| Revenue growth | 24% YoY for Q2 FY27; 31% YoY for H1 FY27. |
|---|---|
| Margins | EBITDA margin improved from 9.9% to 13.4% YoY in Q2. |
| Order book | ₹2,57,571 Cr as of 30 Sep 2026, up 17.27% YoY. |
| Demand visibility | Strong; ₹2.57 lakh crore order book provides multi-year visibility. |
| Management confidence | High; citing 'at inflection point' and 'reinforcing pace of growth'. |
Growth
Q2 FY27 revenue up 24% YoY to ₹9,300 Cr; EBITDA rose 69% to ₹1,286 Cr; PAT surged 120% to ₹810 Cr.
Outlook
Targeting 4,790 MW capacity addition for FY27; focus on green hydrogen, rail modernization (Vande Bharat), and coal gasification.
Risks
Execution quality and sector mix determine value realization; reliance on cyclical power upcycle and government infrastructure spending.
Investor Presentation filed with BSE, NSE: BHEL. Summary written with AI assistance from the document.
Bharat Heavy Electricals Ltd: key numbers
- Share price
- ₹405.30
- Market cap
- ₹1,41,128 Cr
- Revenue (annual)
- ₹33,782 Cr
- Net profit (annual)
- ₹1,600 Cr
- P/E (TTM)
- 49.0×Sector 52.2×
- 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 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.
Bharat Heavy Electricals Capacity Expansion: ₹500 Cr Investment
BHEL board approved Rs. 500 Crore for additional Thermal & Nuclear Sets manufacturing facilities at HEEP-Haridwar. The board also merged two internal divisions into a single unit effective November 2026.
- Value
- ₹500.0 Cr
Bharat Heavy Electricals Q2 FY27 Results: Net Profit ₹820.9 Cr, Up 119.0% YoY
Bharat Heavy Electricals Ltd reported revenue from operations of ₹9,300 Cr (+23.8% YoY) and net profit of ₹820.9 Cr (+119.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹820.9 Cr · +119.0% YoY
Bharat Heavy Electricals Other Announcement
Bharat Heavy Electricals Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
Bharat Heavy Electricals Debt & Borrowing: ₹2,000 Cr
Bharat Heavy Electricals Limited certified the full utilization of proceeds from Commercial Papers issued during the quarter ended September 30, 2026. The three tranches totaled ₹2,000 Crore.
- Value
- ₹2,000 Cr
Bharat Heavy Electricals Board Meeting Date
Bharat Heavy Electricals Ltd will hold a board meeting on October 14, 2026, to approve financial results. The trading window remains closed until October 16, 2026.