Shares of a number one Maharatna PSU surged 3 p.c after the corporate secured a major Rs.11,800 crore EPC and civil contract from the Chhattisgarh Authorities. The contract includes the development of a 2×660 MW supercritical thermal energy plant at Hasdeo Thermal Energy Station, marking a serious milestone for the corporate and boosting investor confidence.
Value Motion
In Friday’s buying and selling session, Bharat Heavy Electricals Restricted’s (BHEL) share value reached an intraday excessive of Rs.221.30 per share, rising 3.5 p.c from its earlier shut of Rs.213.98 apiece. The worth has since retreated and closed at Rs.215.15 per share. Over the previous 5 years, the inventory has delivered over 1,000 p.c returns.
Contract Specs
Bharat Heavy Electricals Ltd (BHEL) has obtained a Letter of Intent (LOI) from the Chhattisgarh State Energy Era Firm Restricted (CSPGCL) on March 27, 2025, for an EPC package deal to determine a 2×660 MW Supercritical Thermal Energy Plant at Hasdeo Thermal Energy Station, situated in Korba West, Chhattisgarh.
It is a vital home contract, awarded via aggressive bidding, which includes a number of aspects of the venture. The scope consists of the availability of supercritical tools corresponding to boilers, generators, turbines, and related auxiliaries, in addition to electrical, management and instrumentation, and stability of plant packages. Moreover, the contract covers the erection and commissioning works, together with civil works.
The entire worth of the contract is roughly Rs.11,800 crores, excluding taxes and duties. The venture is predicted to be operational inside 60 months from the beginning date.
Order Ebook Particulars
As of September 30, 2024, Bharat Heavy Electricals Ltd (BHEL) has an excellent order e book valued at over Rs.1,60,000 crores. The order e book is primarily divided into three sectors: Energy, which constitutes the most important share at Rs.1,25,984 crores (79 p.c); Trade, with orders amounting to Rs.30,682 crores (19 p.c); and Export, contributing Rs.3,763 crores (2 p.c). This sturdy order e book displays BHEL’s numerous venture portfolio throughout key sectors.
Additionally learn: PSU inventory jumps after receiving ₹872 Cr order from RVNL for brand new venture
Worldwide Presence
BHEL operates in roughly 90 nations throughout six continents. In FY24, exports contributed round 3 p.c to its revenues, down from 19 p.c in FY20.
Manufacturing Capabilities
The corporate operates 16 manufacturing items, two restore items, 4 regional workplaces, eight service facilities, and 15 regional advertising and marketing facilities. It represents 53 p.c of India’s whole put in standard energy capability.
Monetary Overview
In its current monetary replace, Bharat Heavy Electricals Ltd reported consolidated income of Rs.7,277 crores for Q3 FY25, reflecting a rise of 32 p.c in comparison with Rs.5,504 crores in Q3 FY24. Equally, the corporate recorded a web revenue of Rs.135 crores, rising 125 p.c from Rs.60 crores posted throughout the identical interval final 12 months.
Ratio Evaluation
The corporate has a Return on Capital Employed (ROCE) of three.18 p.c and a Return on Fairness (ROE) of 1.84 p.c. Its Value-to-Earnings (P/E) ratio stands at 143.93, larger than the trade common of 66.41. Moreover, the corporate maintains a present ratio of two.08, a debt-to-equity ratio of 0.38, and an Earnings Per Share (EPS) of Rs.1.49.
Written by – Siddesh S Raskar
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