Bharat Heavy Electricals Limited (BHEL) - Total Liabilities

Latest as of March 2026: Rs500.39 Billion INR ≈ $5.41 Billion USD

Based on the latest financial reports, Bharat Heavy Electricals Limited (BHEL) has total liabilities worth Rs500.39 Billion INR (≈ $5.41 Billion USD) as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

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

This chart illustrates how Bharat Heavy Electricals Limited's total liabilities have evolved over time, based on quarterly financial data. See working capital position of Bharat Heavy Electricals Limited to evaluate short-term liquidity relative to the company's equity base.

Bharat Heavy Electricals Limited Competitors by Total Liabilities

The table below lists competitors of Bharat Heavy Electricals Limited ranked by their total liabilities.

Company	Country	Total Liabilities
HAL Trust AS:HAL	Netherlands	€10.41 Billion
Power Finance Corporation Limited NSE:PFC	India	Rs10.56 Trillion
SDIC Power Holdings Co Ltd SHG:600886	China	CN¥197.75 Billion
Guosen Securities Co Ltd SHE:002736	China	CN¥452.99 Billion
LI AUTO INC. (SP.ADR)/2 F:L87A	Germany	€81.16 Billion
Shenzhen Megmeet Electrical Co Ltd SHE:002851	China	CN¥6.87 Billion
VODACOM GROUP LTD. SP.ADR F:5VD0	Germany	€146.48 Billion
AECC Aviation Power Co Ltd SHG:600893	China	CN¥72.75 Billion

Liability Composition Analysis (2004–2026)

This chart breaks down Bharat Heavy Electricals Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Bharat Heavy Electricals Limited market capitalisation.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.59	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	1.91	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.66	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Bharat Heavy Electricals Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

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

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

Year	Total Liabilities	Change
2026-03-31	Rs500.39 Billion ≈ $5.41 Billion	+15.40%
2025-03-31	Rs433.61 Billion ≈ $4.69 Billion	+25.44%
2024-03-31	Rs345.67 Billion ≈ $3.74 Billion	+6.22%
2023-03-31	Rs325.42 Billion ≈ $3.52 Billion	+9.43%
2022-03-31	Rs297.37 Billion ≈ $3.22 Billion	+1.60%
2021-03-31	Rs292.68 Billion ≈ $3.17 Billion	-8.91%
2020-03-31	Rs321.33 Billion ≈ $3.48 Billion	-2.79%
2019-03-31	Rs330.54 Billion ≈ $3.57 Billion	+5.89%
2018-03-31	Rs312.14 Billion ≈ $3.38 Billion	+7.78%
2017-03-31	Rs289.60 Billion ≈ $3.13 Billion	-20.60%
2016-03-31	Rs364.71 Billion ≈ $3.94 Billion	-0.57%
2015-03-31	Rs366.80 Billion ≈ $3.97 Billion	-12.84%
2014-03-31	Rs420.82 Billion ≈ $4.55 Billion	+2.10%
2013-03-31	Rs412.15 Billion ≈ $4.46 Billion	-1.92%
2012-03-31	Rs420.22 Billion ≈ $4.54 Billion	+6.17%
2011-03-31	Rs395.81 Billion ≈ $4.28 Billion	+20.66%
2010-03-31	Rs328.04 Billion ≈ $3.55 Billion	+14.18%
2009-03-31	Rs287.31 Billion ≈ $3.11 Billion	+44.26%
2008-03-31	Rs199.16 Billion ≈ $2.15 Billion	+37.26%
2007-03-31	Rs145.09 Billion ≈ $1.57 Billion	+33.38%
2006-03-31	Rs108.78 Billion ≈ $1.18 Billion	+21.10%
2005-03-31	Rs89.83 Billion ≈ $971.46 Million	+30.62%
2004-03-31	Rs68.77 Billion ≈ $743.71 Million	--

About Bharat Heavy Electricals Limited

NSE:BHEL India Specialty Industrial Machinery

Market Cap

$15.29 Billion

Rs1.41 Trillion INR

Market Cap Rank

#1623 Global

#55 in India

Share Price

Rs405.90

Change (1 day)

+3.48%

52-Week Range

Rs208.01 - Rs422.35

All Time High

Rs422.35