Share Price and Basic Stock Data
Last Updated: January 29, 2026, 5:58 pm
| PEG Ratio | 15.56 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Bharat Dynamics Ltd (BDL), a prominent player in the Aerospace & Defense sector, reported a market capitalization of ₹57,404 Cr, with its stock priced at ₹1,566. In terms of revenue generation, BDL’s sales for the trailing twelve months (TTM) stood at ₹4,004 Cr, reflecting an upward trajectory from ₹2,369 Cr in FY 2024. Quarterly sales figures demonstrate significant fluctuations, with the most recent quarter (September 2023) posting ₹616 Cr, following a dip to ₹298 Cr in June 2023. This volatility underscores the cyclical nature of defense contracts and project timelines. Historically, BDL’s annual sales peaked at ₹4,887 Cr in FY 2017, showcasing its capacity for growth, yet it faced challenges with revenues declining to ₹2,489 Cr in FY 2023. The company appears to be on a recovery path, with revenue projections for FY 2025 estimated at ₹3,345 Cr, indicating a rebound in demand for defense products.
Profitability and Efficiency Metrics
BDL’s profitability metrics reflect both resilience and challenges. The net profit for FY 2025 was reported at ₹550 Cr, a decrease from ₹613 Cr in FY 2024, while TTM net profit stood at ₹654 Cr. The company’s operating profit margin (OPM) was recorded at 14%, with a notable improvement in quarterly performance peaking at 37% in March 2024. This highlights BDL’s ability to manage costs effectively during periods of revenue strain. The interest coverage ratio (ICR) is exceptionally strong at 248.64x, indicating that the company has ample earnings to cover its interest obligations, which stood at ₹1 Cr across reporting periods. However, the return on equity (ROE) at 14.4% and return on capital employed (ROCE) of 19.7% suggest that while BDL is generating profits, it may not be utilizing its equity and capital as efficiently as some of its peers in the sector.
Balance Sheet Strength and Financial Ratios
BDL’s balance sheet exhibits robust financial health, characterized by total reserves amounting to ₹4,034 Cr against negligible borrowings of just ₹1 Cr. This indicates a strong equity base and a low leverage ratio, a favorable position in the capital-intensive aerospace and defense industry. The company’s book value per share stood at ₹109.37 for FY 2025, significantly higher than its market price, suggesting that the stock may be undervalued. Financial ratios such as the current ratio at 2.38 and quick ratio at 1.77 reflect a solid liquidity position, allowing BDL to meet short-term obligations effectively. However, the price-to-book value (P/BV) ratio of 11.71x indicates that the stock is trading at a premium compared to its book value, which may raise concerns for value investors. This premium valuation may be justified by future growth potential, yet it poses a risk if the company fails to deliver on revenue expectations.
Shareholding Pattern and Investor Confidence
BDL’s shareholding structure reveals a stable and confident investor base, with promoters holding 74.93% of the equity. This significant stake underscores the commitment of the founding group to the company’s long-term vision. Foreign institutional investors (FIIs) hold 2.43% of the shares, down from 3.24% in December 2022, indicating a cautious stance among international investors. Domestic institutional investors (DIIs) have a more favorable view, increasing their holdings to 11.30%, up from 9.43% in December 2022. The total number of shareholders has also seen an increase, rising to 5,37,004 by September 2025, which suggests growing retail interest in the stock. This diversification in the shareholder base could enhance market stability. However, the decline in FIIs might reflect broader concerns regarding geopolitical tensions or sector-specific challenges that could impact future performance.
Outlook, Risks, and Final Insight
Looking ahead, BDL is well-positioned to capitalize on the increasing defense spending in India and the ongoing modernization of military capabilities. However, the company faces risks including potential delays in project execution and dependency on government contracts, which could affect revenue stability. Additionally, geopolitical uncertainties may impact defense budgets and contracts, posing a threat to growth. Strengths include a solid balance sheet with negligible debt, high interest coverage, and a loyal promoter base, which collectively provide a cushion against market volatility. If BDL can enhance its operational efficiency and maintain robust order flows, it is likely to recover revenue momentum. Conversely, failure to adapt to market changes or meet investor expectations could lead to valuation corrections. Overall, while BDL’s fundamentals appear strong, ongoing monitoring of its operational performance and market conditions will be crucial for future assessments.
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 | 8,437 Cr. | 2,742 | 2,809/1,152 | 182 | 243 | 0.00 % | 10.5 % | 7.51 % | 10.0 |
| DCX Systems Ltd | 1,912 Cr. | 172 | 364/154 | 48.7 | 105 | 0.00 % | 5.10 % | 3.14 % | 2.00 |
| Data Patterns (India) Ltd | 14,352 Cr. | 2,562 | 3,269/1,350 | 61.5 | 275 | 0.31 % | 21.0 % | 15.2 % | 2.00 |
| Paras Defence and Space Technologies Ltd | 5,639 Cr. | 700 | 972/401 | 76.0 | 84.0 | 0.04 % | 16.6 % | 11.8 % | 5.00 |
| Zen Technologies Ltd | 12,496 Cr. | 1,384 | 2,268/945 | 60.4 | 195 | 0.14 % | 32.9 % | 24.6 % | 1.00 |
| Industry Average | 70,818.55 Cr | 1,630.64 | 73.73 | 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 |
|---|---|---|---|---|---|---|
| HDFC Defence Fund | 2,942,456 | 5.84 | 431.51 | N/A | N/A | N/A |
| Motilal Oswal Large and Midcap Fund | 2,658,230 | 2.59 | 389.83 | 2,300,000 | 2026-01-26 04:33:23 | 15.58% |
| HDFC Balanced Advantage Fund | 2,100,000 | 0.28 | 307.97 | N/A | N/A | N/A |
| Nippon India Small Cap Fund | 1,526,498 | 0.33 | 223.86 | 416,745 | 2025-12-08 02:19:25 | 266.29% |
| Axis Small Cap Fund | 1,040,464 | 0.57 | 152.58 | N/A | N/A | N/A |
| Motilal Oswal ELSS Tax Saver Fund | 1,022,957 | 3.46 | 150.02 | N/A | N/A | N/A |
| Motilal Oswal Small Cap Fund | 766,100 | 1.92 | 112.35 | 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 | 445,685 | 4.51 | 65.36 | 424,045 | 2026-01-26 04:11:15 | 5.1% |
| Nippon India Power & Infra Fund | 279,492 | 0.58 | 40.99 | 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 |
|---|---|
|
|
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: 85.8 (Industry average Stock P/E: 73.73)
- 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 29 January 2026) is ₹1202.97 which is 21.37% lower the current market price of ₹1,530.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹56,104 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 56,104 Cr..
What is the current Stock Price of Bharat Dynamics Ltd as on 29 January 2026?
The current stock price of Bharat Dynamics Ltd as on 29 January 2026 is ₹1,530.
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 85.8.
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.