Bharat Electronics Limited (NSE:BEL)

Bharat Electronics 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	Feb 5, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	3,139,915	2,201,705	1,472,555	713,069	513,756	304,818
Market Cap Growth	50.32%	49.52%	106.51%	38.80%	68.55%	68.26%
Enterprise Value	3,059,510	2,119,334	1,391,084	713,242	513,908	304,963
Last Close Price	429.65	300.62	199.39	95.38	67.46	39.21
PE Ratio	52.65	41.37	36.96	23.89	21.42	14.52
PS Ratio	11.83	9.26	7.27	4.02	3.34	2.16
PB Ratio	14.55	11.01	9.01	5.14	4.18	2.75
P/TBV Ratio	15.16	11.45	9.38	5.42	4.43	2.91
P/FCF Ratio	-	-	36.75	117.13	14.07	6.59
P/OCF Ratio	-	375.32	31.60	59.46	12.21	5.99
EV/Sales Ratio	11.53	8.92	6.86	4.02	3.34	2.16
EV/EBITDA Ratio	38.90	31.13	27.20	17.45	15.46	9.27
EV/EBIT Ratio	41.36	33.28	29.59	19.36	17.47	10.47
EV/FCF Ratio	-	-	34.72	117.15	14.07	6.60
Debt / Equity Ratio	0.00	0.00	0.00	0.00	0.00	0
Debt / EBITDA Ratio	0.01	0.01	0.01	0.01	0.02	0.00
Debt / FCF Ratio	-	-	0.02	0.10	0.01	0.00
Asset Turnover	-	0.59	0.54	0.51	0.49	0.52
Inventory Turnover	-	1.50	1.56	1.69	1.73	1.80
Quick Ratio	-	1.20	1.11	1.04	0.70	0.69
Current Ratio	-	1.77	1.55	1.46	1.39	1.41
Return on Equity (ROE)	-	29.30%	26.37%	22.81%	20.54%	19.85%
Return on Assets (ROA)	-	9.91%	7.83%	6.64%	5.80%	6.76%
Return on Invested Capital (ROIC)	40.41%	59.79%	63.11%	52.22%	40.73%	28.50%
Return on Capital Employed (ROCE)	-	30.20%	26.90%	24.70%	20.50%	23.00%
Earnings Yield	1.90%	2.42%	2.71%	4.18%	4.67%	6.89%
FCF Yield	-	-0.19%	2.72%	0.85%	7.11%	15.17%
Dividend Yield	0.56%	0.80%	1.10%	1.89%	2.22%	3.40%
Payout Ratio	-	31.59%	36.69%	41.64%	42.66%	48.73%
Buyback Yield / Dilution	-0.04%	-	-	-	-	-
Total Shareholder Return	0.52%	0.80%	1.10%	1.89%	2.22%	3.40%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.