Bharat Electronics Q4 FY26 results (Jan–Mar 2026) and concall

Capital Goods · Concall AI · Call held 20 May 2026

Company page: Bharat Electronics share price, financials & guidance record

Bharat Electronics Limited reported a strong Q4 FY26, with revenue growing 16.16% to INR27,480 crores and PAT increasing 14.37% to INR6,048 crores. The company's EBITDA margin expanded to 30%, and the order book remained robust at INR73,882 crores. Management provided an optimistic outlook for FY27, targeting over 15% revenue growth and over INR55,000 crores in order inflow, while acknowledging minor supply chain disruptions and increased receivables in FY26.

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What they filed

Q4 FY26: revenue up 11.6%, net profit up 4.7% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	4,583	5,756	9,120	4,417	5,764 +26%	7,122 +24%	10,177 +12%
Expenses	3,195	4,103	6,331	3,177	4,068	5,004	7,215
EBITDA	1,389	1,653	2,789	1,240	1,695 +22%	2,118 +28%	2,962 +6%
Margin	30%	29%	31%	28%	29%	30%	29%
Other income	167	205	194	164	159	160	108
Interest	1	1	6	1	2	2	2
Depreciation	103	103	130	113	118	127	165
Profit before tax	1,451	1,754	2,848	1,289	1,734 +20%	2,148 +22%	2,904 +2%
Tax rate	25%	25%	26%	25%	26%	26%	24%
Net profit	1,091	1,316	2,105	969	1,286 +18%	1,590 +21%	2,203 +5%
EPS	1.49	1.80	2.88	1.33	1.76	2.18	3.01

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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