By- {Walton }
Oct 5, 2024
Bharat Heavy Electricals Limited (BHEL) is one of India’s largest engineering and manufacturing companies, primarily engaged in providing energy and infrastructure solutions.
Established in 1964, BHEL has a significant presence in the power sector, producing thermal, hydro, and nuclear power equipment. Investors are keen to know the future prospects of BHEL, especially with its ongoing expansion into renewable energy and various infrastructure projects.
Looking for BHEL share price target? This article provides a detailed analysis with projections for 2024, 2025, 2030, 2040, and 2050. Discover BHEL’s future growth prospects and performance outlook in simple, user-friendly language.
What is Bharat Heavy Electricals Limited (BHEL)?
BHEL is a government-owned public sector company and one of the largest manufacturers of power generation equipment in India. BHEL’s offerings include services for power, transmission, industry, transportation, and renewable energy sectors. The company also focuses on defense and aerospace industries.
Company Overview:
- Founded: 1964
- Market Cap: ₹92,000 crore
- Primary Sector: Power and Infrastructure
- Key Products: Thermal, Hydro, Nuclear Power Equipment, Electric Motors, Transformers, and Railway Locomotives.
BDL Share Price Target
BHEL Share Price Target (2024 to 2050)
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2024 | ₹200 | ₹350 |
| 2025 | ₹400 | ₹580 |
| 2026 | ₹600 | ₹750 |
| 2027 | ₹750 | ₹900 |
| 2028 | ₹900 | ₹1,100 |
| 2029 | ₹1,200 | ₹1,300 |
| 2030 | ₹1,000 | ₹1,400 |
| 2035 | ₹2,000 | ₹2,500 |
| 2040 | ₹3,000 | ₹3,600 |
| 2050 | ₹6,200 | ₹7,500 |
Summary of BHEL Share Price Targets
2024:
In 2024, BHEL is expected to experience steady growth due to its focus on renewable energy and infrastructure projects. The projected share price ranges between ₹200 and ₹350. Expanding EV charging stations and renewable energy projects will contribute to this increase.
2025:
By 2025, BHEL’s share price is predicted to range from ₹400 to ₹580. The company’s advancements in electric mobility, along with international projects, will further drive this growth.
2026:
In 2026, the price range is projected to be ₹600 to ₹750, supported by its diversification into defense and aerospace, alongside its continued efforts in renewable energy.
2027:
The expected range for 2027 is ₹750 to ₹900. BHEL’s role in major power and energy projects, both in India and globally, will lead to a steady increase in its share price.
2028:
By 2028, BHEL’s price could reach between ₹900 and ₹1,100. The company’s increasing presence in the EV sector and solar energy projects will boost its long-term growth potential.
2029:
The range for 2029 is expected to be ₹1,200 to ₹1,300, reflecting the company’s continued focus on green energy and infrastructure development.
2030:
In 2030, BHEL is predicted to see a significant jump in its share price, ranging from ₹1,000 to ₹1,400. The company’s expanded operations in electric mobility and green energy projects will solidify its market position.
2035:
BHEL’s share price for 2035 could range between ₹2,000 and ₹2,500, driven by global expansion, especially in renewable energy and advanced power solutions.
2040:
In 2040, BHEL’s share price is expected to grow further, reaching between ₹3,000 and ₹3,600. Its continuous focus on innovation in nuclear power and electric vehicles will enhance its market valuation.
2050:
By 2050, BHEL’s share price is forecast to range from ₹6,200 to ₹7,500. With its long-term commitment to renewable energy, aerospace, and defense, BHEL is likely to become a leading global player in these sectors.
This structured approach makes it easier for readers to understand BHEL’s share price trajectory and what drives its growth, helping investors make informed decisions.
BHEL Annual Report Summary for FY 2023-24
| Metric | Value |
|---|---|
| Total Revenue | ₹22,921 crore |
| Profit After Tax (PAT) | ₹260 crore |
| Operating Profit (EBITDA) | ₹1,578 crore |
| Total Expenses | ₹21,343 crore |
| Debt/Equity Ratio | 0.20 |
| Return on Equity (ROE) | 2.2% |
| Market Capitalization | ₹92,000 crore |
Summary:
BHEL’s total revenue for FY 2023-24 stood at ₹22,921 crore, showing consistent growth in key sectors like power and infrastructure. The company recorded a Profit After Tax of ₹260 crore. BHEL’s continued investment in renewable energy and electric mobility projects, along with a healthy debt/equity ratio of 0.20, reflects its solid financial standing.
BHEL Share Price Target for 2024
In 2024, BHEL’s continuous focus on expanding renewable energy projects, including solar power and electric vehicle (EV) charging stations, should bolster its performance. The company’s financials are expected to improve with reduced debt, as noted in the FY 2023-24 annual report.
Yearly Table:
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2024 | 200 | 350 |
Summary:
In 2024, BHEL’s stock is expected to see a rise, with the share price predicted to range between ₹200 and ₹350. The focus on expanding into renewable energy and improving project execution should contribute to this growth.
BHEL Share Price Target for 2025
By 2025, BHEL’s growth should be further accelerated by its increased focus on electric locomotives and renewable energy solutions. The company’s international projects, like the Maitree Thermal Power Project in Bangladesh, also promise to boost profitability.
Yearly Table:
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2025 | 400 | 580 |
Summary:
BHEL’s share price is projected to range from ₹400 to ₹580 by 2025. The company’s global expansion and diversification into multiple sectors will likely drive its stock price higher.
BHEL Share Price Target for 2030
Looking ahead to 2030, BHEL will likely become a key player in the global power and infrastructure space, particularly with its advancements in renewable energy and electric mobility. Its diversification into defense and aerospace sectors is expected to bring additional growth.
Yearly Table:
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2030 | 1000 | 1400 |
Summary:
By 2030, BHEL’s share price is forecast to range between ₹1,000 and ₹1,400. Continuous technological innovations and the company’s commitment to sustainable energy will propel its growth.
BHEL Share Price Target for 2040
BHEL’s focus on electric vehicle (EV) infrastructure and renewable energy projects will make it a leading contributor to India’s green energy initiatives. Additionally, its defense contracts and contributions to India’s space missions will provide steady revenue streams.
Yearly Table:
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2040 | 3000 | 3600 |
Summary:
The forecast for 2040 indicates a price range of ₹3,000 to ₹3,600. BHEL’s continued involvement in high-tech sectors like aerospace, EV charging, and space exploration will support its long-term growth.
BHEL Share Price Target for 2050
BHEL is expected to become a dominant player in both traditional and renewable energy sectors by 2050. It will also leverage its expertise in nuclear energy and electric mobility.
Yearly Table:
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2050 | 6200 | 7500 |
Summary:
By 2050, BHEL’s stock price is predicted to be in the range of ₹6,200 to ₹7,500, reflecting its role as a leader in energy and infrastructure, both in India and globally.
Company’s Competitors
- Larsen & Toubro (L&T): A major player in engineering and construction, L&T competes with BHEL in power infrastructure projects.
- Siemens India: Known for its innovative technologies, Siemens is a competitor in the energy and industrial sectors.
- ABB India: ABB competes with BHEL in automation and power technology sectors.
- Tata Power: A key competitor in renewable energy, especially solar power.
- GE Power India: A strong player in the power generation and transmission sectors.
Risk Factors
- Debt: The company’s current debt level may affect profitability if not managed well.
- Competition: BHEL faces stiff competition in the energy and infrastructure space.
- Regulation: Changes in government policies can impact operations, especially in renewable energy.
Future Plans
BHEL plans to further its initiatives in renewable energy and electric mobility infrastructure. The company aims to strengthen its position in the defense and aerospace sectors and focus on innovation in nuclear energy.
Profit and Loss Summary
BHEL’s revenue for FY 2023-24 stood at ₹22,921 crore, with a Profit After Tax (PAT) of ₹260 crore【28†source】.
Pros and Cons
Pros:
- Strong government support.
- Diverse product portfolio across multiple sectors.
- Focus on innovation and R&D.
Cons:
- High competition in key markets.
- Dependence on government contracts.
Conclusion
BHEL’s long-term growth potential makes it an attractive stock for long-term investors. Its diversification into renewable energy, electric mobility, and aerospace, along with solid financial fundamentals, makes it a strong investment choice.
FAQs
What is BHEL’s current market cap?
BHEL’s market cap is ₹92,000 crore.
Is BHEL focusing on renewable energy?
Yes, BHEL is expanding its presence in renewable energy, particularly solar power.
Who are BHEL’s key competitors?
Competitors include L&T, Siemens, ABB, Tata Power, and GE Power.
What are BHEL’s key growth areas?
Renewable energy, electric mobility, defense, and aerospace.
Does BHEL have any debt?
Yes, BHEL currently holds some debt, but it is actively working to reduce it.
What is BHEL’s share price target for 2025?
The target range for 2025 is ₹400 to ₹580.
How has BHEL performed in recent years?
BHEL has seen strong growth in recent years, especially in the power and infrastructure sectors.
What is BHEL’s long-term growth strategy?
BHEL aims to focus on innovation, renewable energy, and expansion into new sectors like defense and aerospace.
Disclaimer: This is just an estimate that the share target of BHEL can be this much. If you want to invest then talk to an advisor and then invest. News.Homedecore24.com will not take any responsibility if your money is lost. Please invest money at your own risk.
