BEL shares drop 6% after missing FY25 order inflow target
Bharat Electronics Ltd. (BEL) declined 6% to Rs 274.5 in Wednesday's intraday trade on BSE after the company reported lower-than-expected order inflows for the financial year 2025.
Despite the shortfall, BEL’s revenue growth for the year surpassed its own projections.
In an exchange filing on April 1, BEL disclosed that it secured orders worth Rs 18,715 crore in FY25, falling short of its projected Rs 25,000 crore. However, the company reported a provisional turnover of Rs 23,000 crore, reflecting a 16% increase from FY24’s Rs 19,820 crore. This exceeded BEL’s forecasted 15% revenue growth for the year.
Some of the major orders received during the year, include the BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data Link, Multi-Function Radars, EON 51, among other projects in the non-defence sector as well.
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With this, BEL's total order book as of April 1, 2025 stood at Rs 71,650 crore, which also includes an export order book of $359 million.
Manoj Jain, Chairman and Managing Director of BEL, said, «BEL has rolled out strategies to maximise its global outreach and footprint in the international market during the coming years. All these efforts will help BEL retain its market leadership position in the strategic electronics sectors.»
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