradation, electronic voting machines, simulators, advanced land navigation system and stabilizer for tanks, fire control system for ship-based decoys, communication equipment, other spares, services etc. With these, BEL has now accumulated orders totalling Rs 18,415 crore in the current financial year.
Navratna Defence PSU Bharat Electronics Limited (BEL), established in 1954, is a prominent Indian government-owned company under the Ministry of Defence. They specialize in manufacturing cutting-edge electronic products and systems for the Indian armed forces, encompassing areas like radars, missile systems, communication technologies, electronic warfare systems, avionics for aircraft, naval systems, and even tank electronics. While their primary focus is defence, BEL also has a limited presence in the civilian market, offering solutions in cybersecurity, e-mobility, railways, e-governance and more.
The company has announced impressive financial results for the third quarter of FY 2024-25. The company achieved a turnover of Rs 5,643.25 crore, a substantial 36.97 per cent increase compared to the Rs 4,120.10 crore recorded during the same period in the previous fiscal year. Profit Before Tax (PBT) reached Rs 1,754.15 crore, reflecting a 49.64 per cent growth over the Rs 1,172.26 crore reported in the corresponding period of the previous year. Profit After Tax (PAT) also saw a significant rise, reaching Rs 1,316.06 crore, a 47.33 per cent jump from the Rs 893.30 crore achieved in the same quarter last year.
DSIJ's DSIJ's ‘Mid Bridge’ service recommends well researched Mid-Cap stocks for smart investing. If this interests you, do download the service details here.
For the cumulative period up to the third quarter of FY 2024-25, BEL's performance remains strong. The company's total turnover reached Rs 14,173.68 crore, compared to Rs 11,484.92 crore in the corresponding period of the previous year. PBT for this period increased to Rs 4,242.37 crore from Rs 2,948.95 crore, while PAT rose to Rs 3,183.47 crore from Rs 2,236.48 crore in the same period last year.
The company has a market cap of over Rs 2 lakh crore and has been maintaining a healthy dividend payout of 44 per cent. The company’s order book stands at Rs 71,100 crore as of January 01, 2025. The company's shares have an ROE of 26 per cent and an ROCE of 35 per cent. The stock gave multibagger returns of 350 per cent in 3 years and a whopping 1,160 per cent in 5 years. The stock, which traded at a mere Rs 0.25 in 1999, has experienced exponential growth, delivering a mind-boggling 1,22,50 per cent return to its investors.
Disclaimer: The article is for informational purposes only and not investment advice.
Related articles
-
Multibagger Electricity Meter Company Bags New Orders Worth Rs 273,12,03,936.96 From Madhyanchal Vidyut Vitran Nigam Ltd
-
Rs 11,353 Crore Order Book: President of India-Backed Engineering Company Bags New Order Worth Rs 245 Crore From State-Owned Organizations
-
Kavach Contracts of Rs 3,618 Crore: Railway Kavach Company Bags 5 Orders Worth Rs 762,56,00,000 In Just 1 Day From Central Railway
-
Rs 7,122 Crore Order Book: Prime Minister Shri Narendra Modi Ji Visits to Solar Defence and Aerospace Limited
-
Rs 816.91 Crore Order Book: Defence Company Secures Rs 152,00,00,000 Order From Ministry of Defence