Rs 71,100 Crore Order Book: Multibagger PSU Defence Stock Bags Rs. 2,210 Crore Order from Ministry of Defence

The stock gave multibagger returns of 189 per cent in 2 years and a whopping 1,066 per cent in 5 years.

Bharat Electronics Limited (BEL) has secured a significant contract valued at Rs. 2,210 crores from the Ministry of Defence for the supply of Electronic Warfare (EW) Suite for Mi 17 V5 Helicopters of the Indian Air Force. These systems, developed indigenously by CASDIC and DRDO and manufactured by BEL, include Radar Warning Receiver, Missile Approach Warning System, and Counter Measure Dispensing System, which enhance the combat survivability of the helicopters. With this order, BEL's total accumulated orders for the current financial year have reached Rs. 2,803 crores. The company continues to strengthen its position as a key player in the defence sector, focusing on indigenous development and manufacturing capabilities.

Bharat Electronics Ltd, established in 1954, is a prominent manufacturer and supplier of electronic equipment primarily for the defence sector. The company operates through three main business segments: Defence, Non-Defence, and Exports. In FY24, the Defence segment contributed 81 per cent to the revenue, with a 19 per cent growth driven by effective order execution. The Non-Defence segment, although smaller, showed remarkable growth of 157 per cent between FY22 and FY24, focusing on innovative solutions for civilian markets. Exports, though a minor part, grew by 236 per cent in the same period. BEL's order book as of July 2024 stands at Rs 76,705 crore, with a significant portion from defence. The company is investing heavily in R&D, with 77 per cent of its turnover from indigenous products. BEL is also expanding its manufacturing capabilities and exploring new business models to capture diverse market segments. The company aims for substantial revenue growth and increased contributions from non-defence sectors in FY25.

As of April 8, 2025, Bharat Electronics Limited's stock is priced at Rs 272. The 52-week high is Rs 334.55, and the 52-week low is Rs 211.25. The stock is a recognised multibagger. Bharat Electronics Limited has a market capitalisation of Rs 213,555 crore. The current order book stands at Rs 71,100 crores as of January 1, 2025. The shares of the company have an ROE of 41.4 per cent and an ROCE of 26.3 per cent. The stock gave multibagger returns of 189 per cent in 2 years and a whopping 1,066 per cent in 5 years. Investors should keep an eye on this 'Large-Cap' stock.

Disclaimer: The article is for informational purposes only and not investment advice.