Bharat Heavy Electricals Limited vs CG Power and Industrial Solutions Limited
An objective side-by-side of BHEL and CGPOWER, both in Electric Equipment: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: BHEL Jun 2026 · CGPOWER Jun 2026
At a glance
- Bharat Heavy Electricals Limited is the larger company by market value, about 1.1 times the size of CG Power and Industrial Solutions Limited.
- On trailing earnings, Bharat Heavy Electricals Limited trades at the lower P/E (62.1 against 115.7).
- CG Power and Industrial Solutions Limited earns the higher return on equity (15.6% against 9.3%).
- Over three years Bharat Heavy Electricals Limited has grown profits faster (37% a year against 10%).
- Over the past year the share prices returned +88.7% (BHEL) and +15.0% (CGPOWER).
| Metric | Bharat Heavy BHEL |
CG Power CGPOWER |
|---|---|---|
| Size and price | ||
| Market cap | ₹150,913 Cr | ₹143,366 Cr |
| Share price | ₹433.40 | ₹910.00 |
| Valuation | ||
| P/E | 62.06 | 115.65 |
| P/B | 5.77 | 17.99 |
| EV/EBITDA | 47.03 | 87.63 |
| PEG | 1.68 | 11.57 |
| Dividend yield | 0.1% | 0.1% |
| Profitability | ||
| ROE | 9.3% | 15.6% |
| ROCE | 9.0% | 27.0% |
| Operating margin | 9.4% | 12.8% |
| Sales (TTM) | ₹35,993 Cr | ₹12,821 Cr |
| Net profit (TTM) | ₹2,432 Cr | ₹1,240 Cr |
| Growth | ||
| Latest quarter sales YoY | +40.3% | +14.0% |
| Latest quarter profit YoY | +182.6% | +15.5% |
| Sales CAGR 3Y | +13.0% | +21.0% |
| Profit CAGR 3Y | +37.0% | +10.0% |
| Sales CAGR 5Y | +14.0% | +33.0% |
| Profit CAGR 5Y | +21.0% | +70.0% |
| Financial strength | ||
| Debt/Equity | 0.31 | 0.01 |
| Interest cover | 2.68 | 115.00 |
| Ownership | ||
| Promoter holding | 58.2% | 56.4% |
| Promoter change (4 qtrs) | -5.00 pp | -1.69 pp |
| Price performance | ||
| Return 1M | +4.81% | +3.85% |
| Return 3M | +5.32% | -5.46% |
| Return 1Y | +88.71% | +14.99% |
| Return YTD | +50.77% | +40.45% |
| Technical condition | ||
| Technical score | 87 | 75 |
| RS rating (1-99) | 89.00 | 70.00 |
| % vs 200-DMA | +27.17% | +15.95% |
| RSI (14) | 54.85 | 54.86 |
| % from 52-week high | -2.93% | -7.23% |
