Athira Sethu
Kochi, 17 August 2026
Bharat Dynamics witnessed good financial performance during the April-June quarter of FY27 as there has been a steep rise in its profits from the corresponding quarter of the last fiscal year. It made its announcements about financial performance on Friday, August 14.
As per the NSE filings, Bharat Dynamics earned a standalone net profit of ₹119 crore during the first quarter of FY27. It witnessed a steep jump of 547% in profits against the ₹18 crore profit during the corresponding quarter last fiscal year.
The defence equipment manufacturer has performed well even when compared with the previous quarter. Its net profit has grown by about 5% to ₹113 crore in the March quarter of FY26.
Revenue shoots up
There has been a sharp growth in revenues for Bharat Dynamics during the June quarter. Its revenue from its core business has risen 130% from last year to ₹572 crore. During the same quarter last year, it had earned revenues of ₹248 crore.
But the company’s total expenditure also grew during the quarter. The growth was 63% on year to ₹510 crore from ₹248 crore in the corresponding period last year.
Nevertheless, there was a significant improvement in the company’s operational results despite higher expenses. The company’s EBITDA, which stands for earnings before interest, tax, depreciation and amortisation, turned positive at ₹83 crore in the June quarter.
It is a significant improvement from negative EBITDA of ₹45 crore recorded in the same quarter a year ago.
There was also an improvement in the company’s EBITDA margin. The company’s EBITDA margin was 14.51% in the June quarter compared to a negative margin in the same period last year.
Performance of Bharat Dynamics shares
The shares of Bharat Dynamics have provided good returns to its investors in the long run. As per data available from NSE, the stock has returned over 630% in the last five years and 150% in the last three years.
Nevertheless, the stock has been under some pressure lately. Shares of Bharat Dynamics have dropped by about 11% in the previous one year period. Also, the stock has declined by about 5% this year 2026.
Despite that, the shares of the stock have appreciated recently. The shares have appreciated by about 10% in the previous one month period and advanced by 8.6% during the five days prior to August 14.
The shares of Bharat Dynamics touched a 52-week high of ₹1,654 on September 22, 2025 and its 52-week low was ₹1,086 on March 30, 2026.
At the time of the trading session on Friday, August 14, Bharat Dynamics had a market capitalization of about ₹51,084 crore.
