BHEL: Cementing foothold - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

StockSelect
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

BHEL: Cementing foothold

Jan 30, 2004

Engineering major, BHEL, has declared good results for the 3QFY04. The topline of the company has gone up by 9% in the December quarter. However, the bottomline of the company has grown at a faster rate of 71% YoY. Nine-month results of the company fares better with the topline and bottomline growing by 15% and 64% respectively.

(Rs m) 3QFY03 3QFY04 Change 9mFY03 9mFY04 Change
Net sales 16,637 18,121 8.9% 38,298 44,127 15.2%
Other income 360 697 93.6% 1,159 1,730 49.3%
Expenditure 14,920 15,272 2.4% 34,786 38,899 11.8%
Operating profit (EBDITA) 1,717 2,849 65.9% 3,512 5,228 48.9%
Operating profit margin (%) 10.3% 15.7%   9.2% 11.8%  
Interest 126 136 7.9% 363 367 1.1%
Depreciation 462 511 10.6% 1,364 1,476 8.2%
Profit before tax 1,489 2,899 94.7% 2,944 5,115 73.7%
Deffered revenue exp. write off (381) (814) 113.6% (1,151) (1,608) 39.7%
Tax 295 698 136.6% 383 1,202 213.8%
Profit after tax/(loss) 813 1,387 70.6% 1,410 2,305 63.5%
Net profit margin (%) 4.9% 7.7%   3.7% 5.2%  
No. of shares (m) 244.8 244.8   244.8 244.8  
Diluted earnings per share (Rs)* 13.3 22.7   7.7 12.6  
P/E (x)         41.8  
*(annualised)            

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

BHEL SHARE PRICE


Sep 25, 2020 (Close)

TRACK BHEL

BHEL - PUNJ LLOYD COMPARISON

COMPARE BHEL WITH

MARKET STATS