BHEL Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

BHEL is one of its sort in India participated in planning, designing, erection, testing, dispatching, and overhauling a wide assortment of gear for Power Ventures, Mining Undertakings, innovative work, and item testing. Incepted in 1956, Neyveli Tamil Nadu fills in as the functional base for BHEL under the service of Coal, Govt. of India being an endeavor under the focal public area. It is among the notable electrical hardware specialist co-ops in India.

BHEL Share Price Target 2024-2030

Bharat Heavy Electricals Limited is an Indian organization that represents considerable authority in the arrangement of electrical hardware. It was laid out in 1964 and its central command are in New Delhi, India. Bharat Heavy Electricals Limited is the greatest maker of force producing hardware in the country. The organization is an administration claimed substance, with the public authority holding 64% of its capital. Its central command are situated in New Delhi.

BHEL Share Price Target Today Update

Bhel share price Target Here, we will examine the projected Bhel share costs from 2024 to 2030, including the ongoing price of ₹584.22 and future cost targets. Nitty gritty data on Bhel’s portion value targets will be given. The organization produces power hardware and is engaged with sustainable power sources like nuclear energy, gas, hydro, atomic, and sun oriented PV transmission. Furthermore, it works in the transportation area, guard and aviation, and oil and gas outflows, as well as the field of EV chargers.

What is Bharat Heavy Electricals Ltd?

Bharat Heavy Electricals Limited (BHEL) is a engineering and manufacturing company that plans and makes different items and offers administrations for various areas like power, transmission, industry, and transportation. it is a main creator of hardware for power plants. The organization has two principal areas of work: Power and Industry. They make turbines, steam generator sets, and other gear utilized with steam generators. They likewise produce electric engines, transformers, and hardware for distributing and controlling power.

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BHEL Business Profile

Bharat Heavy Electricals Ltd is a solitary power plant hardware producer who is engaged with plan, development, fabricating, erection, testing, charging, and overhauling an expansive exhibit of labor and products for center pieces of the economy, like Power, dissemination frameworks, Industry, transport, environmentally friendly power, Oil and Gas and guard.

  • Power Sector: The organization can produce a wide range of power creating gear including warm, gas, hydro and thermal power plants.
  • Record: Since it began in 1964, it had done roughly 1,000 utility tasks of coal, hydro, gas and atomic nature which altogether have prompted a financial plan use of around 53% for all power projects embraced inside the country. As of FY22, their introduced power utility age limit adds up to 164 GW of which 132 GW are from coal-based projects.
  • Industry Sector: In this development, the dealer gives different items and solutions across a few enterprises like transportation, renewables, safeguard and aviation, energy capacity arrangements and other business regions, hostage power and cycle plants, transmission and industrial products.
  • Intense Competition: Because of Joint Ventures (JVs) with international firms, the organization is right now working in a profoundly serious market, with the entry of different homegrown organizations in this heater turbine-generator space.

BHEL Fundamentals & Quarterly Results

Metric Value
Market Cap ₹ 1,11,409 Cr.
Current Price ₹ 320
High / Low ₹ 322 / 90.1
Stock P/E 395
Book Value ₹ 70.2
Dividend Yield 0.13 %
ROCE 2.97 %
ROE 1.10 %
Face Value ₹ 2.00
Debt to Equity 0.36
Debt Capacity -0.06
Debt Preceding Year ₹ 5,454 Cr.
Debt ₹ 8,856 Cr.
Reserves ₹ 23,742 Cr.
EPS ₹ 0.81
EPS Last Year ₹ 0.81
Pledged Percentage 0.00 %
FCF Prev Ann ₹ -922 Cr.
EVEBITDA 93.3
Industry PE 66.8
PEG Ratio -17.8
Piotroski Score 3.00
Earnings Yield 0.86 %
Sales Growth 5 Years -4.73 %

BHEL Quarterly Results

Quarter Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Sales + 8,062 4,672 5,203 5,263 8,227 5,003 5,125 5,504 8,260
Expenses + 6,910 4,842 5,446 5,119 7,178 5,368 5,513 5,287 7,532
Operating Profit 1,152 -170 -244 144 1,049 -364 -388 217 728
OPM % 14% -4% -5% 3% 13% -7% -8% 4% 9%
Other Income + 131 84 226 110 125 130 192 118 170
Interest 96 98 123 139 161 168 180 190 193
Depreciation 86 67 59 62 73 60 60 61 68
Profit before tax 1,102 -251 -199 53 940 -462 -436 84 636
Tax % 17% 25% 106% 20% 30% 26% 45% 29% 23%
Net Profit + 912 -188 12 42 658 -344 -238 60 490
EPS in Rs 2.62 -0.54 0.03 0.12 1.89 -0.99 -0.68 0.17 1.41

CAGR Report

Metric 10 Years 5 Years 3 Years TTM / Last Year
Compounded Sales Growth -5% -5% 11% 2%
Compounded Profit Growth -22% -22% 28% -38%
Stock Price CAGR 8% 37% 68% 245%
Return on Equity 0% -2% 1% 1%

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BHEL Shareholding Pattern

Metric Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Promoters + 63.06% 63.06% 63.17% 63.17% 63.17% 63.17% 63.17% 63.17%
FIIs + 15.89% 13.04% 11.68% 9.36% 4.47% 4.00% 8.58% 8.76%
DIIs + 16.43% 18.50% 18.54% 17.81% 12.49% 12.66% 15.50% 15.95%
Public + 4.62% 5.40% 6.61% 9.66% 19.87% 20.17% 12.76% 12.14%
No. of Shareholders 3,83,371 4,71,048 4,92,165 5,84,236 9,86,752 12,81,743 10,16,936 14,99,202

BHEL Share Price Target 2024-2030 Forecast

Year Initial Target Mid-Year Target Year-End Target
2024 ₹242.46 ₹303.61 ₹340.29
2025 ₹347 ₹326 ₹389
2026 ₹397 ₹373 ₹446
2027 ₹455 ₹427 ₹510
2028 ₹520 ₹489 ₹583
2029 ₹595 ₹559 ₹667
2030 ₹680 ₹639 ₹764

BHEL Share Price Target 2025

Month Target
January ₹347
February ₹354
March ₹361
April ₹349
May ₹337
June ₹326
July ₹339
August ₹353
September ₹367
October ₹374
November ₹381
December ₹389

BHEL Share Price Target 2026

Month Target
January ₹397
February ₹405
March ₹413
April ₹399
May ₹386
June ₹373
July ₹388
August ₹404
September ₹420
October ₹428
November ₹437
December ₹446

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BHEL Share Price Target 2027

Month Target
January ₹455
February ₹464
March ₹473
April ₹457
May ₹442
June ₹427
July ₹444
August ₹462
September ₹480
October ₹490
November ₹500
December ₹510

BHEL Share Price Target 2028

Month Target
January ₹520
February ₹530
March ₹541
April ₹523
May ₹506
June ₹489
July ₹509
August ₹529
September ₹550
October ₹561
November ₹572
December ₹583

BHEL Share Price Target 2029

Month Target
January ₹595
February ₹607
March ₹619
April ₹598
May ₹578
June ₹559
July ₹581
August ₹604
September ₹628
October ₹641
November ₹654
December ₹667

BHEL Share Price Target 2030

Month Target
January ₹680
February ₹694
March ₹708
April ₹684
May ₹661
June ₹639
July ₹665
August ₹692
September ₹720
October ₹734
November ₹749
December ₹764

Key Factors Before Investing in BHEL

  • Prior to putting resources into BHEL Limited Stock, dissect its monetary exhibition, income development, obligation levels, income, and net benefit. The income and benefit of BHEL have been reliably expanding throughout recent years.
  • It is additionally vital to break down the piece of the pie of BHEL in the power age hardware and modern frameworks areas. A decent piece of the pie mirrors the organization’s development.
  • BHEL has contenders like Siemens AG, General Electric (GE), Larsen and Toubro (L&T), Toshiba, ABB Gathering, and Mitsubishi Hitachi Power Frameworks (MHPS). So prior to putting resources into an organization, breaking down the competitors is likewise significant.
  • The matter of Bharat Heavy Electricals Limited (BHEL) is profoundly government-directed. So it is essential to watch out for the choices in regards to guideline approaches taken by the public authority.
  • Should think about the essentials of BHEL Limited, like the cost to-income proportion (P/E), market valuation, cost to-book (P/B) proportion, and other important measurements.
  • Prior to putting resources into Bharat Heavy Electricals Limited (BHEL), grasp your gamble and contribute with appropriate gamble the board.

Final Words

BHEL Ltd Is One Of India Largest And Oldest Engineering & Manufacturing Companies In The Energy And Framework Areas. Laid out In 1964, BHEL Works Under The Regulatory Control Of The Ministry Of Heavy Industries And Public Endeavors, Government Of India. BHEL Is A Public Traded Company, Recorded On The Bombay Stock Trade (BSE) And The Public Stock Trade (NSE) Of India. It Has Reliably Been A High Income Generator With A Critical Commitment To India’s Modern Result.

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