- Bharat Heavy’s fourth-quarter net income rose by 4.1% year-over-year to 5.04 billion rupees but fell short of analyst estimates of 9.16 billion rupees.
- The company reported revenue of 89.9 billion rupees, marking an 8.8% increase from the previous year, but below the expected 110.83 billion rupees.
- Total costs increased by 8.5% year-over-year, amounting to 84.5 billion rupees.
- Raw material costs surged significantly by 21% to 69.8 billion rupees.
- Other income from the company decreased by 3.6%, totaling 1.59 billion rupees.
- A dividend of 0.5 rupees per share was declared for the shareholders.
- Following the earnings announcement, Bharat Heavy’s shares rose by 4% to 255.47 rupees, with a total of 28.1 million shares traded.
- Market sentiment includes 7 buy recommendations, 2 hold, and 8 sell recommendations.
A look at Bharat Heavy Electricals Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Bharat Heavy Electricals demonstrates a promising long-term outlook. With above-average scores in Growth and Momentum, the company seems positioned to expand and potentially outperform in the future. The strong Growth score indicates that Bharat Heavy Electricals is likely to see robust development opportunities, while the high Momentum score suggests ongoing positive market sentiment and potential upward stock price movement.
Although Bharat Heavy Electricals scored slightly lower in Value and Dividend, its overall performance remains solid with balanced scores in Resilience. The company’s diverse product range, which includes power plant equipment like generators and transformers, provides a stable foundation for future growth. This, coupled with the positive indicators in Growth and Momentum, signals a positive outlook for Bharat Heavy Electricals in the long term.
Summary: Bharat Heavy Electricals Limited is a manufacturer of power plant equipment, with a product portfolio encompassing a wide range of items such as gas turbines, generators, thermal sets, and transformers. Additionally, the company produces a variety of other industrial products including compressors, pumps, and valves, emphasizing its extensive manufacturing capabilities and market presence.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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