Bharat Dynamics (BDL) Q2 26/27 earnings summary

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.