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BHEL

BHEL Share Price

 

 

BHEL live price: ₹401.9. It opened at ₹411 vs previous close ₹411; intraday high/low: ₹413/₹401. The 50 & 200 DMA stand at ₹355.51/₹291.36.

BHEL Performance

  • Today's Low
  • ₹401
  • Today's High
  • ₹413
  • 52 Week Low
  • ₹205
  • 52 Week High
  • ₹425
  • Open Price₹411
  • Previous Close₹411
  • Volume4,823,151
  • 50 DMA₹355.51
  • 100 DMA₹320.67
  • 200 DMA₹291.36

BHEL Chart

Investment Returns

  • Over 1 Month + 14.34%
  • Over 3 Month + 53.71%
  • Over 6 Month + 41.14%
  • Over 1 Year + 54.15%

Smart Investing Starts Here Start SIP with BHEL for Steady Growth!

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BHEL Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 87.5
  • PEG Ratio
  • 0.4
  • Market Cap Cr
  • 139,944
  • P/B Ratio
  • 5.6
  • Average True Range
  • 12.98
  • EPS
  • 4.6
  • Dividend Yield
  • 0.1
  • MACD Signal
  • 24.27
  • RSI
  • 63.71
  • MFI
  • 64.49

Latest Stock News Updates

Valuations, execution concerns ahead for BHEL despite strong Q4 growth

BHEL's strong Q4FY26 performance and robust order book are offset by concerns over valuations, execution challenges, and sustainability of margin gains

BHEL Q4 result: Net profit jumps two-fold to 1,290 cr on strong revenue

State-owned BHEL on Monday posted a two-fold jump in consolidated net profit to Rs 1,290.47 crore during the quarter ended March 31, supported by growth in revenues. It had reported a net profit of Rs 504.45 crore in the same period a year ago, the company said in an exchange filing. During the fourth quarter, its total income surged to Rs 12,553.50 crore from Rs 9,142.64 crore in the January-March period of preceding 2024-25 financial year. For the entire FY26, the company's net profit jumped to Rs 1,600.26 crore from Rs 533.90 crore in the year ago. The board of the company also approved a final dividend of Rs 1.40 per share of Rs 2 each for the fiscal ended March 31, 2026. BHEL is India's largest engineering and manufacturing enterprise in the energy and infrastructure sectors.

Q4FY26 & FY26 Result Announced for Bharat Heavy Electricals Ltd.

Heavy Electrical Equipment company Bharat Heavy Electricals announced Q4FY26 & FY26 results Standalone Financial Highlights Revenue from Operations for Q4FY26 stood at Rs 12,310.37 crore, representing a QoQ growth of 45.29% compared to Rs 8,473.10 crore in Q3FY26 and a YoY increase of 36.88% from Rs 8,993.37 crore in Q4FY25. Total Income for the quarter was reported at Rs 12,562.49 crore, up 44.39% QoQ from Rs 8,700.18 crore and 37.26% YoY from Rs 9,152.16 crore. Net Profit for Q4FY26 reached Rs 1,282.68 crore, showing a significant QoQ increase of 235.35% from Rs 382.49 crore and a YoY growth of 154.47% against Rs 504.05 crore. For the full year FY26, Revenue from Operations was Rs 33,782.18 crore, a growth of 19.20% compared to Rs 28,339.48 crore in FY25. Total Income for FY26 stood at Rs 34,628.57 crore compared to Rs 28,842.87 crore in the previous year. The annual Net Profit for FY26 saw a substantial increase of 207.61%, reaching Rs 1,577.95 crore from Rs 512.97 crore in FY25. The Board of Directors has recommended a Final Dividend of Rs 1.40 per share of Rs 2/- each (i.e. @ 70% on the paid up share capital) for FY26. Basic and Diluted Earnings Per Share (EPS) for FY26 improved to Rs 4.53 from Rs 1.47 in FY25. Consolidated Financial Highlights Consolidated Revenue from Operations for Q4FY26 was Rs 12,310.37 crore, reflecting an increase of 45.29% QoQ and 36.88% YoY. Total Consolidated Income for the quarter stood at Rs 12,553.50 crore, compared to Rs 8,691.85 crore in Q3FY26 and Rs 9,142.64 crore in Q4FY25. Consolidated Net Profit (attributable to owners of the company) for Q4FY26 was Rs 1,290.47 crore, a growth of 230.55% QoQ from Rs 390.40 crore and 155.82% YoY from Rs 504.45 crore. For the full year FY26, Consolidated Revenue from Operations was Rs 33,782.18 crore, rising from Rs 28,339.48 crore in FY25. Annual Consolidated Net Profit for FY26 stood at Rs 1,600.26 crore, marking a 199.73% increase compared to Rs 533.90 crore in FY25. Consolidated Basic and Diluted EPS for FY26 was Rs 4.60 compared to Rs 1.53 in FY25. Business Highlights Power Segment: Revenue for Q4FY26 was Rs 9,509.85 crore compared to Rs 6,192.41 crore in Q4FY25. Annual revenue reached Rs 25,406.71 crore in FY26, up from Rs 20,937.25 crore in FY25. Segment results (Profit before tax and finance cost) for FY26 improved to Rs 2,451.24 crore from Rs 1,216.02 crore in the previous year. Industry Segment: Revenue for Q4FY26 was Rs 2,800.52 crore, roughly flat compared to Rs 2,800.96 crore in Q4FY25. Annual revenue grew to Rs 8,375.47 crore in FY26 from Rs 7,402.23 crore in FY25. Segment results (Profit before tax and finance cost) for FY26 stood at Rs 1,684.07 crore compared to Rs 1,262.45 crore in FY25. Result PDF

BHEL Financials

BHEL Technicals

EMA & SMA

Current Price
₹401.90
-8.85 (-2.15%)
pointer
  • Bearish Moving Average 6
  • Bullish Moving Average 10
  • 20 Day
  • ₹396.84
  • 50 Day
  • ₹355.51
  • 100 Day
  • ₹320.67
  • 200 Day
  • ₹291.36

Resistance and Support

407.68 Pivot Speed
  • R3 429.77
  • R2 421.38
  • R1 416.07
  • S1 402.37
  • S2 393.98
  • S3 388.67

Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Bharat Heavy Electricals Limited (BHEL) is India's leading engineering enterprise, offering power generation, transmission, and industrial solutions globally. With 16 manufacturing facilities, BHEL provides comprehensive solutions across energy, transportation, defense, and infrastructure sectors.

Bharat Heavy Electricals Ltd has an operating revenue of Rs. 33,782.18 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 6% is okay, ROE of 6% is fair but needs improvement. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 25% and 51% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 32% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 61 which is a FAIR score but needs to improve its earnings, a RS Rating of 94 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 15 indicates it belongs to a strong industry group of Machinery-Gen Industrial and a Master Score of A is the best. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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BHEL Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2026-05-04 Audited Results
2026-01-19 Quarterly Results
2025-10-29 Quarterly Results
2025-08-06 Quarterly Results
2025-05-16 Audited Results & Final Dividend
Date Purpose Remarks
2025-08-01 FINAL Rs.0.50 per share(25%)Final Dividend
2024-08-09 FINAL Rs.0.25 per share(12.5%)Final Dividend
2023-08-11 FINAL Rs.0.40 per share(20%)Final Dividend
2022-09-16 FINAL Rs.0.40 per share(20%)Final Dividend
View BHEL Dividend History Arrow

BHEL F&O

BHEL Shareholding Pattern

58.17%
12.88%
8.7%
7.23%
0.06%
9.3%
3.66%

About BHEL

Established in 1956, BHEL (Bharat Heavy Electricals Limited) is India's largest power generation equipment manufacturer under the ministry of heavy industries Government of India. It is also one of India’s major Public Sector enterprises (PSE) and is the single major source of coal, hydro, gas, nuclear, and solar energy. It serves several core sectors such as transmission, industrial systems and products, transportation, e-mobility & battery energy storage, renewable energy, oil & gas, water, and defence & aerospace.
As a leader in the power transmission sector in India, BHEL offers a good range of transmission systems and products conforming to international quality and standards. With the tagline "Powering Progress, Brightening Lives Touching Every Indian Home", BHEL utilises its huge infrastructure base of 17 Manufacturing Units, 2 Repair Units, 4 Regional Offices, 8 Service Centers, 8 Overseas Offices, 15 Regional Centers, and 7 Joint Ventures to execute more than 150 projects globally.

When India attained independence in 1947, one of the greatest challenges India faced was providing a good infrastructure base for economic and industrial development. Hence in 1956, the government of India established "Heavy Electricals India Limited" (HEIL), a Public Sector Company under the Ministry of Industry and Commerce, to provide a thrust to the industrial sector. As the industrial revolution kicked in and the demand for power generating capacity multiplied manifold, BHEL established the following power manufacturing plants :

  1. First at Tiruchirappalli (Tamil Nadu) for high-pressure boilers.
  2. Second one at Hyderabad (Telangana) for steam turbo generators and high-pressure pumps and compressors.
  3. Third plant at Haridwar (Uttarakhand) for large steam turbo generating sets and motors and hydro generating sets. All the initial preparatory work for BHEL was administered from Bhopal till November 1964, until the government decided to create a separate corporation for setting up and managing these three units.

Thus, Heavy Electricals India Limited was merged with Bharat Heavy Electricals Limited, and BHEL was born and formally incorporated on 13th November 1964. Over time as BHEL developed its capabilities and expanded across various sectors, it became a Public Limited company in 1991.

Apprehension towards BHEL

The state-owned company struggled as its order flow tumbled in the last decade. India's power producers sat on excess capacity, with power demand not growing as expected. As a result, 
Also, BHEL lacks marketing skills for its engineering equipment, which greatly affects the company's manufacturing capabilities, leading to inadequate supply in the market.
Another instance is the Commissioning of the 1,320MW Maitree Super Thermal Power Plant at Rampal, Bangladesh. The coal power plant was criticized immensely for its adverse effects on the environment due to its proximity to the Sundarbans mangrove forest.

Conclusion

Bharat Heavy Electricals Limited's (BHEL) share prices have fallen by 57% in the last year due to a weak domestic power sector, slow execution of projects, high debt, and drying up of investment funding. While the government is trying to revive the sector by breaking the State Electricity Boards into independent firms and allowing power tariff hikes, BHEL is a good contrarian value buy at the current market price with a 1-2 years perspective. BHEL is a true Maharatna PSU.

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  • NSE Symbol
  • BHEL
  • BSE Symbol
  • 500103
  • Chairman & Managing Director
  • Mr. K Sadashiv Murthy
  • ISIN
  • INE257A01026

Similar Stocks to BHEL

BHEL FAQs

BHEL share price is ₹401 As on 03 June, 2026 | 11:29

The Market Cap of BHEL is ₹139944.1 Cr As on 03 June, 2026 | 11:29

The P/E ratio of BHEL is 87.5 As on 03 June, 2026 | 11:29

The PB ratio of BHEL is 5.6 As on 03 June, 2026 | 11:29

As per Thomson Reuters, the overall mean recommendation by 20 analysts for BHEL stock is to Sell. The recommended breakup is as follows.

  • Three analysts recommend to Hold
  • Seven analysts are recommending to Sell
  • Ten analysts are recommending a Strong Sell
     

Within the Engineering sector, BHEL, Bharat electronics, AIA Engineering, are usually compared together by investors for analysis.

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Q2FY23