Bharat Dynamics Limited

Bharat Dynamics Limited (BDL) is a mid-cap Capital Goods company valued at ₹40,872 crore operating in Aerospace & Defense on the NSE and BSE.

Recent price move

Bharat Dynamics Limited last traded at ₹1,114.7, modestly down 1.03% on the day.

Recent developments

On 2026-09-24, Bharat Dynamics announced a major order win of ₹810.79 crore from the Ministry of Defence for 160 SAT-SAAW weapons and associated equipment, which contributed to a 2% rise in its share price. The company also reported a dividend of ₹4.50 per share with an ex-date of 2026-02-09 and a dividend of ₹0.40 per share with an ex-date of 2026-09-21.

Financial performance

The company's business is shrinking, with annual revenue falling 27.0% year-over-year. However, the latest quarter saw revenue surge 130.7% compared to the same quarter a year earlier, indicating a strong rebound. Net profit also improved significantly, rising 559.9% in the latest quarter, though annual net profit dropped 23.6% year-over-year. The net profit margin increased slightly to 17.2% from 16.4% in the prior year, while return on equity remained at 9.9%.

Valuation multiples

The stock trades at 97.2 times earnings, 10.29 times book value. It yields 0.4%.

Things to watch

The stock is 33.9% below its 52-week high, reflecting a significant pullback from recent levels. Annual revenue and net profit both declined year-over-year, with revenue falling 27.0% and net profit dropping 23.6%. Despite the recent order win, the company's annual revenue growth has been negative over the past three years, and the latest quarter's performance does not yet offset the broader trend of declining annual results.

Where it stands

Bharat Dynamics Limited reported a sharp rise in net profit for the latest quarter, up 559.9% compared to the same quarter a year earlier, while annual net profit fell 23.6%. The company's recent order win of ₹810.79 crore from the Ministry of Defence boosted its share price, but annual revenue and net profit remain down year-over-year. The stock is 33.9% below its 52-week high, and the company's annual revenue growth has been negative over the past three years.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.