To the full analysis
Bharat Heavy Electricals stock: growth
BHEL.NSBharat Heavy Electricals reported $3.59B in revenue for fiscal 2026, up 23.5% on the prior year, up 15.7% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
3.6%
per year from 2007 to 2026, per share 3.6%
Earnings (Annual rate)
−2.1%
per year from 2007 to 2026, per share −5.4%
Free cash flow (Annual rate)
4.2%
per year from 2007 to 2026, per share 4.2%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 15.7% | 2.8% | 3.6% |
| Revenue per share | 15.7% | 3.4% | 3.6% |
| Earnings | no data | no data | −2.1% |
| Earnings per share | no data | no data | −5.4% |
| Free cash flow | 75.8% | no data | 4.2% |
| Free cash flow per share | 75.8% | no data | 4.2% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $1.83B | $256.65M | $252.86M |
| 2008 | $2.05B | $303.91M | $294.94M |
| 2009 | $2.82B | $331.11M | $223.95M |
| 2010 | $3.52B | $459.9M | −$10.4M |
| 2011 | $4.45B | $643.4M | $54.53M |
| 2012 | $5.08B | $753.31M | −$242.99M |
| 2013 | $5.15B | $711.43M | −$437.91K |
| 2014 | $4.16B | $372.31M | $309.07M |
| 2015 | $3.23B | $154.37M | $52.67M |
| 2016 | $2.71B | −$74.84M | −$112.21M |
| 2017 | $2.94B | $48.6M | $19.17M |
| 2018 | $2.97B | $46.89M | $75.23M |
| 2019 | $3.13B | $106.83M | −$458.21M |
| 2020 | $2.18B | −$155.82M | −$353.52M |
| 2021 | $1.73B | −$286.67M | $33.08M |
| 2022 | $2.14B | $47.41M | $52.17M |
| 2023 | $2.35B | $67.75M | −$98.75M |
| 2024 | $2.44B | $30M | −$419.35M |
| 2025 | $2.91B | $56.75M | $203.11M |
| 2026 | $3.59B | $170.09M | $555.53M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 17 Jul 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.