Bharat Electronics Ltd - Company Profile

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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..

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Headquarters India

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


Telephone 91 80 25039300

No of Employees 8,832

Industry Aerospace and Defense

Ticker Symbol & Exchange BEL (NSE)

Revenue (2023) $2.3B 15.4% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ 24.4% (2023 vs 2022)

Market Cap* $16.8B

Net Profit Margin (2023) XYZ 7.8% (2023 vs 2022)

* As of and is in US$
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Bharat Electronics Ltd premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Bharat Electronics Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

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
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

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

Year Event Description
2024 Contracts/Agreements In February, the company secured a contract from the Indian Ministry of Defence worth US$273 million to supply 11 Shakti EW systems and supplementary equipment.
2024 Contracts/Agreements In January, the company secured an order, worth INR 665.84 crore, from the Central Board of Indirect Taxes and Customs, Ministry of Finance for the arrangement of IT infrastructure.
2023 Contracts/Agreements In December, the company received an order of INR580 crore from Indian Army for AMC of Radars.
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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 Bengaluru Hyderabad Hyderabad Bangalore
State/Province Karnataka Karnataka Telangana Telangana Karnataka
No. of Employees 8,832 24,457 2,560 1,783 1,226
Entity Type Public Public Public Government Public
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Executives
Name Position Board Since Age
Bhanu Prakash Srivastava Director - Marketing; Managing Director; Director - Other Units; Chairman Executive Board 2022 -
Damodar Bhattad S Chief Financial Officer Senior Management - -
Shrikant Walgad Chief Vigilance Officer Senior Management 2019 -
P Sampath kumar Chief Technology Officer - Communication Senior Management 2021 -
KV Suresh Kumar General Manager - PD⁣ Director - Marketing Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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