Bharat Electronics wins ₹633 crore order from Cochin Shipyard

Navratna defence PSU Bharat Electronics Ltd (BEL) is set to be in the spotlight in Thursday’s trading following a major order from Cochin Shipyard valued at ₹633 crore.

The contract covers the supply of

items essential for various sensors, weapon systems, fire control mechanisms, and communication equipment, reinforcing BEL’s position as a leading provider of defence technology solutions.

This latest win follows a string of significant orders, including ₹592 crore secured just last week and previouscontracts worth ₹712 crore in mid-September.

Together, these contracts span a wide array of offerings such as tank subsystems, ship data networks, combat management systems, train collision avoidance systems (Kavach), laser dazzlers, jammers, spares, upgrades, IT infrastructure, cybersecurity solutions, and blockchain platforms.

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BEL’s strong order book comes alongside robust financial performance. In Q1 FY26, the company reported a 5.2% year-on-year revenue growth to ₹4,417 crore, slightly below expectations, while EBITDA surged 32.2% to ₹1,240.4 crore, lifting the margin to 28.1% from 22.3% a year ago, reflecting efficient execution and a favourable product mix.

On October 21, during the muhurat trading session, BEL shares closed at ₹417.60, up 1.14% on BSE, highlighting investor confidence amid its continuing defence contract wins.