Amusing to see that India’s premier missile manufacturer spends as much on research as our hair oil company.
R & D Expenses in Rs. Crores
| Year | Marico | Bharat Dynamics |
| 2015 | 19.74 | 22.72 |
| 2016 | 27.48 | 29.43 |
| 2017 | 32.55 | 34.71 |
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8 replies on “Bharat Dynamics Vs Marico”
What is your take? Should we buy this or not?
So either Mario is spending tooooo much or Bharat Dynamics is spending tooooo little..
Too Good Research !!
Astounding and unbelievable.
It would be interesting to watch these R&D expenses as a % of sales for both the companies.
BDL is not into R&D. They are production unit.
Defence industries typically spend quite a lot in R&D.
Does it not mean that Marico is spending more ? How does it compare with consumer industry in general?
Rocket science is not great shakes after all.
They have a partnership going with DRDO – a research organization. Its good to see they spend less on research – why should they when DRDO is doing that on their behalf.