Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Bharat Dynamics's Enterprise Value is ₹457,393 Mil.
Bharat Dynamics's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5,712 Mil. Therefore, Bharat Dynamics's EV-to-EBIT ratio for today is 80.07.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Bharat Dynamics's Enterprise Value is ₹457,393 Mil.
Bharat Dynamics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6,471 Mil. Therefore, Bharat Dynamics's EV-to-EBITDA ratio for today is 70.68.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Bharat Dynamics's Enterprise Value is ₹457,393 Mil.
Bharat Dynamics's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹24,154 Mil. Therefore, Bharat Dynamics's EV-to-Revenue ratio for today is 18.94.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Bharat Dynamics (NSE:BDL) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Bharat Dynamics's current Enterprise Value is ₹457,393 Mil.
Bharat Dynamics's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,712 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Bharat Dynamics's current Enterprise Value is ₹457,393 Mil.
Bharat Dynamics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹6,471 Mil.
Bharat Dynamics's current Enterprise Value is ₹457,393 Mil.
Bharat Dynamics's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹24,154 Mil.
Bharat Dynamics's current Enterprise Value is ₹457,393 Mil.
Bharat Dynamics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.
Bharat Dynamics's current Enterprise Value is ₹457,393 Mil.
Bharat Dynamics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 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 Enterprise Value Related Terms
Bharat Dynamics Enterprise Value Historical Data
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The historical data trend for Bharat Dynamics's Enterprise Value 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.
NSE:BDL vs SPCX, GE, RTX: Enterprise Value Comparison
For the Aerospace & Defense subindustry, Bharat Dynamics's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Bharat Dynamics's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Bharat Dynamics's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Bharat Dynamics's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
What does a Enterprise Value of ₹457,393 Mil mean?
Bharat Dynamics (NSE:BDL) has a Enterprise Value of ₹457,393 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Bharat Dynamics and its competitors.
Is Bharat Dynamics' Enterprise Value too high?
Bharat Dynamics' current Enterprise Value is ₹457,393 Mil. 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' Enterprise Value compare to SPCX and GE?
Bharat Dynamics' Enterprise Value of ₹457,393 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Aerospace & Defense company?
A good Enterprise Value depends on the Aerospace & Defense industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Bharat Dynamics and its competitors. Bharat Dynamics's current Enterprise Value is ₹457,393 Mil. 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 ₹1,227.31, compared to a current price of ₹1,388.20 — trading 13.1% above its estimated fair value. The current Enterprise Value is ₹457,393 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Bharat Dynamics (NSE:BDL), the current Enterprise Value is ₹457,393 Mil as of Jul. 05, 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 ₹1,388.20 is trading 13.1% above its estimated GF Value™ of ₹1,227.31.
GuruFocus considers Bharat Dynamics to be Modestly Overvalued.
Key valuation signals for NSE:BDL:
Enterprise Value: ₹457,393 Mil
GF Value™: ₹1,227.31 vs. price of ₹1,388.20 (13.1% above fair value)
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 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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