{"id":306829,"date":"2026-10-14T10:23:23","date_gmt":"2026-10-14T04:53:23","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=306829"},"modified":"2026-10-14T10:23:23","modified_gmt":"2026-10-14T04:53:23","slug":"bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/","title":{"rendered":"BHEL Q2 Results 2026 Today: Should You Buy, Sell or Hold PSU Stock Ahead of Earnings Announcement?"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>BHEL Q2 results (14 Oct 2026): estimates revenue Rs 9,236 crore to Rs 9,452 crore (+23% to +26%), net profit about Rs 607 crore to Rs 654 crore. Order book Rs 2,60,255 crore (June). BHEL share price Rs 431.65 on 13 Oct; 52-week high Rs 455.95; up 48.10% in 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">BHEL&#8217;s board meets on Wednesday 14 October 2026 to approve the BHEL Q2 results, and estimates point to revenue of Rs 9,236 crore to Rs 9,452 crore, up 23% to 26%, with net profit up 65% to 78%. One estimate set sees EBITDA of Rs 881 crore at a 9.5% margin and net profit of Rs 654.4 crore against Rs 368 crore a year earlier. The BHEL share price was Rs 431.65 at 1:44 pm on 13 October, about 5% below the 52-week high of Rs 455.95, and the stock is up 48% in 2026, so expectations are high. Order inflow, which one report says may be lacklustre, is the key number to watch.<\/p>\n<\/p><\/div>\n<p>BHEL, the state-owned power equipment maker, reports its September quarter numbers today. After a turnaround in Q1 and a rally to a 52-week high, the BHEL Q2 results will test whether the recovery is lasting.<\/p>\n<p>This guide explains the BHEL Q2 results estimates, the Q1 FY27 base, the order book, the share price and a buy, sell or hold framework. Where sources conflict or I calculate a figure, I say so.<\/p>\n<p>The key point is that the stock already reflects good news, so an in-line result may not be enough to lift the BHEL share price.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#BHEL_Q2_Results_Estimates_vs_Last_Year\" title=\"BHEL Q2 Results: Estimates vs Last Year\">BHEL Q2 Results: Estimates vs Last Year<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#BHEL_Q1_FY27_The_Base_for_the_BHEL_Q2_Results\" title=\"BHEL Q1 FY27: The Base for the BHEL Q2 Results\">BHEL Q1 FY27: The Base for the BHEL Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#BHEL_Order_Book_and_Order_Inflow_Ahead_of_the_BHEL_Q2_Results\" title=\"BHEL Order Book and Order Inflow Ahead of the BHEL Q2 Results\">BHEL Order Book and Order Inflow Ahead of the BHEL Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#BHEL_Share_Price_Ahead_of_the_BHEL_Q2_Results\" title=\"BHEL Share Price Ahead of the BHEL Q2 Results\">BHEL Share Price Ahead of the BHEL Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#Buy_Sell_or_Hold_BHEL_Before_the_Results\" title=\"Buy, Sell or Hold BHEL Before the Results?\">Buy, Sell or Hold BHEL Before the Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#What_to_Watch_Next_After_the_BHEL_Q2_Results\" title=\"What to Watch Next After the BHEL Q2 Results\">What to Watch Next After the BHEL Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#When_are_the_BHEL_Q2_results\" title=\"When are the BHEL Q2 results?\">When are the BHEL Q2 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#What_are_the_estimates_for_the_BHEL_Q2_results\" title=\"What are the estimates for the BHEL Q2 results?\">What are the estimates for the BHEL Q2 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#What_was_BHELs_Q1_FY27_profit\" title=\"What was BHEL&#8217;s Q1 FY27 profit?\">What was BHEL&#8217;s Q1 FY27 profit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#What_is_the_BHEL_order_book\" title=\"What is the BHEL order book?\">What is the BHEL order book?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#What_is_the_BHEL_share_price\" title=\"What is the BHEL share price?\">What is the BHEL share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#Should_I_buy_BHEL_before_the_results\" title=\"Should I buy BHEL before the results?\">Should I buy BHEL before the results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#What_are_the_risks_around_the_BHEL_Q2_results\" title=\"What are the risks around the BHEL Q2 results?\">What are the risks around the BHEL Q2 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of-earnings-announcement-estimates-order-book-share-price\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"BHEL_Q2_Results_Estimates_vs_Last_Year\"><\/span><strong>BHEL Q2 Results: Estimates vs Last Year<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Estimate (Q2 FY27)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY26<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Growth<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 9,236 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 7,511 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 23%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EBITDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 881 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 581 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 52% (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EBITDA margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">9.5%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">7.7%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">+1.8 percentage points<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 654.4 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 368 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 78%<\/td>\n<\/tr>\n<\/table>\n<p>A second preview of the BHEL Q2 results, headlined by Zeebiz, sees revenue rising 26% to Rs 9,452 crore and net profit up 65%, which would be about Rs 607 crore on the Rs 368 crore base (my calculation). Together, the two previews give a net profit range of about Rs 607 crore to Rs 654 crore.<\/p>\n<p>Compared with Q1 FY27 revenue of Rs 7,697.72 crore, the BHEL Q2 results estimate of Rs 9,236 crore is about 20% higher (my calculation), and the net profit estimate is about 74% above Q1&#8217;s Rs 376.71 crore.<\/p>\n<p><strong>Data note:<\/strong> The source of the first estimate set is not named, so treat the figures as indicative.<\/p>\n<p><strong>Risk:<\/strong> A miss in the BHEL Q2 results on revenue or margin can send the BHEL share price down sharply after a 48% rise this year.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Screen PSU and power equipment stocks on the Univest Screener<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"BHEL_Q1_FY27_The_Base_for_the_BHEL_Q2_Results\"><\/span><strong>BHEL Q1 FY27: The Base for the BHEL Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q1 FY27<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 7,697.72 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 40.3% from Rs 5,486.91 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 376.71 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Against a loss of Rs 455.50 crore a year earlier<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Profit before tax<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 507.70 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Against a loss of Rs 608.04 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Power segment revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 5,919.50 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 51.8%; about 76.9% of revenue<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Industry segment revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,778.22 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 12%; segment result down 20.9% to Rs 242.61 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Overdue Sudan receivable<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 196 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Treated as recoverable; full provision would cut PBT by Rs 177 crore<\/td>\n<\/tr>\n<\/table>\n<p>BHEL turned profitable in Q1 after losses a year earlier, and one report called it a return to profit after eight years of difficulty. The BHEL Q2 results need to confirm that Q1 was not a one-off.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"BHEL_Order_Book_and_Order_Inflow_Ahead_of_the_BHEL_Q2_Results\"><\/span><strong>BHEL Order Book and Order Inflow Ahead of the BHEL Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Figure<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Order book (30 June 2026)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,60,255 crore, up 27%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q1 order inflow<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 26,745 crore (power Rs 22,625 crore, exports Rs 2,353 crore, industry Rs 1,767 crore)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Order book mix<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Power 81%, industry 17%, exports 2%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Largest-ever export order<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Eight gas turbine generator packages for a refinery and polypropylene plant<\/td>\n<\/tr>\n<\/table>\n<p>The order book is about 8.5 times annualised Q1 revenue (my calculation: Rs 2,60,255 crore divided by about Rs 30,791 crore), which gives many years of work. The concern is new inflow: one preview says Q2 inflow may remain lacklustre, which could limit refilling of the pipeline.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track BHEL and get result alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"BHEL_Share_Price_Ahead_of_the_BHEL_Q2_Results\"><\/span><strong>BHEL Share Price Ahead of the BHEL Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Level<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price at 1:44 pm on 13 Oct<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 431.65, down 1.88%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day range<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 426.15 to Rs 438.30<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week high (7 Oct 2026)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 455.95; the price is about 5.3% below it (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return in 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 48.10%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">One-year return<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 83.79%<\/td>\n<\/tr>\n<\/table>\n<p>Implied shares in issue are about 348.8 crore (my calculation: Q1 profit of Rs 376.71 crore divided by EPS of Rs 1.08), so the market value at Rs 431.65 is about Rs 1.5 lakh crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Buy_Sell_or_Hold_BHEL_Before_the_Results\"><\/span><strong>Buy, Sell or Hold BHEL Before the Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">If you<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Consider<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Hold BHEL already<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Hold and wait for the BHEL Q2 results order inflow and margin; avoid adding before the print<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Want to buy<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Wait for the results and the reaction; the price is near its high<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Plan to sell<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Check whether the gain is large enough to book, since expectations are high<\/td>\n<\/tr>\n<\/table>\n<p><strong>Risk:<\/strong> Results days such as the BHEL Q2 results can bring sharp moves in both directions. Position size matters more than the direction call.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_After_the_BHEL_Q2_Results\"><\/span><strong>What to Watch Next After the BHEL Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>BHEL Q2 results revenue against the Rs 9,236 crore to Rs 9,452 crore estimates<\/li>\n<li>EBITDA margin against the 9.5% estimate<\/li>\n<li>Order inflow and the order book against Rs 2,60,255 crore<\/li>\n<li>Power segment profit and the industry segment trend<\/li>\n<li>BHEL share price reaction near the Rs 455.95 high<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The BHEL Q2 results are expected to show strong growth after the Q1 turnaround, but the stock is up 48% this year and near its high. Watch order inflow and margins, and avoid reacting to the first headline.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"When_are_the_BHEL_Q2_results\"><\/span><strong>When are the BHEL Q2 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> BHEL&#8217;s board meets on Wednesday 14 October 2026 to approve the unaudited results for the September quarter.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_estimates_for_the_BHEL_Q2_results\"><\/span><strong>What are the estimates for the BHEL Q2 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> One estimate sees revenue of Rs 9,236 crore, EBITDA of Rs 881 crore and net profit of Rs 654.4 crore. Another sees revenue of Rs 9,452 crore and profit up 65%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_BHELs_Q1_FY27_profit\"><\/span><strong>What was BHEL&#8217;s Q1 FY27 profit?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit was Rs 376.71 crore against a loss of Rs 455.50 crore a year earlier, on revenue of Rs 7,697.72 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_BHEL_order_book\"><\/span><strong>What is the BHEL order book?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The order book was Rs 2,60,255 crore at the end of June 2026, up 27%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_BHEL_share_price\"><\/span><strong>What is the BHEL share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It was Rs 431.65 at 1:44 pm on 13 October 2026, with a 52-week high of Rs 455.95.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_BHEL_before_the_results\"><\/span><strong>Should I buy BHEL before the results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock is near its high and expectations are strong. Consider waiting for the results and speak to a SEBI registered adviser.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_around_the_BHEL_Q2_results\"><\/span><strong>What are the risks around the BHEL Q2 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Weak order inflow, margin pressure, the Sudan receivable and a high price after a 48% rise.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"When are the BHEL Q2 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"BHEL's board meets on Wednesday 14 October 2026 to approve the unaudited results for the September quarter.\"}},{\"@type\":\"Question\",\"name\":\"What are the estimates for the BHEL Q2 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"One estimate sees revenue of Rs 9,236 crore, EBITDA of Rs 881 crore and net profit of Rs 654.4 crore. Another sees revenue of Rs 9,452 crore and profit up 65%.\"}},{\"@type\":\"Question\",\"name\":\"What was BHEL's Q1 FY27 profit?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Net profit was Rs 376.71 crore against a loss of Rs 455.50 crore a year earlier, on revenue of Rs 7,697.72 crore.\"}},{\"@type\":\"Question\",\"name\":\"What is the BHEL order book?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The order book was Rs 2,60,255 crore at the end of June 2026, up 27%.\"}},{\"@type\":\"Question\",\"name\":\"What is the BHEL share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It was Rs 431.65 at 1:44 pm on 13 October 2026, with a 52-week high of Rs 455.95.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy BHEL before the results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock is near its high and expectations are strong. Consider waiting for the results and speak to a SEBI registered adviser.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks around the BHEL Q2 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Weak order inflow, margin pressure, the Sudan receivable and a high price after a 48% rise.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BHEL Q2 results today: profit seen up 65% to 78%. See estimates, Q1 base, order book, share price and a buy, sell or hold framework.<\/p>\n","protected":false},"author":38,"featured_media":306828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[11923,4143,11924,5450,1170],"class_list":["post-306829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bhel-q2-results","tag-bhel-share-price","tag-earnings","tag-order-book","tag-psu-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["306828"],"rank_math_title":["BHEL Q2 Results 2026 Today: Estimates, Order Book, Buy or Hold"],"rank_math_description":["BHEL Q2 results today: profit seen up 65% to 78% on revenue growth near 23% to 26%. See estimates, order book, share price and a buy, sell or hold view."],"rank_math_focus_keyword":["BHEL Q2 results"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/bhel-q2-results-2026-today-should-you-buy-sell-or-hold-psu-stock-ahead-of.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/306829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=306829"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/306829\/revisions"}],"predecessor-version":[{"id":306830,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/306829\/revisions\/306830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/306828"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=306829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=306829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=306829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}