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BHEL share price

Bharat Heavy Electricals Ltd.

NSE: BHEL BSE: 500103 SECTOR: Engineering - Industrial Equipments  582k   2k   794

266.50
-0.10 (-0.04%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 269.1

Today's Low

₹ 264.2

52 Week High

₹ 335.4

52 Week Low

₹ 176

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.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

92796.99 Cr.

Enterprise Value

95447.52 Cr.

No. of Shares

348.21 Cr.

P/E

180.9

P/B

3.7

Face Value

₹ 2

Div. Yield

0.19 %

Book Value (TTM)

₹  72.12

CASH

6157.47 Cr.

DEBT

8808 Cr.

Promoter Holding

63.17 %

EPS (TTM)

₹  1.47

Sales Growth

2.26%

ROE

1.05 %

ROCE

3.28%

Profit Growth

-58.37 %

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

Your Added Ratios

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Index Presence

The company is present in 39 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 Year2.26%
3 Year11.34%
5 Year-4.72%

Profit Growth

1 Year-58.37%
3 Year27.97%
5 Year-26.46%

ROE%

1 Year1.05%
3 Year1.66%
5 Year-1.93%

ROCE %

1 Year3.28%
3 Year3.43%
5 Year0.1%

Debt/Equity

0.3544

Price to Cash Flow

-24.99

Interest Cover Ratio

1.2662

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2025 63.17 0.00
Dec 2024 63.17 0.00
Sep 2024 63.17 0.00
Jun 2024 63.17 0.00
Mar 2024 63.17 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 27.9694011648484% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of -146.9144 days.
  • The company has a high promoter holding of 63.17%.

 Limitations

  • The company has shown a poor revenue growth of 11.3445896524582% for the Past 3 years.
  • Company has a poor ROE of 1.66419749429476% over the past 3 years.
  • Company has a poor ROCE of 3.42647608932366% over the past 3 years
  • Company has negative cash flow from operations of -3712.9.
  • Tax rate is low at -17.9549.
  • The company has a low EBITDA margin of -15.0734127181374% over the past 5 years.
  • The company is trading at a high PE of 180.9.
  • The company is trading at a high EV/EBITDA of 53.8577.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Net Sales 8260.25 5484.92 6584.1 7277.09 8993.37
Total Expenditure 7532.39 5654.27 6309.1 6972.85 8161.69
Operating Profit 727.86 -169.35 275 304.24 831.68
Other Income 164.92 109.95 118.41 116.24 158.79
Interest 193.32 161.74 201.38 183.78 201.43
Depreciation 68.4 58.97 60.09 67.88 85.02
Exceptional Items 0 0 0 0 0
Profit Before Tax 631.06 -280.11 131.94 168.82 704.02
Tax 146.7 -67.59 35.27 44.05 199.97
Profit After Tax 484.36 -212.52 96.67 124.77 504.05
Adjusted EPS (Rs) 1.39 -0.61 0.28 0.36 1.45

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 21459.19 17308.44 21211.09 23364.94 23892.78
Total Expenditure 25075.85 22820.72 23587.6 25383.35 28094.09
Operating Profit -3616.66 -5512.28 -2376.51 -2018.41 -4201.31
Other Income 4068.58 2839.36 3574.41 3576.71 5498.18
Interest 611.17 465.63 446.89 612.19 827.64
Depreciation 502.86 473.05 314.06 260.34 248.9
Exceptional Items 0 0 0 0 0
Profit Before Tax -662.11 -3611.6 436.95 685.77 220.33
Tax 810.86 -894.46 26.71 61.49 -39.56
Net Profit -1472.97 -2717.14 410.24 624.28 259.89
Adjusted EPS (Rs.) -4.23 -7.8 1.18 1.79 0.75

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 696.41 696.41 696.41 696.41 696.41
Total Reserves 28484.8 25787.64 26274.75 24115.98 24154.18
Borrowings 0 0 0 0 0
Other N/C liabilities 5719.19 5238.45 4835.93 4815.66 5032.78
Current liabilities 24878.14 20977.53 21432.62 23538.97 25357.93
Total Liabilities 59778.54 52700.03 53239.71 53167.02 55241.3
Assets
Net Block 2814.08 2488.32 2398.46 2475.98 2574.04
Capital WIP 306.74 403.21 422.32 344.59 282.32
Intangible WIP 7.26 16.35 8.66 9.26 26.04
Investments 669.51 670 669.71 669.54 667.6
Loans & Advances 4801.41 20079.48 3424.18 3661.02 3521.69
Other N/C Assets 16176.92 50.09 18392.93 16852.71 13598.79
Current Assets 35002.62 28992.58 27923.45 29153.92 34570.82
Total Assets 59778.54 52700.03 53239.71 53167.02 55241.3
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -662.11 -3611.6 436.95 685.77 220.33
Adjustment 712.61 1742.02 -777.97 -740.26 -710.79
Changes in Assets & Liabilities -2620.27 2620.03 592.41 -796.63 -3444.61
Tax Paid -321.94 -190.39 408.88 110.42 222.17
Operating Cash Flow -2891.71 560.06 660.27 -740.7 -3712.9
Investing Cash Flow 1877.02 -42.55 -1125.33 1480.46 1330.86
Financing Cash Flow 1621.95 -393.19 -329.5 88.96 2655.74
Net Cash Flow 607.26 124.32 -794.56 828.72 273.7

Corporate Actions

Investors Details

PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
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 Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
investors 36.83 36.83 36.83 36.83 36.83
investor education and pr... 0.02 - 0.02 0.02 0.02
life insurance corporatio... 8.18 7.33 6.72 6.72 6.72
llp - - 0.03 0.04 0.04
nippon life india trustee... 1.33 1.28 1.97 2.28 2.47
nps trust- a/c sbi pensio... - - - - 1.04
government of singapore - 1.34 1.48 1.02 -
investor education and pr... - 0.02 - - -
quant mutual fund-quant m... 1.02 - - - -

Ratings & Research Reports

Company Presentations

Company News

Bharat Heavy Electricals reports 3% rise in Q4 consolidated net profit 16 May, 5:19 PM BHEL - Quaterly Results 16 May, 2:32 PM BHEL - Quaterly Results 16 May, 2:32 PM BHEL - Quaterly Results 16 May, 2:32 PM BHEL reports minor fire incident in Bhopal unit 25 Apr, 2:42 PM Bharat Heavy Electricals informs about change in management 25 Apr, 2:11 PM BHEL registers 19% growth in revenue in FY25 21 Apr, 3:42 PM BHEL signs technology transfer agreement with BARC 17 Apr, 10:08 AM Bharat Heavy Electricals informs about updates 16 Apr, 5:13 PM BHEL inks pact with M/s Nuovo Pignone International 10 Apr, 12:15 PM BHEL signs contract with Rajasthan Part I Power Transmission 3 Apr, 6:12 PM Bharat Heavy Electricals informs about press release 3 Apr, 5:30 PM Bharat Heavy Electricals bags LoI worth Rs 11,800 crore from CSPGCL 28 Mar, 2:29 PM Bharat Heavy Electricals informs about receipt of LOI 28 Mar, 12:46 PM BHEL extends technology collaboration agreement with M/s Vogt Power International 26 Mar, 12:39 PM Bharat Heavy Electricals bags LoI worth Rs 7,500 crore 21 Mar, 12:50 PM Bharat Heavy Electricals informs about changes in senior management 25 Feb, 10:31 AM Bharat Heavy Electricals informs about changes in senior management 25 Feb, 10:30 AM Bharat Heavy Electricals informs about disclosure 21 Feb, 10:00 AM BHEL bags LoI worth Rs 6700 crore from SCCL 15 Feb, 10:33 AM BHEL secures order for boiler island package for 2x660 MW Raghunathpur TPS in West Bengal 14 Feb, 12:00 PM Bharat Heavy Electricals informs about LOI 11 Feb, 5:13 PM BHEL, HEIL consortium secures contract from Rajasthan Part I Power Transmission 10 Feb, 2:11 PM BHEL receives LoA from MAHAGENCO 8 Feb, 10:20 AM BHEL reports over two-fold jump in Q3 consolidated net profit 29 Jan, 12:30 PM BHEL - Quaterly Results 28 Jan, 6:35 PM BHEL - Quaterly Results 28 Jan, 6:35 PM BHEL - Quaterly Results 28 Jan, 6:35 PM Bharat Heavy Electricals informs about changes in senior management 25 Jan, 9:31 AM Bharat Heavy Electricals informs about changes in senior management 25 Jan, 9:30 AM BHEL signs MoU with ONGC 10 Jan, 5:50 PM Bharat Heavy Electricals informs about board meeting 10 Jan, 2:43 PM BHEL commissions Unit-1 & 2 of Punatsangchhu-II Hydroelectric Project in Bhutan 8 Jan, 6:09 PM Bharat Heavy Electricals informs about press release 5 Dec, 1:52 PM Bharat Heavy Electricals informs about press release 26 Nov, 2:42 PM Bharat Heavy Electricals informs about change in senior management 25 Nov, 9:27 AM Bharat Heavy Electricals informs about press release 12 Nov, 3:53 PM BHEL emerges as successful bidder for Telangana Stage-II Supercritical Thermal Power Plant 12 Nov, 2:28 PM BHEL turns black in Q2FY25 28 Oct, 4:00 PM BHEL - Quaterly Results 28 Oct, 2:30 PM BHEL - Quaterly Results 28 Oct, 2:30 PM BHEL - Quaterly Results 28 Oct, 2:30 PM Bharat Heavy Electricals informs about rumour verification 22 Oct, 5:14 PM Bharat Heavy Electricals informs about compliance certificate 8 Oct, 4:55 PM Bharat Heavy Electricals informs about change in senior management 25 Sep, 10:47 AM Bharat Heavy Electricals informs about disclosure 24 Sep, 12:49 PM BHEL gets NOA from NTPC 21 Sep, 3:02 PM Bharat Heavy Electricals informs about receipt of orders 26 Aug, 10:54 AM BHEL signs agreement with Adani Power, Mahan Energen 26 Aug, 10:11 AM Bharat Heavy Electricals informs about disclosure 22 Aug, 10:58 AM

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

BHEL stock price today is Rs 266.41. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse BHEL . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 180.83763236492 which is high and comparatively overvalued .

  • Share Price: - The current share price of BHEL is Rs 266.41. One can use valuation calculators of ticker to know if BHEL share price is undervalued or 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 0.4795 % 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 1.3633 .

  • 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 1.0466 % .(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 Debt to Equity ratio of 0.3544 which means that the company has low proportion of debt in its capital.

  • Sales growth: - BHEL has reported revenue growth of 2.2591 % 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 -17.5840149199884 %.

  • 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 0.25 and the yield is 0.1877 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of BHEL is Rs 1.4732 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of BHEL in Ticker for free. Also, one can get the intrinsic value of BHEL by using Valuation Calculators, which are available with a Finology ONE subscription. 

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Brief about BHEL

Current BHEL Share Price

As of 3:30 PM IST on May 19, 2025, the Bharat Heavy Electricals Ltd (BHEL) share price is trading at Rs 244.45 on the NSE. The BHEL stock price today has seen a decrease of approximately 2.36% compared to its previous close of Rs 250.35 on May 16, 2025. The day's trading range for BHEL NSE has been between Rs 243.20 (low) and Rs 253.89 (high). Investors tracking the BHEL BSE price would find similar trends. For the most current, regularly updated BHEL share price, please refer to the live ticker section located above on this page. That section provides a real-time BHEL share price summary, including the day's high/low and the 52-week high/low.

BHEL Share Returns Performance

The historical returns for Bharat Heavy Electricals Ltd (BHEL) as of May 19, 2025, highlight its performance across various timeframes:

  • 1 Week: +9.47%
  • 1 Month: +11.93%
  • 3 Months: +18.12%
  • 1 Year: -15.86%
  • 5 Years: +796.17%

The BHEL returns indicate strong short-term positive momentum over the past week and month, along with a healthy gain over three months. However, the BHEL performance over the past year shows a negative return. In contrast, the long-term five-year BHEL historical returns are exceptionally strong, suggesting significant wealth creation for long-standing investors despite intermittent volatility. As detailed in the interactive charts and data section above on this webpage, you can explore the BHEL share price chart and analyse its returns generated over various specific time frames, such as one week, one month, six months, one year, three years, and five years.

Latest News Impacting BHEL Share Price

Several recent developments have been influencing the BHEL share value:

  1. Strong Q4 FY25 and Full-Year Results: BHEL announced its financial results for the quarter and fiscal year ended March 31, 2025, on May 16, 2025. For Q4 FY25, the company reported a net profit of Rs 504.45 crore, a 3% year-on-year (YoY) increase, and revenue from operations grew by 9% YoY to Rs 8,993.37 crore. For the full fiscal year FY25, net profit surged by 89.18% to Rs 533.90 crore, with revenue increasing by 18.6%. The board also recommended a final dividend of Rs 0.50 per share. This robust financial performance, particularly the strong annual growth and healthy sequential recovery in Q4, has been a positive factor for the BHEL stock price today and in recent sessions.

  2. Significant Order Inflows & Collaborations: BHEL has reported securing record orders worth Rs 92,534 crore in FY25. Key recent orders include an Rs 11,800 crore contract for a thermal power plant in Chhattisgarh (March 2025). Additionally, in April 2025, Titagarh Rail Systems and BHEL flagged off the Vande Bharat sleeper train production line. These substantial order wins and strategic collaborations underscore BHEL's strong market position and growth prospects, likely bolstering investor confidence and positively affecting the BHEL share price outlook.

  3. Analyst Ratings and Market Sentiment: Recent analyst ratings for BHEL have been mixed, with some brokerage houses maintaining a 'buy' or 'hold' while others have a 'sell' recommendation. For instance, reports on May 16, 2025, highlighted varying target prices. Such differing views can contribute to the factors affecting BHEL share price, leading to periods of consolidation or volatility as the market digests these perspectives alongside fundamental performance.

These news items collectively shape the current sentiment around the Bharat Heavy Electricals share price, with strong operational performance and order book growth providing a positive undercurrent, while market dynamics and analyst opinions add layers to price discovery.

Conclusion on BHEL Stock Price

The current BHEL stock price reflects a dynamic interplay of recent strong financial results for FY25, a very healthy order book, and varied analyst outlooks. While the BHEL share price has shown impressive short-term and exceptional long-term returns, the one-year performance has been subdued, indicating some consolidation or profit-booking after prior gains. The overall sentiment for the BHEL share price outlook appears to be cautiously optimistic, supported by fundamental improvements and significant contract wins, though market volatility and broader economic factors will continue to influence its trajectory. The BHEL stock analysis suggests a company in a growth phase, which could interest long-term investors.

BHEL Revenue Analysis

Total revenue for BHEL in Q2 FY25, aggregating up to September’ 2024 was Rs 6,584.10 crore, an upside of 28.5%, as compared to the total revenue of Rs 5,125.29 crore for the same Q2 FY24. This, from Rs 5,484.92 crore from the previous QoQ results, a sign of rebound in demand and operations following a sharp rise of 20.1%.

BHEL Operating Profit

For the second quarter ended December 2020, BHEL has achieved an operating profit of Rs 275 crore, reversing the Q2 FY 2021 operating loss of Rs -153.71 crore and the Q1 FY2022 operating loss of Rs -169.35 crore. This change in operation efficiency suggests improved cost controls and greater revenue generation.

BHEL Profit After Tax (PAT)

Q2 FY25 PAT stood at Rs 96.67 crore, significantly up from the Rs -58.30 crore loss in the same quarter of the previous fiscal. As seen above it also scores much higher than the loss incurred during the last quarter estimated at Rs  -212.52 crore; further the PAT also symbolizes the upgrading trend of the company’s profitability at the net level. It stood at Rs 0.20 in Q3 FY25, Rs -0.17 in Q2 FY24, and Rs -0.61 in QFY25.

BHEL: Interest and Depreciation knowledge

Interest expenses were also up at Rs 201.38 crore for Q2 FY25 compared to Rs 180.41 crore in Q2 FY24 and the depreciation costs remained constant signifying prudent capital asset utilisation at Rs 60.09 crore.

The analysis of this research provides BHEL’s standalone quarterly performance and reveals the changes in performance relevant to industrial perspective and expectations with shifting trends based on capital goods influencing NSE and BSE.

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