Bharat Heavy Electricals Limited (NSE:BHEL)
India · Delayed Price · Currency is INR 257.15
-4.45 (-1.70%)
Feb 19, 2026, 11:10 AM IST
Bharat Heavy Electricals Income Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 | Mar '21 Mar 31, 2021 |
Operating Revenue | 304,652 | 283,395 | 238,928 | 233,649 | 212,111 | 173,087 |
Revenue | 304,652 | 283,395 | 238,928 | 233,649 | 212,111 | 173,087 |
Revenue Growth (YoY) | 10.36% | 18.61% | 2.26% | 10.15% | 22.55% | -19.36% |
Cost of Revenue | 211,331 | 190,625 | 169,800 | 164,437 | 149,217 | 119,943 |
Gross Profit | 93,321 | 92,770 | 69,128 | 69,213 | 62,894 | 53,144 |
Selling, General & Admin | 60,775 | 59,885 | 56,895 | 57,651 | 55,820 | 54,420 |
Other Operating Expenses | 14,078 | 16,210 | 6,783 | 6,237 | -566.9 | 29,907 |
Operating Expenses | 83,507 | 84,338 | 66,367 | 66,797 | 59,378 | 89,834 |
Operating Income | 9,814 | 8,432 | 2,761 | 2,415 | 3,517 | -36,690 |
Interest Expense | -7,213 | -7,093 | -6,011 | -3,098 | -625.4 | -681.4 |
Interest & Investment Income | 4,026 | 4,026 | 4,938 | 4,211 | 3,028 | 3,209 |
Earnings From Equity Investments | 541.9 | 590.1 | 639.8 | 560.2 | 504.2 | 441.4 |
Currency Exchange Gain (Loss) | 1,354 | 1,354 | 1,052 | 4,599 | 816.2 | 658.3 |
Other Non Operating Income (Expenses) | 2,439 | -45.4 | -1,030 | -1,862 | -2,548 | -2,880 |
EBT Excluding Unusual Items | 10,962 | 7,264 | 2,349 | 6,826 | 4,692 | -35,943 |
Gain (Loss) on Sale of Investments | 57.6 | 57.6 | -11.4 | -1.6 | -56.5 | -35.1 |
Gain (Loss) on Sale of Assets | 134.6 | 134.6 | 89.2 | 331.8 | 69 | 18.8 |
Pretax Income | 11,154 | 7,456 | 2,427 | 7,156 | 4,705 | -35,959 |
Income Tax Expense | 3,012 | 2,117 | -395.6 | 614.9 | 257.5 | -8,962 |
Earnings From Continuing Operations | 8,142 | 5,339 | 2,822 | 6,541 | 4,447 | -26,997 |
Minority Interest in Earnings | - | - | - | - | 13.2 | 25.9 |
Net Income | 8,142 | 5,339 | 2,822 | 6,541 | 4,460 | -26,971 |
Net Income to Common | 8,142 | 5,339 | 2,822 | 6,541 | 4,460 | -26,971 |
Net Income Growth | 56.87% | 89.18% | -56.85% | 46.65% | - | - |
Shares Outstanding (Basic) | 3,332 | 3,482 | 3,482 | 3,482 | 3,482 | 3,482 |
Shares Outstanding (Diluted) | 3,332 | 3,482 | 3,482 | 3,482 | 3,482 | 3,482 |
Shares Change (YoY) | -8.73% | - | - | - | - | - |
EPS (Basic) | 2.44 | 1.53 | 0.81 | 1.88 | 1.28 | -7.75 |
EPS (Diluted) | 2.44 | 1.53 | 0.81 | 1.88 | 1.28 | -7.75 |
EPS Growth | 71.69% | 88.89% | -56.88% | 46.76% | - | - |
Free Cash Flow | - | 19,104 | -39,454 | -9,291 | 4,909 | 3,096 |
Free Cash Flow Per Share | - | 5.49 | -11.33 | -2.67 | 1.41 | 0.89 |
Dividend Per Share | - | 0.500 | 0.250 | 0.400 | 0.400 | - |
Dividend Growth | - | 100.00% | -37.50% | - | - | - |
Gross Margin | 30.63% | 32.73% | 28.93% | 29.62% | 29.65% | 30.70% |
Operating Margin | 3.22% | 2.97% | 1.16% | 1.03% | 1.66% | -21.20% |
Profit Margin | 2.67% | 1.88% | 1.18% | 2.80% | 2.10% | -15.58% |
Free Cash Flow Margin | - | 6.74% | -16.51% | -3.98% | 2.31% | 1.79% |
EBITDA | 11,873 | 10,558 | 4,975 | 4,689 | 6,235 | -32,600 |
EBITDA Margin | 3.90% | 3.72% | 2.08% | 2.01% | 2.94% | -18.83% |
D&A For EBITDA | 2,059 | 2,125 | 2,214 | 2,273 | 2,718 | 4,090 |
EBIT | 9,814 | 8,432 | 2,761 | 2,415 | 3,517 | -36,690 |
EBIT Margin | 3.22% | 2.97% | 1.16% | 1.03% | 1.66% | -21.20% |
Effective Tax Rate | 27.00% | 28.39% | - | 8.59% | 5.47% | - |
Revenue as Reported | 311,790 | 288,048 | 244,391 | 238,536 | 215,656 | 176,571 |
Advertising Expenses | - | 22.9 | 30.8 | 36.2 | 19.4 | 15.5 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.