Investor Presentation

**Investor Presentation Summary for Bharat Dynamics Limited** **1. Financial Highlights:** For H1 FY25, Bharat Dynamics reported revenue from operations of ₹735.9 Cr, a significant drop from ₹913.5 Cr in H1 FY24. Profit After Tax stood at ₹129.7 Cr, down from ₹188.9 Cr in the previous year.

The company’s net worth decreased to ₹3732.1 Cr compared to ₹3733.4 Cr a year earlier.

EBITDA margin was noted at 24.3%, reflecting a decline from 30.1% in H1 FY24. **2. Strategic Initiatives and Growth Drivers:** The company is focusing on streamlining operations and enhancing productivity, aiming to secure new orders.

It holds a robust order book of ₹18852 Cr as of September 30, 2024, with an export order position of approximately ₹2445 Cr. **3. Business Developments:** Bharat Dynamics anticipates a new influx of orders, projected at ₹20000 Cr in the next 2-3 years, including several high-demand products like Akash, Astra, and NAG systems. **4. Market Position and Competitive Advantage:** The company maintains a stable market position in defense manufacturing with a diverse product portfolio, catering to domestic and international clients effectively. **5. Investor Implications:** Despite recent financial declines, the stable order book and potential growth in exports offer a positive outlook for future performance.

Investors should monitor upcoming developments closely, especially in securing new orders and leveraging export capabilities.