Bharat Electronics Limited — Investor Meet, 04-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

BEL delivered strong H1 FY26 results: revenue up 15.92% to INR10,180 Cr, PAT rising 20.77% to INR2,255 Cr, and EBITDA at 30.15%. The order book stands at INR75,600 Cr. Management is confident in achieving 15%+ revenue growth and over 27% EBITDA for FY26. Key order pipeline includes QRSAM (expected by March), Next-Generation Corvettes, and LCA avionics. BEL is strategically expanding into system integration for AMCA and MALE UAV programs. The company maintains a positive outlook with robust order inflows and strategic growth initiatives.