Flash Finance

Bharat Dynamics LimitedBDLCorporate

Industrials Aerospace & Defense Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹1,114.70
MCap ₹40,861 Cr · P/E 78.5
Bharat Dynamics Limited — Stock analysis & AI research Bharat Dynamics Limited — Multibagger AI analysis Bharat Dynamics Limited — Seasonality — best & worst months Bharat Dynamics Limited — Technical indicators & charts Bharat Dynamics Limited — Technical setup — score, trend, support & resistance Bharat Dynamics Limited — Live exchange announcements
📋 High Interest Coverage Stocks📋 Debt Free Stocks📋 High Promoter Holding Stocks📋 Mid Cap Stocks List 📈 MACD Bullish Crossover📈 Multi-Timeframe Bearish Stocks ⚖️ vs Hindustan Aeronautics⚖️ vs Bharat Electronics 🏭 Defence sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹572 Cr
Sales · Jun 2026
+130.8% YoY
₹83 Cr
Operating Profit · Jun 2026
+283.1% YoY
14.5%
OPM % · Jun 2026
+179.2% YoY
₹119 Cr
Net Profit · Jun 2026
+547.4% YoY
₹3.24
EPS · Jun 2026
+548.0% YoY

📝 Bharat Dynamics Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Bharat Dynamics Limited reported revenue of ₹572 crore for the quarter ended June 2026 (Q1 FY27), up 130.8% from ₹248 crore in the same quarter last year, and up 19.2% sequentially over the March 2026 quarter.

Net profit rose 547.4% year-on-year to ₹119 crore, from ₹18 crore. Earnings per share (EPS) came in at ₹3.24.

Operating profit stood at ₹83 crore — an operating margin (OPM) of 14.5%, compared with -18.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Bharat Dynamics Limited posted revenue of ₹2,442 crore, a decline of 27.0% over FY25, with a net profit of ₹420 crore (down 23.6% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹2,766 crore with a net profit of ₹521 crore.

Valuation snapshot

At the current price of ₹1,114.70, BDL has a market capitalisation of ₹40,861 crore and a trailing P/E of about 78.5.

Within the Aerospace & Defense industry, it is the 4th-largest of the 30 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.93%, foreign institutional investors (FIIs) 1.76%, domestic institutional investors (DIIs) 10.80%, public shareholders 12.52% of Bharat Dynamics Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹40,861 Cr
Current Price ?
₹1,114.7
P/E ?
78.49above ind
Industry P/E ?
67.70
P/B ?
9.63
P/S ?
14.77
P/FCF ?
-355.31
Enterprise Value ?
₹40,861 Cr
EV/EBITDA ?
116.22
PEG ?
13.08
Earnings Yield ?
0.7%
Dividend Yield ?
0.42%
Profitability & Returns
Sales (TTM) ?
₹2,766 Cr
OPM ?
12.7%
Profit after tax (TTM) ?
₹521 Cr
EPS (TTM) ?
₹14.20
ROCE ?
14.0%
ROE ?
12.3%
ROA ?
3.7%
Growth
Sales — latest qtr ?
₹572 Cr
PAT — latest qtr ?
₹119 Cr
YoY qtr sales growth ?
130.8%
YoY qtr profit growth ?
547.4%
Sales growth (3y) ?
-1%
Sales growth (5y) ?
5%
Profit growth (3y) ?
6%
Profit growth (5y) ?
10%
Financial Health
Debt ?
₹0 Cr
Debt to Equity ?
0.00
Interest Coverage ?
39.5
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.93%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-11.2%
Return 6 months ?
-19.3%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 4627982986166028541915458321,7772481,147567480572 +130.8% +19.2%
Operating Profit 89183-33134119316-5299127299-45188265583 +283.1% +51.1%
Other Income 36371077888888086841008712197119103 +19.1% -13.1%
Interest 111111111111111 -8.4% -36.2%
Depreciation 191417171616161818201819192020 +14.7% +1.2%
Profit Before Tax 106206571941893881116619337823288103154166 +616.0% +7.6%
Net Profit 841534214713528971231472731821673113119 +547.4% +5.1%
EPS 4.574.172.288.033.687.880.203.344.017.440.505.891.993.093.24 +548.0% +4.9%
OPM % 19.3% 22.9% -11.0% 21.8% 19.8% 37.0% -27.4% 18.1% 15.2% 16.8% -18.3% 16.3% 4.6% 11.5% 14.5% +179.2% +26.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹3,345 Cr ₹2,442 Cr ₹2,766 Cr -27.0%
Operating Profit ₹472 Cr ₹223 Cr ₹352 Cr -52.8%
OPM % 14.12% 9.14% 12.71% -35.3%
NPM % 16.43% 17.21% 18.82% +4.7%
Other Income ₹350 Cr ₹424 Cr ₹440 Cr +20.9%
Depreciation ₹71 Cr ₹76 Cr ₹79 Cr +7.6%
Interest ₹3 Cr ₹4 Cr ₹4 Cr +12.4%
EBIT ₹402 Cr ₹147 Cr ₹273 Cr -63.4%
PBT ₹749 Cr ₹568 Cr ₹710 Cr -24.2%
Tax ₹44 Cr — — —
Net Profit ₹550 Cr ₹420 Cr ₹521 Cr -23.6%
EPS ₹14.99 ₹11.47 ₹14.21 -23.5%
Material Cost ₹2,100 Cr ₹1,452 Cr ₹1,433 Cr -30.8%
Employee Cost ₹549 Cr ₹432 Cr ₹436 Cr -21.3%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 183183183183 +0.0%
Reserves 3,0283,4543,8264,058 +6.1%
Borrowings 9870 -100.0%
Other Liabilities 5,5356,7817,79810,020 +28.5%
Total Liabilities 8,75610,42611,81414,262 +20.7%
Fixed Assets 8098248571,003 +17.0%
CWIP 7473230174 -24.3%
Investments 0044 +0.0%
Other Assets 7,8739,53010,72313,081 +22.0%
Total Assets 8,75610,42611,81414,262 +20.7%

💧 Cash Flow (latest 4 periods)

Metric Mar 2022Mar 2023Mar 2024Mar 2025 % Chg
Cash from Operating Activity 5302,130412167 -59.5%
Cash from Investing Activity -573-1,171-722-407 +43.6%
Cash from Financing Activity -149-171-148-220 -48.6%
Net Cash Flow -192788-459-460 -0.2%
Free Cash Flow 4282,022331-115 -134.7%
CFO/OP 101%574%106%78% -26.4%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 27489063 -30.0%
Inventory Days 5848415911,381 +133.7%
Days Payable 142325328846 +157.9%
Cash Conversion Cycle 469564354598 +68.9%
Working Capital Days 237322207254 +22.7%
ROCE % 16%24%20%14% -30.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 74.93%74.93%74.93%74.93%74.93% +0.0%
FIIs 3.77%2.43%2.29%2.02%1.76% -12.9%
DIIs 10.10%11.30%10.94%10.97%10.80% -1.5%
Public 11.19%11.34%11.83%12.10%12.52% +3.5%
No. of Shareholders 5,41,5355,37,0045,51,0905,68,1645,72,065 +0.7%

⚖️ Peer comparison

Industry: Aerospace & Defense · top 25 of 30 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 HAL Hindustan Aeronautics ₹4,905.00 328,034 35.2 33,785 9,321 29.6% 27.6% 6.8% 9.0% 14.4% 14.9%
2 BEL Bharat Electronics ₹404.35 295,571 48.1 28,689 6,147 28.6% 21.4% 15.9% 13.9% 25.6% 8.8%
3 MAZDOCK Mazagon Dock ₹2,339.00 94,351 33.0 13,323 2,854 19.3% 21.4% 13.8% 14.2% 12.1% 21.7%
4 BDL Bharat Dynamics ₹1,190.00 43,621 83.7 2,766 521 12.7% 18.8% -27.0% -23.6% 130.8% 547.4%
5 COCHINSHIP Cochin Shipyard ₹1,381.00 36,331 53.4 5,047 680 15.1% 13.5% 4.2% -13.4% 2.4% -19.4%
6 GRSE Garden Reach ₹2,394.90 27,434 34.3 7,507 801 11.1% 10.7% 37.9% 41.9% 38.5% 44.0%
7 DATAPATTNS Data Patterns ₹4,829.00 27,035 100.9 941 267 39.6% 28.4% 30.5% 22.4% 17.2% -15.2%
8 SIGMAADV SIGMA ADVANCED ₹965.50 18,338 233.8 194 73 22.5% 37.6% — — — -93.0%
9 ASTRAMICRO Astra Microwave ₹1,688.50 16,031 84.8 1,139 189 28.5% 16.6% 10.5% 26.1% -11.5% -24.1%
10 APOLLO Apollo Micro ₹413.85 15,379 121.0 1,022 115 22.6% 11.3% 60.8% 90.9% 88.1% 42.6%
11 ZENTEC Zen Technologies ₹1,679.80 15,109 55.9 829 250 34.4% 30.1% -47.9% -44.0% -10.5% -40.0%
12 AEQUS Aequs ₹226.75 14,849 — 1,371 -171 5.6% -12.5% — — 54.5% -1430.7%
13 SWANDEF SWAN DEFENCE ₹2,734.00 14,403 41.2 341 350 -90.2% 102.4% 3886.9% -48.6% 72.1% 2932.2%
14 PARAS Paras Defence ₹1,307.30 10,535 104.4 511 96 25.5% 18.8% 30.7% 45.5% 37.3% 45.3%
15 UNIMECH Unimech Aerospace ₹1,779.80 9,060 125.7 285 72 33.1% 25.2% -0.5% -24.7% 70.8% 46.7%
16 AXISCADES AXISCADES Technologies ₹1,817.70 7,731 151.0 1,262 51 10.9% 4.1% 12.4% -4.3% 42.2% —
17 MIDHANI Mishra Dhatu ₹403.90 7,567 56.1 1,278 135 18.8% 10.6% 12.6% 18.7% 40.5% 28.6%
18 CYIENTDLM Cyient DLM ₹900.90 7,150 85.2 1,439 84 10.0% 5.8% -17.0% 7.7% 26.5% 5.8%
19 CENTUM Centum Electronics ₹4,276.10 6,303 76.3 1,072 83 11.4% 7.7% -1.2% -852.0% -25.3% 2257.0%
20 ROSSTECH Rossell Techsys ₹1,549.80 5,864 227.2 552 26 12.9% 4.7% 86.8% 175.3% 77.1% 116.5%
21 AVANTEL Avantel ₹156.19 4,150 251.9 241 17 22.7% 7.1% -10.5% -73.4% 35.7% 67.2%
22 IDEAFORGE Ideaforge Technology ₹761.60 3,786 n/m 283 3 9.3% 1.2% 41.0% 71.4% 427.6% 89.2%
23 JAYKAY Jaykay Enterprises ₹188.76 2,459 12.9 259 200 10.7% 77.2% 129.1% 2867.2% 14536.6% —
24 543920 CFF Fluid ₹778.35 2,150 41.6 209 39 28.2% 18.7% — — 59.1% 100.0%
25 523606 Sika Interplant ₹1,113.70 2,002 68.1 186 35 22.0% 18.6% 43.1% 38.2% -37.0% -18.8%
❓ Frequently asked questions
What was Bharat Dynamics Limited's revenue in Q1 FY27?
Bharat Dynamics Limited reported revenue of ₹572 crore for the quarter ended June 2026 (Q1 FY27), up 130.8% from ₹248 crore in the same quarter last year, and up 19.2% sequentially over the March 2026 quarter.
What was Bharat Dynamics Limited's net profit in Q1 FY27?
Net profit rose 547.4% year-on-year to ₹119 crore, from ₹18 crore. Earnings per share (EPS) came in at ₹3.24.
What is BDL's market capitalisation and P/E ratio?
At the current price of ₹1,114.70, BDL has a market capitalisation of ₹40,861 crore and a trailing P/E of about 78.5.
Who owns Bharat Dynamics Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.93%, foreign institutional investors (FIIs) 1.76%, domestic institutional investors (DIIs) 10.80%, public shareholders 12.52% of Bharat Dynamics Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI