BH

Bharat Heavy Electricals Ltd

Q2 FY26Electrical Equipment

Bharat Heavy Electricals Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹415
Market cap₹1.5L Cr
P/E63.0
Updated24 Sept 2026
Read3 min read

Based on Bharat Heavy Electricals Ltd's Q2 FY26 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 Q2 FY 2025-26: Rs. Q2 FY2025-26 EBITDA: Rs.

From Bharat Heavy Electricals Ltd's Q2 FY26 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

- Revenue from Operations for Q2 FY 2025-26: Rs. 7,512 crore - Revenue from Operations for Q2 FY 2024-25: Rs. 6,584 crore - Year-on-year change in revenue (Q2): Increase of Rs. 928 crore (~14.1%) No explicit outlook for revenue or volumes is stated in the presentation. The document includes a cautionary statement that actual results could differ materially due to various factors but does not provide specific forward-looking revenue or volume guidance.

Profitability & Margins

See what Bharat Heavy Electricals Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Capacity additions in Q2 FY 2025-26:
  • 800 MW Unit #1 of Yadadri Thermal Power Station (TPS), Telangana
  • 660 MW Unit #2 of Khurja Super Thermal Power Plant (STPP)* (BHEL scope: TG Package)
  • 170 MW Unit #5 of Punatsangchhu-II Hydro Electric Project (HEP), Bhutan
  • Synchronization achieved for:
  • 800 MW Unit #4 of Yadadri TPS
  • 660 MW Unit #1 of Udangudi STPP
  • 65 MW Steam Turbine Generator (STG) for Rungta Mines Ltd
  • 60 MW Unit #2 STG of Giridhan Metal Pvt. Ltd.
  • Full load commissioned for 800 MW Unit #1 of Patratu TPS
  • Commissioned 170 MW Unit #6 of Punatsangchhu-II HEP, Bhutan

2 more points management made on capital expenditure plans

Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

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2MTAR Technologie
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3
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4
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5
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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

  • Outstanding order book as on 30-09-2025: > Rs. 2,19,600 Crore
  • Power sector: Rs. 1,75,095 Crore (80%)
  • Industry including exports: Rs. 44,545 Crore (20%)
  • Order receipts (order inflow) up to Q2 FY 2025-26: > Rs. 35,000 Crore
  • Outstanding order book split (another figure mentioned):

2 more points management made on order book & pipeline

Bharat Heavy Electricals Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

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.

Full financials →

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Frequently Asked Questions

What were Bharat Heavy Electricals Ltd Q2 FY26 results?

Revenue from Operations for Q2 FY 2025-26: Rs. Q2 FY2025-26 EBITDA: Rs.

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?

Capacity additions in Q2 FY 2025-26: - 800 MW Unit #1 of Yadadri Thermal Power Station (TPS), Telangana - 660 MW Unit #2 of Khurja Super Thermal Power Plant (STPP)* (BHEL scope: TG Package) - 170 MW Unit #5 of Punatsangchhu-II Hydro Electric Project (HEP), Bhutan - Synchronization achieved for: - 800 MW Unit #4 of Yadadri TPS - 660 MW Unit #1 of Udangudi STPP - 65 MW Steam Turbine Generator (STG) for Rungta Mines Ltd - 60 MW Unit #2 STG of Giridhan Metal Pvt.

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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.