Excellent Return Bharat Heavy Electricals Limited (NSE: BHEL), a public sector company in India, has been awarded the contract for a 2400 MW Thermal Power Project by NLC India.
₹196 Govt. Share; 860% Excellent Return ; Company Will Build Power Plant In Odisha
The project will be located in the Jharsuguda District of Odisha. Last Friday, BHEL’s shares dropped by 0.63 percent to close at Rs 196.40.
The company’s market capitalization is Rs 68,405 crore. The 52-week high of the company is Rs. 204.95, and its 52-week low is Rs. 66.30.
Details of the contract
The project, which has a capacity of 2,400MW, is made up of three units each of 800MW. It uses ‘Ultra Super Critical Technology’.
According to the company’s statement, the contract by BHEL will cover the engineering, manufacturing, supply, construction and commissioning of equipment like boiler, turbine and generator will be done in the first phase of the power plant.
3 states will receive electricity
All 2400 MW of electricity generated by this project will be distributed to Tamil Nadu as well as Kerala, Puducherry, and Odisha.
Power Purchase Agreements have been signed. This project’s first unit is expected to come online in the financial years 2028-29.
What is the performance of the stock?
BHEL’s shares rose by over 8 percent during the past month. It has also given a return of 113% in the past 6 months.
Investors have received a return of 146% in the past year. In the last four-year period, its investors made a profit of 860 percent.
About Bharat Heavy Electricals Ltd (BHEL)
Bharat Heavy Electricals Ltd (BHEL) is India’s biggest sector in the field of engineering and manufacturing energy and manufacturing of power plant equipment.
It was founded in 1964. They are a major maker of power equipment globally and are among the first and major contributors to building the Aatmanirbhar Bharat.
The products and services it offers serve the energy, transportation, power as well as energy, oil and gas, and many other industrial markets.
The company operates in three segments of business: Power, Industry, and International Operations.
The global installed power-generating equipment manufactured by BHEL is greater than 194 GW, which makes it the undisputed top-of-the-line among Indian producers of power plant equipment.
They have built more than 1000 hydro, thermal nuclear, nuclear, gas, and solar PV-based power generation sets.
The majority of the revenues come from India but the company has a significant influence in a variety of areas.
Fundamental Analysis of Bharat Heavy Electricals Ltd (BHEL)
| Market Cap | ₹ 68,405 Cr. |
| Current Price | ₹ 196 |
| 52-wk High | ₹ 205 |
| 52-wk Low | ₹ 66.3 |
| Stock P/E | 960 |
| Book Value | ₹ 74.9 |
| Dividend | 0.20 % |
| ROCE | 3.33 % |
| ROE | 1.70 % |
| Face Value | ₹ 2.00 |
| P/B Value | 2.67 |
| OPM | 1.60 % |
| EPS | ₹ 0.20 |
| Debt | ₹ 9,040 Cr. |
| Debt to Equity | 0.35 |
Bharat Heavy Electricals Ltd (BHEL) Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹200 | ₹310 |
| 2025 | ₹360 | ₹425 |
| 2026 | ₹455 | ₹505 |
| 2027 | ₹600 | ₹715 |
| 2028 | ₹800 | ₹852 |
| 2029 | ₹900 | ₹942 |
| 2030 | ₹1000 | ₹1200 |
Bharat Heavy Electricals Ltd (BHEL) Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 63.17% |
| Mar 2023 | 63.17% |
| June 2023 | 63.17% |
| Sept 2023 | 63.17% |
| Dec 2023 | 63.17% |
| FII Holding | |
| Dec 2022 | 8.48% |
| Mar 2023 | 8.58% |
| June 2023 | 7.77% |
| Sept 2023 | 7.23% |
| Dec 2023 | 7.04% |
| DII Holding | |
| Dec 2022 | 14.71% |
| Mar 2023 | 15.50% |
| June 2023 | 16.36% |
| Sept 2023 | 15.99% |
| Dec 2023 | 17.58% |
| Public Holding | |
| Dec 2022 | 13.63% |
| Mar 2023 | 12.76% |
| June 2023 | 12.71% |
| Sept 2023 | 13.62% |
| Dec 2023 | 12.23% |
Bharat Heavy Electricals Ltd (BHEL) Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 30,441 Cr |
| 2020 | ₹ 21,463 Cr |
| 2021 | ₹ 17,309 Cr |
| 2022 | ₹ 21,211 Cr |
| 2023 | ₹ 23,619 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 1,002 Cr |
| 2020 | ₹ -1,468 Cr |
| 2021 | ₹ -2,700 Cr |
| 2022 | ₹ -2,700 Cr |
| 2023 | ₹ 71 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.08 |
| 2020 | 0.17 |
| 2021 | 0.19 |
| 2022 | 0.18 |
| 2023 | 0.2 |
Last 10 Years’ Profit Growth:
| 10 Years: | -24% |
| 5 Years: | 2% |
| 3 Years: | 32% |
| Current Year: | -91% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 1% |
| 5 Years: | -2% |
| 3 Years: | -2% |
| Last Year: | 2% |
Sales Growth Over 10 Years:
| 10 Years: | -7% |
| 5 Years: | -4% |
| 3 Years: | 3% |
| Current Year: | 2% |
Conclusion :
This article is a complete guide about Bharat Heavy Electricals Ltd (BHEL) Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential. Hopefully, these informations will help you in your further investment.
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