BHEL Returns Calculator
Note: Past profits do not guarantee future returns.
| Name | Mkt Cap Cr | P/E | P/B | ROA | ROE | ROCE | Quick Ratio | EV/EBITDA |
|---|---|---|---|---|---|---|---|---|
| ABB India | 1,39,054.28 | 70.66 | 47.9 | 20.64% | 22.38% | 29.83% | 1.69 | 49.3 |
| CG Power | 1,29,031.32 | 104.07 | 16.19 | 9.79% | 15.13% | 20.17% | 1.53 | 70.15 |
| Hitachi Energy India | 1,25,364.01 | 104.75 | 23.28 | 9.55% | 19.09% | 24.84% | 1.33 | 72.83 |
| Siemens | 1,22,060.30 | 37.25 | 8.82 | 17.37% | 17.15% | 22.11% | 2.29 | 26.18 |
| SIEMENS ENERGY INDIA LTD | 1,00,924.55 | 93.81 | 25.29 | 12.38% | 25.11% | 31.5% | 1.79 | 60.63 |
| GE T&D India | 1,00,399.77 | 43.21 | 7.74 | 9.84% | 18.64% | 20.9% | 1.08 | 17.41 |
| WAAREE ENERGIES LIMITED | 72,289.66 | 17.01 | 4.72 | 13.29% | 25.71% | 29.3% | 0.92 | 9.92 |
| Apar Industries | 61,649.27 | 53.61 | 8.02 | 8.62% | 18.11% | 27.5% | 0.91 | 29.75 |
| Suzlon Energy | 53,725.95 | 17.06 | 5.69 | 16.66% | 33.43% | 27.06% | 1.1 | 17.0 |
| Thermax | 37,491.34 | 63.75 | 6.78 | 4.45% | 12.98% | 14.29% | 1.07 | 32.18 |
Auto-generated based on historical fundamentals; not a recommendation to buy/sell.
About BHEL

Bharat Heavy Electricals Limited is an engineering and manufacturing company. The Company offers comprehensive products, systems, and services in various areas, including power generation (thermal, hydro, gas, nuclear, and solar photovoltaic), transmission, transportation, defense, aerospace, oil and gas, and emerging sectors like battery energy storage systems and electric vehicle chargers. The Company operates through two business segments: Power and Industry. The Power segment comprises thermal, gas, hydro and nuclear power plant businesses, spares and services businesses, apart from new businesses of coal to chemicals, emission control equipment and spares. The Industry segment caters to major equipment supplies and engineering, procurement and construction (EPC) works for a number of industries, including transportation, transmission, defense, aerospace, captive power plants, process industries, renewables, downstream oil & gas, and energy storage, among others.
BHEL Financial Highlights
- Revenue: BHEL reported revenue of ₹34,589.83 crore in FY26 vs ₹28,804.79 crore in FY25. It showed an increase of 20.08% on a yearly basis.
- Operating Profit: BHEL reported an operating profit of ₹2,138.61 crore in FY26 vs ₹745.60 crore in FY25. It showed an increase of 186.83% on a year-on-year basis.
- Net Profit: BHEL reported a net profit of ₹1,600.26 crore in FY26 vs ₹533.90 crore in FY25. It showed an increase of 199.73% on a yearly basis.
BHEL Quarterly Result Highlights
- BHEL reported revenue of ₹7,911.86 crore in Jun 2026, compared with ₹12,553.50 crore in Mar 2026, representing a decrease of 36.97% on a quarter-on-quarter (QoQ) basis.
- BHEL reported an operating profit of ₹507.70 crore in Jun 2026, compared with ₹1,727.59 crore in Mar 2026, representing a decrease of 70.61% on a quarter-on-quarter (QoQ) basis.
- BHEL reported a profit of ₹376.71 crore in Jun 2026, compared with ₹1,290.47 crore in Mar 2026, reflecting a decrease of 70.81% on a QoQ basis.
- The earnings per share (EPS) of BHEL stood at ₹4.60 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
| Dec 2025 | 6.29% |
|---|---|
| Mar 2026 | 7.23% |
| Jun 2026 | 9.51% |
| Sep 2026 | 9.94% |
BHEL Investment Returns
BHEL Share Price History
BHEL Financials
Income Statement · Consolidated
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Revenue | ₹33,782.18 | ₹28,339.48 | ₹23,892.78 | ₹23,364.94 |
| Other Income | ₹807.65 | ₹465.31 | ₹546.27 | ₹488.63 |
| Total Revenue | ₹34,589.83 | ₹28,804.79 | ₹24,439.05 | ₹23,853.57 |
| Total Expenses | ₹32,512.27 | ₹28,118.20 | ₹24,260.37 | ₹23,193.98 |
| Profit Before Tax | ₹2,138.61 | ₹745.60 | ₹242.66 | ₹715.61 |
| Tax | ₹538.35 | ₹211.70 | -₹39.56 | ₹61.49 |
| Profit After Tax | ₹1,600.26 | ₹533.90 | ₹282.22 | ₹654.12 |
| EPS - Basic | ₹4.60 | ₹1.53 | ₹0.81 | ₹1.88 |
| EPS - Diluted | ₹4.60 | ₹1.53 | ₹0.81 | ₹1.88 |
Cash Flow · Consolidated
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Profit before tax | ₹2,138.61 | ₹745.60 | ₹242.66 | ₹715.61 |
| Income before WC changes | ₹1,743.35 | ₹381.13 | -₹490.46 | -₹54.49 |
| Change in Assets | -₹3,449.78 | -₹7,044.14 | -₹3,723.20 | -₹2,677.80 |
| Change in Liabilities | ₹7,533.42 | ₹8,774.19 | ₹278.59 | ₹1,881.17 |
| Change in WC | ₹4,083.64 | ₹1,730.05 | -₹3,444.61 | -₹796.63 |
| Cash flow from Operations | ₹5,837.38 | ₹2,192.47 | -₹3,712.90 | -₹740.70 |
| Cash flow from Investing | -₹3,035.41 | -₹2,731.49 | ₹1,330.86 | ₹1,480.46 |
| Cash flow from Financing | -₹1,805.73 | -₹856.81 | ₹2,655.74 | ₹88.96 |
| Total Cash Flow | ₹996.24 | -₹1,395.83 | ₹273.70 | ₹828.72 |
| Cash (Start of the year) | ₹439.21 | ₹1,835.04 | ₹1,561.34 | ₹732.62 |
| Cash (End of the year) | ₹1,435.45 | ₹439.21 | ₹1,835.04 | ₹1,561.34 |
Balance Sheet · Consolidated
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Non-Current Assets | ₹24,730.26 | ₹25,323.41 | ₹24,459.81 | ₹27,825.52 |
| Current Assets | ₹51,455.35 | ₹42,759.77 | ₹34,542.11 | ₹29,094.50 |
| Total Assets | ₹76,185.61 | ₹68,083.18 | ₹59,001.92 | ₹56,920.02 |
| Current Liabilities | ₹32,302.18 | ₹28,225.59 | ₹25,247.24 | ₹23,479.55 |
| Net Current Asset | ₹19,153.17 | ₹14,534.18 | ₹9,294.87 | ₹5,614.95 |
| Non-Current Liabilities | ₹17,736.83 | ₹15,135.43 | ₹9,316.03 | ₹9,062.21 |
| Equity Capital | ₹26,146.60 | ₹24,722.16 | ₹24,438.65 | ₹24,378.26 |
| Total Equity & Liabilities | ₹76,185.61 | ₹68,083.18 | ₹59,001.92 | ₹56,920.02 |
Income Statement · Standalone
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Revenue | ₹33,782.18 | ₹28,339.48 | ₹23,892.78 | ₹23,364.94 |
| Other Income | ₹846.39 | ₹503.39 | ₹587.92 | ₹514.81 |
| Total Revenue | ₹34,628.57 | ₹28,842.87 | ₹24,480.70 | ₹23,879.75 |
| Total Expenses | ₹32,512.27 | ₹28,118.20 | ₹24,260.37 | ₹23,193.98 |
| Profit Before Tax | ₹2,116.30 | ₹724.67 | ₹220.33 | ₹685.77 |
| Tax | ₹538.35 | ₹211.70 | -₹39.56 | ₹61.49 |
| Profit After Tax | ₹1,577.95 | ₹512.97 | ₹259.89 | ₹624.28 |
| EPS - Basic | ₹4.53 | ₹0.47 | ₹0.75 | ₹1.79 |
| EPS - Diluted | ₹4.53 | ₹0.47 | ₹0.75 | ₹1.79 |
Cash Flow · Standalone
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Profit before tax | ₹2,116.30 | ₹724.67 | ₹220.33 | ₹685.77 |
| Income before WC changes | ₹1,743.34 | ₹381.13 | -₹490.46 | -₹54.49 |
| Change in Assets | -₹3,449.77 | -₹7,044.14 | -₹3,723.20 | -₹2,677.80 |
| Change in Liabilities | ₹7,533.42 | ₹8,774.19 | ₹278.59 | ₹1,881.17 |
| Change in WC | ₹4,083.65 | ₹1,730.05 | -₹3,444.61 | -₹796.63 |
| Cash flow from Operations | ₹5,837.38 | ₹2,192.47 | -₹3,712.90 | -₹740.70 |
| Cash flow from Investing | -₹3,035.41 | -₹2,731.49 | ₹1,330.86 | ₹1,480.46 |
| Cash flow from Financing | -₹1,805.73 | -₹856.81 | ₹2,655.74 | ₹88.96 |
| Total Cash Flow | ₹996.24 | -₹1,395.83 | ₹273.70 | ₹828.72 |
| Cash (Start of the year) | ₹439.21 | ₹1,835.04 | ₹1,561.34 | ₹732.62 |
| Cash (End of the year) | ₹1,435.45 | ₹439.21 | ₹1,835.04 | ₹1,561.34 |
Balance Sheet · Standalone
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Non-Current Assets | ₹25,104.78 | ₹25,719.55 | ₹24,871.74 | ₹28,259.64 |
| Current Assets | ₹51,455.35 | ₹42,759.77 | ₹34,542.12 | ₹29,094.50 |
| Total Assets | ₹76,560.13 | ₹68,479.32 | ₹59,413.86 | ₹57,354.14 |
| Current Liabilities | ₹32,306.81 | ₹28,230.88 | ₹25,247.24 | ₹23,479.55 |
| Net Current Asset | ₹19,148.54 | ₹14,528.89 | ₹9,294.88 | ₹5,614.95 |
| Non-Current Liabilities | ₹17,736.83 | ₹15,135.43 | ₹9,316.03 | ₹9,062.20 |
| Equity Capital | ₹26,516.49 | ₹25,113.01 | ₹24,850.59 | ₹24,812.39 |
| Total Equity & Liabilities | ₹76,560.13 | ₹68,479.32 | ₹59,413.86 | ₹57,354.14 |
| 22 Oct | 1Cr |
|---|---|
| 21 Oct | 1Cr |
| 19 Oct | 86L |
| 16 Oct | 1Cr |
| Average | 1Cr |
Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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