Bharat Dynamics (NSE:BDL) EV-to-EBIT: 57.96 (As of Sep. 03, 2026) — 249% Above Median

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NSE:BDL Bharat Dynamics Ltd NSE:BDL
87 GF Score
Price ₹1,257.70
GF Value ₹1,429.66
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Bharat Dynamics EV-to-EBIT?

Bharat Dynamics NSE:BDL +0.30% 87 EV-to-EBIT is 57.96 as of Sep. 03, 2026, which is 249% above its 10-year median of 16.63. GuruFocus rates NSE:BDL with a GF Score™ of 87/100 and a GF Value™ of ₹1,429.66 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 250 Aerospace & Defense companies, Bharat Dynamics ranks worse than 79.2% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Bharat Dynamics's Enterprise Value is ₹413,646 Mil. Bharat Dynamics's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹7,136 Mil. Therefore, Bharat Dynamics's EV-to-EBIT for today is 57.96.

The historical rank and industry rank for Bharat Dynamics's EV-to-EBIT or its related term are showing as below:

NSE:BDL' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.56   Med: 16.63   Max: 95.04
Current: 57.97

During the past 13 years, the highest EV-to-EBIT of Bharat Dynamics was 95.04. The lowest was 3.56. And the median was 16.63.

NSE:BDL's EV-to-EBIT is ranked worse than
79.2% of 250 companies
in the Aerospace & Defense industry
Industry Median: 26.63 vs NSE:BDL: 57.97

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Bharat Dynamics's Enterprise Value for the quarter that ended in Jun. 2026 was ₹501,605 Mil. Bharat Dynamics's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹7,136 Mil. Bharat Dynamics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 1.42%.


Bharat Dynamics  (NSE:BDL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Bharat Dynamics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=7136.463/501604.8092
=1.42 %

Bharat Dynamics's Enterprise Value for the quarter that ended in Jun. 2026 was ₹501,605 Mil.
Bharat Dynamics's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7,136 Mil.

* 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 EV-to-EBIT Related Terms


Bharat Dynamics EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Bharat Dynamics's EV-to-EBIT 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 EV-to-EBIT Chart

Bharat Dynamics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.41 29.42 33.61 56.88 61.31

Bharat Dynamics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT 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 93.36 56.19 67.57 61.31 70.30

NSE:BDL vs SPCX, GE, RTX: EV-to-EBIT Comparison

For the Aerospace & Defense subindustry, Bharat Dynamics's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bharat Dynamics's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bharat Dynamics's EV-to-EBIT falls into.


NSE:BDL
87GF Score
Bharat Dynamics Ltd NSE:BDL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bharat Dynamics EV-to-EBIT Calculation

Bharat Dynamics's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=413645.784/7136.463
=57.96

Bharat Dynamics's current Enterprise Value is ₹413,646 Mil.
Bharat Dynamics's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7,136 Mil.

* 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 EV-to-EBIT →
What does a EV-to-EBIT of 57.96 mean?
Bharat Dynamics (NSE:BDL) has a EV-to-EBIT of 57.96 as of Sep. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Bharat Dynamics and its competitors. This is 249% above median its historical median of 16.63. Over the past decade, Bharat Dynamics' EV-to-EBIT has ranged from 3.56 to 95.04. According to the industry distribution chart, Bharat Dynamics ranks #198 out of 250 companies in the Aerospace & Defense industry, placing it in the top 79.2%.
Is Bharat Dynamics' EV-to-EBIT too high?
Bharat Dynamics' current EV-to-EBIT of 57.96 is 249% above median its 10-year median of 16.63. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 95.04. The Aerospace & Defense industry median EV-to-EBIT is 26.63. Bharat Dynamics' value of 57.96 is 117.6% above this industry median. Based on the distribution chart, Bharat Dynamics ranks #198 out of 250 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Bharat Dynamics has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Dynamics' EV-to-EBIT compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Bharat Dynamics ranks #198 out of 250 companies for EV-to-EBIT. This places Bharat Dynamics in the lower half of its industry. The industry median EV-to-EBIT is 26.63. Bharat Dynamics' value of 57.96 is 117.6% above this benchmark. Historically, Bharat Dynamics' own EV-to-EBIT has ranged from 3.56 to 95.04 over the past decade. While the company's 10-year median is 16.63 vs. the industry median of 26.63, 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 EV-to-EBIT for an Aerospace & Defense company?
The median EV-to-EBIT among Aerospace & Defense companies is 26.63, based on 250 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharat Dynamics's current EV-to-EBIT of 57.96 is 117.6% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Bharat Dynamics and its competitors. For the Aerospace & Defense industry, the median EV-to-EBIT is 26.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Dynamics's current EV-to-EBIT is 57.96, which is 249% above median its own 10-year median of 16.63. 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 Undervalued. The stock's GF Value™ is ₹1,429.66, compared to a current price of ₹1,257.70 — trading 12% below its estimated fair value. The current EV-to-EBIT is 57.96, which is 249% above median its 10-year median of 16.63 and 117.6% above the Aerospace & Defense industry median of 26.63. Bharat Dynamics' overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Bharat Dynamics (NSE:BDL), the current EV-to-EBIT is 57.96 as of Sep. 03, 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 undervalued. The current stock price of ₹1,257.70 is trading 12% below its estimated GF Value™ of ₹1,429.66. GuruFocus considers Bharat Dynamics to be Modestly Undervalued.

Key valuation signals for NSE:BDL:

  • EV-to-EBIT: 57.96 (249% above median its 10-year median of 16.63)
  • GF Value™: ₹1,429.66 vs. price of ₹1,257.70 (12% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 117.6% above the Aerospace & Defense median (#198 of 250)

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.
87GF Score

Get the complete analysis for NSE:BDL

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

₹1,257.70
Price
₹1,429.66
GF Value