Bharat Heavy Electricals Limited has informed the Exchange about General Updates

Pat NegativeEbitda Margin CompressionResults View source PDF Explain this filing

BHEL · price

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

Price reactionminutes from the announcement price · days from the prior close

-4.6%Reaction day

₹239.25

prior close

₹231.85

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.3%-4.9% vs market

Heavy Electrical Equipment peers, median of 28sector-0.6%-4.1% vs sector

On the reaction day the stock moved 4.9 pts less than Nifty Midcap 150 and 4.1 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

-0.5

15m

-1.2

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.6+0.3-4.9-0.6-4.1

Next day

-6.8-1.2-5.6-2.0-4.7

-7.5-0.5-6.9-1.3-6.2

-6.9-0.8-6.2-2.0-4.9

-6.4-0.1-6.3-0.8-5.6

-7.3-0.4-6.9-1.6-5.7

-8.1+1.8-9.9-0.5-7.6

15d

-11.1+0.1-11.2-0.5-10.6

-9.5+0.7-10.3+0.2-9.8

+2.6+2.6+0.1+0.8+1.8

+10.5+4.4+6.1-3.7+14.2

UpDownMarket · Nifty Midcap 150Sector · Heavy Electrical Equipment peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

BHEL shared supplementary details for its Q1 FY 2025-26 results. Revenue from operations was nearly flat at Rs. 5,487 crore versus Rs. 5,485 crore in Q1 FY25. However, the company swung to a deeper loss, with EBITDA at negative Rs. 352 crore (vs negative Rs. 59 crore), Profit Before Tax at negative Rs. 607 crore (vs negative Rs. 280 crore), and Profit After Tax at negative Rs. 455 crore (vs negative Rs. 213 crore). The order book remains strong at Rs. 2,04,375 crore, with Rs. 13,445 crore in new orders secured during the quarter. Notable wins include a 6,000 MW HVDC terminal project, transformers and traction equipment for Indian Railways, and a first major order from New Space India Ltd (ISRO's commercial arm). BHEL highlighted operational milestones including commissioning of power units and expansion into 92 countries globally.

Likely market impact

Despite a robust Rs. 2.04 lakh crore order book providing revenue visibility, the widening Q1 losses are a concern for shareholders and may weigh on the stock in the short term. The weak margin performance and continued PAT negativity suggest near-term profitability challenges even as the order pipeline supports long-term growth.