Bharat Heavy Electricals Limited (NSE:BHEL) — Market Cap & Net Worth

$15.55 Billion USD  · Rs1.44 Trillion INR  · Rank #1589

Market Cap & Net Worth: Bharat Heavy Electricals Limited (BHEL)

Bharat Heavy Electricals Limited (NSE:BHEL) has a market capitalization of $15.55 Billion (Rs1.44 Trillion) as of September 17, 2026. Listed on the NSE stock exchange, this India-based company holds position #1589 globally and #47 in its home market, demonstrating a -4.23% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Bharat Heavy Electricals Limited's stock price Rs412.85 by its total outstanding shares 3482063355 (3.48 Billion). Also see Bharat Heavy Electricals Limited assets under control for a full breakdown of the balance sheet.

Bharat Heavy Electricals Limited Market Cap History: 2015 to 2026

Bharat Heavy Electricals Limited's market capitalization history from 2015 to 2026. Data shows growth from $3.91 Billion to $15.55 Billion (11.04% CAGR). Also see cash efficiency ratio of Bharat Heavy Electricals Limited for how efficiently the company converts equity into cash flow.

Index Memberships

Bharat Heavy Electricals Limited is a constituent of 7 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NIFTY ENERGY
CNXENERGY
$549.41 Billion 2.83% #10 of 40
NIFTY 100
NIFTY100
$1.94 Trillion 0.80% #43 of 100
NIFTY 200
NIFTY200
$2.46 Trillion 0.63% #44 of 200
NIFTY 500
NIFTY500
$3.03 Trillion 0.51% #44 of 500
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
$1.13 Trillion 1.38% #3 of 400
NIFTY PSE
NIFTYPSE
$338.66 Billion 4.59% #8 of 20
NIFTY TOTAL MARKET
NIFTYTOTALMKT
$3.13 Trillion 0.50% #43 of 750

Weight: Bharat Heavy Electricals Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Bharat Heavy Electricals Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Bharat Heavy Electricals Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check today's stock price for Bharat Heavy Electricals Limited for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.05x

Bharat Heavy Electricals Limited's market cap is 0.05 times its annual revenue

Industry average: 1.38x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.97x

Bharat Heavy Electricals Limited's market cap is 0.97 times its annual earnings

Industry average: 24.72x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2017 $3.25 Billion $276.17 Billion $4.57 Billion 0.01x 0.71x
2018 $2.63 Billion $279.78 Billion $4.41 Billion 0.01x 0.60x
2019 $1.62 Billion $294.42 Billion $10.05 Billion 0.01x 0.16x
2020 $1.34 Billion $204.95 Billion -$14.66 Billion 0.01x N/A
2021 $2.20 Billion $162.96 Billion -$26.97 Billion 0.01x N/A
2022 $2.97 Billion $201.53 Billion $4.46 Billion 0.01x 0.67x
2023 $7.28 Billion $221.36 Billion $6.37 Billion 0.03x 1.14x
2024 $8.64 Billion $229.21 Billion $2.82 Billion 0.04x 3.06x
2025 $10.82 Billion $273.55 Billion $5.34 Billion 0.04x 2.03x
2026 $15.55 Billion $337.82 Billion $16.00 Billion 0.05x 0.97x

Competitor Companies of BHEL by Market Capitalization

Companies near Bharat Heavy Electricals Limited in the global market cap rankings as of September 17, 2026. Review how tangible is Bharat Heavy Electricals Limited's equity to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Bharat Heavy Electricals Limited by market ranking:

  • GE Vernova LLC (NYSE:GEV): Ranked #81 globally with a market cap of $237.23 Billion USD.
  • Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $218.11 Billion USD ( €186.56 Billion EUR).
  • SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #126 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
  • Schneider Electric S.E. (PA:SU): Ranked #149 globally with a market cap of $163.99 Billion USD ( €140.27 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#81 GE Vernova LLC NYSE:GEV $237.23 Billion $882.81
#93 Siemens Aktiengesellschaft XETRA:SIE $218.11 Billion €258.80
#126 SIEMENS AG SP. ADR 1/ 1/2 F:SIEB $177.31 Billion €119.00
#149 Schneider Electric S.E. PA:SU $163.99 Billion €275.30

Bharat Heavy Electricals Limited Historical Marketcap From 2015 to 2026

Between 2015 and today, Bharat Heavy Electricals Limited's market cap moved from $3.91 Billion to $ 15.55 Billion, with a yearly change of 11.04%.

Year Market Cap Change (%)
2026 Rs15.55 Billion +43.62%
2025 Rs10.82 Billion +25.31%
2024 Rs8.64 Billion +18.62%
2023 Rs7.28 Billion +145.36%
2022 Rs2.97 Billion +35.21%
2021 Rs2.20 Billion +64.21%
2020 Rs1.34 Billion -17.38%
2019 Rs1.62 Billion -38.37%
2018 Rs2.63 Billion -19.26%
2017 Rs3.25 Billion +15.79%
2016 Rs2.81 Billion -28.15%
2015 Rs3.91 Billion --

End of Day Market Cap According to Different Sources

On Sep 16th, 2026 the market cap of Bharat Heavy Electricals Limited was reported to be:

Source Market Cap
Yahoo Finance $15.55 Billion USD
MoneyControl $15.55 Billion USD
MarketWatch $15.55 Billion USD
marketcap.company $15.55 Billion USD
Reuters $15.55 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Bharat Heavy Electricals Limited

NSE:BHEL India Specialty Industrial Machinery
Market Cap
$15.55 Billion
Rs1.44 Trillion INR
Market Cap Rank
#1589 Global
#47 in India
Share Price
Rs412.85
Change (1 day)
-4.21%
52-Week Range
Rs230.94 - Rs442.65
All Time High
Rs442.65
About

Bharat Heavy Electricals Limited operates as power plant equipment manufacturer in India and internationally. The company operates in two segments, Power and Industry. It offers equipment supplies; spares and services; and undertakes engineering, procurement, and construction works for coal and lignite, gas, hydro and nuclear power plant, transportation, transmission, defence, aerospace, captive … Read more