About Bharat Electronics Limited (BEL)

Bharat Electronics Limited (BEL) is a Navratna public sector enterprise under the Government of India, incorporated in 1954 and headquartered in Bengaluru. The company is a leading aerospace and defence electronics supplier to the Indian Armed Forces, with the Government holding 51.14% of its equity, and is widely recognised as a market leader in domestic defence electronics across the Army, Navy and Air Force. In FY 2024–25, BEL reported turnover of Rs 23,024 crore and Profit After Tax of Rs 5,288 crore, supported by an order book of Rs 71,650 crore as on April 1, 2025 and fresh orders worth Rs 18,715 crore during the year.

BEL’s core business spans design, development, manufacturing and lifecycle support of strategic electronic products and systems for defence and select civilian markets. Its portfolio covers radars (including Aslesha, Lynx series, Weapon Locating Radar, 3D Surveillance Radar and 3D Tactical Control Radar), missile systems, air defence and reporting systems (e.g., Akash, LRSAM), and defence communications such as software defined radios and strategic communication systems . The company also supplies homeland security and smart city solutions, cyber security and software solutions, and has a growing presence in rail and metro, civil aviation, and space electronics and systems .

Subsidiaries and associates extend BEL’s capabilities: BEL Optronic Devices Limited is a 100% subsidiary; BEL-Thales Systems Limited is 74% owned; key associates include GE BE Private Limited (26%) and BEL IAI Aerosystems Private Limited (40%), alongside Section-8 entities supporting defence testing infrastructure . Internationally, BEL exports products and services and is expanding via international marketing offices and partnerships to address offset opportunities .

Bharat Electronics Limited’s Business Segments

Major operating divisions and industries served:

• Defence electronics is the mainstay, covering weapon systems, radars, electronic warfare, avionics, anti-submarine warfare, communications, and command-and-control systems. Dedicated Strategic Business Units also focus on homeland security, smart cities, cyber security and software solutions; BEL operates 29 SBUs across its network.
• Non-defence initiatives include rail and metro systems, civil aviation radars and communications, and space electronics and services, aligned with sectoral modernisation and the opening of the space sector to industry.

Bharat Electronics Limited’s Revenue by industry vertical:

• Defence contributed ~94% of turnover in FY 2024–25, 
• With the balance~6% from non-defence businesses.

Bharat Electronics Limited’s Revenue by Geography

• BEL’s strong domestic business is complemented by exports, which reached an all-time high of USD 106.17 million in FY 2024–25. 
• The company exported to France, Spain, USA, UK, Israel, Sweden, Mauritius, Armenia, Sri Lanka, Seychelles and SEZs, and held an export order book of USD 348.46 million as on April 1, 2025.

Bharat Electronics Key Management

• Manoj Jain, Chairman and Managing Director
• Damodar Bhattad S, Director (Finance) & CFO
• Hari Kumar R, Director (R&D)

Latest Updates on Bharat Electronics

• New launches and innovations: BEL introduced several products and systems in FY 2024–25, including the Drone Detection Deter and Destroy (D4) System, a Decoy System for missile systems, Integrated Electronic Warfare System (Communication segment), AESA-based X-Band Doppler Weather Radar, Airborne ESM, Mono-pulsed Secondary Surveillance Radar Mk-XIIA, Super-SCADA for Railways, CBRN HAZMAT Vehicle, Indigenous Long Range Observation System (ILROS), TI for BMP-II tank, HD Driver Night Sight, Torpedo Defence System, Portable Diver Detection Sonar, lightweight Airborne SDR, Naval Air and Surface Surveillance Radar, digital light engine for HUD, GNSS-based True North Heading Receiver, and an AD Gun Training Simulator.
• Orders and execution: BEL received about Rs 18,715 crore in new orders during FY 2024–25, including BMP-II Tank Upgrade, Ashwini Radar, Software Defined Radios, Data Link, Multi-Function Radars, EoN 51, Seekers, Airport Surveillance Radar, and Sonar and Radar upgrades; the order book stood at Rs 71,650 crore as on April 1, 2025.
• Capacity and partnerships: A new facility for seekers, night vision devices and thermal imaging cameras at Nimmaluru, Andhra Pradesh commenced operations. BEL formed a JV with Israel Aerospace Industries (BEL IAI AeroSystems Pvt. Ltd.) as a single point of contact for MRSAM product support and incorporated four Section-8 companies under the Defence Testing Infrastructure Scheme to set up testing facilities in Defence Corridors; BEL also created a corporate Supply Chain Management division to strengthen procurement and execution.
• Market milestones: BEL’s stock was included in the NIFTY50 in September 2024 and added to the Sensex in June 2025.