Bharat Dynamics Limited

BSE: 541143 NSE: BDL
Bharat Dynamics Limited - aerospace, maritime and defense in Na, Telangana, India. FY 2026 financials and compliance.
CIN L24292TG1970GOI001353 Incorporated 16 July 1970 ROC Hyderabad HQ Na, Telangana, India
Active Listed - NSE: BDL · BSE: 541143 Public Limited Union Government Company aerospace, maritime and defense
Data last updated
Revenue · FY 2026
₹2,441.79 Cr
▼ 27% YoY
EBITDA · FY 2026
₹647.14 Cr
▼ 21.35% YoY
Net profit · FY 2026
₹420.34 Cr
▼ 23.53% YoY
Authorised capital
₹200 Cr
Registered with MCA
Paid-up capital
₹183.28 Cr
Issued & subscribed
Open charges
₹615 Cr
Satisfied ₹10 Lakh
Company age
56 yrs
Est. 1970
Employees · EPFO
2,487
Latest available

About Bharat Dynamics Limited

Data last updated: 22 December 2025

Bharat Dynamics Limited is a public limited union government company based in Na, Telangana, India. It specialises in defence tech and equipment, a part of the broader aerospace, maritime and defence sector. Incorporated on 16 July 1970, the company has been in operation for over 56 years.

Registered with ROC Hyderabad under CIN L24292TG1970GOI001353. Listed on BSE: 541143 and NSE: BDL.

Capital: an authorised share capital of ₹200 Cr and a paid-up capital of ₹183.28 Cr. Formerly known as Bharat Dynamics Private Limited. It is led by directors including Meera Mohanty and Raja Ram Venkata Ramana Prabhala.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Kanchanbagh Hyderabad, Na, Telangana, India – 500058.

As per the financials filed for FY 2025, the company reported a revenue of ₹3,695.45 Cr, a growth of 35% compared to the previous year.

The company has a workforce of approximately 2,487 employees as per the latest available data.

The company is associated with 2 brands - Bdl India, Bharat Dynamics Limited. As per MCA filings, the company has open charges of ₹615 Cr and satisfied charges of ₹10 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bdl-india.com.

Company Details of Bharat Dynamics Limited
CIN L24292TG1970GOI001353
Registration Number 001353
Incorporation Date 16 July 1970
ROC Hyderabad
Listing Status Listed (BSE: 541143, NSE: BDL)
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Madhavarao Atmakuri Managing Director Raja Ram Venkata Ramana Prabhala Whole-Time Director Venkata Srinivas Rao Devulapally Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    bdl-india.com
  • Social Media
  • Registered Address
    Kanchanbagh Hyderabad, Na, Telangana, India – 500058
  • Industry
    Aerospace, Maritime and Defense, Defence Tech & Equipment
Company report
Bharat Dynamics Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Bharat Dynamics Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Bharat Dynamics Limited

Bharat Dynamics Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24292TG1970GOI001353, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L24292TG1970GOI001353 Current
U24292TG1970GOI001353 Previous
U24292AP1970GOI001353 Previous
U99999AP1970GOI001353 Previous

Associated Brands with Bharat Dynamics Limited

Bharat Dynamics Limited operates two associated brands: BDL India and Bharat Dynamics Limited. These brands represent Bharat Dynamics Limited's diversified market presence and brand portfolio.

Brand Description Website
BDL India
Missiles and defense equipment are designed and manufactured. bdl-india.com
Bharat Dynamics Limited
Guided missiles and defense equipment are developed and manufactured. bdl-india.in

Competitors & Alternatives of Bharat Dynamics Limited

Brands and companies operating in the same space as Bharat Dynamics Limited include RTX, Airbus, Lockheed Martin and 7 more.

Competitor Description Location Founded
RTX RTX Defense and aerospace systems are manufactured and developed by RTX. United States 1922
Airbus Airbus Commercial aircraft, helicopters, satellites, and launch vehicles are manufactured. Toulouse, France, France 1969
Lockheed Martin Lockheed Martin Manufacturer of global security and defense airplanes United States 1912
QinetiQ QinetiQ Provider of a suite of systems for security solutions Farnborough, United Kingdom, United Kingdom 2001
L3Harris L3Harris Manufacturer of C6ISR system United States 1895
BAE Systems BAE Systems Aerospace and submarine security systems are manufactured by BAE Systems. United States 1999
Paras Defence & Space Technologies Paras Defence & Space Technologies A wide range of defence products and solutions is offered. Navi Mumbai, India, India 1972
Sierra Nevada Corp Sierra Nevada Corp Diversified space components, subsystems, and spacecraft are manufactured. Sparks, United States, United States 1963
Boeing Boeing Commercial jetliners, defense, space, and security systems are manufactured. United States 1916
Kratos Kratos AI and cloud-based platforms for national security are provided. United States 1994

Business Activity of Bharat Dynamics Limited

Bharat Dynamics Limited is engaged in the principal business activity of public services by government agencies, with detailed activities including administration of activities relating to foreign affairs, defence, public order, compulsory social security, etc..

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
O Public Services by Government agencies O3 Administration of activities relating to Foreign affairs, Defence, public order, compulsory social security, etc. *********

Auditor Details of Bharat Dynamics Limited

Bharat Dynamics Limited is audited by G Natesan & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
G Natesan & Co blur-value blur-value blur-value

Board of Directors of Bharat Dynamics Limited

Bharat Dynamics Limited is currently managed by 10 directors, with 58 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Meera Mohanty
Also directs: Bharat Dynamics Limited, Bharat Electronics Limited, Beml Limited
Nominee Director 14 Jul 2025 0 Years 11 Months Current
Raja Ram Venkata Ramana Prabhala
Also directs: Bharat Dynamics Limited
Whole-Time Director 30 Aug 2023 2 Years 10 Months Current
Rajababu Ummalaneni
Also directs: Bharat Dynamics Limited, Brahmos Aerospace Thiruvananthapuram Limited, Brahmos Aerospace Private Limited
Nominee Director 21 Jul 2023 2 Years 11 Months Current
Rajendra Singh Shekhawat
Also directs: Bharat Dynamics Limited
Director 28 Dec 2021 4 Years 6 Months Current
Venkata Srinivas Rao Devulapally
Also directs: Bharat Dynamics Limited
Whole-Time Director 20 Sep 2024 1 Years 9 Months Current
Madhavarao Atmakuri
Also directs: Bharat Dynamics Limited
Managing Director 02 Jan 2023 3 Years 6 Months Current
Showing 6 of 10 current directors. View all directors

Financials of Bharat Dynamics Limited FY 2026 filings available

Bharat Dynamics Limited reported revenue of ₹2,441.79 Cr (down 27% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹2,441.79 Cr ▼ 27%
Profit · FY 2026
₹420.34 Cr ▼ 23.53%
EBITDA · FY 2026
₹647.14 Cr ▼ 21.35%
Revenue₹ Cr · Standalone02,0004,000FY 2020: ₹3,095 Cr3,095FY 2020FY 2021: ₹1,914 Cr · -38.2% YoY1,914-38.2%FY 2021FY 2022: ₹2,817 Cr · +47.2% YoY2,817+47.2%FY 2022FY 2023: ₹2,489 Cr · -11.6% YoY2,489-11.6%FY 2023FY 2024: ₹2,369 Cr · -4.8% YoY2,369-4.8%FY 2024FY 2025: ₹3,345 Cr · +41.2% YoY3,345+41.2%FY 2025FY 2026: ₹2,442 Cr · -27% YoY2,442-27%FY 2026
Net Profit₹ Cr · Standalone0250500750FY 2020: ₹535 Cr535FY 2020FY 2021: ₹258 Cr · -51.8% YoY258-51.8%FY 2021FY 2022: ₹500 Cr · +93.9% YoY500+93.9%FY 2022FY 2023: ₹352 Cr · -29.6% YoY352-29.6%FY 2023FY 2024: ₹613 Cr · +74% YoY613+74%FY 2024FY 2025: ₹550 Cr · -10.3% YoY550-10.3%FY 2025FY 2026: ₹420 Cr · -23.5% YoY420-23.5%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year01,0002,000Q1'25: ₹191 Cr · -35.8% YoY191-35.8%Q1'25Q2'25: ₹545 Cr · -11.5% YoY545-11.5%Q2'25Q3'25: ₹832 Cr · +38.3% YoY832+38.3%Q3'25Q4'25: ₹1,777 Cr · +108% YoY1,777+108%Q4'25Q1'26: ₹248 Cr · +29.7% YoY248+29.7%Q1'26Q2'26: ₹1,147 Cr · +110.6% YoY1,147+110.6%Q2'26Q3'26: ₹567 Cr · -31.9% YoY567-31.9%Q3'26Q4'26: ₹480 Cr · -73% YoY480-73%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹2,441.79 Cr ₹3,345.05 Cr ₹2,369.28 Cr ₹2,489.39 Cr ₹2,817.4 Cr ₹1,913.76 Cr ₹3,095.2 Cr
Other Income ₹423.77 Cr ₹350.4 Cr ₹361.83 Cr ₹155.4 Cr ₹111.21 Cr ₹94.61 Cr ₹115.98 Cr
Total Income ₹2,865.56 Cr ₹3,695.45 Cr ₹2,731.1 Cr ₹2,644.79 Cr ₹2,928.61 Cr ₹2,008.37 Cr ₹3,211.18 Cr
Cost of Materials Consumed ₹1,995.55 Cr ₹2,099.76 Cr ₹1,119.96 Cr ₹1,210.33 Cr ₹1,263.37 Cr ₹970.08 Cr ₹1,036.07 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹773.06 Cr -₹421.86 Cr -₹222.63 Cr -₹19.04 Cr -₹84.36 Cr -₹128.91 Cr ₹503.66 Cr
Employee Benefit Expense ₹535.57 Cr ₹548.8 Cr ₹600.01 Cr ₹532.46 Cr ₹570.66 Cr ₹501.09 Cr ₹534.03 Cr
Finance Costs ₹3.39 Cr ₹3.31 Cr ₹3.11 Cr ₹4.54 Cr ₹3.42 Cr ₹3.91 Cr ₹4.66 Cr
Depreciation & Amortisation ₹75.93 Cr ₹70.7 Cr ₹67.04 Cr ₹77.26 Cr ₹90.35 Cr ₹94.54 Cr ₹96.44 Cr
Other Expenses ₹460.36 Cr ₹645.99 Cr ₹335.39 Cr ₹357.44 Cr ₹341.66 Cr ₹226.78 Cr ₹293.87 Cr
Total Expenses ₹2,297.74 Cr ₹2,946.69 Cr ₹1,902.87 Cr ₹2,162.99 Cr ₹2,185.12 Cr ₹1,667.49 Cr ₹2,468.72 Cr
Profit Before Exceptional Items & Tax ₹567.82 Cr ₹748.76 Cr ₹828.24 Cr ₹481.8 Cr ₹743.5 Cr ₹340.88 Cr ₹742.45 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 -₹33.59 Cr ₹0 ₹0
Profit Before Tax ₹567.82 Cr ₹748.76 Cr ₹828.24 Cr ₹481.8 Cr ₹709.91 Cr ₹340.88 Cr ₹742.45 Cr
Total Tax Expense ₹147.48 Cr ₹199.12 Cr ₹215.51 Cr ₹129.63 Cr ₹209.99 Cr ₹83.12 Cr ₹207.55 Cr
Net Profit ₹420.34 Cr ₹549.65 Cr ₹612.72 Cr ₹352.17 Cr ₹499.92 Cr ₹257.77 Cr ₹534.9 Cr
Other Comprehensive Income ₹46.06 Lakh ₹26.51 Lakh -₹3.2 Cr ₹1.8 Cr -₹8.41 Cr -₹13.54 Cr -₹21.62 Cr
Total Comprehensive Income ₹420.8 Cr ₹549.91 Cr ₹609.52 Cr ₹353.97 Cr ₹491.52 Cr ₹244.22 Cr ₹513.28 Cr
EBITDA (computed) ₹647.14 Cr ₹822.77 Cr ₹898.38 Cr ₹563.6 Cr ₹837.28 Cr ₹439.33 Cr ₹843.55 Cr
Basic EPS ₹11.47 ₹14.99 ₹16.72 ₹19.22 ₹27.28 ₹14.06 ₹29.18
Diluted EPS ₹11.47 ₹14.99 ₹16.72 ₹19.22 ₹27.28 ₹14.06 ₹29.18
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹14,261 Cr ₹11,742 Cr ₹10,340 Cr ₹8,672.43 Cr
Non-current Assets ₹1,504.53 Cr ₹1,364.57 Cr ₹1,101.04 Cr ₹1,072.29 Cr
Current Assets ₹12,757 Cr ₹10,378 Cr ₹9,239.01 Cr ₹7,600.14 Cr
Property, Plant & Equipment ₹700.49 Cr ₹667.37 Cr ₹672.36 Cr ₹646.28 Cr
Inventories ₹4,625.64 Cr ₹2,645.11 Cr ₹1,982.47 Cr ₹1,822.44 Cr
Trade Receivables ₹422.88 Cr ₹826.36 Cr ₹310.45 Cr ₹184.57 Cr
Cash & Equivalents ₹863.31 Cr ₹133.86 Cr ₹593.84 Cr ₹1,052.88 Cr
Equity (Net Worth) ₹4,240.97 Cr ₹4,008.95 Cr ₹3,636.82 Cr ₹3,211.5 Cr
Equity Share Capital ₹183.28 Cr ₹183.28 Cr ₹183.28 Cr ₹183.28 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹0 ₹0 ₹0 ₹0
Current Liabilities ₹6,345.82 Cr ₹4,360.17 Cr ₹3,005.76 Cr ₹2,205.97 Cr
Total Liabilities ₹10,021 Cr ₹7,733.53 Cr ₹6,703.23 Cr ₹5,460.93 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹604 Cr ₹167.39 Cr ₹411.72 Cr ₹2,130.25 Cr ₹529.66 Cr
Investing Cash Flow ₹319.61 Cr -₹407.13 Cr -₹722.4 Cr -₹1,171.03 Cr -₹573.01 Cr
Financing Cash Flow -₹194.16 Cr -₹220.25 Cr -₹148.36 Cr -₹171.38 Cr -₹148.52 Cr
Capital Expenditure ₹217.32 Cr ₹108.04 Cr ₹80.7 Cr ₹108.26 Cr ₹101.05 Cr
Free Cash Flow (computed) ₹386.68 Cr ₹59.35 Cr ₹331.02 Cr ₹2,021.99 Cr ₹428.61 Cr
Dividends Paid ₹190.36 Cr ₹216.7 Cr ₹145.17 Cr ₹166.92 Cr ₹145.3 Cr
Net Change in Cash ₹729.46 Cr -₹459.99 Cr -₹459.04 Cr ₹787.84 Cr -₹191.87 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹480.2 Cr ₹566.63 Cr ₹1,147.03 Cr ₹247.93 Cr ₹1,776.98 Cr ₹832.14 Cr ₹544.77 Cr ₹191.17 Cr ₹854.12 Cr ₹601.62 Cr ₹615.81 Cr ₹297.72 Cr
Other Income ₹119.16 Cr ₹97.17 Cr ₹120.57 Cr ₹86.86 Cr ₹99.57 Cr ₹84.42 Cr ₹86.03 Cr ₹80.38 Cr ₹88.49 Cr ₹87.6 Cr ₹78.3 Cr ₹107.45 Cr
Total Income ₹599.37 Cr ₹663.8 Cr ₹1,267.6 Cr ₹334.79 Cr ₹1,876.55 Cr ₹916.56 Cr ₹630.8 Cr ₹271.55 Cr ₹942.61 Cr ₹689.22 Cr ₹694.11 Cr ₹405.17 Cr
Cost of Materials Consumed ₹543.51 Cr ₹463.84 Cr ₹781.66 Cr ₹206.53 Cr ₹1,389.92 Cr ₹324.7 Cr ₹210.03 Cr ₹175.11 Cr ₹626.7 Cr ₹136.31 Cr ₹179.54 Cr ₹177.41 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹362.95 Cr -₹132.35 Cr -₹130.46 Cr -₹147.3 Cr -₹337.75 Cr ₹45.06 Cr ₹13.7 Cr -₹142.86 Cr -₹342.03 Cr ₹80.6 Cr ₹91.92 Cr -₹53.13 Cr
Employee Benefit Expense ₹103.51 Cr ₹137.7 Cr ₹162.39 Cr ₹131.97 Cr ₹137.89 Cr ₹121.9 Cr ₹141.92 Cr ₹147.09 Cr ₹153.72 Cr ₹181.76 Cr ₹129.19 Cr ₹135.34 Cr
Finance Costs ₹66.79 Lakh ₹67.42 Lakh ₹1.35 Cr ₹69.62 Lakh ₹71.35 Lakh ₹70.95 Lakh ₹73.11 Lakh ₹1.16 Cr ₹76.77 Lakh ₹77.45 Lakh ₹78.34 Lakh ₹77.96 Lakh
Depreciation & Amortisation ₹19.85 Cr ₹19.3 Cr ₹19.12 Cr ₹17.66 Cr ₹19.65 Cr ₹17.7 Cr ₹17.67 Cr ₹15.67 Cr ₹16.25 Cr ₹16.47 Cr ₹17.43 Cr ₹16.89 Cr
Other Expenses ₹140.88 Cr ₹71.45 Cr ₹145.93 Cr ₹102.1 Cr ₹287.95 Cr ₹213.6 Cr ₹80.28 Cr ₹64.15 Cr ₹99.33 Cr ₹84.2 Cr ₹81.13 Cr ₹70.73 Cr
Total Expenses ₹445.47 Cr ₹560.62 Cr ₹979.98 Cr ₹311.66 Cr ₹1,498.37 Cr ₹723.67 Cr ₹464.33 Cr ₹260.32 Cr ₹554.73 Cr ₹500.12 Cr ₹499.99 Cr ₹348.03 Cr
Profit Before Exceptional Items & Tax ₹153.89 Cr ₹103.18 Cr ₹287.61 Cr ₹23.13 Cr ₹378.18 Cr ₹192.88 Cr ₹166.47 Cr ₹11.23 Cr ₹387.87 Cr ₹189.1 Cr ₹194.12 Cr ₹57.14 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹153.89 Cr ₹103.18 Cr ₹287.61 Cr ₹23.13 Cr ₹378.18 Cr ₹192.88 Cr ₹166.47 Cr ₹11.23 Cr ₹387.87 Cr ₹189.1 Cr ₹194.12 Cr ₹57.14 Cr
Total Tax Expense ₹40.71 Cr ₹30.26 Cr ₹71.73 Cr ₹4.78 Cr ₹160.48 Cr ₹45.76 Cr ₹43.94 Cr ₹4.02 Cr ₹99.1 Cr ₹54.07 Cr ₹47.02 Cr ₹15.32 Cr
Net Profit ₹113.18 Cr ₹72.92 Cr ₹215.88 Cr ₹18.35 Cr ₹217.7 Cr ₹147.13 Cr ₹122.53 Cr ₹7.22 Cr ₹288.78 Cr ₹135.03 Cr ₹147.09 Cr ₹41.82 Cr
Other Comprehensive Income -₹1.29 Cr ₹3.91 Cr -₹5.98 Cr ₹3.81 Cr ₹62.61 Lakh ₹2.97 Cr -₹1.37 Cr -₹1.96 Cr -₹5.64 Lakh ₹1.85 Cr -₹1.16 Cr -₹3.84 Cr
Total Comprehensive Income ₹111.9 Cr ₹76.83 Cr ₹209.91 Cr ₹22.16 Cr ₹218.32 Cr ₹150.09 Cr ₹121.16 Cr ₹5.26 Cr ₹288.72 Cr ₹136.89 Cr ₹145.94 Cr ₹37.98 Cr
EBITDA (computed) ₹174.41 Cr ₹123.16 Cr ₹308.08 Cr ₹41.49 Cr ₹398.54 Cr ₹211.29 Cr ₹184.87 Cr ₹28.06 Cr ₹404.89 Cr ₹206.34 Cr ₹212.33 Cr ₹74.81 Cr
Basic EPS ₹3.09 ₹1.99 ₹5.89 ₹0.50 ₹7.44 ₹4.01 ₹3.34 ₹0.20 ₹7.88 ₹7.37 ₹8.03 ₹2.28
Diluted EPS ₹3.09 ₹1.99 ₹5.89 ₹0.50 ₹7.44 ₹4.01 ₹3.34 ₹0.20 ₹7.88 ₹7.37 ₹8.03 ₹2.28
Latest 12 quarters shown of 25 on record.
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Shareholding Pattern of Bharat Dynamics Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.93%, foreign institutional investors hold 2.02%, domestic institutional investors hold 10.97%, retail and other public shareholders hold 12.09% of Bharat Dynamics Limited. The company had 568,164 shareholders on record.

Promoters: 74.93%DII (Domestic Institutional): 10.97%FII (Foreign Institutional): 2.02%Retail & Others: 12.09%
Mar 2026
QUARTER
74.93% Promoters
10.97% DII (Domestic Institutional)
2.02% FII (Foreign Institutional)
12.09% Retail & Others
Promoter holding - history
Now 74.93% · Mar 2026High 87.75% · Mar 2018Low 74.93% · Sep 2020
73%77%81%85%89%Mar 2018Mar 2020Mar 2022Mar 2024Mar 2026Mar 2018: 87.75%Jun 2018: 87.75%Sep 2018: 87.75%Dec 2018: 87.75%Mar 2019: 87.75%Jun 2019: 87.75%Sep 2019: 87.75%Dec 2019: 87.75%Mar 2020: 87.75%Jun 2020: 87.75%Sep 2020: 74.93%Dec 2020: 74.93%Mar 2021: 74.93%Jun 2021: 74.93%Sep 2021: 74.93%Dec 2021: 74.93%Mar 2022: 74.93%Jun 2022: 74.93%Sep 2022: 74.93%Dec 2022: 74.93%Mar 2023: 74.93%Jun 2023: 74.93%Sep 2023: 74.93%Dec 2023: 74.93%Mar 2024: 74.93%Jun 2024: 74.93%Sep 2024: 74.93%Dec 2024: 74.93%Mar 2025: 74.93%Jun 2025: 74.93%Sep 2025: 74.93%Dec 2025: 74.93%Mar 2026: 74.93%87.75%74.93%74.93%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters74.93%74.93%74.93%74.93%74.93%74.93%
Public25.07%25.07%25.07%25.07%25.07%25.07%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Promoters74.93%74.93%74.93%74.93%74.93%74.93%87.75%87.75%87.75%
Public25.07%25.07%25.07%25.07%25.07%25.07%12.25%12.25%12.25%
Promoter change (YoY, %pts)+0.00+0.00+0.00+0.00+0.00-12.82+0.00+0.00-

Board & Governance of Bharat Dynamics Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Bharat Dynamics Limited has 8 directors - 2 independent and 4 executive. The board is chaired by A. Madhavarao.

DirectorPositionOn board sinceListed boards
A. Madhavarao Executive Director · CEO-MD · Chairperson 2023-07-19 1
D V Srinivas Rao Executive Director 2024-09-20 1
G. Gayatri Prasad Executive Director 2024-12-19 1
Sujay Kapoor Executive Director 2026-03-06 1
U Raja Babu Non-Executive - Nominee Director 2023-07-21 1
Meera Mohanty Non-Executive - Nominee Director 2025-07-14 3
Jashwant Lal Non-Executive - Independent Director 2023-02-24 1
Chetan Bansilal Kankaria Non-Executive - Independent Director 2025-04-22 1
Board Committees
CommitteeMembers
Audit Committee Chetan Bansilal Kankaria (Chairperson), Jashwant Lal, D V Srinivas Rao
Nomination and remuneration committee Chetan Bansilal Kankaria (Chairperson), Meera Mohanty, Jashwant Lal
Stakeholders Relationship Committee Jashwant Lal (Chairperson), Chetan Bansilal Kankaria (Chairperson), D V Srinivas Rao, G. Gayatri Prasad
Risk Management Committee D V Srinivas Rao (Chairperson), Jashwant Lal, G. Gayatri Prasad, Chetan Bansilal Kankaria
Corporate Social Responsibility Committee Jashwant Lal (Chairperson), Chetan Bansilal Kankaria (Chairperson), D V Srinivas Rao, G. Gayatri Prasad

Charges & Borrowings of Bharat Dynamics Limited

Open charges
₹615 Cr
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Others₹415.00 Cr
State Bank of India₹200.00 Cr
Latest charge details
DateLenderAmountStatus
03 Nov 2010 State Bank of India ₹200 Cr Open
31 Mar 2009 Others ₹415 Cr Open
07 Jul 1977 State Bank of India ₹10 Lakh Satisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Bharat Dynamics Limited

Bharat Dynamics Limited has a workforce of 2,487 employees as of Apr 09, 2024.

Employee count
2,487
Active EPFO establishments
1
Employee growth
-5.76%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Bharat Dynamics Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Bharat Dynamics Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Bharat Dynamics Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Bharat Dynamics Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Bharat Dynamics Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Bharat Dynamics Limited

MSME Payment Delays by Bharat Dynamics Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Bharat Dynamics Limited

Subsidiaries & Group Companies of Bharat Dynamics Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Bharat Dynamics Limited

MCA Filings & Documents of Bharat Dynamics Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Bharat Dynamics Limited

Directors
14 Jul 2025
Meera Mohanty was appointed as a Nominee Director on 14 Jul 2025 & has been associated with this company since 11 months 26 days.
Directors
22 Apr 2025
Chetan Bansilal Kankariya was appointed as a Director on 22 Apr 2025 & has been associated with this company since 1 year 2 months.
Activity
30 Sep 2024
Bharat Dynamics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Directors
20 Sep 2024
Venkata Srinivas Rao Devulapally was appointed as a Whole-time director on 20 Sep 2024 & has been associated with this company since 1 year 9 months.
Directors
12 Apr 2024
Gayatri Prasad Gattupalli was appointed as a Cfo on 12 Apr 2024 & has been associated with this company since 2 years 2 months.
Activity
31 Mar 2024
Bharat Dynamics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

Recent News on Bharat Dynamics Limited

Defence-tech start-up Tonbo bags ₹175 cr in Series D
03 Apr 2025 · Thehindubusinessline

Frequently Asked Questions about Bharat Dynamics Limited

Bharat Dynamics Limited is an active public limited union government company in the aerospace, maritime and defense sector based in Na, Telangana, India. It was incorporated on 16 July 1970 (56+ years old) and is registered under CIN L24292TG1970GOI001353. Listed on BSE: 541143 and NSE: BDL. The company has 2,487 employees.

Bharat Dynamics Limited reported revenue of ₹3,695.45 Cr for FY 2025 (up 35.00% YoY).

The current directors of Bharat Dynamics Limited are:

The primary industry of Bharat Dynamics Limited is aerospace, maritime and defense. The company specifically operates in defence tech and equipment. The company is currently active in this sector.

Yes. Bharat Dynamics Limited is listed on both BSE (code: 541143) and NSE (symbol: BDL).

Bharat Dynamics Limited can be reached at the registered office: Kanchanbagh Hyderabad, Na, Telangana, India – 500058, or through the website bdl-india.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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