Bharat Heavy Electricals Limited (NSE:BHEL)

Bharat Heavy Electricals Statistics

Total Valuation

NSE:BHEL has a market cap or net worth of INR 922.75 billion. The enterprise value is 950.90 billion.

Market Cap	922.75B
Enterprise Value	950.90B

Important Dates

The last earnings date was Wednesday, October 29, 2025.

Earnings Date	Oct 29, 2025
Ex-Dividend Date	Aug 1, 2025

Share Statistics

Current Share Class	3.48B
Shares Outstanding	n/a
Shares Change (YoY)	-0.50%
Shares Change (QoQ)	-0.17%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	21.04%
Float	1.25B

Valuation Ratios

The trailing PE ratio is 165.21 and the forward PE ratio is 39.39.

PE Ratio	165.21
Forward PE	39.39
PS Ratio	3.15
PB Ratio	3.78
P/TBV Ratio	3.80
P/FCF Ratio	59.36
P/OCF Ratio	46.61
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 86.29, with an EV/FCF ratio of 61.17.

EV / Earnings	170.25
EV / Sales	3.25
EV / EBITDA	86.29
EV / EBIT	117.88
EV / FCF	61.17

Financial Position

The company has a current ratio of 1.45, with a Debt / Equity ratio of 0.45.

Current Ratio	1.45
Quick Ratio	0.47
Debt / Equity	0.45
Debt / EBITDA	10.49
Debt / FCF	7.06
Interest Coverage	1.04

Financial Efficiency

Return on equity (ROE) is 2.30% and return on invested capital (ROIC) is 1.37%.

Return on Equity (ROE)	2.30%
Return on Assets (ROA)	0.70%
Return on Invested Capital (ROIC)	1.37%
Return on Capital Employed (ROCE)	1.88%
Revenue Per Employee	7.12M
Profits Per Employee	135,792
Employee Count	41,132
Asset Turnover	0.44
Inventory Turnover	1.92

Taxes

In the past 12 months, NSE:BHEL has paid 2.16 billion in taxes.

Income Tax	2.16B
Effective Tax Rate	27.87%

Stock Price Statistics

The stock price has increased by +9.97% in the last 52 weeks. The beta is 0.75, so NSE:BHEL's price volatility has been lower than the market average.

Beta (5Y)	0.75
52-Week Price Change	+9.97%
50-Day Moving Average	232.05
200-Day Moving Average	228.61
Relative Strength Index (RSI)	77.24
Average Volume (20 Days)	10,213,647

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NSE:BHEL had revenue of INR 292.69 billion and earned 5.59 billion in profits. Earnings per share was 1.60.

Revenue	292.69B
Gross Profit	94.14B
Operating Income	7.50B
Pretax Income	7.74B
Net Income	5.59B
EBITDA	9.94B
EBIT	7.50B
Earnings Per Share (EPS)	1.60

Balance Sheet

The company has 81.54 billion in cash and 109.69 billion in debt, giving a net cash position of -28.15 billion.

Cash & Cash Equivalents	81.54B
Total Debt	109.69B
Net Cash	-28.15B
Net Cash Per Share	n/a
Equity (Book Value)	244.00B
Book Value Per Share	70.29
Working Capital	143.46B

Cash Flow

In the last 12 months, operating cash flow was 19.80 billion and capital expenditures -4.25 billion, giving a free cash flow of 15.55 billion.

Operating Cash Flow	19.80B
Capital Expenditures	-4.25B
Free Cash Flow	15.55B
FCF Per Share	n/a

Margins

Gross margin is 32.16%, with operating and profit margins of 2.56% and 1.91%.

Gross Margin	32.16%
Operating Margin	2.56%
Pretax Margin	2.65%
Profit Margin	1.91%
EBITDA Margin	3.40%
EBIT Margin	2.56%
FCF Margin	5.31%

Dividends & Yields

This stock pays an annual dividend of 0.50, which amounts to a dividend yield of 0.19%.

Dividend Per Share	0.50
Dividend Yield	0.19%
Dividend Growth (YoY)	100.00%
Years of Dividend Growth	n/a
Payout Ratio	31.24%
Buyback Yield	0.50%
Shareholder Yield	0.69%
Earnings Yield	0.61%
FCF Yield	1.68%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 28, 2017. It was a forward split with a ratio of 1.5.

Last Split Date	Sep 28, 2017
Split Type	Forward
Split Ratio	1.5

Scores

Altman Z-Score	n/a
Piotroski F-Score	7