BH

Bharat Heavy Electricals Ltd

Q3 FY23Electrical Equipment

Bharat Heavy Electricals Q3 FY23: Revenue ₹5,263 Cr, PAT ₹31 Cr

Q3 FY23 investor presentation: what the company reported on revenue, margins and projects.

Price₹415
Market cap₹1.5L Cr
P/E63.0
Updated24 Sept 2026
Read4 min read

Based on Bharat Heavy Electricals Ltd's Q3 FY23 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 Q3 FY23: Rs 5,263 crore, up from Rs 5,136 crore in Q3 FY22. EBITDA for Q3 FY23: Rs 243 crore, up from Rs 180 crore in Q3 FY22.

From Bharat Heavy Electricals Ltd's Q3 FY23 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Revenue from Operations for Q3 FY23: Rs 5,263 crore, up from Rs 5,136 crore in Q3 FY22.
  • Turnover for Q3 FY23: Rs 4,939 crore, slightly up from Rs 4,919 crore in Q3 FY22.
  • No explicit volumes or sales quantity figures reported in the presentation.

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

The presentation does not explicitly mention any specific capex amounts, capacity expansion figures, or new plants/projects with associated timelines. It mainly highlights: - Synchronization and full load achievement of power units at existing projects (e.g., North Karanpura Thermal Power Project, Maitree STPP Bangladesh). - Completion of commissioning of a 100 MW Raghanesda Solar Photovoltaic Plant. - Technology license agreement with Sumitomo SHI FW, Finland, for CFBC boilers enhancing product capabilities.

2 more points management made on capital expenditure plans

Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

5x potential
1Waaree Energies
Rev 1Mar 1
2MTAR Technologie
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
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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

  • Order Book (including taxes) as of Q3FY23: Rs 17,839 Crore (Received up to Q3FY23)
  • Power: Rs 12,826 Crore
  • Industry: Rs 4,757 Crore
  • Exports: Rs 256 Crore
  • Total Outstanding Orders as on 31.12.2022: Rs 1,03,694 Crore
  • Power: Rs 86,127 Crore (83%)
  • Industry: Rs 13,009 Crore (13%)
  • Exports: Rs 4,558 Crore (4%)
  • Prominent Orders Received in Q3FY23 include:
  • Supply of TG Rotor for thermal power plant, E&M spares and R&M of Generator Rotor for hydro plants
  • Upgradation of HMI with cybersecurity features for thermal power plants
  • Supply of 112 main transformers for WAG‐9 locomotives, IGBT-based propulsion equipment, traction motors, Diesel Electric Tower Cars
  • 400/220 kV GIS Substation and 400 kV bay extension turnkey project

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 →

Others in Electrical Equipment this season

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    Q3FY23 Total Income: ₹782 million, down from ₹742 million in Q3FY22 (YoY increase of ~5.4%). Key concall takeaways from Modison Ltd's Q3 FY23 earnings call…

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Frequently Asked Questions

What were Bharat Heavy Electricals Ltd Q3 FY23 results?

Revenue from Operations for Q3 FY23: Rs 5,263 crore, up from Rs 5,136 crore in Q3 FY22. EBITDA for Q3 FY23: Rs 243 crore, up from Rs 180 crore in Q3 FY22.

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?

The presentation does not explicitly mention any specific capex amounts, capacity expansion figures, or new plants/projects with associated timelines.

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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.