Bharat Heavy Electricals Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Bharat Heavy Electricals Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Profit Cash Ratio: Over the last 3 years, every ₹100 of reported profit came with ₹179 of operating cash. Higher than 88% of Industrials companies in India.
- Self-Funding Ratio: Over the last 3 years its own operating cash covered its investment spending (capex) 3.8 times. Higher than 85% 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
₹179Over the last 3 years, every ₹100 of reported profit came with ₹179 of operating cash.
Higher than 88% of Industrials companies in India.
Self-Funding Ratio
3.8×Over the last 3 years its own operating cash covered its investment spending (capex) 3.8 times.
Higher than 85% of Industrials companies in India.
Cash Locked Ratio
₹24For every ₹100 of sales, ₹24 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹8 from others' credit three years earlier.
Less money tied up than 51% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 61% of Industrials companies in India.
Growth Efficiency Ratio
₹9Sales grew 46% in 3 years; of every extra ₹100 of sales, ₹9 became extra profit.
Higher than 51% of Industrials companies in India.
Asset Productivity Ratio
+46% / +34%In 3 years sales changed by +46% while total assets changed by +34%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
0.7×Debt due within a year is covered 0.7 times by its yearly operating cash.
Higher than 54% of Industrials companies in India.
Cash Cushion Ratio
+2%Cash, after subtracting all debt, equals 2% of its market value (net cash).
Higher than 72% of Industrials companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 58% of Industrials companies in India.
Tangible Net Worth Ratio
99%Of every ₹100 of net worth, ₹99 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 53% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Bharat Heavy Electricals Limited owes ₹0.66 for every ₹1 it owns. Net profit rose 200% in the year to Mar 2026, and grew 36% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
55.4Investors pay ₹55.4 for every ₹1 of Bharat Heavy Electricals Limited's yearly profit, higher than 80% of Industrials companies in India.
P/B ratio
5.16The share price is 5.16 times Bharat Heavy Electricals Limited's book value per share, higher than 71% of Industrials companies in India.
Market cap
₹134,930 CrThe total market value of all of Bharat Heavy Electricals 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)
₹26,147 CrWhat Bharat Heavy Electricals 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
₹75.09Net worth divided by the number of shares. The share price of ₹387.50 is 5.2 times this, which is the P/B above.
Return on equity (ROE)
9.3%Bharat Heavy Electricals Limited earned 9.3% on its shareholders' money over the last year, lower than 62% of Industrials companies in India.
Owes vs Owns
0.66×Bharat Heavy Electricals Limited owes ₹0.66 for every ₹1 it owns (moderate), higher than 86% of Industrials companies in India.
Dividend yield
0.32%Bharat Heavy Electricals Limited pays 0.32% of its share price as dividends a year, lower than 67% of dividend-paying Industrials companies in India.
Revenue growth
+18%Revenue rose 18% in the year to Mar 2026, and grew 13% a year on average over 3 years.
Profit growth
+200%Net profit rose 200% in the year to Mar 2026, and grew 36% a year on average over 3 years.
Profit margin
4.9%Bharat Heavy Electricals Limited keeps ₹5 of every ₹100 of revenue as net profit.
Cash quality
3.6×Cash from Bharat Heavy Electricals Limited's business was 3.6× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
2.1×Bharat Heavy Electricals Limited's operating profit covered its interest costs 2.1 times in the year to Mar 2026.
Cash vs debt
Net cashBharat Heavy Electricals Limited held ₹2,662 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Bharat Heavy Electricals Limited's P/E ratio?
Investors pay ₹55.4 for every ₹1 of Bharat Heavy Electricals Limited's yearly profit, higher than 80% 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 Heavy Electricals Limited: ₹134,930 Cr ÷ ₹26,147 Cr (31 Mar 2026) = 5.2.
What is Bharat Heavy Electricals Limited's return on equity?
Bharat Heavy Electricals Limited earned 9.3% on its shareholders' money over the last year, lower than 62% of Industrials companies in India.
How much does Bharat Heavy Electricals Limited owe compared with what it owns?
Bharat Heavy Electricals Limited owes ₹0.66 for every ₹1 it owns (moderate), higher than 86% of Industrials companies in India.
Does Bharat Heavy Electricals Limited pay a dividend?
Yes. Bharat Heavy Electricals Limited pays 0.32% of its share price as dividends a year, lower than 67% of dividend-paying Industrials companies in India.
Is Bharat Heavy Electricals Limited's revenue growing?
Revenue rose 18% in the year to Mar 2026, and grew 13% 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.