Sharp recovery in topline; margins remain weak
BHEL, a government owned entity, is India’s largest engineering company and dominates the supply of equipment for power plants in India. Key products include gas turbines, generators, thermal sets, diesel shunters, turbo / hydro sets, transformers, switch gears, circuit breakers and boilers.
* In Q4FY21, standalone revenue rose 47.0% YoY to Rs. 6,752cr primarily driven by improvement in industrial activity.
* EBITDA loss for Q4FY21...
Mid Cap : Reduce Bharat Heavy Electricals Ltd For Target Rs. 62 - Geojit Financial