Rs 71,650 Crore Order Book: Multibagger Defence Stock Jumps After Registering a Growth of 32 Per Cent in PAT during FY 2024-25. and 90 Per Cent Dividend
The stock gave multibagger returns of 370 per cent in 3 years and a whopping 1,630 per cent in 5 years.
On Tuesday, shares of Bharat Electronics Limited (BEL) gained 1.72 per cent to an intraday high of Rs 369.80 per share from its previous closing of Rs 363.55 per share. The stock’s 52-week high is Rs 373.50 per share and its 52-week low is Rs 230 per share.
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.
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. The Profit Before Tax (PBT) for FY 2024-25 reached Rs 7,089.99 crore, showing a substantial increase of 32.91 per cent over the previous year's PBT of Rs 5,334.56 crore, and the fourth quarter PBT rose to Rs 2,847.62 crore from Rs 2,385.61 crore. 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 4,020.00 crore, while the fourth quarter PAT increased to Rs 2,104.78 crore from Rs 1,783.52 crore.
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Additionally, the Board of Directors, during their meeting on May 19, 2025, recommended a final dividend of Rs 0.90 per equity share (90 per cent) of Re 1 each fully paid-up for the financial year 2024-25, subject to approval.
Furthermore, the company has secured additional orders worth Rs 572 crore since the last disclosure on April 07, 2025. Major orders received include Integrated Drone Detection and Interdiction System (IDDIS), Software Defined Radio (SDR) and Data Communication Unit (DCU) for attack guns, AI-based solutions for ships, simulators, communication equipment, jammers, spares, services, etc.
The company has a market cap of over Rs 2.60 lakh crore and has been maintaining a healthy dividend payout of 44 per cent. The company’s order book stands at Rs 71,650 crore as of April 01, 2025. The company's shares have an ROE of 30 per cent and an ROCE of 40 per cent. The stock gave multibagger returns of 370 per cent in 3 years and a whopping 1,630 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 1,48,003200 per cent return to its investors.
Disclaimer: The article is for informational purposes only and not investment advice.