Bharat Dynamics Ltd (BDL)
₹1,243.00
Mkt cap
₹45,564 Cr
P/E ratio
108.00
P/B
10.72
Div yield
0.37%
ROE
10.20%
ROCE
13.80%
EPS (TTM)
₹11.51
Book value
₹116
52W range
1,097–1,718
Sector
Industrials
Bharat Dynamics (BDL), is a Government of India Enterprise. It is engaged in the manufacturing of guided missiles and allied defence equipments [1] [2] .
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthLow
TechnicalsBearish
52-week range
−27.67% from high₹1,243
₹1,097+13.35% from low₹1,718
Current
₹1,243.00
Prev close
₹1,241.10
Day
+0.15%
Price performance
1D
+0.15%
1W
−1.16%
1M
−9.16%
3M
−11.24%
6M
−14.46%
1Y
−28.68%
YTD
−16.86%
Financials
FRevenue, profit & margin
P/E ratio
108.0×
BDL is 62% above the sector median of 66.6×
BDL108.0×
Sector median66.6×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 798 | 298 | 616 | 602 | 854 | 191 | 545 | 832 | 1,777 | 248 | 1,147 | 567 | 480 | |
| Expenses | 615 | 330 | 482 | 483 | 538 | 243 | 446 | 705 | 1,478 | 293 | 960 | 541 | 425 | |
| Operating Profit | 183 | -33 | 134 | 119 | 316 | -52 | 99 | 127 | 299 | -45 | 188 | 26 | 55 | |
| OPM % | 23% | -11% | 22% | 20% | 37% | -27% | 18% | 15% | 17% | -18% | 16% | 5% | 12% | |
| Other Income | 37 | 107 | 78 | 88 | 88 | 80 | 86 | 84 | 100 | 87 | 121 | 97 | 119 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Depreciation | 14 | 17 | 17 | 16 | 16 | 16 | 18 | 18 | 20 | 18 | 19 | 19 | 20 | |
| Profit before tax | 206 | 57 | 194 | 189 | 388 | 11 | 166 | 193 | 378 | 23 | 288 | 103 | 154 | |
| Tax % | 26% | 27% | 24% | 29% | 26% | 36% | 26% | 24% | 28% | 21% | 25% | 29% | 26% | |
| Net Profit | 153 | 42 | 147 | 135 | 289 | 7 | 123 | 147 | 273 | 18 | 216 | 73 | 113 | |
| EPS in Rs | 4.17 | 1.14 | 4.01 | 3.68 | 7.88 | 0.20 | 3.34 | 4.01 | 7.44 | 0.50 | 5.89 | 1.99 | 3.09 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −1.45% · closed higher next day 13 of last 32
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26† | Q2FY26† | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 4 Aug '23◦ | 3 Nov '23◦ | 24 Jan '24 | 30 May '24◦ | 10 Aug '24◦ | 15 Nov '24◦ | 7 Mar '25 | 1 Aug '25 | 12 Aug '25◦ | 19 Jan '26◦ | 31 Jan '26◦ | 28 May '26◦ |
| Earnings day | −1.88% | +0.22% | +1.92% | +0.63% | −6.28% | −5.04% | −0.99% | −3.32% | +7.07% | −3.60% | −13.78% | −6.05% |
| +1 day | −4.23% | +0.83% | −0.04% | +3.16% | −6.86% | −2.34% | −1.08% | −1.93% | +6.18% | −5.84% | −14.31% | −6.10% |
| +5 days | −3.50% | +4.28% | +2.06% | −7.53% | −8.71% | +4.30% | −9.06% | −7.42% | +2.28% | +4.16% | −15.28% | −5.83% |
| +15 days | −3.68% | +11.13% | −0.33% | +0.35% | −7.94% | +22.00% | −19.19% | −6.07% | −2.87% | −14.91% | −17.07% | +7.11% |
| +30 days | −10.55% | +42.44% | +7.76% | +5.25% | −20.42% | +14.57% | +8.51% | −0.86% | +0.79% | −15.04% | −15.69% | +1.61% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 4.50 Per Share | 4.50 | 9 Feb '26 | 9 Feb '26 |
Shareholding
Sas of Jun 202674.93%Promoter
Promoters74.93%
FIIs1.69%0.33
DIIs11.53%0.56
Public11.85%0.25
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Hind.Aeronautics | ₹4,573.40 | 33.55 | 3,05,858 | 0.98% | 4,196 | +5.52% | 13,942 | +1.77% | 31.96% |
| Bharat Electron | ₹405.00 | 48.84 | 2,96,046 | 0.59% | 2,226 | +4.62% | 10,224 | +11.75% | 36.53% |
| Bharat Dynamics | ₹1,243.00 | 108.40 | 45,564 | 0.37% | 113 | −58.51% | 480 | −72.98% | 13.84% |
| Garden Reach Sh. | ₹2,565.80 | 39.30 | 29,392 | 0.54% | 303 | +24.14% | 2,119 | +29.06% | 42.96% |
| Data Pattern | ₹4,584.50 | 103.85 | 25,666 | 0.22% | 138 | +21.30% | 345 | −12.96% | 21.92% |
| Astra Microwave | ₹1,813.40 | 89.22 | 17,217 | 0.12% | 106 | +44.21% | 488 | +19.71% | 20.25% |
| Zen Technologies | ₹1,768.70 | 82.81 | 15,970 | 0.06% | 47 | −68.80% | 178 | −45.20% | 16.18% |
| Median: 33 Co. | ₹764.30 | 66.59 | 4,344 | 0.02% | 20 | +21.30% | 175 | +29.06% | 15.30% |
Filings
DAnnual reports14
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011bse
Concall transcripts11
Credit ratings6
Announcements5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jul - Regulation 74(5) demat compliance certificate for quarter ended 30 June 2026.Announcement under Regulation 30 (LODR)-Change in Directorate 9 Jul - Shri Shailesh Vagerwal assumed charge as CMD of Bharat Dynamics Limited on 09 July 2026.Announcement under Regulation 30 (LODR)-Change in Directorate 3 Jul - Shri U. Raja Babu ceased as Government Nominee Director1 July 2026 after superannuation.Closure of Trading Window 29 Jun - Trading window closed1 July 2026 until 48 hours after Q1 FY27 results.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 24 Jun - BDL received Rs 1,347.71 crore orders from HAL for Helina Launchers and CMDS LRUs, executable in 24-60 months.