| 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 | Mar 2025 | Jun 2025 |
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 | 9,153 | 5,672 |
| 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 | 8,162 | 6,024 |
| 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 | 991 | -352 |
| 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 % | 9 % | -10 % |
| 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 | 85 | 75 |
| 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 | 201 | 181 |
| 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 | 704 | -608 |
| 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 | 200 | -153 |
| 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 | 505 | -456 |
| 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 | 1.45 | -1.31 |
Bharat Heavy Electricals
Bharat Heavy Electricals
211.09
-5.88
(-2.71%)
There are new updates from the company1 day ago
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Market Cap
75,550.30 Cr
EPS
1.53
PE Ratio
261.33
Dividend Yield
0.23 %
Industry
Capital Goods52 Week High
291.10
52 Week Low
176.00
PB Ratio
3.06
Debt to Equity
0.36
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
Company News
View All News
DRDO has handed over the production of high strength radomes to BHEL's Jagdishpur facility. These radomes will serve as protective covers for missile sensors.
Bharat Heavy Electricals Limited (BHEL) has accepted a Letter of Intent from MB Power for an 800 MW power project valued at approximately Rs 26 billion. The agreement represents a significant contract win for the state-owned engineering company in the power generation sector.
BHEL received a favorable appellate order that quashed a ₹31.2 crore CGST demand. The appellate authority ruled in favor of the company, eliminating this tax liability.
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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 |
|---|---|---|---|---|---|---|---|---|
3,154.40 | #1 1,14,382.30 | 66.37 | 12,193.00 | 15.54 | 1,606 | -26.76 | 52.14 | |
740.20 | 1,12,127.40 | 115.16 | 10,070.80 | 23.53 | 973 | 10.66 | 71.35 | |
5,162.80 | 1,09,946.50 | 61.12 | 12,541.70 | 16.69 | 1,875 | 25.39 | 45.96 | |
3,201.10 | 92,620.10 | 41.69 | 14,444.50 | 69.56 | 1,969 | 92.70 | 52.27 | |
18,925.00 | 85,574.50 | 169.41 | 6,442.10 | 22.78 | 384 | #1 1,165.38 | 42.33 | |
57.42 | 79,418.50 | #1 37.66 | 10,993.10 | 9.64 | #1 2,072 | 7.28 | 37.88 | |
211.09 | #7 75,550.30 | #10 261.33 | #1 28,804.80 | #5 17.86 | #9 534 | #10 -115.47 | 35.52 | |
2,712.20 | 72,138.60 | 94.27 | 4,354.90 | 13.66 | 608 | 116.51 | 50.17 | |
1,012.50 | 46,206.60 | 44.17 | 6,652.10 | #1 116.74 | 937 | 55.30 | 47.82 | |
3,341.90 | 38,845.00 | 57.88 | 10,640.90 | 11.35 | 627 | 38.39 | 48.70 |
Forecast
Actual
Growth Rate
Revenue Growth
17.86 %
Net Income Growth
89.19 %
Cash Flow Change
159.03 %
ROE
87.83 %
ROCE
29.76 %
EBITDA Margin (Avg.)
25.11 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 70,846 | 65,321 | 61,347 | 63,474 | 63,934 | 59,749 | 55,240 | 56,244 | 56,920 | 59,002 | 68,083 |
| Fixed Assets | 4,230 | 3,969 | 3,601 | 3,073 | 2,971 | 2,817 | 2,491 | 2,399 | 2,476 | 2,574 | 2,947 |
| Current Assets | 49,041 | 45,140 | 42,904 | 42,143 | 38,381 | 32,711 | 28,343 | 27,862 | 29,095 | 34,542 | 42,760 |
| Capital Work in Progress | 2,614 | 318 | 168 | 203 | 235 | 314 | 420 | 431 | 354 | 308 | 195 |
| Investments | 0 | 796 | 757 | 429 | 152 | 162 | 185 | 205 | 235 | 256 | 276 |
| Other Assets | 64,003 | 60,238 | 56,821 | 59,769 | 60,576 | 56,455 | 52,144 | 53,209 | 53,855 | 55,864 | 64,665 |
| Total Liabilities | 70,846 | 65,321 | 61,347 | 63,474 | 63,934 | 59,749 | 55,240 | 56,244 | 56,920 | 59,002 | 68,083 |
| Current Liabilities | 22,727 | 20,741 | 20,143 | 21,868 | 23,055 | 22,609 | 20,357 | 21,371 | 23,480 | 25,247 | 28,226 |
| Non Current Liabilities | 13,910 | 12,265 | 8,817 | 9,275 | 9,982 | 8,488 | 8,911 | 8,366 | 9,062 | 9,316 | 15,135 |
| Total Equity | 34,209 | 32,315 | 32,388 | 32,331 | 30,898 | 28,652 | 25,972 | 26,507 | 24,378 | 24,439 | 24,722 |
| Reserve & Surplus | 33,717 | 31,825 | 31,900 | 31,601 | 30,208 | 27,964 | 25,287 | 25,810 | 23,682 | 23,742 | 24,026 |
| Share Capital | 490 | 490 | 490 | 734 | 696 | 696 | 696 | 696 | 696 | 696 | 696 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -2,071 | 275 | -473 | 1,283 | -1,973 | 608 | 123 | -787 | 829 | 274 | -1,396 |
| Investing Activities | 650 | 23 | -565 | 961 | 1,919 | 1,877 | -43 | -1,118 | 1,481 | 1,331 | -2,731 |
| Operating Activities | 821 | 374 | 560 | 989 | -3,860 | -2,892 | 560 | 660 | -741 | -3,713 | 2,192 |
| Financing Activities | -3,543 | -123 | -468 | -667 | -32 | 1,622 | -394 | -330 | 89 | 2,656 | -857 |
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 | Mar 2025 | Jun 2025 |
| 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 % | 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 % | 7.19 % | 6.36 % |
| 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 % | 16.35 % | 18.45 % |
| 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 % | 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 % | 11.77 % | 10.69 % |
| 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 % | 1.52 % | 1.32 % |
| 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 | 21,20,570 | 19,83,220 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 1.58 | 1.82 | 2 | 0.00 | 0.00 | 0.4 | 0.4 | 0.25 | 0.5 |
| Dividend Yield (%) | 0.00 | 1.94 | 2.43 | 9.62 | 0.00 | 0.00 | 0.57 | 0.16 | 0.12 | 0.23 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 30 Sept 2017 |  Bonus | 1:2 | 28 Sept 2017 | 0.00 | 0.00 |
| 16 Sept 2022 |  Dividend | ₹ 0.40 /share | 15 Sept 2022 | 53.15 | 61.70 |
| 11 Aug 2023 | Dividend | ₹ 0.40 /share | 11 Aug 2023 | 81.87 | 99.85 |
| 09 Aug 2024 | Dividend | ₹ 0.25 /share | 09 Aug 2024 | 310.05 | 297.85 |
| 22 Aug 2024 |  Annual General Meeting | NA | 22 Aug 2024 | 308.60 | 296.55 |
| 28 Oct 2024 |  Quarterly Result Announcement | NA | 28 Oct 2024 | 269.80 | 216.95 |
| 28 Jan 2025 | Quarterly Result Announcement | NA | 28 Jan 2025 | 216.38 | 194.54 |
| 16 May 2025 | Quarterly Result Announcement | NA | 16 May 2025 | 226.84 | 245.68 |
| 01 Aug 2025 | Dividend | ₹ 0.50 /share | 01 Aug 2025 | 245.68 | 238.30 |
| 06 Aug 2025 | Quarterly Result Announcement | NA | 06 Aug 2025 | 250.50 | 248.25 |
| 19 Aug 2025 | Annual General Meeting | NA | 19 Aug 2025 | 251.90 | 216.65 |
Announcements
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
1 day ago
1 day agoRevised Declaration Regarding Dissolution Of Joint Venture Company2 days ago
2 days agoReceipt Of An Order From Commissioner CGST(Appeal)/Dehradun2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Updates on Joint Venture3 days ago
3 days agoAnnouncement Under Regulation 303 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Change in Management10 days ago
10 days agoAppointment Of M/S Akhil Rohatgi & Co. As Secretarial Auditors Of BHEL For Fys 2025-26 To 2029-30Aug 19, 2025
Aug 19, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 19, 2025
Aug 19, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 07, 2025
Aug 07, 2025BHEL Q1 FY 2025-26 Results Supplementary InformationAug 06, 2025
Aug 06, 2025Financial Results For The Quarter Ended June 2025Aug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Credit RatingAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 27, 2025
Jul 27, 2025Business Responsibility and Sustainability Reporting (BRSR)Jul 26, 2025
Jul 26, 2025Reg. 34 (1) Annual Report.Jul 26, 2025
Jul 26, 2025Notice Of 61St AGM & E-Voting InformationJul 26, 2025
Jul 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 25, 2025
Jul 25, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 25, 2025
Jul 25, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 25, 2025
Jul 25, 2025Intimation Of Revised Dates Of 61St Annual General Meeting Of BHEL & Record Date For Final Dividend For FY 2024-25
Jul 24, 2025
Jul 24, 2025Corporate Action-Board to consider DividendJul 24, 2025
Jul 24, 2025Intimation Of Revised Dates Of 61St Annual General Meeting Of BHEL & Record Date For Final Dividend For FY 2024-25
Jul 24, 2025
Jul 24, 2025Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended 30Th June 2025Jul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 21, 2025
Jul 21, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Jul 08, 2025Rescheduling Of 61St Annual General Meeting Of BHEL & Record Date For Final Dividend For FY 2024-25
Jul 02, 2025
Jul 02, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJun 27, 2025
Jun 27, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 25, 2025
Jun 25, 2025Intimation Of Record Date For Final Dividend For FY 2024-25Jun 19, 2025
Jun 19, 2025Intimation Of Date Of Annual General MeetingJun 19, 2025
Jun 19, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 11, 2025
Jun 11, 2025Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations 2015May 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 28, 2025
May 28, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 25, 2025
May 25, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 17, 2025
May 17, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 17, 2025
May 17, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 17, 2025
May 17, 2025BHEL Q4 FY 2024-25 Results Supplementary InformationMay 16, 2025
May 16, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 16, 2025
May 16, 2025Board Meeting Outcome for Outcome Of Board MeetingMay 16, 2025
May 16, 2025Audited Financial Results (Standalone And Consolidated) For The Quarter & Year Ended 31St March 2025 And Declaration Of Final Dividend For FY 2024-25
May 16, 2025
May 16, 2025Audited Financial Results (Standalone And Consolidated) For The Quarter & Year Ended 31St March 2025 And Declaration Of Final Dividend For FY 2024-25<BR> <BR>May 16, 2025
May 16, 2025Clarification Regarding A News ReportMay 10, 2025
May 10, 2025Clarification Sought from Bharat Heavy Electricals LtdMay 09, 2025
May 09, 2025Receipt Of An Order From CESTAT DelhiMay 09, 2025
May 09, 2025Board Meeting Intimation for (I) Audited Financial Results For The Quarter & Year Ended 31St March 2025 And (Ii) Final Dividend For FY 2024-25May 02, 2025
May 02, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 01, 2025
May 01, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateApr 30, 2025
Apr 30, 2025Technical Indicators
RSI(14)
Neutral 40.60
ATR(14)
Volatile 6.03
STOCH(9,6)
Neutral 42.40
STOCH RSI(14)
Overbought 100.00
MACD(12,26)
Bullish 0.98
ADX(14)
Strong Trend 40.81
UO(9)
Bearish 43.94
ROC(12)
Uptrend And Accelerating 0.16
WillR(14)
Neutral -43.25
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Taurus Mid Cap Fund Direct - Growth About Bharat Heavy Electricals
Bharat Heavy Electricals Limited (BHEL) is an Indian engineering and manufacturing company specializing in power generation equipment and systems. It operates in two main segments: Power and Industry. The Power segment focuses on thermal, gas, hydro, nuclear and solar power plants, as well as related services and new technologies. The Industry segment provides equipment and EPC services for transportation, transmission, defense, aerospace, captive power, process industries, renewables, oil & gas, and energy storage. BHEL has a wide product range covering power generation, transmission, transportation, defense, and other sectors. The company has manufacturing facilities across India and has executed projects in over 80 countries. BHEL is known for its capabilities in supercritical thermal power technology and has commissioned numerous power plants and substations.
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Chairperson NameShri K Sadashiv Murthy
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