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Issue Date:28 July 2017     Price in Rs. R 6500    Price in USD. $ 100

Defence Land Systems India started as a joint venture between Mahindra Group and BAE Systems. The company was incorporated on 04 March 2009. However, BAE pulled out of the JV in 2013. The JV makes infantry combat vehicles.


 As a result of the pullout, the company may have stagnated a bit. For the year ended Mar’16, the company reported revenue of INR 200m (~USD 3.1m) and loss of INR 90m (-USD 1.4m).

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details


  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
  • Ratios


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