)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Bharat Heavy Electricals
Bharat Heavy Electricals (500103) investor relations material
Bharat Heavy Electricals Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary14 Oct, 2026
Executive summary
Order book reached Rs. 2,57,571 crore at 30 Sep 2026, up 17.27% YoY; execution and cash conversion are key to realizing its value.
Q2 revenue rose 24% YoY and EBITDA 69%; H1 revenue increased 31% and EBITDA 392%, with net profit recovering from a loss to profit.
Financial highlights
Standalone Q2 revenue was ₹9,300.35 crore versus ₹7,511.80 crore YoY; net profit was ₹809.62 crore versus ₹367.67 crore, and EPS was ₹2.33 versus ₹1.06.
Standalone H1 revenue was ₹16,998.07 crore; net profit was ₹1,191.53 crore versus a loss of ₹87.22 crore, and PBT was ₹1,590.65 crore versus a loss of ₹115.42 crore.
Q2 EBITDA was Rs. 1,286 crore, up 69% YoY; H1 EBITDA was Rs. 2,020 crore, up 392%. EBITDA margin was 13.4% in Q2 and 11.6% in H1.
Customer collections increased 33% YoY to Rs. 13,179 crore in Q2 and 34% to Rs. 24,183 crore in H1; Q2 trade receivables were Rs. 9,718 crore.
Consolidated Q2 net profit was ₹820.94 crore; H1 consolidated net profit was ₹1,197.65 crore versus a loss of ₹80.61 crore.
Outlook and guidance
FY27 capacity-addition target is 4,790 MW; 2,260 MW was achieved in H1, including 660 MW in Q2.
H1 FY27 orders secured totaled ~Rs. 30,000 crore, including ~Rs. 4,000 crore in Q2; execution is emphasized to convert backlog into revenue, margins and cash.
Projected FY27 peak power demand of 270–280 GW and a ~250 GW installed thermal fleet support opportunities in new builds, renovation, spares and services.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Bharat Heavy Electricals
- Record order inflows and stronger profits drove FY97 growth despite industrial weakness.500103
Q4 96/97 - Higher profit, a record order book and lower debt offset weak industrial conditions.500103Q4 97/98
- Record turnover and power orders offset falling profits amid a weak industrial climate.500103Q4 98/99
- PAT rose 10.1% despite lower turnover and pre-tax profit.500103Q4 99/00
- Turnover and profit declined as delayed orders and wage costs hit results; backlog topped Rs 100bn.500103Q4 00/01
- Orders surged 77% as FY02 turnover rose 15% and PAT climbed 50%.500103Q4 01/02
- Record turnover and export orders offset by lower PAT and delayed power-sector investment.500103Q4 02/03
- Profit and orders surged, with a record Rs 236,500 million year-end order book.500103Q4 03/04
- Profit and orders surged as capacity expansion met cost and collections risks.500103Q4 04/05
- Record growth and export orders, backed by a Rs.376 billion order book and capacity expansion.500103Q4 05/06
Next Bharat Heavy Electricals earnings date
Q3 26/2713 Jan, 2027
Bharat Heavy Electricals
Next Bharat Heavy Electricals earnings date
Q3 26/2713 Jan, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Bharat Heavy Electricals Limited (BHEL) is an India-based engineering and manufacturing company primarily engaged in the design, production, and servicing of power generation and industrial equipment. The company provides products and solutions for thermal, hydro, nuclear, and solar power plants, as well as transmission systems, transportation, and defense sectors. BHEL's offerings include turbines, boilers, generators, transformers, and control systems, along with engineering, procurement, and construction (EPC) services. The company operates manufacturing units, service centers, and project sites across India. Bharat Heavy Electricals Limited is headquartered in New Delhi, India, and its shares are listed on the BSE.