| 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 |
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 |
| 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 |
| 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 |
| 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 % |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Bharat Forge
1,298.70
-12.70
(-0.97%)
There are new updates from the company16 hours ago
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Market Cap
62,089.40 Cr
EPS
20.05
PE Ratio
59.98
Dividend Yield
0.65 %
Industry
Automobiles52 Week High
1,771.20
52 Week Low
919.10
PB Ratio
6.71
Debt to Equity
1.10
Sector
Auto Components
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from24 analysts
Company News
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The Defence Acquisition Council has approved 10 capital-acquisition proposals worth Rs 1.05 lakh crore under the Buy (Indian-IDDM) category. Approvals include armoured recovery vehicles, electronic warfare systems, surface-to-air missiles, and an integrated common inventory management system for tri-services. This development is expected to benefit various defence companies.
Bharat Forge Incorporates New Defence Subsidiary
15 hours ago
15 hours agoBharat Forge has incorporated a new step-down subsidiary named 'Agneyastra Energetics' to expand its defence capabilities. This move is part of the company's strategy to enhance its presence in the defence sector.
July 3 is the last day to buy Bharat Forge shares to qualify for the Rs 6 per share final dividend for FY2025. The record date is July 4. Despite a 7.5% revenue decline in Q4, the company saw increased net profit, EBITDA, and improved EBITDA margin.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
154.28 | #1 1,08,556.00 | #1 28.56 | #1 1,12,541.00 | #1 25.23 | #1 3,885 | -22.76 | 56.04 | |
34,405.00 | 1,01,472.90 | 50.36 | 18,087.40 | 13.29 | 2,121 | -1.86 | 74.72 | |
1,099.40 | 63,133.70 | 67.48 | 16,774.60 | 24.63 | 995 | -4.14 | 61.29 | |
4,015.50 | 62,763.70 | 64.64 | 8,350.70 | 13.22 | 939 | 14.52 | 52.28 | |
1,298.70 | #5 62,089.40 | #7 59.98 | #6 15,122.80 | #3 21.60 | #6 871 | #1 24.44 | 54.56 | |
2,952.80 | 57,134.90 | 83.98 | 18,915.10 | 13.46 | 1,207 | -42.37 | 48.13 | |
2,781.20 | 39,121.20 | 47.33 | 11,560.80 | 16.69 | 849 | 16.66 | 63.85 | |
382.90 | 32,546.50 | 41.06 | 17,237.80 | 10.90 | 782 | 1.18 | 47.43 | |
479.35 | 29,802.10 | 50.96 | 3,681.50 | 19.41 | 600 | 10.53 | 39.48 | |
60.38 | 26,694.60 | 44.09 | 9,271.58 | 17.73 | 602 | -13.85 | 56.25 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
21.60 %
Net Income Growth
79.03 %
Cash Flow Change
28.58 %
ROE
68.44 %
ROCE
72.08 %
EBITDA Margin (Avg.)
18.07 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 8,236 | 8,292 | 8,883 | 10,016 | 11,642 | 11,563 | 13,178 | 15,609 | 18,384 | 19,349 | 20,088 |
| Fixed Assets | 2,629 | 3,134 | 3,277 | 3,500 | 3,625 | 4,002 | 4,750 | 4,870 | 6,161 | 6,309 | 8,096 |
| Current Assets | 4,433 | 4,254 | 4,220 | 4,581 | 5,539 | 5,271 | 6,214 | 7,931 | 9,002 | 10,016 | 10,232 |
| Capital Work in Progress | 870 | 409 | 453 | 344 | 831 | 1,143 | 900 | 1,125 | 701 | 991 | 1,725 |
| Investments | 457 | 885 | 1,192 | 1,501 | 1,524 | 1,618 | 2,607 | 2,604 | 2,569 | 1,849 | 3,578 |
| Other Assets | 4,281 | 3,864 | 3,962 | 4,672 | 5,663 | 4,800 | 4,921 | 7,010 | 8,953 | 10,200 | 0 |
| Total Liabilities | 8,236 | 8,292 | 8,883 | 10,016 | 11,642 | 11,563 | 13,178 | 15,609 | 18,384 | 19,349 | 20,088 |
| Current Liabilities | 2,467 | 2,869 | 3,206 | 3,754 | 4,109 | 3,967 | 4,518 | 6,114 | 8,277 | 9,280 | 8,703 |
| 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 |
| Total Equity | 3,444 | 3,409 | 4,126 | 4,681 | 5,406 | 5,252 | 5,447 | 6,627 | 6,742 | 7,165 | 9,253 |
| Reserve & Surplus | 3,398 | 3,367 | 4,070 | 4,557 | 5,282 | 5,125 | 5,321 | 6,476 | 6,611 | 7,076 | 9,158 |
| Share Capital | 47 | 47 | 47 | 93 | 93 | 93 | 93 | 93 | 93 | 93 | 96 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | 208 | 19 | -86 | -69 | 83 | 26 | 87 | 126 | -91 | 796 |
| Investing Activities | -467 | -888 | -737 | -722 | -1,196 | -1,114 | -1,511 | -690 | -1,666 | -666 |
| Operating Activities | 1,035 | 1,356 | 1,052 | 967 | 912 | 1,522 | 1,020 | 506 | 1,295 | 1,664 |
| Financing Activities | -360 | -448 | -401 | -314 | 368 | -381 | 578 | 310 | 280 | -203 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 7.5 | 4.5 | 5 | 3.5 | 2 | 7 | 7 | 9 | 0.00 |
| Dividend Yield (%) | 0.00 | 1.07 | 0.88 | 2.13 | 0.59 | 0.29 | 0.92 | 0.62 | 0.77 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 07 Aug 2025 |  Annual General Meeting | NA | 07 Aug 2025 | 1,113.40 | 1,298.70 |
| 04 Jul 2025 |  Dividend | ₹ 6.00 /share | 04 Jul 2025 | 1,113.40 | 1,298.70 |
| 08 May 2025 |  Quarterly Result Announcement | NA | 08 May 2025 | 1,117.20 | 1,113.40 |
| 18 Feb 2025 | Dividend | ₹ 2.50 /share | 18 Feb 2025 | 1,104.65 | 1,076.95 |
| 12 Feb 2025 | Quarterly Result Announcement | NA | 12 Feb 2025 | 1,211.10 | 1,104.65 |
| 14 Nov 2024 | Quarterly Result Announcement | NA | 14 Nov 2024 | 1,422.90 | 1,328.75 |
| 09 Aug 2024 | Annual General Meeting | NA | 09 Aug 2024 | 1,405.15 | 1,636.25 |
| 05 Jul 2024 | Dividend | ₹ 6.50 /share | 05 Jul 2024 | 1,405.15 | 1,672.80 |
| 23 Feb 2024 | Dividend | ₹ 2.50 /share | 23 Feb 2024 | 1,130.30 | 1,132.10 |
| 10 Aug 2023 | Annual General Meeting | NA | 10 Aug 2023 | 760.25 | 950.50 |
| 07 Jul 2023 | Dividend | ₹ 5.50 /share | 07 Jul 2023 | 760.25 | 842.95 |
| 25 Nov 2022 | Dividend | ₹ 1.50 /share | 24 Nov 2022 | 859.25 | 847.25 |
| 12 Aug 2022 | Annual General Meeting | NA | 12 Aug 2022 | 661.40 | 790.20 |
| 15 Jul 2022 | Dividend | ₹ 5.50 /share | 14 Jul 2022 | 661.40 | 642.50 |
| 26 Nov 2021 | Dividend | ₹ 1.50 /share | 25 Nov 2021 | 775.05 | 698.05 |
| 16 Jul 2021 | Dividend | ₹ 2.00 /share | 15 Jul 2021 | 750.90 | 807.35 |
| 30 Sept 2017 |  Bonus | 1:1 | 28 Sept 2017 | 189.40 | 189.40 |
Announcements
Announcement under Regulation 30 (LODR)-Acquisition16 hours ago
16 hours agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Updates on Acquisition3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Restructuring3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Acquisition3 days ago
3 days agoClosure of Trading Window7 days ago
7 days ago Shareholder Meeting / Postal Ballot-Scrutinizer"s Report10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 17, 2025
Jun 17, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 13, 2025
Jun 13, 2025TDS CommunicationJun 11, 2025
Jun 11, 2025KYC Letters To ShareholdersJun 09, 2025
Jun 09, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 09, 2025
Jun 09, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 09, 2025
Jun 09, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 09, 2025
Jun 09, 2025Intimation Of Record Date.Jun 06, 2025
Jun 06, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 28, 2025
May 28, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 28, 2025
May 28, 2025Update On Litigation Under Regulation 30 Of LODR.May 27, 2025
May 27, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 27, 2025
May 27, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 20, 2025
May 20, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotMay 19, 2025
May 19, 2025Dissolution Update Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015May 12, 2025
May 12, 2025Transcript Of Investor / Analyst Call Scheduled On May 8 2025May 09, 2025
May 09, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportMay 09, 2025
May 09, 2025Further Investment In Kalyani Powertrain Limited Wholly Owned Subsidiary Of The Company.May 08, 2025
May 08, 2025Audio Recording Of Analyst / Investor Conference CallMay 08, 2025
May 08, 2025Investor PresentationMay 08, 2025
May 08, 2025Appointment Of Secretarial AuditorMay 08, 2025
May 08, 2025Re-Appointment Of Independent DirectorsMay 08, 2025
May 08, 2025Announcement under Regulation 30 (LODR)-Dividend UpdatesMay 08, 2025
May 08, 2025Audited Financial Results.May 08, 2025
May 08, 2025Board Meeting Outcome for Outcome Of Board MeetingMay 08, 2025
May 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 05, 2025
May 05, 2025Board Meeting Intimation for Audited Results And Declaration Of Final DividendApr 28, 2025
Apr 28, 2025Announcement under Regulation 30 (LODR)-Updates on AcquisitionApr 23, 2025
Apr 23, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 04, 2025
Apr 04, 2025Announcement under Regulation 30 (LODR)-Updates on AcquisitionApr 01, 2025
Apr 01, 2025Announcement under Regulation 30 (LODR)-Joint VentureMar 27, 2025
Mar 27, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 27, 2025
Mar 27, 2025Closure of Trading WindowMar 26, 2025
Mar 26, 2025Analyst/Investor MeetMar 25, 2025
Mar 25, 2025Rumour verification - Regulation 30(11)Mar 20, 2025
Mar 20, 2025Clarification sought from Bharat Forge LtdMar 20, 2025
Mar 20, 2025Announcement Under Regulation 30 - Imposition Of Fine Under SEBI Listing RegulationsMar 18, 2025
Mar 18, 2025Announcement under Regulation 30 (LODR)-Credit RatingMar 12, 2025
Mar 12, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 06, 2025
Mar 06, 2025Announcement under Regulation 30 (LODR)-Updates on AcquisitionFeb 28, 2025
Feb 28, 2025Schedule Of Analyst/Investor MeetFeb 25, 2025
Feb 25, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 24, 2025
Feb 24, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 20, 2025
Feb 20, 2025Technical Indicators
RSI(14)
Neutral 54.56
ATR(14)
Volatile 33.37
STOCH(9,6)
Neutral 53.62
STOCH RSI(14)
Neutral 24.06
MACD(12,26)
Bearish -4.29
ADX(14)
Weak Trend 17.68
UO(9)
Bearish 41.09
ROC(12)
Downtrend But Slowing Down -0.14
WillR(14)
Neutral -55.74
Mutual Fund Holdings
HDFC Defence Fund Direct - Growth 
Kotak Small Cap Fund Direct-Growth 
Axis Midcap Direct Plan-Growth 
Edelweiss Balanced Advantage Fund Direct-Growth 
ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth 
Mirae Asset ELSS Tax Saver Fund Direct-Growth 
Nippon India Focused Fund Direct-Growth 
DSP ELSS Tax Saver Fund Direct Plan-Growth 
SBI Large & Midcap Fund Direct Plan-Growth 
Bandhan Business Cycle Fund Direct-Growth 
JM Midcap Fund Direct - Growth 
Sundaram Multi Cap Fund Direct-Growth 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, Chakan, Satara, and Nellore. BFL manufactures and sells forged and machined components, including aluminium castings, for auto and industrial sectors. The company has expanded through acquisitions, joint ventures, and investments in new technologies, particularly in areas such as electric vehicles, defense, and aerospace. BFL has a global presence with subsidiaries and manufacturing facilities in multiple countries, and has been actively diversifying its product portfolio and market reach.
Website
Chairperson NameB N Kalyani
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