Market closedLast updated 21 July 2026, 9:18 pm ISTData NSENot investment advice
Bharat Heavy Electricals

Bharat Heavy Electricals Share Price Today (BHEL)

TechnicalsTV Chart
413.30
4.20−1.01%
Overall Score51/100
Day range411
₹413.30
418
52-week205
₹413.30
447
Above low+101.5%
Below high7.4%
Range position86%
Open417.50
Prev Close417.50
Bid413.283.4K
Ask413.332.1K

TODAY IN ONE LINE

BHEL fell 1.0% on average volume, in line with Nifty's -0.2% move, supported by recent strong earnings.

With a market cap of ₹1.44 L Cr., it trades at a P/E of 60.36. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume8.4M56%vs 20D avg
Market Cap₹1.44 L Cr.
Promoter58.17%
Face Value₹2
Fwd P/E31.77
PEG2.59
EV/EBITDA37.88
P/S3.93
ROA1.76%
Beta1.62
Div Payout10.85%
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score51/100
Updated 20 Jul
Each card tappable → shows formula + inputs
FLAGS & NEWS

Bharat Heavy Electricals flags & news 

Key strengths, potential risks, and recent updates.

5 green flags🚩 3 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 156.4% YoY
  • Quarterly OutperformanceLatest quarter Sales up 36.9% and Profit up 156.0%
  • High Promoter HoldingPromoters hold 58.2% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Poor Capital ReturnsLow ROE of 6.3%
  • Expensive ValuationTrading at a high P/E ratio of 90.1x
  • Rising Receivables vs SalesReceivables grew 19.2% outpacing sales growth of 18.6%

Latest Bharat Heavy Electricals News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

17 JUL 2026
corporate
Copy of Newspaper Publication - Bharat Heavy Electricals Limited has informed the Exchange about Copy of Newspaper Publication
View PDF
16 JUL 2026
corporate
General Updates - BHEL Q1 FY 2026-27 Supplementary Information
View PDF
16 JUL 2026
corporate
Outcome of Board Meeting - Bharat Heavy Electricals Limited has submitted to the Exchange, the financial results for the period...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

Bharat Heavy Electricals Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Bharat Heavy Electricals Limited, framed against the sector median so the premium or discount is obvious at a glance.

Bharat Heavy Electricals Limited trades at a P/E of 60.36× and P/B of 5.62×.

Key MetricsMarket + reported · 21 Jul 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹1.44 L Cr.
P/E Ratio
60.36
P/B Ratio
5.62
EPS
₹4.61
Profitability

Profitability

ROE
6.29%
ROCE
8.51%
Net Margin
4.91%
Op Margin
6.93%
Growth

Growth

EPS YoY
156.4%
Revenue YoY
36.9%
Qtr Sales
36.9%
Qtr Profit
156%
Financial Health

Financial Health

Debt / Equity
0.31
Book Value
₹75.17
Div Yield
0.13%
Promoter Holding
58.17%
Technicals

Bharat Heavy Electricals Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Bharat Heavy Electricals Limited — derived from the live tape, not yesterday's close.

Bharat Heavy Electricals Limited last traded at ₹413.3 with an intraday range of ₹411.2–₹417.95 — live indicator, pivot and CPR signals below.

Last updated: 21 July 2026, 9:18 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹413.30
LevelPrice (₹)Distance% Δ
R4430.60+17.30+4.19%
R3423.85+10.55+2.55%
R2420.90+7.60+1.84%
R1417.10+3.80+0.92%
PIVOT414.150.850.21%
CURRENT413.30
S1410.35-2.95-0.71%
S2407.40-5.90-1.43%
S3403.60-9.70-2.35%
S4396.85-16.45-3.98%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 413.73P: 414.15TC: 414.57
R1
R2
R3
R4
indicator
LTP: 413.30
PDH: 427.25
PDL: 414.40
● Market Sentiment

BHEL is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 413.2417.95

● Price Position

Trading Below opening range, showing Bearishness

Financials

Bharat Heavy Electricals Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Bharat Heavy Electricals Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Bharat Heavy Electricals Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1.44 L Cr. and reported EPS of ₹4.61.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations28,339
33,782
19.2%
Sales Growth YoY %Derived18.61%
19.21%
Other Income465
808
73.6%
Total Income28,805
34,590
20.1%
18,845
22,983
22.0%
Gross ProfitDerived9,494
10,799
13.7%
Gross Margin %Derived33.50%
31.97%
8,253
8,457
2.5%
EBITDA (Operating Profit)Derived1,242
2,342
88.6%
OPM %Derived4.38%
6.93%
1,020
1,072
5.1%
Profit Before Tax (PBT)687
2,078
202.6%
212
538
154.3%
Effective Tax %Derived30.83%
25.91%
Total Profit for Period534
1,600
199.7%
Less: Non-controlling Interests
Net Profit (Owner's PAT)Derived534
1,600
199.7%
Net Profit Margin %Derived1.88%
4.74%
PAT Growth YoY %Derived89.18%
199.73%
Earnings Per Share (EPS ₹)1.53
4.60
200.7%
Diluted Shares Outstanding (Cr)348
348
0.0%
Share of Profit from Associates/JVs59
61
3.5%
Other Comprehensive Income (Net of Tax)-163
-1
99.6%
Total Expenses (incl. D&A & Interest)28,118
32,512
15.6%
Material Cost % of RevenueDerived71.94%
71.86%
Employee Cost % of RevenueDerived20.90%
19.15%
Other Cost % of RevenueDerived8.22%
5.89%
Interest Coverage (x)Derived1.30x
2.68x
Sales CAGR · 3Y
+13.1%
Sales CAGR · 5Y
+9.8%
PAT CAGR · 3Y
+49.7%
PAT CAGR · 5Y
+29.1%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Bharat Heavy Electricals segment analysis : revenue and profit mix.

Disclosed business segments at Bharat Heavy Electricals with their share of revenue and profit, switchable between consolidated and standalone reporting.

Bharat Heavy Electricals discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Bharat Heavy Electricals Limited.

Our AI distills the core fundamental drivers supporting Bharat Heavy Electricals Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Bharat Heavy Electricals Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • ₹1.45 LCr market cap with 58.17% promoter holding signals strong insider commitment

  • Latest quarterly EPS grew 155.8% YoY; TTM EPS grew 156.4% YoY despite cyclical volatility

  • Quarterly revenue up 36.9% YoY; Q2 FY2026 sales ₹12,310 Cr reflect strong order execution

  • Debt-to-equity 0.31x provides reasonable leverage cushion for capital-intensive operations

  • Operating cash flow ₹16.76 per share annually supports dividend sustainability

bear case

Key Risks.

  • P/E 90.07x and price-to-book 5.08x signal elevated valuation multiples relative to peers

  • ROE 6.29% and ROCE 8.51% significantly lag industry and peer benchmarks materially

  • Operating margin 6.93% quarterly and 6.00% TTM trail peer averages substantially

  • Dividend yield 0.13% offers minimal income return for equity investors seeking yield

  • Cash flow highly volatile. Q2 FY2026 FCF negative ₹14,117 Cr; Q1 FY2026 positive ₹2,966 Cr

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 78 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

Bharat Heavy Electricals shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Bharat Heavy Electricals — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

FII9.51%2.28%
DII22.44%1.54%
Public9.88%0.74%
Promoters58.17%

Ownership Distribution

Foreign Institutions
9.51%
Domestic Institutions
22.44%
Retail & Public
9.88%
Promoters
58.17%

Category Trends

Foreign Institutions Breakdown
Total Holding: 9.51%
Net Change: +2.28%
Category Total9.51%
Total Holding9.51%
Net Change+2.28%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 9.51%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
PINEBRIDGE GLOBAL FUNDS- PINEBRIDGE INDIA EQUITY FUND
0.00%
0.00%
0.00%
Jun 2026
COMGEST GROWTH PLC - COMGEST GROWTH EMERGING MARKETS
0.00%
0.00%
0.00%
Jun 2026
Lazard Emerging Markets Portfolio
0.00%
0.00%
0.00%
Jun 2026
PINEBRIDGE INVESTMENTS GF MAURITIUS LIMITED
0.00%
0.00%
0.00%
Jun 2026
AMUNDI FUNDS SBI FM INDIA EQUITY
0.00%
0.00%
0.00%
Jun 2026
Fidelity Emerging Markets Fund
0.00%
0.00%
0.00%
Jun 2026
MAGELLAN
0.00%
0.00%
0.00%
Jun 2026
Peers

Bharat Heavy Electricals Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Bharat Heavy Electricals Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
ABB India Limited
₹1.60 Lakh Cr
Best Profit Growth
GE Power India Limited
418.00 %
Highest Dividend Yield
ABB India Limited
1.07 %
09 · Chart Patterns

Bharat Heavy Electricals Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Bharat Heavy Electricals Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on BHEL
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full BHEL pattern history & scanner →
Delivery Conviction

Bharat Heavy Electricals Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Bharat Heavy Electricals Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Bharat Heavy Electricals Limited stood at 36.5% of traded volume, against a 20-day average of 44.3%.

Avg Delivery (20D)44.3%-7.7 ppt latest vs avg
Highest Delivery67.2%on 29 Jun
Avg Volume (20D)1.91 Cr20-day run-rate
Conviction Trend↓ Weakening-7.7 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Bharat Heavy Electricals announcements: results, concalls, ratings, M&A.

Filings Bharat Heavy Electricals sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Bharat Heavy Electricals files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 192 documents below.

  1. 17 Jul 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Bharat Heavy Electricals Limited has informed the Exchange about Copy of Newspaper Publication

  2. 16 Jul 2026General UpdatesView PDF

    General Updates

    BHEL Q1 FY 2026-27 Supplementary Information

  3. 16 Jul 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Bharat Heavy Electricals Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

  4. 11 Jul 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Bharat Heavy Electricals Limited has informed the Exchange about Copy of Newspaper Publication

  5. 10 Jul 2026UpdatesView PDF

    Updates

    Bharat Heavy Electricals Limited has informed the Exchange regarding 'Business Responsibility & Sustainability Report for FY 2025-26'.

Corporate Actions

Bharat Heavy Electricals dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Bharat Heavy Electricals has declared, sequenced by announce and record date.

Bharat Heavy Electricals corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Bharat Heavy Electricals Limited: business, sector, key facts.

What Bharat Heavy Electricals Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Bharat Heavy Electricals Limited operates in the Heavy Electrical Equipment industry under the Capital Goods sector, listed as NSE: BHEL, BSE: 500103.

BHEL
Capital Goods

Bharat Heavy Electricals Limited

NSE · BHEL·BSE · 500103·www.bhel.com

Bharat Heavy Electricals Limited (BHEL) is a major Indian engineering and manufacturing company with a global presence. Its core business revolves around the design, manufacture, and supply of equipment and systems across diverse sectors. Operating primarily through two segments – Power and Industry – BHEL caters to a wide range of clients in power generation, transmission, and various industrial applications.

In the Power segment, BHEL is a significant player in power plant construction, offering solutions for coal-based, gas-based, nuclear, and hydro power plants, as well as increasingly focusing on renewable energy sources like solar power systems. This segment also encompasses the manufacturing of crucial power transmission system components.

The Industry segment showcases BHEL's versatility. It provides a broad spectrum of industrial systems, including steam generators, turbines, pumps, compressors, and a wide array of related components. This extends to equipment for oil and gas, water treatment (including desalination plants), and even rail transportation. Furthermore, BHEL offers specialized solutions for the defense and aerospace sectors.

BHEL's product portfolio is extensive and encompasses a vast array of components and systems. From basic components like valves and piping to complex systems like steam turbines and turbo generators, the company demonstrates a high level of vertical integration. Its expertise also extends to advanced technologies like pressurized fluidized bed gasifiers, solar photovoltaics, and energy storage systems. Additionally, BHEL offers software solutions and electrical equipment, further demonstrating its diverse capabilities.

In summary, BHEL's business model is characterized by its broad scope and depth of expertise. The company's integrated approach, covering design, manufacturing, and project execution, allows it to serve diverse industrial sectors. Its ongoing expansion into renewable energy and other emerging technologies suggests a commitment to adapting to the evolving global energy landscape and maintaining its position as a significant player in India's industrial sector.

company facts
Employees
SectorCapital Goods
HeadquartersNew Delhi, India
Market Cap₹1.44 L Cr.
Listed OnNSE
leadership19 on record
Dr. Yogesh Chhabra
Compliance Officer, Company Secretary
Mr. Alok Ranjan
Chief Vigilance Officer
Mr. Koppu Sadashiv Murthy
Chairman & MD
Mr. Krishna Thakur
Whole Time (Functional) Director, Director of Human Resources
Mr. Parthasarathi Das
GM & Head of Mktg. & CC/ PSBG I
Mr. Rajesh Dwivedi
Chief Financial Officer, Whole Time (Functional) Director, Director (Finance)
Mr. Rajesh Kumar Dwivedi
CFO, Director of Finance & Whole-Time Director
Mr. Sumeet Salhotra
General Manager & Head of COC - New Delhi
Mr. Tajinder Gupta
Director of Power, Director of Human Resources & Whole-Time Director
Mr. Vijay Mittal
Part-time Official Director
Ms. Arti Bhatnagar
Part Time Official Director
Ms. Bani Varma
Whole Time (Functional) Director, Director (Industrial Systems and Products)
§ ∞ · Plainly Answered

Questions investors ask about Bharat Heavy Electricals Limited (BHEL).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Bharat Heavy Electricals Limited (BHEL)?

The current share price of Bharat Heavy Electricals Limited (BHEL) is ₹413.3. Today, the stock has declined by ₹4.20 (1.01%), trading in a range of ₹411.2 to ₹417.95. The stock opened at ₹417.5 with a trading volume of 83,74,214 shares.

02Is Bharat Heavy Electricals Limited stock a good investment for long-term?

Bharat Heavy Electricals Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,43,722.16 crores, P/E ratio of 60.36, ROE of 6.29%, and ROCE of 8.51%. The dividend yield stands at 0.13%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Bharat Heavy Electricals Limited stock?

The 52-week high price of Bharat Heavy Electricals Limited (BHEL) is ₹446.5, while the 52-week low is ₹205.12. Currently trading at ₹413.3, the stock is 86.2% away from its 52-week low and 7.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Bharat Heavy Electricals Limited stock at the current price?

Whether to buy Bharat Heavy Electricals Limited stock at ₹413.3 depends on multiple factors. The stock is currently trading with a P/E ratio of 60.36 and P/B ratio of 5.62. Today's performance shows a loss of 1.01%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Bharat Heavy Electricals Limited and when is the next dividend?

Bharat Heavy Electricals Limited offers a dividend yield of 0.13%, which means for every ₹100 invested at the current price of ₹413.3, you can expect to receive approximately ₹0.13 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Bharat Heavy Electricals Limited?

Bharat Heavy Electricals Limited's key financial metrics include: P/E Ratio: 60.36, P/B Ratio: 5.62, ROE: 6.29%, ROCE: 8.51%, Dividend Yield: 0.13%, EPS: ₹4.61, Book Value: ₹75.17, and Debt-to-Equity: 0.31. The company's market cap stands at ₹1,43,722.16 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Bharat Heavy Electricals Limited stock performing today in the market?

Bharat Heavy Electricals Limited stock opened at ₹417.5 and is currently trading at ₹413.3, showing a decline of ₹4.20 (1.01%). The intraday high is ₹417.95 and low is ₹411.2. The trading volume stands at 83,74,214 shares, indicating strong market participation today.

08What is the P/E ratio of Bharat Heavy Electricals Limited and what does it indicate?

Bharat Heavy Electricals Limited has a Price-to-Earnings (P/E) ratio of 60.36, which means investors are willing to pay ₹60.36 for every ₹1 of earnings. With an EPS of ₹4.61, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Bharat Heavy Electricals Limited (BHEL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.