Comparison

Last Price Market Cap. Sales Net Profit Total Assets

(Rs. cr.) Turnover
BHEL 2,472.05 121,011.79 26,858.63 3,138.21 16,04
Larsen 1,839.65 110,961.64 37,034.80 4,375.52 25,11
Suzlon Energy 47.70 8,415.69 3,508.93 -1,414.09 13,20
BGR Energy 804.90 5,799.33 3,073.78 201.02 1,26
BEML 1,004.05 4,181.32 2,797.17 268.84 2,94
AIA Engineering 357.10 3,368.18 819.24 122.56 74
Alfa Laval 1,379.70 2,505.60 887.57 123.34 38
Praj Industries 75.55 1,395.70 603.12 113.89 53
Shriram EPC 282.85 1,242.90 1,119.02 44.66 64
TRF 797.25 877.33 649.95 47.18 31

…………………….

Comparison with Compitetior..yearly

AIA Engineering Suzlon Energy Larsen BGR Energy AIA Engineering

Sales Turnover Mar '09 Mar '10 Mar '10 Mar '10 Mar

Other Income 931.67 3,508.93 37,034.80 3,073.78 819

Total Income 11.17 222.89 910.25 20.18 12

Total Expenses 942.83 3,731.82 37,945.05 3,093.95 831

Operating Profit 723.09 3,751.63 32,219.25 2,725.73 626

Profit On Sale Of Assets 208.58 -242.70 4,815.55 348.05 193

Profit On Sale Of Investments -- -- -- --

Gain/Loss On Foreign Exchange -- -- -- --

BHEL pleads against competition from Chinese equipment makers

Mumbai, May 5: Its now official. Chinese dragon has posed a serious challenge to the Indian
power equipment manufacturers. The state-run Bharat Heavy Electricals Ltd (BHEL), in its
recent two communications to the centre, has argued that it was currently facing unfair
competition from power equipment manufacturers in China on account of the prevalence of
flexibility in unit sizes in India. BHEL has called upon the centre to standardise unit ratings in
India especially when the country has managed to build up competencies in the area of
manufacture of 210mw, 250mw and 500 mw units. However, BHEL said that the domestic
equipment supplier would require over three years transition time to be able to compete with
Chinese companies for 600 MW sets.

BHEL sources told FE on Monday "Eventhough BHEL is geared up to meet its commitment for
the 11th plan period in particular, it is oddly placed in the present situation when Chinese
equipment manufacturers have posed a serious competition. We have already made presentations
to the concerned authorities and await their response." Sources recalled that BHEL, NTPC JV
Company was last week incorporated. The JV would jointly execute EPC (engineering,
procurement, construction) contracts and manufacture and supply equipment in India and abroad.

BHEL and NMCC also expressed their concern with regard to the plant load factor (PLF) levels of units
supplied by Chinese manufacturers. BHEL sources noted that the recent study revealed that the PLF of
Chinese units is low in comparison to units supplied indigenously by BHEL
Comparison

VRS Adjustment -- -- -- --

Other Extraordinary Income/Expenses -- -- -- --

Total Extraordinary Income/Expenses -- -- -- --

Tax On Extraordinary Items 3.09 -439.02 1,210.50 --

Net Extra Ordinary Income/Expenses -- -- -- --

Gross Profit -- -- -- --

Interest 219.75 -19.81 5,725.80 368.23 205

PBDT 0.85 653.59 505.31 53.76 0

Depreciation 221.99 -1,112.42 6,430.99 314.45 205

Depreciation On Revaluation Of Assets 16.17 126.27 414.60 9.78 18

PBT -- -- -- --

Tax 205.82 -1,238.69 6,016.39 304.67 186

Net Profit 72.36 175.40 1,640.87 103.65 63

Prior Years Income/Expenses 133.46 -1,414.09 4,375.52 201.02 122

Depreciation for Previous Years Written Back/ Provided -- -- -- --

Dividend -- -- -- --

Dividend Tax -- -- -- --

Dividend (%) -- -- -- --

Earnings Per Share -- -- -- --

Book Value 14.15 -- 72.66 27.92 12

Equity -- -- -- --

Reserves 18.86 311.35 120.44 72.00 18

BHEL pleads against competition from Chinese equipment makers

Mumbai, May 5: Its now official. Chinese dragon has posed a serious challenge to the Indian
power equipment manufacturers. The state-run Bharat Heavy Electricals Ltd (BHEL), in its
recent two communications to the centre, has argued that it was currently facing unfair
competition from power equipment manufacturers in China on account of the prevalence of
flexibility in unit sizes in India. BHEL has called upon the centre to standardise unit ratings in
India especially when the country has managed to build up competencies in the area of
manufacture of 210mw, 250mw and 500 mw units. However, BHEL said that the domestic
equipment supplier would require over three years transition time to be able to compete with
Chinese companies for 600 MW sets.

BHEL sources told FE on Monday "Eventhough BHEL is geared up to meet its commitment for
the 11th plan period in particular, it is oddly placed in the present situation when Chinese
equipment manufacturers have posed a serious competition. We have already made presentations
to the concerned authorities and await their response." Sources recalled that BHEL, NTPC JV
Company was last week incorporated. The JV would jointly execute EPC (engineering,
procurement, construction) contracts and manufacture and supply equipment in India and abroad.

BHEL and NMCC also expressed their concern with regard to the plant load factor (PLF) levels of units
supplied by Chinese manufacturers. BHEL sources noted that the recent study revealed that the PLF of
Chinese units is low in comparison to units supplied indigenously by BHEL
Comparison

Face Value 629.90 5,277.24 18,142.82 631.20 724

Source : Religare Technova

Explore BHEL connections

BHEL pleads against competition from Chinese equipment makers

Mumbai, May 5: Its now official. Chinese dragon has posed a serious challenge to the Indian
power equipment manufacturers. The state-run Bharat Heavy Electricals Ltd (BHEL), in its
recent two communications to the centre, has argued that it was currently facing unfair
competition from power equipment manufacturers in China on account of the prevalence of
flexibility in unit sizes in India. BHEL has called upon the centre to standardise unit ratings in
India especially when the country has managed to build up competencies in the area of
manufacture of 210mw, 250mw and 500 mw units. However, BHEL said that the domestic
equipment supplier would require over three years transition time to be able to compete with
Chinese companies for 600 MW sets.

BHEL sources told FE on Monday "Eventhough BHEL is geared up to meet its commitment for
the 11th plan period in particular, it is oddly placed in the present situation when Chinese
equipment manufacturers have posed a serious competition. We have already made presentations
to the concerned authorities and await their response." Sources recalled that BHEL, NTPC JV
Company was last week incorporated. The JV would jointly execute EPC (engineering,
procurement, construction) contracts and manufacture and supply equipment in India and abroad.

BHEL and NMCC also expressed their concern with regard to the plant load factor (PLF) levels of units
supplied by Chinese manufacturers. BHEL sources noted that the recent study revealed that the PLF of
Chinese units is low in comparison to units supplied indigenously by BHEL