Bharat Heavy Electricals revenue and financials
₹429.00Change from previous close: +1.90%Absolute change: +₹8.00
In the fiscal year ended March 2026, Bharat Heavy Electricals reported revenue of ₹323.6B (+18.30% year over year). Net income was ₹16B, a net margin of 4.9%.
Fiscal year ending in March. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +18.30%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- +199.73%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 4.9%
- FY to Mar 2025: 2.0%
Financial data
Amounts in millions of INR; per-share values in INR; shares in millions.
| Item | FY to Mar 2026 | FY to Mar 2025 | FY to Mar 2024 | FY to Mar 2023 |
|---|---|---|---|---|
| Total revenue | 323,598 | 273,552 | 229,205 | 221,363 |
| Cost of revenue | 229,831 | 188,452 | 168,071 | 163,007 |
| Gross profit | 93,767 | 85,100 | 61,134 | 58,356 |
| Selling, general and administrative | 5,894 | 5,137 | 3,979 | 4,089 |
| Research and development | 363 | 273 | 234 | 243 |
| Operating income | 16,028 | 8,081 | 1,798 | 965 |
| EBIT | 28,943 | 14,939 | 9,739 | 12,366 |
| EBITDA | 32,102 | 17,658 | 12,228 | 14,969 |
| Interest expense | 7,557 | 7,483 | 7,313 | 5,209 |
| Pre-tax income | 21,386 | 7,456 | 2,427 | 7,156 |
| Income tax | 5,384 | 2,117 | -396 | 615 |
| Net income | 16,003 | 5,339 | 2,822 | 6,374 |
| Net income to common shareholders | 16,003 | 5,339 | 2,822 | 6,374 |
| Basic EPS | 4.60 | 1.53 | 0.81 | 1.88 |
| Diluted EPS | 4.60 | 1.53 | 0.81 | 1.88 |
| Average shares (basic) | 3,482 | 3,482 | 3,482 | 3,482 |
| Average shares (diluted) | 3,482 | 3,482 | 3,482 | 3,482 |