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
Cash flow concerns remain for Kaynes
Electronics manufacturer Kaynes Technology has pushed back its target of turning net cash positive to the end of the current fiscal year, after missing its guidance given last quarter to generate free cash flow by the end of September.
2 mins
November 06, 2025
Mint Kolkata
How Delhi Crime set the bar for cop shows
With its third season looming, Mint speaks to the stars and creators of the Netflix show, whose gritty tone has been imitated but not bettered
4 mins
November 06, 2025
Mint Kolkata
IndiGo preps for long haul even as rupee decline drags Q2
Interglobe Aviation Ltd’s (IndiGo) September quarter (Q2FY26) revenue grew 9% year-on-year, aided by optimized capacity addition, more passengers, and a better yield (a pricing metric).
1 mins
November 06, 2025
Mint Kolkata
A Jan Van plan could use fintech to democratize carbon trading
Catalyse climate action through mass participation in emission reduction by opening up the market for carbon credits to all
3 mins
November 06, 2025
Mint Kolkata
China ends levies on US farm goods, halts export curbs on firms
China announced it will remove retaliatory tariffs on some US farm products and lift export controls on an array of American firms, after Washington halved its fentanyl-related levies on Chinese goods.
2 mins
November 06, 2025
Mint Kolkata
WILL FLIPKART'S BET ON GEN Z FASHION PAY OFF?
The e-commerce giant has seen its market share in fashion wear contract amid the rise of rivals Meesho and Ajio
8 mins
November 06, 2025
Mint Kolkata
Public capex focus shifts to real outcomes from scale
AI-driven tools and data analytics to help Centre monitor the progress of infra projects
2 mins
November 06, 2025
Mint Kolkata
India could be AI’s biggest bet: It has hordes of early adopters
The country’s multitudes could make excellent use of AI enablers
3 mins
November 06, 2025
Mint Kolkata
How China’s chokehold on drugs, chips and more threatens the U.S.
Not just rare earths. Three products show how Beijing’s supply-chain control can impose pain on trading partners
4 mins
November 06, 2025
Mint Kolkata
Titan bets on wedding season to sustain festive sales boost
Titan Co. Ltd, the country’s largest jewellery retailer by revenue, expects sales momentum to continue into the wedding season after a strong festive demand boosted its second-quarter earnings despite elevated gold prices.
2 mins
November 06, 2025
Listen
Translate
Change font size