Bharat Dynamics Ltd

Bharat Dynamics Limited announced it has secured a contract from the Ministry of Defence for Rs 810.79 crore to supply Satellite Smart Anti Airfield Weapons (SAT-SAAW) and associated equipment to the Indian Air Force, under the Buy (Indian - Indigenously Designed, Developed and Manufactured) category. The SAT-SAAW, an air-to-ground precision guided glide bomb designed by DRDO with 60% indigenous content, will be delivered between 2027-2028 and 2028-2029, and the contract was signed on September 23, 2026, in the presence of Defence Secretary Rajesh Kumar Singh.

Bharat Dynamics Limited announced the appointment of Shri Prakash Rajpurohit, Joint Secretary (DIP) (DIN – 06895578), as a Part-Time Official Director (Government Director) on its board, replacing Ms. Meera Mohanty, Joint Secretary (P&C) (DIN – 3379561), effective September 17, 2026, as per an order from the Ministry of Defence dated September 17, 2026.

Bharat Dynamics Limited announced that the Comptroller & Auditor General of India has appointed M/s UMAMAHESWARA RAO &CO Chartered Accountants, Hyderabad as the company’s statutory auditor for the financial year 2026-27, according to a filing with the National Stock Exchange of India and BSE Limited on September 8, 2026.

Bharat Dynamics Limited will hold its 56th Annual General Meeting on September 28, 2026, at 3:00 PM through video conferencing and other audio visual means, according to a filing with the National Stock Exchange of India Ltd and BSE Limited. The company has set September 21, 2026, as the record date for determining members eligible to receive a final dividend, with payment expected within 30 days of declaration at the meeting.

Bharat Dynamics Limited, a government of India enterprise under the Ministry of Defence, announced that L. Kishan, Executive Director (Unit head Bhanur), and Yalamanchili Ushasri, General Manager (SAM), retired on August 31, 2026, upon reaching the age of superannuation, according to a regulatory filing with the National Stock Exchange of India and BSE Limited.

Bharat Dynamics Limited, a government of India enterprise under the Ministry of Defence, announced changes in its senior management personnel effective August 21, 2026, including the appointments of Sreedevi V, T Sreenivasa Rao, Anitha, K Arun Kumar, and Tatina Narasimham as Additional General Managers, according to a regulatory filing.

Bharat Dynamics Limited will hold a board meeting on August 14, 2026, to consider and approve unaudited financial results for the quarter ended June 30, 2026, according to a filing with the National Stock Exchange of India Ltd and BSE Limited. The trading window for dealing in securities of Bharat Dynamics Limited will be closed from July 1, 2026, until 48 hours after the declaration of the unaudited financial results.

Bharat Dynamics has received following orders worth about Rs 1347.71 crore (gross) from Hindustan Aeronautics (HAL) - a) Helina Launchers & LRUs of Rs 1109.37 crore (gross) b) CMDS LRUs of Rs. 238.34 crore (gross).

The orders comprise Helina launchers and line replaceable units (LRUs) valued at Rs 1,109.37 crore, along with CMDS LRUs worth Rs 238.34 crore. The company stated that it is unable to disclose further details of the contracts due to confidentiality requirements linked to national security considerations. The orders are scheduled to be executed over a period ranging from 24 to 60 months. Bharat Dynamics clarified that the contracts do not fall under related-party transactions and that neither its promoters nor promoter group entities have any interest in the awards. Bharat Dynamics is engaged in the manufacturing of missiles and allied defense equipment. The company provides the majority of its goods and services to the Indian Armed Forces and the Government of India. On the financial front, the company's standalone net profit declined 58.51% to Rs 113.18 crore in Q4 FY26, compared with Rs 272.77 crore reported in Q4 FY25. Sales fell 72.86% year-on-year to Rs 488.62 crore from Rs 1,800.55 crore in the corresponding quarter of the previous fiscal. The counter slipped 0.53% to Rs 1,382.60 on BSE. Hindustan Aeronautics, a defence public sector undertaking (DPSU), undertakes the design, development, manufacturing, maintenance, repair, overhaul, and servicing of aircraft, helicopters, engines and other related systems like avionics, instruments, and accessories. Its primary consumers are the Indian defence forces comprising the Indian Air Force, Indian Army, Indian Navy and the Indian Coast Guard. The Government of India (GoI) is HAL's largest shareholder, with a stake of 71.64% as of 31 March 2025. The company reported a 5.51% year-on-year increase in consolidated net profit to Rs 4,196.08 crore in Q4 FY26, compared with Rs 3,976.66 crore posted in the corresponding quarter last year. Revenue from operations rose 1.77% YoY to Rs 13,942.40 crore in the quarter ended 31 March 2026. The counter fell 2.63% to Rs 4,381.35 on the BSE. Powered by Capital Market - Live

Bharat Dynamics announced that Ministry of Defence, Department of Defence Production, Government of India vide its Office Memorandum No. DDP-M0001(24)/1/2026-D(BDL) dated 18 June 2026, has conveyed the approval of the competent authority for the appointment of Shailesh Vagerwal as Chairman & Managing Director (CMD) of BDL w.e.f the date of assumption of charge of the post till the date of his superannuation i.e 31 March 2031 or until further orders, whichever is earlier.