Bharat Heavy Electricals Limited

NSE: BHEL · Capital Goods · Lot size: 2625

Bharat Heavy Electricals Limited Share Price & Analysis

416.8Updated 22 Jul 2026, 03:30 pm IST
LTP
416.8
Open
414
High
421
Low
412.35
Close
₹413.3
52W High
₹447
52W Low
₹205
Volume
11707K
Lot Size
2625
Sector
Capital Goods
Market Cap
₹1.5L Cr
Face Value
₹2
Large CapNIFTY 200NIFTY 500MIDCAP 100

Price Chart

Fundamentals

P/E
60.4
Sector P/E
52.7
P/B
5.55
EPS
₹6.99
ROE
6.23%
ROCE
9.14%
D/E Ratio
0.31
Div Yield
0.33%
Book Value
₹75.1
+

Strengths

  • Low debt relative to equity (D/E 0.3x)

Peer Comparison

CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
HAL
Hindustan Aeronautics Limited
4,568
₹3.0L Cr337.4424320
BEL
Bharat Electronics Limited
407
₹3.0L Cr49.412.4127.636.50
ABB
ABB India Limited
7,530
₹1.6L Cr10420.3522.429.90.01
TMCV
Tata Motors Limited
405
-1.53%
₹1.5L Cr38.610.713435.90.44
CUMMINSIND
Cummins India Limited
5,590
₹1.5L Cr62.318.2730.239.50
CGPOWER
CG Power and Industrial Solutions Limited
912
₹1.4L Cr11818.0220.526.70.02
POLYCAB
Polycab India Limited
9,073
₹1.3L Cr46.611.372333.20.02

Showing 7 peers in the same sector · Sorted by market cap

Shareholding Pattern

BHEL · as of Mar 2026

Promoters63.17%
FII7.19%0.79
DII16.34%0.85
Public13.29%0.07
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters63.17%63.17%63.17%63.17%63.17%63.17%
FII7.04%8.76%9.10%9.48%7.98%7.19%
DII17.58%15.95%15.03%14.69%15.49%16.34%
Public12.23%12.14%12.71%12.66%13.36%13.29%

Corporate Events

Dividend - Rs 1.40 Per Share

Dividend16 Jul 2026

To consider and approve the financial results for the period ended Jun 30, 2026

Results15 Jul 2026

To consider dividend

Dividend3 May 2026

To consider and approve the financial results for the period ended March 31, 2026

Results3 May 2026

Dividend - Re 0.50 Per Share

Dividend31 Jul 2025

Dividend - Rs 0.25 Per Share

Dividend8 Aug 2024

Dividend - Re 0.40 Per Share

Dividend10 Aug 2023

Latest News

All news →

BHEL receives credit rating update

*BHEL receives credit rating update* as per a recent NSE corporate filing. The rating action reflects ongoing assessment of the company’s financial health and debt obligations. No immediate trigger for price movement is evident. 📊 *STOCKS:* BHEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating

NSE Filing3 Jul
High Impact

BHEL receives credit rating update

*BHEL receives credit rating update* with a stable outlook. The rating reflects BHEL's strong order book and government backing. Financials remain steady with **debt-to-equity of 0.3x** and **interest coverage at 4.2x**. 📊 *STOCKS:* BHEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating

NSE Filing12 Jun
High Impact

BHEL secures new orders worth ₹1,200 crore

*BHEL secures new orders worth **₹1,200 crore** in the power sector.* The contracts involve equipment supply and execution for thermal and hydro projects. This strengthens BHEL’s order book amid ongoing revival efforts. 📊 *STOCKS:* BHEL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #orders

NSE Filing11 Jun
Medium Impact

BHEL to hold shareholder meeting on August 5, 2026

*BHEL to hold shareholder meeting on August 5, 2026*. The event is a routine corporate disclosure with no immediate financial implications. Shareholders will gather for updates, likely on operational or governance matters. No major announcements expected ahead of the meeting. 📊 *STOCKS:* BHEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ShareholderMeeting

NSE Filing10 Jul
Low Impact

BHEL sets dividend record date for July 2026

*BHEL sets dividend record date for July 2026.* Bharat Heavy Electricals Limited has announced **17-Jul-2026** as the record date for dividend distribution. Shareholders registered on this date will be eligible for the payout. The quantum and payment date will be disclosed in due course. 📊 *STOCKS:* BHEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Dividend

NSE Filing1 Jul
Low Impact

BHEL announces AGM date and dividend record date

*BHEL announces AGM date and dividend record date.* The company has informed the exchange about the date of its Annual General Meeting and the record date for the final dividend for FY 2025-26. **No financial figures** or strategic updates were disclosed. The move is a routine corporate announcement. 📊 *STOCKS:* BHEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Dividend

NSE Filing1 Jul
Low Impact

BHEL wins **₹2,000 crore** order from Nigerian firm

*BHEL wins **₹2,000 crore** order from Nigerian firm.* This overseas order strengthens BHEL’s order book and enhances revenue visibility. The contract marks a significant international win amid global competition. Such deals could boost investor sentiment around domestic engineering firms. 📊 *STOCKS:* BHEL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #order

The Times of India3 Jun
Medium Impact

BHEL wins Letter of Award from Steel Authority India

*BHEL receives LoA from Steel Authority of India.* BHEL has secured a Letter of Award from SAIL, marking a significant order win for the power equipment manufacturer. The contract details are expected to strengthen BHEL's order book and support revenue visibility. This order underscores continued demand for BHEL's engineering solutions in India's steel sector. 📊 *STOCKS:* $BHEL | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #OrderWin

Business Standard27 Apr
Medium Impact

Promoters of 5 stocks increase pledge up to 20%

*Promoters of 5 stocks increase pledge up to 20%* to add to your watchlist. A rise in promoter pledge up to **20%** signals potential financial stress or personal funding needs, often viewed as a red flag. While not immediate risk, elevated pledging may impact sentiment and stock stability. Monitor these stocks closely for downside volatility. 📊 *STOCKS:* SUNPHARMA, TATACONSUM, BHEL, NHPC, COALINDIA | 🏢 *SECTOR:* Risk | #LOWIMPACT #promoter_pledge

Trade Brains2 May
Low Impact

Financials

Quarterly Results

MetricDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue
₹8.5K Cr
▲12.8%
₹7.5K Cr
▲36.9%
₹5.5K Cr
▼39.0%
₹9.0K Cr
▲23.6%
₹7.3K Cr
▲10.5%
₹6.6K Cr
▲20.0%
₹5.5K Cr
▼33.6%
₹8.3K Cr
Op. Profit
₹545 Cr
▼6.2%
₹581 Cr
▲208.2%
₹-537 Cr
▼164.5%
₹832 Cr
▲173.7%
₹304 Cr
▲10.5%
₹275 Cr
▲262.7%
₹-169 Cr
▼123.2%
₹728 Cr
OPM
6.0%
▼25.0%
8.0%
▲180.0%
-10.0%
▼211.1%
9.0%
▲125.0%
4.0%
▲0.0%
4.0%
▲233.3%
-3.0%
▼133.3%
9.0%
Net Profit
₹390 Cr
▲4.0%
₹375 Cr
▲182.2%
₹-456 Cr
▼190.5%
₹504 Cr
▲273.3%
₹135 Cr
▲27.4%
₹106 Cr
▲150.2%
₹-211 Cr
▼143.1%
₹490 Cr
EPS (₹)
1.12
▲3.7%
1.08
▲182.4%
-1.31
▼190.3%
1.45
▲271.8%
0.39
▲30.0%
0.3
▲149.2%
-0.61
▼143.3%
1.41

Values in ₹ Cr · Source: Screener.in

Annual Profit & Loss

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Revenue
₹33.8K Cr
▲19.2%
₹28.3K Cr
▲18.6%
₹23.9K Cr
▲2.3%
₹23.4K Cr
▲10.2%
₹21.2K Cr
▲22.5%
₹17.3K Cr
▼19.4%
₹21.5K Cr
▼29.5%
₹30.4K Cr
▲5.6%
₹28.8K Cr
▲1.3%
₹28.5K Cr
Expenses
₹31.2K Cr
▲15.9%
₹26.9K Cr
▲16.2%
₹23.2K Cr
▲3.9%
₹22.3K Cr
▲9.5%
₹20.4K Cr
▲0.1%
₹20.4K Cr
▼5.7%
₹21.6K Cr
▼24.0%
₹28.4K Cr
▲4.5%
₹27.2K Cr
▼0.7%
₹27.4K Cr
Op. Profit
₹2.6K Cr
▲83.8%
₹1.4K Cr
▲96.8%
₹711 Cr
▼31.9%
₹1.0K Cr
▲26.1%
₹828 Cr
▲127.2%
₹-3.0K Cr
▼2192.5%
₹-133 Cr
▼106.5%
₹2.0K Cr
▲22.9%
₹1.7K Cr
▲51.0%
₹1.1K Cr
OPM
8.0%
▲60.0%
5.0%
▲66.7%
3.0%
▼25.0%
4.0%
▲0.0%
4.0%
▲122.2%
-18.0%
▼1700.0%
-1.0%
▼114.3%
7.0%
▲16.7%
6.0%
▲50.0%
4.0%
Other Income
₹869 Cr
▲65.8%
₹524 Cr
▼13.8%
₹608 Cr
▲11.8%
₹544 Cr
▲34.3%
₹405 Cr
▲3.1%
₹393 Cr
▼33.4%
₹590 Cr
▼10.9%
₹662 Cr
▼2.5%
₹679 Cr
▼9.8%
₹753 Cr
Interest
₹986 Cr
▲8.8%
₹906 Cr
▲9.4%
₹828 Cr
▲35.3%
₹612 Cr
▲36.6%
₹448 Cr
▼4.1%
₹467 Cr
▼23.8%
₹613 Cr
▲62.2%
₹378 Cr
▲14.5%
₹330 Cr
▼20.1%
₹413 Cr
Depreciation
₹316 Cr
▲16.2%
₹272 Cr
▲9.2%
₹249 Cr
▼4.2%
₹260 Cr
▼17.2%
₹314 Cr
▼33.6%
₹473 Cr
▼6.0%
₹503 Cr
▲5.7%
₹476 Cr
▼39.5%
₹787 Cr
▼7.4%
₹850 Cr
PBT
₹2.1K Cr
▲186.7%
₹746 Cr
▲207.0%
₹243 Cr
▼66.1%
₹716 Cr
▲52.3%
₹470 Cr
▲113.1%
₹-3.6K Cr
▼445.7%
₹-659 Cr
▼135.8%
₹1.8K Cr
▲51.4%
₹1.2K Cr
▲107.3%
₹586 Cr
Tax %
25.0%
▼10.7%
28.0%
▲275.0%
-16.0%
▼277.8%
9.0%
▲80.0%
5.0%
▲120.0%
-25.0%
▼120.3%
123.0%
▲167.4%
46.0%
▼28.1%
64.0%
▲190.9%
22.0%
Net Profit
₹1.6K Cr
▲199.6%
₹534 Cr
▲89.4%
₹282 Cr
▼56.9%
₹654 Cr
▲47.0%
₹445 Cr
▲116.5%
₹-2.7K Cr
▼83.9%
₹-1.5K Cr
▼246.5%
₹1.0K Cr
▲128.8%
₹438 Cr
▼3.7%
₹455 Cr
EPS (₹)
4.6
▲200.7%
1.53
▲88.9%
0.81
▼56.9%
1.88
▲46.9%
1.28
▲116.5%
-7.75
▼84.1%
-4.21
▼245.7%
2.89
▲140.8%
1.2
▼4.0%
1.25
Div Payout
30.0%
▼9.1%
33.0%
▲6.5%
31.0%
▲47.6%
21.0%
▼32.3%
31.0%
0.0%
0.0%
▼100.0%
69.0%
▼54.3%
151.0%
▲77.6%
85.0%

Values in ₹ Cr · Source: Screener.in

Balance Sheet

ItemSep 2025Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Liabilities
Equity Capital
₹696 Cr
▲0.0%
₹696 Cr
▲0.0%
₹696 Cr
▲0.0%
₹696 Cr
▲0.0%
₹696 Cr
▲0.0%
₹696 Cr
▲0.0%
₹696 Cr
▲0.0%
₹696 Cr
▼5.2%
₹734 Cr
▲49.8%
₹490 Cr
Reserves
₹23.7K Cr
▼1.3%
₹24.0K Cr
▲1.2%
₹23.7K Cr
▲0.3%
₹23.7K Cr
▼8.2%
₹25.8K Cr
▲2.1%
₹25.3K Cr
▼9.6%
₹28.0K Cr
▼7.4%
₹30.2K Cr
▼4.4%
₹31.6K Cr
▼0.9%
₹31.9K Cr
Borrowings
₹11.0K Cr
▲21.7%
₹9.0K Cr
▲1.8%
₹8.9K Cr
▲62.4%
₹5.5K Cr
▲12.9%
₹4.8K Cr
▼2.4%
₹5.0K Cr
▼2.5%
₹5.1K Cr
▲95.5%
₹2.6K Cr
▲2261.8%
₹110 Cr
▼29.5%
₹156 Cr
Other Liabilities
₹36.6K Cr
▲4.2%
₹35.1K Cr
▲32.6%
₹26.5K Cr
▼4.8%
₹27.8K Cr
▲8.5%
₹25.7K Cr
▲2.5%
₹25.0K Cr
▼5.7%
₹26.6K Cr
▼14.3%
₹31.0K Cr
▼1.6%
₹31.5K Cr
▲8.0%
₹29.2K Cr
Total Liabilities
₹72.0K Cr
▲4.5%
₹68.8K Cr
▲15.2%
₹59.8K Cr
▲3.7%
₹57.7K Cr
▲1.2%
₹57.0K Cr
▲1.8%
₹56.0K Cr
▼7.2%
₹60.3K Cr
▼6.5%
₹64.5K Cr
▲0.9%
₹63.9K Cr
▲3.6%
₹61.7K Cr
Assets
Fixed Assets
₹3.0K Cr
▲0.4%
₹2.9K Cr
▲14.5%
₹2.6K Cr
▲4.0%
₹2.5K Cr
▲3.3%
₹2.4K Cr
▼3.7%
₹2.5K Cr
▼11.6%
₹2.8K Cr
▼5.2%
₹3.0K Cr
▼3.4%
₹3.1K Cr
▼14.7%
₹3.6K Cr
CWIP
₹275 Cr
▲41.0%
₹195 Cr
▼36.7%
₹308 Cr
▼13.0%
₹354 Cr
▼17.9%
₹431 Cr
▲2.6%
₹420 Cr
▲33.8%
₹314 Cr
▲33.6%
₹235 Cr
▲15.8%
₹203 Cr
▲20.8%
₹168 Cr
Investments
₹282 Cr
▲2.2%
₹276 Cr
▲7.8%
₹256 Cr
▲8.9%
₹235 Cr
▲14.6%
₹205 Cr
▲10.8%
₹185 Cr
▲14.2%
₹162 Cr
▲6.6%
₹152 Cr
▼64.6%
₹429 Cr
▼43.3%
₹757 Cr
Other Assets
₹68.5K Cr
▲4.6%
₹65.4K Cr
▲15.5%
₹56.6K Cr
▲3.7%
₹54.6K Cr
▲1.2%
₹54.0K Cr
▲2.1%
₹52.9K Cr
▼7.3%
₹57.0K Cr
▼6.8%
₹61.1K Cr
▲1.5%
₹60.2K Cr
▲5.4%
₹57.2K Cr
Total Assets
₹72.0K Cr
▲4.5%
₹68.8K Cr
▲15.2%
₹59.8K Cr
▲3.7%
₹57.7K Cr
▲1.2%
₹57.0K Cr
▲1.8%
₹56.0K Cr
▼7.2%
₹60.3K Cr
▼6.5%
₹64.5K Cr
▲0.9%
₹63.9K Cr
▲3.6%
₹61.7K Cr

Values in ₹ Cr · Source: Screener.in

Cash Flow Statement

ItemMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating CF
₹2.2K Cr
▲159.0%
₹-3.7K Cr
▼401.1%
₹-741 Cr
▼212.3%
₹660 Cr
▲17.9%
₹560 Cr
▲119.4%
₹-2.9K Cr
▲25.1%
₹-3.9K Cr
▼490.3%
₹989 Cr
▲76.6%
₹560 Cr
▲49.7%
₹374 Cr
Investing CF
₹-2.7K Cr
▼305.2%
₹1.3K Cr
▼10.1%
₹1.5K Cr
▲232.4%
₹-1.1K Cr
▼2561.9%
₹-42 Cr
▼102.2%
₹1.9K Cr
▼2.2%
₹1.9K Cr
▲99.7%
₹961 Cr
▲270.1%
₹-565 Cr
▼2556.5%
₹23 Cr
Financing CF
₹-857 Cr
▼132.3%
₹2.7K Cr
▲2884.3%
₹89 Cr
▲127.1%
₹-329 Cr
▲16.5%
₹-394 Cr
▼124.3%
₹1.6K Cr
▲5168.8%
₹-32 Cr
▲95.2%
₹-667 Cr
▼42.5%
₹-468 Cr
▼283.6%
₹-122 Cr
Net Cash Flow
₹-1.4K Cr
▼609.5%
₹274 Cr
▼66.9%
₹829 Cr
▲205.3%
₹-787 Cr
▼739.8%
₹123 Cr
▼79.8%
₹608 Cr
▲130.8%
₹-2.0K Cr
▼253.8%
₹1.3K Cr
▲371.2%
₹-473 Cr
▼272.0%
₹275 Cr
Free Cash Flow
₹1.9K Cr
▲148.3%
₹-3.9K Cr
▼327.4%
₹-921 Cr
▼284.9%
₹498 Cr
▲60.1%
₹311 Cr
▲109.5%
₹-3.3K Cr
▲23.5%
₹-4.3K Cr
▼695.8%
₹719 Cr
▲216.7%
₹227 Cr
▲227.5%
₹-178 Cr

Values in ₹ Cr · Source: Screener.in

Key Ratios History

MetricMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Debtor Days
76d
▲4.1%
73d
▲49.0%
49d
▼5.8%
52d
▼38.8%
85d
▼29.8%
121d
▼14.8%
142d
▼20.2%
178d
▼37.1%
283d
▼11.8%
321d
Inventory Days
289d
▲14.2%
253d
▼3.1%
261d
▼4.7%
274d
▼17.7%
333d
▲3.7%
321d
▲47.2%
218d
▲14.1%
191d
▼4.5%
200d
▼26.5%
272d
Days Payable
259d
▼4.1%
270d
▼21.7%
345d
▲18.6%
291d
▲3.6%
281d
▼6.3%
300d
▲1.0%
297d
▼1.3%
301d
▲33.8%
225d
▼6.3%
240d
Cash Conv. Cycle
106d
▲89.3%
56d
▲260.0%
-35d
▼200.0%
35d
▼74.5%
137d
▼3.5%
142d
▲125.4%
63d
▼7.4%
68d
▼73.6%
258d
▼26.9%
353d
Working Capital Days
99d
▲65.0%
60d
▲1300.0%
-5d
▼600.0%
1d
▼97.6%
42d
▼41.7%
72d
▼28.0%
100d
▼17.4%
121d
▼25.3%
162d
▼22.1%
208d
ROCE
5.0%
▲66.7%
3.0%
▼25.0%
4.0%
▲33.3%
3.0%
▲130.0%
-10.0%
0.0%
▼100.0%
7.0%
▲40.0%
5.0%
▲66.7%
3.0%
▲250.0%
-2.0%

Source: Screener.in · Lower days = better efficiency

About Bharat Heavy Electricals Limited

Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer engaged in design, engineering, manufacture, erection, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, viz. Power, transmission, Industry, transportation, renewable energy, Oil & Gas and defence.[1] It is the flagship engineering and manufacturing company of India owned and controlled by the Govt. of India.[2]

Capital Goods · Electrical Equipment

Frequently Asked Questions

What is Bharat Heavy Electricals Limited share price today?
Bharat Heavy Electricals Limited (BHEL) is currently trading at ₹416.8 on NSE, as of the last market session. Prices update daily after market close on MarketNetra.
Is Bharat Heavy Electricals Limited available in F&O (Futures & Options)?
Yes, Bharat Heavy Electricals Limited (BHEL) is part of the NSE F&O segment with a lot size of 2625 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Bharat Heavy Electricals Limited 52-week high and low?
Bharat Heavy Electricals Limited's 52-week high is ₹447 and the 52-week low is ₹205. The current price of ₹416.8 is 6.8% below the 52W high.
What is Bharat Heavy Electricals Limited P/E ratio?
Bharat Heavy Electricals Limited's current P/E ratio is 60.4. This indicates the market is paying ₹60.4 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Bharat Heavy Electricals Limited options?
Bharat Heavy Electricals Limited options are traded on NSE with monthly expiry contracts (lot size: 2625 shares). To trade BHEL options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.