BDL Share Price Target 2025, 2026, 2030, 2040, 2050
Bharat Dynamics Ltd. (BDL) is a government-owned Indian company that makes defense equipment, including guided missiles. Established on July 16, 1970, in Hyderabad, The company produces surface-to-air missiles and heavyweight torpedoes. It also provides support for older missiles used by the Indian Armed Forces. BDL serves domestic and global markets, supplying advanced weapon systems like the Akash and anti-tank-guided missiles.
This blog will provide the details of BDL Share Price targets as far as 25 years from now (2025 – 2050) based on its fundamentals, market position, and growth potential.
What is Bharat Dynamics Ltd NSE: BDL?
Bharat Dynamics Ltd manufactures high-quality defense products, including missiles and air defense systems. The Indian government supports BDL to bolster the country’s defense sector and reduce reliance on foreign imports. The company operates three manufacturing units in Hyderabad, Bhanur, and Visakhapatnam. It plans to expand to locations like Jhansi and Amravati. The company is also investing in research and development, partnering with DRDO, and entering new areas like guided bombs, drones, and warheads to strengthen India’s defense capabilities.
Fundamental Data
Parameter | Value |
---|---|
Market Cap | ₹40,930 Cr. |
52-Week High/Low | ₹1,795 / ₹776 |
Stock P/E | 72.4 |
Book Value | ₹102 |
Dividend Yield | 0.47% |
ROCE | 24.2% |
ROE | 17.9% |
Face Value | ₹5.00 |
Industry P/E | 72.4 |
Net Cash Flow (PY) | ₹788 Cr. |
EPS | ₹15.4 |
Promoter Holding | 74.9% |
PEG Ratio | 9.37 |
Net Profit | ₹566 Cr. |
Debt | ₹2.95 Cr. |
Last Year Dividend | ₹193 Cr. |
Current Liabilities | ₹3,050 Cr. |
Current Assets | ₹9,295 Cr. |
ROE (5Yr Variation) | -2.20% |
Debt to Equity | 0.00 |
PBT Annualized | ₹828 Cr. |
Graham Number | ₹188 |
Price to Book Value | 11.0 |
Peer Comparisons
S.No. | Name | P/E | Market Cap (₹ Cr.) | Div. Yield (%) | NP Qtr (₹ Cr.) | Qtr Profit Var (%) | Sales Qtr (₹ Cr.) | Qtr Sales Var (%) | ROCE (%) |
---|---|---|---|---|---|---|---|---|---|
1 | Hindustan Aeronautics Ltd | 26.76 | 2,31,386.12 | 1.01 | 1,432.60 | 14.29 | 6,956.93 | 14.78 | 38.88 |
2 | Bharat Dynamics Ltd (BDL) | 72.36 | 40,930.37 | 0.47 | 147.13 | 8.96 | 832.14 | 38.32 | 24.23 |
3 | BEML Ltd | 38.78 | 10,151.06 | 0.84 | 24.41 | -49.36 | 875.77 | -16.35 | 15.25 |
4 | Azad Engineering | 108.77 | 8,337.18 | 0.00 | 23.72 | 41.11 | 120.48 | 35.02 | 19.89 |
5 | Unimech Aerospace | 80.55 | 4,675.78 | 0.00 | 15.57 | -23.60 | 53.90 | -16.72 | 75.43 |
6 | MTAR Technologies | 88.98 | 3,979.37 | 0.00 | 16.33 | 54.64 | 174.45 | 47.56 | 11.38 |
7 | Paras Defence | 73.90 | 3,714.07 | 0.00 | 13.85 | 136.35 | 85.77 | 33.64 | 10.32 |
Period | Share Price (INR) |
---|---|
Before 1 Year | ₹863 |
Before 6 Months | ₹1241 |
Before 5 Years | ₹102.38 |
All-Time Max | ₹1795 |
Bharat Dynamics Ltd makes missiles, torpedoes, and defense equipment for India’s military. The company is almost debt-free and has strong government support. With growing defense needs, orders may rise. The price may fluctuate tomorrow, but the long-term growth potential remains strong with new defense deals and projects coming.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
Tomorrow | -56 from today’s price | +88 from today’s price |
BDL Indicator Based Technical Analysis
NOTE!
Signals may differ across timeframes. If you’re planning to purchase BDL and keep it for more than one week, it’s suggested that you choose signals from weekly and daily timeframes. For trading in the short term, signals that range from 5 minutes to 1-hour timeframes are better appropriate.
Bharat Dynamics Ltd is set for strong growth in 2025. The company manufactures anti-tank guided missiles, air missiles, countermeasure systems, and strategic weapons. With the Indian government supporting the defense sector, BDL is getting large orders. Increasing domestic and export demand will drive significant business expansion.
Our analysis shows that the share price is expected to be between Rs 750 and Rs 1650.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2025 | 750 | 1650 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 1120 | 1380 |
February | 990 | 1395 |
March | 880 | 1330 |
April | 850 | 1410 |
May | 790 | 1365 |
June | 750 | 1345 |
July | 780 | 1415 |
August | 890 | 1450 |
September | 1010 | 1515 |
October | 1125 | 1540 |
November | 1190 | 1600 |
December | 1280 | 1650 |
The company is expanding its manufacturing with new Hyderabad, Amravati, and Jhansi plants. This will increase the production of new-generation missiles, VSHORADs, and rockets. The company collaborates with DRDO and foreign OEMs on advanced technology. With a strong order pipeline, the business will continue to grow quickly.
Our analysis shows that the share price is expected to be between Rs 1050 and Rs 1975.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2026 | 1050 | 1975 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 1450 | 1700 |
February | 1250 | 1725 |
March | 1150 | 1650 |
April | 1100 | 1750 |
May | 1080 | 1700 |
June | 1050 | 1675 |
July | 1125 | 1755 |
August | 1275 | 1800 |
September | 1380 | 1875 |
October | 1500 | 1900 |
November | 1625 | 1940 |
December | 1725 | 1975 |
By 2030, The company will be a key player in India’s defense exports. The company is developing warheads, drone-delivered payloads, and cruise missile engines. The government’s “Make in India” push will reduce imports and boost the company’s revenues. New contracts and investments in R&D will further strengthen its position.
Our analysis shows that the share price is expected to be between Rs 4150 and Rs 5400.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2030 | 4150 | 5400 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 4350 | 4850 |
February | 4200 | 4900 |
March | 4175 | 4750 |
April | 4150 | 4950 |
May | 4250 | 5000 |
June | 4300 | 5050 |
July | 4375 | 5100 |
August | 4500 | 5200 |
September | 4625 | 5275 |
October | 4750 | 5325 |
November | 4900 | 5375 |
December | 5100 | 5400 |
Over the long term, the company will expand into electronic warfare systems and space applications. Its Joint Venture with Bharat Electronics Ltd and HAL will help develop advanced defense technology. Export orders will increase, and the Indian military will rely more on BDL products. The company will see steady growth driven by innovation and new partnerships.
Our analysis shows that the share price is expected to be between Rs 7565 and Rs 9345.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2040 | 7565 | 9345 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 7800 | 8450 |
February | 7650 | 8500 |
March | 7600 | 8300 |
April | 7565 | 8550 |
May | 7700 | 8700 |
June | 7825 | 8800 |
July | 7950 | 8900 |
August | 8125 | 9050 |
September | 8250 | 9150 |
October | 8425 | 9250 |
November | 8600 | 9300 |
December | 8800 | 9345 |
By 2050, The company will be among the top global defense companies. The company will manufacture hypersonic missiles, AI-powered defense systems, and next-gen torpedoes. India’s goal to be self-reliant in defense will further boost growth. BDL’s continuous innovation and government support will ensure long-term success in the sector.
Our analysis shows that the share price is expected to be between Rs 14500 and Rs 17500.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2050 | 14500 | 17500 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 14800 | 15750 |
February | 14600 | 16000 |
March | 14500 | 15500 |
April | 14750 | 16200 |
May | 15000 | 16500 |
June | 15250 | 16750 |
July | 15500 | 17000 |
August | 15800 | 17200 |
September | 16050 | 17350 |
October | 16300 | 17450 |
November | 16700 | 17500 |
December | 17000 | 17500 |
Year | Minimum Price (Rs.) | Maximum Price (Rs.) |
---|---|---|
2025 | 750 | 1650 |
2026 | 1050 | 1975 |
2030 | 4150 | 5400 |
2040 | 7565 | 9345 |
2050 | 14500 | 17500 |
Category | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
---|---|---|---|---|
Promoters | 74.93% | 74.93% | 74.93% | 74.93% |
FIIs | 3.09% | 2.94% | 3.06% | 2.95% |
DIIs | 8.70% | 8.46% | 9.52% | 12.39% |
Government | 0.00% | 0.00% | 0.00% | 0.00% |
Public | 13.26% | 13.67% | 12.49% | 9.72% |
Unimech Aerospace Share Price Target 2025, 2026, 2030, 2040, 2050
Should I Buy BDL Stock?
Bharat Dynamics stock looks stable, as promoters hold 74.93%, which is a good sign. FII and DII holdings have slightly decreased, but public holdings are increasing. If you’re thinking long-term, you can research and invest, but for the short term, be cautious before deciding.
BDL Ltd Earning Results (Financials)
Year | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
---|---|---|---|---|---|
Sales (₹ Cr) | 2,422 | 2,369 | 2,489 | 2,817 | 1,914 |
Expenses (₹ Cr) | 1,932 | 1,832 | 2,080 | 2,090 | 1,568 |
Operating Profit (₹ Cr) | 490 | 537 | 409 | 727 | 346 |
OPM % | 20% | 23% | 16% | 26% | 18% |
Other Income (₹ Cr) | 339 | 362 | 155 | 78 | 95 |
Interest (₹ Cr) | 3 | 4 | 6 | 5 | 5 |
Depreciation (₹ Cr) | 67 | 67 | 77 | 90 | 95 |
Profit Before Tax (₹ Cr) | 758 | 828 | 482 | 710 | 341 |
Tax % | – | 26% | 27% | 30% | 24% |
Net Profit (₹ Cr) | 566 | 613 | 352 | 500 | 258 |
EPS (₹) | 15.43 | 16.71 | 9.61 | 13.64 | 7.03 |
Dividend Payout % | – | 32% | 49% | 30% | 52% |
Expert Forecasts On The Future Of BDL Ltd.
The company’s sales and profit are stable, and margins are improving. Operating profit jumped, and EPS is rising, showing strong growth. Experts say defense demand will boost future earnings. The stock looks solid for long-term investment, but watch government orders and competition. It is good for patient investors wanting steady returns.
Is BDL Stock Good to Buy? (Bull case & Bear case)

Bullish Case:
- Strong defense sector growth
- Consistent sales & profit rise
- High government orders & contracts
- Healthy margins & improving EPS
Bearish Case:
- Dependency on government contracts
- Competition from private defense players
- Order delays can impact revenue
- Stock volatility in the defense sector
Conclusion
Bharat Dynamics Ltd makes missiles, torpedoes, and defense equipment. In the short term, firm government orders will boost sales. Long-term growth looks solid as India strengthens defense manufacturing. Exports, new tech, and Make in India will drive business. If orders stay steady, BDL stock can grow well ahead. If you’re considering an investment, you should read the full article for details about the company’s performance and future stock projections.