BHEL

Engineers and manufactures heavy electrical equipment from 16 manufacturing plants in India, split into two segments. The Power segment, 75.2% of period segment revenue at Rs 25,406.71 cr, builds power-plant equipment such as turbines, 765 kV and 1200 kV transformers (ready since 2011) and undertakes EPC of thermal projects including the 3x800 MW Meja STPP, supplying utilities like POWERGRID. The Industry segment, 24.8% at Rs 8,375.47 cr, supplies equipment for nuclear, defence and rail mobility and has bagged the largest single gas turbine generator (GTG) export order on record. A strategic collaboration with thyssenkrupp nucera adds alkaline electrolyser systems for green hydrogen projects. Order book reached a record Rs 2.6 lakh cr in Q1 FY27 with quarterly inflows of Rs 26,745 cr, and Q1 FY27 revenue rose 40% year-on-year to Rs 7,698 cr. The workforce numbers 85,105 and the company serves 94 countries, though exports remain 1.35% of turnover. Materials and bought-out components are the dominant cost at 71.9% of revenue, with employees at 19.1%.