BEL

What Bharat Electronics promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 32 tracked 6 delivered 5 missed 21 open
  • Next-Gen Corvettes (NGC) Subsystem Orders went quiet said Q3 FY25 Promised: INR 14,000-15,000 crores in FY26 Q1 FY27: No specific update on the final FY26 order value for NGC. The topic remains unaddressed.
  • QRSAM Order Finalization delayed said Q2 FY25 Promised: RFP expected Q1 FY26 Q1 FY27: The June-end deadline was missed. Management now states the order may come by Q1/Q2, 'maximum by September we will get and I am still sticking to that.'
  • FY26 Revenue Growth delivered said Q4 FY25 Promised: around 15% for FY26 Q4 FY26: Achieved 16.16% revenue growth for the full year FY26, meeting the guidance.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 32 tracked commitments for Bharat Electronics — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens