₹73,015 Cr Order Book: PSU Stock in Focus After Securing ₹1,660 Cr Defence Order

Synopsis: The shares of this defence stock gained investor traction after it secured a Rs 1,660 crore order, boosting its order book and strengthening its position in the defence segment.

The shares of this company, which specializes in defence electronics, including weapon systems, radar, sonar, electro-optics, and electronic warfare, came into focus after the receipt of a significant order today

With a market capitalization of Rs 2,93,487 crore, Bharat Electronics Ltd’s shares on Monday made a day high of Rs 413.15, up by 2 percent from its previous day’s close price of Rs 404.75 per share. The share of the company trades at a fairly valued P/E of 49.1x compared to the industry average of 49.5x.

Significant Order

Bharat Electronics Limited (BEL) has secured fresh orders worth Rs 1,660 crore as of March 30, 2026, following its last update on March 17. These contracts cover a wide range of defence and electronics applications, strengthening the company’s presence in strategic and high-technology segments.

The orders include satellite and general communication systems, electronic warfare equipment, avionics, electronic voting machines, software solutions, munitions, and lifecycle support such as upgrades, spares, and maintenance, significantly enhancing BEL’s order book and supporting long-term revenue visibility.

This order further strengthens the company’s robust order book, which stood at Rs 73,015 crore as of January 1, 2026, with major contributions from long-term defence projects including LRSAM, BMP II upgrades, Akash Army, Ashwini and Arudhra radars, EW Suite for Mi-17 V5, and electronics user requirements.

This order is followed by the Defence Acquisition Council clearing massive defence deals worth Rs 2.38 lakh crore. This brings the total approvals for the current financial year to a record Rs 6.73 lakh crore, a significant jump from the previous year’s Rs 2.2 lakh crore.

With record DAC approvals and a robust order book, Bharat Electronics Ltd is well-positioned for sustained growth. Continued government defence spending and strategic project execution support strong revenue visibility and long-term stability for the PSU stock.

About the Company

Bharat Electronics Limited (BEL) is a premier Navratna Defence Public Sector Undertaking (PSU) under India’s Ministry of Defence, established in 1954. It manufactures advanced electronic products and systems for the Army, Navy, and Air Force, including radars, missile systems, and military communications.

Financial Highlights: The revenue from operations grew by 24 percent to Rs 7,154 crore in Q3 FY26 from Rs 5,771 crore in Q3 FY25, and EBIDT grew by 27 percent to Rs 2,127 crore in Q3 FY26 from Rs 1,669 crore in Q3 FY25. Accompanied by a net profit growth of 20 percent to Rs 1,580 crore in Q3 FY26 from Rs 1,312 crore in Q3 FY25, resulting in an EPS growth of 21 percent to Rs 2.16 per share in Q3 FY26.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post ₹73,015 Cr Order Book: PSU Stock in Focus After Securing ₹1,660 Cr Defence Order appeared first on Trade Brains.