PSU-backed Heavy Electrical Company Reports Losses in Q1 FY25; LIC Reduces Stake in the Company, Debt Increased in FY24!

The company’s shares have delivered an impressive return of over 200 per cent to its shareholders.

Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer engaged in the design, engineering, manufacture, erection, testing, commissioning, and servicing of a wide range of products and services for core sectors of the economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defense. It is the flagship engineering and manufacturing company of India, owned and controlled by the Government of India.

Today the company announced its Q1 FY25 results, as per the Quarterly Results, in Q1 FY25, Bharat Heavy Electricals Ltd reported a revenue of Rs 5485 crore representing a gain of 9.63 per cent compared to Rs 5003 crore. The operating loss for Q1 FY25 stood at Rs 169 crore compared to an operating loss of Rs 178 crore. The net loss for Q1 FY25 was Rs 211 crore compared to Rs 205 crore.

Today the shares of Bharat Heavy Electricals Ltd closed at Rs 315.50 per share. The company’s current market capitalization stands at Rs 109859 crore. The stock has delivered a return of over 200 per cent in the past 1 year.

As per the shareholding pattern of BHEL, promoters hold a 63.17 per cent stake, while public investors possess a 12.71 per cent stake. Foreign Institutional Investors (FIIs) own 9.10 per cent, and Domestic Institutional Investors (DIIs) hold 15.03 per cent. LIC reduced its stake in the company during Q1 FY25.

Investors must keep this Large-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.