Bharat Electronics Ltd Share Price – NSE /  BSE

Aerospace & Defence, Mid Cap

Highly Agile Modular Munition Extended Range (HAMMER) is a combat-proven, precision-guided weapon compatible with aircraft such as Rafale and LCA Tejas.

The agreement was signed in New Delhi on 24 November 2025 by BEL CMD Manoj Jain and SED executive vice president Alexandre Ziegler, in the presence of senior Defence Ministry officials and Safran leadership.

The joint venture cooperation agreement (JVCA) formalises the intent outlined in an MoU signed during Aero India 2025. The proposed joint venture will be a 50:50 private limited company. It will localise production, supply and maintenance of HAMMER systems for the Indian Air Force and Indian Navy.

The indigenisation level will gradually rise to 60%, covering key electronics, mechanical parts and sub-assemblies. Production transfer will be phased, with BEL handling final assembly, testing and quality assurance. BEL said the partnership will help strengthen India's defence manufacturing ecosystem and support Aatmanirbhar Bharat.

Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. As on September 2025, the Government of India held 51.14% stake in the company.

Its consolidated net profit jumped 17.87% to Rs 1,287.77 crore on 25.78% rise in revenue from operations to Rs 5,792.09 crore in Q2 FY26 over Q2 FY25.

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Bharat Electronics has secured additional orders worth Rs.871 crore since the last disclosure on 10 November 2025. Major orders received include fire control system, thermal imager, ground support equipment, upgrades, spares, services etc.

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Bharat Electronics has secured additional orders worth Rs.792 crore since the last disclosure on 30 October 2025. Major orders received include Defence network upgrade, radio communication network, radars, communication equipment, drones, combat management system, gun sighting system, upgrades, spares, services etc

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Profit before tax stood at Rs 1,727.95 crore in the second quarter of FY26, registering a growth of 19.56% on YoY basis.

Total expenses rose 27.14% YoY to Rs 4,218.06 crore in the September 2025 quarter. The cost of materials consumed stood at Rs 3,014.2 crore (up 24.75%) while employee benefits expenses were at Rs 767.77 crore (up 17.03% YoY) during the period under review.

The company?s order book position stood at Rs 74,453 crore as of 1 October 2025.

On a half yearly basis, the company?s consolidated net profit jumped 19.86% to Rs 2,257.68 crore on 15.63% rise in revenue from operations to Rs 10,231.83 crore in H1 FY26 over H1 FY25.

Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force.

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