Synopsis:
Bharat Heavy Electricals Limited has secured a major order worth Rs.6,650 crore from NTPC Limited for setting up a new 1×800 MW Supercritical Thermal Power Project (Stage-II) in Odisha.
The shares of one of the largest engineering and manufacturing companies in India are engaged in designing, engineering, manufacturing, building, testing, commissioning, and servicing a wide range of products and solutions that support key sectors of the economy gained momentum after securing an order worth Rs.6,650 crores.
With a market capitalization of Rs. 91,647.91 crores, the shares of Bharat Heavy Electricals Limited were trading at Rs.263.20, up by 1.25 percent from its previous day’s closing price of Rs.259.95.
Order
Bharat Heavy Electricals Limited has received an order worth Rs.6,650 crores from NTPC Limited. The contract involves the engineering, procurement, and construction work for setting up a new 1×800 MW supercritical thermal power project (Stage-II) at the Darlipali STPP site in Sundargarh district, Odisha.
The company will be responsible for the project’s complete execution—including design, engineering, supply, construction, installation, and commissioning within 48 months of receiving the order.
The company recorded its highest-ever annual order booking of Rs.92,535 crore in FY25, a rise from Rs.77,907 crore in FY24. This growth continued in Q4FY25, with new orders worth Rs.44,588 crore. As of March 31, 2025, the company’s outstanding order book reached a record Rs.1,96,328 crore. Of this, about 80 percent or Rs.1,57,922 crore comes from the power sector, 18 percent or Rs.34,826 crore comes from the industry segment, and the remaining 2 percent or Rs.3,580 crore from export orders.
About the Company
Bharat Heavy Electricals Limited is a leading integrated power plant equipment manufacturer and one of India’s largest engineering and manufacturing enterprises. It is also recognized globally in the power sector. The company designs, engineers, manufactures, constructs, tests, commissions, and services a diverse range of products and systems catering to key industries such as power, transmission, industry, transportation, renewable energy, oil and gas, and defence.
Revenue increased to Rs.7,512 crore in Q2FY26 from Rs.6,584 crore in Q2FY25, while net profit grew from Rs.106 crore to Rs.375 crore over the same period. It reported a return on equity of 2.12 percent and a return on capital employed of 4.87 percent. The company’s P/E ratio stands at 164.32, above the industry average of 48.96.
Written by: Jhanavi Sivakumar
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