Stock · BHEL · Capital Goods
BHEL share price target 2026
Support, resistance, the F&O structure and the BazaarBaazi Crack Score for BHARAT HEAVY ELECTRICALS LIMITED, refreshed every end-of-day run. A systematic, data-only read on BHARAT HEAVY ELECTRICALS LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
The verdict
BazaarBaazi reads BHEL as constructive with a Crack Score of 78/100 as of 25 Jul 2026.
BazaarBaaziSource & method
The scanner's readNear-perfect · scanned 24 Jul 2026
Where BHEL stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.
One directional side cleared its price-structure, filed-evidence and signed money-flow gates with no blocking red flag.
Technical axis
100/100Fundamental axis
100/100Money flow
61/100Result pulse · Q1 FY27
95/100Named setups in force
- stage2 uptrend
- pullback to rising MA
- RS leader
- relative value
- growth underpriced
- result winner
Technical evidence
price above 50DMA
price above 150DMA
price above 200DMA
50 > 150 > 200 DMA (clean stack)
uptrend frame (50 > 200 DMA)
50DMA rising
pulled back to a rising MA
orderly dip from highs
relative strength rising vs NIFTY
RS line near its highs (leadership)
RS slope +19.2% (3m)
outperforming and above 50DMA
Fundamental evidence
at/below own 15m P/E (0.79x)
relatively cheap (sector + history)
result score 95.0/100
earnings not shrinking
delivering more growth than priced (gap +70)
materially underpriced growth
real growth ~109%
result score 95.0/100
result score 95.0/100 (top tier)
strong filed quarter
profit up YoY
revenue up YoY
Valuation and context
P/E 59.7 vs sector median 51.0 (1.17x, 66th pctile)
P/E 0.79x its own ~15m median (75.5)
Relative valuation
P/E (TTM)
59.7P/E vs sector
+1.2%Sector percentile
66PEG
0.33Growth gap
+69.6%P/E vs own history
+0.8%The engine's trade frame
Entry zone
417.3Stop
388.1Target 1
475.7Target 2
504.8Risk / reward
7.0% risk · 2.0RScanner levels from the deterministic engine run of 2026-07-24, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q1 FY27 result.
Price target: support and resistanceComputed 25 Jul 2026
Support and resistance for BHEL are read inside the latest show; no spot was printed in the most recent editorial note.
Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.
These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the BHEL chart, refreshed every end-of-day run.
The Crack Score, and how it is built78 / 100 · High conviction
The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for BHEL, so the figure is a transparent signal rather than a vibe.
Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.
The F&O viewHorizon · swing
How the futures and options structure on BHEL reads right now.
The editorial price read on BHEL is bullish. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on BHEL can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.
Why it movedLatest editorial line
The most recent BazaarBaazi read on what is driving BHEL.
Systematic read: a disclosed, data-only model on real 1-year price structure.
Read in Systematic Read on 21 Jul 2026. Why BHEL moved, the living explainer, tracks every move on one URL.
Latest filed resultsQ1 FY27
BHARAT HEAVY ELECTRICALS LIMITED's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.
Result Pulse
95 / 100Revenue
Rs 7,698 crNet profit
Rs 377 crEPS (quarter)
Rs 1.08| Growth | YoY | QoQ |
|---|---|---|
| Revenue | +40.3% | n/a |
| Net profit | +182.7% | n/a |
| Net margin | +4.9% | |
Distorted by a prior-year base effect.
Figures are the Q1 FY27 result for BHARAT HEAVY ELECTRICALS LIMITED, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.
Earnings history, every filed quarter32 quarters on record
BHARAT HEAVY ELECTRICALS LIMITED's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.
BHEL official result trail
32 quarters
Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.
| Quarter | Revenue | EPS | PAT YoY | Pulse | Source |
|---|---|---|---|---|---|
| Q1 FY27ended 30 Jun 2026 / Consolidated, audited | Rs 7,698 cr | Rs 1.08 | +182.7% | 95/100 | Filing |
| Q4 FY26ended 31 Mar 2026 / Consolidated, audited | Rs 12,310 cr | Rs 3.71 | n/a | n/a | Filing |
| Q3 FY26ended 31 Dec 2025 / Consolidated, audited | Rs 8,473 cr | Rs 1.12 | n/a | 50/100 | Filing |
| Q2 FY26ended 30 Sep 2025 / Consolidated, audited | Rs 7,512 cr | Rs 1.08 | n/a | 60/100 | Filing |
| Q1 FY26ended 30 Jun 2025 / Consolidated, audited | Rs 5,487 cr | Rs -1.31 | n/a | 42/100 | Filing |
| Q4 FY25ended 31 Mar 2025 / Consolidated, audited | Rs 8,993 cr | Rs 1.45 | n/a | 50/100 | Filing |
| Q3 FY25ended 31 Dec 2024 / Consolidated, audited | Rs 7,277 cr | Rs 0.39 | n/a | n/a | Filing |
| Q2 FY25ended 30 Sep 2024 / Consolidated, audited | Rs 6,584 cr | Rs 0.30 | n/a | n/a | Filing |
| Q1 FY25ended 30 Jun 2024 / Consolidated, audited | Rs 5,485 cr | Rs -0.61 | n/a | n/a | Filing |
| Q4 FY24ended 31 Mar 2024 / Consolidated, audited | Rs 8,260 cr | Rs 1.41 | n/a | n/a | Filing |
| Q3 FY24ended 31 Dec 2023 / Consolidated, audited | Rs 5,504 cr | Rs -0.43 | n/a | n/a | Filing |
| Q2 FY24ended 30 Sep 2023 / Consolidated, audited | Rs 5,125 cr | Rs -0.68 | n/a | n/a | Filing |
| Q1 FY24ended 30 Jun 2023 / Consolidated, audited | Rs 5,003 cr | Rs -0.99 | n/a | n/a | Filing |
| Q4 FY23ended 31 Mar 2023 / Consolidated, audited | Rs 8,227 cr | Rs 1.75 | n/a | n/a | Filing |
| Q3 FY23ended 31 Dec 2022 / Consolidated, audited | Rs 5,263 cr | Rs 0.12 | n/a | n/a | Filing |
| Q2 FY23ended 30 Sep 2022 / Consolidated, audited | Rs 5,203 cr | Rs 0.03 | n/a | n/a | Filing |
| Q1 FY23ended 30 Jun 2022 / Consolidated, audited | Rs 4,672 cr | Rs -0.54 | n/a | n/a | Filing |
| Q4 FY22ended 31 Mar 2022 / Consolidated, audited | Rs 8,062 cr | Rs 2.62 | n/a | n/a | Filing |
| Q3 FY22ended 31 Dec 2021 / Consolidated, audited | Rs 5,136 cr | Rs 0.08 | n/a | n/a | Filing |
| Q2 FY22ended 30 Sep 2021 / Consolidated, audited | Rs 5,112 cr | Rs -0.13 | n/a | n/a | Filing |
| Q1 FY22ended 30 Jun 2021 / Consolidated, audited | Rs 2,901 cr | Rs -1.29 | n/a | n/a | Filing |
| Q4 FY21ended 31 Mar 2021 / Consolidated, audited | Rs 7,170 cr | Rs -2.97 | n/a | n/a | Filing |
| Q3 FY21ended 31 Dec 2020 / Consolidated, audited | Rs 4,451 cr | Rs -0.63 | n/a | n/a | Filing |
| Q2 FY21ended 30 Sep 2020 / Consolidated, audited | Rs 3,696 cr | Rs -1.59 | n/a | n/a | Filing |
| Q1 FY21ended 30 Jun 2020 / Consolidated, audited | Rs 1,991 cr | Rs -2.56 | n/a | n/a | Filing |
| Q4 FY20ended 31 Mar 2020 / Consolidated, audited | Rs 5,050 cr | Rs -4.40 | n/a | n/a | Filing |
| Q3 FY20ended 31 Dec 2019 / Standalone, audited | Rs 5,679 cr | Rs 0.46 | n/a | n/a | Filing |
| Q2 FY20ended 30 Sep 2019 / Consolidated, audited | Rs 6,227 cr | Rs 0.35 | n/a | n/a | Filing |
| Q1 FY20ended 30 Jun 2019 / Consolidated, audited | Rs 4,532 cr | Rs -0.63 | n/a | n/a | Filing |
| Q3 FY19ended 31 Dec 2018 / Standalone, audited | Rs 7,336 cr | Rs 0.52 | n/a | n/a | Filing |
| Q2 FY19ended 30 Sep 2018 / Standalone, audited | Rs 6,780 cr | Rs 0.50 | n/a | n/a | Filing |
| Q1 FY19ended 30 Jun 2018 / Standalone, audited | Rs 5,935 cr | Rs 0.42 | n/a | n/a | Filing |
The official financialsFiled to 31 Mar 2026
BHARAT HEAVY ELECTRICALS LIMITED's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.
Trailing twelve months, on filed quarters
Revenue (TTM)
33,782 crNet profit (TTM)
1,600 crEBIT (TTM)
2,834 crProfit before tax (TTM)
2,078 crNet margin (TTM)
4.7%Finance costs (TTM)
756 crBalance sheet, as filed 2026-03-31
Total assets
76,186 crShareholder equity
26,147 crTotal borrowings
8,187 crCash and equivalents
1,435 crInventory
13,335 crTrade receivables
6,796 crThe cash engine, latest filed year
Operating cash flow
5,837 crCapex
589 crFree cash flow
5,248 crInvesting flow
3,035 crFinancing flow
1,806 crAnnual trail, filed year over filed year
| Year | Revenue | Net profit | Equity | Borrowings | CFO |
|---|---|---|---|---|---|
| FY26 | 33,782 cr | 1,600 cr | 26,147 cr | 8,187 cr | 5,837 cr |
| FY25 | 28,339 cr | 534 cr | 24,722 cr | 9,015 cr | 2,192 cr |
| FY24 | 23,893 cr | 282 cr | 24,439 cr | 8,856 cr | -3,713 cr |
| FY23 | 23,365 cr | 477 cr | 26,828 cr | 5,454 cr | -742 cr |
| FY22 | 21,211 cr | 445 cr | 26,507 cr | 4,830 cr | 660 cr |
| FY21 | 17,309 cr | -2,700 cr | 25,972 cr | 4,951 cr | n/a |
Every figure is parsed from BHARAT HEAVY ELECTRICALS LIMITED's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.
Management on record9 earnings calls
Every BHEL earnings call BazaarBaazi has indexed, latest 31 May 2024. Read management in its own words, straight from the filed transcript.
BHARAT HEAVY ELECTRICALS LIMITED earnings calls on record
9 calls since 31 Aug 2019
Show 1 older call
Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.
What changed59 disclosures
Every recent official filing from BHARAT HEAVY ELECTRICALS LIMITED, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.
BHARAT HEAVY ELECTRICALS LIMITED has filed 59 official disclosures recently. The most recent is a Investor meet dated 21 Jul 2026.
Event Heat
49 / 100Bharat Heavy Electricals Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Board Meeting to be held on 16-Jul-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended June 2026
To consider and approve the financial results for the period ended Jun 30, 2026
Event Heat is a dated net read of BHARAT HEAVY ELECTRICALS LIMITED's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the BHEL chart. Not a substitute for a registered research note.
| Ticker | BHEL |
|---|---|
| Full name | BHARAT HEAVY ELECTRICALS LIMITED |
| Sector | Capital Goods |
| Index class | LARGE CAP |
| ISIN | INE257A01026 |
| Market-cap band | ~1.4 lakh cr (indicative) |
| Last referenced level | Inside latest show |
| Last session move | Not referenced this cycle |
| Editorial line in | Systematic Read on 21 Jul 2026 |
| Aliases tracked | BHEL |
Reference chartLevels in show
The daily frame the desk reads on BHEL.
FAQ14 reader questions · AEO-eligible
The line on BHEL, distilled and schema-marked for AI Overview, Perplexity, and reader search.
What is the BHEL share price target for 2026?
BazaarBaazi does not publish a SEBI-registered price target on BHEL. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.
What is BazaarBaazi's Crack Score for BHEL?
The BazaarBaazi Crack Score for BHEL is 78 out of 100 as of 25 Jul 2026, a high conviction reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.
What is the F&O view on BHEL?
Strike-level option inventory for BHEL is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.
What sector is BHEL in and which peers does BazaarBaazi track?
BHEL sits in Capital Goods (large cap), indicative market cap ~1.4 lakh cr (indicative), ISIN INE257A01026. The peers BazaarBaazi reads alongside it are USHA MARTIN LIMITED, AIA Engineering Limited, Premier Energies Limited. A systematic, data-only read on BHARAT HEAVY ELECTRICALS LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
How often is the BHEL view updated?
This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on BHEL is bullish, published in Systematic Read on 21 Jul 2026.
Is BHEL a qualifying setup on the BazaarBaazi scanner right now?
On the 2026-07-24 run of the 500-name BazaarBaazi setup scanner, BHARAT HEAVY ELECTRICALS LIMITED sits in the Near-perfect tier with a setup score of 94/100 (technical 100, fundamental 100). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.
Where can I read BHARAT HEAVY ELECTRICALS LIMITED's earnings call transcripts?
BazaarBaazi indexes 9 BHEL earnings calls going back to 2019-08-31, latest 2024-05-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.
What was BHARAT HEAVY ELECTRICALS LIMITED's Q1 FY27 net profit?
BHARAT HEAVY ELECTRICALS LIMITED reported a net profit of Rs 377 cr for Q1 FY27 (the quarter ended 31 March 2026). That is +182.7% year on year, a move distorted by a prior-year base effect. The figure is from the company's official NSE filing.
What was BHARAT HEAVY ELECTRICALS LIMITED's Q1 FY27 revenue?
BHARAT HEAVY ELECTRICALS LIMITED reported revenue of Rs 7,698 cr for Q1 FY27. That is +40.3% year on year. The figure is from the company's official NSE filing.
How does BazaarBaazi rate BHARAT HEAVY ELECTRICALS LIMITED's Q1 FY27 result?
BazaarBaazi gives BHARAT HEAVY ELECTRICALS LIMITED's Q1 FY27 result a Result Pulse of 95 out of 100, with a verdict of Profit acceleration. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.
What has Bharat Heavy Electricals Ltd announced recently?
Bharat Heavy Electricals Ltd's two most material recent disclosures are an investor meet dated 21 Jul 2026, "Schedule of meet", and a dividend dated 17 Jul 2026, "Dividend - Rs 1.40 Per Share". Both link to the company's own official filing on the BazaarBaazi stock page.
Has Bharat Heavy Electricals Ltd declared a dividend recently?
Yes. Bharat Heavy Electricals Ltd filed a dividend disclosure on 17 Jul 2026, filed as "Dividend - Rs 1.40 Per Share". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.
What did Bharat Heavy Electricals Ltd's latest board meeting cover?
Bharat Heavy Electricals Ltd's most recent board-meeting disclosure on record dated 16 Jul 2026 reads "Board Meeting to be held on 16-Jul-2026 to inter-alia consider and…". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.
Has Bharat Heavy Electricals Ltd's credit rating been updated recently?
Bharat Heavy Electricals Ltd filed a credit-rating disclosure on 03 Jul 2026, recorded with the exchange as "Credit Rating". The detail sits in the linked filing on the BazaarBaazi stock page. A rating action is an agency view on debt, separate from the share price.
Related stock views
The names BazaarBaazi reads alongside BHEL, each a living view refreshed every end-of-day run.