PSU Defence stock jumps 3% after receiving ₹1,292 Cr order from Indian Coast Guard 

During Thursday’s trading session, the shares of this Navratna Defence PSU company manufacturing and supplying electronic equipment and systems to the defence sector surged nearly 3 percent on BSE, after securing an order worth nearly Rs. 1,292 crores from Indian Coast Guard. 

Price Movement

With a market cap of Rs. 1.9 lakh crores, at 03:18 p.m., the shares of Bharat Electronics Limited were trading in the green at Rs. 260.2, up by nearly 2.7 percent, as against its previous closing price of Rs. 253.4. 

The stock has delivered positive returns of nearly 36.5 percent in the last six months, but around 9 percent of negative returns in the last one month. 

What’s the News? 

According to the latest regulatory filings with the stock exchanges, Bharat Electronics Limited (BEL) has signed a contract valued at Rs. 1,034 crores with the Ministry of Defence for supplying Software Defined Radios (SDR) and Data Communication Terminals (DCT) to the Indian Coast Guard. 

These advanced radios, which have been indigenously developed in collaboration with DEAL (DRDO) and BEL, support multi-band, multi-channel, and multi-role/missions to cater to the needs of network-centric warfare. 

The DCT system facilitates communication between shore and ships, ensuring the necessary accuracy, speed, security, and reliability for critical missions. 

Additionally, BEL has secured orders worth Rs. 258 crores, which include an earth station for satellite communication, laser range finders, a fire control centre, command and control posts, communication equipment for weapon systems, head-up displays, spares, services, and more, since the last disclosure on 8th February 2025. 

With these new contracts, the total orders received by BEL in the current financial year have reached Rs. 13,147 crores. 

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Previous Orders

8th February: BEL signed a contract valued at Rs. 610 crores for supplying the Electro-Optic Fire Control System (EOFCS) to the Indian Navy. This system, fully developed in India, will be installed and integrated onboard Indian naval platforms.

The system is designed to perform panoramic/sector searches, track various targets both day and night, and engage tracked targets using medium-range and short-range gun mounts. 

Financials & Order Book

Bharat Electronics reported a significant growth in revenue from operations, experiencing a year-on-year increase of nearly 38.7 percent, rising from Rs. 4,162 crores in Q3 FY24 to Rs. 5,771 crores in Q3 FY25. 

During the same period, the company’s net profit rose from Rs. 860 crores to Rs. 1,312 crores, reflecting a growth of 52.6 percent YoY. 

As of Q3 FY25, the company’s order book stood at Rs. 71,000 crores, while the management is confident of achieving over Rs. 25,000 crores of order inflow by the end of the current financial year. 

About the Company

Bharat Electronics Limited (BEL) is a Government of India undertaking Navratna PSU, primarily engaged in the business of manufacturing and supply of electronic equipment and systems for the defence and civilian segments. 

Written by Shivani Singh 

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