BHARAT DYNAMICS LIMITED·DEFENCE 76.38·Aerospace & Defense Companies

2026-08-21 NSE BSE Web Result 14 Aug

Price

1,359

+3.18%
O:1317
H:1364.7
L:1317
C:1359

52W Range

10861654
+25%/-18%

Market Cap

₹49,815.84 Cr

Traded: ₹296.38 Cr (0.59%) 0.0x

Free Float: ₹5,903.18 Cr (5.02% of FF traded)

Volume · 60D trend

21.91 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+8% 3M:-1% 6M:-2% 12M:-4%

Valuation

P/E95.6
P/B11.8
P/S18.0
EV/EBIT-21.0

Business Strength

ROE-26.4%
ROCE-5.4%
OPM9.1%
NPM17.2%

Growth (3Y CAGR)

EPS-23.5%
Sales-1.0%
Profit+6.0%
3Y Return+36.0%

Balance Sheet

Debt/Equity0.0
Debt0 Cr
Pledge0.0%
CWIP/Fixed Asset17.3%

Cash Position

CFO/NP143.8%
FCF375 Cr
FCF 3Y Avg591 Cr
Cash/MCap9.0%

Others

Div Yield0.0%
Div Payout43.0%
Cash Conv. Cycle598 days
Tradeable Free Float11.8%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 549.16 Cr
9.30% FF
60d high
₹ 549.16 Cr
60d low
₹ 451.75 Cr
60d mean
₹ 509.10 Cr
vs mean
▲ 7.87%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Profit
-3.0%
+10.0%
+6.0%
--
-7.0%
Decelerating
Sales
-5.0%
+5.0%
-1.0%
--
-19.0%
Decelerating
Return
--
+49.0%
+36.0%
-11.0%
--
Decelerating
ROE
+17.0%
+14.0%
+14.0%
--
--
Stable

Quarterly Results

Jun 2026

14 Aug
Rev
572 Cr
+131% YoY+19% QoQ
OPM15.0%
NPM20.8%
PAT
--119 Cr
EPS
+548% YoY3.2

Mar 2026

PDF
Rev
480 Cr
-73% YoY-15% QoQ
OPM12.0%
NPM23.5%
PAT
-59% YoY113 Cr
EPS
-58% YoY3.1

Dec 2025

PDF
Rev
567 Cr
-32% YoY-51% QoQ
OPM4.6%
NPM12.9%
PAT
-50% YoY73 Cr
EPS
-50% YoY2.0

Sep 2025

PDF
Rev
1.1K Cr
+110% YoY+363% QoQ
OPM16.0%
NPM18.8%
PAT
+76% YoY216 Cr
EPS
+76% YoY5.9

Jun 2025

PDF
Rev
248 Cr
+30% YoY-86% QoQ
OPM-18.0%
NPM7.3%
PAT
+154% YoY18 Cr
EPS
+150% YoY0.5

Mar 2025

PDF
Rev
1.8K Cr
+108% YoY+114% QoQ
OPM17.0%
NPM15.4%
PAT
-6% YoY273 Cr
EPS
-6% YoY7.4

Dec 2024

PDF
Rev
832 Cr
+38% YoY+53% QoQ
OPM15.0%
NPM17.7%
PAT
+9% YoY147 Cr
EPS
+9% YoY4.0

Sep 2024

PDF
Rev
545 Cr
-12% YoY+185% QoQ
OPM18.0%
NPM22.6%
PAT
-17% YoY123 Cr
EPS
-17% YoY3.3

Jun 2024

PDF
Rev
191 Cr
-36% YoY-78% QoQ
OPM-27.0%
NPM3.7%
PAT
-83% YoY7 Cr
EPS
-82% YoY0.2

Mar 2024

PDF
Rev
854 Cr
+7% YoY+42% QoQ
OPM37.0%
NPM33.8%
PAT
+89% YoY289 Cr
EPS
+89% YoY7.9

Dec 2023

PDF
Rev
602 Cr
---2% QoQ
OPM20.0%
NPM22.4%
PAT
+61% YoY135 Cr
EPS
--3.7

Sep 2023

PDF
Rev
616 Cr
--+107% QoQ
OPM22.0%
NPM23.9%
PAT
+94% YoY147 Cr
EPS
--4.0

Jun 2023

PDF
Rev
298 Cr
---63% QoQ
OPM-11.0%
NPM14.1%
PAT
+5% YoY42 Cr
EPS
--1.1

Mar 2023

PDF
Rev
798 Cr
----
OPM23.0%
NPM19.2%
PAT
-47% YoY153 Cr
EPS
--4.2

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.00
Interest Coverage9.3x
Promoter Pledge0.0%
Borrowings0 Cr

Efficiency

Receivable Days63 days
Inventory Days1381 days
Payable Days846 days
Cash Conversion cycle598 days

Cash Position

Operating Cash Flow604 Cr
Investing Cash Flow320 Cr
Financing Cash Flow-194 Cr
Free Cash Flow375 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Sales5724805671,1472481,777832545191854602616298798
Expenses4894255419602931,478705446243538483482330615
Operating Profit835526188-4529912799-52316119134-33183
OPM %15.0%12.0%4.6%16.0%-18.0%17.0%15.0%18.0%-27.0%37.0%20.0%22.0%-11.0%23.0%
Other Income103119971218710084868088887810737
Interest11111111111111
Depreciation2020191918201818161616171714
Profit Before Tax166154103288233781931661138818919457206
Tax %28.0%26.0%29.0%25.0%21.0%28.0%24.0%26.0%36.0%26.0%29.0%24.0%27.0%26.0%
Net Profit1191137321618273147123728913514742153
Exceptional Items----------------------------
EPS (Rs)3.23.12.05.90.57.44.03.30.27.93.74.01.14.2
Sales Growth (YoY)130.7%-73.0%-31.9%110.5%29.8%108.1%38.2%-11.5%-35.9%7.0%--------
Sales Growth (QoQ)19.2%-15.3%-50.6%362.5%-86.0%113.6%52.7%185.3%-77.6%41.9%-2.3%106.7%-62.7%--
OP Growth (YoY)284.4%-81.6%-79.5%89.9%13.5%-5.4%6.7%-26.1%-57.6%72.7%--------
OP Growth (QoQ)50.9%111.5%-86.2%517.8%-115.1%135.4%28.3%290.4%-116.5%165.5%-11.2%506.1%-118.0%--
Profit Growth (YoY)---59.0%-50.0%76.0%154.0%-6.0%9.0%-17.0%-83.0%89.0%61.0%94.0%5.0%-47.0%
EPS Growth (YoY)548.0%-58.5%-50.4%76.3%150.0%-5.6%9.0%-16.7%-82.5%89.0%--------
EPS Growth (QoQ)4.8%55.3%-66.2%1078.0%-93.3%85.5%20.1%1570.0%-97.5%114.1%-8.2%251.8%-72.7%--
OP Margin14.5%11.5%4.6%16.4%-18.1%16.8%15.3%18.2%-27.2%37.0%19.8%21.8%-11.1%22.9%
Net Margin20.8%23.5%12.9%18.8%7.3%15.4%17.7%22.6%3.7%33.8%22.4%23.9%14.1%19.2%
Material Cost %--37.6%58.5%56.8%23.9%59.2%44.4%41.1%16.9%33.3%36.0%44.1%41.7%46.7%
Employee Cost %--21.6%24.3%14.2%53.2%7.8%14.7%26.1%76.9%18.0%30.2%21.0%45.5%16.8%
P/S18.0120.65------------------------
P/E95.64119.92------------------------
P/B11.7511.89------------------------

Shareholding Pattern

Shareholders:5.6L (+236.8%)
Current MixJun 2026

Exchange Filings

50
Company Update21 Aug 2026

Change In Management consequent to the Departmental Promotions 2026.

Company Update18 Aug 2026

Appointment of Three Part time Non official Directors (Independent Directors) On the board Of BDL

Board Meeting14 Aug 2026

Unaudited Financial Results for the quarter ended 30 June 2026

Company Update09 Jul 2026

Appointment of Shri Shailesh Vagerwal as CMD w.e.f 09 July 2026

Company Update09 Jul 2026

Reg 74(5) of SEBI (DP) regulations,2018 certificate for the quarter ending 30June 2026

Company Update03 Jul 2026

Shri U Raja Babu- DS & DG (MSS) DRDO, Govt Nominee Director cessation w.e.f 01.07.2026

Insider Trading / SAST29 Jun 2026

Trading window closure for the quarter ended 30 June 2026

Company Update24 Jun 2026

Receipt of order from M/s Hindustan Aeronautics Limited

Company Update19 Jun 2026

Receipt of CMD appointment letter from MoD

Company Update10 Jun 2026

Investor Presentation June 2026

Company Update08 Jun 2026

As per Regulation 30 of SEBI LODR 2015 we inform you that the officials of the company will be attending the meeting with investors/ Analysts/ Fund Managers on 11 June 2026 as mentioned ....

Company Update01 Jun 2026

Superannuation of Executive Director, Cmde. Girish Raghunath Pradhan (Retd.)

Company Update29 May 2026

Fine for the quarter ended 31 March 2026

Corp. Action28 May 2026

Baord approves final dividend for the FY 2025-26

Result28 May 2026

Financial results for the quarter and year ended 31.03.2026

Board Meeting28 May 2026

Financial results for the quarter and year ended 31 March 2026 and Final Dividend for the FY 2025-26

Board Meeting20 May 2026

Bharat Dynamics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve Audited Financial Results for ....

Company Update15 May 2026

Media Release Manufacturing facility at T. Sirasapalli, A.P

Company Update30 Apr 2026

Cessation of Cmde. A Madhavarao (Retd.) CMD and Additional Charge of CMD to Shri D.V Srinivas Rao Director (Technical)

Company Update25 Apr 2026

Media Release- Torpendo Production

Company Update23 Apr 2026

Effective date of cessation of Shri Chetan Bansilal Kankariya, Independent Director

Company Update22 Apr 2026

Cessation of tenure of Independent Director-Shri Chetan Bansilal Kankariya

Others08 Apr 2026

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

Company Update07 Apr 2026

Certificate under Reg 74(5) of SEBI (DP) Regulations

Company Update01 Apr 2026

Change in Senior Management Personnel- Superannuation of Shri. N. Satyanarayana, GM(HR)

Insider Trading / SAST27 Mar 2026

Trading window closure for the year ended 31 March 2026.

Company Update26 Mar 2026

General updates on Advanced Akash Weapon Systems

Company Update25 Mar 2026

General updates on Additional manufacturing facilities

Company Update06 Mar 2026

Assumption of charge of Director(Production)

Company Update02 Mar 2026

Stock exchange fine for the quarter ended 31 December 2025

Company Update24 Feb 2026

Tenure completion of Independent Director, Shri Jashwant Lal

Company Update11 Feb 2026

Additional Charge of Director (Production) to Shri D V Srinivas Rao w.e.f 01 Jan 2026

Company Update05 Feb 2026

General update- Director (Production)

Corp. Action01 Feb 2026

Outcome of Board meeting- Board of Directors has declared interim dividend for the FY 2025-26 of Rs 4.5 per share. The record date is 09 Feb 2026 for the same.

Result01 Feb 2026

UFR for the quarter and nine months ended 31 dec 2025

Board Meeting31 Jan 2026

Outcome of Board meeting- UFR 31 Dec 2025 & Interim Dividend

Company Update22 Jan 2026

Publication of Notice to Shareholders for transfer of shares to IEPF Account

Board Meeting22 Jan 2026

Bharat Dynamics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/01/2026 ,inter alia, to consider and approve unaudited Financial Results ....

Company Update14 Jan 2026

Certificate under Reg.74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December 2025

Insider Trading / SAST26 Dec 2025

Closure of Trading Window from 01 January 2026.

Company Update01 Dec 2025

Change in Senior Management Personnel.

Company Update01 Dec 2025

Receipt of order

Company Update28 Nov 2025

Intimation of Stock Exchange fine imposition

Result13 Nov 2025

Financial results for the quarter and half year ended 30 Sep 2025

Company Update13 Nov 2025

Receipt of order for Invar Missiles

Board Meeting04 Nov 2025

Bharat Dynamics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2025 ,inter alia, to consider and approve Unaudited financial results ....

Company Update31 Oct 2025

Superannuation of Shri M Dayakar Reddy GM (M,R & TSD)

Company Update16 Oct 2025

Compliance certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 30 September 2025.

Company Update30 Sept 2025

Change in Directorate & Senior Management Personnel

AGM/EGM29 Sept 2025

Scrutinizer Report for the 55 AGM of BDL.

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2016

2015

2014

2013

2012

2011

Credit Ratings

6
crisilRating update
19 Nov 2024Report
crisilRating update
25 Aug 2023Report
crisilRating update
07 Jun 2022Report
crisilRating update
31 Mar 2022Report
crisilRating update
27 Jan 2021Report
crisilRating update

Concalls

10

Nov 2024

30 Nov 2024

Jun 2024

30 Jun 2024

Feb 2024

29 Feb 2024

Nov 2023

30 Nov 2023

Jun 2023

30 Jun 2023

Mar 2023

31 Mar 2023

Sep 2022

30 Sept 2022

Jun 2022

30 Jun 2022

Dec 2021

31 Dec 2021

Jul 2020

31 Jul 2020

Held by ETFs

27 ETFs hold bdl · sorted by weight

#ETFWeight %
1

GROWWDEFNC

GROWWAMC - GROWWDEFNC

2.98%
2

MODEFENCE

MOTILALAMC - MODEFENCE

2.98%
3

MIDQ50ADD

DSPAMC - DSPQ50ETF

1.02%
4

DEFENCE

MIRAEAMC - DEFENCE

3.31%
5

INFRA

MIRAEAMC - INFRA

0.35%
6

MOALPHA50

MOTILALAMC - MOALPHA50

0.43%
7

LICNMID100

LICNAMC - LICNMID100

0.34%
8

ALPHA

KOTAKMAMC - KOTAKALPHA

0.43%
9

MOM100

MOTILAL OS MIDCAP100 ETF

0.34%
10

MIDSMALL

MIRAEAMC - MIDSMALL

0.30%
11

HDFCMID150

HDFCAMC - HDFCMID150

0.28%
12

SBINMID150

SBIAMC - SBINMID150

0.28%
13

MID150BEES

NIP IND ETF MIDCAP 150

0.28%
14

MID150

KOTAKMAMC - MID150

0.28%
15

MIDCAPADD

DSPAMC - MIDCAPADD

0.28%
16

MIDCAPBETA

UTIAMC-MIDCAPBETA

0.28%
17

GROWWMC150

GROWWAMC - GROWWMC150

0.28%
18

MIDCAPIETF

ICICIPRAMC - ICICIM150

0.28%
19

MIDCAPETF

MIRAEAMC - MAM150ETF

0.28%
20

MID150CASE

ZERODHAAMC - MID150CASE

0.28%
21

MULTICAP

MIRAEAMC - MULTICAP

0.07%
22

ELM250

EDELAMC - ELM250

0.14%
23

GROWWN200

GROWWAMC - GROWWN200

0.07%
24

MONIFTY500

MOTILALAMC - MONIFTY500

0.06%
25

BSE500IETF

ICICIPRAMC - ICICI500

0.06%
26

HDFCBSE500

HDFCAMC - HDFCBSE500

0.06%
27

AONETOTAL

AONEAMC - AONETOTAL

0.06%

Held by Mutual Funds

58 schemes hold bdl · sorted by weight

#SchemeWeight %
1

Invesco India PSU Equity Fund

Invesco Mutual Fund

4.38%
2

HDFC Defence Fund

HDFC Mutual Fund

4.22%
3

Invesco India Infrastructure Fund

Invesco Mutual Fund

3.54%
4

Altiva Equity Ex-Top 100 Long-Short Fund

Edelweiss Mutual Fund

3.60%
5

Motilal Oswal Nifty India Defence Index Fund

Motilal Oswal Mutual Fund

3.20%
6

Axis Nifty India Defence Index Fund

Axis Mutual Fund

3.20%
7

Bank of India Mid Cap Fund

Bank of India Mutual Fund

2.34%
8

Motilal Oswal ELSS Tax Saver Fund

Motilal Oswal Mutual Fund

2.48%
9

Motilal Oswal Large and Midcap Fund

Motilal Oswal Mutual Fund

2.28%
10

Bank of India Mid & Small Cap Equity & Debt Fund

Bank of India Mutual Fund

1.88%
11

LIC MF Large Cap Fund

LIC Mutual Fund

1.77%
12

HDFC Business Cycle Fund

HDFC Mutual Fund

1.57%
13

UTI Nifty Midcap 150 Quality 50 Index Fund

UTI Mutual Fund

1.14%
14

LIC MF Midcap Fund

LIC Mutual Fund

1.05%
15

ITI Multi Cap Fund

ITI Mutual Fund

1.34%
16

Nippon India Power & Infra Fund

Nippon India Mutual Fund

0.85%
17

ITI Small Cap Fund

ITI Mutual Fund

0.81%
18

Edelweiss Large & Mid Cap Direct Plan-Growth

Edelweiss Mutual Fund

0.74%
19

Motilal Oswal Small Cap Fund

Motilal Oswal Mutual Fund

0.66%
20

ITI Bharat Consumption Fund

ITI Mutual Fund

0.55%
21

Nippon India Vision Large & Mid Cap Direct-Growth

Nippon India Mutual Fund

0.69%
22

ITI Pharma and Healthcare Fund

ITI Mutual Fund

0.54%
23

Edelweiss Small Cap Fund

Edelweiss Mutual Fund

0.48%
24

Kotak BSE PSU Index Fund

Kotak Mahindra Mutual Fund

0.51%
25

Axis Small Cap Fund

Axis Mutual Fund

0.45%
26

Bandhan Nifty Alpha 50 Index Fund

Bandhan Mutual Fund

0.43%
27

Edelweiss Mid Cap Direct Plan-Growth

Edelweiss Mutual Fund

0.42%
28

Bandhan Nifty Midcap 150 Index Fund

Bandhan Mutual Fund

0.31%
29

Tata Nifty Midcap 150 Index Fund

Tata Mutual Fund

0.31%
30

Kotak Nifty Alpha 50 Index Fund

Kotak Mahindra Mutual Fund

0.43%
31

Baroda BNP Paribas Nifty Midcap 150 Index Fund

Baroda BNP Paribas Mutual Fund

0.31%
32

SBI Nifty Midcap 150 Index Fund

SBI Mutual Fund

0.31%
33

HDFC NIFTY Midcap 150 Index Fund

HDFC Mutual Fund

0.31%
34

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

UTI Mutual Fund

0.31%
35

ICICI Prudential Nifty Midcap 150 Index Fund

ICICI Prudential Mutual Fund

0.31%
36

UTI Nifty Midcap 150 Index Fund

UTI Mutual Fund

0.31%
37

Nippon India Small Cap Fund

Nippon India Mutual Fund

0.30%
38

Edelweiss Multi Cap Fund

Edelweiss Mutual Fund

0.29%
39

Motilal Oswal Nifty Midcap 150 Index Fund

Motilal Oswal Mutual Fund

0.28%
40

Kotak Nifty Midcap 150 Index Fund

Kotak Mahindra Mutual Fund

0.27%
41

Nippon India Nifty 500 Equal Weight Index Fund

Nippon India Mutual Fund

0.20%
42

HDFC Balanced Advantage Fund

HDFC Mutual Fund

0.24%
43

ICICI Prudential Nifty LargeMidcap 250 Index Fund

ICICI Prudential Mutual Fund

0.15%
44

Edelweiss NIFTY Large Mid Cap 250 Index Fund

Edelweiss Mutual Fund

0.15%
45

Edelweiss Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund

Edelweiss Mutual Fund

0.11%
46

HDFC Nifty LargeMidcap 250 Index Fund

HDFC Mutual Fund

0.15%
47

Edelweiss Aggressive Hybrid Fund

Edelweiss Mutual Fund

0.07%
48

HDFC Nifty500 Multicap 50:25:25 Index Fund

HDFC Mutual Fund

0.08%
49

HDFC BSE 500 Index Fund

HDFC Mutual Fund

0.07%
50

Axis Nifty 500 Index Fund

Axis Mutual Fund

0.06%
51

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.06%
52

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.06%
53

SBI Nifty 500 Index Fund

SBI Mutual Fund

0.06%
54

Motilal Oswal Nifty 500 Index Fund

Motilal Oswal Mutual Fund

0.06%
55

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.06%
56

Altiva Hybrid Long-Short Fund

Edelweiss Mutual Fund

0.04%
57

Edelweiss Flexi Cap Fund

Edelweiss Mutual Fund

0.00%
58

ICICI Prudential Nifty 500 Index Fund

ICICI Prudential Mutual Fund

0.06%