Share Price and Basic Stock Data
Last Updated: November 28, 2025, 7:44 am
| PEG Ratio | 15.28 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Bharat Dynamics Ltd (BDL), operating in the Aerospace & Defense sector, reported a market capitalization of ₹55,144 Cr and a share price of ₹1,504. The company has exhibited fluctuating revenue trends, with total sales recorded at ₹2,489 Cr for FY 2023, a decline from ₹2,817 Cr in FY 2022. The trailing twelve months (TTM) sales stood at ₹4,004 Cr, indicating a recovery as the company transitions into FY 2025, with reported sales of ₹3,345 Cr. Quarterly sales figures reveal variability, with a peak of ₹854 Cr in Mar 2024 and a low of ₹298 Cr in Jun 2023. This volatility suggests sensitivity to project timelines and contract awards, common in the defense sector. The sales trajectory reflects a complex operational environment, with BDL’s ability to meet delivery schedules impacting revenue recognition significantly. Overall, the recent quarterly performance indicates a potential rebound heading into FY 2025, which may signal a return to consistent growth if operational challenges are effectively managed.
Profitability and Efficiency Metrics
In terms of profitability, Bharat Dynamics Ltd reported a net profit of ₹654 Cr for the TTM, with a net profit margin of 16.43% for FY 2025. The company experienced fluctuations in operating profit margins (OPM), recording -18% in Jun 2024, but rebounding to 17% by Mar 2025. OPM stood at 14% for FY 2025, showcasing the challenges in maintaining profitability amidst variable sales. The interest coverage ratio (ICR) is exceptionally high at 248.64x, indicating robust capacity to meet interest obligations, which is a positive aspect of BDL’s financial health. The return on equity (ROE) stood at 14.4%, while return on capital employed (ROCE) was recorded at 19.7%, reflecting efficient utilization of equity and capital. However, the negative OPM in certain quarters raises concerns about cost management and operational efficiency, necessitating further scrutiny of expense control measures.
Balance Sheet Strength and Financial Ratios
Bharat Dynamics Ltd’s balance sheet exhibits a strong position with total assets amounting to ₹11,814 Cr and minimal borrowings of ₹7 Cr, reflecting a low leverage scenario. The reserves increased to ₹3,826 Cr in FY 2025, indicating retained earnings that bolster financial stability. The company’s current ratio is recorded at 2.38x, well above the typical industry standard, signaling strong liquidity. The price-to-book value (P/BV) ratio stood at 11.71x, suggesting that the market values the company significantly higher than its book value, which may indicate investor optimism or a premium for growth prospects. However, the cash conversion cycle (CCC) of 354 days highlights potential inefficiencies in working capital management, which could impact cash flow availability for operations. Overall, BDL’s balance sheet reflects a solid financial foundation, although attention is needed on working capital management to enhance operational efficiency.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Bharat Dynamics Ltd reveals a strong promoter holding of 74.93%, indicating significant insider confidence in the company’s future. Foreign institutional investors (FIIs) held 2.43%, while domestic institutional investors (DIIs) accounted for 11.30%, suggesting moderate institutional interest. The number of shareholders has increased to 5,37,004, highlighting growing retail investor participation. However, the fluctuating FIIs’ stake, which peaked at 3.36% in Jun 2023 but has since declined, raises questions about the perception of the company’s growth prospects among foreign investors. The stability of promoter holdings amidst changes in institutional and public participation reflects confidence in BDL’s long-term strategy. The relatively low public ownership of 11.34% indicates potential for increased retail interest if operational performance and profitability metrics improve consistently.
Outlook, Risks, and Final Insight
Bharat Dynamics Ltd faces a mixed outlook characterized by both opportunities and risks. On the positive side, the rebound in sales and profitability metrics in FY 2025 suggests potential for recovery and growth in a sector poised for expansion. However, the company must navigate challenges such as managing production costs and improving operational efficiencies, particularly given the negative OPM in certain quarters. Additionally, fluctuations in institutional investor confidence could impact share price stability. The defense sector’s inherent project delays and procurement complexities pose further risks to revenue predictability. To mitigate these challenges, BDL should focus on enhancing operational efficiencies and diversifying its product offerings to reduce dependence on a limited number of contracts. Overall, while BDL’s fundamentals reflect strength, ongoing attention to operational execution and market dynamics is essential for sustaining growth and enhancing shareholder value.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Bharat Dynamics Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| MTAR Technologies Ltd | 7,773 Cr. | 2,527 | 2,719/1,152 | 168 | 243 | 0.00 % | 10.5 % | 7.51 % | 10.0 |
| DCX Systems Ltd | 2,062 Cr. | 185 | 393/178 | 52.5 | 105 | 0.00 % | 5.10 % | 3.14 % | 2.00 |
| Data Patterns (India) Ltd | 17,040 Cr. | 3,044 | 3,269/1,350 | 73.0 | 275 | 0.27 % | 21.0 % | 15.2 % | 2.00 |
| Paras Defence and Space Technologies Ltd | 5,859 Cr. | 727 | 972/401 | 82.2 | 84.0 | 0.03 % | 16.6 % | 11.8 % | 5.00 |
| Zen Technologies Ltd | 12,704 Cr. | 1,407 | 2,628/945 | 61.4 | 195 | 0.14 % | 32.9 % | 24.6 % | 1.00 |
| Industry Average | 68,416.82 Cr | 1,662.45 | 74.96 | 177.62 | 0.28% | 22.58% | 16.73% | 4.00 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 695 | 535 | 462 | 798 | 298 | 616 | 602 | 854 | 191 | 545 | 832 | 1,777 | 248 |
| Expenses | 653 | 441 | 373 | 615 | 330 | 482 | 483 | 538 | 243 | 446 | 705 | 1,478 | 293 |
| Operating Profit | 42 | 94 | 89 | 183 | -33 | 134 | 119 | 316 | -52 | 99 | 127 | 299 | -45 |
| OPM % | 6% | 18% | 19% | 23% | -11% | 22% | 20% | 37% | -27% | 18% | 15% | 17% | -18% |
| Other Income | 37 | 45 | 36 | 37 | 107 | 78 | 88 | 88 | 80 | 86 | 84 | 100 | 87 |
| Interest | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 23 | 21 | 19 | 14 | 17 | 17 | 16 | 16 | 16 | 18 | 18 | 20 | 18 |
| Profit before tax | 53 | 117 | 106 | 206 | 57 | 194 | 189 | 388 | 11 | 166 | 193 | 378 | 23 |
| Tax % | 25% | 35% | 21% | 26% | 27% | 24% | 29% | 26% | 36% | 26% | 24% | 28% | 21% |
| Net Profit | 40 | 76 | 84 | 153 | 42 | 147 | 135 | 289 | 7 | 123 | 147 | 273 | 18 |
| EPS in Rs | 1.09 | 2.07 | 2.28 | 4.17 | 1.14 | 4.01 | 3.68 | 7.88 | 0.20 | 3.34 | 4.01 | 7.44 | 0.50 |
Last Updated: August 20, 2025, 12:55 pm
Below is a detailed analysis of the quarterly data for Bharat Dynamics Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 248.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,777.00 Cr. (Mar 2025) to 248.00 Cr., marking a decrease of 1,529.00 Cr..
- For Expenses, as of Jun 2025, the value is 293.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,478.00 Cr. (Mar 2025) to 293.00 Cr., marking a decrease of 1,185.00 Cr..
- For Operating Profit, as of Jun 2025, the value is -45.00 Cr.. The value appears to be declining and may need further review. It has decreased from 299.00 Cr. (Mar 2025) to -45.00 Cr., marking a decrease of 344.00 Cr..
- For OPM %, as of Jun 2025, the value is -18.00%. The value appears to be declining and may need further review. It has decreased from 17.00% (Mar 2025) to -18.00%, marking a decrease of 35.00%.
- For Other Income, as of Jun 2025, the value is 87.00 Cr.. The value appears to be declining and may need further review. It has decreased from 100.00 Cr. (Mar 2025) to 87.00 Cr., marking a decrease of 13.00 Cr..
- For Interest, as of Jun 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 18.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 20.00 Cr. (Mar 2025) to 18.00 Cr., marking a decrease of 2.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 23.00 Cr.. The value appears to be declining and may need further review. It has decreased from 378.00 Cr. (Mar 2025) to 23.00 Cr., marking a decrease of 355.00 Cr..
- For Tax %, as of Jun 2025, the value is 21.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Mar 2025) to 21.00%, marking a decrease of 7.00%.
- For Net Profit, as of Jun 2025, the value is 18.00 Cr.. The value appears to be declining and may need further review. It has decreased from 273.00 Cr. (Mar 2025) to 18.00 Cr., marking a decrease of 255.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.50. The value appears to be declining and may need further review. It has decreased from 7.44 (Mar 2025) to 0.50, marking a decrease of 6.94.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 5:39 am
| Metric | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,076 | 2,841 | 4,079 | 4,887 | 4,588 | 3,069 | 3,105 | 1,914 | 2,817 | 2,489 | 2,369 | 3,345 | 4,004 |
| Expenses | 1,088 | 2,564 | 3,564 | 4,317 | 3,919 | 2,446 | 2,349 | 1,568 | 2,090 | 2,080 | 1,832 | 2,872 | 3,436 |
| Operating Profit | -12 | 277 | 515 | 569 | 669 | 623 | 756 | 346 | 727 | 409 | 537 | 473 | 568 |
| OPM % | -1% | 10% | 13% | 12% | 15% | 20% | 24% | 18% | 26% | 16% | 23% | 14% | 14% |
| Other Income | 464 | 439 | 385 | 300 | 173 | 136 | 88 | 95 | 78 | 155 | 362 | 350 | 391 |
| Interest | 1 | 5 | 5 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 4 | 4 | 3 |
| Depreciation | 42 | 67 | 53 | 62 | 63 | 82 | 96 | 95 | 90 | 77 | 67 | 71 | 74 |
| Profit before tax | 409 | 644 | 841 | 803 | 774 | 671 | 742 | 341 | 710 | 482 | 828 | 749 | 882 |
| Tax % | 32% | 31% | 33% | 35% | 32% | 37% | 28% | 24% | 30% | 27% | 26% | 27% | |
| Net Profit | 279 | 444 | 562 | 524 | 528 | 423 | 535 | 258 | 500 | 352 | 613 | 550 | 654 |
| EPS in Rs | 1,212.13 | 1,928.48 | 2,810.35 | 2,183.58 | 14.41 | 11.53 | 14.59 | 7.03 | 13.64 | 9.61 | 16.71 | 14.99 | 17.84 |
| Dividend Payout % | 21% | 19% | 30% | 30% | 25% | 30% | 30% | 52% | 30% | 49% | 32% | 31% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 26.58% | -6.76% | 0.76% | -19.89% | 26.48% | -51.78% | 93.80% | -29.60% | 74.15% | -10.28% |
| Change in YoY Net Profit Growth (%) | 0.00% | -33.34% | 7.52% | -20.65% | 46.36% | -78.25% | 145.57% | -123.40% | 103.75% | -84.43% |
Bharat Dynamics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 2% |
| 3 Years: | 6% |
| TTM: | 50% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 1% |
| 3 Years: | 2% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 51% |
| 1 Year: | 8% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 14% |
| 3 Years: | 15% |
| Last Year: | 14% |
Last Updated: September 5, 2025, 12:50 am
Balance Sheet
Last Updated: September 10, 2025, 1:33 pm
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 115 | 115 | 98 | 122 | 183 | 183 | 183 | 183 | 183 | 183 | 183 | 183 |
| Reserves | 936 | 1,538 | 1,753 | 2,073 | 1,773 | 2,085 | 2,424 | 2,501 | 2,847 | 3,028 | 3,454 | 3,826 |
| Borrowings | 0 | 0 | 4 | 4 | 4 | 5 | 15 | 11 | 10 | 9 | 8 | 7 |
| Other Liabilities | 6,199 | 6,759 | 7,786 | 6,208 | 4,697 | 3,250 | 3,128 | 3,334 | 3,595 | 5,535 | 6,781 | 7,798 |
| Total Liabilities | 7,251 | 8,412 | 9,641 | 8,407 | 6,657 | 5,523 | 5,750 | 6,030 | 6,636 | 8,756 | 10,426 | 11,814 |
| Fixed Assets | 277 | 518 | 697 | 757 | 868 | 957 | 932 | 915 | 874 | 809 | 824 | 857 |
| CWIP | 70 | 142 | 126 | 136 | 130 | 47 | 42 | 22 | 41 | 74 | 73 | 230 |
| Investments | 1 | 3 | 3 | 3 | 239 | 4 | 4 | 5 | 0 | 0 | 0 | 4 |
| Other Assets | 6,904 | 7,749 | 8,815 | 7,511 | 5,420 | 4,516 | 4,771 | 5,089 | 5,721 | 7,873 | 9,530 | 10,723 |
| Total Assets | 7,251 | 8,412 | 9,641 | 8,407 | 6,657 | 5,523 | 5,750 | 6,030 | 6,636 | 8,756 | 10,426 | 11,814 |
Below is a detailed analysis of the balance sheet data for Bharat Dynamics Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 183.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 183.00 Cr..
- For Reserves, as of Mar 2025, the value is 3,826.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,454.00 Cr. (Mar 2024) to 3,826.00 Cr., marking an increase of 372.00 Cr..
- For Borrowings, as of Mar 2025, the value is 7.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 8.00 Cr. (Mar 2024) to 7.00 Cr., marking a decrease of 1.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 7,798.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6,781.00 Cr. (Mar 2024) to 7,798.00 Cr., marking an increase of 1,017.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 11,814.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10,426.00 Cr. (Mar 2024) to 11,814.00 Cr., marking an increase of 1,388.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 857.00 Cr.. The value appears strong and on an upward trend. It has increased from 824.00 Cr. (Mar 2024) to 857.00 Cr., marking an increase of 33.00 Cr..
- For CWIP, as of Mar 2025, the value is 230.00 Cr.. The value appears strong and on an upward trend. It has increased from 73.00 Cr. (Mar 2024) to 230.00 Cr., marking an increase of 157.00 Cr..
- For Investments, as of Mar 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 4.00 Cr., marking an increase of 4.00 Cr..
- For Other Assets, as of Mar 2025, the value is 10,723.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,530.00 Cr. (Mar 2024) to 10,723.00 Cr., marking an increase of 1,193.00 Cr..
- For Total Assets, as of Mar 2025, the value is 11,814.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,426.00 Cr. (Mar 2024) to 11,814.00 Cr., marking an increase of 1,388.00 Cr..
Notably, the Reserves (3,826.00 Cr.) exceed the Borrowings (7.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -12.00 | 277.00 | 511.00 | 565.00 | 665.00 | 618.00 | 741.00 | 335.00 | 717.00 | 400.00 | 529.00 | 466.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 93 | 43 | 13 | 12 | 61 | 63 | 40 | 62 | 39 | 27 | 48 | 90 |
| Inventory Days | 534 | 286 | 302 | 276 | 254 | 380 | 222 | 636 | 534 | 584 | 841 | 591 |
| Days Payable | 153 | 100 | 202 | 186 | 129 | 115 | 83 | 322 | 171 | 142 | 325 | 328 |
| Cash Conversion Cycle | 475 | 230 | 114 | 101 | 186 | 328 | 178 | 375 | 403 | 469 | 564 | 354 |
| Working Capital Days | -1,137 | -126 | -106 | -11 | 44 | 128 | 195 | 169 | 144 | 237 | 322 | 207 |
| ROCE % | 46% | 48% | 40% | 37% | 32% | 31% | 13% | 26% | 16% | 24% | 20% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Flexi Cap Fund - Regular Plan | 3,890,772 | 0.96 | 379.02 | 3,890,772 | 2025-04-22 17:25:40 | 0% |
| HDFC Balanced Advantage Fund - Regular Plan | 3,865,105 | 0.59 | 376.52 | 3,865,105 | 2025-04-22 17:25:40 | 0% |
| Nippon India ELSS Tax Saver Fund | 627,441 | 0.56 | 72.96 | 627,441 | 2025-04-22 17:25:40 | 0% |
| HDFC Capital Builder Value Fund - Regular Plan | 700,000 | 1.21 | 68.19 | 700,000 | 2025-04-22 17:25:40 | 0% |
| Edelweiss Mid Cap Fund | 535,737 | 1.46 | 62.29 | 535,737 | 2025-04-22 17:25:40 | 0% |
| Axis Midcap Fund | 521,426 | 0.26 | 60.63 | 521,426 | 2025-04-22 17:25:40 | 0% |
| Nippon India Small Cap Fund | 416,745 | 0.12 | 48.46 | 416,745 | 2025-04-22 17:25:40 | 0% |
| Edelweiss Small Cap Fund | 333,668 | 1.38 | 38.8 | 333,668 | 2025-04-22 17:25:40 | 0% |
| Motilal Oswal Large and Midcap Fund | 250,000 | 1.07 | 29.07 | 250,000 | 2025-04-22 17:25:40 | 0% |
| Nippon India Innovation Fund | 225,000 | 2.44 | 26.16 | 225,000 | 2025-04-22 17:25:40 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 5.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 14.99 | 33.43 | 19.22 | 27.28 | 14.06 |
| Diluted EPS (Rs.) | 14.99 | 33.43 | 19.22 | 27.28 | 14.06 |
| Cash EPS (Rs.) | 16.92 | 37.09 | 23.43 | 32.21 | 19.22 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 109.37 | 198.43 | 175.22 | 165.35 | 146.48 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 109.37 | 198.43 | 175.22 | 165.35 | 146.48 |
| Dividend / Share (Rs.) | 4.65 | 10.55 | 9.35 | 8.30 | 7.35 |
| Revenue From Operations / Share (Rs.) | 91.25 | 129.27 | 135.82 | 153.72 | 104.42 |
| PBDIT / Share (Rs.) | 22.45 | 49.02 | 30.75 | 45.68 | 23.97 |
| PBIT / Share (Rs.) | 20.52 | 45.36 | 26.54 | 40.75 | 18.81 |
| PBT / Share (Rs.) | 20.43 | 45.19 | 26.29 | 38.73 | 18.60 |
| Net Profit / Share (Rs.) | 14.99 | 33.43 | 19.22 | 27.28 | 14.06 |
| PBDIT Margin (%) | 24.59 | 37.91 | 22.63 | 29.71 | 22.95 |
| PBIT Margin (%) | 22.48 | 35.08 | 19.53 | 26.51 | 18.01 |
| PBT Margin (%) | 22.38 | 34.95 | 19.35 | 25.19 | 17.81 |
| Net Profit Margin (%) | 16.43 | 25.86 | 14.14 | 17.74 | 13.46 |
| Return on Networth / Equity (%) | 13.71 | 16.84 | 10.96 | 16.49 | 9.60 |
| Return on Capital Employeed (%) | 10.18 | 11.33 | 7.52 | 18.75 | 10.02 |
| Return On Assets (%) | 4.68 | 5.92 | 4.06 | 7.61 | 4.32 |
| Asset Turnover Ratio (%) | 0.30 | 0.24 | 0.32 | 0.44 | 0.32 |
| Current Ratio (X) | 2.38 | 3.07 | 3.45 | 2.14 | 1.94 |
| Quick Ratio (X) | 1.77 | 2.41 | 2.62 | 1.50 | 1.39 |
| Inventory Turnover Ratio (X) | 1.45 | 1.25 | 0.69 | 0.82 | 0.86 |
| Dividend Payout Ratio (NP) (%) | 32.34 | 30.06 | 47.61 | 29.14 | 65.77 |
| Dividend Payout Ratio (CP) (%) | 28.65 | 27.09 | 39.05 | 24.68 | 48.12 |
| Earning Retention Ratio (%) | 67.66 | 69.94 | 52.39 | 70.86 | 34.23 |
| Cash Earning Retention Ratio (%) | 71.35 | 72.91 | 60.95 | 75.32 | 51.88 |
| Interest Coverage Ratio (X) | 248.64 | 289.31 | 124.24 | 244.51 | 112.28 |
| Interest Coverage Ratio (Post Tax) (X) | 167.10 | 198.32 | 78.63 | 156.80 | 66.88 |
| Enterprise Value (Cr.) | 42757.11 | 27869.55 | 14263.06 | 8118.62 | 4534.98 |
| EV / Net Operating Revenue (X) | 12.78 | 11.76 | 5.73 | 2.88 | 2.37 |
| EV / EBITDA (X) | 51.97 | 31.02 | 25.31 | 9.70 | 10.32 |
| MarketCap / Net Operating Revenue (X) | 14.03 | 13.55 | 7.28 | 3.56 | 3.19 |
| Retention Ratios (%) | 67.65 | 69.93 | 52.38 | 70.85 | 34.22 |
| Price / BV (X) | 11.71 | 8.83 | 5.64 | 3.31 | 2.27 |
| Price / Net Operating Revenue (X) | 14.03 | 13.55 | 7.28 | 3.56 | 3.19 |
| EarningsYield | 0.01 | 0.01 | 0.01 | 0.04 | 0.04 |
After reviewing the key financial ratios for Bharat Dynamics Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. It has decreased from 10.00 (Mar 24) to 5.00, marking a decrease of 5.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 14.99. This value is within the healthy range. It has decreased from 33.43 (Mar 24) to 14.99, marking a decrease of 18.44.
- For Diluted EPS (Rs.), as of Mar 25, the value is 14.99. This value is within the healthy range. It has decreased from 33.43 (Mar 24) to 14.99, marking a decrease of 18.44.
- For Cash EPS (Rs.), as of Mar 25, the value is 16.92. This value is within the healthy range. It has decreased from 37.09 (Mar 24) to 16.92, marking a decrease of 20.17.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 109.37. It has decreased from 198.43 (Mar 24) to 109.37, marking a decrease of 89.06.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 109.37. It has decreased from 198.43 (Mar 24) to 109.37, marking a decrease of 89.06.
- For Dividend / Share (Rs.), as of Mar 25, the value is 4.65. This value exceeds the healthy maximum of 3. It has decreased from 10.55 (Mar 24) to 4.65, marking a decrease of 5.90.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 91.25. It has decreased from 129.27 (Mar 24) to 91.25, marking a decrease of 38.02.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 22.45. This value is within the healthy range. It has decreased from 49.02 (Mar 24) to 22.45, marking a decrease of 26.57.
- For PBIT / Share (Rs.), as of Mar 25, the value is 20.52. This value is within the healthy range. It has decreased from 45.36 (Mar 24) to 20.52, marking a decrease of 24.84.
- For PBT / Share (Rs.), as of Mar 25, the value is 20.43. This value is within the healthy range. It has decreased from 45.19 (Mar 24) to 20.43, marking a decrease of 24.76.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 14.99. This value is within the healthy range. It has decreased from 33.43 (Mar 24) to 14.99, marking a decrease of 18.44.
- For PBDIT Margin (%), as of Mar 25, the value is 24.59. This value is within the healthy range. It has decreased from 37.91 (Mar 24) to 24.59, marking a decrease of 13.32.
- For PBIT Margin (%), as of Mar 25, the value is 22.48. This value exceeds the healthy maximum of 20. It has decreased from 35.08 (Mar 24) to 22.48, marking a decrease of 12.60.
- For PBT Margin (%), as of Mar 25, the value is 22.38. This value is within the healthy range. It has decreased from 34.95 (Mar 24) to 22.38, marking a decrease of 12.57.
- For Net Profit Margin (%), as of Mar 25, the value is 16.43. This value exceeds the healthy maximum of 10. It has decreased from 25.86 (Mar 24) to 16.43, marking a decrease of 9.43.
- For Return on Networth / Equity (%), as of Mar 25, the value is 13.71. This value is below the healthy minimum of 15. It has decreased from 16.84 (Mar 24) to 13.71, marking a decrease of 3.13.
- For Return on Capital Employeed (%), as of Mar 25, the value is 10.18. This value is within the healthy range. It has decreased from 11.33 (Mar 24) to 10.18, marking a decrease of 1.15.
- For Return On Assets (%), as of Mar 25, the value is 4.68. This value is below the healthy minimum of 5. It has decreased from 5.92 (Mar 24) to 4.68, marking a decrease of 1.24.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.30. It has increased from 0.24 (Mar 24) to 0.30, marking an increase of 0.06.
- For Current Ratio (X), as of Mar 25, the value is 2.38. This value is within the healthy range. It has decreased from 3.07 (Mar 24) to 2.38, marking a decrease of 0.69.
- For Quick Ratio (X), as of Mar 25, the value is 1.77. This value is within the healthy range. It has decreased from 2.41 (Mar 24) to 1.77, marking a decrease of 0.64.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 1.45. This value is below the healthy minimum of 4. It has increased from 1.25 (Mar 24) to 1.45, marking an increase of 0.20.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 32.34. This value is within the healthy range. It has increased from 30.06 (Mar 24) to 32.34, marking an increase of 2.28.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 28.65. This value is within the healthy range. It has increased from 27.09 (Mar 24) to 28.65, marking an increase of 1.56.
- For Earning Retention Ratio (%), as of Mar 25, the value is 67.66. This value is within the healthy range. It has decreased from 69.94 (Mar 24) to 67.66, marking a decrease of 2.28.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 71.35. This value exceeds the healthy maximum of 70. It has decreased from 72.91 (Mar 24) to 71.35, marking a decrease of 1.56.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 248.64. This value is within the healthy range. It has decreased from 289.31 (Mar 24) to 248.64, marking a decrease of 40.67.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 167.10. This value is within the healthy range. It has decreased from 198.32 (Mar 24) to 167.10, marking a decrease of 31.22.
- For Enterprise Value (Cr.), as of Mar 25, the value is 42,757.11. It has increased from 27,869.55 (Mar 24) to 42,757.11, marking an increase of 14,887.56.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 12.78. This value exceeds the healthy maximum of 3. It has increased from 11.76 (Mar 24) to 12.78, marking an increase of 1.02.
- For EV / EBITDA (X), as of Mar 25, the value is 51.97. This value exceeds the healthy maximum of 15. It has increased from 31.02 (Mar 24) to 51.97, marking an increase of 20.95.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 14.03. This value exceeds the healthy maximum of 3. It has increased from 13.55 (Mar 24) to 14.03, marking an increase of 0.48.
- For Retention Ratios (%), as of Mar 25, the value is 67.65. This value is within the healthy range. It has decreased from 69.93 (Mar 24) to 67.65, marking a decrease of 2.28.
- For Price / BV (X), as of Mar 25, the value is 11.71. This value exceeds the healthy maximum of 3. It has increased from 8.83 (Mar 24) to 11.71, marking an increase of 2.88.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 14.03. This value exceeds the healthy maximum of 3. It has increased from 13.55 (Mar 24) to 14.03, marking an increase of 0.48.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bharat Dynamics Ltd:
- Net Profit Margin: 16.43%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 10.18% (Industry Average ROCE: 22.58%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 13.71% (Industry Average ROE: 16.73%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 167.1
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.77
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 84.3 (Industry average Stock P/E: 74.96)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 16.43%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Aerospace & Defense | Kanchanbagh Post Hyderabad Telangana 500058 | bdlitd@bdl-india.in http://www.bdl-india.in |
| Management | |
|---|---|
| Name | Position Held |
| Commodore A Madhavarao | Chairman & Managing Director |
| Mr. Jashwant Lal | Independent Director |
| Mr. U Raja Babu | Government Director |
| Mr. P V Raja Ram | Whole Time Director |
| Mr. Amit Satija | Government Director |
| Mr. D V Srinivas Rao | Director - Technical |
| Mr. G Gayatri Prasad | Director - Finance |
| Mr. Chetan Bansilal Kankaria | Independent Director |
FAQ
What is the intrinsic value of Bharat Dynamics Ltd?
Bharat Dynamics Ltd's intrinsic value (as of 30 November 2025) is 1120.27 which is 25.51% lower the current market price of 1,504.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 55,144 Cr. market cap, FY2025-2026 high/low of 2,097/907, reserves of ₹3,826 Cr, and liabilities of 11,814 Cr.
What is the Market Cap of Bharat Dynamics Ltd?
The Market Cap of Bharat Dynamics Ltd is 55,144 Cr..
What is the current Stock Price of Bharat Dynamics Ltd as on 30 November 2025?
The current stock price of Bharat Dynamics Ltd as on 30 November 2025 is 1,504.
What is the High / Low of Bharat Dynamics Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Bharat Dynamics Ltd stocks is 2,097/907.
What is the Stock P/E of Bharat Dynamics Ltd?
The Stock P/E of Bharat Dynamics Ltd is 84.3.
What is the Book Value of Bharat Dynamics Ltd?
The Book Value of Bharat Dynamics Ltd is 115.
What is the Dividend Yield of Bharat Dynamics Ltd?
The Dividend Yield of Bharat Dynamics Ltd is 0.31 %.
What is the ROCE of Bharat Dynamics Ltd?
The ROCE of Bharat Dynamics Ltd is 19.7 %.
What is the ROE of Bharat Dynamics Ltd?
The ROE of Bharat Dynamics Ltd is 14.4 %.
What is the Face Value of Bharat Dynamics Ltd?
The Face Value of Bharat Dynamics Ltd is 5.00.