Bharat Electronics shares rise nearly 1.5%, as company bags additional orders worth ₹537 crore

Shares of Bharat Electronics Limited (BEL) edged up in late noon trading on Tuesday after the company announced that it received an additional order worth ₹537 crore from the Ministry of Defence. The stock rose 1.28% on the NSE to close at ₹390.95 apiece, reflecting renewed investor confidence following another substantial contract win.

“Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth ₹537 crore since the last disclosure on 16 May 2025. Major orders received include communication equipment, advanced composite communication system for ship,jammers, software, simulator upgrades, spares, test rigs, services etc.”, the company said in an exchange filing.

This fresh contract comes close on the heels of another major order earlier in May, when BEL secured ₹572 crore worth of defence contracts on May 16, 2025.

BEL, in a statement, revealed that the major orders received include the Integrated Drone Detection and Interdiction System (IDDIS), Software Defined Radio (SDR), Data Communication Unit (DCU) for attack guns, AI-based solutions for ships, simulators, communication equipment, jammers, spares, services, and more.

Bharat Electronics reported a net profit of ₹2,127 crore for the fourth quarter of the financial year 2024-25 (Q4 FY25), marking an increase of 18% from ₹1,797 crore logged during the same period last year. Its revenue from operations rose 7% to ₹9,150 crore as against ₹8,564 crore seen in the year-ago period.

The company’s Profit after tax (PAT) during FY 2024-25 stood at ₹5,288.25 crore, with a growth of 31.55% over the PAT of ₹4,020 crore recorded during the previous year.

The Navratna Defence PSU achieved a turnover of ₹23,024.10 crore, registering a growth of 16.17% during FY2024-25 over the turnover of ₹19,819.93 crore recorded during the previous year.

During Q4, BEL achieved a turnover of ₹8,850.42 crore as against ₹8,335.01 crore recorded in the corresponding period of the previous year. The company’s board has also recommended a dividend of 90 paise per share.