How Bharat Electronics Limited Is Powering India’s Defence Growth in FY26 India’s defence sector is undergoing a structural transformation — and few companies reflect this shift as clearly as Bharat Electronics Limited (BEL). In its Q3 FY26 earnings call (January 28, 2026), BEL delivered strong growth, robust margins, and a record order book — reinforcing its position as one of India’s most strategic defence electronics companies. Let’s break down what this means for investors, industry watchers, and India’s defence ecosystem. 🚀 Q3 FY26: Strong Growth Momentum Continues BEL reported impressive performance in the first nine months of FY26: Revenue: ₹17,302 crore (↑19% YoY) Profit Before Tax: ₹5,171 crore (↑22% YoY) Profit After Tax: ₹3,845 crore (↑21% YoY) EBITDA Margin: ~30% (vs 28% last year) Order Book: ₹73,450 crore (as of Jan 28, 2026) Despite a strong 9-month margin of ~29%, management maintained full-year EBITDA guidance of 27%, citing product m...
DustFinance-By Guvi -Removing the Dust from Financial Riddles Through Fundamental Analysis
DustFinance-By Guvi -Removing the Dust from Financial Riddles Through Fundamental Analysis