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 ₹1,081 crore

ICICIdirect Research 23 Jun 2026 DISCLAIMER

News: BEL has secured additional orders worth ₹1,081 crore. The major orders include communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares and services, further strengthening the company's diversified defence electronics order pipeline.

View: With this the order intake for BEL in YTDFY27 stands at ~₹3,509 crore. Company remains well positioned for sustained growth, supported by a robust order backlog of ~₹77,391 crore (2.8x FY26 revenue), healthy manufacturing ecosystem and strong indigenous content across strategic defence programs. Order inflows for FY27E are expected to exceed ₹50,000 crore, aided by the likely finalization of large programs such as the ~₹30,000 crore QRSAM contract along with continued opportunities in radars, air defence, electronic warfare, naval systems and defence modernization programs. The steady flow of orders across multiple product categories continues to provide healthy revenue visibility and supports margin stability.

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