Bharat Heavy Electricals profit and loss

Latest FY26

Revenue: ₹33,782cr+19.2% on FY25
EBITDA: ₹2,342cr+88.6% on FY25
Net profit: ₹1,600cr+199.7% on FY25
EPS: ₹4.60+200.7% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Expenses
	37,782	33,782	28,339	23,893	23,365	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	929	808	465	546	489
	38,710	34,590	28,805	24,439	23,854
	27,203	24,274	20,387	17,244	15,954
	−2,121	−1,291	−1,542	−437	−57.2
	6,684	6,468	5,923	5,629	5,701
	645	756	748	731	521
	331	316	272	249	260
	2,189	1,989	2,329	844	1,051
	34,929	32,512	28,118	24,260	23,430
	3,828	2,342	1,242	613	717
	3,497	2,026	970	364	456
Profit
	3,781	2,078	687	179	423
	3,781	2,078	687	179	423
	1.3	3.3	23.2	−113	−111
	964	535	189	73.0	113
	966	538	212	−39.6	2.1
	62.9	61.1	59.0	64.0	56.0
	2,879	1,600	534	282	477
	2,816	1,539	475	218	421
	−37.4	−0.6	−163	−82.6	−16.7
	2,841	1,600	371	200	461
	—	—	534	282	—
Per share
	₹8.27	₹4.60	₹1.53	₹0.81	₹1.37
	₹8.27	₹4.60	₹1.53	₹0.81	₹1.37
Other comprehensive income — detail
	−37.4	−0.6	−163	—	—
	−50.0	−0.8	−218	−110	−22.3
	−12.6	−0.2	−54.9	—	—
	—	—	—	−27.8	−5.6
	—	—	371	200	461
Per share — as-filed variants
	₹8.27	₹4.60	₹1.53	₹0.81	₹1.37
	₹8.27	₹4.60	₹1.53	₹0.81	₹1.37
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	12,700	10,799	9,494	7,086	7,468
	33.6%	32.0%	33.5%	29.7%	32.0%
Adjusted (ex-exceptional items) — derived
	3,781	2,078	687	179	423
	2,879	1,600	534	282	477
	₹8.27	₹4.60	₹1.53	₹0.81	₹1.37

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

BHEL₹401.95

Bharat Heavy Electricals Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersLT THERMAX SUZLON ASHOKLEY APLAPOLLO POLYCAB GVT&D POWERINDIAMcap ₹1.40L Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Revenue from Operations	23,364.9	23,892.8	28,339.5	33,782.2	37,781.5
Other Income	488.6	546.3	465.3	807.7	928.7
Total Income	23,853.6	24,439.1	28,804.8	34,589.8	38,710.2
Expenses
+ Cost of Materials Consumed	15,953.7	17,243.9	20,387.5	24,274.3	27,202.7
+ Changes in Inventories	-57.2	-436.7	-1,542.3	-1,291.2	-2,121.5
+ Employee Benefit Expense	5,700.6	5,628.8	5,923.4	6,467.6	6,683.7
+ Finance Costs	521.4	731.3	748.3	756.4	644.6
+ Depreciation & Amortisation	260.3	248.9	272.0	315.9	330.9
+ Other Expenses	1,051.2	844.2	2,329.3	1,989.3	2,188.6
Total Expenses	23,430.2	24,260.4	28,118.2	32,512.3	34,929.0
EBITDA	716.6	612.6	1,241.6	2,342.2	3,828.1
EBIT	456.2	363.7	969.6	2,026.3	3,497.2
Profit
PBT before Exceptional Items	423.4	178.7	686.6	2,077.6	3,781.3
Pretax Income	423.4	178.7	686.6	2,077.6	3,781.3
+ Current Tax	-111.2	-112.6	23.2	3.3	1.3
+ Deferred Tax	113.3	73.0	188.5	535.0	964.4
Tax Expense	2.1	-39.6	211.7	538.4	965.7
+ Share of Associates & JVs	56.0	64.0	59.0	61.1	62.9
Net Income	477.4	282.2	533.9	1,600.3	2,878.5
+ Net Income — Continuing Ops	421.4	218.2	474.9	1,539.2	2,815.6
+ Other Comprehensive Income	-16.7	-82.6	-163.3	-0.6	-37.4
Total Comprehensive Income	460.7	199.7	370.6	1,599.7	2,841.1
Net Income to Common	—	282.2	533.9	—	—
Per Share
Basic EPS	1.37	0.81	1.53	4.60	8.27
Diluted EPS	1.37	0.81	1.53	4.60	8.27
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	-163.3	-0.6	-37.4
+ Items NOT to be Reclassified to P&L	-22.3	-110.3	-218.3	-0.8	-50.0
+ Tax on Items NOT to be Reclassified	—	—	-54.9	-0.2	-12.6
+ Tax on Items NOT to be Reclassified — alt tag	-5.6	-27.8	—	—	—
Comprehensive Income — Owners of Parent	460.7	199.7	370.6	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	1.37	0.81	1.53	4.60	8.27
Diluted EPS — Continuing Operations	1.37	0.81	1.53	4.60	8.27
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	7,468.4	7,085.7	9,494.3	10,799.1	12,700.4
Gross Margin %	31.96	29.66	33.50	31.97	33.62
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	423.4	178.7	686.6	2,077.6	3,781.3
Net Income Adj (tax-effected)	477.4	282.2	533.9	1,600.3	2,878.5
EPS Adj	1.37	0.81	1.53	4.60	8.27
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	2.00	2.00	2.00	2.00	2.00
Paid Up Equity Capital	696.4	696.4	696.4	696.4	696.4

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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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 agreement — XBRL cross-verified ✓ 95%.