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Bharat Heavy Electricals Ltd
NSE:BHEL

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Bharat Heavy Electricals Ltd
NSE:BHEL
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Price: 288.84 INR 1.45% Market Closed
Market Cap: ₹1T

Gross Margin

31.3%
Current
Improving
by 1%
vs 3-y average of 30.3%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
31.3%
=
Gross Profit
₹95.5B
/
Revenue
₹304.7B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
31.3%
=
Gross Profit
₹95.5B
/
Revenue
₹304.7B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Bharat Heavy Electricals Ltd
NSE:BHEL
991.4B INR
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IN
Larsen & Toubro Ltd
NSE:LT
5.4T INR
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US
GE Vernova Inc
MIL:1GEV
227.7B EUR
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DE
Siemens Energy AG
XETRA:ENR
142.4B EUR
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JP
Mitsubishi Electric Corp
TSE:6503
11.9T JPY
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CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
41.8B EUR
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US
Bloom Energy Corp
NYSE:BE
49.5B USD
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KR
Doosan Enerbility Co Ltd
KRX:034020
63.6T KRW
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CN
NARI Technology Co Ltd
SSE:600406
211.7B CNY
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DK
Vestas Wind Systems A/S
CSE:VWS
195.6B DKK
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KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
36T KRW
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Market Distribution

In line with most companies in India
Percentile
37th
Based on 4 996 companies
37th percentile
31.3%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Bharat Heavy Electricals Ltd
Glance View

In the bustling industrial heart of India, Bharat Heavy Electricals Ltd. (BHEL) stands as a monumental cornerstone of the nation's engineering prowess. Established in 1964, BHEL emerged from the governmental vision of harnessing homegrown talent and resources to power the country's burgeoning infrastructure needs. As one of India's largest engineering and manufacturing enterprises in the energy and infrastructure sectors, BHEL has spread its roots far and wide, underpinning the development of power plants, transportation systems, renewable energy projects, and industrial facilities. The company has mastered the art of producing a plethora of heavy electrical equipment, including turbines, generators, transformers, and switchgears, furnishing its expertise to both domestic and international markets. The lifeblood of BHEL’s financial sustenance flows predominantly from its comprehensive suite of services that complements its manufacturing might. This includes engineering, construction, testing, commissioning, and servicing of products and systems. BHEL crafts a robust revenue stream by engaging in large turnkey projects, supplying its technology solutions to utilities, industries, and transportation sectors. By also venturing into after-sales and maintenance services, BHEL ensures a continued engagement with its clientele post-installation, fostering long-term relationships and recurrent revenue. With a legacy of technological innovation and a strategy aligned to the nation's infrastructural upliftment, BHEL not only creates profit margins but also indelibly shapes the energy landscape of India.

BHEL Intrinsic Value
212.01 INR
Overvaluation 27%
Intrinsic Value
Price ₹288.84
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
31.3%
=
Gross Profit
₹95.5B
/
Revenue
₹304.7B
What is Bharat Heavy Electricals Ltd's current Gross Margin?

The current Gross Margin for Bharat Heavy Electricals Ltd is 31.3%, which is above its 3-year median of 30.3%.

How has Gross Margin changed over time?

Over the last 3 years, Bharat Heavy Electricals Ltd’s Gross Margin has increased from 28.6% to 31.3%. During this period, it reached a low of 26.4% on Mar 31, 2024 and a high of 33.5% on Jun 30, 2025.

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