# Bharat Heavy Electricals (NSE: BHEL) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/BHEL · Pivot · prices to 22 Oct 2026

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

| Metric | Value |
| --- | --- |
| Last close | ₹409.85 |
| Market cap | ₹1,42,712 Cr |
| P/E (trailing) | 88.9 |
| ROE | 6.1% (FY26) |
| ROCE | 6.5% (FY26) |
| Debt to equity | 0.3 |
| 52-week high | ₹463.90 (14 Oct 2026) |
| 52-week low | ₹229.54 (24 Oct 2025) |
| 1-year return | +76.5% |

## Quarterly results (₹ crore, consolidated)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q1 FY27 | ₹7,698 Cr | +40.3% | ₹365 Cr | — | ₹1.08 |
| Q4 FY26 | ₹12,310 Cr | +36.9% | ₹1,274 Cr | +157.6% | ₹3.71 |
| Q3 FY26 | ₹8,473 Cr | +16.4% | ₹374 Cr | +221.3% | ₹1.12 |
| Q2 FY26 | ₹7,512 Cr | +14.1% | ₹361 Cr | +302.7% | ₹1.08 |
| Q1 FY26 | ₹5,487 Cr | +0.0% | −₹469 Cr | — | −₹1.31 |
| Q4 FY25 | ₹8,993 Cr | +8.9% | ₹495 Cr | +3.9% | ₹1.45 |
| Q3 FY25 | ₹7,277 Cr | +32.2% | ₹116 Cr | — | ₹0.39 |
| Q2 FY25 | ₹6,584 Cr | +28.5% | ₹90 Cr | — | ₹0.30 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹28,339 Cr | ₹475 Cr |
| FY24 | ₹23,893 Cr | ₹218 Cr |
| FY23 | ₹23,365 Cr | ₹421 Cr |
| FY22 | ₹21,211 Cr | ₹394 Cr |
| FY21 | ₹17,309 Cr | −₹2,744 Cr |
| FY20 | ₹21,463 Cr | −₹1,494 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 58.17%
- Foreign institutions: 9.51%
- Domestic institutions: 22.44%
- Non-institutions: 9.88%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Larsen & Toubro](https://app.pivotnow.in/stock/LT) | ₹3,643.70 | ₹5,01,274 Cr | 31.2 | — |
| [Adani Ports and Special Economic Zone](https://app.pivotnow.in/stock/ADANIPORTS) | ₹1,741.00 | ₹4,01,119 Cr | 29.9 | — |
| [GMR AIRPORTS](https://app.pivotnow.in/stock/GMRAIRPORT) | ₹86.25 | ₹91,071 Cr | — | — |
| [Thermax](https://app.pivotnow.in/stock/THERMAX) | ₹3,155.10 | ₹37,595 Cr | 49.2 | — |
| [IRB Infrastructure Developers](https://app.pivotnow.in/stock/IRB) | ₹16.82 | ₹20,315 Cr | 24 | — |
| [Cemindia Projects](https://app.pivotnow.in/stock/CEMPRO) | ₹1,156.20 | ₹19,862 Cr | 33.3 | — |

## Questions and answers

### 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: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.