Order Book Update: BHEL offers a range of eco-friendly thermal power technologies, including boilers, ESPs, FGDs, and SCRs. As of June 30, 2023, the company’s outstanding order book currently stands over Rs 1.50 lakh crore (excluding taxes) with the finalisation of the prestigious Vande Bharat trainset order in April 2023.

According to the quarterly results, net sales increased by 70.84 per cent to Rs 5,003 crore in Q1FY24 over Q1FY23. The company reported a net loss of Rs 344 crore in Q1FY24 compared to a net loss of Rs 188 crore in Q1FY24. In FY23, the net sales increased by 10.16 per cent to Rs 23,365 crore and net profit increased by 7.2 per cent to Rs 477 crore compared to FY22.

Talking about the financials, BHEL has a market cap of over Rs 35,000 crore. The company reported excellent numbers in its quarterly results and annual results. The President of India owns the majority of the company (63.17 per cent), with the remainder divided among FIIs, DIIs, and the general public.

The company has consistently maintained a commendable dividend payout ratio of 20.1 per cent,

Order book Update: Significantly, this outstanding order book currently stands at Rs 1,14,336 crore (excluding taxes) with the finalisation of the prestigious Vande Bharat trainset order in April 2023. The President of India owns the majority of the company (63.17 per cent), with the remainder divided among FIIs, DIIs, and the general public.

The stock is up by 60 per cent in just 1 year and generated multibagger returns of 194 per cent in 3 years.

Shares of the company jumped more than10 per cent in the morning trade. 

The stock gained 19.36 per cent in the past 6 months and since it was listed on the BSE (July 14, 1995), it has gained more than 887 per cent.

The President of India owns the majority of the company (63.17 per cent), with the remainder divided among FIIs, DIIs and the general public.  

This order win strengthens the company's dominant market position by providing a ground-breaking, differentiated value added services