Bharat Forge Ratios and Metrics

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 18, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Market Capitalization	847,101	557,858	525,859	358,550	326,797	277,561
Market Cap Growth	48.27%	6.08%	46.66%	9.72%	17.74%	154.66%
Enterprise Value	893,975	615,590	578,437	405,978	361,455	305,231
Last Close Price	1771.40	1162.42	1116.14	754.71	679.16	575.13
PE Ratio	75.02	59.27	55.29	67.86	30.21	-
PS Ratio	5.25	3.69	3.35	2.78	3.12	4.38
PB Ratio	9.08	6.05	7.34	5.32	4.93	5.10
P/TBV Ratio	9.55	6.23	7.73	5.65	5.06	5.17
P/FCF Ratio	-	161.29	374.63	120.20	-	262.45
P/OCF Ratio	-	31.06	31.60	27.70	64.60	27.21
EV/Sales Ratio	5.54	4.07	3.69	3.15	3.46	4.82
EV/EBITDA Ratio	32.11	23.27	23.14	23.49	19.02	39.61
EV/EBIT Ratio	46.87	33.30	33.53	38.75	29.32	147.10
EV/FCF Ratio	-	177.98	412.08	136.10	-	288.61
Debt / Equity Ratio	0.71	0.73	1.11	1.09	0.90	0.97
Debt / EBITDA Ratio	2.38	2.48	3.11	4.13	3.07	6.56
Debt / FCF Ratio	-	19.39	56.62	24.52	-	49.84
Net Debt / Equity Ratio	0.51	0.50	0.73	0.78	0.52	0.50
Net Debt / EBITDA Ratio	1.73	1.74	2.10	3.03	1.82	3.54
Net Debt / FCF Ratio	-	13.33	37.37	17.53	-6.16	25.80
Asset Turnover	-	0.77	0.83	0.76	0.73	0.51
Inventory Turnover	-	2.01	2.41	2.11	1.95	1.49
Quick Ratio	-	0.58	0.64	0.63	0.78	0.90
Current Ratio	-	1.18	1.08	1.09	1.30	1.38
Return on Equity (ROE)	-	11.15%	13.09%	7.61%	17.84%	-2.37%
Return on Assets (ROA)	-	5.86%	5.71%	3.85%	5.35%	1.05%
Return on Invested Capital (ROIC)	9.15%	8.84%	8.95%	5.84%	10.53%	2.55%
Return on Capital Employed (ROCE)	-	16.20%	17.10%	10.40%	13.00%	2.40%
Earnings Yield	1.33%	1.69%	1.81%	1.47%	3.31%	-0.46%
FCF Yield	-	0.62%	0.27%	0.83%	-1.72%	0.38%
Dividend Yield	0.45%	0.73%	0.81%	0.93%	1.03%	0.35%
Payout Ratio	-	44.85%	39.96%	61.56%	15.18%	-
Buyback Yield / Dilution	-2.55%	-0.83%	-	-	-	-
Total Shareholder Return	-2.09%	-0.10%	0.81%	0.93%	1.03%	0.35%

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