Bharat Dynamics Ltd.

NSE: BDL BSE: 541143 SECTOR: Defence  108k   911   110

1181.20
+33.40 (2.91%)
NSE: Today, 02:14 PM

Price Summary

Today's High

₹ 1191.1

Today's Low

₹ 1135

52 Week High

₹ 1164.5

52 Week Low

₹ 647.6

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

21649.18 Cr.

Enterprise Value

19753.22 Cr.

No. of Shares

18.33 Cr.

P/E

61.47

P/B

6.74

Face Value

₹ 10

Div. Yield

0.82 %

Book Value (TTM)

₹  175.22

CASH

1899.53 Cr.

DEBT

3.58 Cr.

Promoter Holding

74.93 %

EPS (TTM)

₹  19.22

Sales Growth

47.22%

ROE

17.62 %

ROCE

25.15%

Profit Growth

93.95 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Bharat Dynamics Ltd.

AKASH WEAPON SYSTEM CMDS Milan 2T KONKURS - M NAG INVAIR VARUNASTRA

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year47.22%
3 Year-2.81%
5 Year-9.08%

Profit Growth

1 Year93.95%
3 Year5.76%
5 Year-0.94%

ROE%

1 Year17.62%
3 Year16.53%
5 Year19.12%

ROCE %

1 Year25.15%
3 Year23.07%
5 Year27.88%

Debt/Equity

0.0012

Price to Cash Flow

40.87

Interest Cover Ratio

150.480438810747

CFO/PAT (5 Yr. Avg.)

0.821954129603448

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 74.93 0
Dec 2022 74.93 0
Sep 2022 74.93 0
Jun 2022 74.93 0
Mar 2022 74.93 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROCE of 23.0673118925497% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 150.480438810747.
  • Company’s PEG ratio is 0.654342505137352.
  • The company has an efficient Cash Conversion Cycle of 36.9571295770819 days.
  • Company has a healthy liquidity position with current ratio of 2.13991147350517.
  • The company has a high promoter holding of 74.93%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.26084653481837.

 Limitations

  • The company has shown a poor profit growth of 5.76192134563371% for the Past 3 years.
  • The company has shown a poor revenue growth of -2.81463798957813% for the Past 3 years.
  • The company is trading at a high EV/EBITDA of 33.8615.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 1381.08 694.8 534.79 461.55 798.26
Total Expenditure 976.98 652.79 440.93 372.65 614.83
Operating Profit 404.1 42.01 93.85 88.9 183.43
Other Income 28.7 36.76 45 36.47 37.17
Interest 0.85 2.05 0.81 0.83 0.85
Depreciation 20.58 23.39 21.32 18.61 13.94
Exceptional Items -33.59 0 0 0 0
Profit Before Tax 377.78 53.34 116.73 105.93 205.81
Tax 113.42 13.48 40.91 22.18 53.05
Profit After Tax 264.36 39.86 75.82 83.74 152.76
Adjusted EPS (Rs) 14.42 2.17 4.14 4.57 8.33

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 4576.71 3069.35 3104.87 1913.76 2817.4
Total Expenditure 4087.78 2449.03 2348.57 1568.24 2095.97
Operating Profit 488.93 620.32 756.3 345.52 721.44
Other Income 352.57 138.7 88.05 94.61 117.17
Interest 4.2 5.15 5.46 4.71 4.75
Depreciation 63.48 82.5 96.44 94.54 90.35
Exceptional Items 0 0 0 0 -33.59
Profit Before Tax 773.82 671.36 742.45 340.88 709.91
Tax 245.67 248.78 207.55 83.12 209.99
Net Profit 528.15 422.59 534.9 257.77 499.92
Adjusted EPS (Rs.) 28.82 23.06 29.18 14.06 27.28

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 183.28 183.28 183.28 183.28 183.28
Total Reserves 1773.1 2085.26 2423.55 2501.47 2847.28
Borrowings 0 0 0 0 0
Other N/C liabilities 217.44 208.98 709.52 708.31 895.16
Current liabilities 4231.99 2919.12 2314.66 2520.97 2581.06
Total Liabilities 6405.81 5396.65 5631.01 5914.02 6506.77
Assets
Net Block 868.37 956.96 932.36 914.98 873.84
Capital WIP 129.84 47.03 42.06 21.5 40.73
Intangible WIP 0 0 0 0 0
Investments 3.69 3.72 3.9 4.52 0
Loans & Advances 10.89 9.6 9.61 9.12 8.64
Other N/C Assets 75.34 69.85 69.02 64.9 60.33
Current Assets 5317.67 4309.5 4574.06 4899 5523.24
Total Assets 6405.81 5396.65 5631.01 5914.02 6506.77
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 773.82 671.36 742.45 340.88 743.5
Adjustment 30.4 -7.54 45.06 29.34 87.87
Changes in Assets & Liabilities -891.68 -285.47 -109.64 775.61 -98.28
Tax Paid -254.04 -294.83 -173.64 -77.82 -203.42
Operating Cash Flow -341.5 83.52 504.22 1068.01 529.66
Investing Cash Flow 1047.02 169.78 -33.18 -733.78 -573.01
Financing Cash Flow -768.64 -268.13 -190.87 -172.64 -148.52
Net Cash Flow -63.12 -14.83 280.17 161.59 -191.87

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 74.93 74.93 74.93 74.93 74.93
president of india 74.93 74.93 74.93 74.93 74.93
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 25.07 25.07 25.07 25.07 25.07
life insurance cor... 6.25 5.21 2.80 1.61 1.61
hdfc trustee compa... - 7.38 7.02 6.93 8.76
hdfc trustee compa... 7.74 - - - -
max life insurance... - - 1.14 1.25 3.00
abu dhabi investme... 1.34 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY22 21 Jun 2022
  • PresentationQ4FY22 21 Jun 2022
  • PresentationQ1FY21 17 Oct 2020
  • PresentationQ2FY22 15 Dec 2021

Company News

Bharat Dynamics reports 42% fall in Q4 net profit25 May 2023, 4:59PM Bharat Dynamics - Quaterly Results25 May 2023, 3:10PM Bharat Dynamics - Quaterly Results25 May 2023, 3:10PM Bharat Dynamics - Quaterly Results25 May 2023, 3:10PM Bharat Dynamics bags order worth Rs 8161 crore from Indian Army31 Mar 2023, 9:23AM Bharat Dynamics informs about updates28 Feb 2023, 4:50PM Bharat Dynamics informs about receipt of export order20 Feb 2023, 12:43PM Bharat Dynamics bags export order worth $255 million20 Feb 2023, 12:15PM Bharat Dynamics launches three new products during Aero India - 202316 Feb 2023, 2:42PM Bharat Dynamics enters into MoUs with several foreign, Indian companies16 Feb 2023, 9:30AM Bharat Dynamics reports 61% fall in Q3 net profit 7 Feb 2023, 5:52PM Bharat Dynamics informs about unaudited financial results 7 Feb 2023, 3:34PM Bharat Dynamics - Quaterly Results7 Feb 2023, 1:58PM Bharat Dynamics - Quaterly Results7 Feb 2023, 1:58PM Bharat Dynamics - Quaterly Results7 Feb 2023, 1:58PM Bharat Dynamics informs about change in directorate2 Jan 2023, 6:09PM Bharat Dynamics informs about analyst meet12 Dec 2022, 12:03PM Bharat Dynamics - Quaterly Results11 Nov 2022, 5:09PM Bharat Dynamics - Quaterly Results11 Nov 2022, 5:09PM Bharat Dynamics - Quaterly Results11 Nov 2022, 5:09PM Bharat Dynamics inks MoUs with various organizations during Defexpo 21 Oct 2022, 4:52PM Bharat Dynamics launches three new products at Defexpo-202221 Oct 2022, 2:08PM Bharat Dynamics informs about scrutinizer and e-voting results28 Sep 2022, 1:20PM Bharat Dynamics informs about newspaper publication5 Sep 2022, 4:32PM Bharat Dynamics - Quaterly Results12 Aug 2022, 1:58PM Bharat Dynamics - Quaterly Results12 Aug 2022, 1:58PM Bharat Dynamics - Quaterly Results12 Aug 2022, 1:58PM Bharat Dynamics informs about certificate8 Jul 2022, 3:48PM Bharat Dynamics inks contract with Ministry of Defence31 May 2022, 4:36PM Bharat Dynamics - Quaterly Results26 May 2022, 4:14PM Bharat Dynamics - Quaterly Results26 May 2022, 4:14PM Bharat Dynamics - Quaterly Results26 May 2022, 4:14PM Bharat Dynamics informs about annual secretarial compliance report20 May 2022, 3:57PM Bharat Dynamics, UAE firm exchange MoU to explore new business opportunities 31 Mar 2022, 4:39PM Bharat Dynamics reports 4-fold jump in Q3 net profit14 Feb 2022, 3:19PM Bharat Dynamics - Quaterly Results14 Feb 2022, 2:29PM Bharat Dynamics - Quaterly Results14 Feb 2022, 2:29PM Bharat Dynamics - Quaterly Results14 Feb 2022, 2:29PM Bharat Dynamics signs contract for supply of Konkurs - M AntiTank Missiles to Indian Army 3 Feb 2022, 9:27AM Bharat Dynamics informs about board meeting28 Jan 2022, 9:51AM Bharat Dynamics informs about investor presentation13 Dec 2021, 5:04PM Bharat Dynamics informs about analyst meet13 Dec 2021, 4:48PM Bharat Dynamics informs about award of contract 2 Dec 2021, 4:51PM Bharat Dynamics, Indian Army ink contract worth Rs 471. 41 crore2 Dec 2021, 3:35PM Bharat Dynamics informs about media release20 Nov 2021, 10:26AM Bharat Dynamics informs about updates17 Nov 2021, 4:50PM Bharat Dynamics bags order worth Rs 171 crore17 Nov 2021, 3:26PM Bharat Dynamics informs about outcome of board meeting11 Nov 2021, 4:32PM Bharat Dynamics informs about certificate6 Oct 2021, 12:53PM Bharat Dynamics informs about outcome of AGM28 Sep 2021, 3:40PM

Bharat Dynamics Stock Price Analysis and Quick Research Report. Is Bharat Dynamics an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Bharat Dynamics has a PE ratio of 61.615925058548 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Bharat Dynamics has ROA of 8.04979603281004 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Bharat Dynamics has a Current ratio of 2.13991147350517 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Bharat Dynamics has a ROE of 17.6185127240229 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bharat Dynamics has a D/E ratio of 0.0012 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Bharat Dynamics has an Inventory turnover ratio of 1.84659251618233 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Bharat Dynamics has reported revenue growth of 47.2182267416569 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Bharat Dynamics for the current financial year is 25.6064379576822 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bharat Dynamics is Rs 8.3 and the yield is 0.8147 %.

Brief about Bharat Dynamics

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