BDL

Revenue & Profit (Recent Fiscal) Revenue growth strong: annual revenue increased 35% in FY 2025 vs FY 2024. Net profit slightly lower: profit dipped 10% in FY 2025 vs FY 2024 despite revenue growth, reflecting compression in margins or higher costs. Balance Sheet & Ratios Debt-free/near zero leverage, which is a strong risk buffer and enhances financial stability. ROE & ROCE moderate to strong, suggesting efficient capital use. Dividend yield modest (0.3–0.4%). Bottom line: The core business fundamentals are solid with strong order book visibility and financial health, but recent profit volatility and high valuation metrics are points of caution.