BHEL Q1 FY27: Revenue Surges 40% to ₹7,698 Crore, EBITDA Turns Positive
BHEL's Q1 FY27 revenue soared 40% to ₹7,698 Cr. EBITDA turned positive at ₹735 Cr, and PAT reached ₹382 Cr. The order book grew 27% to ₹2,60,255 Cr. The company secured its largest export order for 8 GTG packages and is entering a multi-year growth phase.
The announcement details a strong financial turnaround, significant order wins including a record export order, and strategic diversification into new growth areas, which are all material factors impacting the company's future performance and investor sentiment.
The company reported significant year-on-year growth in revenue, a turnaround in EBITDA and profit, and a substantial increase in its order book, indicating a positive financial performance and future outlook.
Bharat Heavy Electricals Limited (BHEL) has released supplementary information for its Q1 FY2026-27 results, highlighting a significant turnaround and entry into a multi-year growth phase. The company reported a 40% increase in Revenue from Operations to ₹7,698 Crore for Q1 FY27, compared to ₹5,487 Crore in Q1 FY26. Gross Operating Margin improved by 48% to ₹2,516 Crore. Notably, the company achieved a positive EBITDA of ₹735 Crore, a significant turnaround from a negative EBITDA of (₹352) Crore in the previous year's quarter. Profit Before Tax also turned positive at ₹513 Crore, compared to (₹607) Crore, and Profit After Tax stood at ₹382 Crore, up from (₹455) Crore in Q1 FY26.
Total customer collections increased by 34% to ₹11,004 Crore. The company's outstanding order book (OB) grew by 27% to ₹2,60,255 Crore, providing strong long-term revenue visibility. BHEL secured significant orders in Q1 FY27, including its largest-ever single export order for 8 Gas Turbine Generator (GTG) Packages. The company also sustained its leadership in thermal power projects and saw traction in non-thermal areas like nuclear, transmission, defence, oil & gas, and transportation.
BHEL is focusing on leveraging its order book for profitable growth with higher margins and stronger cash generation. Future growth engines include nuclear, coal gasification, and green hydrogen, while diversifications into HVDC, green energy corridors, defence, and rail mobility are reducing dependence on any single sector. The company anticipates India's infrastructure and energy expansion to create substantial demand opportunities.
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Bharat Heavy Electricals Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Bharat Heavy Electricals Limited. Read the original for the full detail.