BHEL’s revenue rises 18% to ₹32,350 crore; order book swells to ₹2.4 lakh crore on strong power demand

Two major factors why BHEL shares are up 5% on Thursday — Explained


State-run engineering major Bharat Heavy Electricals Ltd (BHEL) reported a provisional and unaudited turnover of around ₹32,350 crore for FY 2025–26, marking an 18% year-on-year growth.

The company also recorded robust order inflows of approximately ₹75,000 crore during the year, taking its total outstanding order book to about ₹2.4 lakh crore at the end of FY26, according to an exchange filing.

BHEL’s core power segment remained the primary growth driver, with order wins of around ₹59,000 crore, underscoring its strong market position in the sector.

Meanwhile, the industrial segment secured fresh orders worth roughly ₹16,000 crore across a wide range of sectors including transportation, transmission, defence, process industries and industrial equipment, reflecting a diversified business base.

On the execution front, the company commissioned or synchronised nearly 8.9 GW of power capacity during the year, highlighting steady progress in project delivery and operational efficiency.

“With healthy revenue growth, a strong order book, and a sustained execution pipeline, BHEL enters FY 2026–27 with solid momentum,” the company said in its exchange filing, adding that it remains focused on delivering high-impact infrastructure, advancing indigenisation, and enhancing stakeholder value.

Shares of Bharat Heavy Electricals Ltd ended higher on Friday, April 17, by 2.43% at ₹316.79 on the NSE.



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