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Bharat Dynamics (BDL) Order Book & Order Wins

Bharat Dynamics' order book stood at ₹26,176 Cr as of Q4 FY26 (March 2026), up 38.8% from ₹18,852 Cr in Q2 FY25.

Bharat Dynamics' Q2 FY27 order book is not yet on file. The figure above is the latest one management has disclosed, and this page updates when a newer one is.

Order inflow parsed from Bharat Dynamics Ltd's BSE Reg-30 "Receipt of Order" filings; order-book figures from management's earnings-call disclosures. See the live analysis on Bharat Dynamics Limited (BDL).

Order inflow FY27: ₹3,466 Cr across 3 disclosed wins · trailing 12 months: ₹8,024 Cr (5 wins)

Order-book trend

PeriodOrder book
Q3 FY24₹20,070 Cr
Q4 FY24₹19,434 Cr
Q2 FY25₹18,852 Cr
Q4 FY26₹26,176 Cr

Order-book bridge

Opening backlog + net order intake − revenue executed = closing backlog. Intake is derived from those figures, not filed by the company.

PeriodOpeningIntakeExecutedClosing
Q4 FY26 (6 quarters since Q2 FY25)₹18,852 Cr₹12,375 Cr₹5,051 Cr₹26,176 Cr
Q2 FY25 (2 quarters since Q4 FY24)₹19,434 Cr₹154 Cr₹736 Cr₹18,852 Cr
Q4 FY24₹20,070 Cr₹218 Cr₹854 Cr₹19,434 Cr

Disclosed inflow by customer

CustomerWinsValue
Indian Army2₹4,558 Cr
MoD1₹4,362 Cr
Indian Navy2₹4,267 Cr
PSU2₹2,157 Cr
Indian Air Force1₹811 Cr

Recent order wins

DateValueCustomerOrder
15 Oct 2026₹1,307 CrIndian NavyBharat Dynamics Limited signed a contract with the Indian Navy for the supply of heavyweight torpedoes valued at Rs. 1307 Crore.
23 Sept 2026₹811 CrIndian Air ForceBharat Dynamics Limited signed a contract with the Indian Air Force for the supply of Satellite Smart Anti Airfield Weapons (SAT-SAAW) and associated equipment
24 Jun 2026₹1,348 CrPSUBharat Dynamics Ltd received orders worth Rs 1347.71 crore from Hindustan Aeronautics Limited for Helina Launchers & LRUs and CMDS LRUs.
1 Dec 2025₹2,462 CrIndian ArmyBharat Dynamics Ltd secured additional orders worth Rs 2461.62 crore for the supply of ATGMs and SAMs from the Indian Army.
13 Nov 2025₹2,096 CrIndian ArmyBharat Dynamics Ltd signed a contract worth Rs 2,095.70 crore with the Ministry of Defence for the supply of Invar Anti-tank missiles for the Indian Army.
25 Jul 2025₹809 CrPSUBharat Dynamics Ltd received an order for the supply of one of the ATGM from Armoured Vehicles Nigam Limited for a value of Rs 809 crore.
26 Mar 2025₹4,362 CrMoDBharat Dynamics Ltd signed a contract worth Rs 4362.23 Crore with the Ministry of Defence for the supply of armaments to Indian Armed forces.
16 Jan 2025₹2,960 CrIndian NavyBharat Dynamics Ltd signed a contract worth Rs 2960 crore with the Ministry of Defence for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) for the In

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