Capital GoodsLarge capRs 43,804 crRs 195.2 cr traded a dayDefence
Close on 10 September 2026
1,195.00
−1.90%
52-week range19% of the way up
1,096.601,613.80
Market cap
43,804 cr
P/E (TTM)
84.1×
industry 48×
EPS (TTM)
14.21
Revenue YoY
+130.8%
Q1 FY27
Profit YoY
+547.4%
Net margin
20.8%
+13.4pt vs a year ago
Growth trend
+203.8pt
vs last quarter’s YoY
1 month
-10.8%
Below 52w high
35.0%
RSI (14)
10
oversold
Daily swing
2.9%
average true range
Volume
0.7×
vs 20-day average
Traded
Rs 195 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
Key metrics
each ranked against every stock scanned tonight
Above the 200-day average
Bottom of the universe
-10.3%
One-year return
Below the median
-26.6%
Return on capital employed
n/a
Debt to equity
n/a
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
n/a
Revenue growth, year on year
latest reported quarter
+130.8%
Below the 52-week high
from the highest close of the year
-26.0%
1 week
−4.99%
1 month
−10.82%
3 months
−1.22%
6 months
−9.48%
1 year
−26.58%
The read
written from the numbers on this page
The evidence is mixed4 supporting, 5 against, 2 worth knowing
Supporting
matches growing fast, sold off anyway, which has beaten the market by +1.11 points over 20 sessions across 29,180 past signals
5 of the scans it matches have a positive measured record
revenue grew 131% year on year in the quarter ending 30 June 2026
net margin has widened from 18.8% to 20.8% across four quarters
Against
trading 10% below its 200-day average
down 27% over twelve months
priced at 84× earnings against an industry median of 48× — 75% above its peers
futures show a short buildup — new sellers are committing capital
the future trades at a 0.87% discount to spot
Worth knowing
RSI at 10 is washed out — historically the better half of this site's measured edge comes from exactly this condition
the 5 scans it matches come from only 1 families — one signal wearing several hats rather than several signals
BDL sits in Defence — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close back above 1,333, its 200-day average; open interest reversing while price keeps going.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working4
Revenue rose 130.8% year on year, from Rs 248 cr to Rs 572 cr.
+130.8%Rs 248 crRs 572 cr
Bharat Dynamics' net profit rose 547.4% year on year, from Rs 18 cr to Rs 119 cr.
+547.4%Rs 18 crRs 119 cr
Profit grew faster than revenue, +547.4% against +130.8%.
+547.4%+130.8%
Rs 195 crore changes hands on a median day, so an ordinary order is not the reason it moves.
Rs 195 cr
Needs watching3
Trading 10.3% below its 200-day average.
-10.3%
26% below its 52-week high.
-26%
Down 26.6% over the past year.
-26.6%
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 3 of these 3 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
5 of 47 matched on 10 Sep
BDL matches 5 of the 47 scans today, across 1 different kinds of evidence. Note how few kinds of evidence that is: several scans in one family are one signal wearing several hats, not several signals.
BDL trades at 84× trailing earnings, below its median of 93× over this window — 10% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Management filings were typically +0.06pt vs the market over the next 5 sessions (n=2,634) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · Results filings were typically -0.51pt vs the market over the next 5 sessions (n=7,726)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 131% against the same quarter a year earlier
profit rose 547% year on year
Going against it
net margin narrowed from 23.6% to 20.8%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · standalone
572
166
119
3.24
20.8%
Q4 FY26
31 Mar · standalone
480
154
113
3.09
23.6%
Q3 FY26
31 Dec · standalone
567
103
73
1.99
12.9%
Q2 FY26
30 Sep · standalone
1,147
288
216
0.00
18.8%
Q1 FY26
30 Jun · standalone
248
23
18
0.50
7.4%
Q4 FY25
31 Mar · standalone
1,777
378
218
7.44
12.3%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-8.0%
Versus 200-day average-10.3%
Below 52-week high-26.0%
Above 52-week low+9.0%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)10.0
Higher closes in last 51 of 5
Six-month return−9.48%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.87%
Volume versus 20-day0.7x
Median daily turnoverRs 195.2 cr
Derivatives
near expiry 2026-09-29 · 2026-09-10
Short Buildup
Price down, open interest up. New sellers are committing capital. The most common state in a falling tape, and the one that unwinds hardest if it turns.
Futures basis versus spot-0.87%
Open interest change+2.3%
Put / call ratio0.49
Put wall (support)1,200
Call wall (resistance)1,400
Max pain1,260
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.
Peers
Capital Goods · 110 classified companies
BDL trades at 84.1× trailing earnings against an industry median of 48.2× across 103 other classified companies in its industry — more expensive than them, by 75%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
Session
Scans
Which
10 Sep
2
Growth that is speeding up, Growing fast, sold off anyway
9 Sep
1
Growth that is speeding up
8 Sep
1
Growth that is speeding up
7 Sep
1
Growth that is speeding up
4 Sep
3
Long tail above — rejected higher, Growth that is speeding up, Just reported, and grew
3 Sep
2
Growth that is speeding up, Just reported, and grew
2 Sep
2
Growth that is speeding up, Just reported, and grew
1 Sep
2
Growth that is speeding up, Just reported, and grew
31 Aug
2
Growth that is speeding up, Just reported, and grew
28 Aug
3
MACD just turned negative, Growth that is speeding up, Just reported, and grew
27 Aug
2
Growth that is speeding up, Just reported, and grew
26 Aug
2
Growth that is speeding up, Just reported, and grew