BHARAT DYNAMICS LT chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 153.74
Dividend & Yield7.95₹ (1.07%)
Beta 0.77
Market capitalization 136.82B
Operating cash flow 5.3B
ESG Scores unknown

Company description

Bharat Dynamics Limited engages in the manufacture and sale of guided missiles and allied defense products in India. It provides surface to air missiles, anti-tank guided missiles, underwater weapons, launchers, counter measures dispensing systems, test equipment, torpedoes, and mechanized infantry weapons, as well as anti-submarine warfare suite. The company offers its products to Indian Armed forces and government of India. It also exports its products. Bharat Dynamics Limited was incorporated in 1970 and is headquartered in Hyderabad, India.

Sector: Industrials - Industry: Aerospace & Defense

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -4.92B -1.74B 3.97B -1.9B
Total Cashflows From Investing Activities 1.7B -331.76M -7.34B -5.73B
Net Borrowings -9.47M -9.47M -10.61M -11.85M
Total Cash From Financing Activities -2.68B -1.91B -1.73B -1.49B
Change To Operating Activities -2.38B -9.21B 9.07B 3.35B
Issuance Of Stock
Net Income 4.23B 5.35B 2.58B 5B
Change In Cash -148.34M 2.8B 1.62B -1.92B
Effect Of Exchange Rate
Total Cash From Operating Activities 835.18M 5.04B 10.68B 5.3B
Depreciation 765.08M 924.61M 924.27M 903.55M
Change To Account Receivables 1.83B 1.88B 156.75M 185.31M
Other Cashflows From Financing Activities -28.41M -32.66M -25.23M -20.34M
Change To Netincome -1.36B -174.74M -599M 376.63M
Capital Expenditures -882.79M -568.88M -566.09M -1.02B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 6.71B 7.42B 3.41B 7.1B
Net Income 4.23B 5.35B 2.58B 5B
Selling General Administrative 5.49B 5.49B 5.12B 5.71B
Gross Profit 13.91B 15.61B 10.47B 16.38B
Ebit 5.4B 6.59B 2.5B 6.36B
Operating Income 5.4B 6.59B 2.5B 6.36B
Interest Expense -28.41M -32.66M -25.23M -34.24M
Income Tax Expense 2.49B 2.08B 831.16M 2.1B
Total Revenue 30.69B 31.05B 19.14B 28.17B
Cost Of Revenue 16.79B 15.44B 8.67B 11.79B
Total Other Income ExpenseNet 1.32B 833.95M 907.01M 742M
Net Income From Continuing Ops 4.23B 5.35B 2.58B 5B
Net Income Applicable To Common Shares 4.23B 5.35B 2.58B 5B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 32B 30.78B 32.77B 35.33B
Total Stockholder Equity 22.69B 26.07B 26.85B 30.31B
Other Current Liabilities 21.36B 16.8B 16.18B 20.27B
Total Assets 54.68B 56.85B 59.62B 65.64B
Common Stock 1.83B 1.83B 1.83B 1.83B
Other Current Assets 2.88B 2.11B 2.99B 16.34B
Retained Earnings 20.85B 24.24B 25.01B 28.47B
Treasury Stock
Cash 169.71M 2.97B 4.57B 19B
Total Current Liabilities 29.19B 23.15B 25.21B 25.81B
Other Stockholder Equity
Property, Plant, and Equipment 8.59B 8.37B 8.04B 8.02B
Total Current Assets 43.1B 45.74B 48.99B 55.23B
Net Tangible Assets 21.26B 24.7B 25.53B 29.18B
Net Receivables 19.58B 28.03B 15.83B 3.35B
Accounts Payable 5.19B 3.45B 7.43B 5.52B


Insider Transactions

Here are the insider transactions of stock shares related to BHARAT DYNAMICS LT:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Govt of IndiaD2020-09-09Promoter23.5M
Life Insurance Corporation of IndiaD2020-09-09Institution- Corporation15.15M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BHARAT DYNAMICS LT. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BHARAT DYNAMICS LT

Here is the result of two systematic investment strategies applied to BHARAT DYNAMICS LT. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BHARAT DYNAMICS LT

The following chart shows the equity curve of the two systematic investment strategies applied to BHARAT DYNAMICS LT:

BHARAT DYNAMICS LT automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 113.22% on the backtest period.

Performance at glance

Performance

113.22 %

Latent gain

4041.4 ₹

Invested capital

3569.6 ₹

Annualized return

26.83 %
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Momentum strategy results on BHARAT DYNAMICS LT

This is the result of two momentum investment strategies applied to BHARAT DYNAMICS LT. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BHARAT DYNAMICS LT

The following chart shows all the entries opened by the momentum investment system on BHARAT DYNAMICS LT:

BHARAT DYNAMICS LT momentum entries
  • The first momentum investment strategy would give 127.04% of return on BHARAT DYNAMICS LT. That represents 9369.2₹ of latent gain with 7375.0₹ of employed capital.
  • The second momentum investment strategy would give 146.2% of return on BHARAT DYNAMICS LT. That represents 5875.5₹ of latent gain with 4018.8₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

127.04 %

Latent gain

9369.2 ₹

Invested capital

7375.0 ₹

Annualized return

43.44 %
Performance at glance (2Q Momentum)

Performance

146.2 %

Latent gain

5875.5 ₹

Invested capital

4018.8 ₹

Annualized return

39.09 %

Momentum equity curve on BHARAT DYNAMICS LT

The following chart shows the equity curve of the two momentum strategies applied to BHARAT DYNAMICS LT:

BHARAT DYNAMICS LT momentum equity

Note: the dividends potentially given by BHARAT DYNAMICS LT are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BHARAT DYNAMICS LT

The following chart shows the employed capital evolution of the two momentum strategies on BHARAT DYNAMICS LT since the beginning:

BHARAT DYNAMICS LT

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on BHARAT DYNAMICS LT

Buy the dip entry openings on BHARAT DYNAMICS LT

BHARAT DYNAMICS LT

The performance achieved by the robo-advisor on BHARAT DYNAMICS LT is 96.44%. That represents 373.65$ of latent gain with 387.45₹ of employed capital. The following chart shows BHARAT DYNAMICS LT stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BHARAT DYNAMICS LT, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

96.44 %

Latent gain

373.65 ₹

Invested capital

387.45 ₹

Annualized return

43.44 %

Equity curve of the strategy applied to BHARAT DYNAMICS LT

The following chart shows the result of the investment strategy applied to BHARAT DYNAMICS LT:

BHARAT DYNAMICS LT

Note: the dividends potentially given by BHARAT DYNAMICS LT are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BHARAT DYNAMICS LT

The following chart shows the employed capital evolution since the beginning of the investment strategy on BHARAT DYNAMICS LT:

BHARAT DYNAMICS LT

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BHARAT DYNAMICS LT

In this section, I will compare the three previous investment strategies applied to BHARAT DYNAMICS LT.

Equity curve comparison on BHARAT DYNAMICS LT

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BHARAT DYNAMICS LT investment strategy comparison

Employed capital comparison on BHARAT DYNAMICS LT

BHARAT DYNAMICS LT investment comparison

Performance comparison on BHARAT DYNAMICS LT

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 113.22% 4041.4₹ 3569.6₹ 26.83%
Momentum 1 quarter 127.04% 9369.2₹ 7375.0₹ 31.92%
Momentum 2 quarters 146.2% 5875.5₹ 4018.8₹ 39.09%
Non-directional 96.44% 373.65₹ 387.45₹ 43.44%
Annualized return comparison

Automatic investment

26.83 %

Momentum 1Q

39.09 %

Momentum 2Q

39.09 %

Non-directional

43.44 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BHARAT DYNAMICS LT:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between BHARAT DYNAMICS LT and the other stocks. There may be false positives or some missing correlated stocks. If the price of BHARAT DYNAMICS LT does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BHARAT DYNAMICS LT
Country India
City Hyderabad
Address Plot No. 38-39, TSFC Building
Phone 91 40 2345 6145
Website bdl-india.in
FullTime employees
Industry Aerospace & Defense
Sector Industrials
Exchange XNSE
Ticker BDL.XNSE
Market

BHARAT DYNAMICS LT ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown