BHEL Share Price in Focus; Reports 120% Rise in Q2 FY27 Net Profit

Bharat Heavy Electricals Limited (BHEL) reported a net profit of ₹810 crore for the July-September quarter of FY27, compared with ₹368 crore in the same period last year, as per an exchange filing dated October 15, 2026.  

Revenue from operations rose to ₹9,300 crore from ₹7,512 crore, according to the company's results for the quarter ended September 2026. Profit before tax increased to ₹1,078 crore from ₹492 crore. EBITDA stood at ₹1,286 crore, against ₹763 crore in Q2 FY26. 

Margins and Collections 

BHEL's EBITDA margin was 13.4% in the September quarter, compared with 9.9% a year earlier. Gross operating margin increased to ₹3,549 crore from ₹2,424 crore. 

The company collected ₹13,179 crore from customers during the quarter, up from ₹9,910 crore in the corresponding period last year. Trade receivables were ₹9,718 crore, marginally higher than ₹9,592 crore a year earlier. The average receivables period declined from 120 days to 94 days. 

Performance in April-September 

Revenue from operations for the first half of FY27 reached ₹16,998 crore, compared with ₹12,999 crore in the same period of FY26. 

EBITDA rose to ₹2,020 crore from ₹411 crore. BHEL recorded a net profit of ₹1,192 crore for the six-month period, against a loss of ₹87 crore last year. Profit before tax was ₹1,591 crore, compared with a loss of ₹115 crore. 

Orders and Capacity Addition 

BHEL's order book stood at ₹2,57,571 crore on 30 September 2026, up from ₹2,19,641 crore on 30 September 2025. Orders secured during the first half totalled around ₹30,000 crore, of which approximately ₹4,000 crore came in Q2. 

Orders received during the quarter included hydroelectric project packages for Heo and Tato-I, 265 main traction transformers, and an FR6B gas turbine. 

The company added 660 MW of capacity at Unit 1 of the Udangudi Supercritical Thermal Power Project during Q2. Total capacity addition in the first half reached 2,260 MW, against the annual target of 4,790 MW. 

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BHEL Share Price Performance  

As of October 15, 2026, 3:30 pm, BHEL share price closed at ₹434.25, a 6.41% decrease from the previous closing price. 

Conclusion  

For Q2 FY27, BHEL's net profit rose to ₹810 crore, while revenue reached ₹9,300 crore. The company's order book increased 17.27% year-on-year to ₹2,57,571 crore. 

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