1967.2000 18.60 (0.95%)
NSE Jun 10, 2025 15:59 PM
Volume: 3.1M
 

1967.20
0.95%
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 28.42% in the last 1 Month
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