This Navratna defence firm shares tumble 5% after FY25 turnover update: Check details

According to reports, the turnover was lower than the company’s FY25 order inflow guidance. The growth is, however, 16% higher than the previous year when the defence PSU’s turnover was registered at ₹19,820 crore in FY24.

This includes export sales of around $106 million during FY25, as compared to the previous year's export turnover of $92.98 million, registering a growth of 14%.

In the fiscal year 2024-25, BEL secured orders worth ₹18,715 crore. “Some of the major orders received during the year are BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data Link, Multi-Function Radars, AEON 51, Seekers, Anti-Drone System, Airport Surveillance Radar, Sonar Upgradation, Flycatcher Spares, Radar Upgradation, Spares and Services, etc., and other projects in the non-defence sector,” the company said in a statement to the stock exchanges.

With this, the total order book of BEL as of April 1, 2025, stands at around ₹71,650 crore, including an export order book of $359 million.

At the time of writing this article, shares of the company were trading at ₹280.50 apiece, falling 3.94%.

Commenting on the development, BEL chairman and managing director Manoj Jain said, “BEL strives to attain self-reliance through enhanced indigenisation efforts, expansion and modernisation, and outsourcing to Indian industries, including MSMEs & start-ups. BEL has rolled out strategies to maximise its global outreach and footprint in international market segments in the coming years. All these efforts will help BEL to retain its market leadership position in the strategic electronics sector."

BEL had posted a 47.33% increase in its standalone net profit to ₹1,316.06 crore in the three-month period ended December 2024. In the year-ago period, the post-tax profit was at ₹893.30 crore.

Standalone revenue from operations rose 39.14% to ₹5,756.12 crore in the reporting quarter, compared to ₹4,136.69 crore in the same period last fiscal.

The PSU firm had achieved a turnover of ₹5,643.25 crore, reflecting a growth of 36.97% in Q3 FY24 over the turnover of ₹4,120.10 crore posted in the corresponding period of the previous year.

Its EBITDA (earnings before interest, taxes, depreciation, and amortisation) grew by 57.5% to ₹1,653.3 crore in the latest December quarter, compared to ₹1,049 crore in Q3 FY24. EBITDA margin was at 28.7% vs 25.4% a year back.