Bharat Electronics Q2 FY26 Profit Rises 18.8% YoY to ₹1,287 Crore; Stock Gains 3%

Bengaluru, October 31, 2025: Bharat Electronics Ltd stock price (NSE: BEL, BSE: 500049) surged more than 3% on Friday’s trading session. The surge came after the company reported a robust financial performance for the second quarter ended September 30, 2025, with consolidated net profit rising 18.8% YoY to ₹1,287 crore from ₹1,086 crore in the same period last year, driven by strong execution of defence contracts and expanding opportunities in the non-defence electronics segment. Revenue momentum stayed strong on the back of higher order inflows and operational efficiency across key business verticals.

Stock Performance

At 2:12 pm IST, the shares price of BEL were trading 3.66% higher at ₹424.90, after reaching an intraday high of ₹420.90. The company’s market capitalization stood at ₹3.04 lakh crore, as investors remained confident about its growth prospects.

Financial Highlights

Revenue from operations for Bharat Electronics Limited (BEL) in Q2 FY26 rose 25.8% year-on-year to ₹5,79,209 lakh, compared to ₹4,60,490 lakh in Q2 FY25. Total income grew 24.9% to ₹5,94,601 lakh, while profit before tax (PBT) increased 19.6% to ₹1,72,795 lakh from ₹1,44,520 lakh a year earlier. The company’s profit after tax (PAT) stood at ₹1,28,716 lakh, reflecting a 17.8% YoY rise. Earnings per share (EPS) for the quarter came in at ₹1.76.

On a half-yearly basis, BEL reported a 14.4% YoY increase in total income to ₹10,54,907 lakh, while net profit advanced 19.8% YoY to ₹2,25,621 lakh, underscoring the company’s consistent performance and strong operational momentum in a competitive market.

Segment and Operational Performance

The defence sector remained BEL’s main growth engine, supported by consistent execution of radar systems, communication equipment, and weapon systems contracts. There was strong traction noticed in the non-defence business, which came from projects dealing with energy, homeland security, and smart city solutions. Thus, operational efficiency continued to improve. EB expenses were recorded at ₹76,777 lakh, and other expenses went up to ₹48,360 lakh, reflecting the expansion in company operations.

Market Overview

On the NSE, shares of Bharat Electronics Limited (BEL) witnessed robust trading activity, with volumes of 133.94 lakh shares and a total turnover of ₹553.84 crore. The stock maintained a strong upward trajectory, reflecting sustained investor confidence. BEL’s 52-week high stands at ₹436.00 (recorded on July 1, 2025), while the 52-week low is ₹240.25 (recorded on February 19, 2025). The company’s adjusted P/E ratio is 54.81, signalling investors’ continued optimism about its earnings visibility and long-term growth potential.

Bharat Electronics Ltd., headquartered in Bengaluru, is a Navratna PSU under the Ministry of Defence. It designs, develops, and manufactures state-of-the-art electronic systems for the Indian Armed Forces and allied sectors. Its product range comprises radar, communication, and missile systems. Listed on NSE and BSE, BEL stands at the forefront of India’s march towards self-reliance in defence technology and forms an integral part of the Nifty 50 index under the Aerospace & Defence category.

REF: https://nsearchives.nseindia.com/corporate/BEL_31102025130019_Q2_2025-26_Signed.pdf

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