Bharat Forge
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Bharat Forge

1,875.00
-51.00
(-2.65%)
Market Cap
91,625.75 Cr
PE Ratio
131.35
Volume
11,51,437.00
Day High - Low
1,915.90 - 1,845.20
52W High-Low
2,295.00 - 1,179.40
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Key Fundamentals
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Market Cap
91,625.75 Cr
EPS
22.58
PE Ratio
131.35
PB Ratio
8.12
Book Value
236.94
EBITDA
3,125.40
Dividend Yield
0.43 %
Industry
Automobiles
Return on Equity
11.40
Debt to Equity
0.74
Analyst Rating and Forecast
- By Refinitiv from23 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+39.13 %
+39.13 %
Hold
Hold+26.09 %
+26.09 %
Sell
Sell+34.78 %
+34.78 %
Forecast For
Actual

Company News

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neutral
Bharat Forge shares flag large-trade signal on NSE5 days ago
A large-trade signal flagged approximately 1,12,562 Bharat Forge shares changing hands on NSE at ₹1,927.00, with a combined value of ₹21.69 crore.
neutral
Bharat Forge Limited has opened its Qualified Institutions Placement on September 17, 2026, with a floor price of ₹1,947.70 per share. The issue follows shareholder approval via postal ballot.
positive
Bharat Forge ties up with Pratt & Whitney Canada on turboprop enginesSep 15, 2026
Bharat Forge has partnered with RTX's Pratt & Whitney Canada to explore turboprop engine solutions for India's HALE UAV programme, marking a significant step in domestic defence aerospace development.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
157.03
#1 1,65,736.41
37.80
#1 1,26,414.20
10.68
#1 4,086
77.48
42.73
45,480.00
1,34,148.26
58.79
20,888.70
10.51
2,770
-36.74
41.90
1,875.00
#3 91,625.75
#10 131.35
#6 17,010.30
#7 10.91
#6 1,089
#10 -131.67
34.75
1,111.00
64,166.79
52.86
19,692.00
17.19
1,284
2.10
32.29
3,885.60
60,733.35
48.50
9,834.10
17.76
1,150
13.48
39.95
805.00
50,242.34
75.61
4,572.10
24.19
629
46.67
50.82
2,340.00
45,295.92
41.42
23,234.60
17.14
1,116
-3.03
21.08
2,601.40
36,592.03
38.37
14,719.80
26.05
952
7.99
35.94
409.45
34,803.25
#1 37.46
18,096.20
4.30
860
27.93
38.83
10,266.00
26,850.14
58.61
8,130.60
#1 42.26
384
#1 116.38
38.47
Growth Rate
Revenue Growth
10.91 %
Net Income Growth
19.28 %
Cash Flow Change
-17.24 %
ROE
15.15 %
ROCE
-4.56 %
EBITDA Margin (Avg.)
-3.11 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
2,454
2,638
2,517
2,740
2,373
2,207
1,868
1,796
1,199
1,410
1,761
2,135
2,148
2,424
2,596
3,656
2,884
3,122
3,390
3,687
3,944
3,827
3,924
4,220
4,159
3,750
3,514
3,915
3,959
4,085
4,385
4,581
4,697
Expenses
1,931
2,081
2,006
2,083
1,923
1,829
1,645
1,667
1,170
1,216
1,743
1,682
1,728
1,887
1,895
3,043
2,429
2,647
2,914
3,232
3,282
3,155
3,169
3,531
3,517
3,042
2,853
3,179
3,239
3,308
3,653
3,849
4,300
EBITDA
523
556
511
657
450
379
223
129
29
194
19
453
420
537
701
613
455
476
476
455
662
672
756
689
642
708
661
736
719
778
733
732
397
Operating Profit %
20 %
20 %
19 %
22 %
17 %
15 %
10 %
4 %
-1 %
12 %
-1 %
19 %
18 %
21 %
21 %
15 %
15 %
14 %
13 %
11 %
15 %
16 %
18 %
15 %
14 %
18 %
18 %
17 %
17 %
18 %
16 %
15 %
7 %
Depreciation
126
136
132
127
138
134
130
146
139
152
161
161
167
174
176
214
181
188
186
181
206
211
224
207
218
213
218
224
226
241
249
255
263
Interest
32
38
21
37
46
37
43
46
37
14
34
23
50
23
25
63
40
53
109
97
115
124
137
116
124
110
96
88
82
80
77
84
90
Profit Before Tax
365
383
358
493
266
209
50
-63
-146
28
-176
269
203
341
500
337
235
235
181
177
342
337
395
366
300
385
347
424
411
457
407
392
44
Tax
126
131
141
169
94
3
10
6
-19
29
35
57
51
70
78
105
74
93
102
49
128
122
141
139
125
142
134
142
127
158
134
159
134
Net Profit
239
253
217
324
172
206
40
-69
-127
-1
-210
212
153
271
422
232
160
142
79
128
214
215
254
227
175
243
213
283
284
299
273
233
-90
EPS in ₹
5.14
5.46
4.69
6.88
3.72
4.44
0.90
-1.55
-2.70
0.00
-4.49
4.48
3.30
5.82
9.05
5.06
3.53
3.13
1.78
2.91
4.80
4.88
5.68
5.07
4.36
5.23
4.54
5.92
5.93
6.26
5.53
4.86
-1.88

Order Value Trend

FY 2026-27 order value₹850.00 Cr
QoQ growth-99.99%
FY 2026-274 Orders
Ministry of Defence (MoD), Ind...
100.00%
Embraer
0.00%

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Assets
8,236
8,292
8,883
10,016
11,642
11,563
13,178
15,609
18,384
19,349
20,088
22,260
Fixed Assets
2,629
3,134
3,277
3,500
3,625
4,002
4,750
4,870
6,161
6,309
6,627
8,215
Current Assets
4,433
4,254
4,220
4,581
5,539
5,271
6,214
7,931
9,002
10,016
10,232
11,203
Capital Work in Progress
870
409
453
344
831
1,143
900
1,125
701
991
1,732
1,298
Investments
457
885
1,192
1,501
1,524
1,618
2,607
2,604
2,569
1,849
2,063
1,739
Other Assets
4,281
3,864
3,962
4,672
5,663
4,800
4,921
7,010
8,953
10,200
9,667
11,008
Total Equity & Liabilities
8,236
8,292
8,883
10,016
11,642
11,563
13,178
15,609
18,384
19,349
20,088
22,260
Current Liabilities
2,467
2,869
3,206
3,754
4,109
3,967
4,518
6,114
8,277
9,280
8,703
9,581
Non Current Liabilities
2,325
2,014
1,551
1,581
2,128
2,344
3,213
2,868
3,366
2,904
2,165
3,122
Total Equity
3,444
3,409
4,126
4,681
5,406
5,252
5,447
6,627
6,742
7,165
9,221
9,557
Reserve & Surplus
3,398
3,367
4,070
4,557
5,282
5,125
5,321
6,476
6,611
7,076
9,156
9,483
Share Capital
47
47
47
93
93
93
93
93
93
93
96
96

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Net Cash Flow
208
19
-86
-69
83
26
87
126
-91
796
-738
6
Investing Activities
-467
-888
-737
-722
-1,196
-1,114
-1,511
-690
-1,666
-666
-1,964
-1,038
Operating Activities
1,035
1,356
1,052
967
912
1,522
1,020
506
1,295
1,664
1,796
1,487
Financing Activities
-360
-448
-401
-314
368
-381
578
310
280
-203
-570
-442

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Jun 2026
Sept 2026
Promoter
45.76 %
44.76 %
44.76 %
44.76 %
45.25 %
45.25 %
45.25 %
45.25 %
45.25 %
45.25 %
45.25 %
45.25 %
45.25 %
45.25 %
45.25 %
44.07 %
44.07 %
44.07 %
44.07 %
44.07 %
44.07 %
44.07 %
43.12 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
16.28 %
0.00 %
16.47 %
17.03 %
18.72 %
17.88 %
16.07 %
14.37 %
13.62 %
12.40 %
14.15 %
15.04 %
15.19 %
DIIs
11.98 %
11.94 %
13.12 %
19.83 %
23.38 %
24.23 %
23.25 %
26.28 %
27.89 %
26.31 %
28.12 %
25.12 %
28.24 %
28.13 %
26.47 %
28.50 %
30.35 %
31.41 %
32.26 %
34.23 %
32.76 %
32.34 %
32.86 %
Government
0.28 %
0.16 %
0.16 %
0.16 %
0.16 %
0.16 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
8.63 %
8.29 %
8.28 %
8.32 %
8.30 %
8.21 %
8.31 %
8.27 %
8.43 %
8.09 %
8.07 %
8.01 %
7.81 %
7.48 %
7.50 %
7.47 %
7.45 %
7.78 %
7.83 %
7.35 %
7.23 %
6.75 %
6.92 %
Others
33.35 %
34.84 %
33.68 %
26.92 %
22.91 %
22.15 %
23.18 %
20.20 %
18.42 %
20.35 %
2.27 %
21.62 %
2.22 %
2.10 %
2.05 %
2.08 %
2.05 %
2.37 %
2.22 %
1.95 %
1.78 %
1.79 %
1.92 %
No of Share Holders
1,44,297
1,36,944
1,41,346
1,51,059
1,53,718
1,56,445
1,58,845
1,55,734
1,62,105
1,56,686
1,69,954
1,79,683
1,89,104
1,82,988
1,99,721
2,03,973
2,14,725
2,42,732
2,49,520
2,27,160
2,28,156
2,32,361
2,27,796

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 7.5 4.5 5 3.5 2 7 7 9 8.5 8.5
Dividend Yield (%) 1.07 0.88 2.13 0.59 0.29 0.92 0.62 0.77 0.51 0.45

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
30 Sept 2017 BONUS Bonus
1:1
28 Sept 2017 189.40 189.40
16 Jul 2021 DIVIDEND Dividend
₹ 2.00 /share
15 Jul 2021 695.85 810.60
26 Nov 2021 DIVIDEND Dividend
₹ 1.50 /share
25 Nov 2021 782.50 735.00
15 Jul 2022 DIVIDEND Dividend
₹ 5.50 /share
14 Jul 2022 629.15 658.70
12 Aug 2022 ANNUAL GENERAL MEETING Annual General Meeting
NA
12 Aug 2022 629.15 735.90
25 Nov 2022 DIVIDEND Dividend
₹ 1.50 /share
24 Nov 2022 886.70 843.85
07 Jul 2023 DIVIDEND Dividend
₹ 5.50 /share
07 Jul 2023 774.95 855.50
10 Aug 2023 ANNUAL GENERAL MEETING Annual General Meeting
NA
10 Aug 2023 774.95 967.10
23 Feb 2024 DIVIDEND Dividend
₹ 2.50 /share
23 Feb 2024 1,314.05 1,132.85
05 Jul 2024 DIVIDEND Dividend
₹ 6.50 /share
05 Jul 2024 1,240.20 1,670.30
09 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
09 Aug 2024 1,240.20 1,605.45
14 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Nov 2024 1,419.15 1,321.45
12 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Feb 2025 1,196.65 1,112.40
18 Feb 2025 DIVIDEND Dividend
₹ 2.50 /share
18 Feb 2025 1,112.40 1,081.10
08 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 May 2025 1,088.50 1,140.45
04 Jul 2025 DIVIDEND Dividend
₹ 6.00 /share
04 Jul 2025 1,140.45 1,298.70
06 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Aug 2025 1,215.50 1,161.35
07 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
07 Aug 2025 1,140.45 1,139.40
11 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Nov 2025 1,322.20 1,327.15
12 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Feb 2026 1,539.00 1,676.40
18 Feb 2026 DIVIDEND Dividend
₹ 2.00 /share
18 Feb 2026 1,676.40 1,751.20
07 May 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 May 2026 1,907.80 1,873.80
03 Jul 2026 DIVIDEND Dividend
₹ 6.50 /share
03 Jul 2026 1,873.80 2,148.10
10 Aug 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Aug 2026 2,195.00 2,274.00
11 Aug 2026 ANNUAL GENERAL MEETING Annual General Meeting
NA
11 Aug 2026 1,873.80 2,093.10

Announcements

Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot5 days ago
Closure of Trading Window6 days ago
Announcement under Regulation 30 (LODR)-Credit RatingSep 23, 2026
Announcement under Regulation 30 (LODR)-AllotmentSep 22, 2026
Announcement under Regulation 30 (LODR)-Qualified Institutional PlacementSep 22, 2026
Announcement under Regulation 30 (LODR)-Qualified Institutional PlacementSep 17, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 15, 2026
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportSep 11, 2026
Announcement under Regulation 30 (LODR)-RestructuringSep 10, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 10, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 03, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 03, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 03, 2026
Announcement under Regulation 30 (LODR)-RestructuringSep 02, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 31, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 28, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 28, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 13, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2026
Shareholder Meeting / Postal Ballot-Notice of Postal BallotAug 12, 2026
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 12, 2026
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 11, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 11, 2026
Announcement under Regulation 30 (LODR)-AcquisitionAug 10, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 10, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 10, 2026
Announcement under Regulation 30 (LODR)-Raising of FundsAug 10, 2026
Board Meeting Outcome for Outcome Of The Board Meeting Held On August 10 2026Aug 10, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 05, 2026
Board Meeting Intimation for Board Meeting Intimation For Quarterly Results And Fund RaisingAug 05, 2026
Announcement under Regulation 30 (LODR)-RestructuringJul 23, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 22, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 18, 2026
Business Responsibility and Sustainability Reporting (BRSR)Jul 17, 2026
Reg. 34 (1) Annual Report.Jul 17, 2026
Notice Of Annual General Meeting To Be Held On August 11 2026Jul 17, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 06, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 02, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 26, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 26, 2026
Closure of Trading WindowJun 26, 2026
Announcement under Regulation 30 (LODR)-AcquisitionJun 24, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 23, 2026
Communication To Shareholders On TDSJun 19, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 19, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 18, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 16, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 15, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 11, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 04, 2026

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Kotak Active Momentum Fund Direct-Growth
2.93%
230939
2.93%
2.93%
Bandhan Multi-Factor Fund Direct-Growth
0.00%
-127028
-4.07%
-4.01%
NJ Momentum Fund Direct-Growth
3.75%
61049
3.75%
3.75%
Sundaram Multi-Factor Fund Direct-Growth
0.00%
-58176
-1.42%
-1.40%
TRUSTMF Multi Cap Fund Direct-Growth
0.00%
-51981
-1.68%
-1.85%
Franklin India Multi-Factor Fund Direct-Growth
0.00%
-26300
-0.96%
-0.97%
SBI Nifty200 Momentum 30 Index Fund Direct-Growth
0.00%
-18835
-3.56%
-3.41%
Axis Nifty India Defence Index Fund Direct-Growth
13.91%
18494
-1.25%
-0.60%
Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund Direct-Growth
4.90%
17716
-0.64%
4.90%
TRUSTMF Large & Mid Cap Fund Direct-Growth
0.85%
14742
0.85%
0.85%
JioBlackRock Arbitrage Fund Direct-Growth
0.27%
7500
0.27%
0.27%
AlphaGrep Multi Asset Allocation Fund Direct-Growth
0.50%
1545
0.40%
0.50%
UTI Nifty 500 Index Fund Direct-Growth
0.28%
1466
0.28%
0.28%
Kotak Nifty Alpha 50 Index Fund Direct-Growth
1.95%
597
-0.18%
-0.18%
Tata Nifty Midcap 150 Index Fund Direct-Growth
1.32%
593
-0.09%
-0.09%
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund Direct-Growth
3.37%
445
-0.38%
-0.30%
HDFC Nifty Auto Index Fund Direct-Growth
4.36%
-445
-0.13%
4.36%
Tata BSE Multicap Consumption 50:30:20 Index Fund Direct-Growth
1.58%
-270
-0.10%
-0.14%
Kotak Nifty Midcap 150 Index Fund Direct-Growth
1.32%
251
-0.08%
-0.08%
JioBlackRock Nifty Midcap 150 Index Fund Direct-Growth
1.31%
-250
-0.09%
-0.09%
Zerodha Nifty MidSmallcap400 50:50 Index Fund Direct-Growth
0.68%
153
-0.02%
-0.02%
Kotak Nifty500 Momentum 50 Index Fund Direct-Growth
3.13%
112
-0.28%
-0.17%
Zerodha Life Cycle Fund 2041 Direct-Growth
0.53%
92
-0.02%
0.53%
Nippon India Nifty India Manufacturing Index Fund Direct-Growth
1.30%
86
-0.08%
-0.07%
Zerodha Life Cycle Fund 2036 Direct-Growth
0.43%
85
-0.03%
0.43%

Technical Indicators

RSI(14)
Neutral
34.75
ATR(14)
Volatile
53.09
STOCH(9,6)
Neutral
54.30
STOCH RSI(14)
Neutral
38.91
MACD(12,26)
Bearish
-1.46
ADX(14)
Weak Trend
17.86
UO(9)
Bearish
52.09
ROC(12)
Downtrend And Accelerating
-0.12
WillR(14)
Oversold
-83.26

About Bharat Forge

Bharat Forge Ltd (BFL) is an Indian multinational company based in Pune, providing high-performance components and solutions to various industrial sectors including Automotive, Railways, Power, Defence, Construction & Mining, Aerospace, Marine, and Oil & Gas. The company is part of the Kalyani Group and operates manufacturing facilities in Mundhwa, Baramati,...more
Chairperson NameBaba Kalyani