Announced Mon, 4 May · 11:26 IST

As per attachment

Pat Growth 25pctEbitda Margin ExpansionRevenue Growth 20pctResults View source PDF

BHEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+6.6%1-day move
₹352.40
prior close
₹382.90
base price
In-mkt
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AI summary

BHEL has reported strong audited financial results for FY2026 with standalone revenue from operations at Rs 33,782 crore, up 19% from Rs 28,339 crore in FY2025. Standalone PAT surged to Rs 1,578 crore from Rs 513 crore in the previous year - a 208% jump driven by higher revenues and improved operating margins. The operating profit ratio improved from 4.38% to 6.93%, while net profit ratio doubled from 1.81% to 4.67%. Q4 FY26 alone saw revenue of Rs 12,310 crore and PAT of Rs 1,283 crore. The Board has recommended a final dividend of Rs 1.40 per share (70% on face value). The Power segment (Rs 25,407 crore) continued to dominate revenue, while the Industry segment contributed Rs 8,375 crore. Auditors issued unmodified (clean) opinions on both standalone and consolidated financials. Notably, the company has only one Independent Director currently, preventing a proper Audit Committee quorum.

Likely market impact

The sharp jump in profitability and improved margins are positive signals for shareholders. The company declared its first dividend after several years of losses, indicating better cash generation. The clean audit opinion provides confidence in financial reporting quality, though investors should monitor the Sudan receivables situation (Rs 196 crore) and pending labour code implementation impacts.