BRSR for the FY 2025-26

BHARAT DYNAMICS LIMITED (A Govt. of India Enterprise, Ministry of Defence) CIN :- L24292TG1970GOI001353 Corporate Office: - Plot No. 38-39, TSFC Building, Near ICICI Towers, Financial District, Nanakramguda, Hyderabad-500032 Registered Office: - Kanchanbagh, Hyderabad-500058 Tel: 040-23456145; Fax: 040-23456110 E-mail: investors@bdl-india.in; website: https://bdl-india.in Ref - BDL/CS/2026/SE-45 Date: 03/09/2026 To, To, Compliance Department Compliance Department The National Stock Exchange of India Ltd BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Tower, Bandra-Kurla Complex, Bandra (East) Dalal Street, Mumbai- 400051 Mumbai- 400001 Scrip Code- BDL Scrip Code-541143 Sub: Business Responsibility and Sustainability Report - 2025-26 Pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), please find attached herewith the Business Responsibility and Sustainability Report (BRSR) of the Company for the financial year 2025-26. The said report is also uploaded on the website of the company. For Bharat Dynamics Limited N. Nagaraja Company Secretary Business Responsibility & Sustainability Report FY 2025-26 Headquartered in Hyderabad, Bharat Dynamics Limited (BDL), was incorporated on 16 July, 1970 as a Public Sector Undertaking under the Ministry of Defence, Government of India to be the manufacturing base for guided missile systems and allied equipment for the Indian Armed Forces. Since its inception, BDL has been working in collaboration with DRDO & foreign Original Equipment Manufacturers (OEMs) for manufacture and supply of various missiles and allied equipment to Indian Armed Forces. The lead taken by the Nation to develop indigenous, sophisticated and contemporary missiles through the Integrated Guided Missile Development Programme (IGMDP), gave BDL an opportunity to be closely involved in the programme, wherein it was identified as the Prime Production Agency. This opened up a plethora of opportunities to assimilate advanced manufacturing and programme management technologies and skills. Today, BDL has evolved as one among the few industries in the world having state-of-the-art facilities for manufacture and supply of Guided Missiles, Underwater Weapons, Air- borne products and allied defence equipment for the Indian Armed Forces. The Company also offers Product Life Cycle Support and Refurbishment / Life Extension of vintage Missiles. BDL has graduated from being a missile manufacturer to a Weapon System Integrator and has emerged as a complete solution provider for the Indian Armed Forces. BDL has three manufacturing units, out of which two are located in Telangana State (Hyderabad and Bhanur) and one at Andhra Pradesh (Visakhapatnam). As a part of expansion plan, the Company is in the process of setting up of additional manufacturing facilities at Ibrahimpatnam (near Hyderabad), Amravati in Maharashtra and Jhansi in UP which will be used to manufacture Surface to Air Missiles (including new generation Missiles), VSHORAD rockets and propellants for various Anti-Tank Guided Missiles (ATGMs) respectively. BDL has been constantly working towards upgrading its manufacturing technologies and processes to state-of-the-art including industry 4.0/ QA 4.0, Robotics operated workshops, latest Surface Mounted Devices assembly lines and has always maintained highest quality standards in its products by adopting to best QA practices like AS 9100, etc. The pursuit has resulted in reduction in production cost, benchmarking of productivity norms and modernisation of management system and less dependence on imported technology. The ‘ease of doing business’ approach adopted by the Government of India has paved the way to create a congenial ecosystem for the company to manufacture products indigenously and offer its products/services to the customers, both, the Indian Armed Forces and the global buyers. During last few years, the Company has forayed into international market by offering its products to friendly foreign countries. BDL, with its over five decades of missile and allied defence equipment manufacturing experience, skill-sets developed and state-of-the-art infrastructure, is poised to enter new avenues of manufacturing covering a wide range of weapon systems such as Air-to-Air Missiles, Air-to-Surface Missiles, Air Defence Systems, Underwater Weapons and Mines. The quest for technological excellence has been the guiding principle of BDL and living up to the sobriquet, ‘THE FORCE BEHIND PEACE’. PRINCIPLE 1 Ethics, Transparency & Accountability PRINCIPLE 2 Product Life Cycle Sustainability PRINCIPLE 3 Employee Well Being PRINCIPLE 4 Stakeholder Engagement PRINCIPLE 5 Human Rights PRINCIPLE 6 Environment PRINCIPLE 7 Policy Advocacy PRINCIPLE 8 Inclusive Growth and Equitable Development PRINCIPLE 9 Customer Value Creation SECTION A: GENERAL DISCLOSURES I) Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed Entity: L24292TG1970GOI001353 2. Name of the Listed Entity: Bharat Dynamics Limited 3. Year of incorporation: 1970 4. Registered office address: Kanchanbagh, Hyderabad, Telangana 500058 5. Corporate address: Plot No.38-39, TSFC Building, Near ICICI Towers, Financial District, Nanakramguda, Hyderabad, Telangana 500032 6. E-mail: investors@bdl-india.in 7. Telephone: 040-23456174 8. Website: https://bdl-india.in 9. Financial year for which reporting is being done: April 2025 – March 2026 10. Name of the Stock Exchange(s) where shares are listed: BSE Limited and National Stock Exchange of India Limited 11. Paid-up Capital: `1,83,28,12,500 12. Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the BRSR report: N Nagaraja, Company Secretary Email: investors@bdl-india.in Contact Number: 040-23456145 13. Reporting boundary - Are the disclosures under this report made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together): Standalone 14. Name of assurance provider: Sustainability Actions Private Limited 15. Type of assurance obtained: Reasonable Assurance – BRSR Core II) Products/services 16. Details of business activities (accounting for 90% of the turnover): Sl. % of Turnover of Description of Main Activity Description of Business Activity No. the entity 1 Manufacturing of Weapon Systems Missiles, Underwater weapons and Allied Defence Equipments 93.71 % 2 Repairs & Maintenance Repairs & Overhauls and Job work 6.29 % 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): Sl. % of total Turnover Product/Service NIC Code No. contributed 1 Manufacturing of Weapon Systems 25200 93.71% III) Operations 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National 3 2 5 International 0 0 0 19. Markets served by the entity: a. Number of locations Locations Number National (No. of States) Entire Indian Territory through Defence Forces International (No. of Countries) 2 b. What is the contribution of exports as a percentage of the total turnover of the entity? - 28.76 % c. A brief on types of customers: BDL supplies to both national and international customers catering to Defence. The majority of the Company’s supplies are to the Indian Armed forces namely Indian Army, Indian Navy and Indian Air Force. IV) Employees 20. Details as at the end of Financial Year: Employees and workers (including differently abled): S. Total Male Female Particulars No. (A) No. (B) % (B / A) No. (C) % (C / A) EMPLOYEES 1. Permanent (D) 743 631 84.93 112 15.07 2. Other than Permanent (E) 563 407 72.29 156 27.71 3. Total employees (D + E) 1306 1038 79.48 268 20.52 WORKERS 4. Permanent (F) 1358 1198 88.22 160 11.78 5. Other than Permanent (G) 1586 13 [Showing first 8,000 characters — download PDF for full document]