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Bharat Electronics Ltd: Segment Analysis

Business Description

Bharat Electronics Ltd (BEL) is a manufacturer and supplier of electronic products. The company offers its products and services to the aerospace and defense sector. It offers its products and services under the Defense, Non-Defense, Software Services, and Electronic Manufacturing Services categories. It operates nine manufacturing facilities in India located at Bangalore, Ghaziabad, Pune, Machilipatnam, Panchkula, Chennai, Kotdwara, Hyderabad, and Navi Mumbai. BEL exports its products across Asia, Oceania, Middle East, Africa, Europe, and Americas.

R&D Overview

R&D arm of the company strives to develop new products with cutting-edge technology modules. It has three-tier R&D structure, including the Central Research Laboratory (CRL), Product Development and Innovation Centre (PD&IC) and Development and Engineering (D&E). The company's R&D team also collaborates with DRDO, ISRO, CSIR, other research laboratories, national and international academia, research institutes, OEMs/industry, experts/consultants, MSMEs and start-ups. As of March 2022, BEL generated 24 cumulative patents, and filled 137 new IPR applications, including 65 Patents, 64 Copyrights, six Industrial Design, and two SICLD. In FY2022, the company incurred expenses of INR10,693.8 million on R&D, which as a percentage of revenue, stood at 6.9%.




Geographical Segments

Performance

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Performance

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