Bharat Heavy Electricals Limited (BOM:500103)

Bharat Heavy Electricals Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	1,014,325	752,300	860,766	244,197	171,840	169,751
Market Cap Growth	20.07%	-12.60%	252.49%	42.11%	1.23%	134.38%
Enterprise Value	1,042,477	792,529	895,940	234,513	158,413	155,520
Last Close Price	291.30	215.60	246.47	69.64	48.70	48.11
PE Ratio	181.88	140.91	305.00	37.33	38.53	-
Forward PE	41.17	76.31	73.71	137.51	30.14	91.55
PS Ratio	3.47	2.66	3.60	1.05	0.81	0.98
PB Ratio	4.16	3.04	3.52	1.00	0.65	0.65
P/TBV Ratio	4.18	3.06	3.54	1.00	0.65	0.66
P/FCF Ratio	65.25	39.38	-	-	35.01	54.83
P/OCF Ratio	51.23	34.32	-	-	26.03	30.32
PEG Ratio	0.45	-	-	-	-	-
EV/Sales Ratio	3.56	2.80	3.75	1.00	0.75	0.90
EV/EBITDA Ratio	94.60	75.07	180.11	50.02	25.41	-
EV/EBIT Ratio	129.24	93.99	324.55	97.10	45.04	-
EV/FCF Ratio	67.06	41.49	-	-	32.27	50.23
Debt / Equity Ratio	0.45	0.37	0.36	0.22	0.18	0.19
Debt / EBITDA Ratio	10.49	8.14	16.87	10.87	7.25	-
Debt / FCF Ratio	7.06	4.72	-	-	9.84	15.99
Asset Turnover	0.44	0.45	0.41	0.41	0.38	0.30
Inventory Turnover	1.92	2.23	2.43	2.47	2.17	1.49
Quick Ratio	0.47	1.12	1.03	0.91	0.95	0.98
Current Ratio	1.45	1.52	1.37	1.24	1.30	1.39
Return on Equity (ROE)	2.30%	2.17%	1.16%	2.57%	1.70%	-9.88%
Return on Assets (ROA)	0.70%	0.83%	0.30%	0.27%	0.39%	-3.99%
Return on Capital (ROIC)	1.36%	1.57%	0.55%	0.49%	0.71%	-7.09%
Return on Capital Employed (ROCE)	1.90%	2.10%	0.80%	0.70%	1.00%	-10.50%
Earnings Yield	0.55%	0.71%	0.33%	2.68%	2.60%	-15.89%
FCF Yield	1.53%	2.54%	-4.58%	-3.81%	2.86%	1.82%
Dividend Yield	0.17%	0.23%	0.10%	0.57%	0.82%	-
Payout Ratio	31.24%	16.38%	49.41%	21.28%	0.07%	-
Buyback Yield / Dilution	0.50%	-	-	-	-	-
Total Shareholder Return	0.67%	0.23%	0.10%	0.57%	0.82%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.