Annual Report 2010-2011 of Bharat Heavy Electricals Limited

It is a broadly described annual report of Bharat Heavy Electricals Limited in the year of 2010-2011. During the financial year, Total assets of the Company stood at Rs. 20317.19 Crore. During the year, the company witnessed growth in Turnover by 26.89% to Rs. 43337 Crore from Rs. 34154 Crore in the previous year. The Company posted the Profit before Tax for the year Rs. 9006 Crore. During the year under review, Profit after tax of the Company is placed at Rs. 6011 Crore as against Rs. 4311 Crore during 2009-10, a growth of 39.43% over previous year. The Net worth of the company has gone up from Rs. 15917 Crore to Rs. 20154 Crore registering an increase of 26.62%. Net asset value (NAV) per share has increased from Rs. 325.16 in 2009-10 to Rs. 411.71 in 2010-11.

The Board of Directors of the Company has recommended a Final Dividend of @179% (Rs. 17.90 per share), Rs. 876.24 Crore, for the year 2010-11. An interim dividend of @132.50% (Rs. 13.25 per share), Rs. 648.61 Crore, on the share capital of Rs. 489.52 Crore, has already been paid for the year 2010-11.

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