Page 16 - Bhel

BHEL: Hopes of a recovery

The results posted on April 7 were an indication of what the Street could expect from Bharat Heavy Electricals Ltd (BHEL) for the March quarter. Therefore, the net profit announced on Friday for the quarter at Rs 360, down 60 per cent over a year, was no shocker. Net revenue, at Rs 9,792 crore, was down 26 per cent over a year, well below the Bloomberg estimate of Rs 10,786 crore. Operating margin is at an abysmal level of 3.7 per cent (19 per cent in Q4 of FY15). However, compared to the December 2015 quarter, when BHEL slipped into operating level losses, impacted by super-critical orders and provisioning for non-recoverable debt, a lot seems to have improved. While Q4, too, witnessed provisioning for debt, as other expenses stood at Rs 2,080 crore, the quantum of provisioning moderated (down 20 per cent over a year).Net profit in the March quarter stood at Rs 360 crore, ahead of the Bloomberg estimates of Rs 307 crore. Other income at Rs 414 crore (including foreign exchange gain of

Bhel reports first ever annual loss

The state-run power firm had recorded a profit of Rs 1,452.38 crore in FY15

BHEL Q4 profit drops 60% to Rs 360 crore

However, total expenses decreased to Rs 9,883.76 crore, over Rs 11,345.53 crore in the year-ago period

BHEL commissions 800 mw supercritical thermal unit in K'nataka

The unit has been commissioned at the 2x800 MW Yeramarus Thermal Power Station (TPS) located in Raichur district of Karnataka, BHEL said in a statement

BHEL commissions 250 mw thermal unit in Maharashtra

The unit has been commissioned at Parli Thermal Power Station (TPS), located in Beed district in the Marathwada region of Maharashtra, Bharat Heavy Electricals Limited (BHEL) said

BHEL wins Rs 1,600 crore order form NTPC & SAIL JV

The equipment will be manufactured at BHEL's Trichy, Haridwar, Bhopal, Ranipet, Hyderabad, Jhansi, Thirumayam and Bengaluru plants

BHEL commissions 660 Mw power plant in Maharashtra

New unit commissioned under an order placed by state-run power producer NTPC

Bhel commissions 500 Mw thermal power unit in Jharkhand

With this, Bhel has supplied 84% of the total coal-based power generating capacity installed by DVC

BHEL commissions 600 Mw thermal power plant in MP

The project has been developed by Jhabua Power, a subsidiary of Avantha Power & Infrastructure Ltd

BHEL bags Rs 282 crore order from NTPC for 50 Mw solar plant in MP

The project is scheduled for completion in twelve months

BHEL continues winning run; shares climb 4%

It has commissioned all-time high power generation capacity of over 15,000 Mw, booked new orders worth Rs 43,727 crore in 2015-16

Analysts cautiously optimistic on BHEL's Q4 results

Net profit of Rs 396 crore after two quarters of losses surprised Street

BHEL rebounds after provisional FY16 results

The stock moved higher by 5% to Rs 120, bouncing back 6% from intra-day's low on BSE.

BHEL commissions 250 Mw unit at Nabinagar plant in Bihar

The thermal power plant is being set up by Bhartiya Rail Bijlee Company Ltd, a joint venture of NTPC Ltd & the Indian Railways.

BHEL commissions 40 Mw hydro electric generating unit in West Bengal

It has so far commissioned nearly 400 hydro generating sets of various ratings with a cumulative capacity of around 20,000 Mw

BHEL commissions 600 Mw power plant in Telangana

The company has built 600 Mw rating sets which comprise of a four cylinder turbine, designed in-house.

BHEL commissions 600 Mw unit of Singareni project in Adilabad

So far, the company has contracted 21 sets of 600 Mw each, of which 15 have already been commissioned

Bhel commissions second 270 Mw thermal unit in Punjab

The equipment for the project was supplied by various manufacturing units of Bhel

BHEL starts 500 Mw thermal unit at Anpara-D power plant

This is a 1st of its kind project where the power plant has been set up on an abandoned ash pond, saving scarce land.

BHEL initiates works for 800 mw supercritical plant in TN

The project, valued at Rs 2,759 crore, is slated for commissioning by August 2019