Bharat Electronics Declares Interim Dividend Amid Strong Order Book

New Delhi, March 13, 2025 – Bharat Electronics Limited (BEL) has announced an interim dividend of Rs 1.50 per equity share of Re 1 each (150 percent) for the financial year 2024-25. The announcement was made on March 5, 2025, as the company continues to make headlines with its robust order book and rising share price.

Positive Market Reaction

On Monday, March 13, shares of Bharat Electronics climbed 2 percent intraday, following news that the company secured a significant order worth Rs 2,463 crore from the Indian Air Force. By 11:57 AM IST, the stock was trading at Rs 282.40, reflecting an increase of Rs 5.65, or 2.04 percent, on the Bombay Stock Exchange (BSE).

The company confirmed the contract with the Ministry of Defence, which constitutes supply and services related to advanced Ashwini Radars. These radars, which feature integrated Identification Friend or Foe (IFF) capabilities and electronic scanning in both azimuth and elevation, are developed in collaboration with the Defence Research and Development Organisation (DRDO). Notably, these fully indigenous Active Electronically Scanned Array (AESA) radars are designed for 4D surveillance and can operate effectively in diverse terrains.

Order Book Expansion

In addition to the recent Indian Air Force contract, Bharat Electronics has been expanding its portfolio of orders. On March 10, the company secured additional contracts valued at Rs 843 crore for a variety of products and services, including RF seekers, vessel and air traffic management systems, electro-optic repairs, and radar upgrades. Furthermore, on March 6, additional orders worth Rs 577 crore were secured for airborne electronic warfare products and radar upgrades, among others.

As a result of these new contracts, Bharat Electronics’ total order book for the current financial year has reached an impressive Rs 17,030 crore, highlighting the company’s strong market position and demand for its products.

Stock Performance

Bharat Electronics shares have experienced significant fluctuations over the past year. Most recently, the stock touched a 52-week high of Rs 340.35 on July 10, 2024, before dropping to a low of Rs 179.20 on March 15, 2024. Currently, the stock is trading 17.03 percent below its previous high and 57.59 percent above its low for the year. The company’s market capitalization now stands at Rs 206,428.15 crore, and the stock has appreciated more than 38 percent over the past year.

Conclusion

With a solid dividend announcement and an expanding order book, Bharat Electronics remains a noteworthy player in the defense and electronics sector. Investors and analysts will continue to monitor the company’s performance as it navigates through a buoyant period of growth and increasing demand for its state-of-the-art technology solutions.

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