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Bharat Heavy Electricals Ltd.

NSE: BHEL · Capital Goods

Sector

Capital Goods

Size band

Mid cap

Market cap

88,270cr

P/E

110.4

ROE

2.1%

Dividend yield

0.2%

No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.

Measured against

Operating margin7.0%
peer 10.0%
Revenue growth40.3%
peer 20.1%
Bharat Heavy Electricals Ltd.peer median

Peer set

Engineering - Industrial Equipments · largest 12 of 42 measured at Q1 FY27 · financials via Screener
CompanyOperating marginRevenue growth
Bharat Heavy Electricals Ltd.7.0%40.3%
Thermax Ltd.3.0%6.7%
AIA Engineering Ltd.26.0%12.4%
Kirloskar Oil Engines Ltd.15.0%13.5%
Syrma SGS Technology Ltd.10.0%68.3%
Triveni Turbine Ltd.12.0%19.4%
Tega Industries Ltd.3.2%384.0%
BEML Ltd.0.2%29.3%
Kirloskar Brothers Ltd.10.0%12.9%
Action Construction Equipment Ltd.15.0%20.6%
Swan Defence and Heavy Industries Ltd.−69.0%
Elecon Engineering Company Ltd.21.0%6.1%

No guidance on record.

This section quotes what management told the market on the quarterly earnings call. We have not transcribed one for Bharat Heavy Electricals Ltd..

On air

20 calls · outcomes not tracked

Recorded as stated on air, with the analyst's SEBI registration status where it was given. Anchor calls carry no registration and are marked. Bharatstox does not make, endorse or repeat these calls, and none of them is our view.

Channel & showAiredStated targetStated stopOutcome
NDTV ProfitNDTV Profit · no registration attached21 Sep+20.4%-8.5%still open
NDTV ProfitNDTV Profit · no registration attached21 Sep+20.7%-8.3%still open
NDTV ProfitNDTV Profit · no registration attached21 Sep+21.0%-8.1%still open
NDTV ProfitNDTV Profit · no registration attached21 Sep+21.8%-7.4%still open
NDTV ProfitNDTV Profit · no registration attached21 Sep+21.2%-7.9%still open
NDTV ProfitNDTV Profit · no registration attached21 Sep+19.6%-9.1%still open
CNBC AwaazCNBC Awaax · no registration attached18 Sep+2.8%-1.2%still open
NDTV ProfitNDTV Profit · no registration attached18 Sep+9.3%-5.1%still open
CNBC AwaazCNBC Awaax · no registration attached17 Sep+88.9%-44.4%still open
Zee BusinessZee Business · no registration attached11 Sep+2.6%-1.9%still open
Zee BusinessZee Business · no registration attached10 Sep+2.4%-1.8%still open
Zee BusinessZee Business · no registration attached10 Sep+2.5%-1.6%still open
CNBC AwaazCNBC Awaax · no registration attached10 Sep-3.0%still open
CNBC AwaazCNBC Awaax · no registration attached10 Sep+9.0%-3.0%still open
CNBC AwaazCNBC Awaax · no registration attached9 Sep+3.4%-1.6%still open
Zee BusinessZee Business · no registration attached9 Sep+4.4%-2.6%still open
CNBC AwaazCNBC Awaax · no registration attached3 Sep+2.1%-1.4%still open
Zee BusinessZee Business · no registration attached1 Sep+8.6%-5.0%still open
Zee BusinessZee Business · no registration attached28 Aug+50.1%-14.5%still open
CNBC AwaazCNBC Awaax · no registration attached27 Aug+4.5%-0.7%still open

Shareholding

change across 4 filings
CategoryJun 26Mar 26Dec 25Sep 25Change
Promoters58.258.263.263.2−5.0
Foreign institutions9.57.26.36.2+3.3
Domestic institutions22.424.019.718.6+3.8
Retail & others9.910.610.812.0−2.1

As filed with the exchange for the periods ending Sep 25 to Jun 26.

Filings

latest 25 of 306
  • Updates18 Sept 2026
    RoutineGeneralFiling PDF ↗
  • As per attachment18 Sept 2026
    RoutineGeneralFiling PDF ↗
  • Arrangements for strategic, technical, manufacturing, or marketing tie up15 Sept 2026
    Medium impactCollaborationFiling PDF ↗
  • Signing of Joint Venture Agreement with Titagarh Rail Systems Limited15 Sept 2026
    Medium impactCollaborationFiling PDF ↗
  • Outcome of Board Meeting - Equity Investment in Joint Venture14 Sept 2026
    Medium impactCollaborationFiling PDF ↗
  • Acquisition14 Sept 2026
    Medium impactCollaborationFiling PDF ↗
  • Change in Auditors8 Sept 2026
    RoutineGeneralFiling PDF ↗
  • Intimation of Appointment of Auditors for FY 2026-278 Sept 2026
    Medium impactAppointmentFiling PDF ↗
  • General Updates26 Aug 2026
    RoutineGeneralFiling PDF ↗
  • As per attachment26 Aug 2026
    RoutineGeneralFiling PDF ↗
  • Change in Management25 Aug 2026
    RoutineGeneralFiling PDF ↗
  • Change in Management25 Aug 2026
    Medium impactManagement ChangeFiling PDF ↗
  • Arrangements for strategic, technical, manufacturing, or marketing tie up13 Aug 2026
    Medium impactCollaborationFiling PDF ↗
  • Credit Rating12 Aug 2026
    Medium impactCredit RatingFiling PDF ↗
  • Shareholders meeting5 Aug 2026
    RoutineGeneralFiling PDF ↗
  • Copy of Newspaper Publication4 Aug 2026
    RoutineGeneralFiling PDF ↗
  • Action(s) taken or orders passed31 Jul 2026
    RoutineGeneralFiling PDF ↗
  • Updates29 Jul 2026
    RoutineGeneralFiling PDF ↗
  • Analysts/Institutional Investor Meet/Con. Call Updates21 Jul 2026
    RoutineGeneralFiling PDF ↗
  • Copy of Newspaper Publication17 Jul 2026
    RoutineGeneralFiling PDF ↗
  • General Updates16 Jul 2026
    RoutineResultsFiling PDF ↗
  • Outcome of Board Meeting16 Jul 2026
    RoutineBoard MeetingFiling PDF ↗
  • Updates10 Jul 2026
    RoutineGeneralFiling PDF ↗
  • Certificate under SEBI (Depositories and Participants) Regulations, 201810 Jul 2026
    RoutineGeneralFiling PDF ↗
  • Shareholders meeting10 Jul 2026
    RoutineGeneralFiling PDF ↗

The 25 most recent of 306 filings we hold for BHEL, back to January 2024. Every filing, by day.

Disclaimer

Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Broadcast calls are reproduced as stated on air, attributed, with the analyst's SEBI registration status where given; they are not our calls and not our view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.

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