Bharat Dynamics Limited
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BDL Announces Trading Window Closure from Oct 1, 2026, for Q2 FY27 Results
Bharat Dynamics Limited (BDL) will close its trading window from October 1, 2026. The window will reopen 48 hours after the declaration of unaudited financial results for the quarter ended September 30, 2026. This is in compliance with SEBI (Prohibition of Insider Trading) Regulations.
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BDL's 56th AGM: Dividend Hike, ₹26,176 Cr Order Book, and New Directors Appointed
BDL's 56th AGM on Sep 28, 2026, approved a total dividend of ₹4.90 per share for FY26. The company reported FY26 revenue of ₹2,441.79 Cr and PAT of ₹420.34 Cr. The order book stands at ₹26,176 Cr. New directors appointed include Cmde. Sujay Kapoor and Shri Shailesh Vagerwal.
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BDL Secures ₹810.79 Crore Contract for SAT-SAAW from Indian Air Force
Bharat Dynamics Limited (BDL) signed a ₹810.79 crore contract with the Ministry of Defence for SAT-SAAW supply to the Indian Air Force. Deliveries are scheduled between 2027-28 and 2028-29. The weapon system has 60% indigenous content.
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BDL Appoints Shri Prakash Rajpurohit as Part-Time Official Director
Bharat Dynamics Limited (BDL) announced the appointment of Shri Prakash Rajpurohit as Part-Time Official Director on its Board, effective September 17, 2026. He replaces Ms. Meera Mohanty. Shri Rajpurohit is an IAS officer and holds a B.Tech from IIT Delhi.
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BDL Appoints M/s UMAMAHESWARA RAO & CO as Statutory Auditor for FY 2026-27
Bharat Dynamics Limited has appointed M/s UMAMAHESWARA RAO & CO as its Statutory Auditor for the Financial Year 2026-27. The appointment was made by the Comptroller & Auditor General of India and received by the company on September 8, 2026. The firm has over 65 years of experience.
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BDL announces 56th AGM on Sep 28, book closure for ₹0.40 dividend
Bharat Dynamics Limited (BDL) will hold its 56th AGM on September 28, 2026. The company announced book closure from September 22-28, 2026, for the payment of a final dividend of ₹0.40 per share for FY25-26. Remote e-voting is open from September 24-27, 2026.
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Bharat Dynamics Limited Releases Business Responsibility and Sustainability Report for FY 2025-26
Bharat Dynamics Limited has released its Business Responsibility and Sustainability Report for FY 2025-26. The report details the company's ESG performance, including waste management, emission reduction, and employee welfare. BDL is committed to achieving Net-Zero Carbon Emissions by 2035.
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BDL Announces 56th AGM on Sep 28, 2026; Record Date Sep 21 for Dividend
Bharat Dynamics Limited (BDL) will hold its 56th AGM on September 28, 2026. The record date for dividend eligibility is September 21, 2026. The register of members will be closed from September 22 to September 28, 2026.
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Bharat Dynamics Limited: Two Senior Management Officials Retire
Bharat Dynamics Limited announced the retirement of two senior management officials: Shri L. Kishan, Executive Director (Unit head Bhanur), and Smt. Yalamanchili Ushasri, General Manager (SAM). Both retired on August 31, 2026, upon reaching the age of superannuation.
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BDL Fined ₹26 Lakh by BSE & NSE for Compliance Lapses
Bharat Dynamics Limited (BDL) has been fined ₹13,03,900 each by BSE and NSE for non-compliance with SEBI LODR regulations for the quarter ended June 30, 2026. The company will seek a waiver, citing the President of India's authority for director appointments. The fines are not expected to impact operations.
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Bharat Dynamics Limited Announces Changes in Senior Management
Bharat Dynamics Limited announced promotions in its Senior Management Personnel. Sreedevi V, T Sreenivasa Rao, Anitha GM, K Arun Kumar, and Tatina Narasimham have been appointed as General Managers, taking on new roles after departmental promotions.
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BDL Appoints Ankush Munjal, Vandana Agarwal, Pankaj Joshi as Independent Directors
Bharat Dynamics Limited appointed Shri. Ankush Munjal, Smt. Vandana Agarwal, and Shri. Pankaj Joshi as Independent Directors. Their appointments are effective August 17, 2026, for a three-year term. Munjal brings over 25 years of finance and legal experience, Agarwal over 22 years in accounting and tax, and Joshi 20 years in audit.
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BDL Q1 FY27 Revenue at ₹57,224 Crore, Profit at ₹11,879 Crore
Bharat Dynamics Limited reported unaudited results for Q1 FY27. Total revenue from operations reached ₹57,224.03 crore, with a profit of ₹11,879.11 crore. EPS stood at ₹3.24. The company recommended a final dividend of ₹0.40 per share and an interim dividend of ₹4.50 per share.
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BDL Publishes Newspaper Notice for IEPF Share Transfer
Bharat Dynamics Limited (BDL) has published a notice in Financial Express, Daily Hindi Milap, and Namasthe Telangana regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Account. This is in compliance with the Companies Act, 2013, and IEPF Rules.
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BDL Submits Share Capital Audit Report for Q1 FY27
Bharat Dynamics Limited has submitted its Reconciliation of Share Capital Audit Report for the quarter ending June 30, 2026, in compliance with SEBI regulations. The report pertains to the company's share capital.
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Shri Shailesh Vagerwal Assumes Charge as CMD of Bharat Dynamics Limited
Shri Shailesh Vagerwal has assumed charge as Chairman and Managing Director (CMD) of Bharat Dynamics Limited (BDL) effective July 09, 2026. He brings nearly three decades of experience in the defence manufacturing sector.
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BDL Announces Trading Window Closure from July 1st for Q1 FY27 Financials
Bharat Dynamics Limited (BDL) will close its trading window from July 1st, 2026. The window will reopen 48 hours after the declaration of unaudited financial results for the quarter ended June 30th, 2026, as per SEBI regulations.
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BDL Secures ₹1,347 Crore Orders from HAL for Helina Launchers & CMDS LRUs
Bharat Dynamics Limited (BDL) has received orders worth ₹1,347.71 crore gross from Hindustan Aeronautics Limited (HAL). The orders include ₹1,109.37 crore for Helina Launchers & LRUs and ₹238.34 crore for CMDS LRUs. Execution is expected within 24-60 months.
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BDL Appoints Shri Shailesh Vagerwal as Chairman & Managing Director
Bharat Dynamics Limited (BDL) announced the appointment of Shri Shailesh Vagerwal as its new Chairman & Managing Director (CMD). The appointment is effective from his assumption of charge and will continue until March 31, 2031, or further orders. The company received the official notification on June 19, 2026.
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BDL Releases Investor Presentation for June 2026
Bharat Dynamics Limited released its investor presentation for June 2026. The company's order book reached ₹26,176 Crore by March 31, 2026, with ₹5,909 Crore in new orders for FY 2025-26. Revenue from operations for FY 2025-26 was ₹2,442 Crore, and EPS was ₹11.47.
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Bharat Dynamics Ltd: Executive Director Cmde. Girish Pradhan Retires
Cmde. Girish Raghunath Pradhan (Retd.), Executive Director at Bharat Dynamics Limited, has retired on May 31, 2026, upon attaining the age of superannuation. This change in senior management is reported as per SEBI regulations.
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BDL Fined ₹13.92 Lakh by BSE & NSE for Compliance Lapses
Bharat Dynamics Limited (BDL) received fines totaling ₹13.92 lakh (₹6,96,200 each) from BSE and NSE for non-compliance with SEBI LODR regulations for the quarter ended March 31, 2026. BDL will seek a waiver for these fines, attributing the non-compliance to the government's role in director appointments. The fines are not expected to impact the company's operations.
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BDL Approves FY26 Audited Results; Recommends Final Dividend of ₹0.40/Share
Bharat Dynamics Limited approved audited financial results for FY26. The company reported a profit after tax of ₹11,318.21 crore for Q4FY26 and ₹27,277.19 crore for FY26. The Board recommended a final dividend of ₹0.40 per share for FY26, subject to shareholder approval at the AGM.
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BDL Board Approves FY26 Audited Results and Recommends Final Dividend
Bharat Dynamics Limited (BDL) announced audited financial results for FY26. The company reported total income of ₹48,020.44 crore for Q4FY26 and ₹2,44,179.18 crore for FY26. Profit after tax was ₹11,318.21 crore for the quarter and ₹42,033.76 crore for the year. A final dividend of ₹0.40 per share was recommended.
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BDL lays foundation for ₹500 Crore Naval Systems Facility in Andhra Pradesh
Bharat Dynamics Limited (BDL) has commenced construction of a new ₹500 crore Naval Systems Manufacturing Facility in T. Sirasapalli, Andhra Pradesh. The facility, expected to be completed in four years, aims to enhance indigenous defence manufacturing and will create 3000 jobs.
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Bharat Dynamics CMD Cmde. A. Madhavarao (Retd.) Superannuates; Shri D. V. Srinivas Rao Appointed Additional Charge
Cmde. A. Madhavarao (Retd.), CMD of Bharat Dynamics Limited, superannuated on April 30, 2026. Shri D. V. Srinivas Rao, Director (Technical), has been assigned the additional charge of CMD for three months from May 1, 2026, to July 31, 2026.
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BDL Delivers India's First Indigenous Wire Guided Heavy Weight Torpedo
Bharat Dynamics Limited has successfully productionized and delivered India's first indigenous Wire Guided Heavy Weight Torpedo (WGHWT) to NSTL on April 23, 2026. This advanced naval weapon system enhances the Indian Navy's capabilities and supports the Aatmanirbhar Bharat initiative.
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Bharat Dynamics: Independent Director Shri Chetan Bansilal Kankariya Cessation Effective April 22, 2026
Shri Chetan Bansilal Kankariya has ceased his tenure as an Independent Director at Bharat Dynamics Limited. The cessation is effective April 22, 2026. This announcement was made on April 23, 2026.
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Bharat Dynamics Limited: Independent Director Shri Chetan Bansilal Kankariya's Tenure Ends
Shri Chetan Bansilal Kankariya has ceased to hold office as Part-time Non-Official Independent Director of Bharat Dynamics Limited. His tenure concluded on February 22, 2026, upon completion of his term as per the appointment order dated April 22, 2025.
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BDL Submits SEBI Regulation 74(5) Certificate for Q4 FY26
Bharat Dynamics Limited submitted its certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. This confirms the processing of dematerialized securities and updates to the register of owners, as certified by the Registrar and Share Transfer Agent, Alankit Assignments Ltd.
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Bharat Dynamics Limited: GM (HR) Shri N. Satyanarayana Retires on March 31, 2026
Shri N. Satyanarayana, General Manager (HR) of Bharat Dynamics Limited, retired on March 31, 2026. The retirement was due to attaining the age of superannuation.
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BDL Closes Trading Window from April 1, 2026, for FY26 Audited Financials
Bharat Dynamics Limited will close its trading window from April 1, 2026. This closure applies to insiders and designated persons and will last until 48 hours after the declaration of audited financial statements for the year ended March 31, 2026, in compliance with SEBI regulations.
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BDL Completes First-Off Production Model of Advanced Akash Weapon System
Bharat Dynamics Limited has completed the First-Off Production Model (FOPM) of the Advanced Akash Weapon System with upgraded sub-systems. This enhancement aims to boost the performance and combat capability of the Indian Armed Forces. Deliveries of the advanced weapon system are expected to commence shortly.
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BDL Expands Manufacturing with New Facilities in Telangana and UP
Bharat Dynamics Limited is establishing two new manufacturing facilities in Ibrahimpatnam, Telangana, and Jhansi, Uttar Pradesh. Production is slated to begin in FY2026-27. These facilities will support an order book of ₹26,000 crore and anticipated new orders of ₹15,000 crore.
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Cmde. Sujay Kapoor (Retd) assumes charge as Director (Production) at BDL.
Cmde. Sujay Kapoor (Retd.) assumed charge as Director (Production) at Bharat Dynamics Limited (BDL) on March 6, 2026. He brings over 30 years of experience from the Indian Navy, with expertise in armament production and indigenisation.
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BDL fined ₹5.4 Lakhs by NSE/BSE for Board Composition Non-compliance
Bharat Dynamics Limited (BDL) received fines of ₹5.42 Lakhs each from NSE and BSE for non-compliance with SEBI LODR Regulation 17(1) concerning board composition for the quarter ended December 31, 2025. BDL will seek a waiver, citing the government's authority in director appointments, and states the fine has no financial impact.
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Bharat Dynamics Ltd: Independent Director Shri Jashwant Lal Completes Tenure
Shri Jashwant Lal has ceased to hold office as Part-time Non-Official Independent Director of Bharat Dynamics Limited. His tenure concluded on February 24, 2026, upon completion as per his appointment order.
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BDL Appoints Shri D. V. Srinivas Rao as Director (Production) on Additional Charge
Bharat Dynamics Limited (BDL) announced that Shri D. V. Srinivas Rao, Director (Technical), has been given the additional charge of Director (Production). This appointment is effective from January 1, 2026, and will last until a regular incumbent joins or for three months, whichever is sooner.
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BDL Appoints Cmde. Sujay Kapoor as Director (Production) for 5 Years
Bharat Dynamics Limited (BDL) announced the appointment of Cmde. Sujay Kapoor (Indian Navy) as Director (Production). He will serve for a period of five years from his assumption of charge. The approval was received from the Ministry of Defence on February 5, 2026.
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BDL Declares Interim Dividend of ₹4.5/share; Q3FY26 Unaudited Results Approved
Bharat Dynamics Limited's Board approved Q3FY26 unaudited results and declared an interim dividend of ₹4.5 per share. The record date for the dividend is set for 9 February 2026. For the nine months ended Dec 2025, revenue was ₹1,14,702.80 lakh and PAT was ₹21,588.37 lakh.
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BDL Declares Interim Dividend of ₹4.5/share; Q3FY26 Standalone Revenue at ₹54,856 Crore
Bharat Dynamics Limited declared an interim dividend of ₹4.5 per share for FY25-26, with February 9, 2026, as the record date. For Q3FY26, standalone revenue was ₹566.63 crore and profit after tax was ₹72.92 crore. For the nine months ended Dec 31, 2025, revenue was ₹1,147.03 crore and profit after tax was ₹215.88 crore.
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BDL Declares ₹4.5 Interim Dividend, Approves Q3 FY26 Unaudited Results
Bharat Dynamics Limited declared an interim dividend of ₹4.5 per share for FY 2025-26, with February 9, 2026, set as the record date. The company also approved its un-audited financial results for Q3 FY26, reporting a profit after tax of ₹72.92 crore for the quarter.
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Bharat Dynamics Limited Share Capital Audit Report for Quarter Ended December 31, 2025
Bharat Dynamics Limited submitted a Share Capital Audit Report for the quarter ended December 31, 2025, in compliance with SEBI regulations. The company's issued and listed capital is 36,65,62,500 equity shares. Of these, 2,27,38,737 shares are held in dematerialized form in CDSL and 34,38,23,763 in NSDL.
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BDL Publishes Notice for Transfer of Equity Shares to IEPF Account
Bharat Dynamics Limited published a notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Account. The publication was made on January 21, 2026, in Financial Express, Daily Hindi Milap, and Swatantra Vaartha, as per regulatory requirements.
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BDL Submits SEBI Compliance Certificate for Q3 FY26
Bharat Dynamics Limited (BDL) has submitted its quarterly compliance certificate for the period ending December 31, 2025, as per SEBI regulations. The company confirmed the proper processing of dematerialized securities.
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BDL Announces Trading Window Closure from Jan 1, 2026, for Q3 FY26 Results
Bharat Dynamics Limited (BDL) will close its trading window from January 1, 2026. The window will reopen 48 hours after the declaration of unaudited financial results for the quarter and nine months ending December 31, 2025. This is in compliance with SEBI regulations.
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BDL Announces Senior Management Changes Effective January 1, 2025
BDL announces senior management changes effective 1 January 2025, including promotions to General Manager and the retirement of Shri H Shankara Narayana on 30 November 2025.
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BDL Receives Orders Worth ₹2461.62 Crore for ATGMs and SAMs
BDL received additional orders worth ₹2461.62 Crore for supply of ATGMs and SAMs to the Indian Army. The ATGMs are to be executed in 42 months and SAMs in 12 months.
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BDL faces fines from BSE & NSE for non-compliance with SEBI LODR
BSE & NSE fined BDL ₹5,42,800 each for non-compliance with SEBI LODR for the quarter ended 30 September 2025. BDL will seek a waiver.
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BDL receives ₹2,095.70 crore order for Invar Anti-tank missiles
BDL secured a ₹2,095.70 crore contract from the Ministry of Defence for supplying Invar Anti-tank missiles to the Indian Army, to be executed in 3 years.
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