Bharat Electronics Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Bharat Electronics Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: For every ₹100 of sales, ₹69 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹53 tied up three years earlier. More money tied up than 92% of Industrials companies in India.
- Growth Efficiency Ratio: Sales grew 54% in 3 years; of every extra ₹100 of sales, ₹33 became extra profit. Higher than 90% of Industrials companies in India.
- Steadiness Ratio: Sales and profit both grew in each of the last 3 years. Steadier than 86% of Industrials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹44Over the last 3 years, every ₹100 of reported profit came with ₹44 of operating cash.
Lower than 66% of Industrials companies in India.
Self-Funding Ratio
2.6×Over the last 3 years its own operating cash covered its investment spending (capex) 2.6 times.
Higher than 77% of Industrials companies in India.
Cash Locked Ratio
₹69For every ₹100 of sales, ₹69 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹53 tied up three years earlier.
More money tied up than 92% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 86% of Industrials companies in India.
Growth Efficiency Ratio
₹33Sales grew 54% in 3 years; of every extra ₹100 of sales, ₹33 became extra profit.
Higher than 90% of Industrials companies in India.
Asset Productivity Ratio
+54% / +25%In 3 years sales changed by +54% while total assets changed by +25%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
No debt dueNo debt falls due within a year, according to the latest yearly balance sheet.
Cash Cushion Ratio
+3%Cash, after subtracting all debt, equals 3% of its market value (net cash).
Higher than 77% of Industrials companies in India.
Tangible Assets Ratio
98%Of every ₹100 the company owns, ₹98 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 71% of Industrials companies in India.
Tangible Net Worth Ratio
96%Of every ₹100 of net worth, ₹96 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 68% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Bharat Electronics Limited owes ₹0.46 for every ₹1 it owns. Net profit rose 14% in the year to Mar 2026, and grew 27% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
43.4Investors pay ₹43.4 for every ₹1 of Bharat Electronics Limited's yearly profit, higher than 71% of Industrials companies in India.
P/B ratio
11.11The share price is 11.11 times Bharat Electronics Limited's book value per share, higher than 90% of Industrials companies in India.
Market cap
₹266,441 CrThe total market value of all of Bharat Electronics Limited's shares at today's price (share price × number of shares), larger than almost all Industrials companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹23,988 CrWhat Bharat Electronics Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹32.82Net worth divided by the number of shares. The share price of ₹364.50 is 11.1 times this, which is the P/B above.
Return on equity (ROE)
25.6%Bharat Electronics Limited earned 25.6% on its shareholders' money over the last year, higher than 90% of Industrials companies in India.
Owes vs Owns
0.46×Bharat Electronics Limited owes ₹0.46 for every ₹1 it owns (low), higher than 57% of Industrials companies in India.
Dividend yield
0.68%Bharat Electronics Limited pays 0.68% of its share price as dividends a year, higher than 61% of dividend-paying Industrials companies in India.
Revenue growth
+16%Revenue rose 16% in the year to Mar 2026, and grew 15% a year on average over 3 years.
Profit growth
+14%Net profit rose 14% in the year to Mar 2026, and grew 27% a year on average over 3 years.
Profit margin
22.6%Bharat Electronics Limited keeps ₹23 of every ₹100 of revenue as net profit.
Cash quality
0.3×Cash from Bharat Electronics Limited's business was 0.3× its reported profit in the year to Mar 2026 — less cash came in than the profit reported.
Interest cover
1198.8×Bharat Electronics Limited's operating profit covered its interest costs 1198.8 times in the year to Mar 2026.
Cash vs debt
Net cashBharat Electronics Limited held ₹8,519 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Bharat Electronics Limited's P/E ratio?
Investors pay ₹43.4 for every ₹1 of Bharat Electronics Limited's yearly profit, higher than 71% of Industrials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Bharat Electronics Limited: ₹266,441 Cr ÷ ₹23,988 Cr (31 Mar 2026) = 11.1.
What is Bharat Electronics Limited's return on equity?
Bharat Electronics Limited earned 25.6% on its shareholders' money over the last year, higher than 90% of Industrials companies in India.
How much does Bharat Electronics Limited owe compared with what it owns?
Bharat Electronics Limited owes ₹0.46 for every ₹1 it owns (low), higher than 57% of Industrials companies in India.
Does Bharat Electronics Limited pay a dividend?
Yes. Bharat Electronics Limited pays 0.68% of its share price as dividends a year, higher than 61% of dividend-paying Industrials companies in India.
Is Bharat Electronics Limited's revenue growing?
Revenue rose 16% in the year to Mar 2026, and grew 15% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.