BDL shares jump 7% after strong Q2 earnings, Rs 2,100 cr defence order win – News Air Insight

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Shares of Bharat Dynamics Ltd (BDL) surged 7.2% to hit an intraday high of Rs 1,628.60 on Friday, following the announcement of robust Q2FY26 earnings and a major defence order from the Government of India.

The state-owned defence manufacturer reported a 76.2% year-on-year (YoY) rise in Profit After Tax (PAT) to Rs 216 crore in the September quarter, compared to Rs 123 crore in Q2FY25. Revenue doubled to Rs 1,147 crore, marking a 110.6% growth YoY, while EBITDA jumped 90% to Rs 188 crore.

However, EBITDA margin contracted by 170 basis points to 16.4%.

In another major development, BDL also announced the receipt of a Rs 2,095.70 crore contract from the Ministry of Defence for the supply of Invar Anti-Tank Missiles to the Indian Army.

“Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, (as amended) we wish to inform that today BDL has signed a contract worth Rs 2,095.70 crore with Ministry of Defence for supply of Invar Anti-tank missiles for the Indian Army,” the company informed via an exchange filing.


The order is scheduled to be executed over a period of three years, as per the company’s exchange filing.

BDL share price performance

Over the past year, the shares of Bharat Dynamics have delivered an impressive 63.71% return, highlighting strong investor interest and robust performance. On a year-to-date (YTD) basis, it has climbed 42.93%, reinforcing its momentum in 2025.

Also read: Sagility surges nearly 6% after 2.2 crore shares change hands in block deal

While the stock has gained 2.75% over the last three months and 8.8% in the past month, it did witness some profit booking over the six-month period, with a decline of 8.19%. Despite the mid-term dip, the broader trend remains positive, underpinned by strong long-term gains.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



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