Bharat Dynamics Share Price, Fundamentals and Financials
Track Bharat Dynamics live share price with 52 week high and low, chart views, fundamentals, financial statements, ratios, peer comparison, dividends, bonuses/splits and company details for educational research.
₹1,309.80
+₹73.10 · +5.91%
Symbol: BDL.NSExchange: NSIUpdated: 17 Jun 2026, 19:57:24 IST
Bharat Dynamics price chart
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Quick Fundamentals
These metrics help beginners understand the live Bharat Dynamics quote at a glance. Market data can be delayed, so verify the latest price, 52 week range and valuation data from NSE, BSE or your broker platform.
Market Cap—Latest available market feedCurrent Price₹1,309.80Latest available market price52W High / Low— / —Latest available 52 week rangeStock P/E—Valuation multipleBook Value—Per shareDividend Yield—Trailing yield, verify from filingsPrice to Book—Book valuationEPS TTM—Trailing earnings per shareVolume0Latest available volume
About Bharat Dynamics Limited
Bharat Dynamics Limited is a Hyderabad-headquartered defence public sector company under the Ministry of Defence, Government of India. It was incorporated in 1970 to create a manufacturing base for guided missile systems and allied defence equipment for the Indian armed forces.
The company works on defence products that can include guided missiles, anti-tank guided missiles, torpedoes, underwater weapons, launchers, countermeasure systems, airborne weapon systems, test equipment and life-cycle support. Its work is closely linked with DRDO programmes, Indian defence procurement, approved OEM partnerships and Make in India defence manufacturing.
For investors, Bharat Dynamics is generally tracked as an aerospace and defence manufacturing business. Key monitorables include order inflow, execution schedule, delivery milestones, margin trend, working-capital cycle, inventory days, receivables, export opportunity, dividend policy and government defence spending priorities.
Important beginner note
Defence companies can look expensive or cheap depending on order visibility, execution timing and future margins. A single quarter can be misleading because revenue recognition may depend on product acceptance, testing and customer clearances. Always verify the latest financials from official exchange filings.
Business Segments
Bharat Dynamics is not a consumer-facing company like a bank, retailer or telecom operator. Its customers are mainly defence and government-linked buyers. For educational analysis, users can think of the company through the following activity areas.
Business areas and investor relevance
Area
What it includes
Why it matters for users and investors
Guided missiles and allied systems
Surface-to-air, air-to-air, anti-tank and related missile systems, launchers and test equipment
Core area; order inflow, execution and acceptance milestones can influence revenue timing
Underwater weapons
Lightweight torpedoes, heavyweight torpedoes and anti-submarine warfare support systems
Important for naval defence demand, indigenisation and exports
Airborne and countermeasure systems
Airborne weapons, countermeasure dispensing systems and decoy-related products
Adds product diversity beyond land-based systems
Life-cycle support and refurbishment
Maintenance, refurbishment and life extension of defence equipment
Can provide support opportunities but depends on programme schedules
Exports and partnerships
Approved exports, DRDO collaboration, OEM partnerships and defence industrial tie-ups
Can broaden the customer base, subject to approvals and compliance
Business Model and Revenue Drivers
Bharat Dynamics makes money by manufacturing and supplying defence products and systems, executing long-cycle contracts, providing related support equipment and offering life-cycle support or refurbishment services. Revenue can be affected by order book size, product mix, execution milestones, material availability, testing timelines and customer acceptance.
The company may benefit from defence indigenisation, Make in India policies, missile programmes, naval weapons demand and export opportunities. Investors should also track execution delays, working capital, inventory build-up, customer concentration and margin volatility.
Educational note: defence order announcements, financial results, dividends, shareholding pattern, bonus issues and split details should always be verified from official company, NSE and BSE filings before making financial decisions.
Shareholding Pattern
The Government of India is the promoter shareholder. Public, institutional and foreign investor holdings can change every quarter, so the table below should be used only as a learning snapshot.
Shareholding pattern in percentage
Category
Mar 2024
Mar 2025
Mar 2026
Promoters
74.93%
74.93%
74.93%
FIIs
2.95%
3.25%
2.02%
DIIs
12.39%
9.45%
10.97%
Public
9.72%
12.35%
12.10%
No. of Shareholders
2,48,158
5,67,591
5,68,164
Verify the latest shareholding pattern from official quarterly filings on NSE, BSE and the company investor relations section.
Profit and Loss / Financial Highlights
Profit and loss data helps users understand sales, operating profit, margins, other income and net profit. In defence manufacturing, annual numbers are usually more useful than a single quarter because execution milestones can create uneven revenue recognition.
Standalone figures in ₹ crore
Particulars
Mar 2024
Mar 2025
Mar 2026
Sales
₹2,369 Cr
₹3,345 Cr
₹2,442 Cr
Expenses
₹1,832 Cr
₹2,872 Cr
₹2,218 Cr
Operating Profit
₹537 Cr
₹473 Cr
₹223 Cr
Operating Margin
23%
14%
9%
Other Income
₹362 Cr
₹350 Cr
₹424 Cr
Interest
₹4 Cr
₹4 Cr
₹3 Cr
Depreciation
₹67 Cr
₹71 Cr
₹76 Cr
Profit Before Tax
₹828 Cr
₹749 Cr
₹568 Cr
Net Profit
₹613 Cr
₹550 Cr
₹420 Cr
EPS
₹16.71
₹14.99
₹11.47
Dividend Payout
32%
31%
43%
Verify the latest audited and unaudited financial results from company and exchange filings. Figures may be restated or adjusted after corporate actions.
Balance Sheet Highlights
The balance sheet shows how the company funds its assets and how much working capital is tied up in operations. For Bharat Dynamics, users should watch reserves, borrowings, other liabilities, fixed assets, capital work in progress and other assets linked to defence project execution.
Standalone figures in ₹ crore
Particulars
Mar 2024
Mar 2025
Mar 2026
Equity Capital
₹183 Cr
₹183 Cr
₹183 Cr
Reserves
₹3,454 Cr
₹3,826 Cr
₹4,058 Cr
Borrowings
₹8 Cr
₹7 Cr
₹0 Cr
Other Liabilities
₹6,781 Cr
₹7,798 Cr
₹10,020 Cr
Total Liabilities
₹10,426 Cr
₹11,814 Cr
₹14,262 Cr
Fixed Assets
₹824 Cr
₹857 Cr
₹1,003 Cr
Capital Work in Progress
₹73 Cr
₹230 Cr
₹174 Cr
Investments
₹0 Cr
₹4 Cr
₹4 Cr
Other Assets
₹9,530 Cr
₹10,723 Cr
₹13,081 Cr
Total Assets
₹10,426 Cr
₹11,814 Cr
₹14,262 Cr
Balance sheet classifications may change between annual reports. Verify the latest balance sheet from official filings before drawing conclusions.
Cash Flow Highlights
Cash flow explains whether reported profit is converting into cash. For defence manufacturing businesses, receivables, advances, inventory and project milestone timing can cause cash flows to differ meaningfully from profits.
Standalone figures in ₹ crore
Particulars
Mar 2023
Mar 2024
Mar 2025
Cash from Operating Activity
₹2,130 Cr
₹412 Cr
₹167 Cr
Cash from Investing Activity
-₹1,171 Cr
-₹722 Cr
-₹407 Cr
Cash from Financing Activity
-₹171 Cr
-₹148 Cr
-₹220 Cr
Net Cash Flow
₹788 Cr
-₹459 Cr
-₹460 Cr
Free Cash Flow
₹2,022 Cr
₹331 Cr
-₹115 Cr
CFO / Operating Profit
574%
106%
78%
Cash flow numbers should be cross-checked with annual reports because working-capital movements can be large and may vary by project milestone.
Key Ratios
Ratios help beginners compare profitability, efficiency and working-capital intensity. For Bharat Dynamics, inventory days, debtor days and cash conversion cycle are important because defence contracts may require long production and acceptance cycles.
Key operating and return ratios
Metric
Mar 2024
Mar 2025
Mar 2026
ROCE
20%
14%
14%
Return on Equity
3Y: 14%
5Y: 14%
Last year: 10%
Compounded Sales Growth
10Y: -5%
5Y: 5%
3Y: -1%
Compounded Profit Growth
10Y: -3%
5Y: 10%
3Y: 6%
Inventory Days
841
591
1,381
Debtor Days
48
90
63
Cash Conversion Cycle
564 days
354 days
598 days
Dividend Payout
32%
31%
43%
Use ratios as a starting point, not a final conclusion. Verify data from audited annual reports and compare with peers using the same methodology.
Peer Comparison
Peer comparison helps users understand valuation and business differences across Indian defence and aerospace-linked listed companies. These peers are not identical, so compare order book, execution risk, margins, return ratios, cash flow and product mix instead of only P/E.
Selected Indian defence and aerospace-related peers
Company
Primary Area
NSE Symbol
Market Cap
Price
P/E
Note
Bharat Dynamics Limited
Missiles, torpedoes and defence systems
BDL.NS
—
—
—
Verify latest filings and quote data
Hindustan Aeronautics Limited
Aircraft, helicopters and aerospace systems
HAL.NS
—
—
—
Verify latest filings and quote data
Bharat Electronics Limited
Defence electronics and systems
BEL.NS
—
—
—
Verify latest filings and quote data
Mazagon Dock Shipbuilders Limited
Warship and submarine shipbuilding
MAZDOCK.NS
—
—
—
Verify latest filings and quote data
Cochin Shipyard Limited
Shipbuilding and ship repair
COCHINSHIP.NS
—
—
—
Verify latest filings and quote data
Data Patterns India Limited
Defence and aerospace electronics
DATAPATTNS.NS
—
—
—
Verify latest filings and quote data
Peer prices and market caps are pulled from the latest available quote feed when available. Verify live quote and fundamentals from official sources or your broker platform.
Dividends and Bonuses / Splits
Dividends
Year
Dividend Detail
Note
FY 2025-26
Dividend or record-date details may change after board and exchange announcements
Verify latest amount, record date and payment date from NSE, BSE and company filings
FY 2024-25
Dividend payout shown in financial table: 31%
Use official annual report and corporate action filings
FY 2023-24
Dividend payout shown in financial table: 32%
Historical payout ratios are educational and may be adjusted
Bonuses / Splits
Action
Detail
Note
Face Value
₹5.00
Verify current face value from exchange filings
Bonus / Split
Check official corporate action history
Confirm ratio, ex-date and record date from NSE/BSE
Historical Adjustments
Charts and EPS can be adjusted after corporate actions
Use adjusted and unadjusted data carefully
Always verify dividend, bonus, split, face value, ex-date and record-date details from official company announcements and exchange filings. This section is educational and is not a corporate-action entitlement confirmation.
Bharat Dynamics customer and investor FAQs
These FAQs answer common AI-search-style questions about Bharat Dynamics, its products, business model, risks, dividends, shareholding and investment monitorables. The answers are educational and do not provide buy or sell recommendations.
What is Bharat Dynamics and what does it do?
Bharat Dynamics Limited is a Government of India defence public sector company under the Ministry of Defence. It manufactures guided missiles, torpedoes, underwater weapons, airborne weapon systems, countermeasure systems, launchers, test equipment and product life-cycle support for defence customers.
What is the NSE symbol and Yahoo Finance symbol for Bharat Dynamics?
The NSE symbol is BDL and the Yahoo Finance-compatible NSE symbol used for live data on this page is BDL.NS. The BSE code is 541143. Verify symbols and corporate actions from NSE, BSE and company filings.
How does Bharat Dynamics make money?
Bharat Dynamics earns revenue by supplying defence products and systems, executing long-cycle contracts, delivering support equipment and providing maintenance, refurbishment or life-extension services. Revenue can be lumpy because large defence orders depend on milestones and customer acceptance.
Who are the main customers of Bharat Dynamics?
The company primarily serves Indian defence users and government-linked programmes. It also works with DRDO, Indian armed forces, defence public sector partners, private suppliers, foreign OEMs and approved export customers.
What products is Bharat Dynamics known for?
It is associated with guided missile systems, anti-tank guided missiles, surface-to-air systems, torpedoes, underwater weapons, airborne weapons, countermeasure dispensing systems, launchers, test equipment and life-extension support.
Is Bharat Dynamics a defence PSU?
Yes. It is a listed defence PSU with the Government of India as promoter. Always verify the latest promoter, FII, DII and public holdings from quarterly shareholding filings.
Why can Bharat Dynamics revenue and profit fluctuate?
Defence revenue depends on order execution, inspection, delivery, testing and acceptance milestones. Delays in components, testing, clearances or shipment can affect quarterly revenue and margins, so annual trends are often more useful than one quarter.
What risks should investors monitor?
Key risks include order concentration, government procurement timing, execution delays, supply-chain constraints, technology dependence, working-capital needs, inventory days, receivables, margin volatility, export approvals, competition and valuation risk.
Does Bharat Dynamics pay dividends?
The company has paid dividends in the past, but amounts, record dates and payout ratios can change. Verify the latest dividend announcements, record dates and tax treatment from company, NSE and BSE filings.
Has Bharat Dynamics issued bonus shares or stock splits?
Corporate actions such as bonuses, splits and face value changes should be verified from official exchange filings because charts, EPS and historical per-share data may be adjusted after such actions.
How should beginners read Bharat Dynamics financials?
Start with sales, operating margin, net profit, ROCE, working-capital days, inventory days, receivables, cash from operations and order inflow. For defence companies, cash conversion and delivery timing are as important as profit.
Which companies are useful peers?
Comparable listed names may include Hindustan Aeronautics, Bharat Electronics, Mazagon Dock Shipbuilders, Cochin Shipyard and Data Patterns, but they are not identical. Compare segment mix, order book, margins, returns and cash flow.
Is this page a buy or sell recommendation?
No. This page is educational and informational only. It does not give buy, sell or hold advice. Consult a SEBI-registered investment adviser and verify latest data before making investment decisions.
What should investors monitor before tracking Bharat Dynamics share price?
Monitor order inflows, execution timelines, exports, margins, inventory, receivables, cash flow, dividends, shareholding changes, capex, defence budget priorities and management commentary in official filings.