Latest Update: BHEL Share Price Target 2026: Bharat Heavy Electricals Limited (BHEL) is a leading Government of India enterprise and a cornerstone of India’s power and industrial infrastructure. Established in 1964, BHEL manufactures equipment for power generation, transmission, railways, defence, and heavy engineering sectors. Its strong presence in thermal power, coupled with expanding opportunities in renewables and rail electrification, keeps BHEL relevant in India’s evolving energy landscape.
According to disclosures from BHEL’s official website and Ministry of Heavy Industries, the company plays a strategic role in national infrastructure and energy security.
Key Financial Metrics: EPS, PE Ratio, and ROE
For investors, tracking BHEL EPS, PE ratio, and ROE helps assess financial recovery and valuation.
| Company Name | Bharat Heavy Electricals Limited |
|---|---|
| Market Capitalization | ₹ 2,24,524 Cr. |
| P/E Ratio (TTM) | 110 |
| Book Value | ₹ 70.1 |
| Face Value | 2.00 |
| Dividend Yield | 0.20 % |
| EPS (TTM) | 1.53 |
| ROE | 2.12% |
| ROCE | 4.87 % |
| 52 Week High | 305.90 |
| 52 Week Low | 176.00 |
| Official Website | Bharat Heavy Electricals Limited |
Growth over the Last Past 5 Years
| Financial Year | Total Assets (₹ Cr) | Revenue (₹ Cr) | Profit (₹ Cr) |
|---|---|---|---|
| 2021 | 55,051 | 17,309 | -2,700 |
| 2022 | 65,455 | 21,211 | 445 |
| 2023 | 77,727 | 23,365 | 654 |
| 2024 | 75,122 | 23,893 | 282 |
| 2025 | 83,045 | 28,339 | 534 |
BHEL Share Price Target 2026 to 2030 (Estimated)
| Year | Estimated Share Price Target (₹) |
|---|---|
| 2026 | ₹280 – ₹320 |
| 2027 | ₹320 – ₹360 |
| 2028 | ₹360 – ₹400 |
| 2029 | ₹400 – ₹450 |
| 2030 | ₹450 – ₹500 |
BHEL Investor Shareholding Ratios
| Investor Category | Holding (%) |
|---|---|
| Promoters | 63.17% |
| Mutual Funds | |
| Retail & Others | 10.85% |
| Foreign Institutions | 6.28% |
| Other Domestic Institutions | 19.70% |
These figures are sourced from audited filings on BSE India and covered by publications like Business Standard and Economic Times.
Also Read
BHEL Share Price Target 2026
Driven by power sector revival and infrastructure spending, the BHEL share price target 2026 is estimated in the range of ₹280–₹320. Execution of thermal and railway projects will be critical.
BHEL Share Price Target 2027
By 2027, benefits from large power equipment orders and defence manufacturing may become visible. Analysts project the BHEL share price target 2027 around ₹320–₹360, assuming stable government capex.
BHEL Share Price Target 2028
With consistent order inflows and margin expansion, the BHEL share price target 2028 could reach ₹360–₹400. Focus on cost control and project timelines remains essential.
BHEL Share Price Target 2029
The BHEL share price target 2029 is estimated between ₹400–₹450. Improved ROE and lower working capital stress may support valuations.
BHEL Share Price Target 2030
Looking long term, experts place the BHEL share price target 2030 in the range of ₹450–₹500. Growth will depend on India’s power demand, renewable integration, and sustained infrastructure investment.
Final Thoughts
BHEL is a classic cyclical PSU stock with improving fundamentals and a strong order book. While execution risks remain, its strategic importance and government-backed projects provide long-term visibility. Investors should track quarterly results, order inflows, and policy developments closely.