Results Snapshot
Figures in Cr
Consolidate Half Yearly Results
Sep'25
Sep'24
Sep'23
Sep'22
Sep'21
Sep'20
Sep'19
Net Sales
12,998.71
12,069.02
10,128.72
9,874.57
8,013.51
5,686.86
10,759.38
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
12,998.71
12,069.02
10,128.72
9,874.57
8,013.51
5,686.86
10,759.38
Raw Material Cost
9,869.36
8,513.76
7,460.99
4,961.02
5,111.78
3,670.43
7,546.33
Purchase of Finished goods
0.00
0.00
0.00
1,764.48
0.00
0.00
0.00
(Increase) / Decrease In Stocks
-769.31
-206.06
-203.76
37.74
203.51
24.49
-1,028.10
Employee Cost
2,942.43
2,902.03
2,702.15
2,819.46
2,751.18
2,761.75
2,925.71
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
189.26
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
912.44
753.64
501.14
516.46
452.57
922.67
1,319.91
Total Expenditure (Excl Depreciation)
12,954.92
11,963.37
10,460.52
10,288.42
8,519.04
7,379.34
10,763.85
Operating Profit (PBDIT) excl Other Income
43.79
105.65
-331.80
-413.85
-505.53
-1,692.48
-4.47
Other Income
345.77
208.13
293.86
286.45
150.51
192.70
273.68
Operating Profit (PBDIT)
389.56
313.78
-37.94
-127.40
-355.02
-1,499.78
269.21
Interest
376.42
363.12
348.37
221.12
174.42
209.33
227.30
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
13.14
-49.34
-386.31
-348.52
-529.44
-1,709.11
41.91
Depreciation
149.98
119.06
119.90
125.30
154.05
233.83
234.41
Profit Before Tax
-136.84
-168.40
-506.21
-473.82
-683.49
-1,942.94
-192.50
Tax
-28.20
-32.32
-210.43
-274.41
-169.52
-480.68
-81.79
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
-108.64
-136.08
-295.78
-199.41
-513.97
-1,462.26
-110.71
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
-108.64
-136.08
-295.78
-199.41
-513.97
-1,462.26
-110.71
Share in Profit of Associates
28.03
30.83
28.06
23.52
19.19
16.74
12.73
Minority Interest
0.00
0.00
0.00
0.00
1.32
0.67
1.96
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
-80.61
-105.25
-267.72
-175.89
-493.46
-1,444.85
-96.02
Equity Capital
696.41
696.41
696.41
696.41
696.41
696.41
696.41
Face Value
2.0
2.0
2.0
2.0
2.0
2.0
2.0
Reserves
23,703.54
23,502.56
23,250.57
25,575.22
24,822.86
0.00
0.00
Earnings per share (EPS)
-0.23
-0.3
-0.77
-0.51
-1.42
-4.15
-0.28
Diluted Earnings per share
-0.23
-0.3
-0.77
-0.51
-1.42
-4.15
-0.28
Operating Profit Margin (Excl OI)
0.34%
0.88%
-3.28%
-4.41%
-6.62%
-31.69%
-0.04%
Gross Profit Margin
0.1%
-0.41%
-3.81%
-3.72%
-6.93%
-32.0%
0.4%
PAT Margin
-0.62%
-0.87%
-2.64%
-1.88%
-6.48%
-27.07%
-0.94%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Half Yearly Analysis Highlights
Net Sales
Growth in half year ended Sep 2025 is 7.70% vs 19.16% in Sep 2024
Consolidate Net Profit
Growth in half year ended Sep 2025 is 23.41% vs 60.69% in Sep 2024
Operating Profit (PBDIT) excl Other Income
Growth in half year ended Sep 2025 is -58.55% vs 131.84% in Sep 2024
Interest
Growth in half year ended Sep 2025 is 3.66% vs 4.23% in Sep 2024
Operating Profit Margin (Excl OI)
Growth in half year ended Sep 2025 has fallen from Sep 2024
Compare Half Yearly Results Of BHEL With
Figures in Cr
Consolidate Half Yearly Results
Change(INR)
Change(%)
Net Sales
12,998.71
0
12,998.71
Other Operating Income
0.00
0.00
0.00
Total Operating income
12,998.71
0
12,998.71
Raw Material Cost
9,869.36
0
9,869.36
Purchase of Finished goods
0.00
0
0.00
(Increase) / Decrease In Stocks
-769.31
0
-769.31
Employee Cost
2,942.43
0
2,942.43
Power Cost
0.00
0
0.00
Manufacturing Expenses
0.00
0
0.00
Selling and Distribution Expenses
0.00
0
0.00
Other Expenses
912.44
0.00
912.44
Total Expenditure (Excl Depreciation)
12,954.92
0
12,954.92
Operating Profit (PBDIT) excl Other Income
43.79
0.00
43.79
Other Income
345.77
0
345.77
Operating Profit (PBDIT)
389.56
0
389.56
Interest
376.42
0
376.42
Exceptional Items
0.00
0
0.00
Gross Profit (PBDT)
13.14
0
13.14
Depreciation
149.98
0
149.98
Profit Before Tax
-136.84
0
-136.84
Tax
-28.20
0
-28.20
Provisions and contingencies
0.00
0
0.00
Profit After Tax
-108.64
0
-108.64
Extraordinary Items
0.00
0
0.00
Prior Period Expenses
0.00
0
0.00
Other Adjustments
0.00
0
0.00
Net Profit
-108.64
0
-108.64
Share in Profit of Associates
28.03
0
28.03
Minority Interest
0.00
0
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
-80.61
0
-80.61
Equity Capital
696.41
0
696.41
Face Value
2.00
0
0.00
Reserves
23,703.54
0
23,703.54
Earnings per share (EPS)
-0.23
0
-0.23
Diluted Earnings per share
-0.23
0
-0.23
Operating Profit Margin (Excl OI)
0.34%
0%
0.00
0.34%
Gross Profit Margin
0.10%
0%
0.00
0.10%
PAT Margin
-0.62%
0%
0.00
-0.62%
Public Share Holdings (%)
0.00%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0%
0.00
0.00%
Half Yearly - Net Sales
Net Sales 12,998.71 Cr
in Sep 2025Figures in Cr
Growth in half year ended Sep 2025 is 7.70% vs 19.16% in Sep 2024
Half Yearly - Consolidate Net Profit
Consolidate Net Profit -80.61 Cr
in Sep 2025Figures in Cr
Growth in half year ended Sep 2025 is 23.41% vs 60.69% in Sep 2024
Half Yearly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 43.79 Cr
in Sep 2025Figures in Cr
Growth in half year ended Sep 2025 is -58.55% vs 131.84% in Sep 2024
Half Yearly - Interest
Interest 376.42 Cr
in Sep 2025Figures in Cr
Growth in half year ended Sep 2025 is 3.66% vs 4.23% in Sep 2024
Half Yearly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 0.34%
in Sep 2025Figures in %
Growth in half year ended Sep 2025 has fallen from Sep 2024






