Bharat Heavy Electricals Financial Results
- Market cap
- ₹1.56 lakh crore
- P/E
- 64.2
- P/B
- 5.97
- ROE
- 6.3%
- Dividend yield
- 0.31%
For the year ended Mar 2019, Bharat Heavy Electricals reported revenue of ₹30,349 crore and net profit of ₹1,215 crore, against ₹21,490 crore and -₹1,468 crore a year earlier.
Bharat Heavy Electricals annual profit and loss
Financial years, newest first. TTM = trailing twelve months.
| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 30,349 | 21,490 | 17,309 | 21,211 | 22,136 | 22,921 | 27,355 | 32,360 | 34,571 |
| Expenses | 28,207 | 21,727 | 20,450 | 20,476 | 21,779 | 22,492 | 26,275 | 30,441 | 31,611 |
| Operating profit | 2,142 | -237 | -3,141 | 736 | 357 | 429 | 1,080 | 1,919 | 2,960 |
| Operating margin % | 7% | -1% | -18% | 3% | 2% | 2% | 4% | 6% | 9% |
| Other income | 678 | 564 | 348 | 355 | 1,140 | 794 | 686 | 1,292 | 1,332 |
| Interest | 287 | 508 | 374 | 356 | 521 | 731 | 748 | 756 | 714 |
| Depreciation | 475 | 503 | 473 | 314 | 260 | 249 | 272 | 316 | 323 |
| Profit before tax | 2,058 | -685 | -3,640 | 420 | 716 | 243 | 746 | 2,139 | 3,254 |
| Tax % | 41% | -118% | 25% | 6% | 9% | -16% | 28% | 25% | 25% |
| Net profit | 1,215 | -1,468 | -2,700 | 445 | 654 | 282 | 534 | 1,600 | 2,432 |
| EPS (₹) | 3.49 | -4.22 | -7.75 | 1.28 | 1.83 | 0.81 | 1.53 | 4.60 | 6.99 |
| Dividend payout % | — | — | — | — | — | — | — | — | — |
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Bharat Heavy Electricals financial results — frequently asked questions
What is Bharat Heavy Electricals' annual revenue and net profit?
For the financial year ended Mar 2019, Bharat Heavy Electricals' revenue was ₹30,349 crore and net profit ₹1,215 crore; net profit rose 182.77% from -₹1,468 crore in Mar 2020.
How fast has Bharat Heavy Electricals grown over three years?
From Mar 2022 to Mar 2019, Bharat Heavy Electricals' revenue grew at a compound annual rate of 12.7% and net profit at 39.8%. Past growth does not indicate future results.
What is the EPS of Bharat Heavy Electricals?
Annual EPS for Mar 2019 was ₹3.49.
Are these figures consolidated or standalone?
They are consolidated figures as reported by the company, in ₹ crore. Trailing-twelve-month and half-year columns are labelled separately and are not counted as financial years.
Same Data For Peers
Trade Bharat Heavy Electricals With ATS
Track BHEL live and place orders from the Pocket app or the Pocket Web terminal with an ATS trading and demat account.
Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.