Bharat Heavy Electricals

Market Cap

69,700.46 Cr

EPS

0.81

PE Ratio

130.94

Dividend Yield

0.13 %

Industry

Capital Goods

52 Week High

335.35

52 Week low

183.19

PB Ratio

2.81

Debt to Equity

0.29

Sector

Electrical Equipment

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Analyst Rating

- By Refinitiv from19 analysts

Analysts have suggested that investors can sell this stock

Buy36.84 %

36.84 %

Hold10.53 %

10.53 %

Sell52.63 %

52.63 %

Company News

View All News

Bharat Heavy Electricals Ltd: Faces $3.1 Million Arbitration Claim, Stock Slumps2 days ago

BHEL's Ranipet unit received arbitration claims totaling $3.1 million from Ducon Technologies Inc. and Ducon Infratechnologies Ltd. The company's stock fell 5.1% following the news. An arbitrator has been appointed by the Indian Council of Arbitration to handle the case.

Bharat Heavy Electricals Ltd: Analyst Warns of Extreme Overvaluation3 days ago

Sanjeev Prasad of Kotak Institutional Equities states BHEL is extremely overvalued with a fair value below ₹100 per share, implying a 50% downside. BHEL received a ₹6,700 crore order from SCCL for an 800 MW thermal power unit. Q3 results show 170% profit growth to ₹124 crore and 32% revenue growth to ₹7,277 crore. Order book grew 47% YoY to ₹1.6 lakh crore.

BHEL Receives Letter of Intent for 800 MW Power Project3 days ago

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LoI) from Singareni Collieries Company Limited (SCCL) for a 1x800 MW power project. The order is valued at 67 billion rupees.

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Siemens	5,025.90	1,78,982.60	77.69	23,165.00	15.54	2,718	21.53	32.53
ABB	5,344.65	1,13,257.61	57.91	10,748.20	22.88	1,248	25.39	29.29
CG Power & Industrial Solutions	595.80	91,071.19	95.09	8,152.20	15.79	871	-68.18	43.01
Suzlon Energy	54.88	74,896.54	62.98	6,567.50	9.64	660	91.03	48.19
Bharat Heavy Electricals	200.17	69,700.46	130.94	24,439.00	2.45	282	123.38	43.88
Waaree Energies	2,309.30	66,342.31	44.99	11,632.80	69.56	1,274	260.01	42.45
Hitachi Energy	11,297.65	47,881.33	143.23	5,246.80	17.02	164	497.39	36.72
Premier Energies	986.15	44,453.11	59.05	3,171.30	116.74	231	490.74	45.71
Thermax	3,328.55	39,661.77	64.23	9,556.00	15.83	643	-52.05	43.03
GE Vernova T&D	1,425.45	36,498.15	71.98	3,190.50	13.66	181	189.45	25.48

Growth Rate

Revenue Growth

2.45 %

Net Income Growth

-56.86 %

Cash Flow Change

-401.27 %

ROE

-57.09 %

ROCE

-21.89 %

EBITDA Margin (Avg.)

-21.52 %

Quarterly Financial Results

Quarterly Financials	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024	Dec 2024
Revenue	5,971	6,761	7,352	10,036	4,557	6,170	5,616	4,741	1,997	3,554	4,302	6,836	2,798	5,007	5,023	7,731	4,533	5,154	5,050	7,944	5,133	5,317	5,622	8,430	5,596	6,712	7,403
Expenses	5,765	6,641	7,122	8,987	4,802	5,962	5,354	5,610	3,050	4,329	4,632	8,439	3,377	5,142	5,047	6,910	4,842	5,447	5,119	7,178	5,182	5,279	5,287	7,532	5,654	6,309	6,973
EBITDA	205	120	230	1,049	-245	209	262	-869	-1,053	-776	-329	-1,603	-579	-136	-24	822	-309	-292	-70	766	-48	38	335	898	-58	403	430
Operating Profit %	1 %	-0 %	-0 %	9 %	-9 %	1 %	2 %	-22 %	-61 %	-26 %	-10 %	-25 %	-24 %	-5 %	-3 %	9 %	-9 %	-11 %	-4 %	8 %	-4 %	-3 %	4 %	9 %	-3 %	4 %	4 %
Depreciation	176	52	113	134	115	120	115	154	119	115	113	127	111	43	74	86	67	59	63	73	60	60	61	68	59	60	68
Interest	64	69	58	97	108	119	140	141	115	95	86	79	84	90	86	96	98	123	139	161	168	180	190	193	162	201	184
Profit Before Tax	110	172	280	1,278	-347	167	229	-709	-1,192	-734	-280	-1,390	-597	-67	33	1,102	-251	-200	53	940	-276	-202	85	636	-279	141	179
Tax	70	86	83	598	-128	46	68	824	-299	-181	-62	-354	-149	-21	6	189	-63	-212	10	282	-72	-139	24	147	-68	35	44
Net Profit	40	85	196	681	-219	121	162	-1,532	-893	-552	-218	-1,036	-448	-47	27	913	-188	12	42	658	-205	-63	60	490	-211	106	135
EPS in ₹	0.11	0.23	0.54	1.88	-0.63	0.35	0.46	-4.40	-2.56	-1.59	-0.62	-2.97	-1.29	-0.13	0.08	2.62	-0.54	0.03	0.12	1.89	-0.59	-0.18	0.17	1.41	-0.61	0.30	0.39

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	70,846	65,321	61,347	63,474	63,934	59,749	55,240	56,244	56,920	59,006
Fixed Assets	4,230	3,969	3,601	3,073	2,971	2,817	2,491	2,399	2,476	2,574
Current Assets	49,041	45,140	42,904	42,143	38,381	32,711	28,343	27,862	29,095	34,546
Capital Work in Progress	2,614	318	168	203	235	314	420	431	354	308
Investments	0	796	757	429	152	162	185	205	235	256
Other Assets	64,003	60,238	56,821	59,769	60,576	56,455	52,144	53,209	53,855	55,867
Total Liabilities	70,846	65,321	61,347	63,474	63,934	59,749	55,240	56,244	56,920	59,006
Current Liabilities	22,727	20,741	20,143	21,868	23,055	22,609	20,357	21,371	23,480	25,333
Non Current Liabilities	13,910	12,265	8,817	9,275	9,982	8,488	8,911	8,366	9,062	9,234
Total Equity	34,209	32,315	32,388	32,331	30,898	28,652	25,972	26,507	24,378	24,439
Reserve & Surplus	33,717	31,825	31,900	31,601	30,208	27,964	25,287	25,810	23,682	23,742
Share Capital	490	490	490	734	696	696	696	696	696	696

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	-2,071	275	-473	1,283	-1,973	608	123	-787	829	274
Investing Activities	650	23	-565	961	1,919	1,877	-43	-1,118	1,481	1,331
Operating Activities	821	374	560	989	-3,860	-2,892	560	660	-741	-3,713
Financing Activities	-3,543	-123	-468	-667	-32	1,622	-394	-330	89	2,656

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024	Dec 2024
Promoter	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %	63.17 %
FIIs	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	7.04 %	8.75 %	9.10 %	9.49 %	7.98 %
DIIs	12.49 %	12.38 %	13.72 %	13.80 %	12.66 %	12.59 %	14.46 %	14.72 %	15.50 %	16.14 %	15.99 %	17.58 %	15.94 %	15.03 %	14.69 %	15.49 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	15.96 %	16.33 %	16.15 %	16.74 %	17.63 %	17.69 %	15.44 %	11.30 %	10.98 %	10.86 %	11.72 %	10.33 %	10.33 %	11.15 %	11.23 %	11.81 %
Others	8.38 %	8.11 %	6.95 %	6.29 %	6.54 %	6.54 %	6.93 %	10.81 %	10.35 %	9.83 %	9.12 %	1.89 %	1.80 %	1.55 %	1.43 %	1.54 %
No of Share Holders	9,86,752	11,46,940	11,38,650	12,04,730	12,81,740	12,87,800	11,92,230	10,27,960	10,16,940	10,12,620	12,27,660	12,65,440	14,99,200	18,80,850	19,95,270	20,83,030