BEL secures order worth ₹593 crore from Indian Air Force for service of Akash Missile System

With this, BEL has commenced the current financial year 2025-26 with a ₹593.22 crore order acquisition.

Further, the company has concluded negotiations with customers for acquisition of orders worth ₹5,000 crore, BEL said in a statement to the stock exchanges.

Shares of BEL on Wednesday closed 3.27% lower at ₹282.45 apiece on the National Stock Exchange. It was the biggest laggard on the 50-share index.

Shares of BEL have tumbled over 5.64% in the last five trading sessions. However, since March 3, the scrip has gained 9.74%.

Since April 2, 2024, BEL shares have soared 27.81%.

Its market capitalisation at the end of Wednesday’s session stood at ₹2.07 lakh crore.

According to NSE data, the company had touched its 52-week low of ₹203.74 apiece on April 1, 2024. The share had hit a one-year high on July 10, 2024, of ₹340.50 apiece.

The company has achieved a turnover of ₹23,000 crore in the financial year 2024-25.

According to reports, the turnover was lower than the company’s FY25 order inflow guidance. The growth is, however, 16% higher than the previous year when the defence PSU’s turnover was registered at ₹19,820 crore in FY24.

This includes export sales of around $106 million during FY25, as compared to the previous year's export turnover of $92.98 million, registering a growth of 14%.

BEL on Tuesday said that in the fiscal year 2024-25 it has secured orders worth ₹18,715 crore.

“Some of the major orders received during the year are BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data Link, Multi-Function Radars, AEON 51, Seekers, Anti-Drone System, Airport Surveillance Radar, Sonar Upgradation, Flycatcher Spares, Radar Upgradation, Spares and Services, etc., and other projects in the non-defence sector,” the company had said in a statement to the stock exchanges.

With this, the total order book of BEL as of April 1, 2025, stands at around ₹71,650 crore, including an export order book of $359 million.