Bharat Heavy Electricals profitability ratios

Per cent unless marked ×
Tap a line for its trendLast 12Mto Sep 2026FY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
Returns
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
6.3%6.3%2.2%1.1%1.8%
2.2%2.2%0.8%0.5%0.8%
4.8%4.8%2.6%1.0%1.3%
7.5%4.6%2.0%1.2%1.5%
Margins
10.1%6.9%4.4%2.6%3.1%
6.0%6.0%3.4%1.5%2.0%
—19.4%13.6%−17.5%—
10.0%6.1%2.4%0.7%1.8%
7.6%4.7%1.9%1.2%2.0%
——1.9%1.2%—
15.5%15.5%6.7%−16.5%−4.0%
Additional
25.5%25.9%30.8%−22.1%0.5%
—10.9%16.4%49.4%29.2%
6.3%5.6%1.8%0.6%1.3%
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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

BHEL₹385.95

Bharat Heavy Electricals Ltd.

· Capital Goods & Defence
₹ CrorePeersLTTHERMAXSUZLONASHOKLEYAPLAPOLLOPOLYCABGVT&DPOWERINDIAMcap ₹1.34L Cr
ProfitabilityGrowthCreditLiquidityWorking CapitalYield AnalysisDuPont
Ratios — % unless marked ×
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Last 12M
30/09/2026
Returns
Return on Common Equity1.791.102.176.296.29
Return on Assets0.830.480.842.222.22
Return on Capital Employed1.291.042.644.844.84
Return on Invested Capital1.481.162.014.567.50
Margins
EBITDA Margin3.072.564.386.9310.13
Operating Margin1.951.523.426.006.00
Incremental Operating Margin—-17.5313.6319.42—
Pretax Margin1.810.752.426.1510.01
Net Income Margin2.041.181.884.747.62
Net Income to Common Margin—1.181.88——
FCF Margin-3.98-16.516.7415.5415.54
Additional
Effective Tax Rate0.48-22.1430.8325.9125.54
Dvd Payout Ratio29.1549.4116.3810.91—
Sustainable Growth Rate1.270.561.815.606.29
No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.