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Bharat Electronics Limited · BEL
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Bharat Electronics Limited has submitted its Business Responsibility & Sustainability Report for FY 2025-26, as required by SEBI regulations.
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Full Announcement
Bharat Electronics Limited has informed the Exchange about BRSR Report for FY 2025-26
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Mt, 4$Klg- 400051 Bharat Electronics Limited
Mumbai, Maharashtra- 400051
(Govt,ofIndiaEnterprise,MinistryofDefence)
MM/ Symbol: BEL RegisteredOffice:OuterRingRoad,
*T.No.
17565/6/SE/NSEC/SEC
Nagavara,Bangalore-560045,INDIA.
CIN:L32309KA1954GOI000787
MM / To, tcftfcrcr/Telefax :+91(80)25039266
fr.i^r.f. BSE Limited #-WE-mail :secretary@bel.co.in
^r/Web :www.bel-india.in
<fM.ZTM,
P JTowers, Dalai Street,
400001,
(cid:127)H^KIg
Mumbai- 400001,Maharashtra.
fMrMs/Scrip Code: 500049
t .No. 17565/4/SE/MUMC/SEC
fMM/ Date:05.08.2026
/*Tf[tTTr,
Dear
Sir/Madam,
(M-M- fMrM2025-26 <uPMMfMs «fhdi RH1 <£
Sub: Business Responsibility &Sustainability Report for the FY 2025-26.
Mr f^fMrt, 2015 % MMR- 34 % dKd*-
t, fMr M 2025-26 TrMTfr
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Pursuant to Regulation 34 of the SEBI (LODR) Regulations, 2015, please find enclosed
herewith Business Responsibility &Sustainability Report for the FY 2025-26.
^ddl T3 1
This is for your information and record.
^rsRTTTT / Thanking you,
<rMM/Yours faithfully,
MTSMTFT
For Bharat Electronics Limited
MMTFT/ S Sreenivas
TMTMM/Company Secretary
Mrcr-^HTT '3M<i- d> i
Ends: As stated above.
Integrated Annual Report 2025-26
Annexure-6
Business Responsibility & Sustainability Report
Section A: General Disclosures
I. Details of the listed entity:
1. Corporate Identity Number (CIN) of the Listed Entity L32309KA1954GOI000787
2. Name of the Listed Entity Bharat Electronics Limited
3. Year of Incorporation 1954
4. Registered office address Outer Ring Road, Nagavara, Bengaluru -560045.
5. Corporate address Outer Ring Road, Nagavara, Bengaluru -560045.
6. E-mail secretary@bel.co.in
7. Telephone +91 080-25039300
8. Website www.bel-india.in
9. Financial year for which reporting is being done 2025-26
10. Name of the Stock Exchange(s) of where shares are listed 1. BSE Limited
2. National Stock Exchange India Limited
11. Paid-up Capital `7,30,97,78,829
12. Name and contact details (telephone, email address) of the person Mr S Sreenivas
who may be contacted in case of any queries on the BRSR report: Company Secretary
Bharat Electronics Limited
Regd. & Corp. Office, Outer Ring Road,
Nagavara, Bengaluru – 560045
Telephone No.: +91 080-25039266
E-mail: secretary@bel.co.in
13. Reporting boundary - Are the disclosures under this report made Standalone basis
on a standalone basis (i.e. only for the entity) or on a consolidated
basis (i.e. for the entity and all the entities which form a part of its
consolidated financial statements, taken together)
14. Name of assessment or assurance provider Sustainability Actions Private Limited
15. Type of assessment or assurance obtained Reasonable assurance
II. Products/services:
16. Details of business activities (accounting for 90% of the turnover):
Sl. Description of Main Description of % of Turnover of the
No. Activity Business Activity entity
1 Manufacturing Designing & development, engineering, manufacturing and sale 90%
of wide range of strategic electronic products and systems
2 Services Installation & commissioning repairs and maintenance, AMC, 10%
product upgrade contracts for products/ systems delivered by the
Company
01-68 Corporate 69-171 Statutory 172-381 Financial
Annexure-6 Overview Reports Statements
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
Product/Service NIC Code % of total Turnover contributed
1 Communication Systems/C4I 2630 30
2 Radar & Fire Control System 2651 17
3 Electronic Warfare Systems 2008 23
4 Weapon Systems 2927 20
III. Operations:
18. Number of locations where plants and/or operations/offices of the entity are situated:
Location Number of plants Number of offices Total
National 09 38 47
International 0 3 3
19. Markets served by the entity:
a. Number of locations
Locations Number
National (No. of States) 36*
International (No. of Countries) 13
* 28 States and 8 Union Territories. Our product reach covers the entire Indian Territory through our Defence Forces / Non-Defence Customers.
b. What is the contribution of exports as a percentage of the total turnover of the entity?
4.99%
c. A brief on types of customers
The Company’s customer base comprises the Indian Armed Forces (Army, Navy and Air Force), Paramilitary, Coast Guard,
Government agencies, Public Sector Undertakings (PSUs), private sector entities, Original Equipment Manufacturers
(OEMs), foreign governments and the Ministry of Defence of the friendly foreign countries.
IV. Employees
20. Details as at the end of Financial Year:
a. Employees and workers (including differently abled):
Sl. Total Male Female
Particulars
No. (A) No.(B) % (B/A) No.(C) % (C/A)
Employees
1. Permanent (D) 7,074 5,610 79.30% 1,464 20.70%
2. Other than Permanent (E) 5,370 4,031 75.07% 1,339 24.93%
3. Total employees (D + E) 12,444 9,641 77.48% 2,803 22.52%
Workers
4. Permanent (F) 2,346 1,784 76.04% 562 23.96%
5. Other than Permanent (G) 6,761 5,502 81.38% 1,259 18.62%
6. Total workers (F + G) 9,107 7,286 80.00% 1,821 20.00%
Note: During FY 2024-25, count of Non-Executives & Contract workmen were considered under “Employees” in addition
to being indicated under “Workers”. However, for FY 2025-26, in order to avoid double counting, the count of non-
executives and contract workmen have been excluded from the count in “Employees” category and indicated only under
the “Workers” category. The same logic has been used across the BRSR data provided.
Integrated Annual Report 2025-26
b. Differently abled Employees and workers:
Sl. Male Female
Particulars Total (A)
No. No. (B) % (B/A) No.(C) % (C/A)
Differently abled Employees
1. Permanent (D) 130 115 88.46% 15 11.54%
2. Other than Permanent (E) 32 27 84.38% 5 15.63%
3. Total differently abled employees (D+E) 162 142 87.65% 20 12.35%
Differently abled Workers
4. Permanent (F) 78 57 73.08% 21 26.92%
5. Other than Permanent (G) 55 45 81.82% 10 18.18%
6. Total differently abled workers (F+G) 133 102 76.69% 31 23.31%
21. Participation/Inclusion/Representation of women:
Total No. and percentage of Females
(A) No. (B) % (B / A)
Board of Directors 12 Nil 0.00
Key Management Personnel 1* Nil 0.00
*KMP (CS) excluding Chairman & Managing Director and Director (Finance) & CFO who are part of Board.
22. Turnover rate for permanent employees and workers:
FY 2025-26 FY 2024-25 FY 2023-24
Male Female Total Male Female Total Male Female Total
Permanent Employees 5.57 4.28 5.30 2.00 0.48 2.48 1.54 0.49 2.03
Permanent Workers 5.34 9.56 6.39 1.36 0.04 1.40 0.97 0.23 1.20
Note: Exits (Resignation, Retirement, Death & Termination) for the FY 2025-2026 is considered. Turnover of Employees is
calculated on the basis of employees in the beginning of the year and employee at the end of the year (average number
of employees)
V. Holding, Subsidiary and Associate Companies (including joint ventures):
23. (a) Names of holding / subsidiary / associate companies / joint ventures
Indicate whether Does the entity indicated at
% of shares
holding/ column A, participate in the
Sl. Name of the holding/ subsidiary/ associate held by
Subsidiary/ Business Responsibility
No. companies/ joint ventures (A) listed
Associate/ Joint initiatives of the listed entity?
entity
Venture (Yes/No)
1 BEL Optronic Devices Limited Subsidiary 100 No
2 BEL-THALES Systems Limited Subsidiary 74 No
3 GE BE Private Limited Associate 26 No
4 Defence Innovation Organisation Associate 50 No
5 BEL IAI Aerosystems Private Limited Associate 40 No
6 Electronic Warfare (Defence) Testing Foundation Associate 40 No
7 Communication (Defence) Testing Foundation Associate 40 No
8 UAS Testing Foundation Associate 20 No
VI. CSR Details:
24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes
(ii) Turnover (in
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