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B

Bharat Heavy Electricals Ltd

BHEL

bhel.com NSE BHEL BSE500103 ISIN: INE257A01026
426.05
-1.83% (-7.95)
Website

bhel.com

NSE
NSE

BHEL

BSE
BSE

500103

ISIN

INE257A01026

Announcement Post Market Close
General :: General
Aug 26 2026, 04:15:52 PM

Disclosure Under Section 30 Of SEBI (LODR), Regulations, 2015-Fine

As per attachment

Bharat Heavy Electricals Ltd
Since 1964

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.

Sector
Industrials Sector
Recent Announcements (…Last 3 Days)
B
26 Aug 202616:15:52
General::General
Disclosure Under Section 30 Of SEBI (LODR), Regulations, 2015-Fine

As per attachment

B
25 Aug 202609:42:13
General::Management Change
Announcement under Regulation 30 (LODR)-Change in Management

Change in Management

B
18 Aug 202610:05:04
General::Reg 29(2) Disclosure
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

B
13 Aug 202614:13:11
General::General
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

New alerts
B
12 Aug 202611:15:25
General::Credit Rating
Announcement under Regulation 30 (LODR)-Credit Rating

Information to Stock Exchange on BHEL''s Credit Rating Upgrade by M/s India Ratings & Research

New alerts
B
05 Aug 202617:41:27
Outcome::AGM
Shareholder Meeting / Postal Ballot-Outcome of AGM

Proceedings of the 62nd AGM of BHEL & voting results thereof

B
04 Aug 202613:28:27
General::Newspaper Publication
Announcement under Regulation 30 (LODR)-Newspaper Publication

Copy of newspaper publication

truewealth
Bharat Heavy Electricals Ltd
Industrials SectorSince 1964
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 Members
Mr.K. Sadashiv Murthy
Executive Director-Chairperson-MD
Ms.Arti Bhatnagar
Non-Executive - Nominee Director
Mr.Vijay Mittal
Non-Executive - Nominee Director
Mr.Ramesh Patlya Mawaskar
Non-Executive - Independent Director
Mr.Ashok Aseri
Non-Executive - Independent Director
Mr.Aashish Chaturvedi
Non-Executive - Independent Director
Mr.Krishna Kumar Thakur
Executive Director
Mr.Tajinder Gupta
Executive Director
Ms.Bani Varma
Executive Director
Mr.Rajesh Kumar Dwivedi
Executive Director
Mr.S. M. Ramanathan
Executive Director
Mr.Yogesh R Chhabra
Company Secretary & Compliance Officer
Awards & 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
NIFTY TOTAL MARKETNIFTY MIDCAP 50NIFTY MIDCAP 100NIFTY MIDCAP 150NIFTY MID SELECTNIFTY 500NIFTY 200NIFTY ENERGYNIFTY LARGEMID250NIFTY MIDSML 400NIFTY ENERGYNIFTY PSENIFTY INDIA MFGNIFTY500 MULTICAPNSE FNO
ISIN INE257A01026
Sector Industrials
IndustryHeavy Electrical Equipment
Company Timeline

60+ Years of Excellence | 9 Major Milestones

1964

Founded as Bharat Heavy Electricals Ltd (BHEL)

1972

Commissioned the first indigenously manufactured steam turbine

1978

Merged with Heavy Electricals (India) Ltd

1991

Listed on Bombay Stock Exchange (BSE)

2005

Secured the first major EPC contract for a supercritical thermal plant

2010

Expanded manufacturing capacity across India

2016

Entered renewable energy sector with flagship solar PV projects

2022

Launched strategic initiatives for hydrogen energy and advanced grid solutions

2024

Recognized for digital transformation and environmental sustainability leadership

Coming Soon

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


Registrars

Alankit Assignments Ltd

Tel: 011 - 42541234

Email: rta@alankit.com

Corporate Actions
16
PurposeEx DateRecord DateBC StartBC 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
-
-
.dsf..
Market Cap
₹1,48,336 Cr.
Curr. Price
₹426
52W High/Low
₹447 / 205
P/E (TTM)
61.02
Book Value
₹75.09
Price To Book Ratio
5.68
Face Value
₹2.00
Dividend Yield
0.33 %
Manage Ratio
11 ratios selected

Date Basis

Time Range

EPS
truewealth
FINANCIALS
Revenue
+19.2%
33,782.2 Cr
3Y +45%
5Y +95%
HIST AVG
Operating Income
+88.6%
2,342.2 Cr
3Y +227%
5Y +175%
HIST AVG
Net Income
+199.7%
1,600.3 Cr
3Y +235%
5Y +159%
HIST AVG
EPS
+200.7%
4.0
3Y +236%
5Y +159%
HIST AVG
Op. Cash Flow
+166.3%
5,837.4 Cr
3Y +887%
5Y +939%
HIST AVG
BHEL - Annual Results

Consolidated Figures in Rs. Crores

Annual Results+Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Income + - - - 31,027 22,054 17,657 21,566 23,854 24,439 28,805 34,59036,844
Expenses + - - - 28,969 22,739 21,297 21,146 23,430 24,260 28,118 32,51233,648
Profit + - - - 1,215 -1,468.35 -2,699.70 445 477 282 534 1,6002,432
Tax +---842809-896.23262-39.56212538822
EPS + - - - 3 -4.22 -7.75 1 1 0.81 2 51.08
Ratios +-
Cash Flow

Consolidated Figures in Rs. Crores

Annual Cash FlowMar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

-
Cash Flow Operating-----562660-742-3,7132,1925,837-
Cash Flow Investing------43-1,1251,4801,331-2,731-3,035-
Cash Flow Financing------396-322892,656-857-1,806-
Cash Increase Decrease-----123-787828274-1,396996-
Net Cash And Cash Equivalent-----0.001,5200.001,5611,835439-
Balance Sheet

Consolidated Figures in Rs. Crores

Annual Balance Sheet+Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

Heavy Electrical Equipment
Last Updated: June 18, 2025

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.

Industrials SectorSince 1964
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 Total Members
logo
Mr.K. Sadashiv Murthy
Executive Director-Chairperson-MD
logo
Ms.Arti Bhatnagar
Non-Executive - Nominee Director
logo
Mr.Vijay Mittal
Non-Executive - Nominee Director
logo
Mr.Ramesh Patlya Mawaskar
Non-Executive - Independent Director
logo
Mr.Ashok Aseri
Non-Executive - Independent Director
logo
Mr.Aashish Chaturvedi
Non-Executive - Independent Director
logo
Mr.Krishna Kumar Thakur
Executive Director
logo
Mr.Tajinder Gupta
Executive Director
logo
Ms.Bani Varma
Executive Director
logo
Mr.Rajesh Kumar Dwivedi
Executive Director
logo
Mr.S. M. Ramanathan
Executive Director
logo
Mr.Yogesh R Chhabra
Company Secretary & Compliance Officer
Awards & 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
Included In
NIFTY TOTAL MARKETNIFTY MIDCAP 50NIFTY MIDCAP 100NIFTY MIDCAP 150NIFTY MID SELECTNIFTY 500NIFTY 200NIFTY ENERGYNIFTY LARGEMID250NIFTY MIDSML 400NIFTY ENERGYNIFTY PSENIFTY INDIA MFGNIFTY500 MULTICAPNSE FNO
Details
ISIN: INE257A01026
Sector: Industrials
Industry: Heavy Electrical Equipment
Company Timeline
60+ Years of Excellence
9 Major Milestones
1964
Founded as Bharat Heavy Electricals Ltd (BHEL)
1972
Commissioned the first indigenously manufactured steam turbine
1978
Merged with Heavy Electricals (India) Ltd
1991
Listed on Bombay Stock Exchange (BSE)
2005
Secured the first major EPC contract for a supercritical thermal plant
2010
Expanded manufacturing capacity across India
2016
Entered renewable energy sector with flagship solar PV projects
2022
Launched strategic initiatives for hydrogen energy and advanced grid solutions
2024
Recognized for digital transformation and environmental sustainability leadership
Coming Soon: The Next Evolution
Contact Information
Registered Office
BHEL House, Siri Fort
Tel: 011-66337000 / 26001046,
Fax: 011-66337533 / 26493021,
Website: bhel.com
Registrars
Alankit Assignments Ltd
Tel: 011 - 42541234

Peer Comparison

Part ofNIFTY TOTAL MARKETNIFTY MIDCAP 50NIFTY MIDCAP 100NIFTY MIDCAP 150NIFTY MID SELECTNIFTY 500NIFTY 200NIFTY ENERGYNIFTY LARGEMID250NIFTY MIDSML 400NIFTY ENERGYNIFTY PSENIFTY INDIA MFGNIFTY500 MULTICAPNSE FNO
S.No.Company NameCMP (₹)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

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CompanyCMP (₹)MCap (₹ Cr)EPS TTM (₹)
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Financial Ratios

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Company NameP/E (TTM)EPS (₹)D/ENPMGPMROE (%)ROCE (%)P/B
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