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Bharat Dynamics (BDL), is a Government of India Enterprise. It is engaged in the manufacturing of guided missiles and allied defence equipments.
Bharat Dynamics (BDL) announced Shri Shailesh Vagerwal's appointment as Chairman & Managing Director by the Ministry of Defence. His tenure runs until superannuation or further orders. He is yet to assume charge.
Bharat Dynamics (BDL) received fines of Rs 6,96,200 each from BSE & NSE for non-compliance regarding director appointments. BDL will seek a waiver, citing government appointment authority and no financial/operational impact. Non-compliance continues until government appoints independent directors.
Bharat Dynamics reports FY26 revenue of ₹2,441.79 Cr and profit of ₹420.34 Cr. Board proposed a final dividend of ₹0.40/share, totaling ₹4.90/share for the year. The Audit Committee remains unconstituted due to Independent Director vacancies; the matter is with the Government of India.
BDL initiated a new Naval Systems Manufacturing Facility in AP with a ~Rs 500 Cr investment. This strategic expansion aims to significantly boost indigenous production of advanced underwater weapon systems for the Indian Navy, strengthening national defence capabilities.
Bharat Dynamics (BDL) achieved a major milestone, successfully delivering India's first indigenous Production-Grade Wire Guided Heavy Weight Torpedo. This significantly enhances the Indian Navy's operational capabilities, marking a crucial step towards self-reliance in advanced naval weapon systems.