BHEL

Heavy Electrical Equipment

Bharat Heavy Electricals Ltd.

NSE: BHELBSE: 500103ISIN: INE257A01026
₹417.30
+7.70 · +1.88%
As of 24 Jul 2026
Open
₹405.00
High
₹418.00
Low
₹402.15
Prev Close
₹409.60
52W High
₹446.50
52W Low
₹205.12
Volume
88.75 L
Mkt Cap
₹1.45L Cr
Fundamentals
Valuation & profitability
Market Cap
₹1.45L Cr
P/E Ratio
379
EPS (TTM)
₹1.10
Book Value
₹70.20
Dividend Yield
0.08%
ROCE
2.97%
ROE
1.1%
Sales Growth
11%
Face Value
₹2.00
Company overview
Bharat Heavy Electricals Ltd.

Bharat Heavy Electricals Limited (BHEL) is a state-owned engineering and manufacturing enterprise in India. It primarily focuses on the design, engineering, manufacture, construction, testing, commissioning, and servicing of a wide range of products and services in the power, transmission, industry, transportation, renewable energy, oil & gas, and defense sectors.

BHEL was founded in 1964 by the Government of India, with the aim of building heavy electrical equipment manufacturing capacity in the country. Over the years, BHEL has diversified its portfolio, and its offerings now include power generation equipment, transmission systems, industrial machinery, and a variety of other products and services.

BHEL has faced several challenges in recent years, including intense competition, the rise of renewable energy, and shifts in the global energy landscape.

Business model: BHEL operates primarily through an engineering, procurement, and construction (EPC) model, offering end-to-end solutions for various industries. The company's revenue is derived from the sale of equipment, construction, and services.

Target customer segment: BHEL's customers include power utilities, state electricity boards, independent power producers, industrial companies, and government organizations.

Geographies: BHEL primarily serves the Indian market but has also expanded its operations to more than 82 countries across six continents.

Key highlights
Auto-generated from live data
  • Trades at a P/E of 379, with a return on equity (ROE) of 1.1%.
  • BHEL is trading above all of its key moving averages (10/20/50/100/200-DMA) — a bullish technical setup.
  • Year-to-date it is up 42.17%, and up 45.97% over the past year.
  • At ₹417.30 it sits about 88% of the way up its 52-week range (₹205.12–₹446.50).
  • Offers a dividend yield of 0.08%.
  • Market capitalisation stands at ₹1.45L Cr.
Price chart
Daily candles + volume · SMA 20 / 50 / 200 · stored OHLC
Shareholding pattern

Shareholding data syncs daily.

Performance
Stock returns vs Nifty 50
10D
+2.14%
Nifty -0.64%
20D
+6.67%
Nifty -1.72%
50D
+6.53%
Nifty +2.68%
100D
+40.75%
Nifty -1.14%
200D
+38.38%
Nifty -8.93%
YTD
+42.17%
Nifty -8.59%
52W
+45.97%
Nifty -7.86%
Moving averages
Simple moving averages vs current price
5/5 above · Bullish
SMA 10-Day
₹416.25Above
SMA 20-Day
₹405.42Above
SMA 50-Day
₹402.43Above
SMA 100-Day
₹350.39Above
SMA 200-Day
₹308.49Above
Price ranges
Where the price sits in each window
10-Day range₹417.30
₹389.60₹446.50
20-Day range₹417.30
₹371.80₹446.50
50-Day range₹417.30
₹367.60₹446.50
200-Day range₹417.30
₹229.54₹446.50
YTD range₹417.30
₹239.17₹446.50
52-Week range₹417.30
₹205.12₹446.50
Technical signals
Unfilled gaps acting as support / resistance
Unfilled Gap Up On 08 Apr, 2026 : 261.08 ~ 254.39SUPPORT
Unfilled Gap Up On 08 Sep, 2025 : 213.80 ~ 213.13SUPPORT
Unfilled Gap Up On 29 Nov, 2023 : 158.25 ~ 157.80SUPPORT
Unfilled Gap Up On 18 Jul, 2022 : 49.80 ~ 49.70SUPPORT
Unfilled Gap Up On 07 Jul, 2022 : 46.15 ~ 46.10SUPPORT
Annual financials
Revenue, profit & EPS by financial year
YearRevenueNet ProfitEPSNPM
Mar 2023₹23,365 Cr₹448 Cr₹1.291.92%
Mar 2022₹21,211 Cr₹446 Cr₹1.282.1%
Mar 2021₹17,309 Cr₹-2697.00 Cr₹-7.75-15.58%
Mar 2021₹17,309 Cr₹-2697.00 Cr₹-7.75-15.58%
Mar 2020₹21,490 Cr₹-1466.00 Cr₹-4.21-6.82%
Mar 2020₹21,490 Cr₹-1466.00 Cr₹-4.21-6.82%
Mar 2019₹30,368 Cr₹1,012 Cr₹2.913.33%
Mar 2019₹30,368 Cr₹1,012 Cr₹2.913.33%
Mar 2018₹28,827 Cr₹441 Cr₹1.201.53%
Mar 2017₹28,465 Cr₹457 Cr₹1.251.61%
Mar 2016₹25,505 Cr₹-704.00 Cr₹0.00-2.76%
Mar 2015₹31,323 Cr₹1,452 Cr₹3.794.64%
Peer comparison
Other companies in Heavy Electrical Equipment
CompanyP/EBook ValueSales Growth
INOXWIND
Inox Wind Ltd
0₹88.23-29.73%
SIEMENS
SIEMENS LTD.
50.61₹253.958.18%
TDPOWERSYS
T D POWER SYSTEMS LTD.
29.93₹143.22-0.76%
ADANIGREEN
Adani Green Energy Ltd
388.54₹14.070%
ABB
ABB India Limited
48.91₹195.65-6.31%
HPL
HPL Electric & Power Limited
9.99₹115.35-0.38%
BGRENERGY
BGR ENERGY SYSTEMS LTD.
11.64₹191.13-0.09%
SWELECTES
Swelect Energy Systems Limited-$
21.32₹447.90-9.66%
THERMAX
THERMAX LTD.
43.02₹229.96-6.54%
TRIL
TRANSFORMERS AND RECTIFIERS (INDIA) LTD.
23.17₹24.7613.05%
UJAAS
Ujaas Energy Limited
8.11₹11.54-17.43%
Dividend history
Per share, by ex-date
Ex-Date: 15 Sept 2022₹0.40
Ex-Date: 06 Aug 2020₹2.00
Ex-Date: 11 Sept 2019₹1.20
Ex-Date: 12 Feb 2019₹0.80
Ex-Date: 05 Nov 2018₹2.50
Ex-Date: 11 Sept 2018₹1.02
Ex-Date: 02 Aug 2018₹2.50
Ex-Date: 15 Feb 2018₹0.80
Ex-Date: 30 Jan 2018₹2.84
Ex-Date: 23 Aug 2017₹0.78
Ex-Date: 13 Jul 2017₹1.00
Ex-Date: 14 Feb 2017₹0.80
Bulk & block deals
Recent large transactions
DateClientTypeQtyPrice
11 Oct 2022ISHARES CORE EMERGING MARKETS MAURITIUS COSALE22,48,968₹63.20
11 Oct 2022ISHARES CORE MSCI EMERGING MARKETS ETFPURCHASE22,48,968₹63.20
11 Oct 2022ISHARES INDIA SC MAURITIUS COMPANYSALE2,93,349₹63.20
11 Oct 2022ISHARES MSCI INDIA SMALL-CAP ETFPURCHASE2,93,349₹63.20
19 Sept 2022ISHARES CORE EMERGING MARKETS MAURITIUS COSALE20,87,582₹59.40
19 Sept 2022ISHARES CORE MSCI EMERGING MARKETS ETFPURCHASE20,87,582₹59.40
19 Sept 2022ISHARES INDIA SC MAURITIUS COMPANYSALE2,69,746₹59.40
19 Sept 2022ISHARES MSCI INDIA SMALL-CAP ETFPURCHASE2,69,746₹59.40
03 Mar 2014LIFE INSURANCE CORPORATION OF INDIAPURCHASE11,41,00,000₹165.55
03 Mar 2014PRESIDENT OF INDIA THROUGH DEPARTMENT OF INDUSTRY, MINISTRY OF HESALE11,41,00,000₹165.55
03 Mar 2014LIFE INSURANCE CORPORATION OF INDIAPURCHASE11,41,00,000₹165.55
03 Mar 2014PRESIDENT OF INDIA THROUGH DEPARTMENT OF INDUSTRY, MINISTRYSALE11,41,00,000₹165.55

Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.