Introduction:
This Navratna stock is targeting ₹25,000 Cr in order inflows for FY25, with ₹7,500 Cr already secured. The company focuses on sustaining growth and strategic project selection by diversifying into emerging segments.
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About Bharat Electronics Ltd
Bharat Electronics Ltd is a Navratna company specialising in defence electronics and cutting-edge systems. Renowned for timely project execution, it focuses on operational efficiency and expanding into emerging technology segments.
Share price movement:
On January 10, Bharat Electronics Ltd (BSE: BEL) opened at ₹279.75, hit a high of ₹280.55 and a low of ₹270.05, closing at ₹271.00, down by 3.63%. The company’s market capitalisation is ₹1,98,095.01 crore.
Future guidance
Bharat Electronics Ltd is targeting an order inflow of ₹25,000 crore for FY25, with ₹7,500 crore already secured. This reflects a strong order book and strategic focus on growth. Management remains confident in achieving this target through consistent project execution.
The management is optimistic about maintaining a minimum annual growth rate of 15% over the next five years. This growth is driven by a strong order pipeline and a growing defence budget. The company aims to leverage both to ensure long-term sustainability.
Bharat Electronics Ltd aims to increase its export contribution from 3% to 5%. The management is confident in reaching this target, backed by a $500 million export pipeline. Strategic efforts are focused on expanding the company’s international presence.
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Projects update:
Bharat Electronics Ltd has secured several key projects for future execution. These include the LRSAM project worth ₹1,600 crore, the Himshakti EW Project valued at ₹800-900 crore, and the Instrumented EW Range project at ₹750 crore.
Other major upcoming projects include the Akash Army system at ₹500 crore, the D-29 EW System at ₹500 crore, and the Weapon Locating Radar project, valued at ₹450 crore. These projects highlight the company’s strong execution capabilities in defence technology.
Shareholding pattern of Bharat Electronics:
All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
Promoter | 51.1 | 51.1 | 51.1 |
FII | 17.3 | 17.4 | 17.6 |
DII | 20.2 | 20.6 | 22.6 |
Public | 11.4 | 10.8 | 8.7 |
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.