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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Bharat Dynamics
Bharat Dynamics (BDL) investor relations material
Bharat Dynamics Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary13 Nov, 2026
Executive summary
Q2 FY27 revenue from operations was ₹1,66,413.58 lakh and net profit was ₹18,348.31 lakh; H1 revenue was ₹2,23,637.61 lakh and net profit ₹30,227.42 lakh.
The Board approved the unaudited results on 12 Nov 2026; the limited review conclusion was unmodified, with an emphasis of matter on aged inventory.
Financial highlights
Q2 revenue from operations: ₹1,66,413.58 lakh vs ₹1,14,702.80 lakh YoY; total income: ₹1,83,120.55 lakh vs ₹1,26,759.81 lakh.
Q2 profit before tax: ₹24,615.57 lakh vs ₹28,761.45 lakh YoY; net profit: ₹18,348.31 lakh vs ₹21,588.37 lakh.
H1 revenue from operations: ₹2,23,637.61 lakh vs ₹1,39,495.70 lakh; H1 PBT: ₹41,178.62 lakh vs ₹31,074.76 lakh; net profit: ₹30,227.42 lakh vs ₹23,423.35 lakh.
Q2 total expenses were ₹1,58,504.98 lakh; H1 total expenses were ₹2,09,509.82 lakh.
Key financial ratios and metrics
EPS, basic and diluted, not annualised: Q2 ₹5.01 vs ₹5.89 YoY; H1 ₹8.25 vs ₹6.39.
H1 total comprehensive income was ₹30,058.95 lakh vs ₹23,207.30 lakh in H1 FY26.
Cash and cash equivalents were ₹94,729.04 lakh at 30 Sep 2026 vs ₹86,331.49 lakh at 31 Mar 2026.
Total assets were ₹16,55,770.32 lakh at 30 Sep 2026 vs ₹14,26,149.89 lakh at 31 Mar 2026; total equity was ₹4,52,689.63 lakh.
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Latest events from Bharat Dynamics
- Record sales and a large missile order book set up ambitious FY2011-12 growth.BDL
Q4 10/11 - A ~₹19,000 crore order book supports growth after FY12 profit surged on higher other income.BDLQ4 11/12
- Sales and PAT advanced, but working-capital demands drove operating cash flow negative.BDLQ4 12/13
- Record FY14 growth backed by missile orders, with execution and competition risks.BDLQ4 13/14
- Record sales, higher profits and a ₹16,357 crore order book underpin expansion plans.BDLQ4 14/15
- Record sales and a ₹13,721 crore order book fuel growth, amid demanding delivery commitments.BDLQ4 15/16
- Record sales and a ₹11,170 crore order book, despite lower FY17 profits.BDLQ4 16/17
- Record turnover and operating gains, offset by lower interest income and delivery risks.BDLQ4 17/18
- Lower FY19 sales, stronger operating margins and a ₹7,258 crore order book define the outlook.BDLQ4 18/19
Next Bharat Dynamics earnings date
Q3 26/2730 Jan, 2027
Bharat Dynamics
Next Bharat Dynamics earnings date
Q3 26/2730 Jan, 2027
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