Bharat Dynamics Ltd. (BDL) AI Stock Analysis

• Market Cap: ₹544.66B
• Dividend Yield: 0.3%
• Average Volume (3M): 107.36K
• Price to Earnings (P/E): 97.1
• Beta (1Y): 1.55
• Revenue Growth: 50.34%
• EPS Growth: -3.01%
• Country: IN
• Employees: 2,401
• Sector: Industrials
• Sector Strength: 84
• Industry: Aerospace & Defense
• EPS (TTM): 0.50
• Shares Outstanding: 366,562,500
• 10 Day Avg. Volume: 97,563
• 30 Day Avg. Volume: 107,358
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,682.00
• Price Target Upside: 5.74% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 53 Neutral
• Price Target: ₹1,682.00 ▲(5.74% Upside)

Bharat Dynamics Ltd. has a strong financial performance, which is a positive indicator. However, the technical analysis suggests bearish momentum, and the high valuation metrics indicate that the stock might be overpriced. These negative aspects contribute significantly to the overall score.

Bharat Dynamics Ltd. Business Overview & Revenue Model

Company Description

Bharat Dynamics Ltd. (BDL) is a public sector undertaking under the Ministry of Defence, Government of India. It is primarily engaged in the manufacturing of guided missiles and allied defense equipment. BDL plays a crucial role in India's defense sector, providing missile systems, torpedoes, and other advanced weaponry to the Indian Armed Forces, thus contributing significantly to national security.

How the Company Makes Money

Bharat Dynamics Ltd. generates revenue primarily through the design, development, and manufacturing of missile systems and allied defense equipment for the Indian Armed Forces. The company earns its income by fulfilling defense contracts awarded by the Government of India, which include the production of tactical and strategic missile systems, torpedoes, and countermeasure dispensing systems. Additionally, BDL benefits from collaborations and partnerships with international defense firms, which enable technology transfers and joint ventures, further enhancing its product offerings and market reach. The company's financial performance is closely linked to defense budget allocations and its ability to secure and execute large-scale defense projects.

Bharat Dynamics Ltd. Financial Statement Overview

Summary

Bharat Dynamics Ltd. shows strong financial performance with robust revenue growth and a solid balance sheet. The company maintains healthy profitability margins, though fluctuations in EBIT could indicate operational risks. Cash flow management is generally positive, but the slowdown in free cash flow growth warrants attention.

Income Statement

Bharat Dynamics Ltd. shows a strong financial performance with a healthy gross profit margin and net profit margin over recent years. The company experienced a significant revenue increase in the most recent year compared to the previous year, highlighting robust growth. However, the company's EBIT margin has shown some volatility over the years, which could indicate operational challenges.

Balance Sheet

The balance sheet of Bharat Dynamics Ltd. is strong, characterized by a low debt-to-equity ratio, indicating solid leverage management. The company's return on equity is impressive, reflecting efficient utilization of equity to generate profits. Additionally, the equity ratio suggests a stable financial structure with a high proportion of equity relative to total assets.

Cash Flow

The cash flow position of Bharat Dynamics Ltd. is adequate, with a positive free cash flow indicating efficiency in capital expenditure and operational management. However, there is a noticeable decline in free cash flow growth rate, which could pose future challenges. The operating cash flow to net income ratio remains stable, suggesting effective conversion of income to cash.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	33.45B	23.69B	24.69B	27.44B	18.34B
Gross Profit	10.48B	14.30B	12.78B	15.65B	9.74B
EBITDA	8.23B	8.99B	5.65B	8.05B	4.40B
Net Income	5.50B	6.13B	3.52B	5.00B	2.58B
Balance Sheet
Total Assets	117.42B	103.40B	86.72B	65.64B	59.62B
Cash, Cash Equivalents and Short-Term Investments	41.90B	42.28B	51.83B	19.00B	15.61B
Total Debt	21.15M	37.41M	52.08M	65.27M	77.12M
Total Liabilities	77.34B	67.03B	54.61B	35.33B	32.77B
Stockholders Equity	40.09B	36.37B	32.11B	30.31B	26.85B
Cash Flow
Free Cash Flow	1.84B	3.31B	20.22B	4.28B	10.11B
Operating Cash Flow	4.67B	4.12B	21.30B	5.30B	10.68B
Investing Cash Flow	-7.09B	-7.22B	-11.71B	-5.73B	-7.34B
Financing Cash Flow	-2.18B	-1.48B	-1.71B	-1.49B	-1.73B

Bharat Dynamics Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1590.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BDL, the sentiment is Neutral. The current price of 1590.7 is below the 20-day moving average (MA) of 1618.56, below the 50-day MA of 1791.66, and above the 200-day MA of 1403.21, indicating a neutral trend. The MACD of -76.01 indicates Positive momentum. The RSI at 41.88 is Neutral, neither overbought nor oversold. The STOCH value of 39.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:BDL.

Bharat Dynamics Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HAL	71 Outperform	₹2.95T	35.45		0.84%	2.07%	0.81%
BEL	67 Neutral	₹2.78T	50.53		0.62%	14.23%	29.82%
Sector *	66 Neutral	£2.67B	13.00	3.30%	3.25%	2.35%	-22.12%
COCHINSHIP	61 Neutral	₹438.79B	52.17		0.58%	25.85%	5.62%
MAZDOCK	61 Neutral	₹1.09T	50.04		0.75%	21.24%	-6.44%
GRSE	60 Neutral	₹287.43B	51.29		0.41%	39.76%	52.36%
BDL	53 Neutral	₹544.66B	97.13		0.30%	50.34%	-3.01%