Bharat Heavy Electricals (BOM:500103) Current Ratio: 1.59 (As of Mar. 2026) — Near Median


BOM:500103 Bharat Heavy Electricals Ltd BOM:500103
81 GF Score
Price ₹395.30
GF Value ₹322.55
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Bharat Heavy Electricals Current Ratio?

Bharat Heavy Electricals BOM:500103 +3.60% 81 Current Ratio is 1.59 as of Mar. 2026, which is 7% above its 10-year median of 1.48. GuruFocus rates BOM:500103 with a GF Score™ of 81/100 and a GF Value™ of ₹322.55 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,074 Industrial Products companies, Bharat Heavy Electricals ranks worse than 65.19% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Bharat Heavy Electricals's current ratio for the quarter that ended in Mar. 2026 was 1.59.

Bharat Heavy Electricals has a current ratio of 1.59. It generally indicates good short-term financial strength.

The historical rank and industry rank for Bharat Heavy Electricals's Current Ratio or its related term are showing as below:

BOM:500103' s Current Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.48   Max: 2.13
Current: 1.59

During the past 13 years, Bharat Heavy Electricals's highest Current Ratio was 2.13. The lowest was 1.24. And the median was 1.48.

BOM:500103's Current Ratio is ranked worse than
65.19% of 3074 companies
in the Industrial Products industry
Industry Median: 1.96 vs BOM:500103: 1.59

Bharat Heavy Electricals  (BOM:500103) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Bharat Heavy Electricals Current Ratio Related Terms


Bharat Heavy Electricals Current Ratio Historical Data

* Premium members only.

The historical data trend for Bharat Heavy Electricals's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bharat Heavy Electricals Current Ratio Chart

Bharat Heavy Electricals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.24 1.37 1.51 1.59

Bharat Heavy Electricals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 0.00 1.45 0.00 1.59

BOM:500103 vs GEV, ETN, PH: Current Ratio Comparison

For the Specialty Industrial Machinery subindustry, Bharat Heavy Electricals's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bharat Heavy Electricals Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bharat Heavy Electricals's Current Ratio distribution charts can be found below:

* The bar in red indicates where Bharat Heavy Electricals's Current Ratio falls into.


BOM:500103
81GF Score
Bharat Heavy Electricals Ltd BOM:500103
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Heavy Electricals Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Bharat Heavy Electricals's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=514553.5/323021.8
=1.59

Bharat Heavy Electricals's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=514553.5/323021.8
=1.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.59 mean?
Bharat Heavy Electricals (BOM:500103) has a Current Ratio of 1.59 as of Mar. 2026. This is near median its historical median of 1.48. Over the past decade, Bharat Heavy Electricals' Current Ratio has ranged from 1.24 to 2.13. According to the industry distribution chart, Bharat Heavy Electricals ranks #2004 out of 3074 companies in the Industrial Products industry, placing it in the top 65.2%.
Is Bharat Heavy Electricals' Current Ratio too high?
Bharat Heavy Electricals' current Current Ratio of 1.59 is near median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.13. The Industrial Products industry median Current Ratio is 1.96. Bharat Heavy Electricals' value of 1.59 is 18.9% below this industry median. Based on the distribution chart, Bharat Heavy Electricals ranks #2004 out of 3074 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bharat Heavy Electricals has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Heavy Electricals' Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bharat Heavy Electricals ranks #2004 out of 3074 companies for Current Ratio. This places Bharat Heavy Electricals in the lower half of its industry. The industry median Current Ratio is 1.96. Bharat Heavy Electricals' value of 1.59 is 18.9% below this benchmark. Historically, Bharat Heavy Electricals' own Current Ratio has ranged from 1.24 to 2.13 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.96, Bharat Heavy Electricals has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,074 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharat Heavy Electricals's current Current Ratio of 1.59 is 18.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Heavy Electricals's current Current Ratio is 1.59, which is near median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Heavy Electricals stock overvalued right now?
Based on GuruFocus' analysis, Bharat Heavy Electricals (BOM:500103) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹322.55, compared to a current price of ₹395.30 — trading 22.6% above its estimated fair value. The current Current Ratio is 1.59, which is near median its 10-year median of 1.48 and 18.9% below the Industrial Products industry median of 1.96. Bharat Heavy Electricals' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Bharat Heavy Electricals (BOM:500103), the current Current Ratio is 1.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bharat Heavy Electricals (BOM:500103) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Heavy Electricals stock appears to be overvalued. The current stock price of ₹395.30 is trading 22.6% above its estimated GF Value™ of ₹322.55. GuruFocus considers Bharat Heavy Electricals to be Modestly Overvalued.

Key valuation signals for BOM:500103:

  • Current Ratio: 1.59 (near median its 10-year median of 1.48)
  • GF Value™: ₹322.55 vs. price of ₹395.30 (22.6% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 18.9% below the Industrial Products median (#2004 of 3074)

No single metric tells the full story. See the BOM:500103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bharat Heavy Electricals Business Description

Other Exchanges BHEL:India
Address BHEL House, Siri Fort, New Delhi, IND, 110 049
Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer and engineering company in India. Its products and services serve power, transportation, energy, oil and gas, defense, and other industrial markets. The company has three business segments: Power (which contributes the majority of total revenue), Industry sector and International Operations. Bharat's product portfolio consists of heavy industrial equipment and components, including turbines, valves, pumps, boilers, and insulators. In addition, the company offers aftersales service to customers for maintenance and repairs and can help synchronize power plants. The majority of total revenue is derived from India, but the company has a footprint in many different regions.
81GF Score

Get the complete analysis for BOM:500103

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹395.30
Price
₹322.55
GF Value