Bharat Dynamics Limited share price

Bharat Dynamics Limited manufactures and sells guided missiles, underwater weapons, air-borne products, and allied defense equipment in India. The company offers light weight torpedoes, Varunastra or heavy-weight torpedoes, medium-range surface-to-air missile, dishani, quick reaction surface-to-air missile, multi-influential ground mines, vertically launched-short range surface-to-air missile, flame, Konkurs launcher test equipment, Akash and Astra weapon systems, Konkurs missile test equipment, anti-submarine warfare suite, counter measures dispensing system, smart anti-airfield weapon, anti-torpedo decoy launching system, Helina, Amogha, man portable ATGM, NAG ATGM, Invar, Konkurs-M ATGM,…Read more

Website NSE हिंदी में BSE

Capital GoodsAerospace & DefenseNifty 500 Nifty Midcap 150NSE: BDLISIN INE171Z01026

16 Oct 2026, 3:28 PM IST₹1,114.70▼ 11.60 (1.03%)

Market Cap₹ 40,861 Cr.
Current Price₹ 1,114.70
High / Low₹ 1,633 / 1,048
Stock P/E78.4
Book Value₹ 116
Dividend Yield0.44 %
ROCE7.2 %
ROE10.20 %
Face Value₹ 5.0

More figures (10)

EPS (TTM)₹ 14.21
Price / Book9.63
OPM6.2 %
Debt / Equity0.00
Sales growth (5Y)5.0 %
Profit growth (5Y)10.3 %
Promoter holding74.9 %
EV / EBITDA103.0
Beta0.32
All-time high₹ 2,097

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
BDL	-1.87%	-11.73%	-18.00%	-23.99%	-25.93%	+30.54%	+40.14%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Bharat Dynamics Limited is in the Aerospace & Defense industry (Industrials), with a market value of ₹40,861 crore.
It trades at 78.4 times its last 12 months' earnings and 9.6 times book value.
Revenue grew 5.0% a year over the last 5 years, profit 10.3% a year.
Return on equity was 10.2% and return on capital employed 7.2% in the latest year.
Debt was 0.00 times shareholders' equity.
The share price is 31.8% below its 52-week high and down 25.9% over one year.
Promoters and insiders hold about 74.9%; institutions about 10.7%.

Pros

Company is almost debt-free (debt is 0.00 times equity).
Latest quarter (Jun 2026): sales up 131% and profit up 547% from a year ago.
Healthy return on equity of 14.2% on average over the last 3 years.
Trades at 78.4 times earnings, below its 3-year median of 218.9.
Pays a healthy dividend: about 45% of profit last year.

Cons

Sales growth has been slow: 5.0% a year over the last 5 years.
Other income makes up 62% of profit before tax.
Trades at 9.6 times its book value.
Institutional (FII + DII) holding has fallen by 3.9 points over 3 years.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Bharat Dynamics Limited

Employees: 2,101
Head office: Hyderabad
NSE industry: Capital Goods

IndustrialsCapital GoodsAerospace & Defense

Part ofNifty 500 Nifty Midcap 150

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Bharat Dynamics	1,114.70	78.4	40,861	0.44	119	547.37	572	130.81	7.2	10.2	9.63	6.2	0.00	74.93	2,442	5.0
2.	Hindustan Aeronautics	4,989.00	35.8	3,33,652	0.92	1,590	14.88	5,515	14.45	13.8	24.0	8.13	27.4	0.00	71.64	33,089	6.4
3.	Bharat Electronics	376.85	44.9	2,75,469	0.66	1,055	8.82	5,547	24.94	31.9	27.6	11.48	29.1	0.00	53.42	27,610	15.5
4.	Mazagon Dock Shipbuilders	2,092.00	29.5	84,387	0.86	550	21.74	2,943	12.08	28.5	29.2	8.65	20.9	0.05	81.22	13,006	19.6
5.	Cochin Shipyard	1,248.80	48.3	32,854	0.90	151	-19.37	1,094	2.40	16.7	12.5	5.59	20.4	0.28	63.34	5,022	26.9
6.	Garden Reach Shipbuilders & Engineers	2,120.20	30.3	24,287	0.93	173	43.82	1,815	38.53	36.8	31.8	9.25	11.1	0.01	74.50	7,002	40.0
7.	Data Patterns (India)	4,072.00	85.1	22,797	0.25	22	-13.49	116	16.81	20.4	16.7	13.13	38.3	0.00	52.23	925	26.8
8.	Sigma Advanced Systems	957.60	103.6	18,188	0.00	35	-74.04	374	7,078.45	52.6	79.7	36.02	10.6	0.71	66.11	490	529.0
9.	Aequs	262.20	—	17,170	0.00	-53	-1,571.61	396	54.77	-0.2	-10.3	10.65	-3.7	0.47	73.40	1,198	14.8
10.	Apollo Micro Systems	429.00	126.5	15,942	0.06	25	42.59	251	88.12	13.0	11.8	11.28	22.5	0.41	55.26	904	44.9
	Median: 14 Co.	1,181.75	78.4	20,492	0.17	135	11.85	833	31.74	18.6	12.7	9.44	20.7	0.03	68.88	3,732	26.9

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Standalone figures in ₹ crore

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	298	616	602	854	191	545	832	1,777	248	1,147	567	480	572
YOY Sales Growth %	-57.15%	15.15%	30.35%	7.00%	-35.79%	-11.54%	38.32%	108.05%	29.69%	110.55%	-31.91%	-72.98%	130.81%
	330	482	483	538	243	446	705	1,478	293	960	541	425	489
Material Cost %	42%	44%	36%	33%	17%	41%	44%	59%	24%	57%	59%	38%	48%
Employee Cost %	45%	21%	30%	18%	77%	26%	15%	8%	53%	14%	24%	22%	24%
Other Expenses %	24%	13%	14%	12%	34%	15%	26%	16%	41%	13%	13%	29%	13%
Operating Profit	-33	134	119	316	-52	99	127	299	-45	188	26	55	83
OPM %	-11%	22%	20%	37%	-27%	18%	15%	17%	-18%	16%	5%	12%	15%
Other Income	107	78	88	88	80	86	84	100	87	121	97	119	103
Interest	1	1	1	1	1	1	1	1	1	1	1	1	1
Depreciation	17	17	16	16	16	18	18	20	18	19	19	20	20
Profit before tax	57	194	189	388	11	166	193	378	23	288	103	154	166
	27%	24%	29%	26%	36%	26%	24%	42%	21%	25%	29%	26%	28%
Current tax	14	52	47	116	5	41	73	133	4	82	-4	33	44
Deferred tax	1	-5	7	-17	-1	3	-27	28	0	-10	34	7	3
	42	147	135	289	7	123	147	218	18	216	73	113	119
YOY Profit Growth %	4.92%	94.02%	61.25%	89.04%	-82.74%	-16.70%	8.95%	-24.61%	154.28%	76.19%	-50.44%	-48.01%	547.37%
EPS in Rs	0.11	0.40	0.37	0.79	0.02	3.34	4.01	7.44	0.50	0.00	1.99	3.09	3.24
Raw filing

Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Standalone figures in ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	4,588	3,069	3,095	1,914	2,817	2,489	2,369	3,345	2,442	2,766
YOY Sales Growth %		-33.09%	0.84%	-38.17%	47.22%	-11.64%	-4.83%	41.18%	-27.00%
	3,920	2,447	2,368	1,569	2,091	2,081	1,833	2,873	2,218	2,414
Material Cost %	62%	54%	50%	44%	42%	48%	38%	50%	50%	52%
Employee Cost %	12%	17%	17%	26%	20%	21%	25%	16%	22%	20%
Other Expenses %	12%	8%	9%	12%	12%	14%	14%	19%	19%	16%
Operating Profit	668	622	728	345	726	408	537	472	223	352
OPM %	15%	20%	24%	18%	26%	16%	23%	14%	9%	13%
	173	136	116	95	111	155	362	350	424	440
Exceptional items					-34
Interest	3	4	5	4	3	5	3	3	3	3
Depreciation	63	83	96	95	90	77	67	71	76	79
Profit before tax	774	671	742	341	710	482	828	749	568	710
	32%	37%	28%	24%	30%	27%	26%	27%	26%	27%
Current tax	297	222	190	72	217	128	229	251	116
Deferred tax	-51	27	18	11	-7	2	-13	-52	31
	528	423	535	258	500	352	613	550	420	521
YOY Profit Growth %		-19.99%	26.58%	-51.81%	93.95%	-29.55%	73.98%	-10.29%	-23.53%
EPS in Rs	1.33	1.15	1.46	0.70	1.36	0.96	1.67	14.99	11.47	8.32
Dividend Payout %						47%	24%	39%	45%

Compounded Sales Growth

5 Years:: 5%
3 Years:: -1%
TTM:: -19%

Compounded Profit Growth

5 Years:: 10%
3 Years:: 6%
TTM:: 3%

Stock Price CAGR

5 Years:: 40%
3 Years:: 31%
1 Year:: -26%

Return on Equity

4 Years:: 13%
Last Year:: 10%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	183	183	183	183
Reserves	3,028	3,454	3,826	4,058
Borrowings	5	4	2	0
	5,456	6,699	7,731	10,020
Trade payables	464	798	1,506	2,835
Current liabilities	2,206	3,006	4,360	6,346
Total Liabilities	8,672	10,340	11,742	14,261
	783	805	864	1,015
Gross block	1,230	1,309	1,427	1,644
Accumulated depreciation	447	504	563	629
Goodwill & intangibles	107	98	252	253
CWIP	81	80	145	266
	7,808	9,455	10,733	12,980
Inventories	1,822	1,982	2,645	4,626
Trade receivables	185	310	826	423
Cash & equivalents	1,053	594	134	863
Current assets	7,600	9,239	10,378	12,757
Total Assets	8,672	10,340	11,742	14,261

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	2,130	412	167	604
Profit for the year	352	613	550	420
Working capital changes	1,892	-27	-370	482
Direct taxes paid	-218	-156	-203	-219
	-1,171	-722	-407	320
Fixed assets purchased	-108	-81	-283	-229
Fixed assets sold	0	0	0	0
Investments purchased	-1,171
	-171	-148	-220	-194
Interest paid	-3	-2	-2	-2
Dividends paid	-167	-145	-217	-190
Net Cash Flow	788	-459	-460	729
Free Cash Flow	2,022	331	-115	375

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	11.0%	17.9%	14.4%	10.2%
ROCE	—	7.5%	11.3%	10.2%	7.2%
Operating margin	—	13.4%	19.9%	12.1%	6.2%
Net margin	—	14.2%	26.0%	16.5%	17.4%
Debt / equity	—	0.00	0.00	0.00	0.00
Current ratio	—	3.45	3.07	2.38	2.01
Debtor days	—	27	48	91	64
Inventory days	—	558	806	575	1,381
Days payable	—	142	325	328	846
Cash conversion cycle	—	443	529	338	599
Working capital days	—	794	965	661	969

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 74.93%
FIIs 1.76%
DIIs 10.80%
Public 12.52%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%	74.93%
	3.10%	2.95%	3.05%	2.94%	3.09%	3.26%	3.77%	2.43%	2.30%	2.02%	1.69%	1.76%
Foreign portfolio investors (Cat. I)	2.98%	2.83%	2.85%	2.73%	2.90%	2.94%	3.52%	2.34%	2.22%	1.95%	1.68%	1.75%
Foreign portfolio investors (Cat. II)	0.11%	0.12%	0.21%	0.21%	0.19%	0.31%	0.25%	0.09%	0.07%	0.07%	0.01%	0.01%
	13.32%	12.40%	9.52%	8.47%	8.71%	9.46%	10.10%	11.30%	10.95%	10.97%	11.53%	10.80%
Mutual funds	9.28%	7.93%	5.67%	4.64%	4.74%	4.98%	4.78%	5.79%	5.52%	5.57%	6.42%	5.85%
Insurance companies	3.56%	3.95%	3.60%	3.53%	3.65%	4.13%	4.23%	3.74%	3.55%	3.46%	3.35%	3.27%
Banks			0.01%		0.06%		0.09%	0.09%		0.08%	0.01%	0.07%
Provident & pension funds							0.70%	1.41%	1.64%	1.65%	1.51%	1.51%
Alternative investment funds	0.48%	0.51%	0.24%	0.22%	0.24%	0.33%	0.29%	0.26%	0.22%	0.20%	0.23%	0.09%
	8.65%	9.72%	12.50%	13.67%	13.28%	12.36%	11.21%	11.34%	11.83%	12.09%	11.85%	12.52%
Retail (up to ₹2 lakh)	6.47%	7.39%	10.23%	11.71%	11.31%	10.44%	9.52%	9.64%	10.12%	10.32%	10.03%	10.81%
HNIs (above ₹2 lakh)	0.79%	0.68%	0.60%	0.50%	0.43%	0.39%	0.34%	0.37%	0.37%	0.29%	0.20%	0.22%
NRIs	0.47%	0.51%	0.53%	0.38%	0.57%	0.60%	0.47%	0.46%	0.48%	0.49%	0.50%	0.52%
Bodies corporate	0.53%	0.70%	0.70%	0.49%	0.47%	0.48%	0.43%	0.43%	0.47%	0.53%	0.52%	0.48%
No. of Shareholders	2,05,887	2,48,158	4,98,630	5,90,374	5,94,284	5,67,591	5,41,535	5,37,004	5,51,090	5,68,164	5,60,750	5,72,065

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Bharat Dynamics

Holder (above 1%)	Stake
Life Insurance Corporation Of IndiaInsurance	1.58%
HDFC Defence FundMutual fund	1.57%
Nps Trust- A/C Sbi Pension Fund Scheme - State GovtPension fund	1.51%
Motilal Oswal Large and Midcap FundMutual fund	1.41%

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 5.85% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Results announced: 12 Nov 2026
Ex-dividend date: 21 Sep 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

Trade with our broking desk

Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.

Open an account How it works

Latest news

In the news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Bharat Dynamics Limited

What is the share price of Bharat Dynamics Limited today?

Bharat Dynamics Limited (BDL) last traded at ₹1,114.70 on NSE (16 Oct 2026, 3:28 PM IST). Prices may be delayed.

What is the market cap of Bharat Dynamics Limited?

About ₹40,861 crore at the latest price.

What is the P/E ratio of Bharat Dynamics Limited?

About 78.4 times its earnings over the last 12 months.

Is Bharat Dynamics Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Bharat Dynamics Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

Talk to us

Have a question about this topic?

Tell us a little about your situation and an expert will call you back, usually within 2 hours on business days.

Get in touch

We typically respond within 2 hours on business days.

Call us

CA Amit Kumar Jain+91 93522 44475 Arihant Jain+91 80056 49698 Poornima Jain+91 92525 44475

Email ussupport@plenitude.co.in

WhatsAppChat with an expert

Visit us5C, Laxmi Colony, Near Bohra Ji Ka Bagh, Opp. Laxmi Mandir Cinema, Tonk Road, Jaipur, Rajasthan 302015

Mon–Sat · 10:00 AM – 7:00 PM IST

In your free consultation

A health check of your current investments
A goal-based plan for retirement, education or a home
Ways to save tax that fit your situation
Clear next steps, with zero pressure to invest

2,000+Investors

₹250 Cr+Client assets

15+ yrsExperience

AMFI Registered Mutual Fund Distributor · ARN-130934

Experts are available Mon–Sat, 10 AM – 7 PM

Book your free wealth consultation

100% free
No obligation
Reply within 2 hours

First name *

Last name *

Email *

Phone *

+91

I'm interested in *

Best day for a call

Preferred time

How can we help? (optional)

Upload your portfolio (optional, get a free expert review)Attach your portfolio statement · PDF, Excel or CSV (e.g. CAS), max 10 MB

I consent to being contacted by Plenitude Connect about financial services. My data will be handled as per the Privacy Policy.

Join 2,000+ investors who plan with Plenitude

Your details are private and never shared.