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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, electro-optics, tank and armoured fighting vehicle electronic systems, 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 electronics 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 (2021) $2.1B 8.9% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 14.3% (2021 vs 2020)

Market Cap* $9.1B

Net Profit Margin (2021) XXX 4.9% (2021 vs 2020)

* 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 September, the company signed a memorandum of understanding with Smiths Detection to make advanced X-ray screening technologies in India.
2022 Contracts/Agreements In August, the company announced to modernize AAI’s Bhubaneswar Airport.
2022 Contracts/Agreements In August, the company entered into a contract with NHPC to establish a large-capacity solar equipment manufacturing facility.
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Competitor Comparison

Key Parameters Bharat Electronics Ltd Hindustan Aeronautics Ltd Bharat Dynamics Ltd Electronics Corporation of India Ltd Rolta India Ltd
Headquarters India India India India India
City Bangalore Bangalore Hyderabad Hyderabad Mumbai
State/Province Karnataka Karnataka Telangana Telangana Maharashtra
No. of Employees 8,853 25,412 2,662 1,783 1,380
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 -
M V Raja Sekhar Director; Director - Research and Development Executive Board 2020 -
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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