Share Price and Basic Stock Data
Last Updated: January 9, 2026, 5:49 am
| PEG Ratio | 15.57 |
|---|
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 current market capitalization of ₹56,320 Cr and a stock price of ₹1,536. The company’s revenue from operations for the trailing twelve months (TTM) stood at ₹4,004 Cr, reflecting a significant recovery from previous years, particularly from ₹2,489 Cr in FY 2023. Quarterly sales figures exhibited volatility, with the highest sales of ₹854 Cr recorded in March 2024, while the lowest was ₹191 Cr in June 2024. This fluctuation highlights the cyclical nature of defense contracts and project timelines. The sales trajectory shows a general upward trend, with an increase in quarterly sales from ₹535 Cr in September 2022 to ₹616 Cr in September 2023, indicating a recovery in demand for defense products. Such trends position BDL favorably within the competitive landscape of the Indian defense industry, which has seen increasing government focus on self-reliance in defense manufacturing.
Profitability and Efficiency Metrics
Profitability metrics for Bharat Dynamics Ltd demonstrate a mixed performance. The operating profit margin (OPM) for the TTM stood at 14%, with fluctuations seen in quarterly performance, such as a high of 37% in March 2024 and a low of -27% in June 2024. The net profit for FY 2025 was reported at ₹550 Cr, down from ₹613 Cr in FY 2024, signifying a decline in profitability year-over-year. However, the return on equity (ROE) was recorded at 14.4%, which is relatively strong for the sector, indicating effective utilization of shareholder funds. The interest coverage ratio (ICR) stood at an impressive 248.64x, highlighting BDL’s ability to meet interest obligations comfortably, supported by low borrowings of just ₹1 Cr. This financial health underlines the company’s capacity to sustain operations and invest in future growth opportunities while managing costs effectively.
Balance Sheet Strength and Financial Ratios
Bharat Dynamics Ltd’s balance sheet reflects a robust financial position, characterized by total assets of ₹11,814 Cr and substantial reserves of ₹4,034 Cr. The company reported a low level of borrowings, which stood at just ₹1 Cr, indicating minimal leverage and a conservative capital structure. The price-to-book value ratio (P/BV) was noted at 11.71x, suggesting that the stock is trading at a premium relative to its book value, which may indicate investor confidence. The current ratio stood at 2.38x, indicating good short-term financial health, while the quick ratio of 1.77x suggests adequate liquidity to cover immediate obligations. However, the cash conversion cycle (CCC) of 354 days raises concerns about operational efficiency, as it indicates a longer duration for converting investments in inventory and receivables back into cash, potentially affecting cash flow management.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Bharat Dynamics Ltd reveals a strong promoter holding of 74.93%, which suggests stability and control over corporate governance. Foreign Institutional Investors (FIIs) held 2.43%, while Domestic Institutional Investors (DIIs) accounted for 11.30% of the total shareholding, indicating a modest interest from institutional investors. The number of shareholders increased significantly over recent quarters, rising from 1,77,596 in December 2022 to 5,37,004 in September 2025, reflecting growing retail investor interest and confidence in the company’s prospects. This surge in shareholders can be linked to the overall positive sentiment in the defense sector, buoyed by government initiatives and increasing defense budgets. However, the relatively low FII participation may suggest some caution among foreign investors regarding the stock’s valuation or market dynamics.
Outlook, Risks, and Final Insight
Looking ahead, Bharat Dynamics Ltd is positioned to benefit from the increasing government focus on defense modernization and self-reliance, which could drive future revenue growth. However, risks remain, including the cyclical nature of defense contracts leading to revenue volatility and the potential impact of geopolitical tensions on procurement budgets. Additionally, operational inefficiencies reflected in the lengthy cash conversion cycle could pose challenges in cash flow management. The company’s ability to navigate these risks while capitalizing on opportunities in the defense sector will be crucial. Overall, BDL’s strong balance sheet, low debt levels, and solid promoter backing suggest resilience, but attention to operational efficiency and market dynamics will be key in sustaining growth and shareholder value in the coming years.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| MTAR Technologies Ltd | 7,744 Cr. | 2,518 | 2,719/1,152 | 167 | 243 | 0.00 % | 10.5 % | 7.51 % | 10.0 |
| DCX Systems Ltd | 2,120 Cr. | 190 | 378/154 | 54.0 | 105 | 0.00 % | 5.10 % | 3.14 % | 2.00 |
| Data Patterns (India) Ltd | 15,028 Cr. | 2,684 | 3,269/1,350 | 64.4 | 275 | 0.29 % | 21.0 % | 15.2 % | 2.00 |
| Paras Defence and Space Technologies Ltd | 5,557 Cr. | 690 | 972/401 | 78.0 | 84.0 | 0.04 % | 16.6 % | 11.8 % | 5.00 |
| Zen Technologies Ltd | 12,009 Cr. | 1,330 | 2,530/945 | 58.1 | 195 | 0.15 % | 32.9 % | 24.6 % | 1.00 |
| Industry Average | 68,078.09 Cr | 1,596.27 | 73.37 | 177.62 | 0.28% | 22.58% | 16.73% | 4.00 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 535 | 462 | 798 | 298 | 616 | 602 | 854 | 191 | 545 | 832 | 1,777 | 248 | 1,147 |
| Expenses | 441 | 373 | 615 | 330 | 482 | 483 | 538 | 243 | 446 | 705 | 1,478 | 293 | 960 |
| Operating Profit | 94 | 89 | 183 | -33 | 134 | 119 | 316 | -52 | 99 | 127 | 299 | -45 | 188 |
| OPM % | 18% | 19% | 23% | -11% | 22% | 20% | 37% | -27% | 18% | 15% | 17% | -18% | 16% |
| Other Income | 45 | 36 | 37 | 107 | 78 | 88 | 88 | 80 | 86 | 84 | 100 | 87 | 121 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 21 | 19 | 14 | 17 | 17 | 16 | 16 | 16 | 18 | 18 | 20 | 18 | 19 |
| Profit before tax | 117 | 106 | 206 | 57 | 194 | 189 | 388 | 11 | 166 | 193 | 378 | 23 | 288 |
| Tax % | 35% | 21% | 26% | 27% | 24% | 29% | 26% | 36% | 26% | 24% | 28% | 21% | 25% |
| Net Profit | 76 | 84 | 153 | 42 | 147 | 135 | 289 | 7 | 123 | 147 | 273 | 18 | 216 |
| EPS in Rs | 2.07 | 2.28 | 4.17 | 1.14 | 4.01 | 3.68 | 7.88 | 0.20 | 3.34 | 4.01 | 7.44 | 0.50 | 5.89 |
Last Updated: January 2, 2026, 6:32 am
Below is a detailed analysis of the quarterly data for Bharat Dynamics Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 1,147.00 Cr.. The value appears strong and on an upward trend. It has increased from 248.00 Cr. (Jun 2025) to 1,147.00 Cr., marking an increase of 899.00 Cr..
- For Expenses, as of Sep 2025, the value is 960.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 293.00 Cr. (Jun 2025) to 960.00 Cr., marking an increase of 667.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 188.00 Cr.. The value appears strong and on an upward trend. It has increased from -45.00 Cr. (Jun 2025) to 188.00 Cr., marking an increase of 233.00 Cr..
- For OPM %, as of Sep 2025, the value is 16.00%. The value appears strong and on an upward trend. It has increased from -18.00% (Jun 2025) to 16.00%, marking an increase of 34.00%.
- For Other Income, as of Sep 2025, the value is 121.00 Cr.. The value appears strong and on an upward trend. It has increased from 87.00 Cr. (Jun 2025) to 121.00 Cr., marking an increase of 34.00 Cr..
- For Interest, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 19.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 18.00 Cr. (Jun 2025) to 19.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 288.00 Cr.. The value appears strong and on an upward trend. It has increased from 23.00 Cr. (Jun 2025) to 288.00 Cr., marking an increase of 265.00 Cr..
- For Tax %, as of Sep 2025, the value is 25.00%. The value appears to be increasing, which may not be favorable. It has increased from 21.00% (Jun 2025) to 25.00%, marking an increase of 4.00%.
- For Net Profit, as of Sep 2025, the value is 216.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Jun 2025) to 216.00 Cr., marking an increase of 198.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 5.89. The value appears strong and on an upward trend. It has increased from 0.50 (Jun 2025) to 5.89, marking an increase of 5.39.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:34 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: December 10, 2025, 2:27 am
| 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 115 | 115 | 98 | 122 | 183 | 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 | 4,034 |
| Borrowings | 0 | 0 | 4 | 4 | 4 | 5 | 15 | 11 | 10 | 9 | 8 | 7 | 1 |
| 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 | 8,849 |
| 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 | 13,068 |
| Fixed Assets | 277 | 518 | 697 | 757 | 868 | 957 | 932 | 915 | 874 | 809 | 824 | 857 | 951 |
| CWIP | 70 | 142 | 126 | 136 | 130 | 47 | 42 | 22 | 41 | 74 | 73 | 230 | 171 |
| Investments | 1 | 3 | 3 | 3 | 239 | 4 | 4 | 5 | 0 | 0 | 0 | 4 | 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 | 11,942 |
| 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 | 13,068 |
Below is a detailed analysis of the balance sheet data for Bharat Dynamics Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 183.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 183.00 Cr..
- For Reserves, as of Sep 2025, the value is 4,034.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,826.00 Cr. (Mar 2025) to 4,034.00 Cr., marking an increase of 208.00 Cr..
- For Borrowings, as of Sep 2025, the value is 1.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 7.00 Cr. (Mar 2025) to 1.00 Cr., marking a decrease of 6.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 8,849.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,798.00 Cr. (Mar 2025) to 8,849.00 Cr., marking an increase of 1,051.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 13,068.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,814.00 Cr. (Mar 2025) to 13,068.00 Cr., marking an increase of 1,254.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 951.00 Cr.. The value appears strong and on an upward trend. It has increased from 857.00 Cr. (Mar 2025) to 951.00 Cr., marking an increase of 94.00 Cr..
- For CWIP, as of Sep 2025, the value is 171.00 Cr.. The value appears to be declining and may need further review. It has decreased from 230.00 Cr. (Mar 2025) to 171.00 Cr., marking a decrease of 59.00 Cr..
- For Investments, as of Sep 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 4.00 Cr..
- For Other Assets, as of Sep 2025, the value is 11,942.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,723.00 Cr. (Mar 2025) to 11,942.00 Cr., marking an increase of 1,219.00 Cr..
- For Total Assets, as of Sep 2025, the value is 13,068.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,814.00 Cr. (Mar 2025) to 13,068.00 Cr., marking an increase of 1,254.00 Cr..
Notably, the Reserves (4,034.00 Cr.) exceed the Borrowings (1.00 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 |
|---|---|---|---|---|---|---|
| Motilal Oswal Large and Midcap Fund | 2,300,000 | 2.3 | 348.13 | 2,489,311 | 2025-12-15 07:50:46 | -7.6% |
| HDFC Balanced Advantage Fund | 2,100,000 | 0.29 | 317.86 | N/A | N/A | N/A |
| Nippon India Small Cap Fund | 1,526,498 | 0.34 | 231.05 | 416,745 | 2025-12-08 02:19:25 | 266.29% |
| Axis Small Cap Fund | 1,040,464 | 0.59 | 157.48 | N/A | N/A | N/A |
| Motilal Oswal ELSS Tax Saver Fund | 1,022,957 | 3.48 | 154.83 | N/A | N/A | N/A |
| Edelweiss Mid Cap Fund | 508,381 | 0.58 | 76.95 | 535,737 | 2025-12-08 02:19:25 | -5.11% |
| Invesco India PSU Equity Fund | 424,045 | 4.44 | 64.18 | N/A | N/A | N/A |
| Motilal Oswal Focused Fund | 298,151 | 2.97 | 45.13 | N/A | N/A | N/A |
| Nippon India Power & Infra Fund | 279,492 | 0.58 | 42.3 | N/A | N/A | N/A |
| Edelweiss Large & Mid Cap Fund | 254,067 | 0.86 | 38.46 | N/A | N/A | N/A |
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 |
|---|---|
|
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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: 85.9 (Industry average Stock P/E: 73.37)
- 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 | Contact not found |
| 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 09 January 2026) is ₹1141.42 which is 25.59% lower the current market price of ₹1,534.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹56,216 Cr. market cap, FY2025-2026 high/low of ₹2,097/907, reserves of ₹4,034 Cr, and liabilities of ₹13,068 Cr.
What is the Market Cap of Bharat Dynamics Ltd?
The Market Cap of Bharat Dynamics Ltd is 56,216 Cr..
What is the current Stock Price of Bharat Dynamics Ltd as on 09 January 2026?
The current stock price of Bharat Dynamics Ltd as on 09 January 2026 is ₹1,534.
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 85.9.
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 0.30 %.
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.