New Delhi, June 24: Bharat Dynamics Limited (BDL) has received a military order worth ₹1,347.71 crore from Hindustan Aeronautics Limited (HAL), which includes missile launchers for helicopters. This information was disclosed by the government company in a filing to the stock exchange on Wednesday.
The order comprises ₹1,109.37 crore for Helina launchers and line replaceable units (LRUs), along with ₹238.34 crore for countermeasures dispensing system LRUs.
Bharat Dynamics stated that the contract is expected to be completed within 24 to 60 months.
Helina, an anti-tank guided missile (ATGM) developed by India’s Defence Research and Development Organization (DRDO), is a third-generation “fire-and-forget” missile designed for helicopter launch. The Helina launchers are equipped with specialized twin-tube stub-wing mounts, which are installed on Indian military helicopters like HAL Rudra and LCH Prachand, enabling the use of these missiles against heavily armored enemy targets.
The countermeasures dispensing system LRUs are modular, standard hardware components that form part of the aircraft’s defensive self-protection suite. Their primary function is to release chaff and flares automatically or manually to confuse and neutralize incoming radar-guided or infrared-seeking missiles.
Bharat Dynamics primarily collaborates with DRDO to manufacture missiles and torpedoes.
In the fourth quarter of fiscal year 2026, BDL reported a 58.5% year-on-year decline in profits, with earnings dropping to ₹113 crore from ₹273 crore in the same period last year.
During this time, the company’s revenue decreased by 73% year-on-year to ₹480 crore, down from ₹1,777 crore in the previous fiscal year’s corresponding period.
In the fourth quarter of fiscal year 2026, the company’s EBITDA fell by 81.5% year-on-year to ₹55.2 crore, compared to ₹299 crore in the fourth quarter of fiscal year 2025. The company’s margin also decreased to 11.5%, down from 16.5% in the same period last year.
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