Disclosure Under Section 30 Of SEBI (LODR), Regulations, 2015-Fine
As per attachment
Bharat Heavy Electricals Ltd (BHEL) is a leading public sector engineering and manufacturing company in India, founded in 1964. Specializing in power plant equipment, BHEL delivers a broad portfolio of products and services encompassing thermal, hydro, nuclear, and gas-based power generation. The company's extensive manufacturing facilities and project execution capabilities support clients across both domestic and international markets, with a significant presence in the energy, transportation, and industrial systems sectors.
Disclosure Under Section 30 Of SEBI (LODR), Regulations, 2015-Fine
As per attachment
Announcement under Regulation 30 (LODR)-Change in Management
Change in Management
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India
BHEL Signs SCA With M/S Hystar AS, Norway For PEM Electrolyser Systems For Green Hydrogen Projects.
BHEL signs SCA with M/s Hystar AS, Norway for PEM Electrolyser Systems for Green Hydrogen projects
Announcement under Regulation 30 (LODR)-Credit Rating
Information to Stock Exchange on BHEL''s Credit Rating Upgrade by M/s India Ratings & Research
Shareholder Meeting / Postal Ballot-Outcome of AGM
Proceedings of the 62nd AGM of BHEL & voting results thereof
Announcement under Regulation 30 (LODR)-Newspaper Publication
Copy of newspaper publication
Bharat Heavy Electricals Ltd
About
Bharat Heavy Electricals Ltd (BHEL) is a leading public sector engineering and manufacturing company in India, founded in 1964. Specializing in power plant equipment, BHEL delivers a broad portfolio of products and services encompassing thermal, hydro, nuclear, and gas-based power generation. The company's extensive manufacturing facilities and project execution capabilities support clients across both domestic and international markets, with a significant presence in the energy, transportation, and industrial systems sectors.
BHEL’s operations are vertically integrated, covering engineering, manufacturing, construction, testing, commissioning, and servicing. The company is recognized for its contributions to India’s infrastructure, participating in strategic sectors such as defence, transportation, renewables, and oil & gas. Ongoing investments in R&D, digitalization, and green technology solutions underscore BHEL’s commitment to supporting sustainability, indigenization, and technological advancement.
Business Model & Strategy
BHEL generates revenue primarily through the design, engineering, manufacture, construction, and servicing of equipment and solutions for power generation, transmission, transportation, and related infrastructure projects. Its customer base spans public utilities, government enterprises, and select international clients. The company operates on a project-based model, securing large turnkey contracts and delivering equipment, EPC (engineering, procurement, and construction) services, and after-sales support.
BHEL’s growth strategies focus on expanding its footprint in renewable energy, enhancing its digital capabilities, localizing advanced technologies, and diversifying into emerging segments such as electric mobility, defence electronics, and hydrogen energy. Strategic collaborations, localization initiatives, and continual R&D investments drive operational efficiency and competitiveness.
Management Overview
12 MembersMr.K. Sadashiv Murthy
Executive Director-Chairperson-MDMs.Arti Bhatnagar
Non-Executive - Nominee DirectorMr.Vijay Mittal
Non-Executive - Nominee DirectorMr.Ramesh Patlya Mawaskar
Non-Executive - Independent DirectorMr.Ashok Aseri
Non-Executive - Independent DirectorMr.Aashish Chaturvedi
Non-Executive - Independent DirectorMr.Krishna Kumar Thakur
Executive DirectorMr.Tajinder Gupta
Executive DirectorMs.Bani Varma
Executive DirectorMr.Rajesh Kumar Dwivedi
Executive DirectorMr.S. M. Ramanathan
Executive DirectorMr.Yogesh R Chhabra
Company Secretary & Compliance OfficerAwards & Recognition
6 Awards- Ranked among India’s Top 10 Most Trusted Brands in Heavy Engineering (2024, Brand Trust Report)
- Received the CII-ITC Sustainability Award for Environmental Excellence (2024)
- Awarded 'Best PSU Implementing Digital Transformation' at the Dun & Bradstreet PSU Awards (2024)
- ISO 9001, 14001, and 45001 certified manufacturing facilities
- Included in the FTSE4Good Index for ESG performance (2023)
- Recognized as 'Top Performing PSE' by Department of Public Enterprises, Government of India (2024)
Market Information
Company Timeline
60+ Years of Excellence | 9 Major Milestones
Founded as Bharat Heavy Electricals Ltd (BHEL)
Commissioned the first indigenously manufactured steam turbine
Merged with Heavy Electricals (India) Ltd
Listed on Bombay Stock Exchange (BSE)
Secured the first major EPC contract for a supercritical thermal plant
Expanded manufacturing capacity across India
Entered renewable energy sector with flagship solar PV projects
Launched strategic initiatives for hydrogen energy and advanced grid solutions
Recognized for digital transformation and environmental sustainability leadership
The Next Evolution
Contact Information
Registered Office
BHEL House, Siri Fort
Tel: 011-66337000 / 26001046,
Fax: 011-66337533 / 26493021,
Email: companysecretary@bhel.in; shareholderquery@bhel.in
Website: bhel.com
Corporate Actions
16| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Final Dividend ₹1.40 per share | 17 Jul 2026 Friday | 17 Jul 2026 Friday | - | - |
Final Dividend ₹0.50 per share | 01 Aug 2025 Friday | 01 Aug 2025 Friday | - | - |
Final Dividend ₹0.25 per share | 09 Aug 2024 Friday | 09 Aug 2024 Friday | - | - |
Final Dividend ₹0.40 per share | 11 Aug 2023 Friday | 11 Aug 2023 Friday | - | - |
Final Dividend ₹0.40 per share | 15 Sep 2022 Thursday | 16 Sep 2022 Friday | - | - |
Final Dividend ₹1.20 per share | 11 Sep 2019 Wednesday | - | 13 Sep 2019 Friday | 19 Sep 2019 Thursday |
Interim Dividend ₹0.80 per share | 12 Feb 2019 Tuesday | 13 Feb 2019 Wednesday | - | - |
Buy Back of Shares | 05 Nov 2018 Monday | 06 Nov 2018 Tuesday | - | - |
Final Dividend ₹1.02 per share | 11 Sep 2018 Tuesday | - | 13 Sep 2018 Thursday | 19 Sep 2018 Wednesday |
Interim Dividend ₹0.80 per share | 15 Feb 2018 Thursday | 17 Feb 2018 Saturday | - | - |
Bonus issue 1:2 | 28 Sep 2017 Thursday | 30 Sep 2017 Saturday | - | - |
Final Dividend ₹0.78 per share | 23 Aug 2017 Wednesday | - | 26 Aug 2017 Saturday | 30 Aug 2017 Wednesday |
Interim Dividend ₹0.80 per share | 14 Feb 2017 Tuesday | 15 Feb 2017 Wednesday | - | - |
Final Dividend ₹0.40 per share | 14 Sep 2016 Wednesday | - | 16 Sep 2016 Friday | 22 Sep 2016 Thursday |
Final Dividend ₹0.62 per share | 14 Sep 2015 Monday | - | 16 Sep 2015 Wednesday | 22 Sep 2015 Tuesday |
Interim Dividend ₹0.54 per share | 16 Feb 2015 Monday | 18 Feb 2015 Wednesday | - | - |
₹1,48,336 Cr.
₹426
₹447 / 205
61.02
₹75.09
5.68
₹6.99
₹2.00
0.33 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | 31,027 | 22,054 | 17,657 | 21,566 | 23,854 | 24,439 | 28,805 | 34,590 | 36,844 |
| Expenses | - | - | - | 28,969 | 22,739 | 21,297 | 21,146 | 23,430 | 24,260 | 28,118 | 32,512 | 33,648 |
| Profit | - | - | - | 1,215 | -1,468.35 | -2,699.70 | 445 | 477 | 282 | 534 | 1,600 | 2,432 |
| Tax | - | - | - | 842 | 809 | -896.23 | 26 | 2 | -39.56 | 212 | 538 | 822 |
| EPS | - | - | - | 3 | -4.22 | -7.75 | 1 | 1 | 0.81 | 2 | 5 | 1.08 |
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | 64,416 | 60,784 | 55,240 | 56,244 | 59,370 | 59,006 | 68,083 | 76,186 | - |
| Equity And Liabilities | - | - | - | 64,416 | 60,784 | 55,240 | 56,244 | 59,370 | 59,006 | 68,083 | 76,186 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 16 May '19 | Mar 2020 27 Apr '20 | Mar 2021 09 Apr '21 | Mar 2022 08 Apr '22 | Mar 2023 10 Apr '23 | Mar 2024 06 Apr '24 | Mar 2025 04 Apr '25 | Mar 2026 08 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | - | - | - | - |
| Promoter And Promoter Group | - | - | - | 63.17% | 63.17% | 63.17% | 63.17% | 63.17% | 63.17% | 63.17% | 58.17% | - |
| Non Institutions | - | - | - | 6.61% | 9.66% | 19.87% | 20.17% | 12.75% | 12.13% | 13.29% | 10.62% | - |
| FII | - | - | - | - | - | - | - | 8.58% | 8.75% | 7.19% | 7.23% | - |
| DII | - | - | - | - | - | - | - | 15.50% | 15.94% | 16.35% | 23.98% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Bharat Heavy Electricals Ltd
Bharat Heavy Electricals Ltd
Bharat Heavy Electricals Ltd (BHEL) is a leading public sector engineering and manufacturing company in India, founded in 1964. Specializing in power plant equipment, BHEL delivers a broad portfolio of products and services encompassing thermal, hydro, nuclear, and gas-based power generation. The company's extensive manufacturing facilities and project execution capabilities support clients across both domestic and international markets, with a significant presence in the energy, transportation, and industrial systems sectors.
BHEL’s operations are vertically integrated, covering engineering, manufacturing, construction, testing, commissioning, and servicing. The company is recognized for its contributions to India’s infrastructure, participating in strategic sectors such as defence, transportation, renewables, and oil & gas. Ongoing investments in R&D, digitalization, and green technology solutions underscore BHEL’s commitment to supporting sustainability, indigenization, and technological advancement.
BHEL generates revenue primarily through the design, engineering, manufacture, construction, and servicing of equipment and solutions for power generation, transmission, transportation, and related infrastructure projects. Its customer base spans public utilities, government enterprises, and select international clients. The company operates on a project-based model, securing large turnkey contracts and delivering equipment, EPC (engineering, procurement, and construction) services, and after-sales support.
BHEL’s growth strategies focus on expanding its footprint in renewable energy, enhancing its digital capabilities, localizing advanced technologies, and diversifying into emerging segments such as electric mobility, defence electronics, and hydrogen energy. Strategic collaborations, localization initiatives, and continual R&D investments drive operational efficiency and competitiveness.
Ranked among India’s Top 10 Most Trusted Brands in Heavy Engineering (2024, Brand Trust Report)
Received the CII-ITC Sustainability Award for Environmental Excellence (2024)
Awarded 'Best PSU Implementing Digital Transformation' at the Dun & Bradstreet PSU Awards (2024)
ISO 9001, 14001, and 45001 certified manufacturing facilities
Included in the FTSE4Good Index for ESG performance (2023)
Recognized as 'Top Performing PSE' by Department of Public Enterprises, Government of India (2024)
Founded as Bharat Heavy Electricals Ltd (BHEL)
Commissioned the first indigenously manufactured steam turbine
Merged with Heavy Electricals (India) Ltd
Listed on Bombay Stock Exchange (BSE)
Secured the first major EPC contract for a supercritical thermal plant
Expanded manufacturing capacity across India
Entered renewable energy sector with flagship solar PV projects
Launched strategic initiatives for hydrogen energy and advanced grid solutions
Recognized for digital transformation and environmental sustainability leadership
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon
Heatmap View
Premium Feature| Company | CMP (₹) | MCap (₹ Cr) | EPS TTM (₹) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Coming Soon




