๐
As of 31st March 2025 | ๐ CMP: โน362 | ๐ข PSU | Defense Electronics Leader
โ๏ธ Prepared by: Profit From IT โ Investment Research Desk
Revenue (FY25): โน23,024 Cr โฌ๏ธ 16.2% YoY
PAT (FY25): โน5,288 Cr โฌ๏ธ 31.6% YoY
Order Book (as of 1st Apr 2025): โน71,650 Cr ๐ข
Order Inflow: Significant with strategic wins across radar systems, defence electronics, and communication projects.
๐ Near-Term Outlook:
Strong execution capability and zero-debt position provide resilience in a rising interest rate environment.
Strategic orders from the Ministry of Defence ensure predictable revenue visibility.
๐ Long-Term Outlook:
โน71,650 Cr order book offers 3-year revenue visibility.
Focus on exports, R&D, and indigenization aligns with Make-in-India & Atmanirbhar Bharat themes.
Growth drivers: radar systems, naval systems, missile systems, and cyber-security solutions.
Delay in defence budget allocation or procurement clearances.
Execution risk in high-tech, large-scale orders.
This analysis is prepared for educational purposes only. It does not constitute investment advice or a recommendation.