BHEL428.20

Bharat Heavy Electricals Ltd.

· Capital Goods & Defence
₹ CrorePeersLTTHERMAXSUZLONASHOKLEYAPLAPOLLOPOLYCABGVT&DPOWERINDIAMcap ₹1.49L Cr
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In ₹ Crore except Per Share
12 Months Ending
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Last 12M
30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation248.9272.0315.9
+ Finance Costs731.3748.3756.4
+ Interest Income-493.8-402.6-739.9
+ Dividend Income0.00.00.7
+ Unrealised FX (Gain) / Loss56.0-17.0-433.5
+ Other Non-cash Items-15.6-9.0-9.7
+ Other — Cash Effects are Investing / Financing-7.8-18.0-13.1
Changes in Working Capital
+ Inventories-503.0-2,632.5-3,401.5
+ Trade Receivables — Current-2,055.8-1,335.2-470.9
+ Trade Receivables — Non-current-413.5332.3-67.7
+ Other Financial Assets — Current53.460.931.4
+ Other Financial Assets — Non-current63.4509.9-457.2
+ Other Current Assets-4,352.9-4,084.11,249.2
+ Other Non-current Assets3,481.6104.0-333.1
+ Trade Payables — Current-1,189.4968.91,009.6
+ Trade Payables — Non-current226.8-122.0-827.4
+ Other Financial Liabilities — Current13.4-247.572.1
+ Other Financial Liabilities — Non-current70.214.9-11.8
+ Other Current Liabilities104.72,713.33,783.0
+ Other Non-current Liabilities1,056.55,446.63,507.9
+ Provisions — Current-478.4-503.0103.6
+ Provisions — Non-current-709.8-376.2-314.6
Cash from Operating Activities
Profit Before Tax (per I/S)178.7686.62,077.63,195.5
+ Total Adjustments (incl. Working Capital)-4,113.81,424.03,749.4
Cash from Operations (pre-tax)-3,935.12,110.65,827.0
+ Income Taxes Paid-222.2-81.3-10.4
Cash from Operating Activities-3,712.92,191.95,837.4
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)232.5281.5589.0
+ Disp of Fixed Assets8.913.513.0
+ Disp of Investment Property0.85.80.0
+ Acq of Interests in Joint Ventures0.00.04.9
+ Government Grants Received0.00.06.1
+ Dividends Received — Investing41.738.138.1
+ Interest Received — Investing399.3371.7649.4
+ Other Inflows / (Outflows) — Investing1,112.7-2,878.4-3,148.1
Cash from Investing Activities1,330.9-2,730.9-3,035.4
Cash from Financing Activities
+ Proceeds from Borrowings3,423.0-13.0-845.0
+ Repayment of Borrowings39.10.00.0
+ Payment of Lease Liabilities0.055.477.0
+ Interest Paid588.8701.0709.1
+ Dividends Paid139.587.4174.6
Cash from Financing Activities2,655.7-856.8-1,805.7
Net Changes in Cash (pre-FX)273.7-1,395.8996.2
Net Changes in Cash273.7-1,395.8996.2
Closing Cash1,835.0
Reference Items
EBITDA612.61,241.62,342.23,383.2
EBITDA Margin %2.564.386.939.40
Free Cash Flow (CFO − Capex)-3,945.41,910.45,248.35,248.3
Free Cash Flow to Equity1,367.53,711.6
Free Cash Flow per Basic Share-11.335.4915.0715.07
Price to Free Cash Flow28.41
Cash Flow to Net Income-13.164.113.65
Cash Paid for Taxes-222.2-81.3-10.4
Cash Paid for Interest588.8701.0709.1
As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreementXBRL cross-verified ✓ 95%.