Bharat Electronics Share Price Sees Rise Following Defence Ministry Contract

Market Performance

On April 8, 2025, the share price of Bharat Electronics increased by 6% during early trading, reaching ₹288 per share. The surge followed the announcement of a new contract awarded by the Ministry of Defence, indicating a strong market reaction to the development.

Key Development

The Ministry of Defence signed a contract worth approximately ₹2,210 crore with Bharat Electronics Ltd (BEL) on April 7, 2025. The agreement involves the supply of Electronic Warfare (EW) suites for the Indian Air Force's Mi-17v5 helicopters. The Defence Research and Development Organisation (DRDO) developed these systems indigenously through its CASDIC division and will be manufactured by BEL.

The EW suites include:

• Radar Warning Receiver (RWR)
• Missile Approach Warning System (MAWS)
• Countermeasure Dispensing System (CMDS)

These systems are designed to enhance the combat survivability of helicopters by providing effective defensive countermeasures.

Company Operations and Contracts

This recent ₹2,210 crore contract is the second significant order BEL has received in less than a week. On April 2, 2025, BEL signed another contract with the Ministry of Defence valued at ₹593.22 crore (excluding taxes) for the maintenance of the Akash Missile System, which the company originally supplied.

In total, Bharat Electronics has secured orders worth ₹2,803 crore so far in the current fiscal year (FY25).

Financial Overview

Revenue:

• Provisional turnover for FY25 stood at ₹23,000 crore, up from ₹19,820 crore in the previous financial year.
• This represents a year-on-year growth of 16%.

Export Sales:

• Export sales for FY25 reached USD 106 million, compared to USD 92.98 million in the prior year.
• This marks a 14% increase in export revenue.

Orders Secured in FY25:

• Total orders secured during the year amounted to ₹18,715 crore.
• Major contracts included the BMP II Upgrade, Ashwini Radar, Software-Defined Radios, Data Links, Multi-Function Radars, EON-51, Seekers, Anti-Drone Systems, Airport Surveillance Radar, Sonar Upgrade, Flycatcher spares, Radar Upgrade, and various other spares and services.
• The company also received several orders from the non-defence sector.

Order Book:

• As of April 1, 2025, the total order book of BEL stood at approximately ₹71,650 crore.
• The export portion of the order book was valued at USD 359 million.

Summary

Bharat Electronics continues expanding its defence sector footprint through key contracts with the Ministry of Defence. The company's performance in FY25 reflects strong revenue growth and a rising volume of domestic and international orders. Its focus on indigenously developed technology positions it as a significant contributor to India's defence capabilities.