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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Bharat Dynamics Limited is an India-based company, which is engaged in the manufacturing of guided missile systems and allied equipment for the Indian Armed Forces. The Company is working in collaboration with the Defence Research and Development Organisation (DRDO) and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, slow-growing business, fully valued — but flagged on governance.
Bharat Dynamics is scored on the general / industrial framework. It keeps a healthy 14.7% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.44× reported profit. Free cash flow is worth about 2.4% of its market value.
Over the last 3 years revenue compounded at 3%/yr and profit at 6%/yr. Book value has grown 10%/yr. Return on equity is a modest 9.9%. In the latest quarter profit grew 5% versus the prior quarter.
At 92× earnings, the stock sits at the 61st percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price already implies ~27%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: 75% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 74.59 | 15.79 | worse |
| P/B | 9.16 | 6.56 | worse |
| EV/EBITDA | 43.81 | 33.11 | worse |
| ROE | 9.91 | 12.03 | worse |
| ROCE | 7.22 | 14.8 | worse |
| ROA | 3.65 | 7.69 | worse |
| Quick Ratio | 1.28 | 2.14 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| HAL | 35.7 | 8.1 | 22.2% |
| BEL | 45.1 | 11.0 | 24.4% |
| Solar Industries (india) | 72.0 | 21.9 | 29.5% |
Revenue is on a 2-year growth streak. 3% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Profit is growing faster than revenue (6% vs 3%) — margin expansion is at work.
Operating margin has expanded from 18% to 20% — the business is keeping more of each rupee earned.
ROE at 10% — modest; the capital isn't working hard.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (6% vs -16%) — share dilution is eroding per-share value. -16% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.4× PAT — earnings are well-backed by cash; strong accrual quality. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 13% sequentially — momentum is building. Wide quarterly swings (53% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 34% below earlier ones.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 74.9% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.