₹433.3
+0.35% today
· 30d +6.16%
as of 2026-09-04
Price · Daily Candles
“BHEL powers ahead with triple-digit profit growth, DIIs surge as promoters trim stake.”
BHEL's recent performance shows significant momentum, with Q4 net profit soaring by 155.82% YoY to ₹1290 Cr and annual net profit nearly tripling by 199.73% YoY to ₹1600 Cr. This robust profit growth is supported by a 36.88% YoY increase in quarterly revenue to ₹12310 Cr. Despite this, its TTM PE of 87.57 suggests a stretched valuation compared to peers.
BULL CASE
+Quarterly net profit surged by 155.82% YoY to ₹1290 Cr, indicating strong operational leverage.
+Annual net profit nearly tripled, growing by 199.73% YoY to ₹1600 Cr for the period ending March 2026.
+DIIs significantly increased their stake by 4.28% QoQ, holding 23.98% as of March 2026.
+BHEL's operating profit expanded by 103.5% YoY in Q4 2026, reaching ₹1996 Cr.
BEAR CASE
−The stock trades at a high TTM PE of 87.57, significantly above the sector median.
−Promoter shareholding decreased by 5.0% QoQ to 58.17% in the March 2026 quarter.
−Machine learning models predict weak Free Cash Flow (FCF) growth, with a rank of 0.014 for stable 7-year FCF, indicating potential future cash generation challenges.
−ROCE stands at 9.0%, considerably lower than peer Cummins India (35.32%) and ABB (30.29%).
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹7698 Cr
+40.29% YoY
NET PROFIT
₹377 Cr
OPM
9.07%
+15.54pp YoY
EPS
₹1.08
PE 87.57
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-17.3%, h2=-15.6%, h3=-11.6% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
BHEL's valuation at a TTM PE of 87.57 is notably higher than peers like CUMMINSIND (66.47) and ABB (53.05), while its ROCE of 9.0% lags significantly behind industry leaders such as GVT&D (47.75) and SUZLON (27.83).
PEERPEROCE %
BHEL87.579.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
65
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
100
Valuation
STRETCHED
20
Growth
STRONG
77
Profitability
DECENT
58
Technicals
NEUTRAL
65
Risk
LOW
70
Key Stats
TTM PE
87.57
P/B
5.35
52W HIGH
₹446.5
OFF HIGH
-2.96%
DIV YIELD
0.34%
MKT CAP
₹150842 Cr
◉ Active Signals
MACDBullish0.9421
RSI(14)Bullish60.17
Near 52W HighBullish-2.96
Street Consensus
20 analysts₹343.85
mean target
Low ₹140.0Now ₹433.3High ₹460.0
⧉ Strategy Fit 🔒