Bharat Heavy Electricals Ltd
NSE:BHEL

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Bharat Heavy Electricals Ltd Logo
Bharat Heavy Electricals Ltd
NSE:BHEL
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Price: 270.65 INR 1.03%
Market Cap: ₹942.4B

Operating Margin

3.6%
Current
Improving
by 2%
vs 3-y average of 1.6%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
3.6%
=
Operating Income
₹11.1B
/
Revenue
₹304.7B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
3.6%
=
Operating Income
₹11.1B
/
Revenue
₹304.7B

Peer Comparison

Country Company Market Cap Operating
Margin
IN
Bharat Heavy Electricals Ltd
NSE:BHEL
940.3B INR
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IN
Larsen & Toubro Ltd
NSE:LT
5.6T INR
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US
GE Vernova Inc
MIL:1GEV
172.8B EUR
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DE
Siemens Energy AG
XETRA:ENR
133.2B EUR
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JP
Mitsubishi Electric Corp
TSE:6503
10.3T JPY
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CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
42.8B EUR
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KR
Doosan Enerbility Co Ltd
KRX:034020
61.4T KRW
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US
Bloom Energy Corp
NYSE:BE
39B USD
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DK
Vestas Wind Systems A/S
CSE:VWS
198.4B DKK
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CN
NARI Technology Co Ltd
SSE:600406
205.9B CNY
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KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
32.8T KRW
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Market Distribution

In line with most companies in India
Percentile
34rd
Based on 5 437 companies
34rd percentile
3.6%
Low
-153 833.3% — 2.7%
Typical Range
2.7% — 13.2%
High
13.2% — 9 977%
Distribution Statistics
India
Min -153 833.3%
30th Percentile 2.7%
Median 7.3%
70th Percentile 13.2%
Max 9 977%

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
HIDDEN
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What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
3.6%
=
Operating Income
₹11.1B
/
Revenue
₹304.7B
What is Bharat Heavy Electricals Ltd's current Operating Margin?

The current Operating Margin for Bharat Heavy Electricals Ltd is 3.6%, which is above its 3-year median of 1.6%.

How has Operating Margin changed over time?

Over the last 3 years, Bharat Heavy Electricals Ltd’s Operating Margin has increased from 2.6% to 3.6%. During this period, it reached a low of -0.6% on Jun 30, 2024 and a high of 3.6% on Jan 1, 2026.

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