Bharat Electronics bags fresh orders worth ₹1,011 crore; ₹770 crore Army radar deal adds to the spotlight

Shares of Bharat Electronics (BEL) are expected to be in the spotlight on Thursday, October 22, as the defence major has secured additional orders worth ₹1,011 crore since the last disclosure on October 13, 2026.

The Navratna Defence Public Sector Undertaking (PSU) said that the major orders received include improved low-level light weight radar, communication equipment, sonar, jammer, upgrade, spares, services, etc.

The light-weight radars will bolster the Army’s capability to detect and track aerial threats, including mini and micro drones.

The contract for the Improved Low Level Light Weight Radar (LLLR-I) was signed in New Delhi in the presence of Defence Secretary Rajesh Kumar Singh, the ministry said.

The radar system can detect and track fighter-sized targets as well as mini and micro drones.

It also has the capability to prioritise aerial targets, enabling the Army to counter threats posed by unmanned aerial systems (UAS), it said.

The procurement is a step towards indigenisation of air defence platforms and is expected to give a boost to India's defence manufacturing ecosystem, including micro, small and medium enterprises (MSMEs).

Recent updates

Earlier this month, BEL bagged an additional order worth ₹533 crore. The major order received includes communication equipment, avionics, cybersecurity solutions, drones, jammers, software solutions, upgrades, spares, services and more, BEL said in a regulatory filing.

The order is an additional one since BEL’s last disclosure was on September 17, 2026.

On September 17, the company secured an additional order worth ₹648 crore for orders including laser-based IR jammer, communication equipment, cybersecurity solution, thermal imager, transducer, AI-based software solution, TR modules, upgrades, spares, services, etc.

On August 26, Bharat Electronics secured an additional order for ₹730 crore that included communication equipment, radar, avionics, tank subsystem, electro optics, cyber security, perimeter security, medical electronics, EVM, jammers, batteries, spares, services and more.

On August 10, the company had bagged an additional order worth ₹541 crore which included communication equipment, electro optics, ammunition fuzes, Chemical Biological Radiological and Nuclear (CBRN) systems, spares, services, etc.

BEL Q1 FY27 earnings

The defence firm witnessed a healthy growth in consolidated profits with major support from the overall increase in revenues for the period.

NSE filing showed that BEL posted a 9% increase in its consolidated net profit to ₹1,054.34 crore in the first quarter of the financial year 2026-27, compared year-on-year (YoY) with ₹969.91 crore in the same period a year earlier.

The details further showed that BEL’s order book position as of July 1, 2026, was at ₹72,258 crore, according to the exchange filing.

As per the consolidated financial statements, BEL’s cost of materials surged 55% year-on-year (YoY) to ₹3,041.23 crore in the April-to-June quarter of the financial year 2026-27, from ₹1,960.84 crore in the same period a year earlier.

The company has scheduled a board meeting on October 30, 2026, to consider and approve its financial results for the July-September quarter of FY27 (Q2 FY27).