loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

BEL has secured additional orders worth ₹1,011 crore

ICICIdirect Research 22 Oct 2026 DISCLAIMER

News: BEL has secured additional orders worth ₹1,011 crore. Major orders include Improved Low Level Light Weight Radars (LLLR), communication equipment, sonars, jammers, upgrades, spares and services, further strengthening its defence electronics order pipeline.

View: The LLLR(I) system  (estimated order size ₹ 770 crore) has the capability of detecting and tracking fighter size targets and mini/ micro drones and has additional capability of prioritizing aerial targets. With this, the order backlog stands at ~₹71,000 crore (~2.5x TTM revenue), providing strong medium-term revenue visibility. Order inflows across radars, communication systems, sonars and electronic warfare solutions support its diversified defence electronics portfolio. The ~₹30,000 crore QRSAM programme remains a key potential catalyst for FY27 order inflows and the company’s ₹55,000+ crore order inflow guidance, while continued traction across defence electronics and upgrades should support sustained growth.

Impact: Positive

Download
ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download
ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere