| Revenue growth | 40% YoY growth in Q1FY27. |
|---|---|
| Margins | Structurally improving margins through disciplined execution and operating leverage. |
| Order book | Outstanding OB at Rs 2,60,255 Cr, up 27% YoY. |
| Demand visibility | Strong; record executable order book providing long-term visibility. |
| Management confidence | High; citing multi-year growth phase and improving margins. |
Growth
Revenue grew 40% YoY to Rs 7,698 Cr. EBITDA turned positive at Rs 735 Cr vs loss YoY.
Outlook
Targets 100GW nuclear capacity by 2047, 5 MMTPA green hydrogen by 2030, and Rs 9.6L Cr transmission capex.
Risks
Execution of massive order book and cyclical demand in infrastructure sectors remain key monitorables.
Earnings Call filed with BSE, NSE: BHEL. Summary written with AI assistance from the document.
Bharat Heavy Electricals Ltd: key numbers
- Share price
- ₹432.00
- Market cap
- ₹1,50,425 Cr
- Revenue (annual)
- ₹33,782 Cr
- Net profit (annual)
- ₹1,600 Cr
- P/E (TTM)
- 52.3×Sector 51.9×
- Promoter holding
- 58.17%+0.00% QoQ
- FII holding
- 9.94%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Bharat Heavy Electricals Ltd
All →Bharat Heavy Electricals Legal & Regulatory
BHEL received a GST adjudication order dropping the entire Rs.207.26 Crore demand for FY 2022-23. The company states no financial impact arises from the order.
- Value
- ₹207.3 Cr
Bharat Heavy Electricals Legal & Regulatory
BHEL received an adjudication order dropping the entire Rs. 207.26 Crore GST demand for FY 2022-23. The company states there is no financial implication, and FY 2023-24 remains under adjudication.
Bharat Heavy Electricals Bags ₹600 Cr Order from Power Grid Corporation of India Limited, on behalf of its Project...
BHEL received an order from Power Grid Corporation of India on behalf of its project SPV for two synchronous condensers at Barmer-II HVDC terminal. The order is valued at Rs 600-900 Cr excluding GST and must be executed within 44 months.
- Value
- ₹600.0 Cr
- From
- Power Grid Corporation of India Limited, on behalf of its Project SPV Company
- Execution
- 44 months
Bharat Heavy Electricals Bags ₹20,000 Cr Order from Adani Power Limited
BHEL secured supply contracts from Adani Power for four 2×800 MW projects. Each contract is valued at ₹5,000–7,000 Cr, totalling ₹20,000–28,000 Cr excl. GST.
- Value
- ₹20,000 Cr
- From
- Adani Power Limited
- Execution
- As per Customer's Project requirements
- thermal generation capacity (Boiler, Turbine, Generator)
- 6400 MW
Bharat Heavy Electricals Bags New Order from Adani Power Limited
BHEL received orders from Adani Power for four 2x800 MW projects. Each project is valued at Rs 5,000–7,000 crore excluding GST.
- From
- Adani Power Limited
- Execution
- As per Customer's project requirements
- generation capacity of projects awarded
- 6400.0 MW
Bharat Heavy Electricals Management Change
BHEL has appointed Shri Manepalli Sridhar as Director (Human Resources) effective October 22, 2026. He joins the Board with over 36 years of experience.