Bharat Heavy Electricals revenue and financials
₹453.05Change from previous close: +0.23%Absolute change: +₹1.05
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|
| Total revenue | 76,977 | 123,104 | 84,731 | 54,869 | 89,934 |
| Cost of revenue | 52,967 | 80,206 | 58,624 | 38,865 | 59,533 |
| Gross profit | 24,010 | 42,897 | 26,107 | 16,004 | 30,401 |
| Operating income | 4,220 | 16,652 | 4,673 | -6,117 | 7,467 |
| EBIT | 6,476 | 19,251 | 7,023 | -4,268 | 9,059 |
| EBITDA | 7,295 | 20,130 | 7,803 | -3,523 | 9,909 |
| Interest expense | 1,399 | 1,975 | 1,825 | 1,812 | 2,014 |
| Pre-tax income | 5,077 | 17,276 | 5,198 | -6,080 | 7,044 |
| Income tax | 1,310 | 4,371 | 1,294 | -1,525 | 2,000 |
| Net income | 3,767 | 12,905 | 3,904 | -4,555 | 5,045 |
| Net income to common shareholders | 3,767 | 12,905 | 3,904 | -4,555 | 5,045 |
| Basic EPS | 1.08 | 3.71 | 1.12 | -1.31 | 1.45 |
| Diluted EPS | 1.08 | 3.71 | 1.12 | -1.31 | 1.45 |
| Average shares (basic) | 3,488 | 3,478 | 3,486 | 3,477 | 3,479 |
| Average shares (diluted) | 3,488 | 3,478 | 3,486 | 3,477 | 3,479 |