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BHARAT HEAVY ELECTRICALS LTD.34.20 0.40 (1.18%)

  • BSE: 532454
  • |
  • NSE: BHEL
  • |
  • ISIN NO: INE257A01026
  • |
  • INDUSTRY: Heavy Electrical Equipment
Profile

BHEL

Bharat Heavy Electricals Limited or BHEL

It was established in the mid-fifties in 1956 and became the most significant engineering as well as the manufacturing enterprise in India in the energy-related/infrastructure sector. It was established 40 years ago, ushering in the indigenous Heavy Electrical Equipment industry in India, which was a dream that has been more than realized with a well–recognized track record of the performance. The Company has also been earning p ... rofits since the year 1971–72 and paying dividends since 1976–77. Also, BHEL has diversified its product base over the few years, and recently it caters to the needs of almost all the critical sectors of the Economy. Additionally, the power generation equipment, BHEL products provide to a broad spectrum of customers encompassing in various fields of operation such as Fertilizers & Petrochemicals, and Refineries, and Oil Exploration and production, Steel and metals, sugar and paper plants, cement, transportation and also some non–conventional energy sources, and so much more. With such a massive network of about 15 manufacturing Units located at various urgent centers all over the India, BHEL also manufactures almost every type of critical high technology products which are required for the power sectors such as Gas Turbines, Steam Turbines, Turbo generators, Boilers, Pumps and Heat exchangers, Pulverizes and electrical switch gears as well. It also manufactures over 180 products under 30 major product groups which caters to the core sectors of the Indian Economy via Power Generation & Transmission, Industry, Transportation, Telecommunication, Renewable Energy, and so much more. The extensive network of BHEL's 15 manufacturing divisions, four Power Sector regional centers, over 100 project sites, eight services, and has 18 regional offices which enable the Company to promptly serve all of its customers and provide them with the most suitable products, systems, and services efficiently and at very competitive prices. The high level of both quality & reliability of its products is due to the emphasis on design, and engineering, and manufacturing to international standards by acquiring and adapting some of the best technologies from leading companies in the World, and simultaneously with technologies developed in its R&D centers. Its operations are being organized around three business sectors, which are Power, Industry including Transmission, Transportation, Telecommunication & Renewable Energy and also an overseas business. It enables the Company to have a strong customer orientation, and to be sensitive to his needs and also respond quickly to the coming changes in the market. The Company's greatest strength is its highly skilled and committed 42,600 employees. As every employee is given an equal opportunity to develop and groom himself and also grow in his career. The continuous training and retraining, career planning, and positive work culture, and the participative style of management? All of these have engendered development of a committed and also motivated the workforce for setting the new benchmarks in terms of quality, productivity, and responsiveness.

Some of the Awards are listed below:

  1. BHEL was ranked the Ninth Most Innovative Company in the World by the renowned US business magazine Forbes in 2011
  2. The BHEL wins ICWAI National Awards for Excellence in Cost Management for the sixth consecutive year; a maximum number of awards conferred on BHEL among public and private sector companies.
  3. The BHEL's Innovativeness gets Global Recognition; Forbes ranks BHEL at No.9 in the list of the World's 100 Most Innovative Companies.
  4. BHEL receives Golden Peacock Award 2011 for Occupational Health and Safety.

Some of the Achievements:

  1. It has installed equipment for over 90,000 MW of power generation for Utilities, Captive and Industrial users.
  2. It has supplied over 2,25,000 MVA transformer capacity, and it has other equipment operating in Transmission & Distribution network up to the 400 kV (AC & DC).
  3. It has supplied over 25,000 Motors with Drive Control System to Power projects, Petrochemicals, Refineries, Steel, Aluminum, Fertilizer, Cement plants, and much more.
  4. It has supplied Traction electrics and AC/DC locos to power over a 12,000 km Railway network.
  5. It has provided over one million Valves to Power Plants and other Industries.

Some of the Products and Services offered by the Company:

It manufactures a wide range of Power plant equipment and also caters to the industry sector.
  • Power
  • Air Preheaters
  • Boilers
  • Control Relay Panels
  • Electrostatic Precipitators
  • Fabric Filters
  • Fans
  • Gas Turbines
  • Hydro Power Plant
  • Piping Systems
  • Pulverizers
  • Pumps
  • Seamless Steel Tubes
Some of the Industries:
  • Capacitors
  • Ceralin
  • Compressors
  • Desalination Plants
  • Diesel Generating Sets
  • Industrial Motors & Alternators
  • Gas Turbines
  • Oil Field Equipment
  • Solar Photovoltaics
  • Power Semiconductor Devices
  • Seamless Steel Tubes
  • Sootblowers
Some of the Transmissions facilities:
  • Bushings
  • Capacitors
  • Control Relay Panels
  • Dry–Type Transformers
  • Energy Meters
  • HVDC Transmission System
  • Insulators
  • Switchgear
Some of the transportation facilities:
  • Electric Rolling Stock
  • Electrics for Rolling Stock
  • Electrics for Urban Transportation System
Some of the Non-Conventional Energy Sources:
  • Mini/Micro Hydro Sets
  • Solar Lanterns
  • Solar Photovoltaics
  • Solar Water Heating Systems
  • Wind Electric Generators
Some of the R&D Products:
  • Fuel Cells
  • Surface Coatings
  • Automated storage & Retrievals
  • Load Sensors
  • Transparent Conducting Oxide
Some of the other services:
  • Power Generation Systems
  • Turnkey power stations.
  • Combined–cycle power plants.
  • Cogeneration systems.
  • Modernization and rehabilitation of power stations.
  • Erection commissioning, operation and maintenance services.
  • Spares management.
  • Consultancy services.
Some of the transmission systems:
  • Substations switchyards.
  • HVDC transmission systems
  • Shunt and series compensation systems.
  • Power system studies.
  • Erection commissioning, operation and maintenance services.
  • Consultancy services.
Some of the transportation systems:
  • Traction systems
  • Urban transportation systems.
  • Erection commissioning, operation and maintenance services.
  • Consultancy services.
Some of the Industrial Systems:
  • Industrial drives and control systems.
  • Erection commissioning, operation, and maintenance services.
  • Spares management.
  • Consultancy services.

The Achievements: 

  • 2013:
  • BHEL conferred Jury Award for Lasting Impact on Indian Economy
  • CMD, BHEL honored with Lakshya Business Visionary Award 2013
  • BHEL bags PSE Excellence Award 2013 for RnD, Technology Development and Innovation
  • BHEL wins India Pride Award 2013 for Excellence in Heavy Industries
  • 2014:
  • BHEL bags World Intellectual Property Organization (WIPO) Award for Innovative Enterprises
  • BHEL achieves a milestone in the Middle East market with the commissioning of another Gas Turbine–based Power Plant in Oman
  • BHEL bags National Intellectual Property Award 2014

Read More
Key Data
  • Market cap 11091.00 CR.
  • Book value 83.80
  • Stock P/E 0
  • Dividend Yield 6.29%
  • ROCE -0.20%
  • ROE -4.91%
  • Sales Growth (3Y) -8.92%
  • Face Value (3Y) 2.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Not Clear
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM 34.00 34.80
11 AM 34.00 34.80
12 PM 34.00 34.80
1 PM 34.00 34.80
2 PM 34.00 34.80
3 PM 34.00 34.80
Japanese Candlestick Patterns
Candle Pattern 1 :Doji
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 29.43 30.88 32.33 33.07 33.78 34.52 35.23 36.68 38.13
woodie's 30.62 32.07 32.56 33.52 34.01 34.98 35.46 36.42 37.88
fibonacci - 32.33 32.89 33.23 33.78 34.34 34.68 35.23 -
camarilla 33.00 33.40 33.53 33.67 -- 33.93 34.07 34.20 34.60
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 28.15
34.50
31.23 15.56 % 2.25 %
20 DAY 26.95
34.50
29.62 21.58 % 4.01 %
50 DAY 26.75
35.55
29.43 22.24 % 10.93 %
100 DAY 26.75
43.00
33.56 -14.65 % 14.80 %
200 DAY 18.40
44.40
30.77 30.75 % 48.91 %
YTD 18.40
47.75
32.44 -21.85 % 7.80 %
52 Week 18.40
75.50
40.53 -30.74 % 9.87 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Down On 2019-10-31
58.00 ~ 58.10 RESISTANCE
Unfilled Gap Down On 2017-09-28
85.00 ~ 124.00 RESISTANCE
Unfilled Gap Down On 2017-05-30
147.50 ~ 152.80 RESISTANCE
Unfilled Gap Down On 2017-05-18
169.90 ~ 170.00 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by 3.65 %

In Last 5 Year the industry has grown by -3.67 %

Peer comparison

Sales

COMPANY NAME201420152016201720182019
BHEL39561.0031323.0025505.0028465.0028827.0030368.00
SUZLON20403.0019954.009483.0012714.008116.005025.00
SIEMENS10678.0010563.0010837.0011065.0012795.0013767.00
KEC7902.008468.008518.008584.0010053.0011001.00
KALPATPOWR7058.007152.007142.007446.008709.0010840.00
Total 17120.40 15492.00 12297.00 13654.80 13700.00 14200.20

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 Inox Wind Ltd 58177.46 26.35 88.23 0.88% 1436.00 208.82%
2 SIEMENS LTD. 53722.21 1509.30 253.95
3 T D POWER SYSTEMS LTD. 26335.10 85.40 143.22 1.03 126.84 0.10 5.00% 459.00 3.00 0.65% 5.52%
4 Adani Green Energy Ltd 179155.37 1144.90 14.07 1.36% 2058.00 39.05%
5 ABB India Limited 25218.12 1190.70 195.65
6 HPL Electric & Power Ltd 16069.77 25.05 115.35 5.06 8.39 0.42 2.31% 1158.00 33.00 2.85% 11.78% 22.22%
7 BGR ENERGY SYSTEMS LTD. 18715.03 25.90 191.13 2.67 13.31 0.26 1.20% 3273.00 19.00 0.58% 18.75% 5.42%
8 Swelect Energy Systems Limited-$ 11684.65 76.05 447.90 4.49 31.99 0.68 1.65% 227.67 6.83 3.00%
9 BHARAT HEAVY ELECTRICALS LTD. 11783.91 33.80 88.43 2.91 13.61 1.45 5.40% 30368.00 1012.00 3.33% 5.35% 129.48% 1.23%
10 THERMAX LTD. 10757.66 900.95 229.96 28.90 37.13 14.13 32.64% 5973.00 325.00 5.44% 33.77% 40.09% 6.21% 1.18%
11 TRANSFORMERS AND RECTIFIERS (INDIA) LTD. 8625.86 6.58 24.76 0.34 23.97 0.34 1.39% 855.44 4.51 0.53% 19.52% 5.82%
12 Ujaas Energy Limited 6934.98 3.46 11.54
13 KEC INTERNATIONAL LTD. 9489.02 368.20 102.42 19.28 17.65 9.73 3.11% 11001.00 496.00 4.51% 9.43% 7.83% 12.36% 15.54%
14 KALPATARU POWER TRANSMISSION LTD. 4943.33 319.80 203.74 30.42 14.35 15.06 2.92% 10840.00 467.00 4.31% 24.47% 66.19% 12.87% 15.45%
15 Sterling and Wilson Solar Ltd 3960.71 247.05 0.00 39.85 7.68 39.94 6.58% 8240.00 639.00 7.75% 19.91% 41.37%
16 GE Power India Ltd 1869.48 278.00 119.66 11.22 60.36 1.12 3.54% 1903.00 75.00 3.94% 42.23% 177.78%
17 TRIVENI TURBINE LTD. 2555.79 79.10 14.87 3.10 30.71 3.13 51.00% 840.00 100.00 11.90% 11.85% 4.17%
18 SCHNEIDER ELECTRIC INFRASTRUCTURE LTD. 1952.53 81.45 -0.63
19 VOLTAMP TRANSFORMERS LTD. 873.45 866.15 693.98
20 SUZLON ENERGY LTD. 1864.00 3.52 -15.72 5025.00
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • 2.10
    Caution (>1.81 < 2.99)
  • Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 6.98
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

BHEL: Future
TRADING SYMBOL OI VOLUME LAST PRICE LOT SIZE EXPIRY DATE
BHEL20DECFUT 90153000.00 52059000.00 34.50 21000 2020-12-31
BHEL21JANFUT 2688000.00 735000.00 34.50 21000 2021-01-28
BHEL21FEBFUT 399000.00 147000.00 34.40 21000 2021-02-25
ROLLOVER COST: 0.00% (INR 0.00)
ROLLOVER%:3.31%
What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

Read More
Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
BHEL 2014-03-03 LIFE INSURANCE CORPORATION OF INDIA P 114100000.00 165.55
BHEL 2014-03-03 PRESIDENT OF INDIA THROUGH DEPARTMENT OF INDUSTRY, MINISTRY OF HE S 114100000.00 165.55
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
BHEL 2014-03-03 LIFE INSURANCE CORPORATION OF INDIA P 114100000.00 165.55
BHEL 2014-03-03 PRESIDENT OF INDIA THROUGH DEPARTMENT OF INDUSTRY, MINISTRY S 114100000.00 165.55
BHEL 2011-10-17 HSBC BANK (MAURITIUS) LIMITED S 228780.00 335.25
BHEL 2011-10-17 ISHARES MSCI INDIA MAURITIUS COMPANY P 228780.00 335.25
BHEL 2010-06-09 ABN AMRO BANK NV P 56805.00 2281.00
BHEL 2010-06-09 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED S 56805.00 2281.00
BHEL 2010-01-14 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED S 58800.00 2335.00
BHEL 2010-01-14 SWISS FINANCE CORPORATION (MAURITIUS) LTD P 58800.00 2335.00
BHEL 2010-01-13 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED S 58800.00 2339.00
BHEL 2010-01-13 CREDIT SUISSE (SINGAPORE) LIMITED A/C CREDIT SUISSE (SINGAPO P 58800.00 2339.00
BHEL 2007-02-13 BARCLAYS CAPITAL MAURITIUS LTD S 32500.00 2320.00
BHEL 2007-02-13 MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. S.V. P 32500.00 2320.00
BHEL 2007-01-24 BARCLAYS CAPITAL MAURITIUS LTD S 35800.00 2315.80
BHEL 2007-01-24 DEUTSCHE SECURITIES MAURITIUS LIMITED P 35800.00 2315.80
Dividend history
Ex Date Amount
2019-09-11 1.20
2019-02-12 0.80
2018-09-11 1.02
2018-02-15 0.80
2017-08-23 0.78
2017-02-14 0.80
2016-09-14 0.40
2015-09-14 0.62
2015-02-16 0.54
2014-09-08 1.52
2014-02-07 1.31
2013-09-06 3.29
2013-02-05 2.12
2012-09-06 3.68
2012-03-06 2.72
2011-08-10 17.90
2011-03-18 13.25
2010-09-01 12.30
2010-02-09 11.00
2009-09-01 8.00
2009-02-17 9.00
2008-09-01 6.25
2008-02-13 9.00
2007-08-30 6.00
2001-08-27 3.00
Bonus Data
Company Name Split Date From Value To Value
BHARAT HEAVY ELECTRICALS LTD. 2017-09-28 1.00 2.00
Split Data
Company Name Split Date From Value To Value
BHARAT HEAVY ELECTRICALS LTD. 2011-10-03 10.00 2.00