New Order General Industrials NSE: BDL

Bharat Dynamics Secures ₹810.79 Crore Indian Air Force Order for SAT-SAAW Systems

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Bharat Dynamics Secures ₹810.79 Crore Indian Air Force Order for SAT-SAAW Systems

Bharat Dynamics Limited — New Order · BDL

Order Value

₹810.79 Cr

New MoD Contract

Market Cap

₹42,557.91 Cr

Large Cap

Revenue TTM

₹2,766.1 Cr

Operating Revenue

RSI

36.14

Neutral Zone

! Key Highlights

  • Total contract value stands at ₹810.79 crore for SAT-SAAW supply and equipment
  • Execution and delivery timeline scheduled between financial years 2027-28 and 2028-29
  • Weapon system features 60% indigenous content developed in collaboration with DRDO
  • Compatible with major IAF aircraft platforms including Su-30 MKI, Jaguar, and Hawk
  • Procured under the Indigenously Designed, Developed and Manufactured (IDDM) category

Bharat Dynamics Limited (BDL) has secured a significant contract worth ₹810.79 crore from the Ministry of Defence for the supply of Satellite Smart Anti Airfield Weapons (SAT-SAAW). The contract includes associated equipment for the Indian Air Force and falls under the Buy (Indian-IDDM) procurement category.

Strategic Scope and Timeline

The contract involves the supply of SAT-SAAW, an air-to-ground precision-guided glide bomb designed to neutralize enemy airfield infrastructure from long stand-off ranges. This capability allows the Indian Air Force to strike critical targets while remaining outside the reach of close-range air defense systems. The ₹810.79 crore agreement includes the weapons and necessary associated equipment.

Deliveries are structured to take place in phases during the 2027-28 and 2028-29 windows, ensuring a steady deployment of advanced munitions into the national defense inventory over the medium term.

Technological Advancement and Indigenisation

  • System developed by the Defence Research and Development Organisation (DRDO) for high-precision strikes
  • Achieves a minimum indigenous content of 60% to support national self-reliance goals
  • Includes indigenously manufactured sub-systems such as the Initial Measurement Unit
  • Features specialized Long Impact Delay Fuses and Twin Store Carriers for operational efficiency
  • Supports the Aatmanirbharta initiative by reducing dependence on imported precision munitions

Business Impact and Industry Context

This order reinforces Bharat Dynamics Limited's position as a critical manufacturing partner for DRDO-led innovations. By securing a high-value contract under the IDDM category, the company strengthens its specialized order book in the precision-guided munitions segment. Financially, the company maintains a market capitalization of ₹42,557.91 crore and a trailing twelve-month revenue of ₹2,766.1 crore.

This new contract provides clear revenue visibility for the coming years. Operating within the Aerospace and Defence sector, BDL benefits from consistent domestic tailwinds as the Ministry of Defence prioritizes local procurement over foreign acquisitions.

Bharat Dynamics Limited — Financial Snapshot

BSE: 541143 · NSE: BDL · General Industrials

Current Market Price ₹1161 per share
Market Capitalisation ₹42,557.91 Cr BSE Listed
Revenue (Annual) ₹2,441.79 Cr Operating
Net Profit (Annual) ₹420.34 Consolidated
P/E Ratio (TTM) 81.72× Sector: 57.17×
Promoter Holding 74.93% 0.00% QoQ
FII Holding 1.69% Current Qtr

Source Verified

Exchange filing by Bharat Dynamics Limited announcing the receipt of an ₹810.79 crore order from the Ministry of Defence. Financial metrics from Trendlyne.

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