Bharat Electronics Ltd - Company Profile
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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
Website
www.bel-india.in
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*
$20.5B
Net Profit Margin (2023)
XYZ
7.8%
(2023 vs 2022)
* As of and is in US$
Bharat Electronics Ltd premium industry data and analytics
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 |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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