Bharat Electronics Limited (BEL), a prominent Navratna public sector enterprise, is gearing up to unveil its financial performance for the last quarter and the entire fiscal year ending March 2025. The company’s board has scheduled a meeting on May 19, 2025, to review and approve the audited standalone and consolidated financial results, along with a final dividend recommendation for the financial year 2024-25. This announcement was made through an exchange filing earlier today.
Key Financial Insights for BEL’s Q4
Recent analysis from Kotak Institutional Equities (KIE) suggests that BEL’s profit after tax (PAT) is expected to see a 5.9% year-on-year increase, reaching approximately ₹1,903 crore for the March 2025 quarter, compared to ₹1,797 crore from the same period last year. When compared to the previous quarter, this figure could represent a substantial 45% increase.
- Net Sales Projections:
- Expected to grow 6% YoY.
- Anticipated to be around ₹9,080 crore, reflecting a remarkable 57.3% quarter-on-quarter rise.
KIE forecasts that BEL’s revenue for the fourth quarter of FY25 may hit ₹91 billion, driven by a steady order inflow, which has shown an 8% YoY growth to reach ₹89 billion. However, it’s important to note that this only constitutes 75% of the company’s order inflow target for FY2025.
Strong Margin Expectations
The brokerage anticipates BEL will achieve an EBITDA margin of approximately 27.5% for the fourth quarter of FY25, indicating a slight year-on-year increase of 83 basis points, while showing a decrease of 139 basis points compared to the previous quarter. This anticipated margin is above BEL’s earlier guidance of 25%, primarily due to robust performance in the first nine months of FY25.
Financial Performance Overview
For the fiscal year 2024-25, BEL recorded a turnover of around ₹23,000 crore, representing a 16% increase from the previous fiscal year’s turnover of ₹19,820 crore. Despite this growth, the actual turnover fell short of the company’s target of ₹25,000 crore.
Dividend Updates from BEL
In the past year, Bharat Electronics has declared an equity dividend of ₹2.30 per share. The most recent dividend payout was ₹1.50 crore, with a record date set for March 11, 2025. Currently, the dividend yield for BEL shares stands at 0.73%. As of the latest trading session, BEL shares closed at ₹315.45, reflecting a 1.35% increase.
This upcoming financial disclosure and the expected performance highlight BEL’s ongoing commitment to growth and shareholder returns. For those keen on investment opportunities, keeping an eye on BEL’s results could provide valuable insights into the dynamics of the Indian defense sector.
