BHEL ka toofani performance!
BHEL ne toh kamaal kar diya bhai! FY26 ke Q4 mein company ka net profit ek saal pehle ke mukable 155% badh gaya aur ₹1,290 crore par pahunch gaya. Ye sab isliye hua kyunki revenue 36.9% tez hokar ₹12,310 crore ho gaya. Asal magic hua hai EBITDA margins mein, jo 9.2% se badhkar 14.2% ho gaye. Company ko ₹243 crore ka 'other income' bhi mila hai. Aur toh aur, BHEL ka order backlog lagbhag ₹2.4 lakh crore ka hai, jo FY29-30 tak revenue ki guarantee deta hai.
Ather Energy bhi peeche nahi!
Electric scooter banane wali Ather Energy ne bhi sabko surprise kiya hai. March quarter mein inka net loss kam hokar bas ₹100 crore raha. Revenue 73.7% badh kar ₹1,175 crore ho gaya hai. Company ab operating leverage par zyada focus kar rahi hai. Inki sabse zyada quarterly sales hui, 67,851 units bechi gayi, jisne desh mein 17.4% ka market share dilaya. EBITDA loss bhi ₹172 crore se girkar ₹69.5 crore ho gaya hai.
Analyst kya keh rahe hain?
BHEL ke liye JM Financial ne 'Buy' rating di hai aur target price ₹393 rakha hai. Par kuch analysts ko lagta hai ki stock abhi thoda mehenga ho sakta hai, P/E ratio lagbhag 147.22x ke aas paas hai. BHEL ki market cap ₹1.16 se ₹1.21 lakh crore ke beech mein hai.
Ather Energy ko EV subsidies ka fayda mil raha hai jo July 2026 tak extend ho gayi hain. Inka valuation $1.3 billion se bhi zyada hai aur IPO ki bhi khabar hai.
BHEL ko India ke infrastructure projects aur energy transition se fayda hoga. Ather ko apne competitors Ola Electric, Bajaj Auto, aur TVS Motors se competition face karna padega.
