BHEL

Bharat Heavy Electricals Limited (BHEL Ltd)

Power Sector: Boilers, turbines, generators, and auxiliaries for thermal, hydro, nuclear, and gas-based plants. Industry Sector: Products for steel, cement, fertilizers, and transportation. Renewable Energy: Solar, wind, and hydro power solutions. Defense & Aerospace: Electrical propulsion, missile components, and naval systems. Financial Snapshot Revenue: Around ₹28,000 crore annually. Net Profit: Approximately ₹2,900 crore (recent period). Earnings Per Share (EPS): ~₹0.8. Debt: Moderate, with manageable levels but high working capital requirements. Valuation: Currently trades at a high P/E due to strong market sentiment despite low earnings. Recent Highlights Received multiple new orders in the thermal and renewable sectors. Expanding presence in solar energy and defence manufacturing. Facing GST-related notices worth over ₹500 crore for past financial years. Ongoing efforts to modernize manufacturing facilities and improve project execution timelines.