Q2 FY26 results: Revenue more than doubles YoY, PAT up 76%

Revenue growth above 20%Profit growth above 25%Emphasis of matterNegative operating cash flowResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+6.3%Reaction day

₹1516.00

prior close

₹1601.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.0%+6.2% vs market

Aerospace & Defense peers, median of 20sector+2.0%+4.3% vs sector

On the reaction day the stock moved 6.2 pts more than Nifty Midcap 150 and 4.3 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

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15m

+0.9

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.3+0.0+6.2+2.0+4.3

Next day

+4.7+0.7+4.0+1.9+2.8

+2.7+0.1+2.6+1.1+1.6

+1.4+0.4+1.0+0.5+0.9

+2.7+0.4+2.3+1.3+1.4

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-3.6-0.8-2.7-2.4-1.2

15d

-0.5-0.5+0.1-7.4+6.9

-7.7-0.8-6.8-8.7+1.1

+0.1-1.6+1.7-7.4+7.5

-17.3-1.5-15.8-8.0-9.4

UpDownMarket · Nifty Midcap 150Sector · Aerospace & Defense peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bharat Dynamics posted Q2 FY26 standalone revenue of 1,14,703 lakhs, up from 54,477 lakhs YoY, more than doubling. PAT rose to 21,588 lakhs from 12,253 lakhs, a growth of about 76%. Half year revenue stood at 1,37,817 lakhs with PAT of 23,423 lakhs. Auditor Tej Raj and Pal issued an unmodified limited review but flagged old inventory worth 8,331 lakhs not moved for over five years. Operating cash flow was negative at 8,027 lakhs for the half year.

Likely market impact

Strong revenue and profit jump signal robust order execution. Old inventory and negative operating cash flow warrant monitoring.