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 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 13, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Market Capitalization	914,464	801,300	557,858	525,859	358,550	326,797
Market Cap Growth	73.41%	43.64%	6.08%	46.66%	9.72%	17.74%
Enterprise Value	965,681	848,174	615,590	578,437	405,978	361,455
Last Close Price	1913.00	1674.60	1162.42	1116.14	754.71	679.16
PE Ratio	84.70	74.22	59.27	55.29	67.86	30.21
PS Ratio	5.44	4.77	3.69	3.35	2.78	3.12
PB Ratio	9.57	8.39	6.05	7.34	5.32	4.93
P/TBV Ratio	10.07	8.82	6.23	7.73	5.65	5.06
P/FCF Ratio	264.18	231.49	161.29	374.63	120.20	-
P/OCF Ratio	61.51	53.90	31.06	31.60	27.70	64.60
EV/Sales Ratio	5.74	5.05	4.07	3.69	3.15	3.46
EV/EBITDA Ratio	33.10	28.98	23.27	23.14	23.49	19.02
EV/EBIT Ratio	49.62	43.37	33.30	33.53	38.75	29.32
EV/FCF Ratio	278.98	245.03	177.98	412.08	136.10	-
Debt / Equity Ratio	0.77	0.77	0.73	1.11	1.09	0.90
Debt / EBITDA Ratio	2.50	2.50	2.48	3.11	4.13	3.07
Debt / FCF Ratio	21.11	21.11	19.39	56.62	24.52	-
Net Debt / Equity Ratio	0.54	0.54	0.50	0.73	0.78	0.52
Net Debt / EBITDA Ratio	1.76	1.76	1.74	2.10	3.03	1.82
Net Debt / FCF Ratio	14.86	14.86	13.33	37.37	17.53	-6.16
Asset Turnover	0.79	0.79	0.77	0.83	0.76	0.73
Inventory Turnover	1.99	1.99	2.01	2.41	2.11	1.95
Quick Ratio	0.63	0.63	0.58	0.64	0.63	0.78
Current Ratio	1.17	1.17	1.18	1.08	1.09	1.30
Return on Equity (ROE)	11.60%	11.60%	11.15%	13.09%	7.61%	17.84%
Return on Assets (ROA)	5.77%	5.77%	5.86%	5.71%	3.85%	5.35%
Return on Invested Capital (ROIC)	8.89%	8.96%	8.84%	8.95%	5.84%	10.53%
Return on Capital Employed (ROCE)	15.40%	15.40%	16.20%	17.10%	10.40%	13.00%
Earnings Yield	1.18%	1.35%	1.69%	1.81%	1.47%	3.31%
FCF Yield	0.38%	0.43%	0.62%	0.27%	0.83%	-1.72%
Dividend Yield	0.42%	0.51%	0.73%	0.81%	0.93%	1.03%
Payout Ratio	35.16%	35.16%	44.85%	39.96%	61.56%	15.18%
Buyback Yield / Dilution	-1.85%	-1.85%	-0.83%	-	-	-
Total Shareholder Return	-1.43%	-1.34%	-0.10%	0.81%	0.93%	1.03%

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