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5mo ago

BEL Sets Sept. 23 Dividend Payout as Shares Jump on Broker Endorsement

BEL cites double‑digit profit growth alongside a Rs 74,859 crore order book to support FY26 inflow guidance.

Bharat Electronics Dividend
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BEL shares jump 5% in fag-end trade; brokerage highlights strong growth visibility

Overview

  • BEL confirmed a final dividend of Re 0.90 per share, payable on September 23, with August 14 as the record date.
  • Q1 FY26 revenue rose 5.2% year on year to Rs 4,416.83 crore, with PBT up 24% to Rs 1,289.24 crore and PAT up nearly 25% to Rs 969.13 crore.
  • The order book stands at Rs 74,859 crore, about 3.1 times FY25 revenue, and management guides for over Rs 27,000 crore of FY26 order inflows.
  • A potential QRSAM award could add roughly Rs 30,000 crore to the backlog if it is granted by Q4 FY26, according to brokerage reporting.
  • The stock climbed 4.26% to close at Rs 388 on September 10 after Choice Institutional Equities reiterated a Buy with a Rs 500 target, valuing BEL at 40x FY27/28 average EPS.