profit from every ₹100 of sales.
₹0₹100
Bharat Heavy Electricals
₹436.30+1.18% today
+58.6% in 1 year
1-year low ₹242.501-year high ₹464.00
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹94.94 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Bharat Heavy Electricals sold, what it kept, and what it did with the cash.
Sales went from ₹221 billion in 2023 to ₹338 billion in 2026, with ₹16.0 billion of profit last year.
SalesProfit
Bharat Heavy Electricals handed back 3% of the cash it generated last year.
₹1.7B
Free cash flow 2026₹52.5B
Bought back its own shares–
Paid as dividends₹1.7B
Cash vs. debt₹14.4B vs. ₹81.9B
Bharat Heavy Electricals vs. similar companies
Bharat Heavy Electricals grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Bharat Heavy Electricals | 94.9× · Very expensive | ||
 GE Vernova | 43.5× · Expensive | ||
 Schneider Electric S.E. | 34.4× · Expensive | ||
 Eaton | 33.6× · Expensive | ||
 Siemens Energy | 79.0× · Very expensive |
AI analysis
An AI analyst reads Bharat Heavy Electricals's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 221,363 | 229,205 | 283,395 | 337,822 | |
| 58,356 | 61,134 | 94,943 | 107,991 | |
| 965 | 1,798 | 9,696 | 20,263 | |
| 14,969 | 12,228 | 17,659 | 32,109 | |
| 6,374 | 2,822 | 5,339 | 16,003 | |
| 1.88 | 0.81 | 1.53 | 4.60 | |
| 26.4% | 26.7% | 33.5% | 32.0% | |
| 0.4% | 0.8% | 3.4% | 6.0% | |
| 2.9% | 1.2% | 1.9% | 4.7% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 569,200 | 590,019 | 680,832 | 761,856 |
| Cash | 14,491 | 17,189 | 3,903 | 14,355 |
| Total debt | 54,535 | 88,565 | 90,146 | 81,870 |
| Total liabilities | 325,418 | 345,633 | 433,610 | 500,390 |
| 243,783 | 244,387 | 247,222 | 261,466 | |
| 3,482 | 3,482 | 3,490 | 3,479 | |
| 3.1% | 2.2% | 3.3% | 6.3% | |
| 2.6% | 1.2% | 2.2% | 6.1% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -7,407 | -37,129 | 21,925 | 58,374 | |
| 1,884 | 2,325 | 3,044 | 5,890 | |
| -9,291 | -39,454 | 18,881 | 52,483 | |
| Dividends paid | 1,392 | 1,395 | 874 | 1,746 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 94.9×
- –
- 2.73
- 4.9×
- 4.5×
- 28.9×
- 49.4×
- 3.5%
- 1.1%
- 0.1%
Profitability
- 32.0%
- 6.0%
- 4.7%
- –
- 6.3%
- 3.7%
- –
- –
- –
- –
Growth
- +15.1%
- +34.8%
- –
- –
- −0.0%
Financial health
- 2.1×
- 0.31
- –
- 3.8×
- 1.59
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 35%of 984
Bottom 32%of 987
Bottom 5%of 875
Top 20%of 988
Bottom 46%of 987
0.1%of the share price, paid each year
On $1,000 invested$1a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
10.9% of its profit
Room to growStretchedMore than it earns: 3.3%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
35No pass
Benjamin Graham
35No pass
Philip Fisher
44No pass
Peter Lynch
56No pass
Joel Greenblatt
3No pass
Charlie Munger
25No pass
Terry Smith
25No pass
Questions about Bharat Heavy Electricals
Is Bharat Heavy Electricals a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Bharat Heavy Electricals AI analysis
What does Bharat Heavy Electricals do?
Bharat Heavy Electricals Limited operates as power plant equipment manufacturer in India and internationally. The company operates in two segments: Power and Industry. It is in Specialty Industrial Machinery, based in New Delhi, India.
Does Bharat Heavy Electricals pay a dividend?
Yes. At today's price the dividend is 0.1% a year, about 11% of its yearly profit. In 2026 it paid out ₹1.75 billion in dividends.
Is Bharat Heavy Electricals stock halal?
Yes. Bharat Heavy Electricals passes our halal screen: its business is permitted and its debt is 5% of its market value, under the 30% limit. How we check
How has Bharat Heavy Electricals stock done over the past year?
Up 58.6% over the past twelve months, to ₹436.30. It traded between ₹242.50 and ₹464.00 and is 6.0% below its high.
Who are Bharat Heavy Electricals's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Siemens Energy. The peers table on this page compares their profit, growth and price with Bharat Heavy Electricals's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.