Bharat Heavy Electricals Ltd.

NSE: BHEL BSE: 500103 SECTOR: Engineering - Industrial Equipments

61.5
-1.2 (-1.91%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 63.95

Today's Low

₹ 61.25

52 Week High

₹ 79.55

52 Week Low

₹ 26.75

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
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.

Company Essentials

Market Cap

21414.69 Cr.

Enterprise Value

20058.44 Cr.

No. of Shares

348.21 Cr.

P/E

0

P/B

0.81

Face Value

₹ 2

Div. Yield

0%

Book Value (TTM)

₹  76.06

CASH

6418.56 Cr.

DEBT

5062.31 Cr.

Promoter Holding

63.17%

EPS (TTM)

₹  -7.8

Sales Growth

-29.37%

ROE

-4.86 %

ROCE

-0.15 %

Profit Growth

-221.87 %

* 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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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.

Peer Comparison

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

 Group Companies

Ratios

Sales Growth

1 Year-29.37%
3 Year-8.93%
5 Year-6.47%

Profit Growth

1 Year-221.87%
3 Year-243.75%
5 Year-200.75%

ROE%

1 Year-4.86%
3 Year0.47%
5 Year0.16%

ROCE %

1 Year-0.15%
3 Year4.33%
5 Year2.76%

Debt/Equity

0.1735

Price to Cash Flow

-7.41

Interest Cover Ratio

-0.0833483318880182

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 63.17 0
Mar 2021 63.17 0
Dec 2020 63.17 0
Sep 2020 63.17 0
Jun 2020 63.17 0
* Figures given above are % of equity capital

 Strengths

  • The company has a high promoter holding of 63.17%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 24.5377183692478.

 Limitations

  • The company has shown a poor profit growth of -243.751242952698% for the Past 3 years.
  • The company has shown a poor revenue growth of -8.93044099018991% for the Past 3 years.
  • Company has a poor ROE of 0.466896651412683% over the past 3 years.
  • Company has a poor ROCE of 4.33221082821171% over the past 3 years
  • Company has low Interest coverage ratio of -0.0833483318880182.
  • Company has negative cash flow from operations of -2890.96.
  • The company has a low EBITDA margin of -7.80933995719904% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Net Sales 5022.44 1990.9 3695.17 4451.36 7171.01
Total Expenditure 5584.18 3049.8 4327.64 4630.97 8435.33
Operating Profit -561.74 -1058.9 -632.47 -179.61 -1264.32
Other Income 148.22 95.53 104.78 85.31 84.22
Interest 141.15 114.55 94.5 85.79 78.25
Depreciation 154.28 118.49 115.2 112.79 126.57
Exceptional Items 0 0 0 0 0
Profit Before Tax -708.95 -1196.41 -737.39 -292.88 -1384.92
Tax 825.17 -299.26 -181.27 -61.89 -352.04
Profit After Tax -1534.12 -897.15 -556.12 -230.99 -1032.88
Adjusted EPS (Rs) -4.41 -2.58 -1.6 -0.66 -2.97

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

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 25482.63 28447.04 28813 30422.68 21486.06
Total Expenditure 28723.55 31199.5 29601.27 30539.45 25103.75
Operating Profit -3240.92 -2752.46 -788.27 -116.77 -3617.69
Other Income 3371.97 4641.28 3489.22 3016.13 4069.61
Interest 359.48 412.15 329.56 377.05 611.17
Depreciation 935.74 848.84 786.4 474.81 502.86
Exceptional Items 0 0 0 0 0
Profit Before Tax -1164.17 627.83 1584.99 2047.5 -662.11
Tax -454.57 131.97 778.39 838.85 810.86
Net Profit -709.6 495.86 806.6 1208.65 -1472.97
Adjusted EPS (Rs.) -1.93 1.35 2.2 3.47 -4.23

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 489.52 489.52 734.28 696.41 696.41
Total Reserves 31691.56 31804.92 31866.8 30735.39 28484.8
Borrowings 126.29 89.55 57.18 95.45 75.37
Other N/C liabilities 8472.78 4879.17 5527.4 6376.16 6611.22
Current liabilities 26975.87 23617.73 24235.54 25918.39 24946.5
Total Liabilities 67756.02 60880.89 62421.2 63821.8 60814.3
Assets
Net Block 3962.48 3595.88 3068.84 2966.99 2814.08
Capital WIP 309.5 159.51 194.53 223.21 306.74
Intangible WIP 8.38 8.83 8.23 12.23 7.26
Investments 664.16 661.42 690.74 669.36 669.51
Loans & Advances 11384.67 10034.5 3687.14 4222.57 5512.49
Other N/C Assets 49.24 34.73 10304.61 14467.23 16501.6
Current Assets 51377.59 46386.02 44467.11 41260.21 35002.62
Total Assets 67756.02 60880.89 62421.2 63821.8 60814.3
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit from operations -1164.17 627.83 1584.99 2047.5 -662.11
Adjustment 2499.13 1899.43 2636.2 2106.84 712.62
Changes in Assets & Liabilities -682.68 -1376.37 -3273.78 -7589.19 -2619.53
Tax Paid -305.35 -588.92 43.14 -420.73 -321.94
Operating Cash Flow 346.93 561.97 990.55 -3855.58 -2890.96
Investing Cash Flow 51.05 -565.94 964.27 1914.91 1836.54
Financing Cash Flow -123.86 -469.68 -671.03 -32.41 1661.68
Net Cash Flow 274.12 -473.65 1283.79 -1973.08 607.26

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 63.17 63.17 63.17 63.17 63.17
president of india 63.17 63.17 63.17 63.17 63.17
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 13.6 17.01 18.98 19.87 19.76
iepf 0.01 0.01 0.01 0.01 0
qualified institutional b... 0 1.02 0 1.14 0
qualified institutional b... 0 1.02 0 1.14 0
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 23.23 19.82 17.85 16.96 17.06
life insurance corporatio... 10.07 10.07 10.07 10.07 10.07
sbi arbitrage opportuniti... 0 0 0 0 0
amundi funds sbi fm india... 0 0 0 0 0
icici prudential growth f... 0 0 0 0 0
icici prudential value di... 1.14 0 0 0 0
sbi long term equity fund... 3.56 2.78 0 0 0
icici prudential midcap 1... 0 1.1 0 0 0
icici prudential equity a... 0 0 1.05 0 0
iepf 0 0 0 0 0.01
qualified institutional b... 0 0 0 0 1.04

Company Presentations

Company News

Bharat Heavy Electricals informs about press release9 Jul 2021, 2:59PM BHEL bags order for Nuclear Steam Generators from NPCIL 9 Jul 2021, 2:00PM BHEL supplies medical oxygen plant in record time5 Jul 2021, 12:46PM BHEL supplements Nation’s efforts of battling COVID pandemic22 Jun 2021, 2:26PM Bharat Heavy Electricals informs about declaration22 Jun 2021, 12:37PM Bharat Heavy Electricals informs about newspaper publication14 Jun 2021, 4:32PM BHEL’s consolidated net loss narrows to Rs 1035 crore in Q412 Jun 2021, 10:00AM Bharat Heavy Electricals informs about board meeting4 Jun 2021, 12:10PM Bharat Heavy Electricals creates oxygen cylinder filling capacity of 3,000 units per day at Haridwar facility24 May 2021, 4:56PM BHEL floats tenders for setting up cryogenic-based oxygen generation plants: Report 24 May 2021, 10:45AM BHEL to procure goods worth Rs 3000 crore from small businesses annually17 Apr 2021, 10:41AM BTL EPC bags order from BHEL 6 Apr 2021, 2:19PM BHEL secures major order from Indian Oil Corporation 31 Mar 2021, 11:31AM BHEL secures first ever overseas turnkey contract for grid connected Solar PV Power Plant22 Mar 2021, 1:29PM BHEL emerged as lowest bidder for fleet mode tender17 Mar 2021, 5:16PM BHEL conducts Boiler Light-up of 800 MW North Chennai Supercritical Power Project12 Mar 2021, 12:46PM BHEL bags order for main guns of frontline ships 11 Feb 2021, 1:15PM BHEL reports net loss of Rs 217 crore in Q3 8 Feb 2021, 10:38AM BHEL informs about financial results6 Feb 2021, 3:55PM BHEL commissions 800 MW Supercritical Thermal Power Plant in Madhya Pradesh4 Feb 2021, 2:45PM Bharat Heavy Electricals informs about cessation of director1 Feb 2021, 10:52AM BHEL wins Institute of Chartered Accountants of India’s National Award 19 Jan 2021, 12:50PM Bharat Heavy Electricals informs about redemption of CP18 Jan 2021, 3:15PM BHEL secures order for steam and power plant from NALCO11 Jan 2021, 2:01PM Bharat Heavy Electricals informs about press release11 Jan 2021, 1:55PM BHEL bags orders worth Rs 3,200 crore for Hydro Projects31 Dec 2020, 12:37PM BHEL bags order for reactor header assemblies from NPCIL30 Dec 2020, 1:23PM BHEL extends support to indigenous suppliers including MSMEs 22 Dec 2020, 2:03PM BHEL expedites project execution through innovation4 Dec 2020, 1:20PM BHEL establishes new record with India’s highest-rated Auto Transformer27 Nov 2020, 1:22PM Bharat Heavy Electricals informs about redemption payment of CP6 Oct 2020, 3:37PM BHEL to establish high temperature turbine rotor test rig 18 Sep 2020, 1:46PM BHEL enters into MoU with SwissRapide AG to bring Maglev trains to India 17 Sep 2020, 9:33AM BHEL awards order to OKAYA15 Sep 2020, 4:20PM BHEL takes number of steps towards meeting vision of AtmaNirbhar Bharat4 Sep 2020, 2:17PM Bharat Heavy Electricals informs about board meeting29 Aug 2020, 9:56AM BHEL commences civil works at Sagardighi Supercritical Thermal Power Plant in West Bengal7 Aug 2020, 2:02PM Bharat Heavy Electricals informs about record date of CP30 Jul 2020, 3:43PM Bharat Heavy Electricals informs about redemption of CP30 Jul 2020, 3:19PM BHEL showcases capabilities for developing self-reliance in manufacturing17 Jul 2020, 2:20PM BHEL successfully commissions 1.7 MW Solar PV Plant at Madhya Pradesh9 Jul 2020, 12:48PM CARE downgrades rating on long-term bank facilities of BHEL29 Jun 2020, 11:50AM BHEL reports consolidated net loss of Rs 1533 crore in Q415 Jun 2020, 3:20PM BHEL commissions 270 MW Thermal power plant in Telangana9 Jun 2020, 3:09PM BHEL invites Global OEMs to leverage its facilities, capabilities to ‘Make in India’4 May 2020, 2:26PM

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 -7.93264301824892 which is low and comparatively undervalued .

  • 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 -2.3636330084141 % 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 1.40310744994288 .

  • 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 -4.86024370015612 % .(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 0.1735 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 2.91249524778854 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - BHEL has reported revenue growth of -29.3748611233461 % which is poor 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 -16.8373820048906 %.

  • 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 and the yield is 0 %.

Brief about BHEL

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