BEL shares in focus after securing new orders worth Rs 1,385 crore

Bharat Electronics Limited (BEL) shares will be in focus on Friday after the company secured additional orders worth Rs 1,385 crore since its last disclosure on March 12, 2025.

The new orders cover radar spares, radar upgradation, electronic voting machines, simulators, advanced land navigation systems, stabilisers for tanks, fire control systems for ship-based decoys, and communication equipment, among others.

With this latest addition, BEL's total order inflow for the current financial year has reached Rs 18,415 crore.


In March, BEL secured a Rs 2,463 crore contract (excluding taxes) from the Ministry of Defence for the supply and services of Ashwini Radars to the Indian Air Force.

These fully indigenous Active Electronically Scanned Array (AESA) radars have been jointly developed by the Defence Research and Development Organisation (DRDO) and BEL. They feature an integrated Identification Friend or Foe (IFF) system with electronic scanning in azimuth and elevation, enabling 4D surveillance.

Designed for mobility, the radars come with advanced Electronic Counter-Countermeasures (ECCM) capabilities and can operate across varied terrains. They automatically detect and track aerial targets, including fighter jets and slow-moving objects.

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BEL Q3 earnings

State-owned Bharat Electronics Ltd (BEL) reported a 47.3% growth in its profit after tax (PAT) for the third quarter ended December 2024 to Rs 1,316.06 crore compared to Rs 893.30 crore posted in the same quarter last year.

The company's consolidated revenue from operations in the December quarter stood at Rs 5,770.69 crore, a 38.6% increase compared to Rs 4,162.16 crore reported in the corresponding quarter of the previous financial year.

For the nine-month period ending December 2024, BEL achieved a turnover of Rs 14,173.68 crore, surpassing the Rs 11,484.92 crore recorded in the same period last year.

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BEL shares target price

As per Trendlyne data, the average target price of the stock is Rs 336, which shows an upside of 12% from the current market prices. The consensus recommendation from 24 analysts for the stock is a 'Buy'.

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