New Delhi: Navratna defence PSU Bharat Electronics Limited (BEL) has announced that its Board of Directors will meet on May 19, 2025, to consider the audited financial results for the quarter and full year ended March 31, 2025, and to recommend a final dividend for FY25.
In an exchange filing on Monday, BEL stated, “A meeting of the Board of Directors of the Company is scheduled to be held on Monday, May 19, 2025, to consider and approve, inter alia, the Audited Standalone & Consolidated Financial Results for the quarter and year ended March 31, 2025, and also to consider the recommendation of final dividend for FY 2024-25.”
Q4 Preview: Solid Profit and Revenue Growth Expected
According to Kotak Institutional Equities (KIE), BEL’s profit after tax (PAT) for Q4 FY25 is expected to rise 5.9% YoY to ₹1,903 crore, compared to ₹1,797 crore in the same quarter last year. Sequentially, this would represent a 45% jump.
KIE also projects net sales to grow 6% YoY and 57.3% QoQ, reaching ₹9,080 crore. However, order inflow in Q4 has remained muted at ₹89,000 crore – achieving only 75% of the company’s full-year guidance.
BEL’s EBITDA margin is estimated at ~27.5% for Q4, outperforming the firm’s guidance of 25%, thanks to strong performance in the first nine months of FY25.
FY25 Revenue Performance and Dividend Outlook
BEL achieved a turnover of ₹23,000 crore in FY25, up 16% from ₹19,820 crore in the previous fiscal. Despite this, the company fell short of its ₹25,000 crore revenue guidance.
BEL has a solid track record of dividend payouts. Over the past 12 months, it declared ₹2.30 per share, with the most recent dividend being ₹1.50 per share, recorded on March 11, 2025. At current stock levels, the dividend yield stands at 0.73%.