In sheet hydroforming, variation in incoming sheet coil properties is a common problem for forming process, especially with materials for automotive applications. Even though incoming sheet coil may meet tensile test specifications, high rejection rate is often observed in production due to inconsistent material behavior. Thus there is a strong need for a discriminating method for testing incoming sheet material formability. The hydraulic sheet bulge test emulates biaxial deformation conditions commonly seen in production operations. This test is increasingly being applied by the European automotive industry, especially for obtaining reliable sheet material flow stress data that is essential for accurate process simulation. This paper presents determination of Forming Limit curves (FLCs) of materials Aluminium, Mild steel and Brass. Theoretical analysis is carried out by deriving governing equations for determining of Equivalent stress and Equivalent strain based on the bulging to be spherical and Tresca's yield criterion with the associated flow rule. For experimentation Circular Grid Analysis is used. Validation of Experimental results is carried out with explicit solver ANSYS LS-DYNA using inverse analysis method.