Bharat Heavy Electricals Ltd (BHEL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Bharat Heavy Electricals Ltd on NSE and BSE, with an AI summary of each filing.
Receipt of orders/ contracts
Others (Uncategorized) · 04 Nov 2026, 2:26 pm
BHEL Secures Major Power Equipment Contracts from Adani Power Bharat Heavy Electricals Limited (BHEL) received orders from Adani Power Limited on 4th Nov'26 for four domestic thermal power projects of 2x800 MW capacity each. The scope entails the supply of equipment—including boiler, turbine, and generator sets along with auxiliaries—and agreed services. Each of the four contracts is valued at Rs. 5,000–7,000 Cr. (excluding GST), translating to an aggregate deal size of Rs. 20,000–28,000 Cr. Execution timelines will align with customer project schedules.
Investor Meet
Intimation · 29 Oct 2026, 8:30 pm
BHEL Schedules Analyst and Institutional Investor Meetings in Mumbai Bharat Heavy Electricals Limited (BHEL) will participate in physical investor meetings in Mumbai on 4th Nov'26. The schedule comprises a one-to-one meeting with investors at 09:00 hrs followed by a group investor meeting at 17:00 hrs. BHEL confirmed that no formal presentations will be delivered and discussions will strictly refer to publicly available information.
Changes in Senior Management
Change in Management · 25 Oct 2026, 3:10 pm
BHEL Announces Senior Management Superannuation and Key Leadership Appointments Bharat Heavy Electricals Limited (BHEL) announced changes in its senior management pursuant to Regulation 30 of SEBI LODR Regulations. Shri Jitendra Das, Executive Director (IS & IO), superannuated on 24th Oct'26. Effective 25th Oct'26, Shri Rajeeva Srivastava has been appointed as General Manager & Head (International Operations), and Shri Amit Gupta has been named General Manager & Head (Defence & Aerospace Business Group), Industry Sector. Both executives bring 34 years of internal experience to their roles and will report to Director (IS & P).
Appointment of Shri Manepalli Sridhar, Director (Human Resources) on the Board of BHEL
Change in Management · 22 Oct 2026, 11:30 pm
BHEL Appoints Manepalli Sridhar as Director (Human Resources) Bharat Heavy Electricals Limited (BHEL) has appointed Manepalli Sridhar as Director (Human Resources) to its Board, effective 22nd Oct'26 until his superannuation on 31st Aug'28, or until further orders. Prior to this, Sridhar served as Executive Director (Human Resources) at BHEL's Corporate Office. With over 36 years of experience since joining as an Engineer Trainee in 1990, his background spans manufacturing, commercial operations, project execution, and industrial relations. He holds no inter-se relationships with other directors on the board.
BHEL Q2 FY 2026-27 Results: Supplementary Information
Others (Uncategorized) · 14 Oct 2026, 8:47 pm
BHEL Posts Strong Q2 FY27 Performance with Surging Profitability and Robust Order Backlog BHEL reported strong standalone results for Q2 FY27, with revenue growing 24% YoY to Rs. 9,300 crore and EBITDA jumping 69% YoY to Rs. 1,286 crore as margins expanded 350 bps to 13.4%. Net profit surged 120% YoY to Rs. 810 crore. Total customer collections rose 33% YoY to Rs. 13,179 crore, reducing receivable days to 94 from 120. The outstanding order book reached Rs. 2,57,571 crore as of 30th Sep'26, up 17.27% YoY, supported by Rs. 30,000 crore in order inflows during H1 FY27.
Decisions at Board Meeting held on 14.10.2026
Others (Uncategorized) · 14 Oct 2026, 7:20 pm
BHEL Approves ₹500 Crore Capex for Haridwar Unit and Internal Unit Merger BHEL's Board of Directors approved a capital investment proposal of approximately ₹500 crore on 14th Oct'26 to establish additional manufacturing facilities for Thermal and Nuclear Sets at its HEEP-Haridwar unit. Additionally, the Board sanctioned the merger of the Electrical Machines Repair Plant (EMRP), Mumbai, into the Electronics Division (EDN), Bengaluru. The restructuring will consolidate operations under EDN as a single merged unit, effective 1st Nov'26.
Bharat Heavy Electricals Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 14 Oct 2026, 7:08 pm
As per attachment
Financial Result · 14 Oct 2026, 7:06 pm
As per attachment
Financial Result · 14 Oct 2026, 7:05 pm
Bharat Heavy Electricals Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) ■ Revenue: 9,300 (+23.8% YoY | +20.8% QoQ) ■ EBITDA: 1,026 (+76.6% YoY | +103.6% QoQ) ■ EBITDA Margin (%): 11.0 (+330 bps YoY | +448 bps QoQ) ■ PAT: 821 (+119.0% YoY | +117.9% QoQ) ■ EPS (INR): 2.36 (+118.5% YoY | +118.5% QoQ) Bharat Heavy Electricals Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) Segmental Performance Power ■ Revenue: 6,638 (+17.0% YoY | +12.1% QoQ) ■ EBIT: 858 (+44.6% YoY | +52.5% QoQ) ■ EBIT Margin (%): 12.9 (+247 bps YoY | +342 bps QoQ) Industry ■ Revenue: 2,662 (+45.0% YoY | +49.7% QoQ) ■ EBIT: 519 (+85.2% YoY | +113.8% QoQ) ■ EBIT Margin (%): 19.5 (+423 bps YoY | +584 bps QoQ)
BHARAT HEAVY ELECTRICALS LIMITED has informed the Exchange about Board Meeting to be held on 14-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 14 Oct 2026, 5:30 am
Bharat Heavy Electricals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/10/2026 ,inter alia, to consider and approve the Unaudited Financial ....
Intimation · 14 Oct 2026, 5:30 am
BHEL Board Meeting Scheduled on 14th Oct'26 for Quarterly Results Bharat Heavy Electricals Limited (BHEL) has scheduled a Board of Directors meeting on 14th Oct'26 to consider and approve the unaudited financial results for the quarter ended 30th Sep'26. In compliance with SEBI insider trading regulations, the trading window for dealing in company securities remains closed for designated persons and their immediate relatives from 1st Oct'26 to 16th Oct'26.
Change in Senior Management
Change in Management · 25 Sept 2026, 3:03 pm
BHEL Announces Senior Management Changes Effective Sep'26 Bharat Heavy Electricals Limited (BHEL) disclosed changes within its senior management team pursuant to SEBI regulations. Y Srinivasa Rao, Executive Director (HPEP), Hyderabad, superannuated from company services on 24th Sep'26. Consequently, Chittimouj Gowri Shankar has been appointed to the Senior Management as General Manager & Head of Heavy Plate & Vessels Plant (HPVP), Visakhapatnam, effective 25th Sep'26, reporting to Director (IS & P). Shankar holds a B.Tech in Computer Science and brings 34 years of experience since joining BHEL on 3rd Feb'92.
As per attachment
Others (Uncategorized) · 18 Sept 2026, 8:46 pm
BHEL Executes Tripartite Agreement to Transition to New RTA Bigshare Services Bharat Heavy Electricals Limited (BHEL) has entered into a tripartite agreement with incoming Registrar and Share Transfer Agent (RTA) M/s Bigshare Services Private Limited and outgoing RTA M/s Alankit Assignments Limited, pursuant to Regulation 7 of SEBI LODR Regulations. This follows the company's previous intimation on 1st Jan'26 regarding the change of RTA services, formalizing the operational transition between the entities as per regulatory requirements.
Signing of Joint Venture Agreement with Titagarh Rail Systems Limited
Others (Uncategorized) · 15 Sept 2026, 9:36 pm
BHEL Signs 50:50 Joint Venture Agreement with Titagarh Rail Systems BHEL signed a Joint Venture Agreement on 15th Sep'26 with Titagarh Rail Systems Limited (TRSL) to incorporate a 50:50 private limited joint venture company (JVC) with an initial paid-up capital of INR 50,00,000. Located in Delhi, each partner will nominate two directors to the board. The domestic JVC will undertake the comprehensive maintenance of supplied Vande Bharat Sleeper Trainsets across their entire 35-year service life, leveraging the combined technical strengths of both companies to ensure operational readiness, safety, and reliability.
Outcome of Board Meeting - Equity Investment in Joint Venture
Others (Uncategorized) · 15 Sept 2026, 12:27 am
BHEL Approves Rs. 65 Crore Equity Infusion into NBPPL Joint Venture Bharat Heavy Electricals Limited (BHEL) board approved an additional cash equity investment of Rs. 65 Crore at face value in NTPC BHEL Power Projects Private Limited (NBPPL) on 14th Sep'26. The capital infusion will maintain BHEL's 50% equity stake in the 50:50 joint venture with NTPC Limited and is targeted for completion in FY 2026-27. The investment is primarily intended to settle urgent liabilities and maintain NBPPL as a going concern following declining provisional turnover of Rs. 1.04 Crore in FY 2025-26.
Bharat Heavy Electricals Limited has informed the Exchange about Outcome of Board Meeting Equity investment in Joint Venture
Outcome · 15 Sept 2026, 12:25 am
BHEL Approves INR 65 Crore Equity Infusion in JV NBPPL BHEL's Board has approved an additional cash equity investment of INR 65 Crore at face value, in one or more tranches, into its 50:50 JV with NTPC, NTPC BHEL Power Projects Private Limited (NBPPL). Expected to complete in FY26-27, the capital infusion aims to settle urgent liabilities and maintain NBPPL as a going concern while preserving BHEL’s 50% stake. NBPPL's provisional turnover for FY25-26 stood at INR 1.04 Crore, compared to INR 3.48 Crore in FY24-25 and INR 18.19 Crore in FY23-24.
Intimation of Appointment of Auditors for FY 2026-27
Change in Auditor · 08 Sept 2026, 9:13 pm
BHEL Appoints Statutory and Branch Auditors for FY 2026-27 Pursuant to Regulation 30 of SEBI LODR Regulations, Bharat Heavy Electricals Limited (BHEL) announced that the Comptroller & Auditor General of India (CAG) appointed its auditors for FY 2026-27 on 8th Sep'26. M/s K Venkatachalam Aiyer & Co and M/s K S Dua & Co were appointed as Joint Statutory Auditors. Additionally, five Branch Auditors were assigned across operational divisions, including the newly appointed M/s Venkatram & Co LLP for the Ranipet Boiler Auxiliary Plant and Southern Region Power Sector. Supplementary audit will be handled by DGA, Power.
Intimation of Manufacturing Unit visit by analyst/ investors group
Intimation · 05 Sept 2026, 11:07 pm
BHEL Schedules Institutional Investor Visit to Haridwar Unit Bharat Heavy Electricals Limited (BHEL) announced that a group of analysts and institutional investors will conduct a physical factory visit to its Heavy Electrical Equipment Plant (HEEP) manufacturing unit in Haridwar. The visit is scheduled for 9th Sep'26 at 13:30 hrs. The company confirmed that interactions during the facility tour will rely solely on publicly available information and documents, in compliance with Regulation 30 of SEBI LODR Regulations.
As per attachment
Others (Uncategorized) · 26 Aug 2026, 9:45 pm
BHEL Fined ₹11.03 Lakh for SEBI Listing Rule Non-Compliance BHEL received notices dated 25 Aug'26 from BSE and NSE, each imposing a fine of ₹11,03,300 for non-compliance with SEBI (LODR) Regulations for the quarter ending Jun'26. The violations relate to board and committee composition, including an insufficient number of Independent Directors (IDs). As of 02 Jun'26, the company had no IDs. BHEL attributes the delay to the Government of India's appointment process and intends to seek a waiver for the fines levied by the stock exchanges.
Change in Management
Change in Management · 25 Aug 2026, 3:12 pm
BHEL Announces Senior Management Change Bharat Heavy Electricals Limited (BHEL) announced a change in its senior management. Shri Sumeet Salhotra, who served as General Manager & Head (COC) at the Corporate Office in Noida, has superannuated from the company's services. His superannuation was effective from 24th Aug'26. The company disclosed this update on 25th Aug'26 as per SEBI regulations.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India
Acquisition/ Disposal of Shares · 18 Aug 2026, 3:35 pm
LIC Reduces Stake in BHEL Through Open Market Sale Life Insurance Corporation of India (LIC) sold 6,98,84,826 shares, or a 2.007% stake, in Bharat Heavy Electricals Ltd (BHEL) via open market sales. The transactions occurred between 09 May'24 and 14 Aug'26. Following the sale, LIC's holding in BHEL has decreased from 7.614% (26,51,28,440 shares) to 5.607% (19,52,43,614 shares). This disclosure was made under SEBI's takeover regulations.
BHEL signs SCA with M/s Hystar AS, Norway for PEM Electrolyser Systems for Green Hydrogen projects
Others (Uncategorized) · 13 Aug 2026, 7:43 pm
BHEL Enters Strategic Pact with Norway's Hystar for PEM Electrolysers Bharat Heavy Electricals Limited (BHEL) signed a Strategic Collaboration Agreement with Hystar AS, Norway, on 13 Aug'26 for PEM electrolyser systems. The tie-up aims for phased indigenization and local manufacturing to serve India's green hydrogen market. This complements BHEL's Jul'26 pact with thyssenkrupp for alkaline electrolysers, positioning it as a key domestic player offering both major technologies. The collaboration strengthens BHEL's project capabilities and supports India's National Green Hydrogen Mission and 'Make in India' initiative. Financial terms remain confidential.
Information to Stock Exchange on BHEL''s Credit Rating Upgrade by M/s India Ratings & Research
Others (Uncategorized) · 12 Aug 2026, 4:45 pm
BHEL's Credit Rating Upgraded by India Ratings & Research India Ratings & Research has upgraded Bharat Heavy Electricals Limited's (BHEL) long-term rating to 'IND AA' from 'IND AA-' with a 'Stable' outlook on 12 Aug'26. The upgrade applies to its ₹80,000 crore total bank loan facilities. The short-term rating for these facilities and for its ₹5,000 crore Commercial Paper/Unsecured Loan was reaffirmed at the highest level of 'IND A1+'. The rating action reflects the company's operational and financial performance up to FY26 and Q1 FY27.
Disclosure under Regulation 30 read with Para A of Part A of Schedule III of SEBI (LODR) Regulations, 2015
Others (Uncategorized) · 31 Jul 2026, 8:07 pm
BHEL Receives Penalty Order from Chennai Customs Authority Bharat Heavy Electricals Limited received an order on 29-Jul'26 from the Principal Commissioner of Customs, Chennai, for wrong availment of Basic Customs Duty. The order imposes a total fiscal liability of Rs. 9,28,872, which comprises a differential duty of Rs. 3,55,728, interest of Rs. 1,87,415, and a penalty plus fine of Rs. 3,85,729. BHEL has stated that the order is appealable and the company will assess its right to appeal. The financial impact is not material.
BHEL''s statement on news being circulated online and through social media about successful development of its 1200kV Transformer
Others (Uncategorized) · 29 Jul 2026, 10:28 pm
BHEL Clarifies News on 1200 kV Transformer is Over a Decade Old Bharat Heavy Electricals Ltd (BHEL) has clarified that recent social media news regarding its 1200 kV Ultra High Voltage AC (UHVAC) Auto Transformer is old. The company successfully tested the 333 MVA 1150/400/33 kV transformer in May'11 and commissioned it at POWERGRID’s National Test Station in Jan'12. Other mentioned transformers (180 MVA/1200 kV and 500 MVA/765 kV) were also developed in 2011 and 2014, respectively. BHEL affirmed it has been a regular supplier of 765 kV equipment since 2014.