Bharat Heavy Electricals, 500103, BHEL Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

78,154.91
150.57
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

82,114.80
0.11%
3.21

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-2.45
2.17
4.05

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
3.02
12.05

PAT CAGR (%)

10 Years
5 Years
3 Years

-15.11
-
-14.15

P:E (Median)

8 Years
5 Years
3 Years

32.61
-
38.88

P:BV (Average)

8 Years
5 Years
3 Years

1.29
1.57
2.19

EV:EBITDA (Average)

8 Years
5 Years
3 Years

22.62
32.46
57.76

Earnings Forecasts:

Description 2024 2025 2026 2027
Adj EPS 0.81 1.86 7.99 10.77
P/E Ratio 305.75 133.15 30.98 22.98
Revenue 22921 32576 42803 53492
EBITDA 613 1313 3571 4934
Net Income 282 766 2633 3822
ROA 0.5 2.1 4.5 5.7
P/B Ratio 3.53 3.51 3.24 2.94
ROE 1.16 3.12 10.11 13.39
FCFF -4093.21 5589.06 1739.84 2382.53
FCFF Yield -4.67 6.38 1.98 2.72

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 Var%
Net Sales 7,277.09 5,503.81 32.22% 6,584.10 5,125.29 28.46% 5,484.92 5,003.43 9.62% 8,260.25 8,226.99 0.40%
Expenses 6,972.85 5,287.27 31.88% 6,309.10 5,279.00 19.51% 5,654.27 5,181.52 9.12% 7,532.39 7,178.01 4.94%
EBITDA 304.24 216.54 40.50% 275.00 -153.71 - -169.35 -178.09 - 727.86 1,048.98 -30.61%
EBIDTM 4.18% 3.93% 4.18% -3.00% -3.09% -3.56% 8.81% 12.75%
Other Income 116.24 104.15 11.61% 118.41 196.75 -39.82% 109.95 122.10 -9.95% 164.92 111.62 47.75%
Interest 183.78 189.60 -3.07% 201.38 180.41 11.62% 161.74 167.96 -3.70% 193.32 161.06 20.03%
Depreciation 67.88 60.60 12.01% 60.09 59.91 0.30% 58.97 59.99 -1.70% 68.40 72.57 -5.75%
PBT 168.82 70.49 139.49% 131.94 -197.28 - -280.11 -283.94 - 631.06 926.97 -31.92%
Tax 44.05 24.18 82.18% 35.27 -138.98 - -67.59 -71.46 - 146.70 281.84 -47.95%
PAT 124.77 46.31 169.42% 96.67 -58.30 - -212.52 -212.48 - 484.36 645.13 -24.92%
PATM 1.71% 0.84% 1.47% -1.14% -3.87% -4.25% 5.86% 7.84%
EPS 0.36 0.13 176.92% 0.28 -0.17 - -0.61 -0.61 - 1.39 1.85 -24.86%

Description Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 Var%
EBITDA 304.24 216.54 40.50% 275.00 -153.71 - -169.35 -178.09 - 727.86 1,048.98 -30.61%
EBIDTM 4.18% 3.93% 4.18% -3.00% -3.09% -3.56% 8.81% 12.75%
Other Income 107.91 95.82 12.62% 111.27 180.09 -38.21% 96.86 113.77 -14.86% 156.59 111.62 40.29%
Interest 183.78 189.60 -3.07% 201.38 180.41 11.62% 161.74 167.96 -3.70% 193.32 161.06 20.03%
Depreciation 67.88 60.60 12.01% 60.09 59.91 0.30% 58.97 59.99 -1.70% 68.40 72.57 -5.75%
PBT 160.49 62.16 158.19% 124.80 -213.94 - -293.20 -292.27 - 622.73 926.97 -32.82%
Tax 44.05 24.18 82.18% 35.27 -138.98 - -67.59 -71.46 - 146.70 281.84 -47.95%
PAT 116.44 37.98 206.58% 89.53 -74.96 - -225.61 -220.81 - 476.03 645.13 -26.21%
PATM 1.60% 0.69% 1.36% -1.46% -4.11% -4.41% 5.76% 7.84%
EPS 0.39 0.17 129.41% 0.30 -0.18 - -0.61 -0.59 - 1.41 1.89 -25.40%
Net Sales 7,277.09 5,503.81 32.22% 6,584.10 5,125.29 28.46% 5,484.92 5,003.43 9.62% 8,260.25 8,226.99 0.40%
Expenses 6,972.85 5,287.27 31.88% 6,309.10 5,279.00 19.51% 5,654.27 5,181.52 9.12% 7,532.39 7,178.01 4.94%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 27,606.36 23,892.78 23,364.94 21,211.09 17,308.44 21,459.19 30,422.68 28,813.00 28,447.04 25,482.63 30,017.58 Net Sales Growth 15.70% 2.26% 10.15% 22.55% -19.34% -29.46% 5.59% 1.29% 11.63% -15.11% Cost Of Goods Sold 18,412.46 11,547.99 10,475.46 9,729.79 8,669.42 10,737.71 13,980.40 12,719.87 14,097.29 13,212.35 13,365.95 Gross Profit 9,193.90 12,344.79 12,889.48 11,481.30 8,639.02 10,721.48 16,442.28 16,093.13 14,349.75 12,270.28 16,651.63 GP Margin 33.30% 51.67% 55.17% 54.13% 49.91% 49.96% 54.05% 55.85% 50.44% 48.15% 55.47% Total Expenditure 26,468.61 28,094.09 25,383.35 23,587.60 22,820.72 25,075.85 30,539.45 29,601.27 31,199.50 28,723.55 29,621.75 Power & Fuel Cost - 475.59 510.50 435.58 353.61 486.08 537.01 503.68 494.51 499.06 554.57 % Of Sales - 1.99% 2.18% 2.05% 2.04% 2.27% 1.77% 1.75% 1.74% 1.96% 1.85% Employee Cost - 5,628.84 5,700.63 5,516.84 5,372.26 5,426.41 5,501.60 6,067.34 5,394.59 5,379.75 5,447.91 % Of Sales - 23.56% 24.40% 26.01% 31.04% 25.29% 18.08% 21.06% 18.96% 21.11% 18.15% Manufacturing Exp. - 5,765.03 6,279.55 5,492.89 3,656.74 3,932.55 5,096.39 4,444.51 4,138.42 4,041.19 4,410.43 % Of Sales - 24.13% 26.88% 25.90% 21.13% 18.33% 16.75% 15.43% 14.55% 15.86% 14.69% General & Admin Exp. - 611.62 587.32 512.33 599.80 788.26 810.72 777.42 872.45 448.52 457.60 % Of Sales - 2.56% 2.51% 2.42% 3.47% 3.67% 2.66% 2.70% 3.07% 1.76% 1.52% Selling & Distn. Exp. - 217.15 261.81 251.18 230.18 317.20 407.48 430.13 468.23 392.28 415.35 % Of Sales - 0.91% 1.12% 1.18% 1.33% 1.48% 1.34% 1.49% 1.65% 1.54% 1.38% Miscellaneous Exp. - 3,847.87 1,568.08 1,648.99 3,938.71 3,387.64 4,205.85 4,658.32 5,734.01 4,750.40 415.35 % Of Sales - 16.10% 6.71% 7.77% 22.76% 15.79% 13.82% 16.17% 20.16% 18.64% 16.56% EBITDA 1,137.75 -4,201.31 -2,018.41 -2,376.51 -5,512.28 -3,616.66 -116.77 -788.27 -2,752.46 -3,240.92 395.83 EBITDA Margin 4.12% -17.58% -8.64% -11.20% -31.85% -16.85% -0.38% -2.74% -9.68% -12.72% 1.32% Other Income 509.52 5,498.18 3,576.71 3,574.41 2,839.36 4,068.58 3,016.13 3,489.22 4,641.28 3,371.97 2,913.15 Interest 740.22 827.64 612.19 446.89 465.63 611.17 377.05 329.56 412.15 359.48 91.65 Depreciation 255.34 248.90 260.34 314.06 473.05 502.86 474.81 786.40 848.84 935.74 1,077.32 PBT 651.71 220.33 685.77 436.95 -3,611.60 -662.11 2,047.50 1,584.99 627.83 -1,164.17 2,140.01 Tax 158.43 -39.56 61.49 26.71 -894.46 810.86 838.85 778.39 131.97 -454.57 720.72 Tax Rate 24.31% -17.95% 8.97% 6.11% 24.77% -122.47% 40.97% 49.11% 21.02% 39.05% 33.68% PAT 493.28 259.89 624.28 410.24 -2,717.14 -1,472.97 1,208.65 806.60 495.86 -709.60 1,419.29 PAT before Minority Interest 493.28 259.89 624.28 410.24 -2,717.14 -1,472.97 1,208.65 806.60 495.86 -709.60 1,419.29 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 1.79% 1.09% 2.67% 1.93% -15.70% -6.86% 3.97% 2.80% 1.74% -2.78% 4.73% PAT Growth 17.26% -58.37% 52.17% - - - 49.85% 62.67% - - EPS 1.42 0.75 1.79 1.18 -7.80 -4.23 3.47 2.32 1.42 -2.04 4.08

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 27,606.36 23,892.78 23,364.94 21,211.09 17,308.69 21,463.14 30,441.38 28,827.48 28,477.03 25,520.44 30,623.03 Net Sales Growth 15.70% 2.26% 10.15% 22.55% -19.36% -29.49% 5.60% 1.23% 11.59% -16.66% Cost Of Goods Sold 18,412.46 11,547.99 10,475.46 9,729.79 8,669.42 10,739.21 13,993.42 12,728.84 14,118.82 13,265.21 13,859.33 Gross Profit 9,193.90 12,344.79 12,889.48 11,481.30 8,639.27 10,723.93 16,447.96 16,098.64 14,358.21 12,255.23 16,763.70 GP Margin 33.30% 51.67% 55.17% 54.13% 49.91% 49.96% 54.03% 55.84% 50.42% 48.02% 54.74% Total Expenditure 26,468.61 28,094.09 25,383.35 23,589.94 22,826.89 25,084.29 30,562.02 29,579.72 31,233.82 28,835.14 30,186.82 Power & Fuel Cost - 475.59 510.50 435.58 353.76 486.35 537.32 503.99 494.87 499.47 556.46 % Of Sales - 1.99% 2.18% 2.05% 2.04% 2.27% 1.77% 1.75% 1.74% 1.96% 1.82% Employee Cost - 5,628.84 5,700.63 5,519.05 5,378.15 5,431.65 5,509.25 6,075.55 5,402.71 5,387.15 5,473.37 % Of Sales - 23.56% 24.40% 26.02% 31.07% 25.31% 18.10% 21.08% 18.97% 21.11% 17.87% Manufacturing Exp. - 5,765.03 6,279.55 5,492.89 3,656.85 3,932.84 5,123.73 4,445.60 4,139.97 4,089.06 4,439.76 % Of Sales - 24.13% 26.88% 25.90% 21.13% 18.32% 16.83% 15.42% 14.54% 16.02% 14.50% General & Admin Exp. - 611.62 587.32 512.33 599.82 788.34 810.92 777.42 872.63 448.76 463.81 % Of Sales - 2.56% 2.51% 2.42% 3.47% 3.67% 2.66% 2.70% 3.06% 1.76% 1.51% Selling & Distn. Exp. - 217.15 261.81 251.18 230.18 317.20 381.30 430.13 468.75 392.85 415.55 % Of Sales - 0.91% 1.12% 1.18% 1.33% 1.48% 1.25% 1.49% 1.65% 1.54% 1.36% Miscellaneous Exp. - 3,847.87 1,568.08 1,649.12 3,938.71 3,388.70 4,206.08 4,618.19 5,736.07 4,752.64 415.55 % Of Sales - 16.10% 6.71% 7.77% 22.76% 15.79% 13.82% 16.02% 20.14% 18.62% 16.26% EBITDA 1,137.75 -4,201.31 -2,018.41 -2,378.85 -5,518.20 -3,621.15 -120.64 -752.24 -2,756.79 -3,314.70 436.21 EBITDA Margin 4.12% -17.58% -8.64% -11.22% -31.88% -16.87% -0.40% -2.61% -9.68% -12.99% 1.42% Other Income 472.63 5,456.53 3,550.53 3,561.14 2,817.94 4,052.30 3,000.01 3,475.37 4,628.55 3,465.92 2,925.52 Interest 740.22 827.64 612.19 448.13 466.56 612.67 378.29 330.17 412.84 359.81 92.43 Depreciation 255.34 248.90 260.34 314.12 473.25 503.27 475.74 787.33 849.79 936.70 1,082.01 PBT 614.82 178.68 659.59 420.04 -3,640.07 -684.79 2,025.34 1,605.63 609.13 -1,145.29 2,187.29 Tax 158.43 -39.56 61.49 25.75 -896.23 809.28 837.32 776.68 130.39 -455.55 736.85 Tax Rate 25.77% -22.14% 9.32% 6.13% 24.62% -118.18% 41.34% 48.37% 21.41% 39.78% 33.69% PAT 456.39 282.22 654.12 446.03 -2,697.11 -1,491.73 1,190.70 831.92 480.82 -688.29 1,452.38 PAT before Minority Interest 456.39 282.22 654.12 444.71 -2,699.70 -1,494.07 1,188.02 828.95 478.74 -689.74 1,450.44 Minority Interest 0.00 0.00 0.00 1.32 2.59 2.34 2.68 2.97 2.08 1.45 1.94 PAT Margin 1.65% 1.18% 2.80% 2.10% -15.58% -6.95% 3.91% 2.89% 1.69% -2.70% 4.74% PAT Growth 17.83% -56.86% 46.65% - - - 43.13% 73.02% - - EPS 1.31 0.81 1.88 1.28 -7.75 -4.28 3.42 2.39 1.38 -1.98 4.17

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 24,850.59 24,812.39 26,971.16 26,484.05 29,181.21 31,431.80 32,601.08 32,294.44 32,181.08 34,084.60 Share Capital 696.41 696.41 696.41 696.41 696.41 696.41 734.28 489.52 489.52 489.52 Total Reserves 24,154.18 24,115.98 26,274.75 25,787.64 28,484.80 30,735.39 31,866.80 31,804.92 31,691.56 33,595.08 Non-Current Liabilities 5,032.78 4,815.66 4,835.93 5,238.45 5,719.19 6,471.61 5,584.58 4,968.72 8,599.07 15,910.87 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 95.45 57.18 89.55 126.29 61.00 Long Term Provisions 2,489.08 4,101.02 3,771.21 3,912.78 4,212.13 5,463.14 4,923.11 5,001.35 7,624.50 12,711.76 Current Liabilities 25,357.93 23,538.97 21,432.62 20,977.53 24,878.14 25,918.39 24,235.54 23,617.73 26,975.87 22,160.39 Trade Payables 8,696.24 9,895.83 7,749.59 6,675.05 8,823.62 11,375.11 10,586.86 8,709.16 8,698.34 8,798.94 Other Current Liabilities 5,510.29 5,402.09 5,809.86 5,645.89 5,740.26 6,646.51 7,536.91 7,224.95 8,689.32 9,123.31 Short Term Borrowings 8,808.00 5,385.00 4,745.00 4,833.78 4,933.39 2,431.74 0.00 0.00 0.00 0.00 Short Term Provisions 2,343.40 2,856.05 3,128.17 3,822.81 5,380.87 5,465.03 6,111.77 7,683.62 9,588.21 4,238.14 Total Liabilities 55,241.30 53,167.02 53,239.71 52,700.03 59,778.54 63,821.80 62,421.20 60,880.89 67,756.02 72,155.86 Net Block 2,574.04 2,475.98 2,398.46 2,488.32 2,814.08 2,966.99 3,068.84 3,595.88 3,962.48 4,138.27 Gross Block 7,236.24 6,948.85 6,639.82 6,463.25 6,331.28 5,951.04 5,626.14 5,372.48 4,896.01 12,585.65 Accumulated Depreciation 4,662.20 4,472.87 4,241.36 3,974.93 3,517.20 2,984.05 2,557.30 1,776.60 933.53 8,447.38 Non Current Assets 20,670.48 24,013.10 25,316.26 23,707.45 24,775.92 22,561.59 17,954.09 14,494.87 16,378.43 23,618.10 Capital Work in Progress 308.36 353.85 430.98 419.56 314.00 235.44 202.76 168.34 317.88 517.80 Non Current Investment 667.60 669.54 669.71 670.00 669.51 669.36 690.74 661.42 664.16 417.67 Long Term Loans & Adv. 3,521.69 3,661.02 3,424.18 20,079.48 20,925.17 4,222.57 3,687.14 10,034.50 11,384.67 18,541.94 Other Non Current Assets 13,598.79 16,852.71 18,392.93 50.09 53.16 14,467.23 10,304.61 34.73 49.24 0.17 Current Assets 34,570.82 29,153.92 27,923.45 28,992.58 35,002.62 41,260.21 44,467.11 46,386.02 51,377.59 48,537.76 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 7,220.57 6,755.90 6,560.21 7,191.23 8,905.46 7,797.29 6,258.76 7,372.38 9,602.15 10,105.10 Sundry Debtors 4,785.38 3,128.35 3,024.75 4,033.63 7,107.62 11,860.80 14,064.06 22,075.56 22,430.12 26,223.50 Cash & Bank 6,157.47 6,698.07 7,153.69 6,701.43 6,418.56 7,503.34 11,175.87 10,491.79 10,085.99 9,812.70 Other Current Assets 16,407.40 1,196.60 719.47 1,709.25 12,570.98 14,098.78 12,968.42 6,446.29 9,259.33 2,396.46 Short Term Loans & Adv. 15,095.56 11,375.00 10,465.33 9,357.04 10,983.75 3,643.15 3,402.52 5,452.38 9,133.56 2,219.50 Net Current Assets 9,212.89 5,614.95 6,490.83 8,015.05 10,124.48 15,341.82 20,231.57 22,768.29 24,401.72 26,377.37 Total Assets 55,241.30 53,167.02 53,239.71 52,700.03 59,778.54 63,821.80 62,421.20 60,880.89 67,756.02 72,155.86

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 24,438.65 24,378.26 26,506.60 25,983.66 28,660.72 30,904.34 32,334.99 32,388.99 32,314.15 34,206.60 Share Capital 696.41 696.41 696.41 696.41 696.41 696.41 734.28 489.52 489.52 489.52 Total Reserves 23,742.24 23,681.85 25,810.19 25,287.25 27,964.31 30,207.93 31,600.71 31,899.47 31,824.63 33,717.08 Non-Current Liabilities 5,032.78 4,815.66 4,835.93 5,239.76 5,722.56 6,476.07 5,642.48 4,970.72 8,602.16 11,680.40 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,672.22 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 95.45 57.18 89.55 126.29 61.40 Long Term Provisions 2,489.08 4,101.02 3,771.21 3,925.56 4,225.16 5,476.03 4,984.89 5,006.19 7,629.61 6,817.18 Current Liabilities 25,357.94 23,538.98 21,432.62 21,015.76 24,907.57 25,943.36 24,196.76 23,634.69 26,992.96 22,727.34 Trade Payables 8,696.24 9,895.83 7,749.59 6,680.83 8,829.16 11,380.98 10,589.25 8,715.88 8,708.44 9,087.71 Other Current Liabilities 5,510.30 5,402.10 5,809.86 5,658.58 5,745.64 6,649.32 7,538.93 7,226.94 8,691.07 9,266.65 Short Term Borrowings 8,808.00 5,385.00 4,745.00 4,849.28 4,947.92 2,444.57 10.28 6.03 3.53 98.79 Short Term Provisions 2,343.40 2,856.05 3,128.17 3,827.07 5,384.85 5,468.49 6,058.30 7,685.84 9,589.92 4,274.19 Total Liabilities 54,829.37 52,732.90 52,775.15 52,227.52 59,281.78 63,317.04 62,170.18 60,993.32 67,910.05 68,616.57 Net Block 2,574.04 2,475.98 2,398.46 2,491.14 2,817.12 2,970.46 3,073.21 3,601.19 3,968.71 4,227.50 Gross Block 7,236.24 6,948.85 6,639.82 6,470.30 6,338.34 6,003.37 5,633.23 5,379.55 4,903.04 12,698.95 Accumulated Depreciation 4,662.20 4,472.87 4,241.36 3,979.16 3,521.22 3,032.91 2,560.02 1,778.36 934.33 8,471.45 Non Current Assets 20,258.55 23,578.98 24,851.70 23,225.61 24,271.51 22,047.95 17,698.01 14,597.30 16,517.83 19,575.22 Capital Work in Progress 308.36 353.85 430.98 419.56 314.00 235.44 202.76 168.34 317.84 2,613.56 Non Current Investment 255.67 235.42 205.15 185.34 162.06 152.36 428.97 757.13 796.42 5.91 Long Term Loans & Adv. 3,521.69 3,661.02 3,424.18 20,079.48 20,925.17 4,222.46 3,688.46 10,035.91 11,434.13 12,725.74 Other Non Current Assets 13,598.79 16,852.71 18,392.93 50.09 53.16 14,467.23 10,304.61 34.73 0.73 0.26 Current Assets 34,570.82 29,153.92 27,923.45 29,001.91 35,010.27 41,269.09 44,472.17 46,396.02 51,392.22 49,041.35 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 7,220.57 6,755.90 6,560.21 7,194.45 8,908.23 7,800.04 6,263.15 7,379.67 9,608.44 10,116.87 Sundry Debtors 4,785.38 3,128.35 3,024.75 4,035.07 7,108.60 11,863.14 14,064.68 22,077.58 22,438.89 26,520.12 Cash & Bank 6,157.47 6,698.07 7,153.69 6,701.45 6,418.59 7,503.54 11,176.28 10,493.55 10,087.20 9,948.90 Other Current Assets 16,407.40 1,196.60 719.47 1,709.37 12,574.85 14,102.37 12,968.06 6,445.22 9,257.69 2,455.46 Short Term Loans & Adv. 15,095.56 11,375.00 10,465.33 9,361.57 10,987.62 3,647.13 3,399.24 5,451.39 9,132.07 2,277.02 Net Current Assets 9,212.88 5,614.94 6,490.83 7,986.15 10,102.70 15,325.73 20,275.41 22,761.33 24,399.26 26,314.01 Total Assets 54,829.37 52,732.90 52,775.15 52,227.52 59,281.78 63,317.04 62,170.18 60,993.32 67,910.05 68,616.57

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity -3,712.90 -740.70 660.27 560.06 -2,891.71 -3,855.58 990.55 561.97 346.93 775.48 PBT 220.33 685.77 436.95 -3,611.60 -662.11 2,047.50 1,584.99 627.83 -1,164.17 2,140.01 Adjustment -710.79 -740.26 -777.97 1,742.02 712.61 2,106.84 2,636.20 1,899.43 2,499.13 1,511.09 Changes in Working Capital -3,444.61 -796.63 592.41 2,620.03 -2,620.27 -7,589.19 -3,273.78 -1,376.37 -682.68 -1,845.72 Cash after chg. in Working capital -3,935.07 -851.12 251.39 750.45 -2,569.77 -3,434.85 947.41 1,150.89 652.28 1,805.38 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid 222.17 110.42 408.88 -190.39 -321.94 -420.73 43.14 -588.92 -305.35 -1,029.90 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 1,330.86 1,480.46 -1,125.33 -42.55 1,877.02 1,914.91 964.27 -565.94 51.05 464.31 Net Fixed Assets -241.90 -231.90 -187.99 -237.53 -458.80 -357.58 -288.08 -326.93 7,889.56 -410.84 Net Investments 1.94 0.17 0.29 -0.49 -0.15 21.38 -29.32 2.74 -246.49 2.50 Others 1,570.82 1,712.19 -937.63 195.47 2,335.97 2,251.11 1,281.67 -241.75 -7,592.02 872.65 Cash from Financing Activity 2,655.74 88.96 -329.50 -393.19 1,621.95 -32.41 -671.03 -469.68 -123.86 -3,300.02 Net Cash Inflow / Outflow 273.70 828.72 -794.56 124.32 607.26 -1,973.08 1,283.79 -473.65 274.12 -2,060.23 Opening Cash & Equivalents 1,561.34 732.62 1,527.18 1,402.86 795.60 2,768.68 1,484.89 1,958.54 9,811.87 11,872.93 Closing Cash & Equivalent 1,835.04 1,561.34 732.62 1,527.18 1,402.86 795.60 2,768.68 1,484.89 10,085.99 9,812.70

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity -3,712.90 -740.70 660.25 559.95 -2,891.50 -3,860.15 989.07 560.41 374.44 821.19 PBT 242.66 715.61 470.46 -3,595.93 -659.07 1,839.74 1,605.63 585.57 -1,161.13 2,187.29 Adjustment -733.12 -770.10 -813.82 1,725.29 705.10 2,310.00 2,610.61 1,938.98 2,511.19 1,505.92 Changes in Working Capital -3,444.61 -796.63 594.73 2,620.94 -2,615.60 -7,589.09 -3,270.32 -1,375.24 -670.33 -1,824.79 Cash after chg. in Working capital -3,935.07 -851.12 251.37 750.30 -2,569.57 -3,439.35 945.92 1,149.31 679.73 1,868.42 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid 222.17 110.42 408.88 -190.35 -321.93 -420.80 43.15 -588.90 -305.29 -1,047.23 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 1,330.86 1,480.46 -1,125.32 -42.50 1,877.06 1,918.84 961.21 -565.16 23.07 650.40 Net Fixed Assets -241.90 -231.90 -187.99 -237.53 -458.80 -357.58 -288.08 -326.93 7,889.56 -410.84 Net Investments 1.94 0.17 0.29 -0.49 -0.15 21.38 -29.32 2.74 -246.49 2.50 Others 1,570.82 1,712.19 -937.62 195.52 2,336.01 2,255.04 1,278.61 -240.97 -7,620.00 1,058.74 Cash from Financing Activity 2,655.74 88.96 -329.49 -394.15 1,621.99 -31.63 -667.39 -467.87 -122.47 -3,542.66 Net Cash Inflow / Outflow 273.70 828.72 -794.56 123.30 607.55 -1,972.94 1,282.89 -472.62 275.04 -2,071.07 Opening Cash & Equivalents 1,561.34 732.62 1,519.90 1,396.60 789.05 2,768.68 1,485.92 1,958.54 9,812.16 12,019.97 Closing Cash & Equivalent 1,835.04 1,561.34 732.62 1,519.90 1,396.60 795.74 2,768.81 1,485.92 10,087.20 9,948.90

Financial Ratios

Consolidated /

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 71.37 71.26 77.46 76.06 83.80 90.27 88.80 87.96 87.65 92.84 ROA 0.48% 1.17% 0.77% -4.83% -2.38% 1.91% 1.31% 0.77% -1.01% 1.88% ROE 1.05% 2.41% 1.53% -9.76% -4.86% 3.78% 2.49% 1.54% -2.14% 4.23% ROCE 3.28% 4.19% 2.80% -9.62% -0.15% 7.27% 5.88% 3.21% -2.42% 6.38% Fixed Asset Turnover 3.90 3.96 3.69 3.08 3.96 6.03 5.96 5.78 3.05 2.53 Receivable days 52.18 41.70 53.27 103.21 142.48 135.51 201.22 273.48 333.33 317.97 Inventory Days 92.15 90.24 103.79 149.11 125.46 73.47 75.90 104.31 135.01 116.56 Payable days 291.25 303.08 266.12 323.01 169.15 152.27 142.03 125.22 130.57 124.33 Cash Conversion Cycle -146.91 -171.14 -109.07 -70.69 98.79 56.71 135.10 252.56 337.77 310.19 Total Debt/Equity 0.35 0.22 0.18 0.18 0.17 0.08 0.00 0.00 0.01 0.00 Interest Cover 1.27 2.12 1.98 -6.76 -0.08 6.43 5.81 2.52 -2.24 24.35

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 70.18 70.01 76.12 74.62 82.31 88.75 88.07 88.22 88.02 93.17 ROA 0.52% 1.24% 0.85% -4.84% -2.44% 1.89% 1.35% 0.74% -1.01% 2.04% ROE 1.16% 2.57% 1.69% -9.88% -5.02% 3.76% 2.56% 1.48% -2.07% 4.31% ROCE 3.40% 4.35% 2.96% -9.71% -0.21% 7.29% 5.96% 3.14% -2.29% 6.16% Fixed Asset Turnover 3.90 3.96 3.69 3.08 3.94 6.00 5.96 5.78 3.03 2.56 Receivable days 52.18 41.70 53.28 103.23 142.48 135.45 201.15 273.25 334.91 314.33 Inventory Days 92.15 90.24 103.81 149.17 125.48 73.47 75.93 104.28 134.94 114.46 Payable days 291.25 303.08 266.23 323.25 169.19 152.20 141.99 125.18 132.36 124.50 Cash Conversion Cycle -146.91 -171.14 -109.14 -70.85 98.77 56.73 135.08 252.36 337.49 304.29 Total Debt/Equity 0.36 0.22 0.18 0.19 0.17 0.08 0.00 0.00 0.01 0.06 Interest Cover 1.29 2.17 2.05 -6.71 -0.12 6.35 5.86 2.48 -2.18 24.66

Top Investors:

life insurance corporation of india

nippon life india trustee ltd-a/c nippon india small cap fund

nps trust- a/c sbi pension fund scheme - state govt

llp

investor education and protection fund (iepf)

Annual Reports:

News Update:

BHEL reports minor fire incident in Bhopal unit
25th Apr 2025, 14:42 PM

The fire was contained within the plantation area, and there was no damage to any machinery, plant or property
Read More
BHEL registers 19% growth in revenue in FY25
21st Apr 2025, 15:42 PM

The company also secured its highest-ever order inflows during the year, amounting to Rs 92,534 crore
Read More
BHEL signs technology transfer agreement with BARC
17th Apr 2025, 10:08 AM

The company has signed agreement for Mixed-Matrix Membrane Diaphragm for separator applications in electrochemical cells
Read More
BHEL inks pact with M/s Nuovo Pignone International
10th Apr 2025, 12:15 PM

The company will be able to address Compressor Revamp opportunities in Fertilizer sector in India after strategic Tie Up with Nuovo Pignone International
Read More
Bharat Heavy Electricals bags LoI worth Rs 11,800 crore from CSPGCL
28th Mar 2025, 14:29 PM

The order is to be executed within 60 months
Read More
BHEL extends technology collaboration agreement with M/s Vogt Power International
26th Mar 2025, 12:39 PM

The extension of this TCA would help BHEL to keep pace with the technological advancement taking place in the design of HRSGs
Read More
Bharat Heavy Electricals bags LoI worth Rs 7,500 crore
21st Mar 2025, 12:50 PM

The order is to be executed within 54 months
Read More
BHEL bags LoI worth Rs 6700 crore from SCCL
15th Feb 2025, 10:33 AM

The LoI is for EPC Pkg. of 1x800 MW Singareni Stage-II project
Read More
BHEL secures order for boiler island package for 2x660 MW Raghunathpur TPS in West Bengal
14th Feb 2025, 12:00 PM

The order has been placed on BHEL by Damodar Valley Corporation under International Competitive Bidding
Read More
BHEL, HEIL consortium secures contract from Rajasthan Part I Power Transmission
10th Feb 2025, 14:11 PM

The contract is to be executed by the year 2030
Read More
BHEL receives LoA from MAHAGENCO
8th Feb 2025, 10:20 AM

Broad consideration or size of the order is approximately Rs 8000 crore excluding GST
Read More
BHEL reports over two-fold jump in Q3 consolidated net profit
29th Jan 2025, 12:30 PM

Total consolidated income of the company increased by 31.88% at Rs 7385 crore for Q3FY25
Read More
BHEL - Quarterly Results
28th Jan 2025, 18:35 PM

Read More

Bharat Heavy Electricals Ltd.

Engineering - Industrial Equipments

BSE: 500103 | NSE: BHEL

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Bharat Heavy Electricals Ltd.

Engineering - Industrial Equipments

BSE: 500103 | NSE: BHEL

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: