On April 02, 2025, Bharat Dynamics shared a copy of the press release issued to the media, highlighting the key performance figures for FY 2024-25 (Provisional & Unaudited).

Revenue Growth

Bharat Dynamics Limited (BDL) recorded a provisional and unaudited turnover of over ₹3,300 crore in FY 2024-25, compared to ₹2,369 crore in the previous year. This marks a strong growth of around 40%.

Record Export Revenue

The company achieved its highest-ever export turnover of over ₹1,200 crore in FY 2024-25, a massive increase from ₹161 crore in the previous year. This represents a record growth of over 640%.

New Orders and Order Book

During the year, BDL secured new orders worth ₹6,668 crore. As of April 1, 2025, its provisional and unaudited order book stands at approximately ₹22,700 crore.

About Bharat Dynamics

Bharat Dynamics (BDL), a Government of India enterprise, specialises in producing guided missiles and defence equipment. BDL manufactures and supplies guided missiles, underwater weapons, and airborne defence systems for the Indian Armed Forces. Additionally, it provides lifecycle support for its products, along with refurbishment and life extension services for older missiles in the military’s inventory.

As of April 3, 2025, at 9:44 AM IST, Bharat Dynamics share price is trading at ₹1,315.45, up ₹21.90 (1.69%) for the day. The stock opened at ₹1,305.00, reached a high of ₹1,323.20, and a low of ₹1,291.15. Bharat Dynamics has a market cap of ₹48,200 crore, a P/E ratio of 85.23, and a dividend yield of 0.34%. Over the past 52 weeks, the stock has hit a high of ₹1,794.70 and a low of ₹842.50.

Conclusion

Bharat Dynamics’ impressive growth highlights its strong position in India’s defense sector, with expanding exports and a robust order pipeline driving future prospects.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

According to the Global Power Index, India ranks fourth in military strength with a firepower score of 0.0979, where a score of 0.0 represents perfect capability. The Indian government has set a defence production target of US$ 25 billion by 2025, with US$ 5 billion expected from exports.

As one of the world’s largest defence spenders, India allocated US$ 74.8 billion (₹6.21 lakh crore) for defence in its budget, making up 13.04% of the total budget. This represents a 4.72% increase from the 2023-24 budget and an 18.35% rise from 2022-23. In 2022, India’s military expenditure stood at US$ 81.4 billion, ranking fourth globally, with a 6% increase from the previous year.

For FY 2023-24, India’s defence production was valued at ₹1,27,265 crore (US$ 15.37 billion), with public sector undertakings (PSUs) contributing ₹74,434 crore (US$ 8.99 billion).

This article explores the top defence stocks in India for April 2025, selected based on their best 5-year CAGR performance.

Best Defence Stocks in India in April 2025 – Based on 5-Year CAGR

Note: The best defence stocks in April, 2025 here is as of April 02, 2025. The stocks are sorted based on the 5Y CAGR. 

Overview of the Defence Stocks in India

1. Nibe Ltd

Founded in 2005, Nibe Ltd focuses on manufacturing critical components for the defence sector, EVs, and software development. The company specialises in fabricating and machining parts for the defence industry, assembling EV components, and driving innovation through its EV division and the BVM R&D Foundation.

In the December 2024 quarter, Nibe Ltd recorded a revenue of ₹138.88 crore and a net profit of ₹2.82 crore, compared to ₹127.22 crore in revenue and ₹9.40 crore in net profit in the September 2024 quarter.

Key metrics:

• Earning per Share (EPS): ₹22.57
• Return On Equity (ROE): 14.92%

2. Sika Interplant Systems Ltd

Sika Interplant Systems Ltd is an engineering-focused company serving India’s Aerospace, Defence, Space, and Automotive sectors. Its key operations include engineered projects and systems, interconnect solutions, electrical module integration, MRO (maintenance, repair, and overhaul) services, and value-added distribution.

In the December 2024 quarter, the company reported a revenue of ₹37.98 crore and a net profit of ₹6.63 crore, reflecting growth from the September 2024 quarter, where revenue was ₹33.24 crore and net profit stood at ₹6.03 crore.

Key metrics:

• EPS: ₹56.73
• ROE: 21.87%

3. Hindustan Aeronautics

Hindustan Aeronautics specialises in manufacturing aircraft and helicopters, along with providing repair and maintenance services. By FY24, its order book expanded to ₹94,000 crore, up from ₹82,000 crore in FY22, with substantial new orders expected in FY25.

For the December 2024 quarter, the company reported a revenue of ₹6,956.93 crore and a net profit of ₹1,432.60 crore. This compares to ₹5,976.55 crore in revenue and ₹1,490.36 crore in net profit in the September 2024 quarter.

Key metrics:

• EPS: ₹129.35
• ROE: 27.83%

4. Bharat Dynamics Limited

Bharat Dynamics Limited (BDL), a government enterprise in India, specialises in manufacturing guided missiles and defence equipment. The company supplies guided missiles, underwater weapons, and airborne defence systems to the Indian Armed Forces.

In the December 2024 quarter, BDL reported a revenue of ₹832.14 crore and a net profit of ₹147.13 crore, reflecting growth from the September 2024 quarter, where revenue was ₹544.77 crore and net profit stood at ₹122.53 crore.

Key metrics:

• EPS: ₹15.43
• ROE: 15.16%

 

Best Defence Stocks in India in April 2025 – Based on Market Cap

Note: The best defence stocks in April, 2025 here is as of April 02, 2025. The stocks are sorted based on the market cap. 

 

Best Defence Stocks in India in April 2025 – Based on Net Profit Margin

Note: The best defence stocks list in April, 2025 here is as of April 02, 2025. The stocks are sorted based on the net profit margin. 

Key Factors to Consider Before Investing in Defence Stocks

• Technological Advancements

India’s defence industry is rapidly evolving with cutting-edge technologies. Investors should focus on companies that prioritize research and development (R&D) to maintain a competitive edge.

• Influence of Geopolitical Risks

Defence stocks are highly sensitive to global events, including border disputes, conflicts, and policy changes. These factors can significantly impact the sector’s stability and profitability.

• Government Policies and Regulations

The defence sector is strictly regulated, with policies governing procurement, licensing, and foreign direct investment (FDI). Investors should evaluate how these regulations affect a company’s growth prospects.

• Increasing Defence Budget

India’s rising defence expenditure presents significant growth opportunities. Companies that align with government investments in equipment, technology, and exports stand to benefit.

Tips for Investing in Defence Stocks

• Understand the Sector: Stay informed about government policies, budget allocations, and technological advancements. 
• Assess Financial Strength: Choose companies with strong balance sheets, stable earnings, and consistent growth. 
• Monitor Global Trends: Geopolitical events and defence industry developments can influence stock performance. 
• Seek Professional Guidance: Consulting a financial expert can help align investments with risk appetite and financial goals. 

Risks of Investing in Defence Stocks

• Geopolitical Uncertainty: Global tensions and conflicts can cause stock price fluctuations. 
• Policy Changes: Shifts in government priorities may impact future growth. 
• Regulatory Challenges: Compliance with stringent regulations can affect operations and profitability. 
• Reliance on Government Contracts: Defence companies often depend on large contracts, making them vulnerable to delays or cancellations. 

Future Prospects of India’s Defence Sector

• Government Backing: Plans to invest ₹6 lakh crore in the sector will fuel expansion. 
• Technological Progress: Innovations in AI, drones, and advanced weaponry will boost competitiveness. 
• Global Partnerships: Increased FDI and collaborations with international firms are strengthening the sector. 
• Export Growth: India’s growing presence in the global defence market offers long-term potential for domestic manufacturers. 

Conclusion

Investing in defence stocks requires a thorough analysis of financial stability, growth potential, and associated risks. A well-informed approach, backed by expert guidance, can help investors navigate this dynamic industry effectively.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India’s largest power producer, NTPC, is looking for international partners to help build nuclear power plants with a total capacity of 15 gigawatts (GW). This is the first major step since India decided to open its tightly regulated nuclear sector to more players.

What NTPC is Looking For

NTPC plans to set up nuclear power plants using pressurised water reactor technology. It is seeking partners who can provide:

• Technology and expertise for building the plants 
• A lifetime supply of nuclear fuel 
• Clearance from their home country’s authorities 
• Compliance with Indian regulations, including licensing for their technology 

India’s Nuclear Energy Laws and Reforms

Under the current Atomic Energy Act of 1962, private companies cannot invest in nuclear power plants. Additionally, strict liability rules under the Civil Liability for Nuclear Damage Act, 2010 have kept foreign firms like GE and Westinghouse from entering the market.

However, in February 2024, India announced plans to amend its nuclear liability law. This move aims to attract private and foreign investments in nuclear energy.

India’s Nuclear Energy Goals

• India’s state-run Nuclear Power Corporation of India Limited (NPCIL) is currently the only nuclear operator with a total capacity of about 8 GW. 
• The government aims to increase nuclear capacity to 20 GW by 2032 and reach 100 GW by 2047. 

NTPC’s Long-Term Vision

NTPC plans to develop 30 GW of nuclear power over the next 20 years, with an estimated investment of $62 billion. This expansion is part of India’s broader strategy to reduce dependence on coal and increase clean energy production.

About NTPC Ltd

NTPC Ltd, along with its subsidiaries, associates, and joint ventures, focuses on generating and supplying bulk power to state utilities. The group also engages in consultancy, project management, energy trading, coal mining, and oil & gas exploration.

As of April 2 at 12:34 p.m., NTPC share price stood at ₹350, down 0.62%.

Conclusion

NTPC’s ambitious nuclear expansion aligns with India’s push for clean energy and reduced reliance on coal. By partnering globally, it aims to accelerate nuclear power growth and meet future energy demands.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Kernex Microsystems share price, a company specialising in railway safety systems, hit the 5% upper circuit for the second straight session on April 2, reaching ₹855.55 per share. This rally follows the company’s recent contract win for the Kavach train safety system.

New ₹85 Crore Order from North Central Railways

On Tuesday, Kernex Microsystems informed investors that its consortium with KEC International secured a contract worth ₹85 crore from North Central Railways, Prayagraj. The project involves the installation of Kavach (Train Collision Avoidance System) with fiber optic connectivity on the Shuteshwar–Dholpur section.

This comes after the company won a ₹325.33 crore order in February from South Eastern Railways for Kavach implementation across train sets.

What is Kavach?

Kavach is an Automatic Train Protection (ATP) system launched in 2020 to enhance railway safety. It automatically applies brakes if the loco pilot fails to react, reducing the risk of collisions. The Indian government has been prioritising Kavach adoption across the railway network.

In December 2024, Kernex Microsystems bagged a ₹2,041 crore order from Chittaranjan Locomotive Works, a unit under the Ministry of Railways.

Stock Soars Over 6,000% in 5 Years

Kernex Microsystems’ stock has delivered massive gains over the years:

• Up 250% in the last 2 years 
• Up 471% in the last 3 years 
• Up 6,243% in the last 5 years 

The stock hit an all-time high of ₹1,584 in December 2024 before declining 45%. However, it has regained momentum recently. From February 2021 to December 2024, the stock surged from ₹29 to ₹1,584, delivering a massive 5,362% return to investors.

About Kernex Microsystems

Founded in 1999, Kernex Microsystems develops railway safety systems, anti-collision devices, and software solutions. The company successfully tested its first Anti-Collision Device (ACD) with Konkan Railway and Indian Railways safety officials.

The company remains a key player in India’s railway modernisation efforts with multiple new orders and strong government backing for railway safety.

Conclusion

Kernex Microsystems continues to gain from India’s railway modernisation push. With multiple Kavach orders and government backing, the stock remains in focus for investors.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Adani Ports and Special Economic Zone Ltd (APSEZ) announced that it handled 41.5 million metric tonnes (MMT) of cargo in March 2025. This marks a 9% year-on-year (YoY) increase and the highest-ever cargo volume recorded by the company. The growth was mainly driven by a 19% YoY increase in container handling and a 5% YoY rise in the liquid & gas segment.

Vizhinjam Port Crosses 100,000 TEUs Milestone

In March, Vizhinjam Port achieved a significant milestone by handling over 100,000 twenty-foot equivalent units (TEUs), further strengthening its role as a key logistics hub.

Mundra Port Becomes First in India to Cross 200 MT Annual Cargo

Mundra Port, operated by APSEZ, handled 200.7 MMT of cargo in FY25, making it the first Indian port to surpass the 200 million tonnes annual volume mark. This milestone underscores Mundra’s growing importance in India’s trade and logistics landscape.

FY25 Performance: Cargo Volume at 450.2 MMT

For the financial year FY25, APSEZ recorded 450.2 MMT in total cargo volume, reflecting a 7% YoY growth. The key drivers were a 20% YoY increase in container handling and a 9% YoY growth in the liquid & gas segment.

Logistics Performance

Rail volume reached 0.64 million TEUs, marking an 8% YoY increase. The GPWIS volume stood at 21.97 MMT, showing a 9% YoY rise. These figures highlight the company’s expanding logistics capabilities.

Financial Highlights

In Q3 FY25, APSEZ reported a net profit of ₹2,520.26 crore, a 14.12% YoY increase. Revenue from operations stood at ₹7,963.55 crore, reflecting a 15.08% YoY growth. The company also upgraded its FY25 EBITDA forecast to ₹18,800-18,900 crore, indicating strong financial performance.

Stock Performance

As of April 2, 2025, at 11:38 AM IST, Adani Ports and Special Economic Zone share price is trading at ₹1,188.00, up 1.13% for the day. The stock opened at ₹1,182.40, reached an intraday high of ₹1,192.00, and touched a low of ₹1,167.35. 

The company has a market capitalisation of ₹2.57 lakh crore, a price-to-earnings (P/E) ratio of 25.36, and a dividend yield of 0.51%. Over the past 52 weeks, the stock has traded between a high of ₹1,621.40 and a low of ₹995.65.

Conclusion

Adani Ports continues its strong growth trajectory, driven by rising container and liquid & gas cargo. With upgraded EBITDA guidance, the company remains on track for sustained expansion.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

On April 2, 2025, Paras Defence & Space Technologies share price rose up to 1.60% to an intraday high of ₹993. The stock gained momentum after the company announced a Memorandum of Understanding (MoU) with MicroCon Vision Ltd., a part of CONTROP and Rafael Group, Israel.

At 10:41 AM, however, the stock was trading 1.16% lower at ₹966.05, while the BSE Sensex was up 0.43% at 76,350.58. The company’s market capitalisation stood at ₹3,892.57 crore, placing it in the BSE SmallCap category.

Details of the MoU

Paras Defence announced in an exchange filing that it has signed an exclusive partnership agreement with MicroCon Vision Ltd. to work together on Micro ISR payloads in India.

• MicroCon Vision specialises in designing, developing, and producing Intelligence, Surveillance, and Reconnaissance (ISR) payloads and Electro-Optical/Infra-Red (EO/IR) Seekers used in drones and UAVs.

About Paras Defence

Paras Defence & Space Technologies is a leading private sector company specialising in defence and space engineering. It operates in 4 key areas:

1. Defence & Space Optics 
2. Defence Electronics 
3. Heavy Engineering 
4. Electromagnetic Pulse (EMP) Protection Solutions 

The company is India’s only supplier of crucial imaging components for space applications, including large-size optics and diffractive gratings.

Clientele and Global Presence

Paras Defence supplies its products and solutions to major government agencies, including:

• IDF, DRDO, BEL, ISRO, HAL, Goa Shipyard, and Mazagon Dock. 

In the private sector, it serves companies such as:

• Godrej, Tata Power, L&T, Kirloskar, TCS, and Solar Industries. 

Internationally, its customers include:

• Israel Aerospace Industries, Rafael Advanced Defence, and Elbit Systems. 

Conclusion

The signing of the MoU with MicroCon Vision Ltd. marks an important step for Paras Defence in strengthening its position in the ISR and UAV market. However, despite the initial rise, the stock later traded lower, reflecting broader market movements.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

On April 2, 2025, CSB Bank share price surged 4.9% to an intraday high of ₹315.65 on the BSE after the bank released its Q4FY25 business update. At 10:04 AM, the stock was trading 2.58% higher at ₹308.6 on NSE, while the BSE Sensex was up 0.44% at 76,357.35. The company’s market capitalisation stood at ₹5,353.77 crore. The stock’s 52-week high is ₹419.7, while the 52-week low is ₹266.05.

Strong Growth in Deposits and Advances

CSB Bank reported a significant rise in total deposits, which increased by 24% year-on-year (YoY) to ₹36,861 crore in Q4FY25, compared to ₹29,719 crore in the same quarter last year. The bank’s Current Account Savings Account (CASA) deposits rose to ₹8,918 crore from ₹8,085 crore a year ago. Meanwhile, term deposits saw a 29% jump, reaching ₹27,943 crore from ₹21,634 crore.

The bank’s gross advances also saw strong growth, rising 29.59% YoY to ₹31,843 crore from ₹24,572 crore. Notably, loans against gold and gold jewellery grew by 35.43% to ₹14,094 crore from ₹10,407 crore in the previous year.

Q3 FY25 Results and Financial Performance

In Q3FY25, CSB Bank reported a flat net profit of ₹152 crore due to higher provisioning costs. However, compared to the previous quarter, net profit grew by 10%.

The bank’s net interest income (NII) declined 2% YoY as interest expenses surged by 43%. On the other hand, other income increased by 75% during the same period.

CSB Bank’s asset quality improved in Q3, with its gross non-performing assets (NPA) ratio declining to 1.58% from 1.68% in the previous quarter. Net NPAs also dropped to 0.64% from 0.69%.

Stock Performance Over the Past Year

Despite the recent surge, CSB Bank’s share price has declined 20% over the past year, while the Sensex has gained 2.8% in the same period.

Conclusion

CSB Bank’s strong Q4 performance, driven by robust deposit and loan growth, has boosted investor confidence. However, the stock remains down 20% over the past year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Godawari Power & Ispat share price dropped 1.92% to an intraday low of ₹186 on April 2, 2025. The decline followed the company’s announcement that mining activities at its Boria Tibu iron ore mine in Chhattisgarh had been temporarily suspended starting April 1, 2025.

Reason for Suspension

In a regulatory filing, Godawari Power & Ispat stated that the mining plan approval for the Boria Tibu mine expired on March 31, 2025. The mine has an annual capacity of 705,000 tonnes per annum (TPA) as per the previous approval by the Indian Bureau of Mines (IBM).

The company has applied for renewal, and the approval is still pending. Operations are expected to resume in about 10 days once the renewal is granted. Godawari Power assured that a formal update will be provided once the clearance is received.

Limited Financial Impact

Despite the suspension, the company clarified that it will not have a major financial impact, as the mine has contributed negligibly to profitability due to high operational costs.

About Godawari Power & Ispat

Established in 1999, Godawari Power & Ispat (GPIL), formerly known as Ispat Godawari Ltd., operates an integrated steel plant with captive power generation.

GPIL is a key player in the steel industry, focusing on mild steel wires and long steel products. The company manages the entire manufacturing process, from raw materials to finished steel products. Its product range includes:

• Sponge iron 
• Billets 
• Ferro alloys 
• Wire rods (via a subsidiary) 
• Steel wires 
• Oxygen gas 
• Fly ash bricks 
• Iron ore and coal mining (for captive use) 

Market Capitalisation & Share Update

As of April 2, 2025, at 10:19 AM IST, Godawari Power and Ispat share price (NSE: GPIL) traded at ₹190.94, up 0.79% for the day. The stock opened at ₹191.50, reached a high of ₹193.00, and hit a low of ₹186.00. 

The company has a market capitalisation of ₹12,770 crore, a P/E ratio of 14.83, and a dividend yield of 0.52%. Over the past year, the stock has ranged between a 52-week high of ₹253.40 and a low of ₹145.75.

Conclusion

While the temporary suspension led to a brief stock dip, the company expects a quick resolution. Given the mine’s minimal impact on profits, long-term effects are unlikely.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.