BazaarBaazi

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 82/100 as of 21 Jul 2026.
Crack Score
82/ 100
High conviction

BazaarBaaziSource & method

The scanner's readNear-perfect · scanned 21 Jul 2026

Where BHEL stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.

Near-perfect93 /100 setup score

One directional side cleared its price-structure, filed-evidence and signed money-flow gates with no blocking red flag.

Technical axis

100/100

Fundamental axis

100/100

Money flow

60/100

Result pulse · Q1 FY27

95/100

Named 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

RSI 55.3 (cooled, not broken)

relative strength rising vs NIFTY

RS slope +22.7% (3m)

outperforming and above 50DMA

Fundamental evidence

at/below own 15m P/E (0.78x)

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 59.1 vs sector median 51.6 (1.15x, 64th pctile)

P/E 0.78x its own ~15m median (75.5)

Relative valuation

P/E (TTM)

59.1

P/E vs sector

+1.2%

Sector percentile

64

PEG

0.32

Growth gap

+70.0%

P/E vs own history

+0.8%

The engine's trade frame

Entry zone

413.3

Stop

382.9

Target 1

474.1

Target 2

504.6

Risk / reward

7.4% risk · 2.0R

Scanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q1 FY27 result.

Open the full 500-name Setup Scan.

Price target: support and resistanceComputed 21 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 built82 / 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.

Editorial stanceLatest signed stance is bullish.+18
History consistency3 of the last 6 published verdicts held the same stance.0
Structure qualityNo clean spot was printed in the latest note; levels are read inside the show.0
FreshnessThe desk reviewed today.+8
Conviction horizonThe latest read is framed on a swing horizon.+6

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.

Editorial directionBullish
Horizonswing

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.

Q1 FY27 · ended 30 Jun 2026Consolidated, audited · filed with NSE on 16 Jul 2026

Result Pulse

95 / 100

Revenue

Rs 7,698 cr

Net profit

Rs 377 cr

EPS (quarter)

Rs 1.08
GrowthYoYQoQ
Revenue+40.3%n/a
Net profit+182.7%n/a
Net margin+4.9%

Distorted by a prior-year base effect.

What BazaarBaazi readsProfit acceleration
SourceOfficial NSE filing (XBRL)

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.

See every Q4 result the desk has read.

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.

QuarterRevenueEPSPAT YoYPulseSource
Q1 FY27ended 30 Jun 2026 / Consolidated, auditedRs 7,698 crRs 1.08+182.7%95/100Filing
Q4 FY26ended 31 Mar 2026 / Consolidated, auditedRs 12,310 crRs 3.71n/an/aFiling
Q3 FY26ended 31 Dec 2025 / Consolidated, auditedRs 8,473 crRs 1.12n/a50/100Filing
Q2 FY26ended 30 Sep 2025 / Consolidated, auditedRs 7,512 crRs 1.08n/a60/100Filing
Q1 FY26ended 30 Jun 2025 / Consolidated, auditedRs 5,487 crRs -1.31n/a42/100Filing
Q4 FY25ended 31 Mar 2025 / Consolidated, auditedRs 8,993 crRs 1.45n/a50/100Filing
Q3 FY25ended 31 Dec 2024 / Consolidated, auditedRs 7,277 crRs 0.39n/an/aFiling
Q2 FY25ended 30 Sep 2024 / Consolidated, auditedRs 6,584 crRs 0.30n/an/aFiling
Q1 FY25ended 30 Jun 2024 / Consolidated, auditedRs 5,485 crRs -0.61n/an/aFiling
Q4 FY24ended 31 Mar 2024 / Consolidated, auditedRs 8,260 crRs 1.41n/an/aFiling
Q3 FY24ended 31 Dec 2023 / Consolidated, auditedRs 5,504 crRs -0.43n/an/aFiling
Q2 FY24ended 30 Sep 2023 / Consolidated, auditedRs 5,125 crRs -0.68n/an/aFiling
Q1 FY24ended 30 Jun 2023 / Consolidated, auditedRs 5,003 crRs -0.99n/an/aFiling
Q4 FY23ended 31 Mar 2023 / Consolidated, auditedRs 8,227 crRs 1.75n/an/aFiling
Q3 FY23ended 31 Dec 2022 / Consolidated, auditedRs 5,263 crRs 0.12n/an/aFiling
Q2 FY23ended 30 Sep 2022 / Consolidated, auditedRs 5,203 crRs 0.03n/an/aFiling
Q1 FY23ended 30 Jun 2022 / Consolidated, auditedRs 4,672 crRs -0.54n/an/aFiling
Q4 FY22ended 31 Mar 2022 / Consolidated, auditedRs 8,062 crRs 2.62n/an/aFiling
Q3 FY22ended 31 Dec 2021 / Consolidated, auditedRs 5,136 crRs 0.08n/an/aFiling
Q2 FY22ended 30 Sep 2021 / Consolidated, auditedRs 5,112 crRs -0.13n/an/aFiling
Q1 FY22ended 30 Jun 2021 / Consolidated, auditedRs 2,901 crRs -1.29n/an/aFiling
Q4 FY21ended 31 Mar 2021 / Consolidated, auditedRs 7,170 crRs -2.97n/an/aFiling
Q3 FY21ended 31 Dec 2020 / Consolidated, auditedRs 4,451 crRs -0.63n/an/aFiling
Q2 FY21ended 30 Sep 2020 / Consolidated, auditedRs 3,696 crRs -1.59n/an/aFiling
Q1 FY21ended 30 Jun 2020 / Consolidated, auditedRs 1,991 crRs -2.56n/an/aFiling
Q4 FY20ended 31 Mar 2020 / Consolidated, auditedRs 5,050 crRs -4.40n/an/aFiling
Q3 FY20ended 31 Dec 2019 / Standalone, auditedRs 5,679 crRs 0.46n/an/aFiling
Q2 FY20ended 30 Sep 2019 / Consolidated, auditedRs 6,227 crRs 0.35n/an/aFiling
Q1 FY20ended 30 Jun 2019 / Consolidated, auditedRs 4,532 crRs -0.63n/an/aFiling
Q3 FY19ended 31 Dec 2018 / Standalone, auditedRs 7,336 crRs 0.52n/an/aFiling
Q2 FY19ended 30 Sep 2018 / Standalone, auditedRs 6,780 crRs 0.50n/an/aFiling
Q1 FY19ended 30 Jun 2018 / Standalone, auditedRs 5,935 crRs 0.42n/an/aFiling

Open the covered-name earnings calendar.

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 cr

Net profit (TTM)

1,600 cr

EBIT (TTM)

2,834 cr

Profit before tax (TTM)

2,078 cr

Net margin (TTM)

4.7%

Finance costs (TTM)

756 cr

Balance sheet, as filed 2026-03-31

Total assets

76,186 cr

Shareholder equity

26,147 cr

Total borrowings

8,187 cr

Cash and equivalents

1,435 cr

Inventory

13,335 cr

Trade receivables

6,796 cr

The cash engine, latest filed year

Operating cash flow

5,837 cr

Capex

589 cr

Free cash flow

5,248 cr

Investing flow

3,035 cr

Financing flow

1,806 cr

Annual trail, filed year over filed year

YearRevenueNet profitEquityBorrowingsCFO
FY2633,782 cr1,600 cr26,147 cr8,187 cr5,837 cr
FY2528,339 cr534 cr24,722 cr9,015 cr2,192 cr
FY2423,893 cr282 cr24,439 cr8,856 cr-3,713 cr
FY2323,365 cr477 cr26,828 cr5,454 cr-742 cr
FY2221,211 cr445 cr26,507 cr4,830 cr660 cr
FY2117,309 cr-2,700 cr25,972 cr4,951 crn/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

31 May 2024Quarter ended Q4FY24Transcript PDF
31 May 2023Quarter ended Q4FY23Transcript PDF
31 May 2022Quarter ended Q4FY22Transcript PDF
31 Jul 2021Quarter ended Q1FY22Transcript PDF
30 Sep 2020Earnings callTranscript PDF
30 Jun 2020Earnings callTranscript PDF
29 Feb 2020Earnings callTranscript PDF
31 Oct 2019Quarter ended Q2FY20Transcript PDF
Show 1 older call
31 Aug 2019Quarter ended Q1FY20Transcript PDF

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

52 / 100
21 Jul 2026
Investor meetRoutine

Schedule of meet

Filing
17 Jul 2026
DividendRoutine

Dividend - Rs 1.40 Per Share

Filing
17 Jul 2026
DisclosureWatch

Copy of Newspaper Publication

Filing
16 Jul 2026
EarningsWatch

Bharat Heavy Electricals Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

Filing
16 Jul 2026
Board meetingWatch

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

Filing
16 Jul 2026
Board meetingWatch

To consider and approve the financial results for the period ended Jun 30, 2026

Filing
16 Jul 2026
Press releaseWatch

BHEL Q1 FY 2026-27 Supplementary Information

Filing
11 Jul 2026
DisclosureWatch

Copy of Newspaper Publication

Filing
Event Heat52 / 100 · Balanced

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.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the BHEL chart. Not a substitute for a registered research note.

TickerBHEL
Full nameBHARAT HEAVY ELECTRICALS LIMITED
SectorCapital Goods
Index classLARGE CAP
ISININE257A01026
Market-cap band~1.4 lakh cr (indicative)
Last referenced levelInside latest show
Last session moveNot referenced this cycle
Editorial line inSystematic Read on 21 Jul 2026
Aliases trackedBHEL

Reference chartLevels in show

The daily frame the desk reads on BHEL.

Chart frame not yet rendered for BHEL. The desk references levels inline inside each show.
Structural levels are read inside the latest show.

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 82 out of 100 as of 21 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 2026-07-21 run of the 500-name BazaarBaazi setup scanner, BHARAT HEAVY ELECTRICALS LIMITED sits in the Near-perfect tier with a setup score of 93/100 (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.

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