Bharat Dynamics (NSE:BDL) EBITDA Margin %: 35.69% (As of Mar. 2026) — 39% Above Median


NSE:BDL Bharat Dynamics Ltd NSE:BDL
84 GF Score
Price ₹1,368.40
GF Value ₹1,210.93
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Bharat Dynamics EBITDA Margin %?

Bharat Dynamics NSE:BDL -1.09% 84 EBITDA Margin % is 35.69% as of Mar. 2026, which is 39% above its 10-year median of 25.68. GuruFocus rates NSE:BDL with a GF Score™ of 84/100 and a GF Value™ of ₹1,210.93 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 347 Aerospace & Defense companies, Bharat Dynamics ranks better than 86.46% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Bharat Dynamics's EBITDA for the three months ended in Mar. 2026 was ₹1,744 Mil. Bharat Dynamics's Revenue for the three months ended in Mar. 2026 was ₹4,886 Mil. Therefore, Bharat Dynamics's EBITDA margin for the quarter that ended in Mar. 2026 was 35.69%.


Bharat Dynamics  (NSE:BDL) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Bharat Dynamics EBITDA Margin % Related Terms


Bharat Dynamics EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Bharat Dynamics's EBITDA Margin % 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 EBITDA Margin % Chart

Bharat Dynamics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.32 22.68 38.03 24.76 26.79

Bharat Dynamics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 22.13 17.95 26.86 22.45 35.69

NSE:BDL vs GE, RTX, BA: EBITDA Margin % Comparison

For the Aerospace & Defense subindustry, Bharat Dynamics's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Aerospace & Defense Industry

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

* The bar in red indicates where Bharat Dynamics's EBITDA Margin % falls into.


NSE:BDL
84GF Score
Bharat Dynamics Ltd NSE:BDL
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Dynamics EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Bharat Dynamics's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=6471.36/24153.596
=26.79 %

Bharat Dynamics's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1744.082/4886.234
=35.69 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 35.69% mean?
Bharat Dynamics (NSE:BDL) has a EBITDA Margin % of 35.69% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Bharat Dynamics and its competitors. This is 39% above median its historical median of 25.68. Over the past decade, Bharat Dynamics' EBITDA Margin % has ranged from 18.23 to 38.03. According to the industry distribution chart, Bharat Dynamics ranks #47 out of 347 companies in the Aerospace & Defense industry, placing it in the top 13.5%.
Is Bharat Dynamics' EBITDA Margin % too high?
Bharat Dynamics' current EBITDA Margin % of 35.69% is 39% above median its 10-year median of 25.68. Over the past 10 years, this metric has ranged from a low of 18.23 to a high of 38.03. The Aerospace & Defense industry median EBITDA Margin % is 11.96. Bharat Dynamics' value of 35.69% is 198.4% above this industry median. Based on the distribution chart, Bharat Dynamics ranks #47 out of 347 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 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Dynamics' EBITDA Margin % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Bharat Dynamics ranks #47 out of 347 companies for EBITDA Margin %. This places Bharat Dynamics in the top 14% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 11.96. Bharat Dynamics' value of 35.69% is 198.4% above this benchmark. Historically, Bharat Dynamics' own EBITDA Margin % has ranged from 18.23 to 38.03 over the past decade. While the company's 10-year median is 25.68 vs. the industry median of 11.96, 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 EBITDA Margin % for an Aerospace & Defense company?
The median EBITDA Margin % among Aerospace & Defense companies is 11.96, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharat Dynamics's current EBITDA Margin % of 35.69% is 198.4% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Bharat Dynamics and its competitors. For the Aerospace & Defense industry, the median EBITDA Margin % is 11.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Dynamics's current EBITDA Margin % is 35.69%, which is 39% above median its own 10-year median of 25.68. 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 ₹1,210.93, compared to a current price of ₹1,368.40 — trading 13% above its estimated fair value. The current EBITDA Margin % is 35.69%, which is 39% above median its 10-year median of 25.68 and 198.4% above the Aerospace & Defense industry median of 11.96. Bharat Dynamics' overall GF Score™ is 84/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Bharat Dynamics (NSE:BDL), the current EBITDA Margin % is 35.69% 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 ₹1,368.40 is trading 13% above its estimated GF Value™ of ₹1,210.93. GuruFocus considers Bharat Dynamics to be Modestly Overvalued.

Key valuation signals for NSE:BDL:

  • EBITDA Margin %: 35.69% (39% above median its 10-year median of 25.68)
  • GF Value™: ₹1,210.93 vs. price of ₹1,368.40 (13% above fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 198.4% above the Aerospace & Defense median (#47 of 347)

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.
84GF Score

Get the complete analysis for NSE:BDL

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

₹1,368.40
Price
₹1,210.93
GF Value