BHEL: India Ratings revises outlook to Positive, reaffirms IND AA- long term rating
Bharat Heavy Electricals · Electrical Equipment
Key highlights
- India Ratings & Research revised BHEL's outlook from Stable to Positive in its intimation dated 30-03-2026
- Long Term Rating reaffirmed at IND AA- with Positive outlook
- Total bank loan facilities of Rs 80000 Crores rated IND A1+ (short term); basis is performance up to Q3 FY 2025-26
Why it's rated notable: the amount is 212% of annual revenue (50% or more)
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Credit Rating
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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More from Bharat Heavy Electricals
- Order winNotableBHEL receives order from Power Grid for synchronous condensers at Barmer-II HVDC
- Order winMajor developmentBHEL receives orders from Adani Power for 4 projects of 2x800 MW each
- Acquisition / mergerNotableBharat Heavy Electricals Ltd approves ₹500 Cr investment, merges units
- Order winMajor developmentBHEL receives Notification of Award from MUNPL for 3x800 MW Meja STPP Stage-II EPC package
- Order winNotableBHEL signs ₹2000-2500 Cr contract with Dangote for 8 Gas Turbine Generators
Other credit rating filings this fortnight
- Zeal Aqua bank loan ratings cut to IVR BB+/Negative, moved to Issuer Not Cooperating
- Juniper Green Energy Q2 FY27: total income ₹371.64 Cr, up 132%; PAT ₹53.56 Cr
- Mangalam Global: Infomerics rates loans Rs. 248.45 Crore IVR BBB/Negative, Issuer Not Cooperating
- Shree Refrigerations Limited H1 FY27 Net Profit Up 360.9%; CARE Upgrades Rating
- IDBI Bank's long-term rating placed on Watch with Developing Implications by ICRA
- Archean Chemical's Rs.1531 crore bank facilities downgraded by CRISIL to A-/Stable
Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.