BHEL or Bharat Heavy Electrical Limited, is a well-known power generation equipment manufacturer. It is the largest government-owned public sector undertaking, as everyone knows. It is a central public sector undertaking in India.
Over the years, BHEL has established itself as a top player in the energy sector, supporting the development of India's infrastructure and economic growth.
Buyer interest in the agency's share charge has been high due to its solid foundation, comprehensive activities, and regular revenue sources. This page will be important if you want to know the BHEL share price target for 2025, 2026, 2027, 2028, 2029, and 2030.
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About BHEL Company
The largest government-owned provider of industrial and electrical technology in India is Bharat Heavy Electricals Limited (BHEL), a central public sector undertaking. Owned by the Government of India, the Ministry of Heavy Industries, is in charge of its administration.
When BHEL was established in 1956, the Indian heavy electrical equipment industry began. With Soviet assistance in terms of technology, BHEL aimed to become a direct manufacturing PSU. Thyristor technology was state-of-the-art in the 1980s. BHEL became a publicly traded company in 1991.
BHEL Share Current Performance And Market Indicators
Open Price: ₹282.15
Today’s Low Price: ₹278.85
Today's High Price: ₹283.30
Current Price: ₹281.10
Market capitalization: ₹98,212 Cr
P/E Ratio: 972.59
ROE: 1.15%
Dividend Yield: 0.09%
52-Week Low: ₹113.50
52-Week High: ₹335.35
Price Change Over the Past Year: +155.35 (123.54% Increase)
So far, the share price of BHEL shows a stable trend. The stock opened at ₹282.15 and touched a high of ₹283.30 and a low of ₹278.85 during the day. The current trading price, which shows marginal change during the day, is ₹281.10.
The stock has gained 123.54%. from its 52-week low of ₹113.50 to a high of ₹335.35, indicating a remarkable performance during the last year. With a market capitalization of ₹98,212 crore, the firm has a high P/E ratio of 972.59, indicating that investors have high expectations from it.
The dividend yield is low at 0.09% and the return on equity (ROE) is low at 1.15%, indicating that the stock's recent rally is driven more by market speculation than fundamental performance.
BHEL Share Price Target 2025
By 2025, BHEL's share price target is projected to reach ₹496 thanks to its current initiatives in infrastructure and renewable energy. The company will benefit from its increased knowledge of expanding its business operations and improving performance as it establishes a growing reputation in the energy sector.
BHEL Share Price Target 2026
Nuclear, hydroelectric, thermal power, and gas are examples of renewable energy sources that are involved in the power generation sector. The market capitalization of the firm is around ₹98K crore. The firm is not completely debt free right now but is expected to be so in the future. All these possibilities can take the share price of BHEL to ₹563 by 2026.
BHEL Share Price Target 2027
The company's share price projection for 2027 is ₹785, driven by technological advancements and its supremacy in the heavy electrical equipment market.
BHEL Share Price Target 2028
It is estimated that the share price of BHEL is expected to grow very fast in the coming years. Looking at all these estimates, the target price of BHEL shares in 2028 is expected to be around ₹883.
BHEL Share Price Target 2029
If we discuss this further then the estimated price for 2029 can be from ₹938.20 to ₹1005.35 which will also increase the valuation of the company.
BHEL Share Price Target 2030
Looking at the business opportunities of the company in the long term, if BHEL Share Price Target 2030 is seen, then along with giving very good returns to the shareholders, there is every possibility of the share price trading around ₹1264.
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BHEL Shareholding
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
Promoters | 63.17% | 62.66% | 64.00% | 58.79% | 60.99% |
Retail and Other | 12.93% | 24.49% | 24.49% | 23.24% | 23.24% |
Other Domestic Institutions | 11.50% | 7.66% | 8.37% | 13.01% | 12.71% |
Foreign Institutions | 7.76% | 5.01% | 2.95% | 4.76% | 2.84% |
Mutual Funds | 4.64% | 0.17% | 0.19% | 0.20% | 0.22% |
The BHEL shareholding chart is referred to from the Groww website.
BHEL Balance Sheet
Balance Sheet of Bharat Heavy Electricals (in Rs. Cr.) | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
| 12 mths | 12 mths | 12 mths | 12 mths | 12 mths |
EQUITIES AND LIABILITIES |
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SHAREHOLDER'S FUNDS |
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Equity Share Capital | 696.41 | 696.41 | 696.41 | 696.41 | 696.41 |
Total Share Capital | 696.41 | 696.41 | 696.41 | 696.41 | 696.41 |
Reserves and Surplus | 24,154.18 | 26,565.75 | 26,274.75 | 25,787.64 | 28,484.80 |
Total Reserves and Surplus | 24,154.18 | 26,565.75 | 26,274.75 | 25,787.64 | 28,484.80 |
Total Shareholders Funds | 24,850.59 | 27,262.16 | 26,971.16 | 26,484.05 | 29,181.21 |
NON-CURRENT LIABILITIES |
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Long Term Borrowings | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities [Net] | 0 | 0 | 0 | 0 | 0 |
Other Long Term Liabilities | 6,744.96 | 5,089.29 | 4,594.80 | 4,982.75 | 4,263.27 |
Long Term Provisions | 2,489.08 | 4,101.02 | 3,771.21 | 3,912.78 | 4,212.13 |
Total Non-Current Liabilities | 9,234.04 | 9,190.31 | 8,366.01 | 8,895.53 | 8,475.40 |
CURRENT LIABILITIES |
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Short Term Borrowings | 8,808.00 | 5,385.00 | 4,745.00 | 4,833.78 | 4,933.39 |
Trade Payables | 8,696.24 | 9,895.83 | 7,749.59 | 6,677.74 | 8,823.62 |
Other Current Liabilities | 5,510.29 | 5,273.98 | 5,809.86 | 5,645.88 | 5,740.26 |
Short Term Provisions | 2,318.27 | 2,796.63 | 3,066.70 | 3,164.25 | 3,081.78 |
Total Current Liabilities | 25,332.80 | 23,351.44 | 21,371.15 | 20,321.65 | 22,579.05 |
Total Capital And Liabilities | 59,417.43 | 59,803.91 | 56,708.32 | 55,701.23 | 60,235.66 |
ASSETS |
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NON-CURRENT ASSETS |
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Tangible Assets | 2,510.69 | 2,408.74 | 2,336.34 | 2,426.15 | 2,735.47 |
Intangible Assets | 63.35 | 67.24 | 62.12 | 62.16 | 78.61 |
Capital Work-In-Progress | 282.32 | 344.59 | 422.32 | 403.21 | 306.74 |
Other Assets | 0 | 0 | 0 | 0 | 0 |
Fixed Assets | 2,882.40 | 2,829.83 | 2,829.44 | 2,907.87 | 3,128.08 |
Non-Current Investments | 667.6 | 669.54 | 669.71 | 670 | 669.51 |
Deferred Tax Assets [Net] | 4,201.26 | 3,422.62 | 3,530.08 | 3,659.77 | 2,756.21 |
Long Term Loans And Advances | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 17,120.48 | 22,799.64 | 21,817.11 | 20,129.57 | 20,978.33 |
Total Non-Current Assets | 24,871.74 | 29,721.63 | 28,846.34 | 27,367.21 | 27,532.13 |
CURRENT ASSETS |
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Current Investments | 0 | 0 | 0 | 0 | 0 |
Inventories | 7,220.57 | 6,755.90 | 6,560.21 | 7,191.23 | 8,905.46 |
Trade Receivables | 4,785.38 | 3,128.35 | 3,024.75 | 4,033.63 | 7,107.62 |
Cash And Cash Equivalents | 6,157.47 | 6,642.58 | 7,153.69 | 6,701.43 | 6,418.56 |
Short Term Loans And Advances | 0 | 0 | 0 | 0 | 0 |
OtherCurrentAssets | 16,382.27 | 13,555.45 | 11,123.33 | 10,407.73 | 10,271.89 |
Total Current Assets | 34,545.69 | 30,082.28 | 27,861.98 | 28,334.02 | 32,703.53 |
Total Assets | 59,417.43 | 59,803.91 | 56,708.32 | 55,701.23 | 60,235.66 |
OTHER ADDITIONAL INFORMATION |
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CONTINGENT LIABILITIES, COMMITMENTS |
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Contingent Liabilities | 9,975.98 | 7,661.56 | 7,022.46 | 6,324.64 | 8,444.19 |
CIF VALUE OF IMPORTS |
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Raw Materials | 568.77 | 734.51 | 620.73 | 918.13 | 2,239.70 |
Stores, Spares And Loose Tools | 0 | 0 | 0 | 0 | 0 |
Trade/Other Goods | 0 | 0 | 0 | 0 | 0 |
Capital Goods | 42.18 | 6.21 | 4.75 | 35.39 | 65.15 |
EXPENDITURE IN FOREIGN EXCHANGE |
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Expenditure In Foreign Currency | 119.62 | 114.59 | 78.3 | 65.89 | 97.59 |
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS |
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Dividend Remittance In Foreign Currency | -- | -- | -- | -- | -- |
EARNINGS IN FOREIGN EXCHANGE |
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FOB Value Of Goods | 351.19 | 395.58 | 775.33 | 1,101.64 | 2,717.61 |
Other Earnings | 710.85 | 1,188.99 | 1,701.50 | 641.03 | 1,162.12 |
BONUS DETAILS |
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Bonus Equity Share Capital | 464.27 | 464.27 | 464.27 | 464.27 | 464.27 |
NON-CURRENT INVESTMENTS |
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Non-Current Investments Quoted Market Value | -- | -- | -- | -- | -- |
Non-Current Investments Unquoted Book Value | 667.6 | 669.54 | 669.71 | 670 | 669.51 |
CURRENT INVESTMENTS |
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Current Investments Quoted Market Value | -- | -- | -- | -- | -- |
Current Investments Unquoted Book Value | -- | -- | -- | -- | -- |
This balance sheet is referred to from the MoneyControl website.
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Conclusion
Thus, we have included all the information about the stock here. With its strong market position, innovative capabilities, and strategic objectives, BHEL is well-positioned for long-term success. Thus, as the need for this industry grows, so does the stock's potential for future gains.
FAQs
1. Is BHEL good for the long term?
Yes, BHEL is a good long-term investment, especially with the shift to electric engines and strong fundamentals.
2. What is the future of BHEL?
BHEL's future looks promising, with projected earnings growth of 64.4% and revenue growth of 19.9% per annum over the next few years.
3. Is BHEL overvalued or undervalued?
BHEL is currently overvalued by 21%, with an intrinsic value of ₹221.33 compared to a market price of ₹281.3.
4. Why is BHEL share falling?
BHEL shares are falling due to high valuations, leading to price corrections after recent rallies in PSU stocks.
Disclaimer
This article is just for informational purposes. Forecasting of the share price targets is based on and referred to from various sources, media reports, and predictions done by brokerage houses from time to time.
We also state that we are not SEBI-registered financial advisors. So, kindly, before taking any kind of investment in the shares, please do counsel with the certified financial advisories.
If you have any corrections or find any wrong information, do let us know at our official [email protected].