One of India’s producers of missile systems and ammunition is Bharat Dynamics Limited (BDL). It was established in Hyderabad, India, in 1970. In order to produce and deliver different missiles and related equipment to the Indian Armed Forces, BDL has been collaborating with the Defense Research and Development Organization and foreign original equipment manufacturers (OEMs).
Bharat Dynamics Limited – Quick Overview
| Particular | Details |
| Company Name | Bharat Dynamics Limited (BDL) |
| Type | Public Sector Undertaking (Government of India) |
| Industry | Defence & Aerospace – Missile Systems & Defence Equipment |
| Founded / Incorporated | 16 July 1970 |
| Headquarters | Hyderabad, Telangana, India |
| Owner / Parent | Government of India (Ministry of Defence) |
| Chairman & MD | Commodore A. Madhavarao |
| Core Business | Manufacture of guided missiles, allied defence equipment & underwater weapons |
| Major Products | Guided missiles (e.g., Akash, Astra), torpedoes, underwater weapons systems & allied defence products |
| Manufacturing Units | Hyderabad (Kanchanbagh), Bhanur (Telangana), Visakhapatnam (Andhra Pradesh) and others |
| Area Served | India (primary) & defence exports |
| Role in Defence | Prime production agency for India’s missile systems & defence equipment |
| Stock Exchange Listing | Listed on BSE & NSE |
| BSE Code / NSE Symbol | 541143 / BDL |
| Employee Strength | Approx. 3,000+ employees |
| Notable Recognition | Category-I Mini-Ratna PSU |
| Official Website | bdl-india.in |
Net Worth and Market Cap
As of January 22, 2026, Bharat Dynamics’ market capitalization, or net value, was 520.23 billion. In just one year, its market capitalization has grown by 26.10%.
Corporate Leadership
The company’s chairman and MD are Commodore A Madhavarao.
Overview of Services
The Government of India operates Bharat Dynamics (BDL). It produces guided missiles and related military hardware. The company provides a wide range of defense products, such as launchers, torpedoes, anti-tank guided missiles, surface-to-air missiles, and air-to-air missiles. Additionally, it provides specialized test equipment and countermeasures for missile and undersea weapon platforms.
As the Indian Armed Forces continue to modernize, BDL is well-positioned to pursue new production opportunities for a variety of weapon systems, including heavy weight torpedoes, air defense systems, surface-to-air missiles, and air-to-air missiles, therefore becoming a manufacturer of defense equipment. BDL has also ventured into the field of upgrading outdated missiles.
Scale of Operations
Driven by locally produced military systems and robust international outreach through channel partners, defense fairs, and embassy contacts, it recorded its highest-ever exports of Rs. 1,270 Cr. It still receives orders from friendly foreign countries.
The French SS11B1, a first-generation anti-tank guided missile, was the company’s first product. BDL has developed internal research and development capabilities, mainly concentrating on design and engineering activities, while carrying out its fundamental function as a manufacturer of weapons systems. BDL’s three manufacturing facilities are situated in Visakhapatnam, Andhra Pradesh; Bhanur, Medak district; and Kanchanbagh, Hyderabad.
Two more plants are planned in Amravati, Maharashtra, and Ibrahimpatnam, Telangana’s Ranga Reddy district.
With new facilities in Ibrahimpatnam, Amravati, and Jhansi, it is increasing its capacity to produce SAMs, next-generation missiles, VSHORADs, rockets, and propellants for ATGMs. In order to increase self-sufficiency and lessen dependency on imports, it is also stepping up indigenization initiatives across ATGMs, SAMs, AAMs, and torpedoes.
