Bharat Heavy Electricals Ltd
Bharat Heavy Electricals Q2 FY24: Revenue ₹5,125 Cr, PAT ₹233 Cr
Q2 FY24 investor presentation: what the company reported on revenue, margins and projects.
Based on Bharat Heavy Electricals Ltd's Q2 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
Revenue from Operations for Q2FY24: Rs 5,125 crore, down from Rs 5,203 crore in Q2FY23. EBITDA for Q2FY24: –₹191 crore, down from –₹19 crore in Q2FY23 (worsened by ₹172 crore) - Revenue from Operations for Q2FY24: ₹5,125 crore, slightly down from ₹5,203 crore in Q2FY23 - Turnover for Q2F
From Bharat Heavy Electricals Ltd's Q2 FY24 earnings-call transcript · updated 24 Sept 2026.
Revenue & Sales Performance
- Revenue from Operations for Q2FY24: Rs 5,125 crore, down from Rs 5,203 crore in Q2FY23.
- Turnover for Q2FY24: Rs 4,945 crore, up slightly from Rs 4,928 crore in Q2FY23.
- Volume or sales quantity figures are not explicitly stated.
- Year-on-year change: Revenue from operations decreased by about 1.5%, turnover increased marginally by 0.3%.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Bharat Heavy Electricals Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- 2x800 MW Supercritical Thermal Power Project (STPP) Stage-II at Lara, Chhattisgarh, EPC basis from NTPC – order received (Q2FY24).
- Supply of main plant equipment for 2x800 MW STPP (Phase-II) at Bandhaura, Singrauli, Madhya Pradesh – order received from Mahan Energen Limited (Adani Power Limited) (Q2FY24).
- Electro-Mechanical Works for Dibang Multipurpose Project, 12x240 MW hydro in Arunachal Pradesh from NHPC Ltd – country’s largest E&M order for hydro project (Q2FY24).
- Operation started: Unit#3 of 700 MWe Kakrapar Nuclear Power Plant, Gujarat – fully operational.
- Commercial Operation Declaration (COD) of Unit#1 and synchronization of Unit#2 of 2x800 MW NTPC Telangana (Karimnagar) – BHEL scope SG Package.
2 more points management made on capital expenditure plans
Top-ranked in Electrical Equipment
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Bharat Heavy Electricals Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Order Book (as on 30th Sept 2023): Rs. 1,15,425 Crore
- Power Sector: Rs. 82,673 Cr (72%)
- Industry Sector: Rs. 27,810 Cr (24%)
- Exports: Rs. 3,942 Cr (4%)
- Prominent Orders Received in Q2FY24:
- Power Sector:
- 2x800 MW Supercritical Thermal Power Project (STPP) Stage‐II at Lara, Chhattisgarh (NTPC)
- Main plant equipment for 2x800 MW STPP (Phase II) Bandhaura, Madhya Pradesh (Mahan Energen/Adani Power)
- Electro‐Mechanical Works of Dibang Multipurpose Project, 12x240 MW Arunachal Pradesh (NHPC) — largest E&M order for hydro project in country
- International:
- Two sets of Fr 9E GT Rotors from UAE
- Two 450 kW Squirrel Cage Induction Motors from Mexico
- Q2FY24 Industry Sector Orders:
- Main Transformers: 24 nos. (7,775 kVA), 28 nos. (6,531 kVA for WAG‐9 Loco)
2 more points management made on order book & pipeline
Bharat Heavy Electricals Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹12.3K Cr, net profit ₹1.3K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Bharat Heavy Electricals Ltd's management said in earlier quarters
- Q3 FY23 earnings call analysis →
- Q1 FY25 earnings call analysis →
- Q2 FY25 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q4 FY24 earnings call →
- Q4 FY23 earnings call →
- Q4 FY22 earnings call →
- Q1 FY22 earnings call →
- Q1 FY21 earnings call →
- Q4 FY20 earnings call →
- Q3 FY20 earnings call →
- Q2 FY20 earnings call →
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Frequently Asked Questions
What were Bharat Heavy Electricals Ltd Q2 FY24 results?
Revenue from Operations for Q2FY24: Rs 5,125 crore, down from Rs 5,203 crore in Q2FY23. EBITDA for Q2FY24: –₹191 crore, down from –₹19 crore in Q2FY23 (worsened by ₹172 crore) - Revenue from Operations for Q2FY24: ₹5,125 crore, slightly down from ₹5,203 crore in Q2FY23 - Turnover for Q2F
What is Bharat Heavy Electricals Ltd share price analysis?
Bharat Heavy Electricals Ltd currently shows a neutral. The stock trades at a P/E of 63.0 with a market cap of ₹153,176 Cr. Investors should review the full earnings analysis for detailed insights.
Is Bharat Heavy Electricals Ltd planning capital expenditure?
2x800 MW Supercritical Thermal Power Project (STPP) Stage-II at Lara, Chhattisgarh, EPC basis from NTPC – order received (Q2FY24). - Supply of main plant equipment for 2x800 MW STPP (Phase-II) at Bandhaura, Singrauli, Madhya Pradesh – order received from Mahan Energen Limited (Adani Power Limited) (Q2FY24). - Electro-Mechanical Works for Dibang Multipurpose Project, 12x240 MW hydro in Arunachal Pradesh from NHPC Ltd – country’s largest E&M order for hydro project (Q2FY24). - Operation started: Unit#3 of 700 MWe Kakrapar Nuclear Power Plant, Gujarat – fully operational. - Commercial Operation Declaration (COD) of Unit#1 and synchronization of Unit#2 of 2x800 MW NTPC Telangana (Karimnagar) – BHEL scope SG Package. - Commissioned 3 Solar Compact Stations (SCS), Mauritius – part of 8 MWac Solar PV Farm funded by Govt.
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.