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 4, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	967,143	752,300	860,766	244,197	171,840	169,751
Market Cap Growth	24.86%	-12.60%	252.49%	42.11%	1.23%	134.38%
Enterprise Value	995,295	792,529	895,940	234,513	158,413	155,520
Last Close Price	277.75	215.60	246.47	69.64	48.70	48.11
PE Ratio	173.42	140.91	305.00	37.33	38.53	-
Forward PE	39.26	76.31	73.71	137.51	30.14	91.55
PS Ratio	3.30	2.66	3.60	1.05	0.81	0.98
PB Ratio	3.96	3.04	3.52	1.00	0.65	0.65
P/TBV Ratio	3.99	3.06	3.54	1.00	0.65	0.66
P/FCF Ratio	62.22	39.38	-	-	35.01	54.83
P/OCF Ratio	48.85	34.32	-	-	26.03	30.32
PEG Ratio	0.43	0.40	0.40	0.40	0.40	0.40
EV/Sales Ratio	3.40	2.80	3.75	1.00	0.75	0.90
EV/EBITDA Ratio	90.32	75.07	180.11	50.02	25.41	-
EV/EBIT Ratio	123.39	93.99	324.55	97.10	45.04	-
EV/FCF Ratio	64.03	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	0.58%	0.71%	0.33%	2.68%	2.60%	-15.89%
FCF Yield	1.61%	2.54%	-4.58%	-3.81%	2.86%	1.82%
Dividend Yield	0.18%	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	0.68%	0.23%	0.10%	0.57%	0.82%	-

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