bharat-electronics-limited-ppt

1. Bharat Electronics limited
A Navratna Company
Panchkula

2. BEL AT A GLANCE
• Established in 1954 in bangalore Bharat Electronics Limited (BEL) is
a Government of India undertaking set up under the Ministry of
Defense
• Established primarily to meet strategic defense electronics needs of
the country.
• With nine manufacturing units located in Bangalore, Ghaziabad,
Panchkula, Kotdwara, Pune, Taloja, Hyderabad, Chennai &
Machilipatnam, Bharat Electronics commands a strong presence in
practically every vital area of professional electronics in the country.
• Awarded the coveted ISO 9000 certification, the benchmark of
international quality, QCC Award, DSIR (Dept. of Scientific &
Industrial Research) Award for Development & Engg, CII-Exim Bank
Excellence Award for Strong Commitment To Excel .

3. Contd…
• philosophy is epitomized on its motto
“Quality, Technology, Innovation”.
• With in-house R&D and state-of-art
manufacturing facilities, BEL manufactures a
wide range that encompasses Semiconductor
Devices, Professional Vacuum Tubes, Crystal
Devices, and Solar Cells & Systems

4. Mission,vision & objective
VISION
To be a world class enterprise in professional
electronics
• MISSION
• To be a customer focused,globally competitive
company in defence electronics & in other
chosen fields & products.

5. Objective
• To become a customer-driven company supplying
quality products at competitive prices at the
expected time & providing excellent support
• To achieve growth in the operations
commensurate with the growth of professional
electronics industry in the country
• To generate internal resources for financing the
investments required for modernization,
expansion & growth for ensuring a fair return to
the investor

6. Contd…
To strive for self-reliance by indigenization of materials
& components in order to meet strategic needs of
defence of the nation.
• To attain the technological leadership of the company
in defense & other chosen fields of electronics through
in-house Research & Development as well as through
partnership with the defence/research laboratories &
academic institution.
• To progressively increase overseas sales of its products
& services
• To give value for money to customers and & create
wealth for shareholders

7. Joint ventures
• BEL has established two joint ventures – with
General Electric Medical Systems, USA for X-
ray tubes & Multi tone,
• UK for paging systems & has a subsidiary
company BEL Optronic Devices Limited for the
manufacture of Image Intensifier tubes.

8. Manufacturing units of BEL across inida

9. PRODUCTS OF BEL
• Integrated circuits and micro circuits
• X-ray tubes and magnetrons
• B/W picture tubes
• HF & broadcast equipment
• Radars
• STARS-V
• SECTEL
• CNR
• HUD
• ACME MK II
• SPACE GUIDING EQUIPMENTS
• AIRBORNE GPS RECEIVER (UA-429)
• PRIME
• LUP
• SRAX
• TIDEX
• SECURE FAX
• SECURE TELEPHONE

10. PRODUCTS OF BEL
DEFENCE
Tank driving simulator
Wireless message transfer
unit

11. DEFENCE
RADARS (3 D
SURVEILLANCE
RADARS)FOR AIR DEFENCE
HANDHELD RADIO
TERMINAL
3D Mobile Radar(PSM 33
Mk II)

12. NON DEFENCE
ELECTRONIC VOTING
MACHINE
TELECOM
ISOTROPIC DOPPLER
WEATHER RADAR
TV & BROADCAST
SIMPUTERS
ELECTRONIC COMPONENTS

13. PROCEDURE FOLLOWED DURING
DECISION MAKING
• BEL has a well-defined system of decision making with adequate
channels of supervision and accountability. Proposals requiring
decisions of any nature are initiated at appropriate Executive level
at the Units/Offices and at the corporate level. Proposals generally
pass through a minimum of 3 levels before they are approved. All
proposals having financial implications are routed through
respective Finance Departments/Divisions. Powers sub-delegated to
various approving authorities are clearly spelled out in BEL’s “Sub-
Delegation of Powers”
• Document, where required, Departmental/Divisional/Unit
committees are formed to facilitate decision-making. Major policy
decisions and decisions going beyond the sub-delegation of powers
up to CMD level are put up to the Board for approval. A detailed
Organizational Chart of BEL, clearly spelling out the areas of
responsibilities at various levels, is appended herewith.

14. SWOT ANALYSIS
• STRENGTHS
• Strong R&D BASE- in- house as well as by close
association with DRDO Labs
• Well-established system & procedures
• Skilled, dedicated & motivated work force.
• Compatibility to provide lifetime product support
• WEAKNESSES
• Low risk taking ability not proactive enough
• Lack of aggressive marketing
• Dependence on defense sector

15. OPPORTUNITIES &THREATS
• System solution business
• Export through offset mechanism
• Strategic alliances
• THREATS
• Private sector participation in defense production
• Sourcing of technology- non- availability &
exorbitant cost
• Large number of international players

16. SECTION OF F&A
• PAYROLL:
• It is very important section of finance and account
department. In it basically salary is calculated. When
salary is calculated the date is consider 23rd of last
month to 22nd of current month
• When salary is calculated following item are taken
into consideration.
• BASIC SALARY
• DEARNESS ALLOWANCE (Current rate is16.9% of B/S)
• H.R.A (Current rate is 20% of B/S)
• TRAVELLING ALLOWANCE
• TIFFIN ALLOWANCE AND ETC

17. CASH SECTION
• This section deal with
• the payment through RTGS or ECS mode
made to supplier
• EMPLOYEE
• Miscellaneous expenses
• CONTRACTOR ON THE BASIS OF BILL
• Bank reconciliation

18. Sales
• Sales section
• A contract review meeting regarding the amendments in the
contract term agreement is done and upon the successful clearance
of the product sample
• sales order is made and outbound delivery is done followed by the
raising of invoice and charging of tax and excise duty charge as
applicable.
• Payment is made as per the defined procedure.
• 15% payment is rec. as an initial advance.
• 35% payment is rec. for purchasing the material.
• Another 35% payment is rec. when storage is done and completion
it to finish product.
• 10% payment is made when equipment is sent to store of the party.

19. Purchase section
• Purchase order is given
• Now goods are rec.
• Now goods are inspected.
• Now goods are accepted with invoice.
• Now G/R Pricing is made.
And then finally the payment is made.

20. Miscellaneous section
• Payment made on annual maintainance contract like
maintainance of computer and related device.
• Payment related to bill of canteen.
• Payment made on electricity payment
• Payment made on telephone bill
• Payment like suggestion given by employee.
• Payment made on delivery charges like trucks that is supply
charges like loading and unloading charges and so on.
• The payment related to above expenses is according to
term and condition of contract that is made by BEL with
this part when payment is made all terms & condition is
followed.

21. AUDITORS EVALUATION
• Its sales turnover had increased to Rs 5,550 in
2010-11 from Rs 5,220 crore in 2009-
10 registering a growth of 6.3 per cent.
• The PSU registered a growth of 77 per cent in
its exports turnover from USD 23.65 million in
2009-10 to USD 41.89 million during 2010-11.