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*t.No. 17565/4/SE/MUMC/SEC fÿF/ Date: 28.09.2021

/ HfMl, Dear Sir/Madam,

f%ÿT: ²⁸ Rld,«K, ²⁰²¹ ftÿwf ÿtTjf jfj;jjjOfft ^I Sub: Presentations Made at Analysts Meet held on 28th September, 2021.

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In continuation to our earlier letter dated 6th September, 2021 please find enclosed herewith copy of the presentation made at Analysts Meet held on 28 1h September, 2021. The same is also being put on Company's website as per the provisions of the SEBI (LODR) Regulations, 2015.

This is for your information and record.

/ Thanking you,

/ Yours faithfully,

ft *<S«ÿTR+« RiRÿU

wft / Company Secretary

W End: As stated above.

Analyst Meet - 2021 Bharat Electronics Limited

28th Sep, 2021

BEL Overview

Navratna PSU

Established in 1954 under Ministry of Defence
R&D / Technology driven Company operating in Strategic Electronics in Defence & non defence segments
61st among top 100 Companies Worldwide in Defence Revenue (Defence News Top 100 2021, USA)
62nd among top 100 arms-producing and military services companies in the world excluding China (Stockholm International Peace Research Institute (SIPRI)
9043 employees, of which 4999 are Engineers. Close to 50% in R&D (June 2021)

Facilities

Nine Factories all over India having 24 Strategic Business Units
Two Central Research Laboratories at Bengaluru and Ghaziabad
One Product Development and Innovation Centre at Bengaluru

Subsidiary & JVs

Office Network

Overseas Offices:

USA (New York), Singapore, Oman, Sri Lanka, Vietnam, Myanmar (Shortly opening offices in Nigeria, Brazil, Kazakhstan & Armenia)

Marketing /Regional/Liaison Offices:

Bengaluru, Delhi, Mumbai, Visakhapatnam, Kolkata, Nagpur, Agra

Product Support Centers:

Delhi, Kochi, Guwahati, Kolkata, Port Blair, Mumbai, Visakhapatnam, Karwar, Jammu, Chandigarh, Allahabad, Jodhpur, Sulur, Bhatinda, Wadsar & Bagdogra.

Subsidiary Companies:

BEL Optronics Devices Ltd Night Vision Image Intensifier tubes
BEL Thales Systems Ltd Civil Air Traffic Management Radars and select Defence Radars

Joint Ventures:

• GE BE Pvt Ltd – Medical Electronics Parts, X-Ray Tubes

Business Segments

Multi product, Multi technology company – Diverse product range

Areas of Diversification

Research & Development (R&D)

50% Engineering Manpower deployed in R&D
79% Sales Revenue from Indigenous R&D
R&D investment: Rs. 873 Crs during 2020-21
Companies, Institutions, Academia /Experts/Consultants & Start-ups (Collaborative R&D with Partnerships)
CMMi Level-5 Certification for Software development
Largest Development/Production Partner of DRDO
Patents Application Filed 459 Patents, Granted 15

Central Research Labs (2 Centers)		Blue Sky Research (Futuristic Technologies) (Radio Frequency & Microwave; Embedded Computing System; Radar Signal Processing; Communication (Software Defined Radio & Wireless); Network Centric Software; Sensor Signal Processing; Very Large Scale Integration; Smart Computing System; Networking; Sensor Data Fusion; AI ; Robotics
Product Development & Innovation Center		Core Technology Module development Groups (Defence Software; Encryption; Radio Frequency; Microwave; Radar Signal Processing; Power Supply; Control Electronics, Embedded System; Computing Elements; Electro Optics, Communications)
Development & Engineering Groups (22 Centers)		Products & Systems development

Expansion & Modernization

Plants / Centres: to address manufacturing needs & R&D

Nimmaluru, AP : Advance EO Systems
Palasamudram, AP: Missile / Seekers
PDIC Bangalore: R&D Initiatives
Ibrahimpatnam, Hyd: EW Systems

Investments to address Diversification Initiatives

Land in Aerospace park, Devanahalli: Space, Unmanned Systems, Solar, etc.
Land in Nagpur: Explosive handling for Fuzes
RPSC Centres : AMC / Warranty Services.

Ongoing CAPEX Projects: Rs 1800 Cr

Exports

Dedicated Marketing Group for Exports
Achieved USD 51.93 Million during the year 2020-21.
Export Initiatives:
Collaborated with new partners in Kenya, Chile, Suriname, Malaysia, Nepal & Bangladesh.
Resource sharing Cooperation Partnership with OFB for marketing through BEL's overseas representative/marketing offices to quickly expand geo-spatial reach (18 Countries)
With an intention to create strong support within the country BEL has planned strategic alliance with the Indian Platform Manufacturers and initiated discussions and process for signing Agreements with the major Indian Platform manufacturers
Major products exported:
Coastal Surveillance System, Communication Equipment's, Data Link, IFF – Interrogator, Radar Finger Printing System, TR Modules, Low Band Receiver LRUs, Mechanical Parts (Contract Manufacturing Services), EOS, Cable Looms, Radar Spares, Sub Assemblies of Missile Systems, Power Source Electronic Fuze's, etc.
Major countries:
USA, France, Germany, Switzerland, Turkey, Armenia, Srilanka, Sweden, Israel, Indonesia, Seychelles, Myanmar, Maldives, etc.

Long Range Surface to Air Missile System

ICU Ventilator System

Integrated Air Command &

Control System Akash Missile System

Thermal Imaging Sight

Smart City Business

Shakti Phase III

CSS Phase II

Software Defined Radio

New Products Introduced in 2020-21

Maareech Advanced Torpedo Decoy System (ATDS)
Low profile Ku Band SOTM
Instant Fire Detection and Suppression System (IFDSS FICV/T90/T70)
Indigenous ASR-MSSR for Civil Aviation
BFSR Upgrade
Mountain Version of Weapon Locating Radar (WLR)
Compact Tracking Radar for GFCS Lynx U2
CMS System for P-15B class of Ships
ASW Fleet functionalities for CMS 17 Systems

Order Book

Major Orders Received during 2020-21

AFNET
ICU Ventilators including Services
LYNX U2 Gun Fire Control System
Software Defined Radios
ATDS MAAREECH SYSTEM (N)
DMRR Upgradation

Orders Received during 2020-21 is Rs 15000 Cr.

The current Order Book is around Rs. 55800 Cr. Orders received during the year 2021-22 is around Rs 5300 Cr.

Major Projects planned during 2021-22

LRSAM (Long Range Surface to Air Missile) System
Akash Missile System (7 Sqdn)
Integrated Air Command & Control System
AFNET
Naval Equipment
Electronic Voting Machines
Integrated Perimeter Surveillance System (IPSS)
Smart City Business
Various Radars
Upgrade of Communication Equipment
Kerala Fibre Optic Network (K-FON)

Business Initiatives

Long term lease agreement signed for explosives handling/ storage at TEL Vellore.
30,000 units of ICU Ventilators delivered to GoI with ToT from Skanray, Mysore.
BEL shortlisted for RFP of productionalization of Launch vehicle (PSLV) with Industry.
Signed umbrella MoU with AAI for identified Civil Aviation products/ Systems.
Creation of new SBU for Software as a service.
Formation of new vertical, Medical Electronics Division at EM SBU, Bangalore Complex to address Medical Electronics/ Health Care products.

Business Initiatives

BG Unit & CO certified for People Capability Maturity Model (PCMM) level 3.
Green channel certification received for 41 products covering 10 SBUs.
Creation of new integration facility for Advanced Torpedo Decoy System (ATDS) Mareech at BG.
Coordinated creation of DAD Cell (Defence Accounts)/ Paying authority cell for BEL.
Digitization of statutory meetings like AGM, Investors meet through VC.
Focus on Make-II programs: 3rd generation ATGM, IRST
MoUs signed with: JSR Dynamics for Loitering Munitions, AAI for Civil Aviation segment, NCRTC for Platform Screen Doors.

'Make in India' Initiatives

692 items uploaded on MoD's Indigenization portal (Srijan). Vendors are being provided with necessary assistance upon expressing interest on Srijan Portal.
EoIs for 69 items published under Make-II, of which 30 items are in various advanced stages of indigenization.

Significant measures taken to enhance procurement through GeM.
BEL's Test facilities are being provided to Private vendors.
Vendor development programs conducted for Indian Vendors on various occasions.

Outlook for the Future

BEL to focus on R&D both in-house and collaborative Mode for increased value addition and intellectual property creation.
Enhanced Partnerships with DRDO labs, research and academic institutions, Startups as well as with niche technology companies & consultants
Thrust on Exports by expanding geo-spatial reach & partnerships.
Diversify into new and allied Business areas like Medical Electronics, Energy Storage Products including e-Charging Stations, Unmanned Systems, Space Electronics, Satellite Launch Vehicles, Solar Cells/Modules, Seekers and Missiles, Network & Cyber Security, Arms & Ammunitions to drive BEL's growth.