Latest news with #IntegratedDroneDetectionandInterdictionSystem
India Gazette
17 hours ago
- Business
- India Gazette
BEL secures fresh orders worth Rs 585 crore since June 5
New Delhi [India], June 20 (ANI): Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL) has secured additional orders worth Rs 585 Crore since the last disclosure on 5th June 2025, according to NSE filing by Bharat 'major orders received include fire control and sighting system for missiles, communication equipment, jammers, spares, services etc,' according to the Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. Additionally, BEL is a Navratna PSU under the Ministry of Defence, Government of is a multi-product, multi-technology, multi-unit conglomerate with wide expertise in the design, development, engineering, and manufacture of Radars, Weapon Systems, C4I systems, Military Communication systems, Electronic Warfare and Avionics, naval systems, Electro-Optics and laser-based products, Tank Electronics and Gun Upgrades, satcom systems, Strategic Components, and civilian has been continuously striving to expand its offerings in the Non-Defence domain, some of its recent notable business initiatives being in the areas of Homeland Security, Cyber Security, Software, Rail and Metro solutions, Civil Aviation, Space Electronics, Medical Electronics, Jammers, Anti-drone systems, Unmanned Systems, etc. Recently, Tata Electronics and state-owned firm Bharat Electronics (BEL) have joined hands to advance the development of indigenous electronics and semiconductor solutions in line with the Centre's vision for MoU signed between these two is a significant step forward in jointly exploring end-to-end solutions to meet domestic Bharat Electronics Limited (BEL) and the Indian Army Air Defence also signed a contract for the Integrated Drone Detection and Interdiction System (IDDIS). The system, developed jointly by the Defence Research and Development Organisation (DRDO) and BEL, marks a significant milestone under the Government of India's Make in India initiative. The IDDIS is designed to detect, track, and neutralise hostile drones, providing a crucial layer of protection against evolving aerial threats. (ANI)
Time of India
19 hours ago
- Business
- Time of India
BEL secures fresh orders worth Rs 585 crore since June 5
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Navratna Defence Public Sector Undertaking, Bharat Electronics Limited BEL ) has secured additional orders worth Rs 585 Crore since the last disclosure on 5th June 2025, according to NSE filing by Bharat "major orders received include fire control and sighting system for missiles, communication equipment, jammers, spares, services etc," according to the Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. Additionally, BEL is a Navratna PSU under the Ministry of Defence, Government of is a multi-product, multi-technology, multi-unit conglomerate with wide expertise in the design, development, engineering, and manufacture of Radars, Weapon Systems, C4I systems, Military Communication systems, Electronic Warfare and Avionics, naval systems, Electro-Optics and laser-based products, Tank Electronics and Gun Upgrades, satcom systems, Strategic Components, and civilian has been continuously striving to expand its offerings in the Non-Defence domain, some of its recent notable business initiatives being in the areas of Homeland Security, Cyber Security, Software, Rail and Metro solutions, Civil Aviation, Space Electronics, Medical Electronics, Jammers, Anti-drone systems, Unmanned Systems, Tata Electronics and state-owned firm Bharat Electronics (BEL) have joined hands to advance the development of indigenous electronics and semiconductor solutions in line with the Centre's vision for MoU signed between these two is a significant step forward in jointly exploring end-to-end solutions to meet domestic Bharat Electronics Limited (BEL) and the Indian Army Air Defence also signed a contract for the Integrated Drone Detection and Interdiction System (IDDIS).The system, developed jointly by the Defence Research and Development Organisation (DRDO) and BEL, marks a significant milestone under the Government of India's Make in India IDDIS is designed to detect, track, and neutralise hostile drones, providing a crucial layer of protection against evolving aerial threats.
Time of India
20 hours ago
- Business
- Time of India
BEL order wins: Navratna PSU secures Rs 585 crore in fresh defence contracts; new deals include missile sighting systems and communication gear
Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured fresh orders worth Rs 585 crore since its last disclosure on June 5, the company said in a stock exchange filing. Major components of the new orders include fire control and sighting systems for missiles, communication equipment, jammers, spares, and services, according to the disclosure filed with the NSE on Friday, as reported ANI. BEL, which functions under the Ministry of Defence, is a multi-unit defence electronics major engaged in the design, development and manufacture of radars, weapon systems, C4I systems, military communication systems, electronic warfare and avionics, among other categories. The company has also been diversifying into non-defence areas such as cyber security, homeland security, rail and metro solutions, and unmanned systems. In a recent move to boost domestic capabilities, BEL signed a memorandum of understanding with Tata Electronics to jointly explore electronics and semiconductor solutions aligned with the Centre's vision of self-reliance. Additionally, BEL and the Indian Army Air Defence have signed a contract for the Integrated Drone Detection and Interdiction System (IDDIS), developed in collaboration with DRDO. The system is aimed at tracking and neutralising hostile drones and is part of the government's Make in India push. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
&w=3840&q=100)
Business Standard
21-05-2025
- Business
- Business Standard
PSU defence stock hits new high on heavy volumes; zooms 24% in 2 weeks
Bharat Electronics share price today Share price of Bharat Electronics (BEL) hit a new peak of ₹379.90 today, gaining 4 per cent on the BSE in Wednesday's intraday trade amid heavy volumes, as strong order book position provided healthy revenue visibility going forward. In the past two weeks, the stock price of the 'Navratna' defence public sector undertaking (PSU) company has rallied 24 per cent. Moreover, BEL share price has bounced back 51 per cent from its previous month low of ₹252.25, touched on April 7, 2025. At 10:43 AM, BEL shares were trading 3.9 per cent higher at ₹378 as compared to 0.95 per cent rise in the BSE Sensex index. Around 37.66 million equity shares have, together, changed hands on the NSE and BSE. Catch Stock Market LIVE Updates Today BEL Q4 results BEL reported a 15 per cent year-on-year (Y-o-Y) rise in net profit at ₹2,127 crore for the fourth quarter of financial year 2024–25 (Q4FY25). The company had posted a profit of ₹1,796.67 crore in the corresponding quarter of the previous financial year. The company reported a 6 per cent Y-o-Y increase in revenue from operations, which stood at ₹9,149.59 crore in Q4FY25, compared to ₹8,564.08 crore in Q4FY24. BEL order book As on April 1, 2025, the total order book of BEL stood at around ₹71,650 crore, including export order book of $359 million. On May 16, 2025, BEL announced that it has secured additional orders worth ₹572 crore. The major orders received by BEL include Integrated Drone Detection and Interdiction System (IDDIS), Software Defined Radio (SDR) and Data Communication Unit (DCU) for attack guns, AI based solutions for ships, simulators, communication equipment, jammers, spares, services etc. Earlier, on April 7, 2025, BEL announced that it has signed a deal with the Defence Ministry, worth ₹2,210 crore, for the supply of Electronic Warfare (EW) Suite for Mi 17 V5 Helicopters of Indian Air Force (IAF). In FY25, BEL secured orders worth ₹18,715 crore. Some of the major orders received during FY25 were BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data link, Multi-Function Radars, EON 51, Seekers, Anti drone system, Airport Surveillance Radar, Sonar Upgradation, Flycatcher spares, Radar upgradation, Spares and Services etc and other projects in Non-defence sector. Order inflows for FY26 is estimated around ₹27,000 crore, excluding Quick Reaction Surface-to-Air Missile (QRSAM) order (worth ₹30,000 crore). QRSAM order is expected to be booked in Q4FY26. However, there might be some delay and may slip to Q1FY27, BEL said. The Management has guided for revenue growth of 15 per cent for FY26. It is also confident to maintain earnings before interest, taxes, depreciation and amortisation (Ebitda) margins at 27 per cent level, driven by increasing indigenise components in its subsystems and operating leverage. The Government's growing capital budget allocation and continued focus on increasing India's defence product manufacturing capability are expected to support the order inflow for BEL in the medium to long term. Additionally, the Government of India's increased focus on increasing indigenous procurement under 'Atmanirbhar Bharat' provides a unique opportunity for BEL to build its future revenue streams through development of domestic capabilities, according to analysts. ALSO READ | Brokerage View: JM Financial Institutional Securities on BEL The brokerage remains positive on BEL given the strong order backlog (₹71,600 crore), which provides revenue visibility. Besides, sustained steady margin profile, healthy order prospects, increasing business opportunity from Indian Navy (indigenization and increasing fleet), continuous focus on diversification (including anti-drone system) & exports markets and indigenisation push by the government of India augur well for the defence stock. Strengthening vendor/supplier base along with internal process improvement will help company to execute projects faster. Capex planned to be ₹1,000 crore/year for next couple of years towards capacity expansion. BEL continues to explore new growth opportunities through diversification, capability enhancement, competitiveness, modernization and export initiatives. Factoring in strong EBITDA margin guidance, analysts at the brokerage have revised their EPS estimates upwards by 3.6 per cent/4.3 per cent for FY26/27E. The brokerage firm expects revenue and profit after tax (PAT) to see a compounded annual growth rate (CAGR) of 16 per cent/12 per cent over FY25-27E. Analysts maintain a 'Buy' rating on BEL stock with a revised target price of ₹405 (₹360 earlier), valuing it at 45x FY27E (42x FY27E EPS earlier), on the back of a strong defence outlook and order pipeline. ALSO READ | About BEL BEL, a Navratna DPSU, was established in 1954 under the Ministry of Defence, the GOI, to cater to the electronic equipment requirements of the defence sector. The GOI remains BEL's largest shareholder with the current shareholding of 51.14 per cent. BEL is the dominant supplier of radar, communication and electronic warfare equipment to the Indian armed forces. The company has nine manufacturing units across India and two research units. The Bangalore and the Ghaziabad units are BEL's two major units, with the former contributing to the largest share of the company's total revenues and profits.
News18
20-05-2025
- Business
- News18
BEL Dividend Announcement 2025: Defence PSU Declares 90% Final Dividend In Q4
Last Updated: BEL Final Dividend 2025: BEL reported that its PAT for the quarter ended March 31, 2025 stood at Rs 2,104.78 crore, up 18 per cent year-on-year. Bharat Electronics (BEL) Final Dividend 2025: Bharat Electronics Limited (BEL) has recommended a final dividend of Rs 0.90 per equity share (at the rate of 90 per cent) on the face value of Rs 1 each for the financial year 2024-25. PSU said the proposed dividend is subject to the approval of the shareholders in the next Annual General Meeting of the Company. On Tuesday, BEL shares rose 1 per cent intraday to Rs 369.80 apiece. The scrip opened at Rs 369.05 apiece. BEL is part of BSE 100 with a market cap of Rs 2.67 lakh crore. BEL board will announce the record date and payment date for the aforesaid dividend in due time. BEL Q4 Results BEL reported that its PAT for the quarter ended March 31, 2025 stood at Rs 2,104.78 crore, up 18 per cent year-on-year from Rs 1,783.52 crore in the corresponding quarter of the previous fiscal year. Its consolidated revenue for FY25 stood at Rs 24,511.11 crore, up 17 per cent YoY from Rs 20,938 crore in FY2023-24. BEL Gets Rs 572 Cr Order Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs. 572 Crores since the last disclosure on 07th April 2025. Major orders received include Integrated Drone Detection and Interdiction System (IDDIS), Software Defined Radio (SDR) and Data Communication Unit (DCU) for attack guns, AI-based solutions for ships, simulators, communication equipment, jammers, spares, services etc. In December 2024, Bharat Electronics Limited (BEL) reported a revenue of Rs 5,756.12 million, compared to Rs 4,583.41 million in September 2024, and Rs 20,169.39 million for the fiscal year 2023-2024. The net profit for December 2024 was Rs 1,316.06 million, which increased from Rs 1,091.27 million in September 2024, and amounted to Rs 4,020.00 million for the fiscal year. The earnings per share (EPS) for December 2024 were Rs 1.81, up from Rs 1.49 in September 2024, with a cumulative figure of Rs 5.50 for the fiscal year 2023-2024. The cash EPS for the same period was Rs 1.94, compared to Rs 1.63 in September, and Rs 6.06 for the fiscal year. The operating profit margin (OPM) for December was 32.29%, slightly lower than the 33.93% in September but higher than the fiscal year average of 28.53%. Similarly, the net profit margin (NPM) stood at 22.86% in December, marginally down from 23.81% in September, yet up from the 19.93% recorded for the fiscal year. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. First Published: May 20, 2025, 12:42 IST
