BHEL Share Price Rose Over 4%: Rising PAT and Significant Order Book During Q3FY25

On January 29, 2025, BHEL shares surged over 4% in morning trade, reaching a day high of ₹196.10 after opening at ₹185.25. The gain in BHEL shares came after the release of Q3FY25 results, wherein it reported a remarkable over twofold increase in its consolidated net profit for the December quarter of 2024-25. The net profit surged to ₹134.70 crore, primarily driven by higher revenues. Total income for the quarter rose to ₹7,385 crore, up from ₹5,599.63 crore in the same period last year.

Revenue from Operations Breakdown by Segment:

• The power segment contributed around 77% of the total revenue.
• The industry segment accounted for approximately 23% of the revenue.

BHEL’s Order Book as of December 31, 2024

As of December 31, 2024, BHEL reported a total order book worth ₹1,60,157 crore. The breakdown is as follows:

• Power segment: ₹1,21,413 crore (76% of the total order book)
• Industry segment: ₹35,063 crore (22% of the total order book)
• Export order book: ₹3,682 crore (2% of the total order book)

Prominent Orders Received in Q3FY25

Power Segment

• BHEL emerged as the successful bidder for the main plant package for the 3×800 MW Telangana Stage-II supercritical thermal power plant.
• The company also received a Limited Notice to Proceed (LNTP) from NTPC Ltd. for initiating basic engineering work.

Industry Segment

• BHEL secured an order for the +/- 800 kV, 6000 MW Khavda-Nagpur LCC HVDC Terminal Stations, in partnership with Hitachi Energy India Ltd.
• The company received an EPC order for a 765kV Air Insulated Substation Package, along with various substation extension orders for 400kV/765kV ratings.
• BHEL secured an order for the supply of transformers from transmission companies.
• The company also won an order for the supply and supervision of E&C for a 1x 80 MW STG from a chemical manufacturing company.
• Another key order includes the supply of 689 traction motors and 27 sets of traction electrics for DETC from Indian Railways.
• BHEL also received a development order for high-power Li-ion cells from the Vikram Sarabhai Space Centre.

Export Market

• BHEL secured an order for the supply and supervision of a 95 MW generator from Russia.
• The company also received an order for the supply of safety valves for a project in Costa Rica, marking its entry into the 91st country.

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