Bharat Heavy Electricals Ltd.
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59.45 -0.75 ▼-1.3%

30 July 2021, 04:00:00 P.M.
Volume: 6,961,665

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.bhel.com
Financial Indicators
Market Cap 20,700.87 Cr.
Earnings per share (EPS) -7.75 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 84.81 Trailing Twelve Months Ending 2021-03
Book Value / Share 74.62 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.80 Calculated using Price: 59.45
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 348.21 Cr. 3,482,063,355 Shares
FaceValue 2
Company Profile

Bharat Heavy Electricals Limited (BHEL) is a celebration of India’s industrial achievements. It is established in 1964. It is one of India’s largest engineering and manufacturing enterprises in the energy and infrastructure sectors and a leading power equipment manufacturer globally.

All the entities of the company are accredited to ISO 9001:2015, Quality Management Systems, with major manufacturing units also accredited to Environmental Management Systems, ISO 14001:2015, and Occupational Health & Safety Management Systems, OHSAS 18001:2007.

Business area of the company

The company is one of the largest engineering and manufacturing companies of its kind in India, engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products, services and systems for core sectors of the economy, viz. Power Generation, Transmission, Industry, Transportation, Renewable Energy, Oil & Gas, Water, Defence & Aerospace, and E-Mobility & Energy Storage Solutions.

Products & Services

  • Thermal Power Plants
  • Nuclear Power Plants
  • Gas-Based Power Plants
  • Hydro Power Plants
  • Solar Power System
  • DG Power Plants
  • Desalination And Water Treatment Plants
  • Boilers
  • Boiler Auxiliaries
  • Soot Blowers
  • Valves
  • Piping Systems
  • Seamless Steel Tubes
  • Steam Turbines
  • Turbogenerators
  • Industrial Sets
  • Castings And Forgings
  • Condenser And Heat Exchangers
  • Pumps
  • Compressors
  • Solar Photovoltaics
  • Automation And Control Systems
  • Transmission Systems Control
  • Software System Solution
  • Switchgear
  • On Load Tap Changers (OLTC)
  • L T Switchgear & Bus Ducts
  • Transformers & Reactors
  • Capacitors
  • Bushings
  • Control Gear
  • Insulators
  • Electrical Machines
  • Transportation Systems
  • Transportation Equipment
  • Energy Storage System & E- Mobility
  • Oil Field Equipment
  • Fabricated Equipment And Mechanical Packages

Awards

2011

  • BHEL employees win 5 Vishwakarma National Awards and BHEL Units bag 3 National Safety Awards 
  • BHEL wins ICWAI National Awards for Excellence in Cost Management for the sixth consecutive year; maximum number of awards conferred on BHEL among public and private sector companies 
  • BHEL gets Golden Peacock Award 2011 for Occupational Health and Safety 
  • BHEL bags Intellectual Property Award 2011 
  • BHEL receives Essar Steel Infrastructure Excellence Award 2011 
  • BHEL wins DSIJ Gentle Giant Award 2011 

2012

  • BHEL gets the D and B Best PSU award in the Electrical and Electronics category 
  • BHEL gets the BT-Star Award for the most Innovative PSU in the Maharatna/Navratna category

2013

  • BHEL wins India Pride Award 2013 for Excellence in Heavy Industries 
  • BHEL bags PSE Excellence Award 2013 for RnD, Technology Development and Innovation
  • BHEL conferred BGR-ENERTIA Commemoration Award for Technology Enterprise Innovation - Conventional Energy  

2014

  • BHEL bags PSE Excellence Award 2014 for R and D and Technology Development 
  • BHEL wins ICAI National Award for Excellence in Cost Management for the ninth consecutive year 
  • BHEL conferred Skoch Foundation Order of Merit Awards 

2015

  • BHEL wins DSIJ Award 2015 for the Most Efficient Maharatna PSU 
  • BHEL wins Best Overall Performance Award 
  • BHEL wins Award for Best R and D and Innovation 
  • BHEL bags EEPC's Top Export Award for the 25th consecutive year 
  • BHEL bags PSE Excellence Awards for Human Resource Management Excellence and for R and D Technology Development and Innovation 
  • BHEL wins India Pride Award 2014-15 for Excellence in Heavy Industries 

2016

  • BHEL wins Golden Peacock HR Excellence award 2016 
  • BHEL wins Awards for Excellence in R and D and Technology Adoption 
  • BHEL wins the EEPC Export Excellence Award for the 26th consecutive year 
  • BHEL bags PSE Excellence Awards for Human Resource Management Excellence and for R and D Technology Development and Innovation
  • BHEL honoured with Excellence Award by POWERGRID 
  • BHEL wins BML Munjal Award for 'Business Excellence through Learning and Development'

2017

  • BHEL bags PSE Excellence Awards for R and D, Technology Development and Innovation, Human Resource Management Excellence and for Contribution of Women in PSEs 
  • CMD, BHEL conferred Industry Honour for 'Visionary Leadership in Heavy Engineering' 
  • CMD, BHEL honoured as eminent engineering personality by The Institution of Engineers 
  • BHEL adjudged the Best Power Equipment Manufacturing Organisation 

2018

  • BHEL wins PSE Excellence Award 2018 for Corporate Governance 
  • BHEL wins ICAI National Award for Excellence in Cost Management 
  • BHEL wins Six National Safety Awards 
  • BHEL wins EEPC Export Excellence Award 
  • BHEL wins India Pride Award 2017-18 for Excellence in Heavy Industries 
  • BHEL wins CBIP Award 2018 for 'Best Power Equipment Manufacturing Organisation' 

2019

  • BHEL wins Indian Green Energy Award 2019 
  • Dun & Bradstreet PSU Award 2019 in manufacturing, processing & generation- Heavy & Medium Engineering category for its contribution to the country's development.
  • Safety Innovation Award 2019 by The Institution of Engineers.
  • Asia Pacific Entrepreneurship Award 2019 under corporate excellence in the field of Engineering Industry.
  • Golden Globe Tigers Award 2019 for excellence in HR Leadership under the category- Dream Company to Work for Golden Peacock Award 2019 for corporate social responsibility.
  • Golden Peacock Award 2019 for corporate social responsibility.
  • BHEL Hyderabad Provident Fund Trust has been conferred with the 'Best Performing Exempted PF Trust Award' by Employees' Provident Fund Organizations (EPFO) at its 67th Foundation Day celebration.
  • National Best Employer Brand Award 2019 for initiatives in talent development, succession planning, retention & talent attraction by World HRD Congress.

2020

  • BHEL wins Governance Now PSU Awards 2020 in three categories.

Milestones

2011

  • BHEL joins hands with Abengoa to develop Concentrated Solar Power projects in India 

2012

  • BHEL develops India first Ultra High Voltage AC 1200 kV Transformer through in-house Research and Development efforts 

2013

  • BHPV Merged with BHEL; Becomes Seventeenth Unit of BHEL 
  • BHEL reaffirms commitment towards environmental concerns; Acquires state-of-the-art technology for controlling pollution from thermal power plants 

2014

  • BHEL, HSL and Midhani join hands for Indigenous Submarine project 
  • BHEL further scaling up Research and Development efforts - Organizes Industry Academia meet to explore potential research areas of collaboration with leading Indian Institutes of Technology 

2015

  • BHEL holds Annual Industry-Academia Meet; Signs MoU with IIT Roorkee 
  • BHEL signs three strategic MoUs in Kazakhstan 
  • BHEL launches online Supplier Registration Portal 

2016

  • BHEL consolidates its global footprint Forays into two new countries - Togo and Benin 
  • BHEL and NHPC sign Contract Agreement 
  • BHEL further expands footprint in Afghanistan 

2017

  • BHEL signs Technology Collaboration Agreement with Kawasaki Heavy Industries Ltd. for Manufacture of Stainless Steel Coaches for Metros 
  • BHEL and Indian Railways tie up for Rooftop SPV Systems 
  • BHEL signs MoU with NEERI for joint working on projects related to water and waste water treatment 

2018

  • BHEL signs Technology Collaboration Agreement with Babcock Power Environmental Inc., USA
  • BHEL Renovates RCC drain and builds modern Public Utility Complex in Noida as part of CSR initiatives 
  • BHEL signs Technology Transfer Agreement with ISRO for manufacture of Space Grade Lithium-ion cells 
  • BHEL signs Technology Collaboration Agreement with HLB Power, Republic of Korea 

2019

  • BHEL signs MoU with CSIR for commercialisation of indigenously developed technologies
  • BHEL signs MoU with NTPC to set up world’s most efficient & environmental friendly coal-fired power plant 
  • BHEL and CONCOR to jointly set up Rail-based Logistics Facility at Haridwar
  • BHEL signs MoU with ARAI for e-mobility projects 

2020

  • AatmaNirbhar Bharat - BHEL showcases capabilities for developing self-reliance in manufacturing 
  • BHEL launches ‘Quality First’ Initiative 
  • BHEL signs MoU with Rosoboronexport, Russia 
  • BHEL launches multi-dimensional Transformation Strategy; Focuses on converting challenges of rapidly changing business environment into opportunities 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.25%
1 Week
-7.04%
1 Month
-9.65%
3 Month
+23.08%
6 Month
+64.91%
1 Year
+61.55%
2 Year
+2.94%
5 Year
-38.84%

Ratios View Details

9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 31.13 23.94 11.00 4.31 -2.07 1.48 2.56 3.76 -5.02
Return on Capital Employed (%) 45.09 32.71 14.66 6.16 -2.29 3.14 5.96 7.29 -0.21
Return on Assets (%) 11.49 9.84 4.88 2.04 -1.01 0.74 1.35 1.89 -2.42

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 25,403 30,548 33,170 34,207 32,314 32,389 32,335 30,904 28,661
Non Curr. Liab. 11,331 11,447 14,096 11,680 8,602 4,971 5,642 6,476 6,690
Curr. Liab. 29,142 28,197 25,998 22,727 26,993 23,635 24,197 25,943 24,976
Minority Int. 5 5 4 2 1 -1 -4 -7 -9
Equity & Liab. 65,881 70,197 73,269 68,617 67,910 60,993 62,170 63,317 60,318
Non Curr. Assets 16,640 18,786 20,873 19,575 16,518 14,597 17,698 22,048 25,307
Curr. Assets 49,219 51,411 52,395 49,041 51,392 46,396 44,472 41,269 35,010
Misc. Exp. not W/O 22
Total Assets 65,881 70,197 73,269 68,617 67,910 60,993 62,170 63,317 60,318

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 48,107 48,609 39,284 30,623 25,520 28,477 28,827 30,441 21,490
Other Income 2,097 2,637 2,899 2,926 3,466 4,629 3,475 3,000 4,054
Total Income 50,204 51,246 42,184 33,549 28,986 33,106 32,303 33,441 25,544
Total Expenditure -38,980 -40,635 -35,987 -30,187 -28,835 -31,234 -29,580 -30,562 -25,112
PBIDT 11,223 10,611 6,197 3,362 151 1,872 2,723 2,879 431
Interest -53 -128 -133 -92 -360 -413 -330 -378 -613
Depreciation -803 -957 -985 -1,082 -937 -850 -787 -476 -503
Taxation -3,280 -2,838 -1,575 -737 456 -130 -777 -837 -809
Exceptional Items 0 4
PAT 7,087 6,693 3,502 1,450 -690 479 829 1,188 -1,494

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -701 1,759 4,512 821 374 560 989 -3,860 -2,892
Cash Fr. Inv. -582 -1,113 -868 650 23 -565 961 1,919 1,837
Cash Fr. Finan. -1,690 472 523 -3,543 -122 -468 -667 -32 1,662
Net Change -2,972 1,118 4,167 -2,071 275 -473 1,283 -1,973 607
Cash & Cash Eqvt 6,734 7,853 12,020 9,949 10,087 1,486 2,769 796 1,403

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 63.17 63.17 63.17 63.17 63.17 63.17 63.17 63.17 63.17
Public 36.83 36.83 36.83 36.83 36.83 36.83 36.83 36.83 36.83
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 30 Jul 2021
Unaudited Financial Results For The Quarter Ended 30Th June 2021
Pursuant to Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 it is informed that the Unaudited Standalone and Consolidated Financial Results of BHEL for the quarter ended 30th June 2021 have been approved by the Board of Directors of the Company in its meeting held today 30th July 2021. A copy of the said results alongwith the Limited Review Reports issued by the Auditor is enclosed herewith.
Wed, 21 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Institutional Investor/Analyst Conference Call on the companys Q1FY22 Results will be held on Friday 30th July 2021 during 1830-1930 hrs (IST). Please visit Investor Relations page of www.bhel.com for conference call notice and registration web link
Wed, 21 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
REVISED: Institutional Investor/Analyst Conference Call on the companys Q1FY22 Results will be held on Friday 30th July 2021 during 1830-1930 hrs (IST). Please visit Investor Relations page of www.bhel.com for conference call notice and registration web link

Technical Scans View Details

Fri, 30 Jul 2021
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Close Crossing 100 EMA From Above Close Crossing 100 EMA From Above
Stochastic In Oversold Zone Stochastic In Oversold Zone

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