Bharat Dynamics (NSE:BDL) Days Payable: 1,432.59 (As of Mar. 2026) — 666% Above Median


NSE:BDL Bharat Dynamics Ltd NSE:BDL
86 GF Score
Price ₹1,409.60
GF Value ₹1,234.39
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Bharat Dynamics Days Payable?

Bharat Dynamics NSE:BDL +1.54% 86 Days Payable is 1,432.59 as of Mar. 2026, which is 666% above its 10-year median of 187.02. GuruFocus rates NSE:BDL with a GF Score™ of 86/100 and a GF Value™ of ₹1,234.39 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 337 Aerospace & Defense companies, Bharat Dynamics ranks better than 96.14% on this metric.

Bharat Dynamics's average Accounts Payable for the three months ended in Mar. 2026 was ₹28,348 Mil. Bharat Dynamics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,806 Mil. Hence, Bharat Dynamics's Days Payable for the three months ended in Mar. 2026 was 1,432.59.

The historical rank and industry rank for Bharat Dynamics's Days Payable or its related term are showing as below:

NSE:BDL' s Days Payable Range Over the Past 10 Years
Min: 102.48   Med: 187.02   Max: 647.95
Current: 634.79

During the past 13 years, Bharat Dynamics's highest Days Payable was 647.95. The lowest was 102.48. And the median was 187.02.

NSE:BDL's Days Payable is ranked better than
96.14% of 337 companies
in the Aerospace & Defense industry
Industry Median: 64.7 vs NSE:BDL: 634.79

Bharat Dynamics's Days Payable increased from Mar. 2025 (130.57) to Mar. 2026 (1,432.59). It may suggest that Bharat Dynamics delayed paying its suppliers.


Bharat Dynamics Days Payable Historical Data

* Premium members only.

The historical data trend for Bharat Dynamics's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bharat Dynamics Days Payable Chart

Bharat Dynamics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 200.47 155.78 256.82 250.59 647.95

Bharat Dynamics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.57 2,319.32 285.58 561.00 1,432.59

NSE:BDL vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Bharat Dynamics's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bharat Dynamics Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bharat Dynamics's Days Payable distribution charts can be found below:

* The bar in red indicates where Bharat Dynamics's Days Payable falls into.


NSE:BDL
86GF Score
Bharat Dynamics Ltd NSE:BDL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Dynamics Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Bharat Dynamics's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (15055.605 + 28347.838) / 2 ) / 12224.939*365
=21701.7215 / 12224.939*365
=647.95

Bharat Dynamics's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 28347.838) / 1 ) / 1805.644*365 / 4
=28347.838 / 1805.644*365 / 4
=1,432.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 1,432.59 mean?
Bharat Dynamics (NSE:BDL) has a Days Payable of 1,432.59 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bharat Dynamics and its competitors. This is 666% above median its historical median of 187.02. Over the past decade, Bharat Dynamics' Days Payable has ranged from 102.48 to 647.95. According to the industry distribution chart, Bharat Dynamics ranks #13 out of 337 companies in the Aerospace & Defense industry, placing it in the top 3.9%.
Is Bharat Dynamics' Days Payable too high?
Bharat Dynamics' current Days Payable of 1,432.59 is 666% above median its 10-year median of 187.02. Over the past 10 years, this metric has ranged from a low of 102.48 to a high of 647.95. The Aerospace & Defense industry median Days Payable is 64.70. Bharat Dynamics' value of 1,432.59 is 2114.2% above this industry median. Based on the distribution chart, Bharat Dynamics ranks #13 out of 337 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Bharat Dynamics has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Dynamics' Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Bharat Dynamics ranks #13 out of 337 companies for Days Payable. This places Bharat Dynamics in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.70. Bharat Dynamics' value of 1,432.59 is 2114.2% above this benchmark. Historically, Bharat Dynamics' own Days Payable has ranged from 102.48 to 647.95 over the past decade. While the company's 10-year median is 187.02 vs. the industry median of 64.70, Bharat Dynamics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.70, based on 337 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharat Dynamics's current Days Payable of 1,432.59 is 2114.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bharat Dynamics and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Dynamics's current Days Payable is 1,432.59, which is 666% above median its own 10-year median of 187.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Bharat Dynamics (NSE:BDL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,234.39, compared to a current price of ₹1,409.60 — trading 14.2% above its estimated fair value. The current Days Payable is 1,432.59, which is 666% above median its 10-year median of 187.02 and 2114.2% above the Aerospace & Defense industry median of 64.70. Bharat Dynamics' overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Bharat Dynamics (NSE:BDL), the current Days Payable is 1,432.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bharat Dynamics (NSE:BDL) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Dynamics stock appears to be overvalued. The current stock price of ₹1,409.60 is trading 14.2% above its estimated GF Value™ of ₹1,234.39. GuruFocus considers Bharat Dynamics to be Modestly Overvalued.

Key valuation signals for NSE:BDL:

  • Days Payable: 1,432.59 (666% above median its 10-year median of 187.02)
  • GF Value™: ₹1,234.39 vs. price of ₹1,409.60 (14.2% above fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 2114.2% above the Aerospace & Defense median (#13 of 337)

No single metric tells the full story. See the NSE:BDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bharat Dynamics Business Description

Other Exchanges 541143:India
Address Plot No. 38-39, Near ICICI towers, TSFC Building, Financial District, Nanakramguda, Hyderabad, TG, IND, 500032
Bharat Dynamics Ltd is engaged in the manufacturing of Missiles and allied Defence equipment. The Company provides the majority of its goods and services to the Indian Armed Forces and the Government of India. Its products comprise Milan-2T ATGM, Helina, Astra Weapon System, FLAME, Anti-Submarine Warfare Suite (ASW SUITE), Astra Weapon Systemothers, and Others.
86GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,409.60
Price
₹1,234.39
GF Value