)
Bharat Electronics (500049) investor relations material
Bharat Electronics Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue from operations up to Q3 FY26 reached INR 17,302 crore, a 19% year-over-year increase, with profit before tax at INR 5,171 crore (up 22%) and profit after tax at INR 3,845 crore (up 21%).
Q3 FY 2025-26 revenue grew 23.73% year-over-year to ₹7,121.98 crore, with profit before tax at ₹2,147.68 crore (up 22.43%) and profit after tax at ₹1,590.06 crore (up 20.82%).
Order book as of late January 2026 stands at INR 73,450 crore, with order inflows of INR 19,300 crore so far in FY26.
EBITDA margin improved to 30% up to Q3, compared to 28% last year, and EPS rose to INR 5.26 from INR 4.36.
Financial highlights
Standalone revenue from operations for nine months: ₹17,30,246 lakh; profit before tax: ₹5,17,122 lakh; profit after tax: ₹3,84,532 lakh.
Consolidated revenue from operations for nine months: ₹17,38,568 lakh; consolidated profit after tax: ₹3,83,591 lakh.
Cumulative other expenses for nine months increased, mainly due to higher provisions for doubtful debts (INR 709 crore vs. INR 598 crore last year).
Provision write-backs in the quarter totaled INR 256 crore.
Other income declined 16% year-over-year, primarily due to lower interest income and absence of forex gains.
Cash and bank balance at the end of Q3 FY26 is over INR 7,000 crore.
Outlook and guidance
Management maintains FY26 guidance: revenue growth above 15%, EBITDA margin at 27%, and order inflow exceeding INR 27,000 crore.
Guidance includes partial NGC order inflow (INR 3,000–4,000 crore in FY26, remainder in H1 FY27).
Margin guidance remains at 27% for FY26, despite higher YTD margins, due to expected product mix changes in Q4.
Order pipeline supports 15%+ annual growth for the next 3–4 years, with several large projects expected.
R&D investment target for FY26 is INR 1,700+ crore, with 20%+ annual growth planned.
- TimeTickerHeadlineOpen
- 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and robust acquisitions. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway. - 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRI
Revenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects. - 6 FebTUPRS
Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position.
Next Bharat Electronics earnings date
Next Bharat Electronics earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)