BEL Shares Today in Focus as Defence PSU Bags Rs. 776 Cr Orders; Stock UP 32% In 2025

BEL shares are in focus on Monday, December 15, after Bharat Electronics Limited (BEL) announced that it has received additional defence orders worth Rs. 776 crore since its last disclosure on November 14. The latest order inflow adds to BEL's already strong order book.

In an exchange filing, the Navratna defence PSU said the new orders cover a wide range of strategic, electronic, and technology-driven defence systems. These include the indigenous Counter Unmanned Aerial System (SAKSHAM), anti-drone systems, software-defined radios, communication equipment, avionics, weapon control systems, gun control systems, medical electronics, security software, masts, components, upgrades, spares, and services.

BEL Order Book Gets a Fresh Boost

BEL is a major supplier of electronic equipment and systems to the Indian defence forces and is currently benefiting from the government's focus on Make in India and higher defence capital spending. The steady flow of high-value orders is expected to provide a strong revenue visibility for the PSU in the coming quarters.

"BEL has consistently outperformed expectations across revenue growth, margins, and execution, which reinforces our constructive outlook on the stock. A strong order backlog, healthy order inflows of Rs. 12,539 crore till October, and clear visibility on large defence programmes such as QRSAM, NGC, LCA avionics, and GBMES provide multi-year growth support," said Anil R, Senior Research Analyst at Geojit Equity Research.

"In addition, emerging opportunities in AMCA and UAV platforms, along with plans to scale up exports to 10% of turnover over the next three years, further strengthen the company's long-term growth prospects. We value BEL at 48x FY27E EPS and continue to maintain a BUY rating with a target price of Rs. 504," he further added.

Strong Q2 Performance

Alongside the order wins, BEL's financial performance in the Q2 FY26 has remained strong. The company reported a 25% year-on-year growth in standalone profit after tax (PAT) at Rs. 969.13 crore, compared with Rs. 776.14 crore in the same quarter last year. Revenue from operations rose 5.2% YoY to Rs. 4,416.83 crore, up from Rs. 4,198.77 crore in the corresponding period of the previous financial year.

BEL Share Price Today

Bharat Electronics' share price edged higher in early trade on December 15. At 09:24 am, BEL stock was trading at Rs. 391.00 on the BSE, up Rs. 1.60 or 0.41%. The stock has delivered a strong rally over the past year and is currently up over 62% from its 52-week low.

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