Bharat Dynamics shares rise 2% as defence firm bags ₹2,462 crore order from Indian Army; all you need to know

The state-owned firm secured additional orders worth ₹2,461.62 crore since the last disclosure on November 13, 2025. “Major orders received include ATGMs and SAM (Emergency Procurement),” Bharat Dynamics said in a regulatory filing.

The company added that the ATGM project will be executed over 42 months, while the SAM project will be completed within 12 months.

Bharat Dynamics share price

At 10:50 AM, shares of Bharat Dynamics were trading at ₹1,544.40 apiece on the National Stock Exchange, rising 0.92%.

Over the last five trading days, shares of the company have gained over 4.3%. For a six-month period, it has declined 22%. From the beginning of the year, BDL shares have zoomed more than 36%.

The defence company’s market capitalisation stands at ₹56,604.58 crore.

Shares of the firm had touched their one-year high of ₹2,096.60 apiece on May 30, 2025, while their 52-week low of ₹907 was hit on March 3, 2025.

Bharat Dynamics Q2 earnings

Bharat Dynamics reported a 76.19% year-on-year (YoY) surge in its net profit to ₹216 crore for the second quarter of the 2025-26 financial year (Q2FY26). In the corresponding period a year earlier, it had clocked a profit of ₹122.53 crore.

Sequentially, it marked a steep jump in profit, which was at ₹18 crore in the first quarter of the current FY26.

The defence PSU’s revenue from operations increased a little over two-fold annually to ₹1,147 crore during the quarter under review, compared to ₹545 crore in the September quarter of the 2024-25 fiscal year (Q2FY25). In the quarter-ago period, its revenue was at ₹247.93 crore.

Its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹188 crore in the second quarter of FY26, marking a 90% YoY growth from ₹99 crore in the year-ago period.

The PSU’s EBITDA margin contracted by approximately 10 basis points (bps) YoY to 16.35% during the reporting quarter, in contrast to 18.14% in Q2FY25.