Bharat Heavy Electricals Ltd
BHEL Q1 FY 2026-27 Supplementary Information
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 16 Jul 2026, 08:45 PM IST · BSE ID: ed4bc06b-5dff-40ac-b428-846d879e34de
View Original BSE Filing (PDF)
💡
In Simple Terms
BHEL's revenue increased by 40% to Rs. 7,698 Crore in Q1 FY27, and it made a profit of Rs. 382 Crore.
🤖 AI Summary
- BHEL reported Q1 FY27 revenue from operations of Rs. 7,698 Crore, a 40% increase from Q1 FY26.
- Profit After Tax for Q1 FY27 was Rs. 382 Crore, a turnaround from a loss of Rs. (455) Crore in Q1 FY26.
- Total order inflow in Q1 FY27 reached Rs. 26,745 Crore, including a Rs. 22,625 Crore single export order.
- Outstanding order book increased by 27% to Rs. 2,60,255 Crore as of Q1 FY27.
- Gross Operating Margin rose by 48% to Rs. 2,516 Crore, and EBITDA turned positive at Rs. 735 Crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations
7,698 Rs. Crore
40%
Gross Operating Margin
2,516 Rs. Crore
48%
EBITDA
735 Rs. Crore
Turnaround
Profit Before Tax
513 Rs. Crore
Turnaround
Profit After Tax
382 Rs. Crore
Turnaround
Total Customer Collection
11,004 Rs. Crore
34%
Outstanding OB
2,60,255 Rs. Crore
27%
Total order inflow
26,745 Rs. Crore
Exports order inflow
2,353 Rs. Crore
Power order inflow
22,625 Rs. Crore
Industry order inflow
1,767 Rs. Crore
🏢 How This Affects the Company
The significant order inflow of Rs. 26,745 Crore, including a record-breaking export order, provides long-term revenue visibility and strengthens BHEL's position in power, industry, and international markets. Diversification into nuclear, coal gasification, green hydrogen, HVDC, defence, and rail mobility reduces dependence on a single sector.
BHEL's financial performance showed a turnaround from losses, with Profit After Tax reaching Rs. 382 Crore in Q1 FY27. Revenue growth, increased Gross Operating Margin, and positive EBITDA indicate improving profitability and cash generation.
The company's focus on execution led to capacity additions at Patratu STPS and Yadadri TPS, and full load achievement at Udangudi STPP. Progress in coal gasification projects, such as the CIL-BHEL JV, indicates new operational avenues.
The increased diversification across various sectors like defence, rail, and green energy may reduce the company's reliance on the core thermal power sector, potentially mitigating concentration risks over time.
👥 What This Means For Shareholders
✅
Action Required
No specific action is required from shareholders based on this supplementary information.
👤
Who Is Affected
All shareholders are affected by the company's Q1 FY27 financial performance, which included a turnaround to Profit After Tax of Rs. 382 Crore and a 27% growth in outstanding order book to Rs. 2,60,255 Crore.
🔍
Management Signal
The management's focus on translating the order book into profitable growth, diversifying into new segments, and improving cash generation is highlighted by the Q1 FY27 performance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check revenue and profit growth sustainability.
Updates on major project executions, especially the large export order.
Further developments in nuclear, coal gasification, and green hydrogen initiatives.
MEDIUM RISK
The company operates in capital-intensive sectors with long project cycles, subject to government policies and economic cycles.
💡 Investor Takeaway
BHEL's Q1 FY27 results show Revenue from Operations increased by 40% to Rs. 7,698 Crore. Profit After Tax was Rs. 382 Crore, a turnaround from a loss. The Outstanding Order Book grew by 27% to Rs. 2,60,255 Crore, and total order inflow reached Rs. 26,745 Crore.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from Operations increased by 40% to Rs. 7,698 Crore in Q1 FY27, demonstrating substantial top-line growth.
- Outstanding Order Book expanded by 27% to Rs. 2,60,255 Crore, providing long-term revenue visibility.
📅 Company Track Record
BHEL's Board was scheduled to meet on July 16, 2026, to approve its Q1 FY27 unaudited financial results. This supplementary information provides details concurrent with that approval.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was BHEL's revenue from operations in Q1 FY27?
BHEL reported revenue from operations of Rs. 7,698 Crore in Q1 FY27, marking a 40% increase compared to Q1 FY26.
What was BHEL's Profit After Tax for Q1 FY27?
BHEL recorded a Profit After Tax of Rs. 382 Crore in Q1 FY27, a turnaround from a loss of Rs. (455) Crore in Q1 FY26.
What was BHEL's total order inflow in Q1 FY27?
BHEL's total order inflow for Q1 FY27 was Rs. 26,745 Crore, which includes a Rs. 22,625 Crore export order.
What is the size of BHEL's outstanding order book as of Q1 FY27?
The outstanding order book for BHEL as of Q1 FY27 stood at Rs. 2,60,255 Crore, a 27% increase from Q1 FY26.
How did BHEL's Gross Operating Margin perform in Q1 FY27?
BHEL's Gross Operating Margin increased by 48% to Rs. 2,516 Crore in Q1 FY27 compared to Q1 FY26.
Questions based on this BSE filing only. For information purposes.