Bharat Electronics stock: H1 orders stand at INR 68,717 crore

Published on 11/11/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bharat Electronics stock remains in focus after strong first-half growth. Management kept its FY27 order-inflow and revenue goals unchanged.

Growth and order visibility

Bharat Electronics reported strong first-half growth and maintained its FY27 operating targets.
The order book provides visibility across more than 300 projects.
Further order wins and project execution remain key factors for the stock.

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Bharat Electronics stock remained in focus on Wednesday, November 11, 2026, after Angel One reported that the defence electronics company had maintained its FY27 targets following strong first-half operating performance. The report said revenue from operations rose 25.97 percent year on year to INR 12,824 crore in the first half, while profit after tax increased 14.80 percent to INR 2,589 crore.

Growth and order visibility

Bharat Electronics held an order book of INR 68,717 crore as of October 1, spanning more than 300 projects. The company had secured INR 7,334 crore of orders for FY27 by that date, supporting revenue visibility while execution remains the central operational focus.

Management reiterated FY27 order-inflow guidance of INR 25,000 crore excluding the QRSAM programme and INR 55,000 crore including QRSAM. It also outlined research and development spending of more than INR 2,200 crore and capital expenditure of INR 1,200 crore.

What investors should watch

The first-half figures point to continued demand for Bharat Electronics' defence systems, but the next leg of growth depends on converting the order pipeline into deliveries. Investors will therefore focus on fresh awards, project execution and whether the company can sustain its stated revenue and margin objectives.