Hello Friends! Are you looking to invest in the stock market, or have you already invested? Would you like to know the predictions regarding the potential fluctuations in your shares? If so, you have landed on exactly the right page. On this page, you will find information regarding BHEL share price dividend, BHEL share price target 2030, BHEL share price tradingview, BHEL share News, BHEL share price chart, BHEL Share Price Moneycontrol, and much more. Furthermore, this page provides details on BHEL‘s share price targets 2026, 2027, 2028, 2029, 2030, 2040, and beyond.
BHEL Company Information
| Industry | Aerospace Defence Electrical equipment Battery manufacturing Forging Locomotive Nuclear power Rail transport Hydropower Thermal power station Renewables |
| Founded |
1956; 70 years ago |
| Founder | Government of India |
| Headquarters | New Delhi, India |
| Key people | K S Murthy (chairman & Managing Director) |
BHEL Share Price Target Overview
- Current Price – 403.40
- Open – 385.50
- High – 406.95
- Low – 383.45
- Mkt cap – 1.41LCr
- P/E ratio – 87.95
- 52-wk high – 406.95
- 52-wk low – 205.12
- Dividend – 0.12%
- Qtrly div amt – 0.12
BHEL Share Price Chart

BHEL Share Price Target Tomorrow
| BHEL Share Price Target Years | BHEL Share Price Target |
| 2026 | ₹410 |
| 2027 | ₹590 |
| 2028 | ₹760 |
| 2029 | ₹940 |
| 2030 | ₹1110 |
BHEL Share Price Target 2026
The target for BHEL’s share price in 2026 is projected to range between ₹400 and ₹410. As of the start of May 2026, BHEL’s share price stood at ₹403.40. Compared to the previous year, BHEL’s share price has witnessed an increase this year.
BHEL Share Price Target 2027
The target for BHEL’s share price in 2027 is projected to range between ₹580 and ₹590. On 7 May 2026, BHEL Share price NSE is 403.40 INR. Compared to last year, no significant difference has been observed in the share price of BHEL. The share price has increased by approximately 170-180 rupees.
BHEL Share Price Target 2030
The target for BHEL’s share price in 2030 is projected to range between ₹1100 and ₹1110. Over the past several years, the company has generated substantial profits, and investors, too, have earned handsome returns proportionate to their shareholdings. We remain optimistic that the company will continue to generate profits in the future, thereby ensuring continued returns for its investors.
Risks and Challenges Of BHEL Share Price
Here are 8 key factors affecting the growth of BHEL share price:
- Execution Delays in Large Projects – BHEL handles large power and infrastructure projects, where delays in execution can hurt revenue recognition, increase costs, and impact investor confidence.
- Dependence on Thermal Power Sector – A major part of BHEL’s business still comes from thermal power equipment. The global shift toward renewable energy could reduce long-term demand for coal-based power projects.
- Rising Competition from Private Players – The company faces strong competition from private Indian and global engineering firms with better efficiency, faster execution, and stronger margins. This can pressure BHEL’s market share and profitability.
- Thin Profit Margins – Despite strong order inflows, BHEL has struggled with low operating margins and weak return ratios in recent years. Cost overruns and legacy contracts remain a challenge.
- Raw Material Price Volatility – Fluctuations in steel, copper, and other industrial material prices can increase project costs. If BHEL cannot pass on higher costs to customers, profitability may decline.
- Heavy Dependence on Government Orders – As a PSU company, BHEL depends heavily on government and PSU contracts. Any slowdown in government spending, policy changes, or delayed approvals can affect future order inflows.
- Working Capital and Payment Delays – Delayed payments from clients and high receivables can create cash flow pressure. Long project cycles also increase working capital requirements for the company.
- High Stock Valuation and Volatility – BHEL shares have seen sharp rallies, leading to concerns about expensive valuations compared to earnings and return ratios. High volatility can increase downside risk during market corrections.
Read Also:- Voltas Share Price Target Tomorrow From 2026 to 2030 – Current Chart, Market Overview
Key Factors Affecting Growth BHEL Share Price
Here are 8 key factors affecting the growth of BHEL share price:
1. Strong Order Book Growth
- BHEL’s biggest growth driver is its huge order book.
- The company secured around ₹75,000 crore of fresh orders in FY26, with a total order book near ₹2.4 lakh crore.
2. Government Infrastructure Spending
- BHEL benefits heavily from India’s focus on power, railways, defence, and infrastructure projects.
- Higher government spending usually increases project opportunities for the company.
3. Power Sector Expansion
- India’s rising electricity demand supports thermal, hydro, and nuclear power projects.
- BHEL continues to win large power-sector contracts, which supports future revenue growth.
4. Execution of Existing Projects
- Faster completion of projects improves revenue and profits.
- BHEL commissioned around 8.9 GW power capacity in FY26, showing improving execution strength.
5. Diversification Beyond Thermal Power
- The company is expanding into defence, railways, transmission, renewables, and industrial equipment.
- Diversification reduces dependence on a single business segment.
6. Renewable & Green Energy Opportunities
- India’s clean-energy push creates opportunities in solar, hydrogen, and grid infrastructure.
- BHEL’s involvement in renewable and green-energy projects can support long-term growth.
7. Improvement in Financial Performance
- Revenue growth, profitability improvement, and positive cash flow increase investor confidence.
- BHEL reported around 18% revenue growth in FY26.
8. Market Sentiment Toward PSU Stocks
- BHEL share price is also influenced by investor sentiment toward PSU and infrastructure stocks.
- Positive government policies and strong quarterly results often create buying momentum.
BHEL Shareholding Pattern

| Promoter | 58.2% |
| FII | 7.2% |
| DII | 24% |
| Public | 10.6% |
Income Statement Of BHEL

|
All values in INR
|
Mar 2025
|
Jun 2025
|
Sep 2025
|
Dec 2025
|
|---|---|---|---|---|
|
Revenue
|
89.93B
|
54.87B
|
75.12B
|
84.73B
|
|
Cost of goods sold
|
61.71B
|
38.87B
|
52.14B
|
58.62B
|
|
Cost of revenue
|
61.71B
|
38.87B
|
52.14B
|
58.62B
|
|
Research and development expenses
|
–
|
–
|
–
|
–
|
|
Total research and development expenses
|
–
|
–
|
–
|
–
|
|
Selling, general, and admin expenses
|
16.04B
|
14.62B
|
14.80B
|
15.31B
|
|
Operating expense
|
22.02B
|
22.12B
|
17.93B
|
21.43B
|
|
Total operating expenses
|
83.73B
|
60.99B
|
70.06B
|
80.06B
|
|
Operating income
|
6.20B
|
-6.12B
|
5.05B
|
4.67B
|
|
Other non operating income
|
-3.21B
|
1.71B
|
1.75B
|
2.19B
|
|
EBT including unusual items
|
7.04B
|
-6.08B
|
4.99B
|
5.20B
|
|
EBT excluding unusual items
|
6.85B
|
-6.08B
|
4.99B
|
5.20B
|
|
Income tax expense
|
2.00B
|
-1.53B
|
1.24B
|
1.29B
|
|
Effective tax rate
|
28.39%
|
25.09%
|
24.91%
|
24.90%
|
|
Other operating expenses
|
-393.20M
|
6.75B
|
2.37B
|
5.35B
|
|
Net income
|
5.04B
|
-4.56B
|
3.75B
|
3.90B
|
|
Net profit margin
|
5.61%
|
-8.30%
|
4.99%
|
4.61%
|
|
Earnings per share
|
1.45
|
-1.31
|
1.06
|
1.10
|
|
Interest and investment income
|
4.03B
|
–
|
–
|
–
|
|
Interest expense
|
-1.62B
|
-1.81B
|
-1.95B
|
-1.82B
|
|
Net interest expenses
|
2.40B
|
-1.81B
|
-1.95B
|
-1.82B
|
|
Depreciation and amortization charges
|
850.20M
|
745.20M
|
754.60M
|
779.90M
|
|
EBITDA
|
6.73B
|
-5.59B
|
5.80B
|
5.20B
|
|
Gain or loss from assets sale
|
–
|
–
|
–
|
–
|

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