Bharat Electronics (BEL) — Financial Results

1 Financial Results 🔴 High Importance ✨ Positive 📄 PDF

Bharat Electronics Limited reported Q3 FY26 standalone revenue of ₹7,121.98 crore, up 23.73% YoY, with net profit after tax of ₹1,590.06 crore, up 20.82% YoY. For the nine-month period (April–December 2025), revenue reached ₹17,302.46 crore versus ₹14,538.30 crore previously, while PAT increased to ₹3,845.32 crore from ₹3,183.47 crore. The Government of India defence enterprise demonstrated strong operational momentum across quarters.

2 Financial Results 🔴 High Importance ✨ Positive 📄 PDF

BEL reported ₹17,302 crores in 9M FY26 revenue, up 19% YoY, with profit after tax reaching ₹3,845 crores, up 21% YoY. EBITDA margins improved to 30% from 28%. The order book stands at ₹73,450 crores as of January 28, 2026. Management guided for minimum ₹25,000 crores in orders for FY27 (excluding QRSAM) and expressed >90% confidence in securing the ₹30,000–32,000 crores QRSAM order by Q4 FY26. Expected revenue to exceed ₹27,000 crores excluding QRSAM.

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About Bharat Electronics Limited (BEL)

Capital Goods · Aerospace & Defense · Listed on NSE

Market Cap: ₹3,09,678.78 Cr P/E: 62.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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