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BEL Diversified 10 Feb 2026

Bharat Electronics Limited — Q3 FY26

BEL reported a strong Q3 FY26 with 9M revenue of INR 17,302 crore (+19% YoY) and PAT of INR 3,845 crore (+21% YoY).

bullish high
Compare with...
Revenue ₹7,154 Cr +19%
EBITDA
PAT ₹1,580 Cr +21%
EBITDA Margin 30% +200bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter2
Delivered0
Missed2

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY26

FY26 Revenue Growth of 15%+

Management reiterated guidance of 15%+ revenue growth for FY26, driven by strong execution of existing order book and expected new orders.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q2 FY26

FY26 EBITDA Margin of 27%+

EBITDA margin guidance of 27%+ for FY26, supported by cost optimization and indigenization efforts.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1