Bharat Heavy Electricals Limited Cash Flow Conversion Efficiency

Latest as of September 2025: -0.048x

Bharat Heavy Electricals Limited cash flow conversion efficiency. Based on the latest financial reports, Bharat Heavy Electricals Limited (BHEL) has a cash flow conversion efficiency ratio of -0.048x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs-11.82 Billion ≈ $-127.82 Million USD) by net assets (Rs244.00 Billion ≈ $2.64 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Bharat Heavy Electricals Limited (2004–2026)

Cash flow conversion efficiency of Bharat Heavy Electricals Limited from 2004 to 2026. This chart illustrates how Bharat Heavy Electricals Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Bharat Heavy Electricals Limited (BHEL) share price today for real-time trading data and today's change.

Bharat Heavy Electricals Limited Cash Flow Conversion Ratio Explained

Bharat Heavy Electricals Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Bharat Heavy Electricals Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Bharat Heavy Electricals Limited ranked by their cash flow conversion efficiency. Also see BHEL stock market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
WUXI BIOLOGICS-00000083 F:1FW2	N/A
JIO Financial Services Ltd NSE:JIOFIN	-0.034x
SK Innovation KO:096770	0.056x
CONTINENTAL AG ADR 1/10 F:CONA	0.328x
Chocoladefabriken Lindt & Spruengli AG N SW:LISN	0.135x
Vale S.A BA:VALE	0.061x
Will Semiconductor Co Ltd SHG:603501	0.025x
Insurance Australia Group Ltd AU:IAG	0.129x

Annual Cash Flow Conversion Efficiency for Bharat Heavy Electricals Limited (2004–2026)

The table below shows the annual cash flow conversion efficiency of Bharat Heavy Electricals Limited from 2004 to 2026. Review cash generation quality of Bharat Heavy Electricals Limited to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs261.47 Billion ≈ $2.83 Billion	Rs58.16 Billion ≈ $628.95 Million	0.222x	+150.81%
2025-03-31	Rs247.22 Billion ≈ $2.67 Billion	Rs21.92 Billion ≈ $237.11 Million	0.089x	+158.10%
2024-03-31	Rs243.22 Billion ≈ $2.63 Billion	Rs-37.13 Billion ≈ $-401.54 Million	-0.153x	-401.86%
2023-03-31	Rs243.78 Billion ≈ $2.64 Billion	Rs-7.42 Billion ≈ $-80.19 Million	-0.030x	-222.11%
2022-03-31	Rs265.07 Billion ≈ $2.87 Billion	Rs6.60 Billion ≈ $71.40 Million	0.025x	+15.19%
2021-03-31	Rs259.72 Billion ≈ $2.81 Billion	Rs5.62 Billion ≈ $60.73 Million	0.022x	+121.43%
2020-03-31	Rs286.52 Billion ≈ $3.10 Billion	Rs-28.92 Billion ≈ $-312.71 Million	-0.101x	+19.84%
2019-03-31	Rs308.66 Billion ≈ $3.34 Billion	Rs-38.86 Billion ≈ $-420.22 Million	-0.126x	-511.51%
2018-03-31	Rs323.31 Billion ≈ $3.50 Billion	Rs9.89 Billion ≈ $106.96 Million	0.031x	+84.83%
2017-03-31	Rs323.88 Billion ≈ $3.50 Billion	Rs5.36 Billion ≈ $57.97 Million	0.017x	+76.12%
2016-03-31	Rs331.73 Billion ≈ $3.59 Billion	Rs3.12 Billion ≈ $33.72 Million	0.009x	-60.85%
2015-03-31	Rs342.09 Billion ≈ $3.70 Billion	Rs8.21 Billion ≈ $88.81 Million	0.024x	-82.36%
2014-03-31	Rs331.61 Billion ≈ $3.59 Billion	Rs45.12 Billion ≈ $487.96 Million	0.136x	+137.27%
2013-03-31	Rs305.37 Billion ≈ $3.30 Billion	Rs17.51 Billion ≈ $189.38 Million	0.057x	+307.96%
2012-03-31	Rs254.08 Billion ≈ $2.75 Billion	Rs-7.01 Billion ≈ $-75.77 Million	-0.028x	-120.59%
2011-03-31	Rs201.55 Billion ≈ $2.18 Billion	Rs26.99 Billion ≈ $291.90 Million	0.134x	+30.59%
2010-03-31	Rs158.96 Billion ≈ $1.72 Billion	Rs16.30 Billion ≈ $176.29 Million	0.103x	-61.73%
2009-03-31	Rs129.23 Billion ≈ $1.40 Billion	Rs34.63 Billion ≈ $374.53 Million	0.268x	-16.98%
2008-03-31	Rs107.74 Billion ≈ $1.17 Billion	Rs34.78 Billion ≈ $376.12 Million	0.323x	+0.55%
2007-03-31	Rs87.88 Billion ≈ $950.42 Million	Rs28.21 Billion ≈ $305.12 Million	0.321x	+44.35%
2006-03-31	Rs73.01 Billion ≈ $789.62 Million	Rs16.24 Billion ≈ $175.61 Million	0.222x	+63.80%
2005-03-31	Rs60.27 Billion ≈ $651.79 Million	Rs8.18 Billion ≈ $88.49 Million	0.136x	-57.59%
2004-03-31	Rs52.96 Billion ≈ $572.74 Million	Rs16.96 Billion ≈ $183.36 Million	0.320x	--

About Bharat Heavy Electricals Limited

NSE:BHEL India Specialty Industrial Machinery

Market Cap

$14.60 Billion

Rs1.35 Trillion INR

Market Cap Rank

#1618 Global

#51 in India

Share Price

Rs387.60

Change (1 day)

-3.57%

52-Week Range

Rs242.50 - Rs464.00

All Time High

Rs464.00