| 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 |
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 |
| 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 |
| 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 |
| 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 % |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Bharat Heavy Electricals
Bharat Heavy Electricals
240.15
-10.90
(-4.34%)
There are 3 new updates from the company1 day ago
View
Market Cap
87,417.20 Cr
EPS
1.53
PE Ratio
163.99
Dividend Yield
0.20 %
Industry
Capital Goods52 Week High
327.00
52 Week Low
176.00
PB Ratio
3.53
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
Company News
View All News
BHEL has announced changes in its senior management. Sanjay Guha has been appointed as General Manager & Head of Project Management Group (PMG), PS-BG-I, Noida, effective July 25, 2025. He will report to Director (Power), BHEL. Guha holds a BE in Electrical Engineering and joined BHEL on April 5, 2011, bringing 14 years of service experience. Additionally, Sibaprasad Gangopadhyay, Executive Director (PMG), PS-BG I, Noida, superannuated from the company on June 24, 2025.
BHEL Reschedules 61st AGM to August 19, 2025; Sets Record Date for Rs. 0.50 Final Dividend
2 days ago
2 days agoBHEL has rescheduled its 61st Annual General Meeting to August 19, 2025 at 10 A.M. IST, to be conducted through video conferencing. The company has set August 1, 2025 as the record date for determining shareholder eligibility for a final dividend of Rs. 0.50 per share for FY 2024-25, representing 25% of paid-up equity share capital. The dividend requires shareholder approval at the AGM and will be paid within 30 days of declaration, by September 17, 2025. Remote e-voting will be available from August 16-18, 2025, with August 12, 2025 as the cut-off date for voting eligibility.
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 |
|---|---|---|---|---|---|---|---|---|
5,643.00 | #1 1,20,766.60 | 63.95 | 12,541.70 | 16.69 | 1,875 | 25.39 | 39.03 | |
3,038.20 | 1,11,430.10 | 59.29 | 23,165.00 | 15.54 | #1 2,718 | -27.46 | 35.18 | |
662.55 | 1,04,030.90 | 106.82 | 10,070.80 | 23.53 | 973 | 10.66 | 43.26 | |
3,198.20 | 93,151.60 | 49.81 | 14,444.50 | 69.56 | 1,969 | 35.63 | 58.83 | |
63.62 | 89,457.10 | #1 42.97 | 6,567.50 | 9.64 | 660 | #1 364.78 | 42.09 | |
19,330.00 | 88,164.10 | 229.69 | 6,224.09 | 17.02 | 358 | 61.74 | 51.95 | |
240.15 | #7 87,417.20 | #9 163.99 | #1 28,339.50 | #10 2.45 | #6 722 | #9 3.04 | 32.81 | |
2,436.50 | 64,549.30 | 106.08 | 4,292.30 | 13.66 | 592 | 181.30 | 56.73 | |
1,089.10 | 49,657.30 | 52.96 | 6,518.75 | #1 116.74 | 876 | 167.12 | 55.96 | |
3,739.00 | 45,879.90 | 72.00 | 10,640.90 | 15.83 | 627 | 9.59 | 57.95 |
Forecast
Actual
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
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 | 59,006 | 68,083 |
| Fixed Assets | 4,230 | 3,969 | 3,601 | 3,073 | 2,971 | 2,817 | 2,491 | 2,399 | 2,476 | 2,574 | 3,143 |
| Current Assets | 49,041 | 45,140 | 42,904 | 42,143 | 38,381 | 32,711 | 28,343 | 27,862 | 29,095 | 34,546 | 42,760 |
| Capital Work in Progress | 2,614 | 318 | 168 | 203 | 235 | 314 | 420 | 431 | 354 | 308 | 162 |
| Investments | 0 | 796 | 757 | 429 | 152 | 162 | 185 | 205 | 235 | 256 | 9,870 |
| Other Assets | 64,003 | 60,238 | 56,821 | 59,769 | 60,576 | 56,455 | 52,144 | 53,209 | 53,855 | 55,867 | 0 |
| Total Liabilities | 70,846 | 65,321 | 61,347 | 63,474 | 63,934 | 59,749 | 55,240 | 56,244 | 56,920 | 59,006 | 68,083 |
| Current Liabilities | 22,727 | 20,741 | 20,143 | 21,868 | 23,055 | 22,609 | 20,357 | 21,371 | 23,480 | 25,333 | 28,226 |
| Non Current Liabilities | 13,910 | 12,265 | 8,817 | 9,275 | 9,982 | 8,488 | 8,911 | 8,366 | 9,062 | 9,234 | 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 |
| 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 |
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 | 0.00 |
| Dividend Yield (%) | 0.00 | 1.94 | 2.43 | 9.62 | 0.00 | 0.00 | 0.57 | 0.16 | 0.12 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 19 Aug 2025 |  Annual General Meeting | NA | 19 Aug 2025 | 251.90 | 240.15 |
| 06 Aug 2025 |  Quarterly Result Announcement | NA | 06 Aug 2025 | 250.50 | 240.15 |
| 01 Aug 2025 |  Dividend | ₹ 0.50 /share | 01 Aug 2025 | 245.68 | 240.15 |
| 16 May 2025 | Quarterly Result Announcement | NA | 16 May 2025 | 226.84 | 245.68 |
| 28 Jan 2025 | Quarterly Result Announcement | NA | 28 Jan 2025 | 216.38 | 194.54 |
| 28 Oct 2024 | Quarterly Result Announcement | NA | 28 Oct 2024 | 269.80 | 216.95 |
| 22 Aug 2024 | Annual General Meeting | NA | 22 Aug 2024 | 308.60 | 296.55 |
| 09 Aug 2024 | Dividend | ₹ 0.25 /share | 09 Aug 2024 | 310.05 | 297.85 |
| 11 Aug 2023 | Dividend | ₹ 0.40 /share | 11 Aug 2023 | 81.87 | 99.85 |
| 16 Sept 2022 | Dividend | ₹ 0.40 /share | 15 Sept 2022 | 53.15 | 61.70 |
| 30 Sept 2017 |  Bonus | 1:2 | 28 Sept 2017 | 0.00 | 0.00 |
Announcements
Announcement under Regulation 30 (LODR)-Newspaper Publication1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Change in Management1 day ago
1 day agoIntimation Of Revised Dates Of 61St Annual General Meeting Of BHEL & Record Date For Final Dividend For FY 2024-25
2 days ago
2 days agoCorporate Action-Board to consider Dividend2 days ago
2 days agoIntimation Of Revised Dates Of 61St Annual General Meeting Of BHEL & Record Date For Final Dividend For FY 2024-25
2 days ago
2 days agoBoard Meeting Intimation for Unaudited Financial Results For The Quarter Ended 30Th June 20252 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication4 days ago
4 days agoCompliances-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, 2025Board Meeting Outcome for Outcome Of Board Meeting Of BHEL-Appointment Of DirectorApr 30, 2025
Apr 30, 2025Receipt Of An Order From Visakhapatnam GST AuthoritiesApr 29, 2025
Apr 29, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 25, 2025
Apr 25, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 24, 2025
Apr 24, 2025Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)Apr 20, 2025
Apr 20, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 20, 2025
Apr 20, 2025BHEL Signs Technology Transfer Agreement With Bhabha Atomic Research CentreApr 16, 2025
Apr 16, 2025BHEL Has Entered Into Mou With M/S Nuovo Pignone International S.R.L.Apr 09, 2025
Apr 09, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 04, 2025
Apr 04, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 04, 2025
Apr 04, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 03, 2025
Apr 03, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateMar 29, 2025
Mar 29, 2025Receipt Of An Order From Telangana GST AuthoritiesMar 29, 2025
Mar 29, 2025Closure of Trading WindowMar 29, 2025
Mar 29, 2025Details Of A New Suit Filed By BHELMar 28, 2025
Mar 28, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderMar 28, 2025
Mar 28, 2025Extension Of Technology Collaboration AgreementMar 25, 2025
Mar 25, 2025Technical Indicators
RSI(14)
Neutral 32.81
ATR(14)
Volatile 5.93
STOCH(9,6)
Oversold 17.35
STOCH RSI(14)
Oversold 9.80
MACD(12,26)
Bearish -1.96
ADX(14)
Weak Trend 16.56
UO(9)
Bearish 37.82
ROC(12)
Downtrend And Accelerating -6.95
WillR(14)
Oversold -97.30
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Tata Arbitrage 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.
Website
Chairperson NameShri K Sadashiv Murthy
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