Annual Report 2009-2010 of Bharat Heavy Electricals Limited

It is a broadly described annual report of Bharat Heavy Electricals Limited in the year of 2009-2010. During the financial year, Total assets of the Company stood at Rs. 16045.11 Crore. During the year, the company witnessed a healthy growth in Turnover by 21.83% to Rs. 34154 Crore from Rs. 28033 Crore in the previous year. The Company posted the Profit before Tax for the year Rs. 6591 Crore. During the year under review, Profit after tax of the Company is placed at Rs. 4311 Crore as against Rs. 3138 Crore during 2008-09, a growth of 37.38% over previous year. The Net worth of the company has gone up from Rs. 12939 Crore to Rs. 15917 Crore registering an increase of 23.02%. Net Asset Value (NAV) per share has increased from Rs. 264.32 in 2008-09 to Rs. 325.16 in 2009-10.

The Board of Directors of the Company has recommended a Final Dividend of @123% (Rs. 12.30 per share), Rs. 602.11 Crore, for the year 2009-10. An interim dividend of @110% (Rs. 11 per share), Rs. 538.47 Crore, on the share capital of Rs. 489.52 Crore, has already been paid for the year 2009-10.

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