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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: 337.77 INR 0.05% Market Closed
Market Cap: ₹1.2T

EV/EBIT

108.1
Current
0%
More Expensive
vs 3-y average of 107.8

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
108.1
=
Enterprise Value
₹932.8B
/
EBIT
₹11.1B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
108.1
=
Enterprise Value
₹932.8B
/
EBIT
₹11.1B

Valuation Scenarios

Bharat Heavy Electricals Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (107.8), the stock would be worth ₹337.01 (0% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-78%
Maximum Upside
No Upside Scenarios
Average Downside
51%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 108.1 ₹337.77
0%
3-Year Average 107.8 ₹337.01
0%
5-Year Average 46.4 ₹145.19
-57%
Industry Average 36.4 ₹113.68
-66%
Country Average 23.3 ₹72.73
-78%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
₹932.8B
/
Jan 2026
₹11.1B
=
108.1
Current
₹932.8B
/
Mar 2026
₹19.5B
=
47.9
Forward
₹932.8B
/
Mar 2027
₹39.1B
=
23.8
Forward
₹932.8B
/
Mar 2028
₹55B
=
17
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close

Market Distribution

Higher than 95% of companies in India
Percentile
95th
Based on 2 572 companies
95th percentile
108.1
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

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 37%
Intrinsic Value
Price ₹337.77
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