Results - Announcements
Bharat Heavy Electricals Ltd share price ticked higher by 4.86% to Rs 463.5 after the company's net profit surged by 117.92% to Rs 820.94 crore, while revenue from operations increased sharply by 20.82% to Rs 9300.35 crore in Q3FY26 over Q2FY26.
The market capitalization of Heavy Electrical Equipment industry group stocks on BSE stood at Rs 12.77 lakh crore, declining 3.87%. It has marginally improved by 2.35% over last one week and softened by 1.89% in last one month while the market capitalization of Bharat Heavy Electricals Ltd has inched up 7.67% and 9.86% in the same period respectively.
Profit before tax (PBT) of Bharat Heavy Electricals Ltd stood at Rs 1089.07 crore in Q3 FY26, jumping 118.15% year-on-year, and expanding by 114.51% quarter-on-quarter. EBITDA came in at Rs 773 crore, surging by 90.28% YoY and rallying 166.86% sequentially.
Total expenses increased by 14.87% to Rs 8357.63 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 6958.44 crore, rising 19.17% YoY, while employee benefits expense was at Rs 1652.14 crore, improving by 9.68% YoY.
For the TTM ended FY26, revenue from operations grew 19.21% to Rs 33782.18 crore, while net profit jumped 199.73% to Rs 1600.26 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 81917% to Rs 1534.54 crore, and PBT surged 186.83% to Rs 2138.61 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 5837.38 crore in FY26, as against Rs 2191.89 crore in FY25.
Bharat Heavy Electricals Ltd soared by 99.70% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 11.27% during the same period.