{"id":1001217,"date":"2026-04-04T09:49:05","date_gmt":"2026-04-04T04:19:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1001217"},"modified":"2026-04-04T11:20:20","modified_gmt":"2026-04-04T05:50:20","slug":"bharat-electronics-nomura-sees-rs-6-lk-cr-order-windfall-by-fy27-but-maintains-neutral-heres-why","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/04\/bharat-electronics-nomura-sees-rs-6-lk-cr-order-windfall-by-fy27-but-maintains-neutral-heres-why\/","title":{"rendered":"Bharat Electronics: Nomura sees Rs 6 lk cr order windfall by FY27 but maintains \u2018Neutral\u2019 \u2013 Here\u2019s why"},"content":{"rendered":"<p>Bharat Electronics has delivered stronger than expected order inflows in FY26, even as execution remains broadly in line with estimates. Nomura has retained its Neutral stance on the stock with a target price of Rs 454, implying an upside of 11%. <\/p>\n<p>The brokerage house noted that order inflows came in at Rs 3,00,700 crore against its estimate and company guidance of Rs 2,70,000 crore, supported by large defence contracts across avionics, radar systems and missile-related equipment. Revenue for FY26 stood at Rs 2,67,500 crore, up 16%, while profitability trends remain steady. The firm expects earnings growth to continue, though valuation remains a sticking point.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Electronics has delivered stronger than expected order inflows in FY26, even as execution remains broadly in line with estimates. Nomura has retained its Neutral stance on the stock with a target price of Rs 454, implying an upside of 11%. The brokerage house noted that order inflows came in at Rs 3,00,700 crore against its estimate and company guidance of Rs 2,70,000 crore, supported by large defence contracts across avionics, radar systems and missile-related equipment. Revenue for FY26 stood at Rs 2,67,500 crore, up 16%, while profitability trends remain steady. The firm expects earnings growth to continue, though valuation [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1001217","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1001217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1001217"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1001217\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1001217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1001217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1001217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}