Bharat Dynamics Ltd - Company Profile
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Business Description
Bharat Dynamics Ltd (BDL) is a producer of defense equipment. The company carries out research and development, production and sale of various weapon systems such as surface to air missiles (SAM), anti-tank guided missiles (ATGM), torpedoes, and allied products.
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R&D Overview
BDL focuses its R&D on development of new products and to improve the existing portfolio in order to meet the requirements of consumer. The company also focuses on development of advanced weapon systems in the view of changing global defense environment. It operates through an established network of advanced R&D centers.. The company is also investing in defense related start-up companies. In FY2023, the company spent INR1,520.3 million on R&D, which as a percentage of revenue, stood at 6.1%.
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