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Navaratna DPSU Bharat Electronics Limited (BEL) today signed a contract for a value of Rs.2,167.47 Crs plus taxes with the Indian Navy for supply of state-of-the-art, indigenously designed and developed EW suite for use onboard warship. This EW suite is a big leap for BEL’s Aatmanirbhar Bharat initiative.

The company has also received additional orders worth Rs.114.59 Crs since the last disclosure on 30 th January 2024 and these orders pertain to the supply of SDRs, HD VLF receivers, EVMs, etc.

With the above, BEL has received cumulative orders of Rs.30,776.06 Crs in the current financial year.

Mr Dinesh Kumar, IAS, JS & AM (MS), MoD, and Mr KV Suresh Kumar, Director (Marketing), BEL, display the contract signed today between BEL and Indian Navy, in the presence of senior Navy and BEL officers.

Bharat Electronics Limited (BEL) has signed Contract with Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, Govt of India on 30 th January 2024 for implementation & management of IT infrastructure. The value of the contract, won through open bidding, is Rs. 665.84 crores plus taxes. The scope of the project is to supply, install and maintain IT & networking infra, field IT support and centralised management and monitoring. Maintenance support will be provided for 5 years inclusive of implementation period. This is one of the biggest Civilian Projects acquired on competitive basis by BEL during the current financial year.

BEL has also received additional orders worth Rs. 182 Cr towards miscellaneous spares & services since last disclosure on 17 th Jan 24.

With the above BEL has received cumulative orders of Rs. 28494 Cr in the current financial year.

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs. 4120.10 Cr, registering a growth of 1.83% during 3 rd Quarter of FY 2023-24 over the Turnover of Rs. 4046.11 Cr recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during 3 rd Quarter of FY 2023-24 stood at Rs. 1172.26 Cr, with a growth of 46.45% over the Profit Before Tax (PBT) of Rs. 800.43 Cr recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during 3 rd Quarter of FY 2023-24 stood at Rs. 893.30 Cr, with a growth of 49.19% over the Profit After Tax (PAT) of Rs. 598.77 Cr recorded in the corresponding period of the previous year.

Up to 3 rd Quarter of FY 2023-24, BEL achieved a Turnover of Rs. 11484.92 Cr as against Rs. 11005.89 Cr recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) has increased to Rs. 2948.95 Cr from Rs. 2203.39 Cr recorded in the corresponding period of the previous year. The Profit After Tax (PAT) has increased to Rs. 2236.48 Cr from Rs. 1641.31 Cr recorded in the corresponding period of the previous year.

The Board of Directors in their meeting held on 29 th January 2024 declared Interim Dividend of Rs. 0.70 paise per equity share (on face value of Rs 1/- each). The said dividend will be payable to the eligible shareholders holding shares as on the record date, i.e. 10 th February 2024.

The order book position of the company as on 1 st January, 2024, stood at Rs. 76217 Cr.

Navratna DPSU Bharat Electronics Limited (BEL) has received an order from Mazagon Dock Shipbuilders Ltd for a value of Rs.695 Crore for supply of spares related to missile systems.

The company has also received additional orders worth Rs.339.31 Crore since the last disclosure on 26 th Dec 2023 and these orders pertain to Combat Management System, Composite Communication System, Transmit / Receive Modules, Mobile Autonomous Stabilization System and other spares / services.

With the above, BEL has received cumulative orders of Rs.27,647.31 Crore in the current financial year.

Navratna Defence PSU Bharat Electronics Ltd (BEL) has joined hands with the Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi to translate breakthroughs in Naval Deep Tech research being carried out at CARE – IIT Delhi, into products for Indian Navy. BEL and IIT Delhi today signed an MoU for R&D collaborations in various emerging technologies, as envisaged by the Indian Navy’s office of Naval Projects at IIT Delhi, to facilitate conversion of inventions in ongoing Deep Tech research into Naval products. The MoU was signed by Mr Manoj Jain, Director (R&D), BEL, and Prof Preeti Ranjan Panda, MD, FITT, in the presence of dignitaries from the Indian Navy and IIT Delhi.

The Naval research being carried out at CARE – IIT Delhi required some handholding from the industry, as industry partners need to be part of the research and product development from the initial stages itself to ensure smooth transition during prototype trials and production.

The entry of BEL marks the beginning of a new chapter of synergy between the industry and user-academia alliance at IIT Delhi, giving a boost to the GoI’s Atmanirbhar Bharat drive. BEL and IIT Delhi will now jointly work on core technology development with use cases in areas of interest pertinent to the Indian Navy.

BEL has expressed interest to participate in collaborations in the field of Naval Electronic Systems, including RF, Sonar systems, IMARS, Communication Systems, etc.

The Defence Secretary, Mr Giridhar Aramane, IAS, inaugurated Abhigyaan, the state-of-the-art auditorium at the Central Research Laboratory (CRL) of Navratna Defence PSU Bharat Electronics Limited (BEL) at Ghaziabad, today. Other dignitaries at the inaugural included Mr Bhanu Prakash Srivastava, CMD, BEL, Mr Manoj Jain, Director (R&D), BEL, Mr Sankarasubramanian R, Executive Director, Ghaziabad Unit of BEL, and Mr Anoop Kumar Rai, Chief Scientist, BEL CRL-Ghaziabad.

Abhigyaan will be used for product demos, symposiums, hackathons, tech talks and lectures. It can seat 250 people.

The auditorium boasts excellent acoustics, smart interfaces, a large interactive data wall (6 metre by 3.3 metre) and 3 PTZ cameras for live feed. There are also 2 high resolution displays for simultaneous presentation and demonstration. Abhigyaan will be an asset to the scientific community.

Bengaluru, December 27, 2023: Navratna Defence PSU Bharat Electronics Limited (BEL) has signed a contract for a value of Rs.445 Crore with the Uttar Pradesh Government on December 23, 2023, for next generation UP Dial 112 project. BEL will be providing comprehensive and state-of-the-art hardware, AI based software tools and Cyber Security solutions for the Dial 112 project, which is spread across the entire state of Uttar Pradesh. BEL is happy to be associated with the UP Government for this project, which is one of Asia’s biggest emergency response systems. BEL will be utilizing the ecosystem of domestic suppliers, including MSMEs for execution of this project.

The company has also received other orders worth Rs.233 Crore and these pertain to Communication Display Units, Thermal Imaging cameras and other miscellaneous spares and services.

With this, BEL has cumulatively received orders worth Rs.26,613 Crore in the current financial year, 2023-24.

About NexGen Dial 112 Project: NexGen UP Dial 112 is one of the pioneering Emergency Response Systems in India, among the largest such systems in Asia. The vision of NexGen UP Dial 112 is “to provide prompt integrated emergency response for public safety and security to all persons, anytime, anywhere in Uttar Pradesh”. The programme will serve a population base of more than 25 crores.

BEL will provide technology upgradation with 5 years’ support for NexGen UP Dial 112, which will be able to handle calls landing through multiple channels like PSTN, mobile, SMS, emails, social media channels, web portal and mobile app. It will provide better services using updated solutions and technologies. The upgraded system can receive approximately 1,50,000 calls per day.

As part of this project, BEL will provide AI based and cloud-ready software applications for the Contact Center, Multimedia Services, Computer Aided Dispatch, Map Services, location-based tracking, Business Intelligence, etc. BEL will also provide IT, Networking and Cyber Security Hardware and solutions.

Bengaluru, December 22, 2023: Navratna Defence PSU Bharat Electronics Limited (BEL) has received orders worth Rs. 2,673 Crs from Goa Shipyard Limited (Value: Rs. 1,701 Crs) and Garden Reach Shipbuilders & Engineers (Value: Rs. 972 Crs) for supply of 14 types of sensors for use on Next Generation Offshore Patrol Vessels (NGOPV). This will have the participation of electronics and associated industries including MSMEs, which are sub-vendors of BEL. The equipment manufactured by BEL are part of the ‘Atmanirbhar Bharat’ programme.

The company has also received additional orders worth Rs 86.15 Crs since the last disclosure on December 15, 2023, and the said orders pertain to miscellaneous Spares & Services.

With the above, BEL has bagged cumulative orders of worth Rs. 25,935.15 Crs till now in the current financial year.

Navratna Defence PSU Bharat Electronics Limited (BEL) has received an order of Rs. 4,522.25 Crore ( *Rs. 5336.25 Crores including taxes)* from the Indian Army for the supply of Fuses for various calibres. This contract has been signed on December 15, 2023, by Maj Gen Gurpreet Singh Choudhry, SM, VSM [JS (Army & TA)/DMA] & Shri Bhanu Prakash Srivastava, CMD, BEL, in the presence of Vice Admiral Atul Anand, AVSM, VSM, Additional Secretary (DMA). Indigenisation of critical technologies is the key requirement of the tender.

This project will have the participation of Indian Electronics and associated Industries, including MSMEs which are sub-vendors of BEL. The equipment manufactured by BEL are part of the ‘Atmanirbhar Bharat’ programme.

The company has also received additional orders worth Rs 356 Crores since the last disclosure on 6th December 2023 and the said orders pertain to other products like EW (Electronic Warfare) Testers, Medical Systems (Exports), Consumables and Batteries for Electronic Voting Machines (EVMs), Night Vision Devices Spares and Services.

With the above, BEL has cumulatively received orders worth Rs.23,176 Crores (excl. taxes) in the current financial year 2023-24.

Bengaluru, December 6, 2023: Bharat Electronics Limited received an order of Rs 580 Crore from Indian Army for AMC of Radars. This project will have participation of Indian electronics and associated industries, including MSMEs, which are sub-vendors of BEL.

The Company has also received additional orders worth Rs 3,335 Crore since the last disclosure on 15 th Sept 2023 and the said orders pertain to AMC for AEW&C system (Airborne Early Warning & Control), Uncooled TI sights, Software Defined Radios, SWIR pay load, AMC for IACCS, Passive Night Vision Binoculars etc.

All the equipment manufactured by BEL are part of ‘Aatmanirbhar Bharat’ program.

With the above, cumulatively BEL has received orders worth Rs 18,298 Crore in the current financial year 2023-24.