Financial results for the quarter and year ended 31.03.2026

Bharat Dynamics Limited reported a 27% decline in revenue from operations to Rs 2,44,179 lakhs for FY26 compared to Rs 3,34,505 lakhs in FY25. Profit after tax fell 23.5% to Rs 42,034 lakhs from Rs 54,965 lakhs in the prior year. EPS for the year stood at Rs 11.47 per share (face value Rs 5). The Board recommended a final dividend of Rs 0.40 per share, following an interim dividend of Rs 4.50 already paid in February 2026. Operating cash flow improved significantly to Rs 60,400 lakhs from Rs 16,739 lakhs in the prior year. The statutory auditor issued an unmodified opinion. However, the auditor drew attention to non-provisioning of Rs 8,327 lakhs worth of slow-moving inventory (over 5 years) and noted non-compliance with Board composition requirements due to lack of Independent Directors, resulting in suspension of the Audit Committee.