Bharat Heavy Electricals Limited (BHEL) - Total Assets

Latest as of March 2026: Rs761.86 Billion INR ≈ $8.24 Billion USD

Based on the latest financial reports, Bharat Heavy Electricals Limited (BHEL) holds total assets worth Rs761.86 Billion INR (≈ $8.24 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore BHEL debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Bharat Heavy Electricals Limited - Total Assets Trend (2004–2026)

This chart illustrates how Bharat Heavy Electricals Limited's total assets have evolved over time, based on quarterly financial data. See Bharat Heavy Electricals Limited book value and equity for net asset value and shareholders' equity analysis.

Bharat Heavy Electricals Limited - Asset Composition Analysis

Current Asset Composition (March 2026)

Bharat Heavy Electricals Limited's total assets of Rs761.86 Billion consist of 67.5% current assets and 32.5% non-current assets.

Asset Category	Amount (INR)	% of Total Assets
Cash & Equivalents	Rs0.00	15.6%
Accounts Receivable	Rs67.96 Billion	8.9%
Inventory	Rs133.35 Billion	17.5%
Property, Plant & Equipment	Rs0.00	0.0%
Intangible Assets	Rs1.61 Billion	0.2%
Goodwill	Rs0.00	0.0%

Asset Composition Trend (2004–2026)

This chart illustrates how Bharat Heavy Electricals Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Bharat Heavy Electricals Limited stock valuation.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Bharat Heavy Electricals Limited's current assets represent 67.5% of total assets in 2026, a decrease from 85.6% in 2004.
Cash Position: Cash and equivalents constituted 15.6% of total assets in 2026, down from 21.9% in 2004.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 37.0% in 2004.
Asset Diversification: The largest asset category is inventory at 17.5% of total assets.

Bharat Heavy Electricals Limited Competitors by Total Assets

Key competitors of Bharat Heavy Electricals Limited based on total assets are shown below.

Company	Country	Total Assets
Vestas Wind Systems A/S F:VWSA	Germany	€26.71 Billion
X-Energy, Inc. Class A Common Stock NASDAQ:XE	USA	$1.20 Billion
FLSmidth & Co. CO:FLS	Denmark	Dkr22.09 Billion
SIASUN Robot Automation Co SHE:300024	China	CN¥11.88 Billion
CITIC Heavy Industries Co Ltd SHG:601608	China	CN¥19.87 Billion
Hpsp Co Ltd KQ:403870	Korea	₩392.68 Billion
Hyundai Elevator KO:017800	Korea	₩3.75 Trillion
DUERR AG UNSP.ADR 1/5 F:DUEB	Germany	€4.66 Billion

Bharat Heavy Electricals Limited - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	1.59	1.51	1.39
Quick Ratio	1.18	1.17	1.04
Cash Ratio	0.00	0.27	0.00
Working Capital	Rs191.53 Billion	Rs145.34 Billion	Rs79.83 Billion

Bharat Heavy Electricals Limited - Advanced Valuation Insights

This section examines the relationship between Bharat Heavy Electricals Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	5.16
Latest Market Cap to Assets Ratio	0.02
Asset Growth Rate (YoY)	11.9%
Total Assets	Rs761.86 Billion
Market Capitalization	$15.33 Billion USD

Valuation Analysis

Below Book Valuation: The market values Bharat Heavy Electricals Limited's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Bharat Heavy Electricals Limited's assets grew by 11.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Bharat Heavy Electricals Limited (2004–2026)

The table below shows the annual total assets of Bharat Heavy Electricals Limited from 2004 to 2026.

Year	Total Assets	Change
2026-03-31	Rs761.86 Billion ≈ $8.24 Billion	+11.90%
2025-03-31	Rs680.83 Billion ≈ $7.36 Billion	+15.38%
2024-03-31	Rs590.05 Billion ≈ $6.38 Billion	-0.61%
2023-03-31	Rs593.70 Billion ≈ $6.42 Billion	+5.56%
2022-03-31	Rs562.44 Billion ≈ $6.08 Billion	+1.82%
2021-03-31	Rs552.40 Billion ≈ $5.97 Billion	-9.12%
2020-03-31	Rs607.84 Billion ≈ $6.57 Billion	-4.90%
2019-03-31	Rs639.19 Billion ≈ $6.91 Billion	+0.59%
2018-03-31	Rs635.45 Billion ≈ $6.87 Billion	+3.58%
2017-03-31	Rs613.47 Billion ≈ $6.63 Billion	-11.91%
2016-03-31	Rs696.44 Billion ≈ $7.53 Billion	-1.76%
2015-03-31	Rs708.89 Billion ≈ $7.67 Billion	-5.79%
2014-03-31	Rs752.43 Billion ≈ $8.14 Billion	+4.86%
2013-03-31	Rs717.53 Billion ≈ $7.76 Billion	+6.41%
2012-03-31	Rs674.30 Billion ≈ $7.29 Billion	+12.88%
2011-03-31	Rs597.37 Billion ≈ $6.46 Billion	+22.66%
2010-03-31	Rs487.00 Billion ≈ $5.27 Billion	+16.92%
2009-03-31	Rs416.54 Billion ≈ $4.50 Billion	+35.72%
2008-03-31	Rs306.90 Billion ≈ $3.32 Billion	+31.73%
2007-03-31	Rs232.98 Billion ≈ $2.52 Billion	+28.15%
2006-03-31	Rs181.80 Billion ≈ $1.97 Billion	+21.12%
2005-03-31	Rs150.10 Billion ≈ $1.62 Billion	+23.31%
2004-03-31	Rs121.73 Billion ≈ $1.32 Billion	--

About Bharat Heavy Electricals Limited

NSE:BHEL India Specialty Industrial Machinery

Market Cap

$15.33 Billion

Rs1.42 Trillion INR

Market Cap Rank

#1598 Global

#52 in India

Share Price

Rs407.00

Change (1 day)

+0.99%

52-Week Range

Rs208.01 - Rs435.40

All Time High

Rs435.40