Bharat Heavy Electricals valuation

Share price at each year-end
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
Price multiples — at each FY-end close
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
48.62×————
5.23×————
3.70×————
26.67×————
Enterprise multiples
3.91×————
38.64×————
42.29×————
Yield
2.1%————
3.7%————
Reference — adjusted share basis
₹401.95————
₹8.27₹4.60₹1.53₹0.81₹1.37
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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

BHEL₹401.95

Bharat Heavy Electricals Ltd.

· Capital Goods & Defence
₹ CrorePeersLTTHERMAXSUZLONASHOKLEYAPLAPOLLOPOLYCABGVT&DPOWERINDIAMcap ₹1.40L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
Multiples — ₹ Crore base
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Price Multiples — at each FY-end close
P/E————48.62
P/B————5.23
P/Sales————3.70
Price to Free Cash Flow————26.67
Enterprise Multiples
EV/Sales————3.91
EV/EBITDA————38.64
EV/EBIT————42.29
Yield
Earnings Yield %————2.06
FCF Yield %————3.75
Reference — adjusted share basis
Price (FY-end close, adj.)————401.95
EPS (adj.)1.370.811.534.608.27
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). 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%.