Bharat Heavy Electricals Ltd

According to an exchange filing, the order encompasses the design, engineering, manufacture, supply, transportation, unloading, storage, erection, commissioning, and performance guarantee testing of the CPP package on a turnkey basis. The scope of work excludes civil works. The project is scheduled to be commissioned within 39 months from the effective date of the contract. The order is considered significant for the industry and is valued in the range of Rs 1,200 crore to Rs 1,500 crore. BHEL clarified that none of its promoters or promoter group entities have any interest in the awarding authority. The company also stated that the transaction does not fall under related-party transactions as per applicable regulatory norms. 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. Steel Authority of India (SAIL) is the leading steel-making company in India. The company is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive, and defense industries, as well as for export markets. Shares of Bharat Heavy Electricals (BHEL) rose 0.48% to Rs 264.05, while Steel Authority of India advanced 1.87% to Rs 160.30 on the BSE. Powered by Capital Market - Live

Bharat Heavy Electricals (BHEL) has received a Letter of Acceptance from Steel Authority of India (SAIL) for design, engineering, manufacture, supply, transportation, unloading, storage, erection, commissioning and performance guarantee test for captive power plant package on turnkey basis excluding civil work. The order is valued between Rs 1200 crore to Rs 1500 crore. Powered by Capital Market - Live

The Government of India, the company's promoter, is offering a base lot of 10.44 crore shares, representing 3.00% of the company's equity. The offer includes an oversubscription option for an additional 6.96 crore shares or 0.79% stake, taking the total potential divestment to 17.4 crore shares, or 5.00% stake. The floor price has been set at Rs 254 per share, a discount of 7.99% to the stock's previous close of Rs 276.05 on January 27, 2026. The OFS opened on February 11 for non-retail investors. Retail investors can participate on February 12, along with non-retail bidders carrying forward unallotted bids. The offer is being conducted through a special window on the BSE and NSE during market hours. By 2:00 p.m. on T Day, the non-retail portion was subscribed 12.99% of the base offer size. Bids were received for 1.22 crore shares against 9.40 crore shares on base non-retail offer. As of December 2025, the Government of India held a 63.17% stake in Bharat Heavy Electricals. 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. The company's consolidated net profit surged 189.82% to Rs 390.40 crore while revenue from operations rose 16.43% to Rs 8,473.10 crore in Q3 December 2025 over Q3 December 2024. Powered by Capital Market - Live

Bharat Heavy Electricals (BHEL) has received a Letter of Acceptance from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture company of BHEL and Coal India (CIL). The contract is for Design, Engineering, Supply of equipment, Civil works, Erection, Commissioning and O&M Services for Syngas Purification Plant (LSTK 2 Package) of BCGCL's Coal to 2000 TPD Ammonium Nitrate Project at Lakhanpur, Jharsuguda District, Odisha, India. The contract is valued at approximately Rs 2,800 crore. Powered by Capital Market - Live

Bharat Heavy Electricals (BHEL) has received a Letter of Intent (LOI) from Hindalco Industries for Design, Engineering, Supply of equipment, Installation, Commissioning and Performance Acceptance Test (PAT) for 2 x 150 MW BTG Package for Aditya Expansion Project Phase II at Aditya Aluminium, Hindalco Industries at Lapanga, Sambalpur in the state of Odisha, India. The value of the order is approximately Rs 1200 - 1500 crore. Powered by Capital Market - Live

The LOI, received on 3 February 2026, is for the design, engineering, manufacture, supply, installation, commissioning and performance acceptance testing of a 2 x 150 MW boiler-turbine-generator package. The project is part of Hindalco's Aditya Expansion Project Phase II at its aluminium facility in Lapanga, Sambalpur district of Odisha. The order, awarded through a domestic tender, is valued at approximately Rs 1,200-1,500 crore. Commissioning of the BTG package is scheduled within 35 months for Unit 1 and 37 months for Unit 2 from the effective date of the contract. 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. The company's consolidated net profit surged 189.82% to Rs 390.40 crore while revenue from operations rose 16.43% to Rs 8,473.10 crore in Q3 December 2025 over Q3 December 2024. Powered by Capital Market - Live

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