Bharat Heavy Electricals Ltd

Bharat Heavy Electricals (BHEL) announced that Asit Gopal, Special Secretary & Financial Advisor (SS&FA), has been appointed as Part-time Official (Government Nominee) Director on the Board of BHEL on 03 February 2026. Powered by Capital Market - Live

Revenue from operations rose 16.43% year on year to Rs 8,473.10 crore in the quarter ended 31 December 2025. Profit before tax (PBT) stood at Rs 519.83 crore, up 190.81%, compared with Rs 178.75 crore posted in same quarter last year. Total expenses increased 13.34% YoY to Rs 8,188.26 crore in the December 2025 quarter. The cost of materials & services stood at Rs 6,058.80 crore (up 23.77%), while employee benefits expenses were at Rs 1,530.71 crore (up 3.28% YoY) during the period under review. On the segmental front, revenue from the power business stood at Rs 6,322.36 crore (up 13.13% YoY) and revenue from industry stood at Rs 21,50.74 crore (up 27.36% YoY) during the period under review. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. BHEL is the flagship engineering and manufacturing enterprise of India and is owned and operated by the Government of India. Shares of Bharat Heavy Electricals shed 1.07% to Rs 262.70 on the BSE. Powered by Capital Market - Live

Net profit of Bharat Heavy Electricals rose 189.83% to Rs 390.40 crore in the quarter ended December 2025 as against Rs 134.70 crore during the previous quarter ended December 2024. Sales rose 16.44% to Rs 8473.10 crore in the quarter ended December 2025 as against Rs 7277.09 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales8473.107277.09 16 OPM %6.444.18 - PBDT597.82246.63 142 PBT519.83178.75 191 NP390.40134.70 190 Powered by Capital Market - Live

Bharat Heavy Electricals (BHEL) has achieved yet another significant milestone in its 'Make in India' initiatives for the rail transportation sector by commencing supply of underslung traction transformers for the prestigious Vande Bharat Sleeper Train project being executed by BHEL-led consortium with TRSL. This development further strengthens BHEL's strategic entry into the semi-high-speed propulsion segment, with operational speed of up to 160 kmph and design speed of 180 kmph. The Traction Transformers are being despatched to Kolkata for final assembly of the Vande Bharat Sleeper Trains. In addition, another key propulsion system equipment, the Traction Motor, has been developed and manufactured by BHEL's Bhopal unit. Also, BHEL-Jhansi, building on its strong legacy in rolling stock and railway equipment, has achieved a significant milestone having recently received an order for Rail Borne Maintenance Vehicles (RBMV). The project for such track machines is a part of the specialized rolling stock segment of the railway infrastructure domain, reflecting the plant's expanding role beyond conventional rolling stock applications. The order aligns with the GOI initiatives such as 'Make in India' and 'Aatmanirbhar Bharat', as the RBMVs will be manufactured domestically, contributing to indigenisation and self-reliance in railway track maintenance technologies. RBMVs are specialized railway vehicles used for construction, inspection, repair, and upkeep of railway tracks. They ensure track safety, ride comfort, and longer asset life by reducing manual labour and increasing precision. The vehicles will be designed and manufactured at BHEL's Jhansi Plant. Powered by Capital Market - Live

There has been no official notification from the government on easing restrictions for Chinese manufacturers so far. However, media reports indicated that in the transmission and high-voltage equipment segment, a Chinese manufacturer may be permitted to participate in bidding processes starting FY27. According to the reports, Chinese power equipment maker TBEA has been approved to bid in certain high-voltage reactor categories, including power transmission projects, from the financial year beginning 2027. The reports added that restrictions have not been fully lifted. Any potential participation would be limited to future bids, with no immediate risk of a surge in imports. Capacity constraints in the transmission space have pushed up pricing sharply in recent years, and the entry of additional players could cap further upside. Stocks across the high-voltage and extra-high-voltage segment also saw pressure. Names such as Hitachi Energy India (-5.43%), GE Vernova T&D India (-3.12%), Transformers and Rectifiers India (-2.72%) and CG Power and Industrial Solutions (-0.83%) declined. Market participants expect valuations in the capital goods space to adjust to rising competition. However, the near-term impact on earnings is seen as limited, as domestic capacities remain constrained and pricing discipline is unlikely to weaken sharply in the immediate term. BHEL is an integrated power plant equipment manufacturer catering to sectors such as power, transmission, transportation, renewable energy, oil and gas and defence. The company reported a 253.17% YoY jump in consolidated net profit to Rs 374.89 crore in Q2 FY26, while revenue rose 14.06% to Rs 7,511.80 crore. Powered by Capital Market - Live

BHEL said it has received a letter of acceptance from Bharat Coal Gasification and Chemicals for setting up a coal gasification and raw syngas cleaning plant under the LSTK-1 package at Lakhanpur in Odisha. The project is part of BCGCL's coal-to-2000 TPD ammonium nitrate facility. The scope of work includes design, engineering, supply of equipment, civil works, erection, commissioning and operations and maintenance services. Preliminary acceptance is scheduled within 42 months from the date of the order, followed by O&M services for 60 months. BCGCL is a joint venture between BHEL and Coal India, and the contract qualifies as a related-party transaction executed at arm's length, the company said. The sizeable order boosted investor sentiment, lifting the stock sharply in trade. Separately, the company said it has commenced supply of semi high speed underslung traction converters for the Vande Bharat Sleeper Train project, marking its entry into the semi high speed propulsion segment. The first set has been dispatched from its Bengaluru plant to Kolkata for final assembly under the BHEL-led consortium with Titagarh Rail Systems, with traction motors and transformers developed at its Bhopal and Jhansi units. BHEL is an integrated power plant equipment manufacturer catering to sectors such as power, transmission, transportation, renewable energy, oil and gas and defence. The company reported a 253.17% YoY jump in consolidated net profit to Rs 374.89 crore in Q2 FY26, while revenue rose 14.06% to Rs 7,511.80 crore. Shares of BHEL had slumped 10.34% in the previous session. Powered by Capital Market - Live

Bharat Heavy Electricals (BHEL) has achieved a major milestone in its 'Make in India' initiatives for the rail transportation sector by commencing supply of underslung traction converters for the prestigious Vande Bharat Sleeper Train project being executed by BHEL led consortium with TRSL. Significantly, this marks BHEL's strategic entry into the semi-high-speed propulsion segment. The traction converters are being despatched to Kolkata for final assembly of the Vande Bharat Sleeper Trains. In addition, other major propulsion equipment such as traction motors and transformers for these trains have been developed and manufactured by its Bhopal and Jhansi units. Equipped with state-of-the-art IGBT-based traction converters, the underslung design places the propulsion equipment beneath the train car, freeing up significant onboard space for passenger amenities and increasing the overall payload capacity of the train. Key highlights of the propulsion system include operational speed of up to 160 kmph with design speed of 176 kmph, and high-efficiency power conversion utilizing advanced thermal management to ensure reliability during long-distance overnight journeys.Powered by Capital Market - Live

Bharat Heavy Electricals will hold a meeting of the Board of Directors of the Company on 19 January 2026.Powered by Capital Market - Live

Bharat Heavy Electricals Ltd is up for a third straight session today. The stock is quoting at Rs 292, up 1.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 26156.4. The Sensex is at 85236.73, up 0.02%. Bharat Heavy Electricals Ltd has gained around 2.28% in last one month. Meanwhile, Nifty Energy index of which Bharat Heavy Electricals Ltd is a constituent, has gained around 0.02% in last one month and is currently quoting at 35325.65, up 0.4% on the day. The volume in the stock stood at 50.51 lakh shares today, compared to the daily average of 59.68 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 293.45, up 1.47% on the day. Bharat Heavy Electricals Ltd is up 25.46% in last one year as compared to a 8.14% jump in NIFTY and a 0.7% jump in the Nifty Energy index.The PE of the stock is 184.29 based on TTM earnings ending September 25.Powered by Capital Market - Live

Bharat Heavy Electricals Ltd dropped for a fifth straight session today. The stock is quoting at Rs 274.3, down 0.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.54% on the day, quoting at 25954.65. The Sensex is at 84895.45, up 0.49%.Bharat Heavy Electricals Ltd has lost around 3.84% in last one month.Meanwhile, Nifty Energy index of which Bharat Heavy Electricals Ltd is a constituent, has eased around 4.4% in last one month and is currently quoting at 34464.3, up 0.5% on the day. The volume in the stock stood at 28.91 lakh shares today, compared to the daily average of 69.78 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 275.1, down 0.15% on the day. Bharat Heavy Electricals Ltd jumped 16.57% in last one year as compared to a 10.04% rally in NIFTY and a 0.78% fall in the Nifty Energy index.The PE of the stock is 176.31 based on TTM earnings ending September 25.Powered by Capital Market - Live