July 26, 2016 3:07 PM ET

Aerospace and Defense

Company Overview of Bharat Electronics Limited

Company Overview

Bharat Electronics Limited manufactures and supplies electronic products for the defense services in India and internationally. Its defence products include army communication products and systems, land-based radars, naval systems, electronic warfare systems, avionics, electro optics, tank and armoured fighting vehicle electronic systems, weapon systems, C4I systems, shelters and masts, simulators, and batteries. The company’s non defence products comprise E-governance systems, homeland security, civil radars, solar products, electronic components, and telecom and broadcast systems. In addition, it offers electronic manufacturing services, such as PCB assembly and testing, precision machinin...

Outer Ring Road

Nagavara

Bengaluru,  560045

India

Founded in 1954

Phone:

91 80 2503 9300

Fax:

91 80 2503 9233

Key Executives for Bharat Electronics Limited

Chairman, Managing Director, Chairman of Corporate Social Responsibility Committee, Member of R&D Committee, Member of Investment Committee and Member of Appointments Committee
Total Annual Compensation: 3.2M
Chief Financial Officer, Director of Finance, Director, Member of R&D Committee, Member of Investment Committee, Member of Corporate Social Responsibility Committee and Member of Capital Investment Committee
Total Annual Compensation: 3.2M
Director of Human Resources, Whole Time Director, Member of Stakeholders' Relationship Committee, Member of Appointments Committee and Member of Corporate Social Responsibility Committee
Age: 60
Total Annual Compensation: 3.7M
Director of Research & Development, Whole Time Director, Member of R&D Committee and Member of Appointments Committee
Total Annual Compensation: 3.0M
Director of Marketing and Director
Total Annual Compensation: 3.0M
Compensation as of Fiscal Year 2015.

Bharat Electronics Limited Key Developments

Bharat Electronics Ltd Establishes an 8.4 MW Wind Energy Power Plant at Hanumanthappa Site, Harappanahalli

Bharat Electronics Ltd. has established an 8.4 MW wind energy power plant at Hanumanthappa site, Harappanahalli, in the Davangere district of Karnataka for captive consumption of energy for its factory at Bengaluru. The wind energy plant, installed by the Engineering Services, Bangalore Complex, BEL, in collaboration with Suzlon Energy Limited, will be inaugurated on June 2, 2016. The 8.4 MW wind energy power plant is expected to generate around 17.0 million to 18.0 million units of power per annum. This is in addition to about 9.8 million units power generated per annum by the existing 5.5 MW wind power plants of BEL. All these plants put together are expected to generate around 27.0 million – 28.0 million units in the coming years, meeting about 90% of BEL's power consumption through renewable energy resources. The estimated reduction in carbon emission per annum is around 26,500 kgs equivalent of Co2. The 2.1 MW wind turbine generator with each blade size of 47 mts in length and covering a gigantic 97-mt rotor diameter, can generate 25% - 30% more energy compared to the earlier 2.5 MW plants (5 numbers of 500 KW with a height of 50 mts and rotor diameter of 47 meters) and 3 MW plants (2 numbers of 1,500 KW with a height of 78 mts and rotor diameter of 82 mts) installed by BEL. The life of the machine is 20 years.

Bharat Electronics Limited Recommends Final Dividend for the Financial Year 2015-2016

Bharat Electronics Limited announced that in addition to the Interim dividend at the rate of INR 2.50 per share paid during the last quarter, a final dividend INR 14.50 per share for the financial year 2015-2016 has been recommended by the Board of Directors at the meeting held on May 27, 2016.

Bharat Electronics Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Standalone and Consolidated Earnings Results for the Year Ended March 31, 2016

Bharat Electronics Limited reported audited standalone earnings results for the fourth quarter and standalone and consolidated earnings results for the year ended March 31, 2016. For the quarter, on the standalone basis, net sales/income from operation was INR 31,354.163 million against INR 28,314.318 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 9,520.350 million against INR 7,499.508 million a year ago. Profit from ordinary activities before tax was INR 10,815.870 million against INR 8,873.934 million a year ago. Net profit was INR 7,945.025 million or INR 33.10 per basic and diluted share after extraordinary items (not annualized) against INR 7,228.650 million or INR 30.12 per basic and diluted share before and after extraordinary items (not annualized) a year ago.   For the year, on the standalone basis, net sales/income from operation was INR 71,540.834 million against INR 66,755.384 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 12,925.102 million against INR 9,901.187 million a year ago. Profit from ordinary activities before tax was INR 18,201.619 million against INR 14,666.867 million a year ago. Net profit was INR 13,576.659 million or INR 56.57 per basic and diluted share after extraordinary items (not annualized) against INR 11,672.409 million or INR 48.64 per basic and diluted share before and after extraordinary items (not annualized) a year ago. For the quarter, on the consolidated basis, net sales/income from operation was INR 73,827.382 million against INR 68,953.236 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 13,414.039 million against INR 10,092.105 million a year ago. Profit from ordinary activities before tax was INR 18,687.174 million against INR 15,132.656 million a year ago. Net profit was INR 13,864.876 million or INR 57.80 per basic and diluted share after extraordinary items (not annualized) against INR 11,970.476 million or INR 49.88 per basic and diluted share before and after extraordinary items (not annualized) a year ago.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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