Upcoming IPOs: Milky Mist Dairy Food, Dhoot Transmission, Molbio Diagnostics & 5 Others Set to Open Next Week; 8 Listings Scheduled

The Indian primary market is gearing up for a busy week ahead. Multiple mainboard and SME issues are scheduled to open for subscription between August 10 and 14, 2026, while several companies are expected to make their stock market debut. Here is a complete look at the key IPOs opening next week and the listings lined up. Mainboard IPOs Opening Next Week 1. Dhoot Transmission The largest issue of the week, Dhoot Transmission aims to raise approximately ₹3,067 crore. The price band is set at ₹829–871 per share. Bidding opens on August 10 and closes on August 12. The issue includes a fresh component of ₹1,400 crore and an offer for sale of about ₹1,667 crore. Minimum lot size is 17 shares (around ₹14,807 at the upper end). Listing is tentatively scheduled for August 17. 2. Molbio Diagnostics Molbio Diagnostics will open on August 10 and close on August 12. The issue size is around ₹940 crore (₹200 crore fresh issue + ₹740 crore OFS). Price band: ₹768–807. Lot size is 18 shares (mi...

BEL Q3FY25 Results: Net Profit Jumps 47% YoY to ₹1,316 Cr, Revenue Soars 37%; Stock Rallies 4%

 


Bharat Electronics Limited (BEL), a Navratna Defence PSU, has reported a strong financial performance for the third quarter of FY25, with its profit after tax (PAT) rising 47% year-on-year (YoY) to ₹1,316 crore, compared to ₹895 crore in Q3FY24. The company’s revenue from operations surged by 37% YoY, reaching ₹5,643.25 crore, as against ₹4,120.10 crore in the same period last year.

Robust Profit Growth & Operational Performance

BEL's profit before tax (PBT) stood at ₹1,754.15 crore, marking an impressive 49.64% YoY growth from ₹1,172.26 crore in Q3FY24. This reflects the company’s operational efficiency, strong order execution, and continued demand for its defence and electronic solutions.

Stock Performance & Market Capitalization

Following the strong Q3 earnings, BEL’s stock jumped 4% intraday, reflecting investor optimism. The company holds a market capitalization of ₹2,03,760 crore, with a current share price of ₹279. The stock has traded between a 52-week high of ₹340 and a low of ₹172, highlighting its significant price movement over the past year.

Valuation Metrics & Financial Strength

BEL is currently trading at a price-to-earnings (P/E) ratio of 40.8, indicating investor confidence in its future earnings growth. The company's return on capital employed (ROCE) stands at 34.6%, while its return on equity (ROE) is 26.3%, showcasing strong profitability. BEL’s book value per share is ₹24.2, and the stock offers a dividend yield of 0.79%, making it an attractive option for both growth and income-focused investors.

Key Growth Drivers & Future Outlook

BEL’s robust performance is driven by increased defence spending, strong order inflows, and growing exports in the electronics and radar systems segments. As a key player in India’s defence modernization, the company continues to benefit from government initiatives such as ‘Make in India’ and Atmanirbhar Bharat, which focus on domestic defence manufacturing.

With a strong order book, ongoing R&D investments, and a growing presence in non-defence sectors like space and cybersecurity, BEL is well-positioned for continued growth. Investors should watch for new contract wins, margin improvements, and global expansion efforts as key indicators of future performance.

Conclusion

BEL’s stellar Q3FY25 results reaffirm its strong market position and growth trajectory. With rising defence allocations and increasing demand for advanced electronic systems, the company is poised for sustained long-term growth. Given its strong fundamentals, consistent profitability, and government backing, BEL remains a top pick in India’s defence and electronics sector.

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