Company profile / BEL

Bharat Electronics

Other · 7 quarters tracked · source-linked performance and management context.

Research layer active
PositiveCredibility 0/100Latest record q3-fy26

Latest revenue

₹7,154 Cr

verified financial record

Quarters tracked

7

source records in the directory

Delivery assessment

0

Across 11 tracked commitments: 0 delivered, 11 missed.

Call date

2026-02-10

latest available source date

Signal trajectory

7 actual quarters
Revenue (₹ Cr)PositiveWatchNegative
7 actual records
Actual quarterly Revenue (₹ Cr) trajectoryReported values plotted by quarter. Hover or focus a point for its quarter, value, and source sentiment.Q1 FY25: 4,244 · Positive source sentiment · 2024-08-14Q1 FY25Q2 FY25: 4,605 · Positive source sentiment · 2024-11-15Q2 FY25Q3 FY25: 5,771 · Positive source sentiment · 2025-01-31Q3 FY25Q4 FY25: 9,150 · Positive source sentiment · 2025-05-15Q4 FY25Q1 FY26: 4,417 · Positive source sentiment · 2025-07-31Q1 FY26Q2 FY26: 5,792 · Positive source sentiment · 2025-11-15Q2 FY26Q3 FY26: 7,154 · Positive source sentiment · 2026-02-10Q3 FY269,1504,244
Values are taken from the available verified source records; sentiment color is a separate source-read indicator.

Current read

0/100

Across 11 tracked commitments: 0 delivered, 11 missed.

Latest source read

What changed this quarter?

Open quarter read

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). EBITDA margin expanded to 30% (up 200bps YoY), driven by favorable product mix and indigenization benefits. Management maintained full-year guidance of 27% EBITDA margin and INR 27,000 crore order inflow, expressing confidence in exceeding both. Key growth drivers include large programs like QRSAM (expected by Q4), NGC (partial in Q4, balance in H1 FY27), and LCA LRUs. The order book stands at INR 73,450 crore, providing strong visibility. Risks include potential spillover of NGC orders and supply chain constraints for semiconductors, though mitigation plans are in place. Overall, the company is well-positioned for sustained 15%+ revenue growth.

Colored figures compare against the previous available record. Hover or focus one for the comparison.

Signal

Positive

Revenue

₹7,154 Cr

Source date

2026-02-10

Across the record

Quarter history.

7 source records

History modules

Follow the numbers and themes.