Bharat Electronics Limited — Investor Meet, 29-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Bharat Electronics reported a 16% revenue rise to INR23,024 Cr, with PBT up 33% to INR7,090 Cr and PAT up 32% to INR5,288 Cr for FY ’25. EBITDA margin improved to 29.4%. Order book stands at INR71,650 Cr, including large projects like QRSAM (~INR30,000 Cr) and Next Gen Corvettes. Exports aim for $120 million, supported by rising indigenization and faster execution with MSME partners. R&D and capex spend will increase sharply to drive 15–17.5% growth. FY ’26 guidance targets 15% revenue growth, 27% EBITDA margin, and INR27,000 Cr+ new orders. Management is optimistic on execution, margins, and market demand.