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HomeSHARE MARKETGovernment Defence PSU Stock: Company Announced Interim Dividend For Investors

Government Defence PSU Stock: Company Announced Interim Dividend For Investors

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Defence PSU Stock Bharat Dynamics Ltd (NSE: BDL) Interim Dividend Ex Date: Today, in this post we’ll discuss about Bharat Dynamics latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding.

We hope our analysis will provide you better insight about the company.

People investing in the market can earn money in many ways. Investors can earn money in the form of returns by investing in the stocks of companies listed in the market. 

Apart from this, companies listed in the market declare dividends when they have high profits. In this regard, the stock of government defense company Bharat Dynamics is in focus. 

The company has made an interim dividend announcement for investors, with an expiration date of today. However, the stock opened weak in the trading session of April 2.

The market has also started with weakness and the stock is down by about 2 percent in the initial session.

Interim Dividend Ex-date Today

The company declared an interim dividend on March 21, 2024. The expiration date of the interim dividend will be currently.

As of today, only investors listed on the balance statement of the business will receive the benefits from this dividend interim. The company has declared an interim dividend in the amount of 8.85 per share.

Investors who hold shares of Bharat Dynamics Limited will get the benefit of this interim dividend. The company is going to give a profit of Rs 8.85 on every share to the investors.

The Company Released A Business Update

Apart from this, the company issued a business update for the financial year 2024 during its filing on the stock exchange.

The company said during filing in the Bombay Stock Exchange that the turnover has declined by 5.6% to Rs 23.50 Cr (YoY) in FY24. 

At present, due to the global situation, there has been an impact on turnover. The company further said that the supply chain has been affected due to the situation in Europe and the Middle East. The order book of the company till April 1, 2024, is Rs 194.68 Cr.

About Bharat Dynamics Ltd 

Bharat Dynamics Limited is a business based in India that is involved in the production of missiles as well as other defense equipment.

The Company supplies most of its services and goods to India’s Indian Armed Forces and the Government of India.

The company makes internal guided missiles, airborne and underwater weapons, and other defensive equipment for members of the Indian Armed Forces. 

The company operates four manufacturing facilities, three within Telangana State (Hyderabad, Bhanur Bhanur, and Ibrahimpatnam) as well as one located in Andhra Pradesh (Visakhapatnam). 

They include Varanastra, also known as a Weight Torpedo equipped with medium Range Surface Air Missiles, Quick Reaction Surface Air Missiles, Multi-Influential Ground Mines as well as a variety of others.

Fundamental Analysis of Bharat Dynamics Ltd 

Market Cap₹ 31,983 Cr.
Current Price₹ 1,748
52-wk High₹ 1,985
52-wk Low₹ 900
Stock P/E67.1
Book Value₹ 184
Dividend0.53 %
ROCE15.6 %
ROE11.3 %
Face Value₹ 10.0
P/B Value9.44
OPM17.4 %
EPS₹ 26.0
Debt₹ 4.49 Cr.
Debt to Equity0.00

Bharat Dynamics Ltd (BDL) Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 1800₹ 2100
2025₹ 2232₹ 2455
2026₹ 2500₹ 2765
2027₹ 2789₹ 2876
2028₹ 2900₹ 3121
2029₹ 3253₹ 3435
2030₹ 3654₹ 3897
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Bharat Dynamics Ltd Shareholding Pattern

Promoters Holding
Dec 202274.93%
Mar 202374.93%
June 202374.93%
Sept 202374.93%
Dec 202374.93%
FII Holding
Dec 20223.24%
Mar 20232.83%
June 20233.36%
Sept 20233.09%
Dec 20233.09%
DII Holding
Dec 202212.39%
Mar 202314.10%
June 202313.78%
Sept 202312.81%
Dec 202313.32%
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Govt. Holding
Dec 20220.01%
Mar 20230.00%
June 20230.00%
Sept 20230.00%
Dec 20230.00%
Public Holding
Dec 20229.43%
Mar 20238.15%
June 20239.17%
Sept 20239.17%
Dec 20238.64%

Bharat Dynamics Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 3,069 Cr
2020₹ 3,105 Cr
2021₹ 1,914 Cr
2022₹ 2,817 Cr
2023₹ 2,313 Cr
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Last 5 Years’ Net Profit:

2019₹ 423 Cr
2020₹ 535 Cr
2021₹ 258 Cr
2022₹ 500 Cr
2023₹ 477 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190
20200
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:2%
5 Years:-8%
3 Years:-13%
Current Year:-2%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:16%
3 Years:13%
Last Year:11%

Sales Growth Over 10 Years:

10 Years:9%
5 Years:-12%
3 Years:-7%
Current Year:-25%

Conclusion

This article is a complete guide about Bharat Dynamics Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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