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

1900.00

1.55%

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 73.72% in the last 3 Months

Bharat Dynamics Ltd.

08 Feb 2025

1900.00

1.55%

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. has an average target of 1400.00 from 2 brokers.

Bharat Dynamics Ltd.

15 Feb 2024

1900.00

1.55%

Bharat Dynamics

Buy: Bharat Dynamics Ltd.

Target

ICICI Direct

Bharat Dynamics Ltd. is trading above all available SMAs

Bharat Dynamics Ltd.

04 Nov 2023

1900.00

1.55%

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 54.85% in the last 6 Months

Bharat Dynamics Ltd.

01 Sep 2023

1900.00

1.55%

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

Minerva Capital Research Solutions released a Not Rated report for Bharat Dynamics Ltd. on 10 Jun, 2025.

Bharat Dynamics Ltd.

10 Aug 2023

1900.00

1.55%

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.

Bharat Dynamics Ltd. has gained 54.85% in the last 6 Months

Bharat Dynamics Ltd.

08 Aug 2023

1900.00

1.55%

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 73.72% in the last 3 Months

Bharat Dynamics Ltd.

04 Aug 2023

1900.00

1.55%

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.

Bharat Dynamics Ltd. has gained 21.03% in the last 1 Month

Bharat Dynamics Ltd.

05 Jul 2023

1900.00

1.55%