Bharat Electronics Ltd. — Capital/Financing Update 2019

Apr 1, 2019

पंजीकत कार्यालय :

ई-मेल/E-mail

वेब/Web

(भारत सरकार का उद्यम, रक्षा मंत्रालय)

Registered Office : Outer Ring Road.

टेलीफैक्स/Telefax: +91 (80) 25039266

CIN: L32309KA1954GOI000787

Nagavara, Bangalore - 560 045, INDIA.

आउटर रिंग रोड, नागवारा, बेंगलूर - 560 045, भारत

: secretary@bel.co.in

: www.bel-india.com

Bharat Electronics Limited (Govt. of India Enterprise, Ministry of Defence)

प्रति $To$

बीएसई लि. BSE Ltd., 25वां तल, पी जे टॉवर्स Floor 25, PJ Towers, दलाल स्ट्रीट, फोर्ट Dalal Street, Fort मुंबई Mumbai - 400 001

सं. No. 17565/4/SE/MUMC/SEC दिनांक / Date: 01.04.2019

महोदय / महोदया Dear Sir/Madam,

विषय – प्रेस विज्ञप्ति Sub: Press Release.

सेबी (एलओडीआर) विनियमों, 2015 के विनियम 30 के अनुसार, 'बीईएल ने वर्ष 2018-19 के लिए रु. 11,700 करोड़ का अनंतिम विक्रयावर्त प्राप्त किया । वित्तीय वर्ष के दौरान रु. 23200 करोड़ के आदेश प्राप्त किए ।' शीर्षक की प्रेस विज्ञप्ति की एक प्रति प्रेस को जारी करने हेतु एतद्वारा संलग्न पाएं ।

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are enclosing herewith a copy of the press release titled 'BEL achieves Provisional turnover of Rs.11,700 Crores for 2018-19. Acquires orders of Rs. 23200 crores during the financial year.' being issued to the press.

सूचना व अभिलेख हेतु। This is for your information and record.

सधन्यवाद / Thanking you,

भवदीय Yours faithfully,

कृते भारत इलेक्ट्रॉनिक्स लिमिटेड For Bharat Electronics Limited

एस श्रीनिवास S Sreenivas कंपनी सचिव Company Secretary

संलग्न- यथा उपरोक्त Encls: As above

Press Release

BEL achieves Provisional turnover of Rs.11,700 Crores for 2018-19. Acquires orders of Rs. 23200 crores during the financial year.

Bengaluru, April 1, 2019: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of Rs.11,700 Crores (Provisional & Unaudited) during the Financial Year 2018-19, sustaining double digit growth (an increase of 16%) over the previous year's turnover of Rs. 10, 085 Crores

BEL,s Order Book as on 1.4.2019 is Rs.51,600 Crs. The year saw an all-time high order acquisition of Rs.23,200 Crores. Some of the major orders acquired during the year are Long Range Surface to Air Missile System, Kerala-Fibre Optics Network (K-FON), Smart City Projects, Integrated Perimeter Security Solution (IPSS), Weapon Repair Facility for Naval Ships, Naval Airfield Integrated Security System (NAISS), etc.

Some of the flagship projects executed during FY 2018-19 are Integrated Air Command & Control System (IACCS), Weapon Locating Radar (WLR), TI Sights, Schilka Upgrade, Tropo Upgrade, Integrated Communication System (ICS), Long Range Surface to Air Missile System (LRSAM), Ground Based EW System, L-70 Gun Upgrade, Electronic Voting Machines (EVM), Voter Verifiable Paper Audit Trail (VVPAT) etc.

BEL achieved Export sales of US$ 21.87 Million during FY 2018-19. Major products exported include Coastal Surveillance System Spares, Accoustic Test Facility, CoMPASS, Cable Looms, Electro Mechanical parts etc.

BEL's Chairman & Managing Director M V Gowtama said, " BEL strives to attain Selfreliance through enhanced Indigenization activities, expansion & modernization, outsourcing to Indian Industries especially SME sector etc. BEL has rolled out strategies to maximize its global outreach and increased footprint in international market segments in the coming years". All these efforts will help BEL to consolidate its market leadership position in the strategic electronics sector.

BANGALORE April 1 2019

ASHOKK S Sr DGM (CORPORATE COMMUNICATION)