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BEL Secures ₹712 Crore in September Orders as Shares Rise

The wins take FY26 intake to about ₹11,300 crore, expanding the backlog to roughly ₹78,600 crore to reinforce revenue visibility.

Overview

  • BEL’s latest contracts cover IT infrastructure, cybersecurity, Electronic Support Measures, blockchain platforms, communication equipment, spares and services.
  • Year-to-date order inflows for FY26 stand at about ₹11,300 crore, while the order book is approximately ₹78,600 crore, or around 3.3 times FY25 revenue.
  • The stock gained nearly 3% in early trade following the disclosure, reflecting investor optimism on sustained order momentum.
  • Management is targeting total FY26 order inflows above ₹27,000 crore, according to ICICI Securities.
  • Analyst sentiment remains favorable, with 24 of 29 analysts rating the stock a buy, per Bloomberg data.