Bharat Dynamics Ltd (BDL)
₹974.00
Mkt cap
₹35,703 Cr
P/E ratio
68.60
P/B
8.40
Div yield
0.50%
ROE
10.20%
ROCE
13.90%
EPS (TTM)
₹14.20
Book value
₹116
52W range
974–1,633
Sector
Industrials
Price history
Previous close
Bharat Dynamics (BDL), is a Government of India Enterprise. It is engaged in the manufacturing of guided missiles and allied defence equipments [1] [2] .
NSE BDLBSE 541143
Health check
Cautious
ValuationFair
ProfitabilityAverage
GrowthLow
TechnicalsBearish
52-week range
−40.37% from high₹974
₹9740.00% from low₹1,633
Current
₹974.00
Prev close
₹1,011.00
Day
−3.66%
Price performance
1D
−3.66%
1W
−4.28%
1M
−10.24%
3M
−21.82%
6M
−30.13%
1Y
−35.70%
YTD
−34.85%
Financials
Revenue, profit & margin
P/E ratio
68.6×
BDL is 2% below the sector median of 69.7×
BDL68.6×
Sector median69.7×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 298 | 616 | 602 | 854 | 191 | 545 | 832 | 1,777 | 248 | 1,147 | 567 | 480 | 572 | |
| Expenses | 330 | 482 | 483 | 538 | 243 | 446 | 705 | 1,478 | 293 | 960 | 541 | 425 | 489 | |
| Operating Profit | -33 | 134 | 119 | 316 | -52 | 99 | 127 | 299 | -45 | 188 | 26 | 55 | 83 | |
| OPM % | -11% | 22% | 20% | 37% | -27% | 18% | 15% | 17% | -18% | 16% | 4.6% | 12% | 15% | |
| Other Income | 107 | 78 | 88 | 88 | 80 | 86 | 84 | 100 | 87 | 121 | 97 | 119 | 103 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Depreciation | 17 | 17 | 16 | 16 | 16 | 18 | 18 | 20 | 18 | 19 | 19 | 20 | 20 | |
| Profit before tax | 57 | 194 | 189 | 388 | 11 | 166 | 193 | 378 | 23 | 288 | 103 | 154 | 166 | |
| Tax % | 27% | 24% | 29% | 26% | 36% | 26% | 24% | 28% | 21% | 25% | 29% | 26% | 28% | |
| Net Profit | 42 | 147 | 135 | 289 | 7 | 123 | 147 | 273 | 18 | 216 | 73 | 113 | 119 | |
| EPS in Rs | 1.14 | 4.01 | 3.68 | 7.88 | 0.20 | 3.34 | 4.01 | 7.44 | 0.50 | 5.89 | 1.99 | 3.09 | 3.24 | |
| Raw PDF |
Earnings
Results 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 −1.10% · closed higher next day 15 of last 33
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26† | Q2FY26† | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 3 Nov '23◦ | 24 Jan '24 | 30 May '24◦ | 10 Aug '24◦ | 15 Nov '24◦ | 7 Feb '25 | 27 May '25 | 12 Aug '25◦ | 13 Nov '25◦ | 31 Jan '26◦ | 28 May '26◦ | 14 Aug '26 |
| Earnings day | +0.22% | +1.92% | +0.63% | −6.28% | −5.04% | −0.99% | −2.19% | +7.07% | +6.32% | −13.78% | −6.05% | −1.29% |
| +1 day | +0.83% | −0.04% | +3.16% | −6.86% | −2.34% | −1.08% | +0.69% | +6.18% | +4.72% | −14.31% | −6.10% | −0.36% |
| +5 days | +4.28% | +2.06% | −7.53% | −8.71% | +4.30% | −9.06% | −0.65% | +2.28% | −0.34% | −15.28% | −5.83% | −2.15% |
| +15 days | +11.13% | −0.33% | +0.35% | −7.94% | +22.00% | −19.19% | −2.75% | −2.87% | −0.36% | −17.07% | +7.11% | −11.18% |
| +30 days | +42.44% | +7.76% | +5.25% | −20.42% | +14.57% | +8.51% | +1.28% | +0.79% | −2.91% | −15.69% | +1.61% | −22.38% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202674.93%Promoter
Promoters74.93%
FIIs1.76%0.07
DIIs10.80%0.73
Public12.52%0.67
Ownership trend
Peers
7 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 | ₹4,853.70 | 34.82 | 3,24,603 | 0.93% | 1,590 | +14.88% | 5,515 | +14.45% | 31.97% |
| Bharat Electron | ₹369.90 | 42.26 | 2,70,389 | 0.68% | 1,540 | +19.60% | 7,328 | +26.51% | 36.44% |
| Bharat Dynamics | ₹974.00 | 68.56 | 35,703 | 0.50% | 119 | +547.36% | 572 | +130.81% | 13.86% |
| Garden Reach Sh. | ₹1,943.70 | 27.81 | 22,265 | 1.01% | 173 | +43.82% | 1,815 | +38.53% | 42.82% |
| Data Pattern | ₹3,800.00 | 78.72 | 21,274 | 0.26% | 22 | −13.49% | 116 | +16.81% | 21.92% |
| Sigma Advanced System | ₹890.60 | 101.71 | 16,915 | 0.00% | 35 | −81.87% | 374 | +7,083.88% | 11.74% |
| Apollo Micro Sys | ₹398.75 | 106.88 | 14,818 | 0.06% | 46 | +55.67% | 388 | +72.31% | 14.53% |
| Median: 34 Co. | ₹869.60 | 69.74 | 5,511 | 0.04% | 10 | +23.51% | 120 | +39.50% | 14.20% |
Filings
Annual reports15
Concall transcripts11
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Change in Management 16 Oct - Dr. Jagannath Nayak appointed Government Nominee Director on BDL board effective 16 October 2026.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 15 Oct - BDL signed a ₹1,307 crore contract with Indian Navy for heavyweight torpedoes, to be completed in 42 months.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Oct - Certificate Under Regulation 74(5) of SEBI (DP) Regulation 2018 for the quarter ended September 2026.Announcement under Regulation 30 (LODR)-Change in Directorate 7 Oct - Dr. Jagannath Nayak appointed Part-Time Official Director; effective after DIN allotment.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep - Submitted scrutinizer and e-voting results for 56th AGM held on 28 September 2026.






