Bharat Heavy Electricals' Q2 FY 2026-27 Quarterly Results

Result Summary

• Bharat Heavy Electricals Ltd reported a 20.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 24.3%.
• Its expenses for the quarter were up by 14.4% QoQ and 17.8% YoY.
• The net profit increased 117.9% QoQ and increased 119.0% YoY.
• The earnings per share (EPS) of Bharat Heavy Electricals Ltd stood at 2.36 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bharat Heavy Electricals Ltd (BHEL) is a prominent engineering and manufacturing company in India, primarily engaged in the production of power and industrial systems. BHEL operates in the heavy electrical equipment industry, offering a broad range of products and services, including power generation equipment, transmission, transportation, and renewable energy solutions. The company has a significant presence in the domestic market and contributes to the infrastructure development of the country. Recent developments in the industry include a focus on renewable energy solutions and upgrades in power infrastructure, aligning with global trends toward sustainable energy production.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), Bharat Heavy Electricals Ltd reported a total income of ₹9553.01 crores, marking a notable increase of 20.7% from the previous quarter (Q1FY27) wherein the income was ₹7911.86 crores. Furthermore, comparing year-over-year (YoY) performance, the total income rose by 24.3% from ₹7686.41 crores in the same quarter of the previous fiscal year (Q2FY26). This growth in revenue reflects the company's strong performance in the current fiscal period.

Profitability

BHEL's profitability metrics demonstrate substantial growth in Q2FY27. The company achieved a profit before tax of ₹1070.61 crores, which represents a 115.7% increase compared to the previous quarter's profit before tax of ₹496.24 crores. Year-over-year, there was a 120.8% rise from ₹484.87 crores in Q2FY26. The profit after tax for Q2FY27 reached ₹820.94 crores, a 117.9% increase from ₹376.71 crores in Q1FY27, and a 119.0% increase from ₹374.89 crores in Q2FY26. These figures indicate strong profitability improvements for the company across both quarterly and yearly comparisons.

Operating Metrics

The operating metrics for Q2FY27 show significant advancements. Total expenses amounted to ₹8482.40 crores, an increase of 14.4% from ₹7415.62 crores in Q1FY27 and a 17.8% rise from ₹7201.54 crores in Q2FY26. The earnings per share (EPS) for the quarter stood at ₹2.36, a considerable increase of 118.5% from both the previous quarter and the same quarter last year, where the EPS was ₹1.08. These metrics highlight the company's operational efficiency and effectiveness over the analyzed periods.