Information to Stock exchange on BHEL's Credit Rating Upgrade by M/s CARE Ratings Limited
BHEL receives Limited Notice to Proceed (LNTP) from DVC 1x800 MW Durgapur (Main plant package)
BHEL has received a Notification of Award from Meja Urja Nigam Pvt. Ltd. (MUNPL)
BHEL signs contract agreement with M/s Dangote Petroleum Petrochemicals Free Zone Enterprise, Nigeria
Newspaper Publication
Completion of tenure of Shri Ramesh Patlya Mawaskar, Independent Director from the Board of BHEL
As per attachment
BHEL Secretarial Compliance Report for FY 2025-26
Published Financial Results for the quarter & year ended 31.03.2026
BHEL Q4 FY 2025-26 Results Supplementary Information
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 5,003.43 | 5,125.29 | 5,503.81 | 8,260.25 | 5,484.92 | 6,584.10 | 7,277.09 | 8,993.37 | 5,486.91 | 7,511.80 | 8,473.10 | 12,310.37 |
| YOY Revenue Growth % | 7.09% | -1.49% | 4.57% | 0.4% | 9.62% | 28.46% | 32.22% | 8.88% | 0.04% | 14.09% | 16.44% | 36.88% |
| Other Income | 122.10 | 196.75 | 104.15 | 164.92 | 109.95 | 118.41 | 116.24 | 158.79 | 185.44 | 181.75 | 227.08 | 252.12 |
| Total Income | 5,125.53 | 5,322.04 | 5,607.96 | 8,425.17 | 5,594.87 | 6,702.51 | 7,393.33 | 9,152.16 | 5,672.35 | 7,693.55 | 8,700.18 | 12,562.49 |
| Total Expenses + | 5,595.47 | 5,753.32 | 5,816.87 | 7,794.11 | 5,874.98 | 6,570.57 | 7,224.51 | 8,448.14 | 6,279.78 | 7,201.54 | 8,188.26 | 10,842.69 |
| Cost of Materials Consumed | 3,316.63 | 3,974.35 | 3,939.48 | 5,755.48 | 3,725.08 | 4,788.68 | 4,894.91 | 6,978.80 | 4,127.98 | 5,741.38 | 6,058.80 | 8,346.12 |
| Employee Benefit Expense | 1,420.04 | 1,282.11 | 1,442.01 | 1,484.68 | 1,434.86 | 1,467.17 | 1,482.03 | 1,539.36 | 1,462.46 | 1,479.97 | 1,530.71 | 1,994.48 |
| Other Expenses | 486.81 | 604.34 | 183.26 | 527.13 | 341.84 | 411.80 | 906.64 | 669.06 | 675.05 | 237.39 | 534.69 | 542.15 |
| Operating Profit | -592.04 | -628.03 | -313.06 | 466.14 | -390.06 | 13.53 | 52.58 | 545.23 | -792.87 | 310.26 | 284.84 | 1,467.68 |
| OPM % | -11.8% | -12.3% | -5.7% | 5.6% | -7.1% | 0.2% | 0.7% | 6.1% | -14.5% | 4.1% | 3.4% | 11.9% |
| Profit Before Tax + | -469.94 | -431.28 | -208.91 | 631.06 | -280.11 | 131.94 | 168.82 | 704.02 | -607.43 | 492.01 | 511.92 | 1,719.80 |
| Tax Expense | -118.27 | -197.87 | -46.14 | 146.70 | -67.59 | 35.27 | 44.05 | 199.97 | -152.54 | 124.34 | 129.43 | 437.12 |
| Tax % | - | - | - | 23.2% | - | 26.7% | 26.1% | 28.4% | - | 25.3% | 25.3% | 25.4% |
| Profit After Tax | -351.67 | -233.41 | -162.77 | 484.36 | -212.52 | 96.67 | 124.77 | 504.05 | -454.89 | 367.67 | 382.49 | 1,282.68 |
| EPS (Basic) | -1.01 | -0.67 | -0.47 | 1.39 | -0.61 | 0.28 | 0.36 | 1.45 | -1.31 | 1.06 | 1.10 | 3.68 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 33,782.18 | 28,339.48 | 23,892.78 | 23,364.94 | 21,211.09 | 17,308.44 | 21,486.06 |
| YOY Revenue Growth % | 19.21% | 18.61% | 2.26% | 10.15% | 22.55% | -19.44% | - |
| Other Income | 846.39 | 503.39 | 587.92 | 514.81 | 367.81 | 369.84 | 580.58 |
| Total Income | 34,628.57 | 28,842.87 | 24,480.70 | 23,879.75 | 21,578.90 | 17,678.28 | 22,066.64 |
| Total Expenses + | 32,512.27 | 28,118.20 | 24,260.37 | 23,430.15 | 21,141.95 | 21,289.88 | 22,734.47 |
| Cost of Materials Consumed | 24,274.28 | 20,387.47 | 17,243.85 | 15,953.69 | 9,848.24 | 11,071.03 | 14,727.09 |
| Employee Benefit Expense | 6,467.62 | 5,923.42 | 5,628.84 | 5,700.63 | 5,516.84 | 5,372.26 | 5,403.47 |
| Other Expenses | 1,989.28 | 2,329.34 | 844.23 | 1,051.21 | 433.93 | 3,489.59 | 2,603.91 |
| Operating Profit | 1,269.91 | 221.28 | -367.59 | -65.21 | 69.14 | -3,981.44 | -1,248.41 |
| OPM % | 3.8% | 0.8% | -1.5% | -0.3% | 0.3% | -23% | -5.8% |
| Profit Before Exceptional | 2,116.30 | 724.67 | 220.33 | 449.60 | 436.95 | -3,611.60 | -662.11 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 2,116.30 | 724.67 | 220.33 | 449.60 | 436.95 | -3,611.60 | -662.11 |
| Tax Expense | 538.35 | 211.70 | -39.56 | 2.05 | 26.71 | -894.46 | 810.86 |
| Tax % | 25.4% | 29.2% | -18% | 0.5% | 6.1% | - | - |
| Profit After Tax | 1,577.95 | 512.97 | 259.89 | 447.55 | 410.24 | -2,717.14 | -1,472.97 |
| EPS (Basic) | 4.53 | 1.47 | 0.75 | 1.29 | 1.18 | -7.80 | -4.23 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 25,104.78 | 25,719.55 | 24,871.74 | 29,721.63 | 28,846.34 | 27,367.22 | 0.00 |
| Property, Plant & Equipment | 2,933.28 | 2,862.46 | 2,510.69 | 2,408.74 | 2,336.34 | 2,426.16 | 0.00 |
| Capital Work in Progress | 399.20 | 161.70 | 282.32 | 344.59 | 422.32 | 403.21 | 0.00 |
| Non-Current Investments | 676.58 | 671.71 | 667.60 | 669.54 | 669.71 | 670.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 64.73 | 84.27 | 63.35 | 67.24 | 62.12 | 62.16 | 0.00 |
| Current Assets + | 51,455.35 | 42,759.77 | 34,545.69 | 30,082.28 | 27,861.98 | 28,334.02 | 0.00 |
| Inventories | 13,334.58 | 9,869.49 | 7,220.57 | 6,755.90 | 6,560.21 | 7,191.23 | 0.00 |
| Trade Receivables | 6,796.27 | 5,884.35 | 4,785.38 | 3,128.35 | 3,024.75 | 4,033.63 | 0.00 |
| Cash and Cash Equivalents | 1,435.45 | 439.21 | 1,835.04 | 1,560.52 | 732.62 | 1,527.18 | 0.00 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 26,516.49 | 25,113.01 | 24,850.59 | 27,262.16 | 26,971.16 | 26,484.05 | 0.00 |
| Equity Share Capital | 696.41 | 696.41 | 696.41 | 696.41 | 696.41 | 696.41 | 0.00 |
| Other Equity | 25,820.08 | 24,416.60 | 24,154.18 | 26,565.75 | 26,274.75 | 25,787.64 | 0.00 |
| Non-Current Liabilities | 17,736.83 | 15,135.43 | 9,234.04 | 9,190.31 | 8,366.01 | 8,895.53 | 0.00 |
| Current Liabilities | 32,306.81 | 28,230.88 | 25,332.80 | 23,351.44 | 21,371.15 | 20,321.66 | 0.00 |
| Total Liabilities | 50,043.64 | 43,366.31 | 34,566.84 | 32,541.75 | 29,737.16 | 29,217.19 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 5,837.38 | 2,191.89 | -3,712.90 | -741.52 | 660.27 | 0.00 | 0.00 |
| Cash from Investing Activities | -3,035.41 | -2,730.91 | 1,330.86 | 1,480.46 | -1,125.33 | 0.00 | 0.00 |
| Cash from Financing Activities | -1,805.73 | -856.81 | 2,655.74 | 88.96 | -329.50 | 0.00 | 0.00 |
| Net Increase/Decrease in Cash | 996.24 | -1,395.83 | 273.70 | 827.90 | -794.56 | 0.00 | 0.00 |