BHEL

BHEL: Order Wins Fuel Optimism Despite Valuation Concerns

New Delhi, India - Bharat Heavy Electricals Limited (BHEL), a leading public sector undertaking (PSU) in India's engineering and manufacturing sector, is currently a subject of keen interest among investors. As of Friday, June 27, 2025, BHEL's share price closed at ₹263.45 on the NSE, showing a slight decrease of 0.38% from its previous close. The stock has seen significant volatility, with a 52-week high of ₹335.35 (July 9, 2024) and a 52-week low of ₹176.00 (March 3, 2025). Key Highlights and Latest Developments: Massive Order Wins: BHEL has been on an order-winning spree, significantly boosting its order book. Adani Power Order: On June 27, 2025, BHEL announced a significant Letter of Award (LoA) from Adani Power for six thermal units of 800 MW each, valued at ₹6,500 crore. This order includes the supply of equipment (steam turbine generators and auxiliaries) and supervision of erection & commissioning. This news is expected to keep BHEL shares in focus on Monday, July 1, 2025. Previous Orders: This adds to a robust pipeline of orders secured in FY25, which saw the company's highest-ever order inflows amounting to ₹92,534 crore. Notable orders include an ₹11,800 crore project in Chhattisgarh (March 2025), a ₹7,500 crore deal (March 2025), a ₹6,700 crore order from Singareni Collieries (February 2025), and an ₹8,000 crore order from Mahagenco (February 2025). Q4 FY25 Financial Performance: Net Profit: BHEL reported a consolidated net profit of ₹504.05 crore for the quarter ended March 31, 2025, a 3% increase year-on-year (YoY) and a substantial 303% increase quarter-on-quarter (QoQ). Revenue: Total income for Q4 FY25 rose to ₹9,142.64 crore, an 8.57% increase YoY and a 23.63% increase QoQ. Full Year FY25: For the full fiscal year 2024-25, BHEL's consolidated net profit increased to ₹533.90 crore (from ₹282.22 crore in FY24), and total income advanced to ₹28,804.79 crore (from ₹24,439.05 crore in FY24).