Bharat Dynamics Ltd. News and Updates

Name: Latest research reports of Bharat Dynamics Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Bharat Dynamics Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Bharat Dynamics Ltd. from all sources in a single place.

Bharat Dynamics Ltd.

10 Jun 2025

1984.10

0.96%

Company Note

Not Rated: Bharat Dynamics Ltd.

Minerva Capital Research Solutions

Healthy order book of INR 22,700 Cr. (Apr’25) translating into 6.8x order book / FY25 sales (highest amongst peers), strategic importance to GoI (prime production agency for guided weapons systems) and expected improvement in operating margins.

Bharat Dynamics Ltd. has gained 73.49% in the last 6 Months

Bharat Dynamics Ltd.

08 Feb 2025

1984.10

0.96%

Conspicuous execution uptick

Buy: Bharat Dynamics Ltd.

ICICI Securities Limited

Bharat Dynamics (BDL) reported a healthy Q3FY25 performance. EBITDA (adj. for provisions created) sored 120% YoY to INR 2.6bn while revenue surged 34% YoY to INR 7.9bn.

Bharat Dynamics Ltd. is trading above all available SMAs

Bharat Dynamics Ltd.

15 Feb 2024

1984.10

0.96%

Bharat Dynamics

Buy: Bharat Dynamics Ltd.

Target

ICICI Direct

Bharat Dynamics Ltd. has gained 47.68% in the last 3 Months

Bharat Dynamics Ltd.

04 Nov 2023, 12:00AM

1984.10

0.96%

Steady execution; see no risk to our FY24E revenue guidance of INR 32bn

Buy: Bharat Dynamics Ltd.

ICICI Securities Limited

Bharat Dynamics’ (BDL) Q2FY24 performance was resilient led by pick-up in execution. Key points: 1) In our view, profitability was aided by execution of ATGMs – most of which have high indigenous content; 2) revenue growth was partially aided by making up of some shortfall in FY23; and 3) other income was aided by customer advances received post ordering of Akash 3rd and 4th regiment.

Bharat Dynamics Ltd. has gained 73.49% in the last 6 Months

Bharat Dynamics Ltd.

01 Sep 2023

1984.10

0.96%

V Raja Ram is new Director of BDL

Business Line

Raja Ram has served as Executive Director and Unit Head of Kanchanbagh Unit, Hyderabad of BDL

Bharat Dynamics Ltd. has an average target of 1400.00 from 2 brokers.

Bharat Dynamics Ltd.

10 Aug 2023

1984.10

0.96%

Buy Bharat Dynamics; target of Rs 1325: ICICI Securities

Moneycontrol

ICICI Securities is bullish on Bharat Dynamics recommended buy rating on the stock with a target price of Rs 1325 in its research report dated August 08, 2023.

Number of FII/FPI investors increased from 168 to 179 in Mar 2025 qtr.

Bharat Dynamics Ltd.

08 Aug 2023

1984.10

0.96%

Slow start, but prospects remain bright

Buy: Bharat Dynamics Ltd.

ICICI Securities Limited

Bharat Dynamics (BDL) reported loss at the EBITDA level in Q1FY24. Key points: 1) revenue was down 57% YoY as the quarter did not have certain deadline-specific orders it had last year ; 2) fixed costs remained broadly stable; 3) other income surged on the back of advances (mainly for Akash 3rd and 4th regiments); and 4) orderbook as of 30th Jun’23 was at INR 202.2bn, implying orderbook/revenue (ttm) of 9.7x.

Bharat Dynamics Ltd. has gained 47.68% in the last 3 Months

Bharat Dynamics Ltd.

04 Aug 2023

1984.10

0.96%

Bharat Dynamics Q1 Results: Profit inches up 5%, revenue declines 57%

Moneycontrol

Bharat Dynamics Q1 results: Standalone net profit was up 5 percent YoY to Rs 41.8 crore in the June quarter whereas revenue more than halved to Rs 297.7 crore.

Number of FII/FPI investors increased from 168 to 179 in Mar 2025 qtr.

Bharat Dynamics Ltd.

05 Jul 2023

1984.10

0.96%