Bharat Electronics secures additional defence orders worth ₹1,092 crore

Navratna defence PSU Bharat Electronics Limited (BEL) on Monday (September 29) announced that it has secured additional orders worth ₹1,092 crore since its last disclosure on September 16, 2025.

The latest contracts cover a wide range of defence requirements, including Electronic Warfare (EW) system upgrades, defence network upgrades, tank sub-systems, TR modules, communication equipment, electronic voting machines (EVMs), as well as spares and services.

First quarter results

The PSU’s revenue for the quarter increased by 5.2% from last year to ₹4,417 crore, missing the CNBC-TV18 poll’s estimate of ₹4,812 crore. However, earnings before interest, tax, depreciation and amortisation increased by 32.2% from the same quarter last year to ₹1,240.4 crore, which was higher than the CNBC-TV1 poll estimate of ₹1,178 crore.

Also Read: BEL secures additional orders worth ₹712 cr across defence and tech

The EBITDA margin expanded by nearly 600 percentage points to 28.1% from 22.3% last year, beating the expected 24.5%. On a year-on-year basis, BEL's revenue growth was led by healthy execution and a favourable product mix.

As of April 1, BEL's order book position stood at ₹71,650 crore. Since the start of the new financial year, BEL has disclosed order inflows worth ₹7,348 crore, which is 27% of its order inflow guidance for the full year, which stands at ₹27,000 crore, which excludes a quick-reaction surface-to-air missiles order worth ₹30,000 crore.

Shares of Bharat Electronics Ltd ended at ₹400.05, up by ₹4.15, or 1.05%, on the BSE.

Also Read: BEL secures additional orders worth ₹528 crore for radars, EVMs and defence equipment