Bharat Heavy Electricals Ltd.

NSE: BHEL BSE: 500103 SECTOR: Engineering - Industrial Equipments  259k   1k   498

85.60
+2.40 (2.88%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 86

Today's Low

₹ 83.35

52 Week High

₹ 91.55

52 Week Low

₹ 41.4

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

29806.46 Cr.

Enterprise Value

27397.77 Cr.

No. of Shares

348.21 Cr.

P/E

66.6

P/B

1.09

Face Value

₹ 2

Div. Yield

0.47 %

Book Value (TTM)

₹  78.29

CASH

7153.69 Cr.

DEBT

4745 Cr.

Promoter Holding

63.17 %

EPS (TTM)

₹  1.29

Sales Growth

22.55%

ROE

1.53 %

ROCE

2.8%

Profit Growth

115.1 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Index Presence

The company is present in 29 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year22.55%
3 Year-11.33%
5 Year-5.7%

Profit Growth

1 Year115.1%
3 Year-30.24%
5 Year-3.72%

ROE%

1 Year1.53%
3 Year-4.36%
5 Year-1.37%

ROCE %

1 Year2.8%
3 Year-2.32%
5 Year1.24%

Debt/Equity

0.1759

Price to Cash Flow

45.14

Interest Cover Ratio

1.97775738996174

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 63.17 0
Dec 2022 63.17 0
Sep 2022 63.17 0
Jun 2022 63.17 0
Mar 2022 63.17 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company’s PEG ratio is 0.578626989071074.
  • The company has an efficient Cash Conversion Cycle of -109.066907801721 days.
  • The company has a high promoter holding of 63.17%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 107.754770532117.

 Limitations

  • The company has shown a poor profit growth of -30.2443886913756% for the Past 3 years.
  • The company has shown a poor revenue growth of -11.3275913054582% for the Past 3 years.
  • Company has a poor ROE of -4.36259251641421% over the past 3 years.
  • Company has a poor ROCE of -2.32037999946268% over the past 3 years
  • Tax rate is low at 6.11282755464012.
  • The company has a low EBITDA margin of -11.0865829067448% over the past 5 years.
  • The company is trading at a high PE of 66.6.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 8061.68 4672 5202.57 5263.38 8226.99
Total Expenditure 6909.78 4841.93 5446.49 5119.12 7240.84
Operating Profit 1151.9 -169.93 -243.92 144.26 986.15
Other Income 127.78 79.8 224.5 98.89 111.62
Interest 95.56 97.88 123.24 139.25 161.06
Depreciation 85.95 66.69 58.61 62.47 72.57
Exceptional Items 0 0 0 0 0
Profit Before Tax 1098.17 -254.7 -201.27 41.43 864.14
Tax 189.3 -62.85 -211.56 10.43 266.03
Profit After Tax 908.87 -191.85 10.29 31 598.11
Adjusted EPS (Rs) 2.61 -0.55 0.03 0.09 1.72

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 28813 30422.68 21459.19 17308.44 21211.09
Total Expenditure 29601.27 30539.45 25075.85 22820.72 23587.6
Operating Profit -788.27 -116.77 -3616.66 -5512.28 -2376.51
Other Income 3489.22 3016.13 4068.58 2839.36 3574.41
Interest 329.56 377.05 611.17 465.63 446.89
Depreciation 786.4 474.81 502.86 473.05 314.06
Exceptional Items 0 0 0 0 0
Profit Before Tax 1584.99 2047.5 -662.11 -3611.6 436.95
Tax 778.39 838.85 810.86 -894.46 26.71
Net Profit 806.6 1208.65 -1472.97 -2717.14 410.24
Adjusted EPS (Rs.) 2.2 3.47 -4.23 -7.8 1.18

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 734.28 696.41 696.41 696.41 696.41
Total Reserves 31866.8 30735.39 28484.8 25787.64 26274.75
Borrowings 57.18 95.45 0 0 0
Other N/C liabilities 5527.4 6376.16 5719.19 5238.45 4835.93
Current liabilities 24235.54 25918.39 24878.14 20977.53 21432.62
Total Liabilities 62421.2 63821.8 59778.54 52700.03 53239.71
Assets
Net Block 3068.84 2966.99 2814.08 2488.32 2398.46
Capital WIP 194.53 223.21 306.74 403.21 422.32
Intangible WIP 8.23 12.23 7.26 16.35 8.66
Investments 690.74 669.36 669.51 670 669.71
Loans & Advances 3687.14 4222.57 4801.41 20079.48 21672.42
Other N/C Assets 10304.61 14467.23 16176.92 50.09 144.69
Current Assets 44467.11 41260.21 35002.62 28992.58 27923.45
Total Assets 62421.2 63821.8 59778.54 52700.03 53239.71
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 1584.99 2047.5 -662.11 -3611.6 436.95
Adjustment 2636.2 2106.84 712.61 1742.02 -771.77
Changes in Assets & Liabilities -3273.78 -7589.19 -2620.27 2620.03 586.21
Tax Paid 43.14 -420.73 -321.94 -190.39 408.88
Operating Cash Flow 990.55 -3855.58 -2891.71 560.06 660.27
Investing Cash Flow 964.27 1914.91 1877.02 -42.55 -1125.33
Financing Cash Flow -671.03 -32.41 1621.95 -393.19 -329.5
Net Cash Flow 1283.79 -1973.08 607.26 124.32 -794.56

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 63.17 63.17 63.17 63.17 63.17
president of india 63.06 63.06 63.06 63.06 63.06
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 36.83 36.83 36.83 36.83 36.83
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Annual Reports

Ratings & Research Reports

Company Presentations

Company News

BHEL reports over 17% growth in new orders in 2022-2330 May 2023, 11:17AM BHEL reports 33% fall in Q4 consolidated net profit29 May 2023, 4:40PM BHEL - Quaterly Results26 May 2023, 5:31PM BHEL - Quaterly Results26 May 2023, 5:31PM BHEL - Quaterly Results26 May 2023, 5:31PM Bharat Heavy Electricals informs about change in management26 May 2023, 3:56PM Bharat Heavy Electricals board to consider final dividend22 May 2023, 2:20PM Bharat Heavy Electricals informs about disclosure18 Apr 2023, 2:57PM Bharat Heavy Electricals inks MoU with NPCIL12 Apr 2023, 4:30PM BHEL-TWL Consortium bags order to supply 80 Vande Bharat trainsets12 Apr 2023, 2:24PM Bharat Heavy Electrical informs about additional information on receipt of LOI4 Apr 2023, 4:37PM Bharat Heavy Electricals inks MoU with Indraprastha Gas22 Mar 2023, 4:18PM BHEL wins CBIP Award 2022 for Best Contribution in Solar Energy6 Mar 2023, 3:50PM Bharat Heavy Electricals informs about press release 4 Mar 2023, 12:37PM Bharat Heavy Electricals informs about change in part-time official director 15 Feb 2023, 12:27PM BHEL - Quaterly Results10 Feb 2023, 3:41PM BHEL - Quaterly Results10 Feb 2023, 3:41PM BHEL - Quaterly Results10 Feb 2023, 3:41PM Bharat Heavy Electricals informs about cessation of director28 Jan 2023, 2:59PM Bharat Heavy Electricals informs about board meeting28 Jan 2023, 10:11AM BHEL bags order worth Rs 300 crore 20 Jan 2023, 10:42AM Bharat Heavy Electricals informs about closure of trading window 30 Dec 2022, 11:34AM BHEL enters into Technology License Agreement with Sumitomo SHI FW23 Dec 2022, 3:29PM Bharat Heavy Electricals informs about press release29 Nov 2022, 12:41PM BHEL receives CII-EXIM Bank awards for Business Excellence 202229 Nov 2022, 12:16PM BHEL - Quaterly Results11 Nov 2022, 4:11PM BHEL - Quaterly Results11 Nov 2022, 4:11PM BHEL - Quaterly Results11 Nov 2022, 4:11PM Bharat Heavy Electricals informs about board meeting29 Oct 2022, 11:51AM BHEL inks pact with Coal India, NLC India 14 Oct 2022, 10:00AM BHEL secures order from NTPC28 Sep 2022, 10:57AM BHEL signs MoU with Rail Vikas Nigam29 Aug 2022, 10:00AM Bharat Heavy Electricals informs about record date for final dividend 26 Aug 2022, 4:07PM Bharat Heavy Electricals informs about AGM26 Aug 2022, 3:11PM BHEL wins Asia's Best CSR practices award19 Aug 2022, 10:45AM Bhel’s consolidated net loss narrows to Rs 188 crore in Q14 Aug 2022, 4:42PM BHEL - Quaterly Results4 Aug 2022, 2:32PM BHEL - Quaterly Results4 Aug 2022, 2:32PM BHEL - Quaterly Results4 Aug 2022, 2:32PM Bharat Heavy Electricals informs about letter of confirmation27 Jul 2022, 3:11PM Bharat Heavy Electricals informs about loss of share certificate7 Jul 2022, 4:53PM Bharat Heavy Electricals informs about certificate7 Jul 2022, 4:35PM BHEL commissions India’s largest floating Solar PV plant in Telangana7 Jul 2022, 2:18PM BHEL sells 0.68% stake in Neelachal Ispat Nigam4 Jul 2022, 4:13PM Bharat Heavy Electricals informs about credit rating28 Jun 2022, 10:34AM BHEL inks pact with GE Steam Power 21 Jun 2022, 3:21PM Bharat Heavy Electricals informs about resignation of independent director30 May 2022, 4:42PM BHEL turns black in Q4 23 May 2022, 9:59AM BHEL - Quaterly Results21 May 2022, 3:08PM BHEL - Quaterly Results21 May 2022, 3:08PM

BHEL Stock Price Analysis and Quick Research Report. Is BHEL an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a Low P/E are undervalued (it depends on other factors too). BHEL has a PE ratio of 66.5992375320937 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. BHEL has ROA of 0.77447801929663 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. BHEL has a Current ratio of 1.3028481818835 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. BHEL has a ROE of 1.53489248288427 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. BHEL has a D/E ratio of 0.1759 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. BHEL has an Inventory turnover ratio of 3.51688114117503 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - BHEL has reported revenue growth of 22.5476703850838 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of BHEL for the current financial year is -11.2040918217781 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for BHEL is Rs 0.4 and the yield is 0.4675 %.

Brief about BHEL

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