Bharat Dynamics Limited Q4 FY26 results deck summary

Results deck of 10 Jun 2026, summarised by AI from the filing.

Profit after tax ₹420.33 cr in FY26 (FY25: ₹549.64 cr, -23%)

Key takeaways

1. PAT Profit after tax ₹420.33 cr in FY26 (FY25: ₹549.64 cr, -23%)
2. Inventory Inventory rose to ₹4625.64 cr in FY26 (FY25: ₹2645.11 cr)
3. R&D R&D expenditure ₹198.23 cr in FY26, 8.1% of sales (FY25: 6.7%)

Original filing on BSE

Bharat Dynamics Limited Q1 FY27 results

As filed: Revenue ₹572 cr (+131% year on year), EBITDA ₹83.1 cr, PAT ₹119 cr (+300% year on year), EBITDA margin 14.5% (+1,000 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹480 cr (−73% year on year), EBITDA ₹55.3 cr (−82% year on year), PAT ₹113 cr (−48% year on year), EBITDA margin 11.5% (−532 bps). Score 16 of 100, Below trend. Revenue and EBITDA growth were well below the company's own trend; profit growth was below it. EBITDA margin fell 532 bps year on year. Other income 77% of PBT. Revenue fell 15% from last quarter. Share price after the results: +6.7% in 28 days (Nifty 500: +0.6%).
• Q3 FY26: Revenue ₹567 cr (−32% year on year), EBITDA ₹26.0 cr (−80% year on year), PAT ₹72.9 cr (−50% year on year), EBITDA margin 4.6% (−1,000 bps). Score 12 of 100, Below trend. Revenue, EBITDA and profit growth were well below the company's own trend. EBITDA margin fell 1000 bps year on year. Other income 94% of PBT. Revenue fell 51% from last quarter. Share price after the results: −8.4% in 30 days (Nifty 500: −1.1%).
• Q2 FY26: Revenue ₹1,147 cr (+110% year on year), EBITDA ₹187 cr (+89% year on year), PAT ₹216 cr (+76% year on year), EBITDA margin 16.3% (−186 bps). Score 78 of 100, Above trend. Revenue and EBITDA growth were well above the company's own trend; profit growth was above it. EBITDA margin fell 186 bps year on year. Other income 42% of PBT. Revenue grew on the previous quarter, against its usual seasonal pattern. Share price after the results: −7.1% in 29 days (Nifty 500: −0.4%).
• Q1 FY26: Revenue ₹248 cr (+30% year on year), EBITDA −₹45.0 cr, PAT ₹18.0 cr (+157% year on year), EBITDA margin -18.2% (+908 bps). Score 64 of 100, In line with trend. Revenue growth was in line with the company's own trend; profit growth was well above it. EBITDA margin rose 908 bps year on year. Other income 378% of PBT. Revenue fell 86% from last quarter. Share price after the results: −0.3% in 30 days (Nifty 500: +2.4%).
• Q4 FY25: Revenue ₹1,777 cr (+108% year on year), EBITDA ₹299 cr (−6% year on year), PAT ₹218 cr (−25% year on year), EBITDA margin 16.8% (−1,000 bps). Score 53 of 100, In line with trend. Revenue growth was well above the company's own trend; EBITDA and profit growth were below it. EBITDA margin fell 1000 bps year on year. Other income 26% of PBT. Tax rate 43%. Revenue grew on the previous quarter, against its usual seasonal pattern. Share price after the results: −6.8% in 30 days (Nifty 500: +3.1%).
• Q3 FY25: Revenue ₹832 cr (+38% year on year), EBITDA ₹128 cr (+8% year on year), PAT ₹147 cr (+9% year on year), EBITDA margin 15.4% (−422 bps). Score 53 of 100, In line with trend. Revenue growth was well above the company's own trend; profit growth was in line with it. EBITDA margin fell 422 bps year on year. Other income 44% of PBT.
• Q2 FY25: Revenue ₹545 cr (−12% year on year), EBITDA ₹99.0 cr (−26% year on year), PAT ₹123 cr (−16% year on year), EBITDA margin 18.2% (−359 bps). Score 4 of 100, Below trend. EBITDA margin fell 359 bps year on year. Other income 52% of PBT. Not enough history for a trend yet: scored on growth alone.

Past price moves after results do not indicate future moves. Not a recommendation.

Bharat Dynamics Limited earnings call, investor presentation and press release summaries

• Q4 FY26: Results deck (10 Jun 2026)