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B H E L share price & results

B H E L· Capital Goods· Industrials

Results to
Sept 2026
Ownership as of
Sept 2026

State-run heavy-engineering PSU making power, transmission, rail, defence and industrial equipment.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue9,300 ₹ crore+23.8% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin11.0 %+3.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit810 ₹ crore+120.1% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity10.76 %+4.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin15.57 %+8.9 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)29.08 %+0.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Price

₹399.9 +1.36% · +₹5.35

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +73.2% 1Y

₹250₹300₹350₹400₹450Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26

1Y: ₹230.94 on 24 Oct 2025 → ₹399.9. High ₹464 (14 Oct 2026), low ₹230.94 (24 Oct 2025).

Previous close
₹394.55
Market cap
₹1.4L Cr
52-week range
₹235 – ₹464
One year
+70.17%
Price to earnings (TTM to Sept 2026)
48.45×
Return on equity (TTM to Sept 2026)
10.76%

Overview

Symbol
NSE:BHEL
Industry
Industrials
Exchange
NSE
Currency
INR

What B H E L does

Based on the company's own presentations, annual report and earnings calls.

Bharat Heavy Electricals Limited is a Government of India Public Sector Undertaking (GoI holds a 63.17% stake), incorporated in 1964, that designs, manufactures and installs capital equipment for power generation across thermal, hydro, gas, nuclear and solar sources. Beyond power, it supplies transmission equipment, rail transportation electricals, defence & aerospace systems (including naval gun mounts), and oil & gas equipment to domestic and international customers. It earns mainly by winning EPC and equipment-supply orders from utilities, industry and government, executing them through its own manufacturing plants, and through an after-market spares and services business. BHEL operates through dedicated business groups for each sector (e.g. Power Sector Business Groups, Nuclear, Hydro, Transportation, Defence & Aerospace, Transmission, New & Renewable Energy) rather than as a single undifferentiated manufacturer.

Segments

  • Power
  • Industry (incl. exports)
Manufacturing plants
16 plants across India
Export footprint
Presence in 91 countries
Cumulative power equipment installed
205+ GW of power-generating equipment installed in India and abroad
Power capacity delivered overseas
13+ GW installed outside India, with 3.5 GW under execution
Captive power plants commissioned (cumulative)
~20 GW
HVDC projects executed
6 major HVDC projects since 1989
Founded 1964Headquarters BHEL House, Siri Fort, New DelhiEmployees 27,800 (2025-03-31) Company website

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