Q4 Results for Bharat Electronics: Order pipeline, growth visibility, and stock gains ahead of earnings

BEL has received new orders totalling ₹572 crore since its last disclosure on April 7, as per an exchange filing. The major orders include Integrated Drone Detection and Interdiction Systems (IDDIS), Software Defined Radios (SDRs), and data communication units for attack guns. In addition to the above, BEL has also received orders for AI-driven solutions for naval vessels, various simulators, communication gear, jammers, spare parts, and a range of services. For the March quarter, BEL's revenue is expected to rise 4% on a year-on-year (YoY) basis to ₹8,933 crore. Net profit may slightly grow by 0.9% to ₹1,799 crore. BEL's EBITDA margin is expected to be muted at 25.6%.