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Bharat Electronics Ltd: Overview

Bharat Electronics Ltd (BEL) is a manufacturer of electronic products for Indian defense services and other Indian government organizations. The company’s product portfolio includes defense communication products, land-based radars, naval systems, electronic warfare systems, avionics, tank and armoured fighting vehicle electronic systems, electro-optics, weapon systems, C4ISR systems, shelters, and masts, simulators, batteries, and components/devices, among others. BEL also offers services such as precision machining and fabrication, opto electronic components and assemblies, microwave integrated circuit assemblies, antennae manufacturing, cable assemblies and wiring harnesses, super components modules, and assembly and testing. The company exports its products to Europe, Asia, Africa, North America, and the Middle East. BEL is headquartered in Bangalore, Karnataka, India.

Headquarters India

Address Outer Ring Road, Nagavara, Bangalore, Karnataka, 560045


Telephone 91 80 25039300

No of Employees 8,853

Industry Aerospace and Defense

Ticker Symbol & Exchange BEL (NSE)

Revenue (2022) $2.1B 8.9% (2022 vs 2021)

EPS XXX

Net Income (2022) XXX 14.3% (2022 vs 2021)

Market Cap* $9.4B

Net Profit Margin (2022) XXX 4.9% (2022 vs 2021)

* As of and is in US$

Products and Services

Products Services Brands
Defense: Precision Machining and Fabrication BEL
Defence Communication products Opto Electronics Components and Assemblies
Land-based Radars Microwave Integrated Circuit Assemblies
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In November, the company entered into a memorandum of understanding (MOU) with Delhi Metro Rail (Dmrc) to develop an indigenous communication-based train control system (i-CBTC).
2022 Contracts/Agreements In November, the company signed an memorandum of understanding with Motorola Solutions India Pvt Ltd for co-operation in the field of broadband, push-to-talk service.
2022 Contracts/Agreements In October, the company signed memorandum of understanding with Triton Electric Vehicle for manufacture of Hydrogen Fuel cells by BEL with technology transfer from TEV.
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Competitor Comparison

Key Parameters Bharat Electronics Ltd Hindustan Aeronautics Ltd Bharat Dynamics Ltd Electronics Corporation of India Ltd Centum Electronics Limited
Headquarters India India India India India
City Bangalore Bangalore Hyderabad Hyderabad Bangalore
State/Province Karnataka Karnataka Telangana Telangana -
No. of Employees 8,853 25,412 2,662 1,783 1,172
Entity Type Public Public Public Government Public
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Executives
Name Position Board Since Age
Anandi Ramalingam Chairman; Managing Director; Director - Marketing Executive Board 2021 59
Dinesh Kumar Batra Director; Director - Finance; Chief Financial Officer Executive Board 2020 59
P Sampath kumar Chief Technology Officer - Communication Senior Management 2021 -
Shrikant Walgad Chief Vigilance Officer Senior Management 2019 -
Vinay Kumar Katyal Director - Human Resource; Head- Bangalore Complex; Director Executive Board 2018 58
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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