BHEL share price in focus: UBS turns cautious on intensified competition for the firm, remains bullish, sees 13% upside - Check target price - Markets | Latest News Updates

Bharat Heavy Electricals Ltd’s shares remained in focus after UBS revised its stance on the stock, downgrading it to ‘Neutral’ while raising the target price to Rs 460, implying a potential upside of nearly 13 per cent from current levels. The brokerage cited a strong and visible order book providing long-term revenue visibility, but flagged rising competition and a largely priced-in growth outlook following the stock’s sharp outperformance over the past year.

PSU Bharat Heavy Electricals Ltd (BHEL) reported a 155 per cent year-on-year growth in its consolidated net profit to Rs 1,290.47 crore for the January-March quarter of the financial year 2025-26. The net profit is attributable to the owners of the company. The company’s revenue from operations increased 36.9 per cent YoY to come in at Rs 12,310 crore in Q4 FY26 from the same quarter of the last year. In Q4FY25, BHEL’s revenue from operations stood at Rs 8,993 crore.

BHEL’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) came in at Rs 1,754 crore in the fourth quarter of FY26 against Rs 832 crore in Q4 FY25, an increase of 111 per cent year-on-year. EBITDA margin improved to 14.2 per cent in Q4 FY26 from 9.2 per cent in the year-ago period.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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