Bharat Heavy Electricals (BOM:500103) EBITDA Margin %: 16.35% (As of Mar. 2026) — 175% Above Median


BOM:500103 Bharat Heavy Electricals Ltd BOM:500103
74 GF Score
Price ₹413.60
GF Value ₹318.82
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Bharat Heavy Electricals EBITDA Margin %?

Bharat Heavy Electricals BOM:500103 +2.78% 74 EBITDA Margin % is 16.35% as of Mar. 2026, which is 175% above its 10-year median of 5.95. GuruFocus rates BOM:500103 with a GF Score™ of 74/100 and a GF Value™ of ₹318.82 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,032 Industrial Products companies, Bharat Heavy Electricals ranks better than 50.23% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Bharat Heavy Electricals's EBITDA for the three months ended in Mar. 2026 was ₹20,130 Mil. Bharat Heavy Electricals's Revenue for the three months ended in Mar. 2026 was ₹123,104 Mil. Therefore, Bharat Heavy Electricals's EBITDA margin for the quarter that ended in Mar. 2026 was 16.35%.


Bharat Heavy Electricals  (BOM:500103) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Bharat Heavy Electricals EBITDA Margin % Related Terms


Bharat Heavy Electricals EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Bharat Heavy Electricals's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bharat Heavy Electricals EBITDA Margin % Chart

Bharat Heavy Electricals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.66 6.76 5.34 6.23 9.50

Bharat Heavy Electricals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.02 -6.42 10.25 9.21 16.35

BOM:500103 vs GEV, ETN, PH: EBITDA Margin % Comparison

For the Specialty Industrial Machinery subindustry, Bharat Heavy Electricals's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bharat Heavy Electricals EBITDA Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bharat Heavy Electricals's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Bharat Heavy Electricals's EBITDA Margin % falls into.


BOM:500103
74GF Score
Bharat Heavy Electricals Ltd BOM:500103
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Heavy Electricals EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Bharat Heavy Electricals's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=32108.9/337821.8
=9.50 %

Bharat Heavy Electricals's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=20130.1/123103.7
=16.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 16.35% mean?
Bharat Heavy Electricals (BOM:500103) has a EBITDA Margin % of 16.35% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Bharat Heavy Electricals and its competitors. This is 175% above median its historical median of 5.95. According to the industry distribution chart, Bharat Heavy Electricals ranks #1509 out of 3032 companies in the Industrial Products industry, placing it in the top 49.8%.
Is Bharat Heavy Electricals' EBITDA Margin % too high?
Bharat Heavy Electricals' current EBITDA Margin % of 16.35% is 175% above median its 10-year median of 5.95. The Industrial Products industry median EBITDA Margin % is 9.46. Bharat Heavy Electricals' value of 16.35% is 72.9% above this industry median. Based on the distribution chart, Bharat Heavy Electricals ranks #1509 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bharat Heavy Electricals has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Heavy Electricals' EBITDA Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bharat Heavy Electricals ranks #1509 out of 3032 companies for EBITDA Margin %. This puts Bharat Heavy Electricals in the upper half of its industry. The industry median EBITDA Margin % is 9.46. Bharat Heavy Electricals' value of 16.35% is 72.9% above this benchmark. While the company's 10-year median is 5.95 vs. the industry median of 9.46, Bharat Heavy Electricals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Industrial Products company?
The median EBITDA Margin % among Industrial Products companies is 9.46, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharat Heavy Electricals's current EBITDA Margin % of 16.35% is 72.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Bharat Heavy Electricals and its competitors. For the Industrial Products industry, the median EBITDA Margin % is 9.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Heavy Electricals's current EBITDA Margin % is 16.35%, which is 175% above median its own 10-year median of 5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Heavy Electricals stock overvalued right now?
Based on GuruFocus' analysis, Bharat Heavy Electricals (BOM:500103) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹318.82, compared to a current price of ₹413.60 — trading 29.7% above its estimated fair value. The current EBITDA Margin % is 16.35%, which is 175% above median its 10-year median of 5.95 and 72.9% above the Industrial Products industry median of 9.46. Bharat Heavy Electricals' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Bharat Heavy Electricals (BOM:500103), the current EBITDA Margin % is 16.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bharat Heavy Electricals (BOM:500103) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Heavy Electricals stock appears to be overvalued. The current stock price of ₹413.60 is trading 29.7% above its estimated GF Value™ of ₹318.82. GuruFocus considers Bharat Heavy Electricals to be Modestly Overvalued.

Key valuation signals for BOM:500103:

  • EBITDA Margin %: 16.35% (175% above median its 10-year median of 5.95)
  • GF Value™: ₹318.82 vs. price of ₹413.60 (29.7% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 72.9% above the Industrial Products median (#1509 of 3032)

No single metric tells the full story. See the BOM:500103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bharat Heavy Electricals Business Description

Other Exchanges BHEL:India
Address BHEL House, Siri Fort, New Delhi, IND, 110 049
Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer and engineering company in India. Its products and services serve power, transportation, energy, oil and gas, defense, and other industrial markets. The company has three business segments: Power (which contributes the majority of total revenue), Industry sector and International Operations. Bharat's product portfolio consists of heavy industrial equipment and components, including turbines, valves, pumps, boilers, and insulators. In addition, the company offers aftersales service to customers for maintenance and repairs and can help synchronize power plants. The majority of total revenue is derived from India, but the company has a footprint in many different regions.
74GF Score

Get the complete analysis for BOM:500103

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹413.60
Price
₹318.82
GF Value