NEW DELHI: Key defence Public Sector Undertakings (PSUs) including Bharat Electronics Limited (BEL) and Cochin Shipyard Limited (CSL) are set to announce their Q3 FY26 financial results today. Investors are closely watching these companies as analysts expect strong revenue growth for BEL and moderate performance for Cochin Shipyard.
BEL Q3 FY26 Preview
Bharat Electronics Limited, a Navratna defence PSU, is expected to post a strong quarterly performance.
Revenue is likely to grow 16 to 25 percent year on year, supported by execution of a substantial order book of over 74,500 crore rupees. Net profit is expected to rise 12 to 20 percent, reflecting operational efficiency. Operating margins are anticipated to remain around 28 percent. Investors will watch updates on major orders for aircraft subsystems, radars, and missile systems.
Cochin Shipyard Q3 FY26 Preview
Cochin Shipyard Limited is expected to report modest revenue growth, but profit after tax may face some pressure compared to the previous year. The company’s interim dividend is also likely to be announced. Investors will focus on ship deliveries, order book updates, and cost management.
Other Defence PSUs
Garden Reach Shipbuilders and Engineers (GRSE) is another key defence PSU reporting results soon. Analysts expect strong growth in both revenue and profit, highlighting robust execution in shipbuilding and defence contracts.
Investor Focus
For BEL, the key areas include revenue and profit growth, order book updates, and operating margins. For Cochin Shipyard, investors will watch profitability, interim dividend, and delivery schedules. GRSE and other defence PSUs will provide insights into sector trends and government contracts.