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Financial Results · Q3 FY26

Bharat Heavy Electricals Q3 FY26 Results: Net Profit ₹390 Cr, Up 188.9% YoY

Bharat Heavy Electricals Ltd reported net profit of ₹390 Cr (+188.9% YoY) for Q3 FY26.

Q3 FY26 at a glance · ₹ crore
MetricQ3 FY26Q2 FY26Q3 FY25
Other income219.0175.0108.0
Total income8692.07686.07385.0
Net profit390.0374.0135.0
Operating margin6.0%6.5%2.4%

A dash means the filing did not report that period; n/m means not meaningful (margin on near-zero revenue). Growth is not shown when either period was a loss. Operating profit excludes other income.

Growth
Net profit, year on year+188.90%
Net profit, quarter on quarter+4.30%
Source

BSE results filing, NSE: BHEL. Figures extracted from the filing.

Read the filing ↗

Bharat Heavy Electricals Ltd: key numbers

Share price
₹415.50
Market cap
₹1,44,680 Cr
Revenue (annual)
₹33,782 Cr
Net profit (annual)
₹1,600 Cr
P/E (TTM)
59.5×Sector 55.4×
Promoter holding
58.17%+0.00% QoQ
FII holding
9.52%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Bharat Heavy Electricals Ltd

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14:24 IST BSE
Debt & Borrowing

Bharat Heavy Electricals Debt & Borrowing: ₹500 Cr

Bharat Heavy Electricals Limited has redeemed Commercial Papers worth Rs. 500 Crore. The payment was made to all holders on the maturity date of September 25, 2026.

Value
₹500.0 Cr
09:33 IST BSE
Management Change

Bharat Heavy Electricals Management Change

Bharat Heavy Electricals Limited announced that Shri Y Srinivasa Rao superannuated as Executive Director. Shri Chittimouj Gowri Shankar was appointed as General Manager and Head of HPVP.

15:16 IST BSE
Other Announcement

Bharat Heavy Electricals Other Announcement

BHEL entered a Tripartite Agreement with Bigshare Services (new RTA) and Alankit Assignments (old RTA) to transfer registrar functions. This is a routine administrative change of its Registrar and Share Transfer Agent.

16:06 IST BSE
Merger & Restructuring

Bharat Heavy Electricals Merger & Restructuring

BHEL signed a Joint Venture Agreement with Titagarh Rail Systems Limited to form a JVC for maintaining Vande Bharat Sleeper Trainsets for 35 years.

Execution
35 years
16:03 IST BSE
Merger & Restructuring

Bharat Heavy Electricals Merger & Restructuring Worth ₹0.5 Cr

BHEL and Titagarh Rail Systems will form a 50:50 joint venture company for the 35-year maintenance of Vande Bharat Sleeper trainsets.

Value
₹0.50 Cr
Execution
35 years
18:55 IST NSE
Acquisition

Bharat Heavy Electricals Acquisition Worth ₹65 Cr

BHEL's Board approved a further Rs. 65 Crore equity investment in its joint venture, NTPC BHEL Power Projects Private Limited (NBPPL), to support operations.

Value
₹65.00 Cr
Execution
FY 2026-27