Bharat Dynamics Limited
Bharat Dynamics (BDL), is a Government of India Enterprise. It is engaged in the manufacturing of guided missiles and allied defence equipments. The company exports lightweight torpedoes, countermeasures dispensing systems, ATGM, and Akash weapon systems. It plans to open representative offices in foreign countries.
Key Business segments
The company manufactures and supplies guided missiles, underwater weapons, airborne products, and allied defense equipment for the Indian Armed Forces. It also provides product life cycle support for all equipment supplied, as well as refurbishment and life extension services for vintage missiles already in the Indian Armed Forces’ inventory.
Shareholding Pattern
-PUBLIC GROUP
-PROMOTER GROUP
Financial Summary
| Particulars | March 2022 | March 2023 | March 2024 |
| Sales | 2,817 | 2,489 | 2,369 |
| Sales Growth % | 47.22% | -11.64% | -4.82% |
| Expenses | 2,090 | 2,080 | 1,832 |
| Operating Profit | 727 | 409 | 537 |
| OPM % | 26% | 16% | 23% |
| Net Profit | 500 | 352 | 613 |
| EPS in Rs | 13.64 | 9.61 | 16.71 |
Final Outlook
When analyzing the profit of Bharat Dynamics, the company’s profit before tax grew by approximately 72%, while the net profit surged by around 74% from FY 2023 to FY 2024, demonstrating strong revenue growth and improved profitability despite increased tax expenses.
Bharat Dynamics has demonstrated strong growth over the years, backed by increasing defense contracts and a robust order book. With the government’s focus on defense modernization and self-reliance (Atmanirbhar Bharat), the company is well-positioned for long-term expansion, making it a promising investment for wealth creation.
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