BHEL  May-24

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Questions and Answers

What is one implied factor that could affect the company's operations?

  • The company's internal management decisions
  • The personal interests of shareholders
  • Technological advancements in competitors
  • Global and Indian demand supply conditions (correct)

What does the company assume regarding its forward-looking statements?

  • They will be amended with every new market trend
  • It assumes no responsibility to publicly amend them (correct)
  • They will always be accurate and reliable
  • The company will publicly revise them if necessary

Which of the following is NOT listed as a potential influencing factor on the company's performance?

  • Economic developments in foreign countries
  • Company's advertising budget (correct)
  • Changes in government regulations
  • Cyclical demand and pricing in principal markets

Which statement best reflects the company's stance on the unpredictability of their forecasts?

<p>Forecasts are subject to changes in regulations (C)</p> Signup and view all the answers

What factor concerning lawsuits is mentioned as potentially influential to the company?

<p>Ongoing litigation could adversely affect operations (C)</p> Signup and view all the answers

What is the total number of Vande Bharat trains ordered?

<p>80 (D)</p> Signup and view all the answers

Which of the following projects received an order from NTPC Ltd.?

<p>2x800 MW Singrauli STPP Stage-III (B)</p> Signup and view all the answers

What is the total capacity of the orders received for the upgraded SRGM?

<p>20 (D)</p> Signup and view all the answers

How many substations were ordered along with the transmission products?

<p>10 (C)</p> Signup and view all the answers

What was the order book figure for FY23?

<p>9,537 crore (B)</p> Signup and view all the answers

What was the Profit After Tax for FY24?

<p>260 crore (C)</p> Signup and view all the answers

Which period saw a decrease in Profit Before Tax compared to the previous year?

<p>Q4 FY24 (B)</p> Signup and view all the answers

What was the total amount of trade receivables for Q4 FY24?

<p>8010 crore (C)</p> Signup and view all the answers

What change occurred to the net provisions from FY23 to FY24?

<p>Decrease by 46 crore (A), Decrease by 46 crore (B)</p> Signup and view all the answers

What was the Revenue from Operations reported for Q4 FY23?

<p>8227 crore (D)</p> Signup and view all the answers

How much was the EBITDA in FY24?

<p>1201 crore (B)</p> Signup and view all the answers

In FY24, what was the total outstanding in the Order book as of March 31, 2024?

<p>34758 crore (B)</p> Signup and view all the answers

What was the Sales/Income from Operations for FY23?

<p>22136 crore (B)</p> Signup and view all the answers

What technology did BHEL incorporate in the Prototype MEMU Basic Unit?

<p>Indigenously developed Train Control &amp; Management System (TCMS) (D)</p> Signup and view all the answers

What is the primary function of the slurry recirculation pump designed by BHEL?

<p>Handling wet limestone-based slurry in FGD units (A)</p> Signup and view all the answers

Which platform developed by BHEL focuses on vibration analysis and monitoring?

<p>Key to Vibration Analysis &amp; Monitoring (KAMPAN 1.0) (A)</p> Signup and view all the answers

What award did BHEL receive for its increase in geo-strategic reach?

<p>Governance Now PSU Award (A)</p> Signup and view all the answers

In which category did BHEL win a Silver Award at the EEPC India Quality Awards 2023?

<p>Government/ PSU/ Central Joint Ventures (B)</p> Signup and view all the answers

Which SCOPE Award did BHEL receive for their focus on R&D and innovation?

<p>SCOPE Eminence Award 2019-20 (D)</p> Signup and view all the answers

For which achievement was BHEL recognized in the area of employee training and development?

<p>Governance Now PSU Award for Reskilling of Employees (A)</p> Signup and view all the answers

What is the primary goal of the Remote Vibration & Diagnostic Services (RVDS) platform developed by BHEL?

<p>Providing remote health monitoring of equipment (A)</p> Signup and view all the answers

What is the target year for Bharat Heavy Electricals Ltd to achieve Net Zero according to the Harit BHEL initiative?

<p>2047 (C)</p> Signup and view all the answers

How many saplings were planted by Bharat Heavy Electricals Ltd in FY24?

<p>81,000+ (D)</p> Signup and view all the answers

What is the cumulative coverage of Miyawaki forests in BHEL units?

<p>15,500+ sqm (C)</p> Signup and view all the answers

Which significant rating was achieved by three manufacturing units of Bharat Heavy Electricals Ltd in FY24?

<p>GreenCo silver rating (C)</p> Signup and view all the answers

What was the percentage increase in electricity generation from captive solar PV plants in FY24 compared to the previous year?

<p>8% (A)</p> Signup and view all the answers

How many Effluent Treatment Plants does Bharat Heavy Electricals Ltd operate?

<p>22 (D)</p> Signup and view all the answers

What was the total revenue from R&D products for Bharat Heavy Electricals Ltd in FY24?

<p>4,249 Rs.cr (A)</p> Signup and view all the answers

How many manufacturing units of Bharat Heavy Electricals Ltd have been declared Zero Liquid Discharge?

<p>11 (D)</p> Signup and view all the answers

What type of technology will be utilized in the Coal Gasification Project as per the Joint Venture Agreement between BHEL and CIL?

<p>PFBG Technology (B)</p> Signup and view all the answers

What is the approximate carbon footprint avoidance achieved by BHEL campuses in FY24?

<p>26,000 Metric Tons (C)</p> Signup and view all the answers

What is the capacity of the Ultra-Supercritical Expansion Unit at Deen Bandhu Chhotu Ram Thermal Power Plant?

<p>800 MW (D)</p> Signup and view all the answers

Which country is NOT mentioned as a market for gas turbine parts?

<p>India (C)</p> Signup and view all the answers

Which of the following projects is associated with the Kakrapar Atomic Power Project?

<p>2X700 MW Kakrapar Atomic Power Project (B)</p> Signup and view all the answers

What was the total capacity addition works done for the power segment?

<p>5.2 GW (A)</p> Signup and view all the answers

Which of the following projects has a capacity of 150 MW?

<p>Unit-2 of 2x150 MW Shirpur (A)</p> Signup and view all the answers

How many sets of propulsion equipment were supplied in the industry segment?

<p>95 (B)</p> Signup and view all the answers

Which project was jointly inaugurated by the Prime Ministers of India and Bangladesh?

<p>Unit-2 of 2X660 MW Maitree STPP (A)</p> Signup and view all the answers

What milestone was achieved in the Q4FY24 regarding commercial operations?

<p>Declaration of COD for Unit#2 of 800 MW NTPC Telangana (A)</p> Signup and view all the answers

What is the capacity of the Tamarind Fall Solar PV plant?

<p>8 MW (C)</p> Signup and view all the answers

Which of the following capacities refers to the synchronization works completed?

<p>2.4 GW (A)</p> Signup and view all the answers

In which market was the maiden direct export order for locomotive spares received?

<p>Sri Lanka Railways (B)</p> Signup and view all the answers

Which of the following is correctly matched with its output capacity?

<p>2X660 MW Maitree STPP (B), 700 MW Unit#4 of Kakrapar Atomic Power Plant (C), 30 MW STG of Shree Cement Ltd. (D)</p> Signup and view all the answers

What is the total number of SRGMs supplied from shipyards?

<p>11 (A)</p> Signup and view all the answers

What is the total capacity addition works completed across captive power and solar projects?

<p>7.6 GW (C)</p> Signup and view all the answers

Flashcards

Forward-looking statements

Statements about the company's future performance, including goals, estimations, and predictions.

Important factors

Factors that could affect a company's operations, such as demand, competition, and government regulations.

Amending forward-looking statements

The process of adjusting or updating forward-looking statements based on new information or events.

No responsibility to amend

The practice of not taking responsibility for making changes to forward-looking statements after they are released.

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No responsibility to modify

The company's commitment to not modify or update forward-looking statements based on new information.

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Order Book

A measure of a company's potential future revenue. It represents the value of contracts that have been awarded but not yet completed.

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Financial Year (FY)

A period of time that starts on April 1st and ends on March 31st of the following year.

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Industry Segment

A division or segment of a company that focuses on a specific type of product or service.

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EPC (Engineering, Procurement, and Construction)

A project where a company is responsible for all aspects of design, construction, and commissioning.

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Vande Bharat

A type of train known for its high speed and modern features.

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Order Book Outstanding

The total value of contracts and orders that a company has received but not yet completed.

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EBITDA

Earnings before interest, taxes, depreciation, and amortization. It's a measure of a company's profitability.

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Revenue from Operations

This refers to the total revenue a company generates from its primary business activities.

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Profit After Tax

The net income a company earns after deducting all expenses, including taxes.

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Trade Receivables

This represents the money a company is owed by its customers for goods or services already delivered.

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Contract Assets

The value of work a company has completed but has not been fully paid for yet.

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Net Provisions

Amounts set aside to cover possible future losses or costs. It can be related to potential customer defaults or bad debts.

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Gross Profit

The difference between a company's total revenue and its cost of goods sold. It represents the profit a company makes from its main operations.

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Ultra-Supercritical Thermal Power Plant

A type of power plant using steam to generate electricity, known for its efficiency and high output.

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WAP-7 Loco

A type of electrical locomotive used in India, known for its high speed and power.

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STG Package

A package of equipment used for combined heat and power generation in industries.

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SRGM

A type of ship using steam to generate power for propulsion.

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EHV Substation

A facility that transforms high-voltage electricity and distributes it to consumers.

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Hydropower Plant

A power plant that generates electricity using the energy of falling water.

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Steam Turbine Generator (STG)

A type of power plant using a rotating turbine driven by steam to generate electricity.

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Atomic Power Project

A type of power plant that uses nuclear reactions to generate heat and electricity.

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Solar PV Plant

A type of power plant that uses solar energy to generate electricity.

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Gas Turbine

A type of power plant that uses natural gas to generate electricity.

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Combined Cycle Power Plant

A type of power plant that uses a combination of gas turbines and steam turbines to generate electricity.

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Capacity Addition

The addition of new capacity to a power plant to increase its energy generation output.

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Synchronization

The process of connecting a newly built power plant to the electricity grid.

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Commercial Operation Declaration (COD)

The official announcement that a new power plant is operational and ready to generate electricity.

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Steam Generator Island

A set of equipment used to generate electricity from steam, typically found in power plants.

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Miyawaki Forest

A type of forest created using a specific method, typically dense and fast-growing, named after the Japanese botanist Akira Miyawaki.

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Captive Solar Plant

A plant that generates electricity from sunlight, often used to provide energy for a company's own operations.

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Effluent Treatment Plant

A facility that treats wastewater, reducing pollution and promoting sustainability.

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Rainwater Harvesting System

A system that collects and manages rainwater, reducing water scarcity and promoting sustainability.

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Net Zero Target

A measure that aims to reduce a company's environmental impact and achieve net-zero emissions by a specific year.

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GreenCo Rating

A certification given to companies that demonstrate good environmental practices, with three levels: Bronze, Silver, and Gold.

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Zero Liquid Discharge

The practice of preventing any liquid waste from being discharged into the environment, promoting sustainability.

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Single Use Plastic Free

A company's commitment to not using single-use plastic items, reducing environmental impact.

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Coal Gasification Joint Venture

A joint venture formed by two companies, BHEL and CIL, to develop a project that utilizes coal gasification technology.

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PFBG Technology

A technology developed by BHEL that is used to produce gas from coal, potentially for energy generation.

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What is TCMS?

A software system that controls and manages the operation of a train, including speed, braking, and communication.

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What is BHEL?

BHEL is a leading Indian company that specializes in manufacturing electrical equipment, including components for trains.

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What is KAMPAN 1.0 and what is it used for?

BHEL has created an in-house platform called KAMPAN 1.0 for analyzing and monitoring vibrations in plants. It uses a system called KAMPAN 1.0.

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What is RVDS and what does it do?

BHEL has developed a system called RVDS to provide remote vibration diagnostics and services for plants.

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What is an FGD unit and how does it work?

FGD units are used to remove sulfur dioxide (SO2) from flue gas, which is a byproduct of burning fossil fuels. BHEL has designed a pump for this purpose.

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What is a slurry and why is it used in FGD?

A slurry is a mixture of a liquid and solid particles. In this case, the slurry is made of wet limestone, used in flue gas cleaning.

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What was BHEL awarded in 2019-20?

BHEL was awarded the 'SCOPE Eminence Award 2019-20' for its excellence in research and development, technology, and innovation.

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What were the reasons for BHEL receiving the Governance Now PSU Awards 2023-24?

BHEL was recognized for their efforts in improving the geographical reach of their business and for training and developing their employees.

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Study Notes

Q4FY24 Results Summary

  • Bharat Heavy Electricals Ltd (BHEL) released Q4FY24 results on May 21, 2024.
  • The results include supplementary information for investors.
  • Important factors affecting the company's operations include global and Indian demand conditions, finished goods prices, cyclical demand and pricing in major markets, changes in government regulations, tax policies, economic trends, and litigation or labor negotiations.

Financial Highlights

  • Sales/Revenue from Operations (Q4FY23): 7,819 Crore
  • Sales/Revenue from Operations (Q4FY24): 7,884 Crore
  • Revenue from Operations (FY23): 22,136 Crore
  • Revenue from Operations (FY24): 22,921 Crore
  • EBITDA (Q4FY23): 1,161 Crore
  • EBITDA (Q4FY24): 893 Crore
  • Profit Before Tax (Q4FY23): 927 Crore
  • Profit Before Tax (Q4FY24): 631 Crore
  • Profit After Tax (Q4FY23): 645 Crore
  • Profit After Tax (Q4FY24): 484 Crore

Order Book and Execution

  • Highest ever yearly total order booking
  • Highest ever decadal outstanding order book
  • ~7.2 GW capacity addition and synchronization works across Power and Industry segments
  • JV for coal to ammonium nitrate with CIL under incorporation
  • Filed 543 Patents & Copyrights
  • 2.5% revenue on R&D expenditure
  • 18% revenue from R&D products

Diversification

  • Booked orders for VandeBharat trains, Super Rapid Gun Mounts, etc.
  • Highest yearly order booking in industry segment

Going Green

  • "Harit BHEL" launched with Net Zero target by 2047

Capacity Additions

  • FY24: Power: 3,910 MW
  • FY23: Power: 1,580 MW
  • FY24: Industry: 587 MW
  • FY23: Industry: 207 MW

Operations Highlights

  • 2X700 MW Kakrapar Atomic Power Project, Gujarat
  • 3X660 MW North Karanpura STPP, Jharkhand
  • 8 MW AC Tamarind Fall Solar PV Plant, Mauritius
  • 2X660 MW Maitree STPP, Bangladesh
  • Several notable power project completions and additions.
  • Notable order book highlights for various segments.

Financial Data (Q4 FY23 and FY24)

  • Trade Receivables (Q4FY23): 6544 Crore
  • Trade Receivables (Q4FY24): 8010 Crore
  • Contract Assets (Q4FY23): 26466 Crore
  • Contract Assets (Q4FY24): 26748 Crore

Order Book Highlights (Q4FY24)

  • Prominent thermal and other power segment orders.
  • Industry segment orders including gas turbine parts supplies
  • Export market orders in various regions
  • High order book highlighting potential, success and various segments

Awards & Recognition

  • BHEL received multiple prestigious SCOPE Awards for various categories
  • BHEL has won various other awards for R&D, Innovation, Excellence, Technology

Sustainable Initiatives

  • BHEL's "Harit BHEL" initiative focused on sustainable practices.
  • 81,000+ saplings planted in FY24, and 3,00,000+ in the past 5 years
  • 15 BHEL townships certified "Single Use Plastic Free" townships
  • Initiatives to reduce carbon footprint, establish large-scale solar and other renewable energy plants
  • Extensive sustainability efforts including 22 Effluent treatment plants, 18 Sewage Treatment Plants and rainwater harvesting systems

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