₹1260.9
+0.47% today
· 30d -2.78%
as of 2026-09-04
Price · Daily Candles
“BDL's Q4 Profit Tumbles 50% Amidst Defense Sector Headwinds; FIIs Pare Holdings”
Bharat Dynamics (BDL) Q4 2025 net profit plunged 50.44% YoY to ₹73 Cr, while revenue fell 31.91% YoY to ₹567 Cr. Despite the quarterly dip, annual revenue for FY25 grew 22.48% YoY to ₹3345 Cr, but net profit declined 10.29% to ₹550 Cr. FIIs slightly reduced their stake by 0.28% QoQ to 2.02% in Q4 2025.
BULL CASE
+BDL shows strong potential undervaluation with an intrinsic value of ₹2392.87, representing a margin of safety of 79.9% at the current price of ₹1330.1.
+Annual revenue witnessed a 22.48% YoY increase in FY25, reaching ₹3345 Cr.
+The company's profitability is high with a profit margin of 15.51% and scores 75 in profitability in our business score analysis.
+BDL has been recognized in multiple strategies, including 'Operating Margin Expansion (90d)' and 'Quality Earnings, Low Debt', entering on May 20, 2026.
BEAR CASE
−Net profit in Q4 2025 drastically declined by 50.44% YoY to ₹73 Cr, while revenue dropped 31.91% YoY to ₹567 Cr.
−The stock is down 26.02% over the last year and 13.45% in the last six months, trading 36.56% off its 52-week high of ₹2096.6.
−FII holdings saw a slight decrease of 0.28% QoQ, bringing their total stake to 2.02% as of March 31, 2026.
−BDL's TTM PE of 84.28 appears stretched, reflected in its 'Valuation' score of 20.
−Our ML predictions indicate weak growth signals for EBIT and FCF for the recent 2-year period, with ebit_1y_recent_2y rank at 0.349 and fcf_1y_recent_2y rank at 0.443.
⟳ What Changed
₹ Latest Earnings · Q ending 2025-12-31
REVENUE
₹567 Cr
-31.91% YoY
NET PROFIT
₹73 Cr
-50.44% YoY
OPM
18.55%
-4.5pp YoY
EPS
₹1.99
PE 84.28
Intrinsic value · DCF ₹2562.14 · Margin of safety +103.2% (undervalued) · FCF yield 0.13%
◇ Sector Position
BDL, with a TTM PE of 84.28, trades at a premium to peers like BEL (57.71 PE) and HAL (35.4 PE), despite BEL (35.97% ROCE) and HAL (19.67% ROCE) showing competitive returns on capital employed.
PEERPEROCE %
BDL84.28—
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ML Forward Growth Predictions 🔒
48
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
NEUTRAL
40
Valuation
STRETCHED
20
Growth
STEADY
54
Profitability
HIGH
75
Technicals
NEUTRAL
52
Risk
MODERATE
50
Key Stats
TTM PE
84.28
P/B
11.56
52W HIGH
₹1654.0
OFF HIGH
-23.77%
DIV YIELD
0.39%
MKT CAP
₹46213 Cr
◉ Active Signals
MACDBearish-12.9642
RSI(14)Neutral40.59
Street Consensus
12 analysts₹1520.17
mean target
Low ₹1120.0Now ₹1260.9High ₹1965.0
⧉ Strategy Fit 🔒