Versuchen GOLD - Frei
BEL faces lofty valuation test
Mint Kolkata
|November 05, 2025
Bharat Electronics Ltd's (BEL) investors are a happy lot.
The shares are up about 40% so far in 2025. Strong Septemberquarter (Q2FY26) results and healthy near-term prospects show it could continue to find support.
Robust execution lifted BEL's Q2 revenue by 26% year-on-year to ₹5,764 crore. While the Ebitda margin contracted nearly 90 basis points to 29.4%, it was still ahead of analysts' expectations. The defence electronics company has maintained its FY26 guidance of 15% revenue growth and a 27% Ebitda margin, after a solid performance in first half of the year that saw 16% revenue growth and a 28.8% margin.
The company's Q2 order book is at ₹74,500 crore, which while flattish yo-y, offers strong visibility as it is three times trailing 12 months' revenue. Order inflows rose a whopping 117% yo-y to ₹5,360 crore.
Diese Geschichte stammt aus der November 05, 2025-Ausgabe von Mint Kolkata.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Kolkata
Mint Kolkata
India smartwatch boom runs out of time as innovation lags
India’s gadget buyers are shunning inexpensive smartwatches, a category that saw a massive surge in demand until two years ago.
2 mins
March 06, 2026
Mint Kolkata
War deals double blows to IndiGo
yet.
3 mins
March 06, 2026
Mint Kolkata
Congressional war authority should assert itself in America
Even symbolic intervention in presidential wars has some value
3 mins
March 06, 2026
Mint Kolkata
Urea output cut as gas rationing starts
Indian fertilizer companies have begun trimming urea output and reworking supply schedules to stretch their inventories of gas after Qatar halted production of the key feedstock amid the sharpest rise in crop-nutrient prices since the West Asian conflict broke out last weekend.
1 min
March 06, 2026
Mint Kolkata
Win-Medicare hires EY to sell $150-200 mn stake
Umesh Modi Group’s Win-Medicare Pvt Ltd (WMPL), the maker of household brands like Betadine and Movicol, is looking to sell a minority stake in a deal valued between $150 million and $200 million, according to three sources familiar with the matter.
2 mins
March 06, 2026
Mint Kolkata
Some European leaders are now openly challenging Trump over Iran
Leaders of Britain, Spain have engaged in a war of words with Trump over a conflict they say is illegal and unwise
4 mins
March 06, 2026
Mint Kolkata
IIMs bank on pre-placements, consulting giants dominate
India's premier business schools are leaning heavily on pre placement offers and asurge in consulting sector hiring to secure near 100% placement rates for their 2026 batches, even as the overall job market remains selective.
2 mins
March 06, 2026
Mint Kolkata
TCS’ hyperscaler strategy to power AI data centre boom
Tata Consultancy Services, which just cut an agreement with OpenAl to build data centres for artificial intelligence in India, is nearing additional deals with other tech giants, signalling a commitment to reshaping its business model to capitalize on the emerging technology.
2 mins
March 06, 2026
Mint Kolkata
Russia is big winner as Iran war drains supplies that Ukraine needs
Russia is one of the biggest winners in the early days of the largest U.S. military confrontation in decades, as Iranian missiles deplete stocks of Patriot interceptors that Ukraine needs for its defense.
4 mins
March 06, 2026
Mint Kolkata
Estée Lauder completes its Forest Essentials acquisition
The Estée Lauder Companies has signed an agreement to acquire the stake it doesn’t already own in Indian luxury beauty company Forest Essentials, with the transaction expected to close in the second half of 2026, said Stéphane de La Faverie, president and chief executive officer of The Estée Lauder Companies.
1 mins
March 06, 2026
Listen
Translate
Change font size