Bharat Dynamics Ltd, Fundamental analysis

Industry Industry name	Aerospace & Defence
Variance Full Year Net Profit Variance	-24
Equity Latest Equity	183.28
Face Value Latest Face Value	5
Reserves Total Reserve	4057.69
Dividend Full Year Dividend %	98
Sales Turnover Full Year Net Sales	2415.36
Net Profit Full Year Net Profit	420.34
Full Year CPS Full Year Cash Per Share	13.5
Earning Per Share Full Year Earning Per Share	11.5
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	488.62
Previous EPS Previous earnings per share	0
Book Value Book value	115.7
Networth Full Year Return on Networth	14.38
Price/Book Value Price to Book value	10.734659
Yearly PE ratio Full Year Price to Earning per share	108.3
Yearly PC ratio Full Year Price to Cash Per Share	91.7
Bse value BSE Value in lakhs	781.15
Nse value NSE Value in lakhs	6809.99
High 52 week high	1719
Low 52 week low	1090
Price NSE Current market price	1243
CPM Current market price	1242

Market cap BSE / NSE Market Cap	45541.73
Net profit Latest Quarter Net Profit	113.18
Net profit variance Latest Quarter Net Profit variance	-59
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	2168.15
TTM OP Trailing Twelve 12 month Operating Profit	481.67
TTM OPM Trailing Twelve 12 month Operating Profit Margin	22.22
TTM GP Trailing Twelve 12 month Gross Profit	643.75
TTM GPM Trailing Twelve 12 month Gross Profit Margin	26.65
TTM NP Trailing Twelve 12 month Net Profit	553.56
TTM NPV Trailing Twelve 12 month Net Profit Variane	-23.53
TTM EPS Trailing Twelve 12 month EPS	11.47
TTM PE Trailing Twelve 12 month PE	108.32
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	66.06
Equity Latest Equity	183.28
LTP Latest Price (BSE/NSE)	1242
Gross block Latest Gross Block	1600.57
Loans Total loans	2.12
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	9.2
Year GPM Full Year Gross Profit Margin	26.7
Quarter OPM Latest quater Operation Profit Margin	11.3

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	188	535	799	1,801	231	1,147	549	489
YOY Sales Growth %	-36%	-12%	34%	112%	23%	114%	-31%	-73%
Gross Sales	188	535	799	1,801	231	1,147	549	489
Other Operating Income	3	9	33	-24	17	0	18	-8
+ Expenses	240	437	672	1,502	276	960	523	433
Material Cost %	169%	37%	35%	96%	153%	80%	109%	186%
Raw Material Cost	175	210	325	1,390	207	782	464	544
Change in Inventory	143	-14	-45	338	147	130	132	363
Manufacturing Cost %	34%	15%	27%	16%	44%	13%	13%	29%
Employee Cost %	78%	27%	15%	8%	57%	14%	25%	21%
Other Cost %	-154%	3%	7%	-36%	-135%	-23%	-52%	-147%
Raw Materials %	93%	39%	41%	77%	89%	68%	85%	111%
Stock Adjustments %	-76%	3%	6%	-19%	-64%	-11%	-24%	-74%
Other Manufacturing Expenses %	34%	15%	27%	16%	44%	13%	13%	29%
Operating Profit	-52	99	127	299	-45	188	26	55
OPM %	-28%	18%	16%	17%	-20%	16%	5%	11%
+ Other Income	80	86	84	100	87	121	97	119
Miscellaneous Income	80	86	84	100	87	121	97	119
Interest	1	1	1	1	1	1	1	1
Depreciation	16	18	18	20	18	19	19	20
Profit before tax	11	166	193	378	23	288	103	154
+ Tax %	36%	26%	24%	28%	21%	25%	29%	26%
Current Tax	4	44	46	105	5	72	30	41
Net Profit	7	123	147	273	18	216	73	113
EPS in Rs

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	4,079	4,887	4,588	3,069	3,105	1,914	2,817	2,489	2,369	3,345
Sales Growth %		20%	-6%	-33%	1%	-38%	47%	-12%	-5%	41%
Gross Sales			4,318	2,831	2,985	1,807	2,712	2,469	2,351	3,323
Other Operating Income			270	238	114	101	105	20	19	22
+ Expenses	3,839	4,568	3,920	2,447	2,349	1,569	2,125	2,081	1,833	2,873
Material Cost %	61%	61%	62%	54%	49%	44%	42%	48%	38%	50%
Raw Material Cost	2,623	3,125	2,908	1,819	1,014	970	1,263	1,210	1,120	2,100
Change in Inventory	-138	-124	-54	-166	504	-129	-84	-19	-223	-422
Manufacturing Cost %	9%	8%	1%	3%	3%	4%	3%	3%	5%	4%
Employee Cost %	8%	9%	12%	17%	17%	26%	20%	21%	25%	16%
Other Cost %	16%	15%	10%	6%	7%	8%	10%	11%	9%	16%
Raw Materials %	64%	64%	63%	59%	33%	51%	45%	49%	47%	63%
Stock Adjustments %	3%	3%	1%	5%	-16%	7%	3%	1%	9%	13%
Power & Fuel %	1%	0%	1%	1%	1%	1%	1%	1%	1%	1%
Other Manufacturing Expenses %	8%	8%	1%	2%	2%	3%	2%	2%	4%	3%
Selling & Administration %	1%	2%	6%	4%	4%	5%	4%	5%	5%	6%
Miscellaneous Expenses %	8%	8%	5%	2%	3%	3%	6%	6%	4%	9%
Operating Profit	239	318	668	622	756	345	692	408	537	472
OPM %	6%	7%	15%	20%	24%	18%	25%	16%	23%	14%
+ Other Income	385	300	173	136	88	95	111	155	362	350
Miscellaneous Income			173	136	107	102	111	155	362	350
Interest	5	4	4	5	5	5	5	6	4	4
Depreciation	53	62	63	83	96	95	90	77	67	71
Profit before tax			774	671	742	341	710	482	828	749
+ Tax %			32%	37%	28%	24%	30%	27%	26%	27%
Current Tax	317	312	297	222	190	72	217	128	229	251
Deferred Tax	-37	-33	-51	27	18	11	-7	2	-13	-52
+ Net Profit			528	423	535	258	500	352	613	550
Profit Growth %				-20%	27%	-52%	94%	-30%	74%	-10%
Extraordinary Income / Expense			0	0	0	0	-34	0	0	0
Exceptional Item			0	0	0	0	-34	0	0	0
EPS in Rs

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	98	122	183	183	183	183	183	183	183	183
Reserves	1,753	2,073	1,773	2,085	2,424	2,501	2,847	3,028	3,454	3,826
+ Borrowings	4	4	4	5	15	11	10	9	8	7
Secured Borrowings	0	4	4	5	6	4	4	4	4	4
Unsecured Borrowings	4	0	0	0	9	8	7	5	4	2
+ Other Liabilities	7,786	6,208	4,697	3,250	3,128	3,334	3,595	5,535	6,781	7,798
Current Liabilities	6,579	5,759	4,353	3,042	2,425	2,584	2,648	2,284	3,143	4,480
Provisions	372	535	725	414	391	298	381	435	486	580
Other liability items	1,272	499	410	281	756	750	947	3,251	3,695	3,373
Total Liabilities	9,641	8,407	6,657	5,523	5,750	6,030	6,636	8,756	10,426	11,814
+ Fixed Assets	697	757	868	957	932	915	874	809	824	857
Gross Block	819	870	1,049	1,220	1,291	1,369	1,451	1,416	1,497	1,601
Accumulated Depreciation	122	113	180	263	359	454	577	607	673	743
CWIP	126	136	130	47	42	22	41	74	73	230
Investments	3	3	239	4	4	5	0	0	0	4
+ Other Assets	8,815	7,511	5,420	4,516	4,771	5,089	5,721	7,873	9,530	10,723
Inventories	2,058	2,267	1,985	1,720	921	1,465	1,726	1,906	2,069	2,716
Trade receivables	145	155	770	526	338	323	304	185	310	826
Cash Equivalents	3,242	1,738	357	371	663	1,561	1,900	3,859	4,228	4,190
Loans n Advances	3,342	3,313	2,287	1,893	2,823	1,666	1,722	1,791	2,846	2,894
Other asset items	28	38	21	6	26	74	69	133	77	96
Total Assets	9,641	8,407	6,657	5,523	5,750	6,030	6,636	8,756	10,426	11,814

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	284	-420	-342	84	504	1,068	530	2,130	412	167
Profit Before Tax & Extraordinary Items	841	803	774	671	742	341	744	482	828	749
Depreciation	53	62	63	83	96	95	90	77	67	71
Interest (Net)	-307	-198	-89	-43	-49	-52	-60	-107	-316	-297
Profit / Loss on Sale of Assets	0	0	0	0	0	0	0	0	0	0
Provisions & Write-offs (Net)	37	80	70	-25	13	3	81	17	25	219
Receivables	190	-14	-473	183	188	16	19	120	-126	-516
Inventories	-582	-187	290	261	798	-544	-261	-180	-163	-648
Trade Payables	829	127	-518	-492	-174	397	-190	-88	334	707
Loans & Advances	0	0	1	0	0	1	1	0	0	-2
Change in Borrowing	0	0	0	0	0	0	0	0	0	0
Direct Taxes Paid	-278	-335	-254	-295	-174	-78	-203	-218	-156	-203
+ Cash from Investing Activity	149	3	1,047	170	-33	-734	-573	-1,171	-722	-407
Purchase of Fixed Assets	-216	-136	-169	-88	-57	-57	-102	-108	-81	-283
Sale of Fixed Assets	0	0	0	0	0	0	0	0	0	0
Purchase of Investments	0	0	-230	0	0	0	0	0	0	0
Sale of Investments	0	0	0	243	0	0	0	0	0	0
Interest Received	365	139	128	43	35	61	59	109	187	301
Others	0	0	1,318	-28	-12	-738	-530	-1,171	-829	-426
+ Cash from Financing Activity	-324	-166	-769	-268	-191	-173	-149	-171	-148	-220
Repayment of Financial Liabilities	0	0	0	0	-1	-1	-1	-1	-1	-2
Dividend Paid	-123	-122	-219	-265	-187	-169	-145	-167	-145	-217
Others	-199	-42	-547	0	0	0	0	0	0	0
Net Cash Flow	109	-583	-63	-15	280	162	-192	788	-459	-460