Bharat Heavy Electricals

Market Cap (₹ Cr.)

₹92,222

52 Week High

335.35

Book Value

₹70

52 Week Low

113.50

PE Ratio

391.79

PB Ratio

3.77

PE for Sector

75.42

PB for Sector

12.34

ROE

1.15 %

ROCE

3.98 %

Dividend Yield

0.09 %

EPS

₹0.29

Industry

Capital Goods - Electrical Equipment

Sector

Electric 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%

Growth Rate

Revenue Growth

2.45 %

Net Income Growth

-56.86 %

Cash Flow Change

-401.27 %

ROE

-56.96 %

ROCE

-10.43 %

EBITDA Margin (Avg.)

-21.52 %

Financial Results

Quarterly Financials	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	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
Revenue	12,761	4,859	6,315	5,498	10,439	5,861	6,797	6,457	10,007	5,754	6,682	6,834	10,350	6,114	6,932	7,563	10,492	4,677	6,361	5,831	5,171	2,086	3,800	4,537	7,255	2,976	5,186	5,227	8,189	4,752	5,427	5,362	8,339	5,126	5,322	5,608	8,425	5,595
Expenses	11,074	4,551	6,379	6,939	9,111	5,541	6,446	6,097	9,211	5,380	6,292	6,401	8,921	5,648	6,539	7,118	8,986	4,798	5,959	5,351	5,584	3,050	4,328	4,631	8,435	3,375	5,141	5,047	6,910	4,842	5,446	5,119	7,178	5,182	5,513	5,287	7,532	5,654
EBITDA	1,688	308	-64	-1,441	1,328	320	351	360	796	374	390	433	1,430	466	392	445	1,506	-121	403	480	-414	-963	-528	-94	-1,180	-399	45	180	1,280	-90	-19	243	1,161	-56	-191	321	893	-59
Operating Profit %	10 %	-6 %	-9 %	-33 %	6 %	-1 %	1 %	1 %	2 %	0 %	-1 %	1 %	9 %	2 %	1 %	-0 %	9 %	-9 %	1 %	2 %	-22 %	-61 %	-26 %	-10 %	-25 %	-24 %	-5 %	-3 %	9 %	-9 %	-11 %	-4 %	8 %	-4 %	-11 %	-0 %	9 %	-3 %
Depreciation	282	243	225	225	243	218	208	209	214	200	187	182	217	176	52	112	134	115	119	114	154	118	115	113	127	111	43	74	86	67	59	62	73	60	60	61	68	59
Interest	27	3	4	5	347	6	5	26	314	66	55	61	73	64	69	58	97	108	119	139	141	115	95	86	78	84	90	86	96	98	123	139	161	168	180	190	193	162
Profit Before Tax	1,379	63	-293	-1,672	738	97	138	125	269	108	147	190	1,140	226	272	275	1,275	-344	165	226	-709	-1,196	-737	-293	-1,385	-594	-88	20	1,098	-255	-201	41	927	-284	-431	70	631	-280
Tax	491	12	-113	-587	337	31	195	91	-19	80	132	-15	382	104	43	5	583	0	0	0	2	0	2	9	4	0	0	0	-77	0	-160	0	48	0	-89	6	-30	3
Net Profit	888	50	-181	-1,085	506	78	109	94	216	81	115	153	457	156	185	192	676	-216	119	159	-1,534	-897	-556	-231	-1,033	-445	-67	14	909	-192	10	31	645	-212	-233	46	484	-213
EPS in ₹	3.63	0.21	-0.74	-4.43	2.07	0.32	0.44	0.25	0.88	0.33	0.31	0.42	1.25	0.42	0.50	0.52	1.86	-0.62	0.34	0.46	-4.41	-2.58	-1.60	-0.66	-2.97	-1.28	-0.19	0.04	2.61	-0.55	0.03	0.09	1.85	-0.61	-0.67	0.13	1.39	-0.61

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	68,467	65,163	61,230	63,718	64,431	60,236	55,701	56,708	57,354	59,417
Fixed Assets	4,141	3,962	3,596	3,069	2,967	2,814	2,488	2,398	2,476	2,574
Current Assets	48,538	45,125	42,894	42,138	38,372	32,704	28,334	27,862	29,095	34,546
Capital Work in Progress	518	318	168	203	235	314	420	431	354	308
Investments	0	664	661	691	669	670	670	670	670	668
Other Assets	63,809	60,218	56,805	59,756	60,559	56,438	52,123	53,209	53,855	55,867
Total Liabilities	34,383	32,982	28,936	31,117	32,999	31,055	29,217	29,737	32,542	34,567
Current Liabilities	22,160	20,724	20,126	21,907	23,030	22,579	20,319	21,371	23,480	25,333
Non Current Liabilities	12,222	12,258	8,810	9,210	9,969	8,475	8,898	8,366	9,062	9,234
Total Equity	34,085	32,181	32,294	32,601	31,432	29,181	26,484	26,971	24,812	24,851
Reserve & Surplus	33,595	31,692	31,805	31,867	30,735	28,485	25,788	26,275	24,116	24,154
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	-2,060	274	-474	1,284	-1,973	607	124	-795	829	274
Investing Activities	464	51	-566	964	1,915	1,877	-43	-1,125	1,480	1,331
Operating Activities	775	347	562	991	-3,856	-2,892	560	660	-741	-3,713
Financing Activities	-3,300	-124	-470	-671	-32	1,622	-393	-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
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 %
FIIs	4.47 %	4.67 %	4.31 %	3.86 %	4.00 %	4.22 %	4.80 %	8.48 %	8.58 %	7.76 %	7.23 %	7.04 %	8.75 %	9.10 %
DIIs	12.50 %	12.39 %	13.73 %	13.80 %	12.66 %	12.59 %	14.46 %	14.90 %	15.50 %	16.36 %	15.99 %	17.58 %	16.02 %	15.03 %
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 %
Public / Retail	19.87 %	19.76 %	18.79 %	19.17 %	20.17 %	20.02 %	17.56 %	13.45 %	12.75 %	12.71 %	13.61 %	12.21 %	12.06 %	12.71 %

Show % Change

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	6,740.30	2,40,883.30	98.04	20,079.70	22.86	1,962	26.83	44.69
ABB	7,785.25	1,66,786.72	103.63	10,748.19	22.88	1,248	25.37	50.97
CG Power & Industrial Solutions	743.25	1,11,732.48	124.32	8,152.24	15.79	871	18.35	61.07
Suzlon Energy	80.82	1,10,944.88	120.59	6,567.51	9.64	660	199.59	58.96
Bharat Heavy Electricals	265.30	92,222.45	391.79	24,439.05	2.45	282	-3.27	36.34
Hitachi Energy	12,927.20	55,700.75	324.27	5,246.78	17.02	164	332.37	61.80
Premier Energies	1,134.85	50,164.43	217.35	3,171.31	116.74	231	-	-
GE T&D	1,691.40	43,195.64	150.36	2,807.15	-9.20	-1	376.42	51.64
Apar Industries	9,990.45	40,663.19	48.98	16,239.41	12.98	825	2.59	63.54
Inox Wind	248.65	31,910.36	370.83	1,799.32	138.52	-51	287.70	69.19