MultiTech Industries Competitors and Similar CompaniesClear all

Bharat Heavy Electricals's competitors and similar companies include voestalpine and Zhongwang Group.

	Bharat Heavy Electricals Bharat Heavy Electricals Limited (BHEL) is a company that manufactures power equipment.	voestalpine voestalpine is a steel and technology company that specializes in material processing services.	Zhongwang Group Zhongwang Group (also known as China Zhongwang Holdings, 中国忠旺控股有限公司) is a company that develops and manufactures fabricated aluminum products.
Founding Date	Founding Date 1964	Founding Date 1938	Founding Date 1993
Type	Type Public	Type Public	Type Subsidiary
Tags	Tags Manufacturing & Industrial electronics generators	Tags Manufacturing & Industrial mechanical components metal products	Tags Manufacturing & Industrial mechanical components metal products
Locations	Locations New Delhi, IN HQ Bengaluru, IN Bengaluru, IN Bengaluru, IN Bhopal, IN Chennai, IN Goindwal Sahib, IN see more	Locations Linz, AT HQ Buenos Aires, AR Orchard Hills, AU Sydney, AU Strombeek Bever, BE Sao Paulo, BR Sofia, BG see more	Locations Hong Kong, HK HQ Liaoyang City, CN
Employees	Employees 41,132	Employees 49,614	Employees 37,849
Financial
Revenue (est.)	Revenue (est.) ₹337.8b (FY, 2026)	Revenue (est.) €15.7b (FY, 2025)	Revenue (est.) N/A
Cost of goods	Cost of goods ₹229.8b (FY, 2026)	Cost of goods €12.3b (FY, 2025)	Cost of goods N/A
Gross profit	Gross profit ₹116.1b (FY, 2026)	Gross profit €3.8b (FY, 2025)	Gross profit N/A
Net income	Net income ₹16b (FY, 2026)	Net income €178.6m (FY, 2025)	Net income N/A

For sources of this data, please see the company profile

Linz, AT

Employees

49,614

voestalpine is a steel and technology company that specializes in material processing services.

Hong Kong, HK

Zhongwang Group (also known as China Zhongwang Holdings, 中国忠旺控股有限公司) is a company that develops and manufactures fabricated aluminum products.

Financial