BDL - Bharat Dynamics Limited Share Price

Aerospace & Defense

₹1483.80-45.80(-2.99%)

Market Closed as of May 2, 2025, 15:30 IST

What does Bharat Dynamics Limited do?

Aerospace & Defense•Capital Goods•Mid Cap

Bharat Dynamics is an Aerospace & Defense company based in India, identifiable by its stock ticker BDL. With a market capitalization of Rs. 41,612.1 Crores, the company specializes in the manufacture and sale of guided missiles and allied defense equipment.

Products Offered:

Bharat Dynamics Limited offers a diverse range of products, including:

Light and heavy weight torpedoes
Unified and fagot launchers
Konkurs launcher test equipment
Akash weapon system
Medium range surface-to-air missiles
Quick reaction surface-to-air missiles
Anti-torpedo decoy launching systems
Various anti-tank guided missiles such as the NAG and Milan Ã¢â‚¬â€œ 2T

These products are primarily sold to the Indian Armed Forces and the Government of India, with additional export activities also taking place.

Company Background:

Incorporated in 1970, Bharat Dynamics is headquartered in Hyderabad, India. Over the past 12 months, the company generated a revenue of Rs. 2,761.5 Crores and has shown consistent profitability, reporting a profit of Rs. 565.6 Crores in the last four quarters.

Financial Highlights:

Bharat Dynamics distributes dividends to its investors, providing a yield of 0.82% per year. Over the last year, it returned Rs. 9.28 dividend per share. Despite a modest revenue growth of 3% over the past three years, the company remains a significant player in the defense sector.

Industry Group:Aerospace & Defense

Employees:2,401

Website:bdl-india.in

Pros

Momentum: Stock price has a strong positive momentum. Stock is up 6.6% in last 30 days.

Profitability: Very strong Profitability. One year profit margin are 20%.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Balance Sheet: Reasonably good balance sheet.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Size: It is among the top 200 market size companies of india.

Cons

No major cons observed.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: BDL vs Aerospace & Defense

Comprehensive comparison against sector averages

Comparative Metrics

BDL metrics compared to Aerospace

Category	BDL	Aerospace
PE	99.12	43.09
PS	20.30	9.17
Growth	5.2 %	9.9 %

Performance Comparison

BDL vs Aerospace (2021 - 2025)

Key Insights

1. BDL is among the Top 3 Aerospace & Defense companies by market cap.
2. The company holds a market share of 3.7% in Aerospace & Defense.
3. In last one year, the company has had a below average growth that other Aerospace & Defense companies.

Valuation
Market Cap	54.39 kCr
Price/Earnings (Trailing)	96.16
Price/Sales (Trailing)	19.7
EV/EBITDA	65.6
Price/Free Cashflow	108.43
MarketCap/EBT	71.71

Fundamentals
Revenue (TTM)	2.76 kCr
Rev. Growth (Yr)	32.99%
Rev. Growth (Qtr)	45.3%
Earnings (TTM)	565.65 Cr
Earnings Growth (Yr)	8.95%
Earnings Growth (Qtr)	20.07%

Profitability
Operating Margin	27.47%
EBT Margin	27.47%
Return on Equity	15.16%
Return on Assets	5.37%
Free Cashflow Yield	0.92%

Income Statement for Bharat Dynamics

Standalone figures (in Rs. Crores)

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	52.8%	832	545	191	854	602	616
Other Income	-2.4%	84	86	80	88	88	78
Total Income	45.4%	917	631	272	943	689	694
Cost of Materials	55%	325	210	175	627	136	180
Employee Expense	-14.2%	122	142	147	154	182	129
Finance costs	-7.4%	0.71	0.73	1.16	0.77	0.77	0.78
Depreciation and Amortization	0%	18	18	16	16	16	17
Other expenses	169.6%	214	80	64	99	84	81
Total Expenses	56.2%	724	464	260	555	500	500
Profit Before exceptional items and Tax	16.4%	193	166	11	388	189	194
Total profit before tax	16.4%	193	166	11	388	189	194
Current tax	80%	73	41	4.89	116	47	52
Deferred tax	-1351.6%	-26.91	3.23	-0.87	-16.64	7.08	-4.64
Total tax	4.7%	46	44	4.02	99	54	47
Total profit (loss) for period	19.7%	147	123	7.22	289	135	147
Other comp. income net of taxes	183.1%	2.97	-1.37	-1.96	-0.06	1.85	-1.16
Total Comprehensive Income	24.2%	150	121	5.26	289	137	146
Earnings Per Share, Basic	28.6%	4.01	3.34	0.2	3.94	3.685	4.015
Earnings Per Share, Diluted	28.6%	4.01	3.34	0.2	3.94	3.685	4.015

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-	-	-	-	-	-	-
Revenue From Operations	-4.8%	2,369	2,489	2,817	1,914	3,095	3,069
Other Income	134.4%	362	155	111	95	116	136
Other Income	-	-	-	-	-	-	-
Total Income	-	-	-	-	-	-	-
Total Income	3.3%	2,731	2,645	2,929	2,008	3,211	3,205
Cost of Materials	-	-	-	-	-	-	-
Cost of Materials	-7.4%	1,120	1,210	1,263	970	1,036	1,819
Employee Expense	12.8%	600	532	571	501	534	534
Employee Expense	-	-	-	-	-	-	-
Finance costs	-40.4%	3.11	4.54	3.42	3.91	4.66	4.23
Finance costs	-	-	-	-	-	-	-
Depreciation and Amortization	-13.2%	67	77	90	95	96	82
Depreciation and Amortization	-	-	-	-	-	-	-
Other expenses	-	-	-	-	-	-	-
Other expenses	-6.2%	335	357	342	227	294	260
Total Expenses	-12%	1,903	2,163	2,185	1,667	2,469	2,534
Total Expenses	-	-	-	-	-	-	-
Profit Before exceptional items and Tax	71.9%	828	482	744	341	742	671
Profit Before exceptional items and Tax	-	-	-	-	-	-	-
Exceptional items before tax	-	0	0	-33.59	0	0	0
Total profit before tax	-	-	-	-	-	-	-
Total profit before tax	71.9%	828	482	710	341	742	671
Current tax	-	-	-	-	-	-	-
Current tax	79.5%	229	128	217	72	190	222
Deferred tax	-	-	-	-	-	-	-
Deferred tax	-1717%	-13.23	1.88	-6.55	11	18	27
Total tax	66.7%	216	130	210	83	208	249
Total tax	-	-	-	-	-	-	-
Total profit (loss) for period	74.4%	613	352	500	258	535	423
Total profit (loss) for period	-	-	-	-	-	-	-
Other comp. income net of taxes	-	-	-	-	-	-	-
Other comp. income net of taxes	-625%	-3.2	1.8	-8.41	-13.54	-21.62	-10.71
Total Comprehensive Income	-	-	-	-	-	-	-
Total Comprehensive Income	72.5%	610	354	492	244	513	412
Earnings Per Share, Basic	-14.5%	8.36	9.61	13.64	7.03	14.59	11.53
Earnings Per Share, Basic	-	-	-	-	-	-	-
Earnings Per Share, Diluted	-	-	-	-	-	-	-
Earnings Per Share, Diluted	-14.5%	8.36	9.61	13.64	7.03	14.59	11.53

Cash Flow for Bharat Dynamics

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-40.4%	3.11	4.54	3.42
Change in inventories	9.1%	-163.16	-179.51	-261.41
Depreciation	-13.2%	67	77	0
Impairment loss / reversal	-	0	0	34
Adjustments for interest income	186.5%	319	112	64
Net Cashflows from Operations	-75.8%	568	2,348	733
Income taxes paid (refund)	-28.6%	156	218	203
Net Cashflows From Operating Activities	-80.7%	412	2,130	530
Proceeds from sales of PPE	-2.5%	0.17	0.19	0
Purchase of property, plant and equipment	-25.2%	81	108	101
Purchase of intangible assets	-	0.19	0	1
Purchase of other long-term assets	-	829	0	0
Interest received	72.2%	187	109	59
Other inflows (outflows) of cash	99.9%	0	-1,171.49	-530.45
Net Cashflows From Investing Activities	38.3%	-722.4	-1,171.03	-573.01
Payments of lease liabilities	46.9%	1.47	1.32	1.18
Dividends paid	-13.3%	145	167	145
Interest paid	-66.5%	1.72	3.15	2.03
Net Cashflows from Financing Activities	13.4%	-148.36	-171.38	-148.52
Net change in cash and cash eq.	-158.5%	-459.04	788	-191.87

Share Holdings

Understand Bharat Dynamics ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
PRESIDENT OF INDIA	74.93%
LIFE INSURANCE CORPORATION OF INDIA	2.79%
MOTILAL OSWAL LARGE AND MIDCAP FUND	1.48%
HDFC TRUSTEE COMPANY LTD	1.14%
Employees	0.01%
Other	0.01%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Investor Care
Dividend Yield	0.63%
Dividend/Share (TTM)	9.28
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	11.49

Financial Health
Current Ratio	3.05
Debt/Equity	0.00
Debt/Cashflow	0.00

Balance Sheet for Bharat Dynamics

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-67.5%	194	594	293	1,053	269	265
Loans, current	3%	2.03	2	2.15	2.02	2.26	1.84
Total current financial assets	-8.5%	5,128	5,603	5,254	5,370	3,652	3,497
Inventories	13.9%	2,257	1,982	1,738	1,822	1,714	1,654
Current tax assets	167.4%	124	47	112	119	74	29
Total current assets	0.6%	9,295	9,239	8,225	7,600	5,757	5,523
Property, plant and equipment	-2.2%	657	672	667	646	686	761
Capital work-in-progress	33.3%	97	73	55	74	79	41
Investment property	0%	0.01	0.01	0.01	0.01	0.01	0.01
Non-current investments	-	3.91	0	0	0	0	0
Loans, non-current	148.6%	2.74	1.7	1.85	1.74	1.94	2.04
Total non-current financial assets	0.9%	111	110	108	108	46	43
Total non-current assets	12.2%	1,235	1,101	1,072	1,072	1,068	1,041
Total assets	1.8%	10,530	10,340	9,297	8,672	6,825	6,564
Total non-current financial liabilities	-10.4%	44	49	49	49	49	46
Provisions, non-current	3.3%	0.42	0.4	0.38	0.37	45	45
Total non-current liabilities	1.4%	3,747	3,697	4,058	3,255	1,228	952
Borrowings, current	-	0	0	0	0	0	0
Total current financial liabilities	-10%	980	1,089	507	633	798	718
Provisions, current	-2%	392	400	379	352	353	1,554
Current tax liabilities	-	-	-	-	-	-	309
Total current liabilities	1.5%	3,050	3,006	1,866	2,206	2,469	2,581
Total liabilities	1.4%	6,798	6,703	5,924	5,461	3,697	3,533
Equity share capital	0%	183	183	183	183	183	183
Total equity	2.6%	3,732	3,637	3,373	3,212	3,128	3,031
Total equity and liabilities	1.8%	10,530	10,340	9,297	8,672	6,825	6,564

Is Bharat Dynamics Better than it's peers?

Detailed comparison of Bharat Dynamics against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HAL	Hindustan AeronauticsAerospace & Defense	3 LCr	34.52 kCr	+1.77%	+13.92%	34.55	8.7	+14.42%	+41.55%
BEL	Bharat ElectronicsAerospace & Defense	2.28 LCr	23.96 kCr	-0.71%	+34.37%	45.59	9.5	+28.15%	+39.82%
COCHINSHIP	Cochin ShipyardShip Building & Allied Services	40.24 kCr	4.66 kCr	-2.57%	+22.08%	50.37	8.64	+35.25%	+41.70%
GRSE	Garden Reach Shipbuilders & EngineersAerospace & Defense	21.54 kCr	4.75 kCr	-4.96%	+93.82%	54.56	4.54	+36.71%	+31.16%
BEML	BEMLConstruction Vehicles	13.33 kCr	3.91 kCr	+10.49%	-9.79%	50.94	3.41	-2.07%	+43.30%
ASTRAMICRO	Astra Microwave ProductsAerospace & Defense	7.86 kCr	1.01 kCr	+17.17%	+18.87%	58.45	7.81	+22.26%	+67.64%

BDL - Bharat Dynamics Limited Share Price

What does Bharat Dynamics Limited do?

Sector Comparison: BDL vs Aerospace & Defense

Comparative Metrics

Performance Comparison

Valuation

Fundamentals

Profitability

Income Statement for Bharat Dynamics

Cash Flow for Bharat Dynamics

Latest News and Updates from Bharat Dynamics

The Bad News

The Good News

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Updates from Bharat Dynamics

Investor Care

Financial Health

Balance Sheet for Bharat Dynamics

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Is Bharat Dynamics Better than it's peers?