Bharat Dynamics Ltd
BDLBharat Dynamics Ltd
BDL
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 63.99 | 9.74 | 0.55% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 47.66 | 6.65 | 0.57% |
Forecast & Ratings
Detailed Forecast from 5 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Bharat Dynamics designs and manufactures under water guided weapon systems
Peers
Compare with peersHindustan Aeronautics Ltd
Data Patterns (India) Ltd
Paras Defence and Space Technologies Ltd
ideaForge Technology Ltd
Sika Interplant Systems Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 4,463.52 | 5,186.56 | 4,760.16 | 3,205.34 | 3,192.92 | 2,008.37 | 2,928.61 | 2,644.79 | 2,731.11 | 2,534.18 | ||||||||||
Raw Materials | 2,623.15 | 3,125.23 | 2,907.59 | 1,818.97 | 1,014.09 | 970.08 | 1,263.37 | 1,210.33 | 1,119.96 | 1,710.01 | ||||||||||
| Power & Fuel Cost | 30.18 | 24.34 | 27.33 | 26.04 | 27.21 | 23.28 | 25.36 | 24.49 | 27.45 | |||||||||||
| Employee Cost | 326.23 | 448.39 | 529.34 | 534.21 | 534.03 | 501.09 | 570.66 | 532.46 | 600.01 | |||||||||||
| Selling & Administrative Expenses | 53.06 | 81.55 | 254.76 | 122.89 | 132.28 | 104.34 | 115.19 | 99.78 | 98.39 | |||||||||||
| Operating & Other expenses | 531.02 | 637.73 | 199.64 | -55.79 | 640.96 | -30.55 | 149.02 | 213.11 | -13.58 | |||||||||||
EBITDA | 899.88 | 869.32 | 841.50 | 759.02 | 844.35 | 440.13 | 805.01 | 564.62 | 898.88 | 824.17 | ||||||||||
| Depreciation/Amortization | 53.22 | 62.02 | 63.48 | 82.50 | 96.44 | 94.54 | 90.35 | 77.26 | 67.04 | 66.06 | ||||||||||
| PBIT | 846.66 | 807.30 | 778.02 | 676.52 | 747.91 | 345.59 | 714.66 | 487.36 | 831.84 | 758.11 | ||||||||||
| Interest & Other Items | 5.39 | 4.49 | 4.20 | 5.15 | 5.46 | 4.71 | 4.75 | 5.55 | 3.60 | 3.43 | ||||||||||
| PBT | 841.27 | 802.81 | 773.82 | 671.37 | 742.45 | 340.88 | 709.91 | 481.81 | 828.24 | 754.68 | ||||||||||
| Taxes & Other Items | 279.20 | 278.75 | 245.68 | 248.78 | 207.55 | 83.11 | 209.99 | 129.63 | 215.52 | 201.13 | ||||||||||
| Net Income | 562.07 | 524.06 | 528.14 | 422.59 | 534.90 | 257.77 | 499.92 | 352.18 | 612.72 | 553.55 | ||||||||||
| EPS | 5.28 | 5.36 | 7.86 | 11.53 | 14.59 | 7.03 | 13.64 | 9.61 | 16.72 | 15.10 | ||||||||||
| DPS | 3.46 | 3.22 | 3.65 | 3.46 | 4.40 | 3.68 | 4.15 | 4.68 | 5.28 | 5.28 | ||||||||||
| Payout ratio | 0.65 | 0.60 | 0.46 | 0.30 | 0.30 | 0.52 | 0.30 | 0.49 | 0.32 | 0.35 |
Company Updates
Peers & Comparison
IndustrialsAerospace & Defense Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Bharat Dynamics Ltd | 57.81 | 9.74 | 0.55% |
| Hindustan Aeronautics Ltd | 35.60 | 9.31 | 0.86% |
| Data Patterns (India) Ltd | 70.60 | 9.69 | 0.28% |
| Paras Defence and Space Technologies Ltd | 122.85 | 8.89 | — |
Price Comparison
Compare BDL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.48%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 1.03%
Top 5 Mutual Funds holding Bharat Dynamics Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.2256% | Percentage of the fund’s portfolio invested in the stock 0.46% | Change in the portfolio weight of the stock over the last 3 months -0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 32/299 (-6) |
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4677% | Percentage of the fund’s portfolio invested in the stock 0.27% | Change in the portfolio weight of the stock over the last 3 months -0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 86/232 (-15) |
Motilal Oswal Nifty India Defence Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3654% | Percentage of the fund’s portfolio invested in the stock 6.09% | Change in the portfolio weight of the stock over the last 3 months -1.25% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 6/18 (0) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.55%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.46 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 23, 2024
Dividend/Share
₹0.85
Ex DateEx Date
Sep 23, 2024
Cash Dividend
Ex DateEx DateApr 2, 2024
Dividend/Share
₹8.85
Ex DateEx Date
Apr 2, 2024
Cash Dividend
Ex DateEx DateSep 20, 2023
Dividend/Share
₹1.20
Ex DateEx Date
Sep 20, 2023
Cash Dividend
Ex DateEx DateFeb 20, 2023
Dividend/Share
₹8.15
Ex DateEx Date
Feb 20, 2023
Cash Dividend
Ex DateEx DateSep 16, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Sep 16, 2022
Net profit of Bharat Dynamics declined 16.70% to Rs 122.53 crore in the quarter ended September 2024 as against Rs 147.09 crore during the previous quarter ended September 2023. Sales declined 12.22% to Rs 535.46 crore in the quarter ended September 2024 as against Rs 609.97 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales535.46609.97 -12 OPM %18.4621.97 - PBDT184.14211.54 -13 PBT166.47194.11 -14 NP122.53147.09 -17 Powered by Capital Market - Live
Bharat Dynamics will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
Bharat Dynamics announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
Bharat Dynamics announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
Revenue from operations stood at Rs 191.17 crore in the June 2024 quarter, down 35.79% from Rs 297.72 crore reported in same quarter previous fiscal. Profit before tax tumbled 80.35% year on year to Rs 11.23 crore in the quarter ended 30 June 2024. Total expenses declined 14.01% to Rs 260.32 crore in Q1 FY25 over Q1 FY24. Cost of materials consumed was Rs 175.11 crore (down 1.3% YoY), employee benefits expense stood at Rs 147.09 crore (up 8.68% YoY) and finance cost was at Rs 1.16 crore (up 48.72% YoY) during the period under review. Bharat Dynamics is engaged in the manufacturing of Missiles and allied Defence Equipments. The Company provides majority of its goods and services to the Indian Armed forces and Government of India. Powered by Capital Market - Live
Net profit of Bharat Dynamics declined 82.74% to Rs 7.22 crore in the quarter ended June 2024 as against Rs 41.82 crore during the previous quarter ended June 2023. Sales declined 36.49% to Rs 187.78 crore in the quarter ended June 2024 as against Rs 295.69 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales187.78295.69 -36 OPM %-27.86-11.04 - PBDT26.9174.03 -64 PBT11.2457.14 -80 NP7.2241.82 -83 Powered by Capital Market - Live
IAF gives clearance to DRDO, BDL for Astra missile production
Bharat Dynamics will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live
Defence stocks HAL, Bharat Dynamics, others recover from 10% fall post budget jitters
Defence Stock Picks Ahead of Budget 2024: Analysts’ Pick HAL, BEL, Azad Engineering, Others - News18
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of -3.15%, vs industry avg of 8.49%
Decreasing Market Share
Over the last 5 years, market share decreased from 13.35% to 7.49%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 7.71%, vs industry avg of 24.96%