India’s defense and PSU stocks are entering 2026 with a strong and optimistic outlook. Government’s heavy capex push, Make in India, indigenisation, rising defense exports and better balance sheets have made the sector bullish.

Momentum remains even after 25–30% PSU rally by 2025. The defense sector is expected to have a CAGR of 12–14% by 2030, while the ₹3 lakh crore+ order book of HAL, BEL and BDL shows 15–20% revenue visibility.

PSU banks, power and energy PSUs are also on strong fundamentals. Risks exist, but the long-term story is based on earnings and capex growth.

BHEL Q2 Results 2025: Maharatna company Bharat Heavy Electricals Limited (BHEL) announced the results for the September 2025 quarter on Wednesday, October 29. This government engineering company earned a profit of Rs 374.9 crore in the second quarter of the financial year. This is almost three times more than Rs 106.2 crore a year ago. This is the company’s strongest performance in recent years.

Revenue increased so much in one year

During this period, the operational revenue of BHEL increased by 14.1 percent to Rs 7,511.8 crore as compared to last year, which was Rs 6,584 crore in the same period last year. In this sequence, the total income of the company increased to Rs 7,686 crore, while the total expense increased to Rs 7,202 crore from Rs 6,571 crore a year ago. According to the company’s exchange filing, BHEL has performed well on all parameters except revenue.

EBITDA margin also improved

Revenue stood at Rs 7,511.8 crore against estimates of Rs 7,806 crore, while EBITDA stood at Rs 580.9 crore against estimates of Rs 266 crore, showing an increase of 111 percent over a year ago. During this period, EBITDA margin also increased to 7.7 percent, which is more than the earlier estimate of 3 percent. The company’s profit after tax (PAT) increased by 253 per cent to Rs 374.9 crore, much higher than the estimate of Rs 193 crore, while income from other items increased by 56.9 per cent to Rs 174.6 crore from Rs 111.3 crore.

There was a loss of crores last month

The company’s operating performance also became quite strong during the September quarter. EBITDA more than doubled from Rs 275 crore a year ago, while margins increased from 4.2 per cent to 7.7 per cent. The company achieved this milestone through cost control, completion of ongoing projects and efficient functioning of its business segments. In the last quarter, the company had suffered a loss of Rs 456 crore due to increased expenses and slow work on projects.

Impact visible on shares

On Wednesday, BHEL shares closed 3.39 percent higher at Rs 245.39 on the National Stock Exchange, which was better than the Nifty 50 index. An increase of 0.45 percent was recorded in this. In the last 12 months, BHEL shares have risen by 4.4 percent and so far this year the shares have risen by 6.9 percent.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Bhel shares: The shares of Maharatna PSU Bharat Heavy Electricls Limited (BHEL) will be in focus on Monday as the company received an order of Rs 6,500 crore from Adani Group company Adani Power on Friday, June 27.

What will the company do to do?

Giving information about this, BHEL said that it has received a letter of award for six thermal units of 800 MW from Adani Power. Under this, the company has to supply equipment for this project such as steam turbine generator and some accessories. Apart from this, supervision of construction and commissioning is also included. However, the company did not say how long the order has to be completed.

BHEL shares will be in focus

With this new order recently, another thing has been added to BHEL’s projects pipeline. Along with this, in FY25, the company acquired the most orders so far, which has a value of Rs 92,534 crore.

It could be impactful on BHEL’s stock during the trading session on Monday, while the last trading day of the week on Friday, June 27, it fell at Rs 264.05 per share with a decline of 0.21 percent on Friday 27 June and with this the company’s market cap stood at Rs 91,943.88 crore.

BHEL received the highest order of Rs 81,349 crore in the power sector. Orders worth Rs 11,185 crore were received in the industrial segment. This shows that the company is present in many sectors ranging from defense to transportation, industrial equipment and process industries.

Performance of BHEL shares

In the last one year, BHEL shares have declined by 11 percent, but on the basis of year-on-year, it has also registered a rise of 13 percent. In the last three months, BHEL’s stock gained a 23 -percent lead, while the stock has gained 1.4 percent in the last one month.

The BHEL has emerged as a multibagger stock in the long term, which has gained 213 percent in two years, 475 percent in three years and 616 % in five years.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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Share Market: After a long period of recession in the stock market, now there has been a tremendous jump in the shares of the defense sector. Investors are re -focusing on companies like Bharat Heavy Electronics Limited (BHEL) amidst the new order and recovery of the stock market. After the fall of more than 24 percent in the last six months and more than 9 percent in 2025, the shares of companies have now started showing signs of improvement.

Last month, BHEL shares increased by 11 percent and the last five business sessions by about 8 percent. After getting a contract of Rs 7,500 crore from the Gujarat State Electricity Board in the last trading session, the company’s share price came down at Rs 211.80 with a gain of 2 percent. Seeing the rise in defense sector companies, brokerage firm Antique Broking said that the idea of ​​adding stock to the portfolio on current valuation is not bad. Antique Stock Broking said, “We believe that in the next few years, there will be a tremendous bounce in BHEL’s order book.”

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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