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Company Information

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BHARAT DYNAMICS LTD.

20 December 2024 | 12:00

Industry >> Aerospace & Defense

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ISIN No INE171Z01026 BSE Code / NSE Code 541143 / BDL Book Value (Rs.) 92.03 Face Value 5.00
Bookclosure 30/09/2024 52Week High 1795 EPS 16.72 P/E 74.14
Market Cap. 45426.26 Cr. 52Week Low 716 P/BV / Div Yield (%) 13.47 / 0.43 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as a private limited company on July 16, 1970 as "Bharat Dynamics Private Limited" with the Registrar of Companies, Hyderabad under the Companies Act, 1956. The Board of Directors in their meeting held on October 07, 1970 passed a resolution for deleting the word `private' from the name of the Company and the name of the Company was changed to "Bharat Dynamics Limited" pursuant to an amendment to the certificate of incorporation issued by the Registrar of Companies, Hyderabad. the Company became a deemed public limited company under Section 43A of the Companies Act, 1956 with effect from July 01, 1975. Subsequent to the abolition of Section 43A of the Companies Act, 1956, with effect from December 13, 2000, the Company again became a private limited company. Further, the Company was converted to a public limited company and a fresh certificate of incorporation pursuant to conversion from private to public was issued by the RoC on October 27, 2017.

Major events in the history

1970

- Established as a PSU under the administrative control of the Ministry of Defence, GoI.

1986

- Upgradation of the Company from Schedule D PSU to Schedule C PSU.

1992

- Upgradation of the Company from Schedule C PSU to Schedule B PSU.

2013

- The gross sales crossed Rs.10,000 million.

2015

- The gross sales crossed Rs.20,000 million.

2017

- The gross sales crossed Rs.40,000 million.

Awards and Recognition

2017

- Skoch BSE Award for Business Excellence

2015

- Greentech HR Award, 2015 for the best HR Strategy

- Raksha Mantri Award for Excellence

- Golden Peacock Environment Management Award; and

- Indian Chamber of Commerce - PSE Excellence Award for Operational Performance Excellence

2014

- Greentech Environmental Award - Silver Award in Engineering Sector for outstanding achievement in Environment Management

2013

- Raksha Mantri's Award for Excellence for Indigenization

2012

- Global HR Excellence Awards 2011 - 2012 - Innovative HR Practices Award

2010

- Raksha Mantri's Award for Excellence

2018 -BDL bags export order worth USD 14.33 Million. -BDL receives supply order worth of Rs 200 crore approx. from DRDO.

2019 -BDL signs contract for supply of Anti-Tank Guided Missiles to Indian Army.

2020 -BDL launches Amogha -III. -Hon'ble Raksha Mantri launches Products Indigenized by BDL.

2021 -BDL launches new products, signs MoUs at Aero India - 2021. -BDL & MBDA sign agreement to establish Advanced Short Range Air-to-Air Missile facility in India.

2022

-'BDL Launches New Products at Def Expo - 2022'. -Bharat Dynamics signs MoU with Tawazun Economic Council, UAE.

2023

-The Company has launched three new products during the ongoing Aero India - 2023 at Bengaluru. BDL has l-aunched the 'Vertical Launched - Short - Range Surface- to- Air Missile or VL SR SAM', 'Semi-Active Laser Seeker Homing Anti-Tank Guided Missile for BMP - II' and 'Drone Delivered Missile' (JISHNU)

-Vertical Launched - Short - Range Surface to Air Missile Systems or VL - S R SAM is designed and developed by DRDO with BDL as the development cum production partner. The system is a next - generation, ship-based, all-weather, air defense weapon, which can be used by Navy as a quick reaction point defense against supersonic sea skimming targets. The system includes Missile (Canisterized), Weapon Control System (WCS), Vertical Launcher Unit (VLU), Multi Function Radar (MFR), Launcher Control System (LCS), Data Link Transciever (DLX) and Inertial Navigation System (INS) - Ship application.

-Semi-Active Laser Seeker Homing Anti-Tank Guided Missile for BMP - II has been jointly designed and developed by ARDE of DRDO and the in-house R & D Division of BDL to enhance the capability of Infantry and Mechanized Infantry. It is a subsonic missile with a range of 4000 metres and flight time of 25 seconds and can be fired froma tripod or a BMP.

-Drone Delivered Missile has been designed and developed by the in-house R & D Division of BDL. The missile is light weight and miniaturized for soft skinned targets. It has a range of 1.5 km with a flight time of 9 seconds.