BDL
Bharat Dynamics Limited (BDL) Stock Analysis
Bharat Dynamics Limited is an Indian defence public sector undertaking manufacturing missiles and torpedoes. It produces strategic defence systems for the armed forces including Akash and other missile programs. The company is central to India's indigenous defence manufacturing base. It is a listed large-cap defence PSU stock.
Industrials › Aerospace & Defense
₹1,075.90
-1.10% 1W | -31.70% 52W
Market Cap
39.4k CR
P/E Ratio
75.7
52W High
₹1633.4
52W Low
₹1047.7
Div. Yield
0.47%
Beta
0.3
50 DMA
₹1233.9
200 DMA
₹1302.3
Profit Margin
18.8%
Inst. Own.
10.9%
📉 CONSOLIDATING DOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 298 | 616 | 602 | 854 | 191 | 545 | 832 | 1,777 | 248 | 1,147 | 567 | 480 | 572 |
| Expenses | 330 | 482 | 483 | 538 | 243 | 446 | 705 | 1,478 | 293 | 960 | 541 | 425 | 489 |
| 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% | 4.6% | 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 |
| Tax % | 27% | 24% | 29% | 26% | 36% | 26% | 24% | 28% | 21% | 25% | 29% | 26% | 28% |
| Net Profit | 42 | 147 | 135 | 289 | 7 | 123 | 147 | 273 | 18 | 216 | 73 | 113 | 119 |
| EPS in Rs | 1.14 | 4.01 | 3.68 | 7.88 | 0.20 | 3.34 | 4.01 | 7.44 | 0.50 | 5.89 | 1.99 | 3.09 | 3.24 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,841 | 4,079 | 4,887 | 4,588 | 3,069 | 3,105 | 1,914 | 2,817 | 2,489 | 2,369 | 3,345 | 2,442 | 2,766 |
| Expenses | 2,564 | 3,564 | 4,317 | 3,919 | 2,446 | 2,349 | 1,568 | 2,090 | 2,080 | 1,832 | 2,872 | 2,217 | 2,414 |
| Operating Profit | 277 | 515 | 569 | 669 | 623 | 756 | 346 | 727 | 409 | 537 | 473 | 225 | 352 |
| OPM % | 10% | 13% | 12% | 15% | 20% | 24% | 18% | 26% | 16% | 23% | 14% | 9% | 13% |
| Other Income | 439 | 385 | 300 | 173 | 136 | 88 | 95 | 78 | 155 | 362 | 350 | 424 | 440 |
| Interest | 5 | 5 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 4 | 4 | 5 | 3 |
| Depreciation | 67 | 53 | 62 | 63 | 82 | 96 | 95 | 90 | 77 | 67 | 71 | 76 | 79 |
| Profit before tax | 644 | 841 | 803 | 774 | 671 | 742 | 341 | 710 | 482 | 828 | 749 | 568 | 710 |
| Tax % | 31% | 33% | 35% | 32% | 37% | 28% | 24% | 30% | 27% | 26% | 27% | 26% | |
| Net Profit | 444 | 562 | 524 | 528 | 423 | 535 | 258 | 500 | 352 | 613 | 550 | 420 | 521 |
| EPS in Rs | 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 | 11.47 | 14.21 |
| Dividend Payout % | 19% | 30% | 30% | 25% | 30% | 30% | 52% | 30% | 49% | 32% | 31% | 43% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | -1.0% | 5.0% | -5.0% |
| Profit CAGR | 6.0% | 10.0% | -3.0% |
Shareholding Pattern
Promoters74.93%
FIIs3.77%
DIIs10.10%
Public11.19%
Promoters74.93%
FIIs2.43%
DIIs11.30%
Public11.34%
Promoters74.93%
FIIs2.29%
DIIs10.94%
Public11.83%
Promoters74.93%
FIIs2.02%
DIIs10.97%
Public12.10%
Promoters74.93%
FIIs1.69%
DIIs11.53%
Public11.85%
Promoters74.93%
FIIs2.83%
DIIs14.10%
Public8.15%
Promoters74.93%
FIIs2.95%
DIIs12.39%
Public9.72%
Promoters74.93%
FIIs3.25%
DIIs9.45%
Public12.35%
Promoters74.93%
FIIs2.02%
DIIs10.97%
Public12.10%
Promoters74.93%
FIIs1.69%
DIIs11.53%
Public11.85%
BDL
Holdings Analysis
Key strengths & risk signals
49
Overall
55
Fundamental
43
Technical
Risks (4)
OVERVALUED! PEG of 12.41 means expensive relative to growth rate.
POOR YEAR! Stock declined 31.7% in the last year.
WEAK POSITION! Current price (1075.9) is below both moving averages.
WEAK! Trading at 4.8% of 52W range - near yearly lows.
Strengths (3)
GOOD EFFICIENCY! 18.8% profit margin - above average profitability.
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 34.2 - watch for reversal.
Fundamental & Technical Analysis
49Overall
55Fundamental
43Technical
Fundamental Breakdown
Growth Quality
10/30
Revenue CAGR: -0.9% (DECLINING, 2/15). Profit CAGR: 6.1% (MODERATE, 8/15).
Profit Margin
6/10
GOOD EFFICIENCY! 18.8% profit margin - above average profitability.
PEG Valuation
0/10
OVERVALUED! PEG of 12.41 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.47% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 7.92% public ownership - strong promoter/institutional control.
Stability Index
6/10
MODERATE STABILITY! 2 revenue dips in history. Acceptable but monitor closely.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (1233.9) is below 200-day average (1302.3) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (1075.9) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
0/10
POOR YEAR! Stock declined 31.7% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 934,966 vs down days: 1,061,108. Ratio: 0.88x
RSI
4/5
APPROACHING OVERSOLD! RSI at 34.2 - watch for reversal.
52W Range
1/5
WEAK! Trading at 4.8% of 52W range - near yearly lows.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 1.1% (1 week), 11.7% (1 month), 20.0% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
Peer Comparison
Industrials · Aerospace & Defense · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BDL | ₹1,075.90 | 75.7 | 18.8% | -0.9% | 6.1% | -31.7% | 49 | BREAKDOWN | +549.2% | +4.9% | +144.8% | +15.8% |
| MEGASOFT | ₹190.00 | 7.9 | 80.8% | – | – | +161.2% | 53 | CONSOLIDATING DOWN | -104.2% | -99.6% | – | – |
| COCHINSHIP | ₹1,230.00 | 47.6 | 13.5% | 26.9% | 33.0% | -29.7% | 62 | BREAKDOWN | -19.3% | -45.2% | +2.4% | -26.3% |
| GRSE | ₹2,046.00 | 29.3 | 10.7% | 40.0% | 48.6% | -22.8% | 68 | BREAKDOWN | +43.8% | -43.0% | +38.5% | -14.4% |
| DATAPATTNS | ₹4,084.80 | 82.6 | 28.5% | 26.8% | 29.8% | +50.9% | 75 | BREAKDOWN | -13.3% | -84.0% | +16.8% | -66.4% |
| MAZDOCK | ₹2,010.00 | 28.4 | 20.1% | 19.6% | 32.2% | -30.7% | 65 | BREAKDOWN | +21.5% | -19.1% | +12.1% | -23.6% |
| BEL | ₹368.10 | 43.8 | 21.4% | 15.5% | 26.6% | -7.6% | 68 | BREAKDOWN | +8.7% | -52.6% | +24.9% | -45.7% |
| HAL | ₹4,655.60 | 33.4 | 27.6% | 6.4% | 16.1% | -3.8% | 71 | APPROACHING RESISTANCE | +14.9% | -62.1% | +14.4% | -60.4% |
Data from TradeAlone · Updated daily
BDL News
Bharat Dynamics Limited (BDL) breaks out, gains 6% intraday2026-06-18Bharat Dynamics Limited (NSE: BDL) climbs up 5% intraday2026-06-17Bharat Dynamics Limited (BDL) Secures ₹5909 Cr New Orders in FY 2025-262026-06-10Bharat Dynamics Limited (BDL) Unveils New Naval Systems Manufacturing Facility2026-05-15
