Bharat Heavy Electricals Ltd Share Price

Electric Equipment - General - Large

NSE: BHEL Mid Cap ISIN: INE257A01026

As on 31 January 2025 at 14:09 IST

₹206.35

+ 9.98

(5.08%)

Sell Buy

About Bharat Heavy Electricals Ltd

Bharat Heavy Electricals Ltd (BHEL) was established in 1956. It stands as a renowned engineering and manufacturing company in India’s heavy electrical equipment and industrial technology sector. Headquartered in New Delhi, BHEL was founded by the Government of India. The company is still a significant industry player with a diverse and comprehensive product portfolio that caters to various critical sectors. The company manufactures a wide range of heavy electrical equipment. This includes gas and steam turbines, ultra-high voltage transformers and power electronics. These products serve multiple industries, primarily power generation and transmission. Read More...

Over 1 Month

-12.96%

Over 6 Months

-38.13%

Over 1 Year

-13.85%

Over 3 Years

238.57%

Bharat Heavy Electricals Ltd Summary

Close ₹ 206.35

Open ₹ 198.50

High ₹ 207.90

Low ₹ 195.79

Volume 1,68,54,185

Net Turnover (in ₹ Cr) ₹ 255.92

52Wk High ₹ 335.35

52Wk Low ₹ 184.14

52Wk High / Low

184.14

335.35

Bharat Heavy Electricals Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 68,377.28

EPS (TTM) 1.42

Book Value (BV) 70.65

Div. Yield 0.13 %

P/E (TTM) 138.24

Price/Book Value 2.78

Delivery % 23.27 %

Face Value 2

Key Ratios

PE Ratio 329.60

PB Ratio 3.46

EV to Sales 3.72

PEG Ratio -5.67

ROA 0.61

ROE 0.84

Debt-Equity 0.29

Net Profit Margin 1.09

Operating Profit Margin 5.43

Bharat Heavy Electricals Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	24,439.05	23,853.57	21,565.63	17,657.11	22,027.44
Total Expenses	24,260.37	23,193.98	21,145.59	21,297.18	22,712.23
Profit Before Tax	242.66	715.61	470.46	-3,595.93	-659.07
Profit After Tax	282.22	654.12	444.71	-2,699.70	-1,468.35
Operating Profit after Depreciation	909.97	1,181.02	776	-3,266.12	-176.34

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,600.08	2,485.24	2,407.12	2,507.49	2,824.38
Total Non Current Assets	24,459.81	27,825.52	28,381.78	26,896.85	27,037.38
Total Current Assets	34,545.69	29,094.50	27,861.98	28,343.36	32,711.18
TOTAL ASSETS	59,005.50	56,920.02	56,243.76	55,240.21	59,748.56
Total Shareholder's Fund	24,438.65	24,378.26	26,506.60	25,983.66	28,660.72

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	-3,712.90	-740.70	660.25	559.95	-2,891.50
Net Cash used in Investing Activities	1,330.86	1,480.46	-1,118.04	-42.50	1,877.06
Net Cash used in Financing Activities	2,655.74	88.96	-329.49	-394.15	1,621.99

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	24,480.70	23,879.75	21,578.90	17,678.28	22,039.77
Total Expenses	24,260.37	23,193.98	21,141.95	21,289.88	22,701.88
Profit Before Tax	220.33	685.77	436.95	-3,611.60	-662.11
Profit After Tax	259.89	624.28	410.24	-2,717.14	-1,472.97
Operating Profit after Depreciation	951.62	1,207.20	791.67	-3,238.51	-155.16

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,600.08	2,485.24	2,407.12	2,504.67	2,821.34
Total Non Current Assets	24,871.74	28,259.64	28,846.34	27,367.22	27,532.13
Total Current Assets	34,545.69	29,094.50	27,861.98	28,334.02	32,703.53
TOTAL ASSETS	59,417.43	57,354.14	56,708.32	55,701.24	60,235.66
Total Shareholder's Fund	24,850.59	24,812.39	26,971.16	26,484.05	29,181.21

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	-3,712.90	-740.70	660.27	560.06	-2,891.71
Net Cash used in Investing Activities	1,330.86	1,480.46	-1,125.33	-42.55	1,877.02
Net Cash used in Financing Activities	2,655.74	88.96	-329.50	-393.19	1,621.95

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	7,277.09	6,584.10	5,484.92	8,260.25	5,503.81
Total Expenses	6,972.85	6,309.10	5,654.27	7,532.39	5,287.26
Profit Before Tax	178.75	141.42	-278.99	636.32	84.50
Profit After Tax	134.70	106.15	-211.40	489.62	60.32
Operating Profit after Depreciation	430.41	402.89	-58.28	898.04	334.70

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	7,277.09	6,584.10	5,484.92	8,260.25	5,503.81
Total Expenses	6,972.85	6,309.10	5,654.27	7,532.39	5,287.27
Profit Before Tax	168.82	131.94	-280.11	631.06	70.49
Profit After Tax	124.77	96.67	-212.52	484.36	46.31
Operating Profit after Depreciation	420.48	393.41	-59.40	892.78	320.69

Bharat Heavy Electricals Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 193.03

S2 189.70

S3 185.36

Pivot 197.37

R1 200.70

R2 205.04

R3 208.37

Moving Average

20 SMA 207.52

50 SMA 228.57

100 SMA 241.11

200 SMA 267.92

Bharat Heavy Electricals Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Bharat Heavy Electricals Ltd

₹0.25/Share

Announcement Date 09 Aug 2024

Record Date 09 Aug 2024

Div Yield 12.5%

AGM Date: 29 Sep 2022

AGM 29/09/2022 Pursuant to the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, it is informed that the next (58th) Annual General Meeting (AGM) of the Company shall be held on Thursday, 29th September, 2022 at 10 A.M. IST through Video Conferencing/ Other Audio Visual Means (VC). Notice of the AGM along with the Annual Report 2021-22 will be sent by electronic mode to those Members whose email addresses are registered with the Company/ Depositories. Further, the Company is providing remote e-voting facility to its Members to cast their votes on the resolutions as set out in the Notice of AGM. Remote e-voting period will commence at 9 A.M. (IST) on Monday, 26th September, 2022 and end at 5 P.M. (IST) on Wednesday, 28th September, 2022. Members of the Company, whose names appear in the Register of Members/ list of Beneficial Owners as on the cut-off date i.e. Thursday, 22nd September, 2022 will be eligible to cast their vote through remote e- voting facility. (As Per BSE Announcement Dated on 26.08.2022) Update on Notice of the 58th AGM of BHEL to be held on 29.09.2022 (As Per BSE Announcement dated on 15.09.2022) The 58th Annual General Meeting (AGM) of Bharat Heavy Electricals Limited (BHEL) was held on Thursday, September 29, 2022 at 10 A.M. IST through Video Conferencing/ Other Audio-Visual Means (VC). In terms of Regulation 30 and Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the proceeding of the 58th AGM of BHEL and the details regarding voting results in the specified format respectively, are submitted herewith. (As Per BSE Announcement Dated on 29/09/2022)

AGM Date: 24 Aug 2023

It is informed that the next (59th) AGM of the Company shall be held on 24.08.2023 at 10 AM through Video Conferencing/ Other Audio Visual Means. Remote e-voting period will commence at 9 AM on 21.08.2023 & end at 5 PM on 23.08.2023. Members of the Company, whose names appear in the Register of Members/ list of Beneficial Owners as on the cut-off date i.e. 17.08.2023 will be eligible to cast their vote through remote e-voting. Published Notice of 59th AGM, Record Date & other related information (As Per BSE Announcement Dated on 27.07.2023) Proceedings of the 59th AGM & Disclosure of Voting Results with Scrutinizer''s Report (As per BSE Announcement Dated on 24/08/2023)

AGM Date: 22 Aug 2024

Intimation of date of Annual General Meeting Notice of 60th AGM of BHEL & E-voting Information (As Per BSE Announcement dated on 29.07.2024) Proceedings of the 60th AGM & Disclosure of Voting Results thereof (As per BSE Announcement Dated on 22/08/2024)

Bharat Heavy Electricals Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Bharat Heavy Electricals Ltd	₹196.30	₹68,352.90
Siemens Ltd	₹5,874.15	₹2,09,190.53
ABB India Ltd	₹5,720.05	₹1,21,212.65
CG Power & Industrial Solutions Ltd	₹620.55	₹94,867.01
Suzlon Energy Ltd	₹55.39	₹74,984.06
Waaree Energies Ltd	₹2,190.65	₹62,933.69

Bharat Heavy Electricals Ltd News

BHEL soars as PAT zooms 123% YoY to Rs 135 crore in Q3 FY25

Bharat Heavy Electricals (BHEL) jumped 4.29% to Rs 195.45 after the company's consolidated net profit zoomed 123.34% to Rs 134.70 crore in Q3 FY25 as against Rs 60.31 crore posted in Q3 FY24.

29 Jan 2025, 10:34 am

Bharat Heavy Electricals Ltd spurts 2.02%, up for fifth straight session

Bharat Heavy Electricals Ltd is quoting at Rs 218.41, up 2.02% on the day as on 12:44 IST on the NSE. The stock is up 7.62% in last one year as compared to a 9.88% jump in NIFTY and a 1.64% jump in the Nifty Energy.

20 Jan 2025, 01:00 pm

Bharat Heavy Electricals Ltd soars 3.9%, Gains for third straight session

Bharat Heavy Electricals Ltd is quoting at Rs 210.04, up 3.9% on the day as on 12:49 IST on the NSE. The stock is up 1.42% in last one year as compared to a 8.08% gain in NIFTY and a 1.81% gain in the Nifty Energy index.

16 Jan 2025, 01:05 pm

Bharat Heavy Electricals to convene board meeting

On 28 January 2025

10 Jan 2025, 12:48 pm

BHEL commissions hydroelectric project in Bhutan

Bharat Heavy Electricals said that it has successfully commissioned two units of the 6'170 MW Punatsangchhu-II Hydroelectric Project (PHEP-II) in Bhutan.

09 Jan 2025, 10:47 am

Bharat Heavy Electricals Ltd Stock Analysis

Annual revenue for Bharat Heavy Electricals Ltd increased by 2.52% to ₹24,480.70 crore in FY 2024 from ₹23,879.75 crore in FY 2023.
Annual Net Profit for Bharat Heavy Electricals Ltd decreased by 58.37% to ₹259.89 crore in FY 2024 from ₹624.28 crore in FY 2023.
Promoter Shareholding in Bharat Heavy Electricals Ltd remains unchanged by 0.00% in the most recent quarter, from 63.17% in September 2024 to 63.17% in December 2024.
Bharat Heavy Electricals Ltd delivered a 1-year return of -13.85% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Bharat Heavy Electricals Ltd share price moved up by 5.08% from its previous close of INR ₹196.37. The latest Bharat Heavy Electricals Ltd share price is INR ₹206.35.
Bharat Heavy Electricals Ltd share price today has been at a low of 195.79 and a high of 207.90. Over the past 52 weeks, the Bharat Heavy Electricals Ltd share price has seen a low of 184.14 and a high of 335.35.

About Bharat Heavy Electricals Ltd

Bharat Heavy Electricals Ltd (BHEL) was established in 1956. It stands as a renowned engineering and manufacturing company in India’s heavy electrical equipment and industrial technology sector. With a long legacy, BHEL has cemented its position as a crucial player in the industry.

Headquartered in New Delhi, BHEL was founded by the Government of India. The President of India remains its major promoter, holding approximately 63.17% of the company's shares. This government backing has been instrumental in the company’s growth and stability over the decades.

BHEL's product portfolio is diverse and comprehensive. It caters to various critical sectors. The company manufactures a wide range of heavy electrical equipment. This includes gas and steam turbines, ultra-high voltage transformers and power electronics. Additionally, BHEL produces boilers, electric motors and controlled shunt reactors. The company also specialises in switchgear, sensors and control systems.

These products serve multiple industries, primarily power generation and transmission. This allowed BHEL to maintain a strong presence in domestic and international markets. BHEL may not currently hold the top position in terms of market share or cap. But it is still a significant industry player. The company’s focus on innovation and its ability to cater to industrial needs has enabled it to maintain its competitive edge.

Under the leadership of K S Murthy as Chairman and Managing Director, BHEL continues to drive growth and development in India’s industrial landscape. There are also other managerial promoters who have played a hand in the company’s success. They are

Ramesh Patlya Mawaskar
Jai Prakash Srivastava
Tajinder Gupta
Vijay Mittal
K Sivaprasad

Bharat Heavy Electricals Ltd registered office is located at BHEL House, Siri Fort, New Delhi - 110049, India. Meanwhile, its registrar office is in Barakhamba Road, New Delhi. BHEL’s expertise and commitment make it a key contributor to India’s engineering capabilities.

The Impact of Government Ownership on BHEL’s Business Strategy

Government ownership has a profound impact on BHEL’s business strategy. As a public sector enterprise, government policies and priorities often influence the company’s decisions. This dual role of serving both commercial and national interests shapes the company’s operations in several ways.

One of the primary advantages of government ownership is the financial stability it provides. BHEL can access funding for large-scale projects more easily than private companies. This financial backing allows the company to do projects that need major capital investment. For instance, BHEL has been able to invest heavily in research and development (R&D) to innovate and improve its product offerings. This continuous investment helps BHEL maintain its competitive edge in the market.

Moreover, government ownership ensures that BHEL aligns its goals with national interests. This means prioritising projects that contribute to the country’s development. For example, Bharat Heavy Electricals Ltd might be tasked with setting up power plants in underdeveloped regions. These projects may not always be highly profitable. But they play a crucial role in nation-building and improving the quality of life for many citizens.

However, this alignment with national interests can also pose challenges. BHEL sometimes has to undertake projects that are not financially lucrative but are key for the country’s development. This can affect the company’s profitability and financial performance. Hence, balancing commercial objectives with social responsibilities is a delicate act for BHEL.

Another significant impact of government ownership is the bureaucratic processes involved. Being a government-owned entity, BHEL is subject to various regulatory and administrative procedures. Decision-making can be slower due to the need for approvals from multiple government bodies. This can hinder BHEL’s ability to respond quickly to market changes. It can also affect its ability to compete with private companies that have faster decision-making processes.

Despite these challenges, government ownership brings a high level of transparency and accountability. Bharat Heavy Electricals Ltd is subject to strict regulatory oversight. This ensures that it adheres to high standards of corporate governance. Having good transparency also helps build trust with stakeholders, including investors and employees. As a result, it enhances BHEL’s reputation as a reliable and ethical company.

Government ownership provides BHEL with a unique advantage in terms of policy support. The government often formulates policies that favour public sector enterprises. For instance, BHEL might receive preferential treatment in the allocation of contracts for government projects. This policy support can provide the company with a steady stream of business opportunities.

Government ownership allows BHEL to play a strategic role in the country’s industrial and economic development. The company is often involved in critical infrastructure projects that are vital for the country’s growth. These projects not only contribute to BHEL’s revenue but also enhance its strategic importance in the national economy. For instance, the company’s involvement in the development of power generation infrastructure is crucial for the country's energy needs.

Government ownership has a multifaceted impact on BHEL’s business strategy. It provides financial stability, policy support, and alignment with national interests. These are significant advantages. However, it also brings challenges, such as bureaucratic processes and slower decision-making. Despite these hurdles, the company’s ability to navigate these challenges and adapt to market dynamics has set it up for future success.