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	Jan 15, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	2,998,106	2,201,705	1,472,555	713,069	513,756	304,818
Market Cap Growth	44.04%	49.52%	106.51%	38.80%	68.55%	68.26%
Enterprise Value	2,917,700	2,119,334	1,391,084	713,242	513,908	304,963
Last Close Price	410.25	300.62	199.39	95.38	67.46	39.21
PE Ratio	52.64	41.37	36.96	23.89	21.42	14.52
PS Ratio	11.92	9.26	7.27	4.02	3.34	2.16
PB Ratio	13.89	11.01	9.01	5.14	4.18	2.75
P/TBV Ratio	14.48	11.45	9.38	5.42	4.43	2.91
P/FCF Ratio	314.87	-	36.75	117.13	14.07	6.59
P/OCF Ratio	150.90	375.32	31.60	59.46	12.21	5.99
EV/Sales Ratio	11.60	8.92	6.86	4.02	3.34	2.16
EV/EBITDA Ratio	39.21	31.13	27.20	17.45	15.46	9.27
EV/EBIT Ratio	41.89	33.28	29.59	19.36	17.47	10.47
EV/FCF Ratio	306.43	-	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	0.06	-	0.02	0.10	0.01	0.00
Asset Turnover	0.61	0.59	0.54	0.51	0.49	0.52
Inventory Turnover	1.32	1.50	1.56	1.69	1.73	1.80
Quick Ratio	0.93	1.20	1.11	1.04	0.70	0.69
Current Ratio	1.82	1.77	1.55	1.46	1.39	1.41
Return on Equity (ROE)	29.01%	29.30%	26.37%	22.81%	20.54%	19.85%
Return on Assets (ROA)	10.47%	9.91%	7.83%	6.64%	5.80%	6.76%
Return on Capital (ROIC)	22.00%	21.83%	19.36%	17.51%	15.69%	17.19%
Return on Capital Employed (ROCE)	30.50%	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	0.32%	-0.19%	2.72%	0.85%	7.11%	15.17%
Dividend Yield	0.58%	0.80%	1.10%	1.89%	2.22%	3.40%
Payout Ratio	30.81%	31.59%	36.69%	41.64%	42.66%	48.73%
Buyback Yield / Dilution	-0.01%	-	-	-	-	-
Total Shareholder Return	0.57%	0.80%	1.10%	1.89%	2.22%	3.40%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.