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February 10, 2016 8:42 AM 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: 59
Total Annual Compensation: $3.7M
Director of Other Units, Whole Time Director, Member of Share Transfer Committee, Member of Stakeholders' Relationship Committee, Member of Investment Committee, Member of Capital Investment Committee, Member of Appointments Committee and Member of Corporate Social Responsibility Committee
Total Annual Compensation: $3.0M
Director of Research & Development, Whole Time Director, Member of R&D Committee and Member of Appointments Committee
Total Annual Compensation: $3.0M
Compensation as of Fiscal Year 2015.

Bharat Electronics Limited Key Developments

Bharat Electronics Ltd Appoints Sharad Sanghi as Part Time Non-Official Director

Bharat Electronics Ltd. announced that the Government has appointed Mr. Sharad Sanghi as Part time Non-official Director on the Board of the Company.

Bharat Electronics Limited Announces an Interim Dividend for the Year 2015-2016

Bharat Electronics Limited announced an interim dividend of INR 2.50 per share for the year 2015-2016, at its Board Meeting held on January 27, 2016.

Bharat Electronics Limited Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015

Bharat Electronics Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the standalone company reported net sales of INR 15,002.278 million against INR 15,816.596 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2,511.424 million against INR 2,407.074 million a year ago. Profit from ordinary activities before tax was INR 3,864.759 million against INR 3,542.436 million a year ago. Net profit was INR 2,957.090 million against INR 2,718.078 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 12.32 against INR 11.33 a year ago. Total income has decreased from INR 17,217.826 million for the quarter ended December 31, 2014 to INR 16,527.012 million for the quarter ended December 31, 2015. For the year to date, the standalone company reported net sales of INR 40,186.671 million against INR 38,441.066 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 3,404.752 million against INR 2,401.679 million a year ago. Profit from ordinary activities before tax was INR 7,385.749 million against INR 5,792.933 million a year ago. Net profit was INR 5,631.634 million against INR 4,443.759 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 23.47 against INR 18.52 a year ago.

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