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- Bharat Heavy Electricals
Bharat Heavy Electricals share price
NSE: BHELInfrastructureSpecialty Industrial Machinery
Bharat Heavy Electricals at a glance
Bharat Heavy Electricals (NSE: BHEL) closed at ₹409.85 on 22 Oct 2026, down 0.56% on the day. With a market capitalisation of ₹1,42,712 Cr, it ranks 62nd by market cap among the 4,183 NSE companies Pivot tracks (a large-cap company by SEBI's rank bands). It belongs to the Infrastructure sector; its industry is Specialty Industrial Machinery.
At its last close the stock traded at 88.9× trailing earnings, against a return on equity of 6.1% in FY26. Over the past year the share price has risen 76.5%. Its 52-week range is ₹229.54 (24 Oct 2025) to ₹463.90 (14 Oct 2026); the last close is 11.7% below the high. In Q1 FY27, the quarter ended 30 Jun 2026, revenue was ₹7,698 Cr (+40.3% year on year) and net profit ₹365 Cr, on a consolidated basis. Promoters held 58.17% of the company as of 30 Jun 2026.
Key numbers
- Market cap
- ₹1,42,712 CrRank 62 on NSE
- P/E (trailing)
- 88.9×
- Price to book
- 3.27×FY26
- EPS (TTM)
- ₹6.99to Q1 FY27
- ROE
- 6.1%FY26
- ROCE
- 6.5%FY26
- Debt to equity
- 0.3FY26
- Net profit margin
- 4.6%FY26
- Book value / share
- ₹75.09FY26
- Dividend payout
- 10.9%FY26
- 52-week high
- ₹463.9014 Oct 2026
- 52-week low
- ₹229.5424 Oct 2025
- 1-year return
- +76.5%
- RSI (14-day)
- 42
Returns to 22 Oct 2026
| Period | 1 day | 1 week | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Price change | −0.56% | −11.3% | −5.7% | −1.5% | +76.5% |
Bharat Heavy Electricals quarterly results
| Quarter | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹6,584 Cr | ₹7,277 Cr | ₹8,993 Cr | ₹5,487 Cr | ₹7,512 Cr | ₹8,473 Cr | ₹12,310 Cr | ₹7,698 Cr |
| Revenue YoY | +28.5% | +32.2% | +8.9% | +0.0% | +14.1% | +16.4% | +36.9% | +40.3% |
| Net profit | ₹90 Cr | ₹116 Cr | ₹495 Cr | −₹469 Cr | ₹361 Cr | ₹374 Cr | ₹1,274 Cr | ₹365 Cr |
| Net profit YoY | — | — | +3.9% | — | +302.7% | +221.3% | +157.6% | — |
| Net margin | 1.4% | 1.6% | 5.5% | −8.6% | 4.8% | 4.4% | 10.3% | 4.7% |
| EPS | ₹0.30 | ₹0.39 | ₹1.45 | −₹1.31 | ₹1.08 | ₹1.12 | ₹3.71 | ₹1.08 |
Bharat Heavy Electricals financials
| Item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | ₹17,309 Cr | ₹21,211 Cr | ₹23,365 Cr | ₹23,893 Cr | ₹28,339 Cr | — |
| Operating profit | −₹3,640 Cr | ₹420 Cr | ₹423 Cr | ₹179 Cr | ₹687 Cr | — |
| Net profit | −₹2,744 Cr | ₹394 Cr | ₹421 Cr | ₹218 Cr | ₹475 Cr | — |
| EPS (₹) | −₹8.00 | ₹1.00 | ₹1.00 | ₹1.00 | ₹2.00 | — |
| Cash from operations | ₹562 Cr | ₹660 Cr | −₹742 Cr | −₹3,713 Cr | ₹2,192 Cr | — |
| Total debt | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Shareholders' equity | ₹25,984 Cr | ₹26,507 Cr | ₹26,828 Cr | ₹24,439 Cr | ₹24,722 Cr | ₹26,147 Cr |
Bharat Heavy Electricals shareholding pattern
| Holder | 31 Mar 2025 | 30 Jun 2025 | 30 Sep 2025 | 31 Dec 2025 | 31 Mar 2026 | 30 Jun 2026 |
|---|---|---|---|---|---|---|
| Promoters | 63.17% | 63.17% | 63.17% | 63.17% | 58.17% | 58.17% |
| Foreign institutions | 7.19% | 6.36% | 6.23% | 6.29% | 7.23% | 9.51% |
| Domestic institutions | 16.35% | 18.45% | 18.62% | 19.70% | 23.98% | 22.44% |
| Non-institutions | 13.29% | 12.02% | 11.98% | 10.84% | 10.62% | 9.88% |
Bharat Heavy Electricals vs peers
The listed Infrastructure companies nearest to Bharat Heavy Electricals by market capitalisation.
| Company | Price | 1 day | 1 year | Market cap | P/E | ROE |
|---|---|---|---|---|---|---|
| LTLarsen & Toubro | ₹3,643.70 | +0.33% | −2.5% | ₹5,01,274 Cr | 31.2 | — |
| ADANIPORTSAdani Ports and Special Economic Zone | ₹1,741.00 | +0.07% | +22.2% | ₹4,01,119 Cr | 29.9 | — |
| BHELBharat Heavy Electricals | ₹409.85 | −0.56% | +76.5% | ₹1,42,712 Cr | 88.9 | — |
| GMRAIRPORTGMR AIRPORTS | ₹86.25 | −1.15% | −2.8% | ₹91,071 Cr | — | — |
| THERMAXThermax | ₹3,155.10 | 0.00% | +1.6% | ₹37,595 Cr | 49.2 | — |
| IRBIRB Infrastructure Developers | ₹16.82 | +0.12% | −20.2% | ₹20,315 Cr | 24 | — |
| CEMPROCemindia Projects | ₹1,156.20 | −1.01% | +50.9% | ₹19,862 Cr | 33.3 | — |
Ask anything about Bharat Heavy Electricals
Pivot answers on the live chart with evidence you can check, and tests strategies against BHEL's own history. Try: “Why has BHEL moved over the last three months?” · “Backtest a 50-day moving-average crossover on BHEL over five years” · “Compare BHEL with LT on margins and valuation”
Frequently asked questions about Bharat Heavy Electricals
What is the share price of Bharat Heavy Electricals today?
Bharat Heavy Electricals (NSE: BHEL) last closed at ₹409.85 on 22 Oct 2026. Its 52-week high is ₹463.90 and its 52-week low is ₹229.54.
What is the market cap of Bharat Heavy Electricals?
Bharat Heavy Electricals' market capitalisation is ₹1,42,712 Cr (₹1.43 lakh Cr) at the 22 Oct 2026 close, ranking 62nd among the NSE companies Pivot tracks.
What is the P/E ratio of Bharat Heavy Electricals?
Bharat Heavy Electricals trades at a trailing P/E of 88.9. The median P/E of the 5 closest Infrastructure peers by market cap is 31.2.
What is the ROE and ROCE of Bharat Heavy Electricals?
Return on equity was 6.1% in FY26 and return on capital employed was 6.5% in FY26 (consolidated figures).
Is Bharat Heavy Electricals a debt-free company?
No. Bharat Heavy Electricals' debt-to-equity ratio was 0.3 in FY26, with total debt of ₹0 Cr.
What were Bharat Heavy Electricals' latest quarterly results?
For Q1 FY27 (quarter ended 30 Jun 2026), Bharat Heavy Electricals reported revenue of ₹7,698 Cr, +40.3% year on year, and net profit of ₹365 Cr.
How has Bharat Heavy Electricals stock performed over the last year?
Bharat Heavy Electricals' share price has risen 76.5% over the past year, −1.5% over three months and −5.7% over one month, to the 22 Oct 2026 close.
What is the shareholding pattern of Bharat Heavy Electricals?
As of 30 Jun 2026: promoters 58.17%, foreign institutions 9.51%, domestic institutions 22.44%, non-institutions 9.88%.
Who are Bharat Heavy Electricals' competitors?
The listed Infrastructure companies closest to Bharat Heavy Electricals by market cap are Larsen & Toubro, Adani Ports and Special Economic Zone, GMR AIRPORTS, Thermax, IRB Infrastructure Developers and Cemindia Projects.
Is Bharat Heavy Electricals a good stock to buy?
Pivot does not give buy or sell recommendations. This page sets out Bharat Heavy Electricals' price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on BHEL against its own history before risking money. This is analysis, not financial advice.
Sources and method
Prices: NSE daily closes to 22 Oct 2026 (returns and ratios at the 22 Oct 2026 close). Fundamentals: company filings via Moneycontrol, consolidated where available. Shareholding: exchange shareholding-pattern filings. The 52-week range uses intraday highs and lows; the chart marks closing prices. P/E is the last close over trailing twelve-month EPS. Market-cap rank is among the 4,183 NSE companies Pivot tracks; SEBI's bands call the top 100 large-cap and the next 150 mid-cap. Figures marked “—” are not available rather than zero. This is analysis, not financial advice.
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