Bharat Heavy Electricals Limited vs Hitachi Energy India Limited
An objective side-by-side of BHEL and POWERINDIA, 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 2026-11-13 close
Latest results: BHEL Sep 2026 · POWERINDIA Sep 2026
At a glance
- Bharat Heavy Electricals Limited is the larger company by market value, about 1.1 times the size of Hitachi Energy India Limited.
- On trailing earnings, Bharat Heavy Electricals Limited trades at the lower P/E (52.8 against 117.0).
- Hitachi Energy India Limited earns the higher return on equity (20.9% against 11.0%).
- Over three years Hitachi Energy India Limited has grown profits faster (122% a year against 37%).
- Over the past year the share prices returned +65.4% (BHEL) and +51.4% (POWERINDIA).
| Metric | Bharat Heavy BHEL |
Hitachi Energy POWERINDIA |
|---|---|---|
| Size and price | ||
| Market cap | ₹151,922 Cr | ₹140,826 Cr |
| Share price | ₹436.30 | ₹31,595.00 |
| Valuation | ||
| P/E | 52.79 | 117.00 |
| P/B | 5.81 | 24.47 |
| EV/EBITDA | 41.83 | 92.05 |
| PEG | 1.43 | 0.96 |
| Dividend yield | 0.1% | 0.0% |
| Profitability | ||
| ROE | 11.0% | 20.9% |
| ROCE | 9.0% | 29.0% |
| Operating margin | 10.1% | 14.8% |
| Sales (TTM) | ₹37,781 Cr | ₹10,326 Cr |
| Net profit (TTM) | ₹2,878 Cr | ₹1,204 Cr |
| Growth | ||
| Latest quarter sales YoY | +23.8% | +63.5% |
| Latest quarter profit YoY | +118.9% | +20.6% |
| Sales CAGR 3Y | +13.0% | +22.0% |
| Profit CAGR 3Y | +37.0% | +122.0% |
| Sales CAGR 5Y | +14.0% | +19.0% |
| Profit CAGR 5Y | +21.0% | +54.0% |
| Financial strength | ||
| Debt/Equity | 0.31 | 0.01 |
| Interest cover | 2.68 | 85.38 |
| Ownership | ||
| Promoter holding | 58.2% | 71.3% |
| Promoter change (4 qtrs) | -5.00 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -1.37% | +4.45% |
| Return 3M | +3.88% | -11.75% |
| Return 1Y | +65.36% | +51.44% |
| Return YTD | +51.78% | +72.56% |
| Technical condition | ||
| Technical score | 71 | 73 |
| RS rating (1-99) | 87.00 | 80.00 |
| % vs 200-DMA | +19.14% | +5.70% |
| RSI (14) | 58.51 | 61.10 |
| % from 52-week high | -5.97% | -18.54% |
