Bharat Dynamics Limited
Bharat Dynamics Limited manufactures and sells guided missiles, underwater weapons, air-borne products, and allied defense equipment in India. It offers light and heavy-weight torpedoes, unified launcher, fagot launcher adapted to Milan equipment, Konkurs launcher test equipment, Akash and Astra weapon systems, Konkurs missile test equipment, medium-range surface-to-air missile, quick reaction surface-to-air missile, and multi-influential ground mines. The company also sells vertically launched-short range surface-to-air missile, anti-submarine warfare suite, counter measures dispensing system, smart anti-airfield weapon, anti-torpedo decoy launching system, Helina, Amogha Β III, man portable anti-tank guided missile (ATGM), NAG ATGM, invar (3 UBK 20) anti-tank guided missile, Konkurs-M ATGM, and MilanΒ2T ATGM, as well as Dishani, an air-deployed ASW sensor system. Bharat Dynamics Limited was incorporated in 1970 and is headquartered in Hyderabad, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Healthy return on equity of 16.9%
Concerns1
- Other income is 43.7% of PBT β a large share of earnings is non-operating
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ3.35 K Cr | β | βΉ550.00 Cr | β | β | 13.7% | 41.2% | -10.3% |
| Mar 2024 | βΉ2.37 K Cr | β | βΉ613.00 Cr | β | β | 16.9% | -4.8% | 74.1% |
| Mar 2023 | βΉ2.49 K Cr | β | βΉ352.00 Cr | β | β | 11.0% | -11.6% | -29.6% |
| Mar 2022 | βΉ2.82 K Cr | β | βΉ500.00 Cr | β | β | 16.5% | 47.2% | 93.8% |
| Mar 2021 | βΉ1.91 K Cr | β | βΉ258.00 Cr | β | β | 9.6% | -38.4% | -51.8% |
| Mar 2020 | βΉ3.10 K Cr | β | βΉ535.00 Cr | β | β | 20.5% | 1.2% | 26.5% |
| Mar 2019 | βΉ3.07 K Cr | β | βΉ423.00 Cr | β | β | 18.7% | -33.1% | -19.9% |
| Mar 2018 | βΉ4.59 K Cr | β | βΉ528.00 Cr | β | β | 27.0% | -6.1% | 0.8% |
| Mar 2017 | βΉ4.89 K Cr | β | βΉ524.00 Cr | β | β | 23.9% | 19.8% | -6.8% |
| Mar 2016 | βΉ4.08 K Cr | β | βΉ562.00 Cr | β | β | 30.4% | 43.6% | 26.6% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 4,004 |
| Total Expenses | 3,436 |
| EBIT / Operating Profit | 568 |
| OPM % | 14% |
| Other Income | 391 |
| Finance Costs | 3 |
| Depreciation & Amortisation | 74 |
| Profit Before Tax | 882 |
| Tax % | - |
| Net Profit / PAT | 654 |
| EPS (βΉ) | 17.84 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Bharat Dynamics Limitedthis co. | βΉ55.75 K Cr | βΉ3.35 K Cr | 85.20 | 13.23 | 59.90 | 41.2% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |