Rs 585 crore orders received, FIIs bought 1,53,68,938 shares & Rs 71,650 crore order book: Multibagger defence stock hit 52-week high on June 20
The stock gave multibagger returns of 440 per cent in 3 years and a whopping 1,400 per cent in 5 years.
On Friday, shares of Bharat Electronics Limited (BEL) gained 2.9 per cent to an intraday high of Rs 410 per share from its previous closing of Rs 398.65 per share. The stock also made a new 52-week high of Rs 410 per share and its 52-week low is Rs 240.15 per share.
Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs 585 crore since the last disclosure on 5th June 2025. Major orders received include fire control and sighting systems for missiles, communication equipment, jammers, spares, services, etc.
Earlier, the company had received orders worth Rs 2,323 crore from Mazagon Dock Shipbuilders Ltd and Garden Reach Shipbuilders & Engineers Ltd for missile system spares for Indian Naval ships. Furthermore, BEL secured another Rs 537 crore in orders for various defence equipment, including communication systems and jammers.
About the Company
Navratna Defence PSU Bharat Electronics Limited (BEL), established in 1954, is a prominent Indian government-owned company under the Ministry of Defence. They specialise in manufacturing cutting-edge electronic products and systems for the Indian armed forces, encompassing areas like radars, missile systems, communication technologies, electronic warfare systems, avionics for aircraft, naval systems, and even tank electronics. While their primary focus is defence, BEL also has a limited presence in the civilian market, offering solutions in cybersecurity, e-mobility, railways, e-governance and more.
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During FY 2024-25, the company achieved a Turnover of Rs 23,024.10 crore, marking a growth of 16.17 per cent compared to the previous year's Turnover of Rs 19,819.93 crore, with the fourth quarter contributing Rs 8,850.42 crore against Rs 8,335.01 crore in the corresponding period. Furthermore, the Profit After Tax (PAT) for the fiscal year stood at Rs 5,288.25 crore, reflecting a growth of 31.55 per cent over the previous year's PAT of Rs 4,020 crore, while the fourth quarter PAT increased to Rs 2,104.78 crore from Rs 1,783.52 crore.
The company has a market cap of Rs 2.98 lakh crore and has been maintaining a healthy dividend payout of 39 per cent. The company’s order book stands at Rs 71,650 crore as of April 01, 2025. In March 2025, FIIs bought 1,53,68,938 shares and increased their stake to 17.56 per cent compared to December 2024.
The company's shares have an ROE of 29 per cent and an ROCE of 39 per cent. The stock gave multibagger returns of 440 per cent in 3 years and a whopping 1,400 per cent in 5 years. The stock, which traded at a mere Rs 0.25 in 1999, has experienced exponential growth, delivering a mind-boggling 1,63,900 per cent return to its investors.
Disclaimer: The article is for informational purposes only and not investment advice.