BHEL Quarterly Results Analyssis Q2FY2027

Financial performance and key operating metrics (Standalone) : Operating Revenue for Q1FY27 is Rs. 9,300 Crs., 23.81% growth YoY, Total Income is Rs. 9,560 Crs., 24.26% growth YoY, Gross Profit is Rs. 3,657 Crs., 47.53% growth YoY, EBITDA is Rs. 1,286 Crs., 68.56% growth YoY, EBITDA Margin is 13.45% improved by 353 Basis points YoY, PBT Rs. 1,078 Crs. 119.05% growth YoY, PAT Rs. 810 Crs.120.2% growth YoY. On QoQ basis Op. Revenue is up by 20.82%, Total Income is up by 20.58%, Gross Profit is up by 39.02%, EBITDA is up by 74.99%, PBT is up by 110.13% and PAT is also up by 112%. Outstanding order book as on 30th Sep, 2026 219641 Cr, 17.27% Frowth YoY. H1 FY27 orders secured totalled ~Rs. 30,000 crore, including ~Rs. 4,000 crore in Q2.. Key Q2 orders included Heo and Tato-I hydro packages, 265 main traction transformers, FR6B gas turbine, green-ammonia and recycle-gas compressors. Growing order book across sectors created potential; conversion in value through disciplined execution. The structural drivers are visible: rising electricity demand, grid expansion, upsurge in rail transportation and focus on Atmanirbharta in defence.