Bharat Dynamics signs a ₹1,307 crore contract with the Indian Navy for heavyweight torpedoes
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- Defence
Bharat Dynamics Limited has told the exchanges that it signed a contract on 15 Oct 2026 with the Indian Navy for the supply of heavyweight torpedoes. The contract is valued at approximately ₹1,307 crore plus taxes and is to be completed within 42 months.
The order is domestic. The filing is dated 15 Oct 2026 and is made under Regulation 30 of the SEBI Listing Regulations. It does not name the torpedo model or give a delivery schedule within the 42 months.
Inference
The contract adds about ₹1,307 crore, before taxes, to the company's work in hand, to be delivered over about three and a half years. Revenue from such an order is recorded as deliveries are made, so it would be spread over the period.
The filing does not say how this order compares with Bharat Dynamics' total order book or what margin it carries. Shareholders may want to follow the company's quarterly results and order book disclosures for how orders of this size are converted into revenue.
Reference: Original filing (PDF)
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