Bharat Forge
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Bharat Forge

1,936.50
+33.60
(1.77%)
Market Cap
92,581.86 Cr
PE Ratio
83.44
Volume
8,08,066.00
Day High - Low
1,948.90 - 1,893.90
52W High-Low
2,044.00 - 1,100.50
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Key Fundamentals
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Market Cap
92,581.86 Cr
EPS
22.58
PE Ratio
83.44
PB Ratio
9.49
Book Value
200.38
EBITDA
2,762.80
Dividend Yield
0.45 %
Industry
Automobiles
Return on Equity
9.90
Debt to Equity
0.89
Analyst Rating and Forecast
- By Refinitiv from23 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+43.48 %
+43.48 %
Hold
Hold+21.74 %
+21.74 %
Sell
Sell+34.78 %
+34.78 %
Forecast For
Actual

Company News

View All News
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neutral
Bharat Forge Limited will meet analysts and institutional investors in June 2026. Meetings are scheduled for June 3, 5, and 8 in Mumbai and Chennai.
positive
Bharat Forge inks MoU with Andhra Pradesh govt to set up India's first private-sector Marine Gas Turbine Repair, Overhaul & Development complex at Visakhapatnam over ~80 acres.
positive
Bharat Forge Breaks Ground on Defense Facility in Andhra PradeshMay 15, 2026
Bharat Forge begins construction of a strategic defense facility in Andhra Pradesh with a ₹1,500 crore investment over 2-4 years, set to create about 800 direct and around 2,500 indirect jobs.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
145.61
#1 1,53,683.24
#1 37.43
#1 1,25,023.00
9.46
#1 3,939
40.00
68.42
37,760.00
1,11,367.98
39.60
20,034.70
6.00
2,841
2.98
59.16
1,936.50
#3 92,581.86
#10 83.44
#6 16,811.70
#6 9.62
#5 1,107
#10 -17.41
55.57
4,049.90
63,301.42
52.35
9,834.10
17.76
1,150
25.64
46.39
1,082.70
62,526.80
48.96
19,657.60
16.98
1,251
21.65
45.53
3,070.20
59,422.16
53.86
22,221.20
12.03
1,095
#1 47.91
56.51
603.45
37,525.35
60.38
4,449.46
20.86
640
14.17
56.51
2,635.40
37,070.29
39.72
14,595.90
#1 24.99
952
12.81
54.39
398.95
33,910.75
40.13
17,995.30
3.72
836
15.33
69.14
14,557.00
27,611.11
52.45
4,118.94
4.56
507
15.47
49.60
Growth Rate
Revenue Growth
9.62 %
Net Income Growth
21.16 %
Cash Flow Change
7.93 %
ROE
-22.05 %
ROCE
-14.19 %
EBITDA Margin (Avg.)
-14.35 %

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
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
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
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
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 %
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
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
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
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
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
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

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
9,123
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
1,251
Investments
457
885
1,192
1,501
1,524
1,618
2,607
2,604
2,569
1,849
2,063
4,053
Other Assets
4,281
3,864
3,962
4,672
5,663
4,800
4,921
7,010
8,953
10,200
9,667
0
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
9,580
Reserve & Surplus
3,398
3,367
4,070
4,557
5,282
5,125
5,321
6,476
6,611
7,076
9,156
9,484
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
Net Cash Flow
208
19
-86
-69
83
26
87
126
-91
796
-738
Investing Activities
-467
-888
-737
-722
-1,196
-1,114
-1,511
-690
-1,666
-666
-1,964
Operating Activities
1,035
1,356
1,052
967
912
1,522
1,020
506
1,295
1,664
1,796
Financing Activities
-360
-448
-401
-314
368
-381
578
310
280
-203
-570

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
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 %
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 %
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 %
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 %
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 %
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 %
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

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 0.00
Dividend Yield (%) 1.07 0.88 2.13 0.59 0.29 0.92 0.62 0.77 0.51 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
11 Aug 2026 ANNUAL GENERAL MEETING Annual General Meeting
NA
11 Aug 2026 1,873.80 1,902.90
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

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 21, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 19, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 15, 2026
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotMay 14, 2026
Announcement Under Regulation 30 Of SEBI Listing RegulationsMay 13, 2026
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 13, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 11, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 11, 2026
Announcement under Regulation 30 (LODR)-Updates on AcquisitionMay 08, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 08, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 07, 2026
Announcement under Regulation 30 (LODR)-Change in DirectorateMay 07, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 07, 2026
Financial Results & Large Corporate DisclosureMay 07, 2026
Board Meeting Outcome for Outcome Of Board MeetingMay 07, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 04, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 30, 2026
Announcement under Regulation 30 (LODR)-AcquisitionApr 30, 2026
Board Meeting Intimation for Audited Financial Results And Final DividendApr 30, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 27, 2026
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportApr 24, 2026
Announcement under Regulation 30 (LODR)-AcquisitionApr 17, 2026
Board Meeting Outcome for Outcome Of Board Meeting Held On April 9 2026Apr 09, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 08, 2026
Closure of Trading WindowMar 26, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 24, 2026
Shareholder Meeting / Postal Ballot-Notice of Postal BallotMar 23, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 16, 2026
Announcement under Regulation 30 (LODR)-Updates on AcquisitionMar 16, 2026
Announcement under Regulation 30 (LODR)-AcquisitionMar 11, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 11, 2026
Announcement under Regulation 30 (LODR)-Credit RatingMar 10, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 06, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 06, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 06, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 05, 2026
Rumour verification - Regulation 30(11)Mar 05, 2026
Clarification sought from Bharat Forge LtdMar 05, 2026
Approval By Investment Committee For Raising Of FundsMar 04, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 27, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 27, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 18, 2026
Announcement under Regulation 30 (LODR)-Updates on AcquisitionFeb 16, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 13, 2026
Communication To ShareholdersFeb 13, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2026

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Axis Nifty India Defence Index Fund Direct-Growth
14.71%
173559
14.71%
14.71%
Sundaram Multi-Factor Fund Direct-Growth
2.39%
75642
1.52%
1.53%
Capitalmind Flexi Cap Fund Direct-Growth
2.81%
36736
1.61%
2.81%
Groww Small Cap Fund Direct-Growth
0.00%
-17615
-1.41%
-2.26%
Franklin India Multi-Factor Fund Direct-Growth
0.55%
15864
0.55%
0.55%
Nippon India MNC Fund Direct-Growth
1.12%
-8000
-0.33%
-0.36%
TRUSTMF Mid Cap Fund Direct-Growth
1.43%
4397
0.24%
1.43%
ITI Business Cycle Fund Direct-Growth
1.23%
3379
0.62%
1.23%
Tata Nifty Midcap 150 Index Fund Direct-Growth
1.29%
1487
0.00%
-0.06%
Samco Mid Cap Fund Direct-Growth
2.28%
1213
0.34%
2.28%
Edelweiss Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund Direct-Growth
0.45%
1025
0.45%
0.45%
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund Direct-Growth
2.62%
790
0.12%
2.62%
JioBlackRock Nifty Midcap 150 Index Fund Direct-Growth
1.28%
-715
0.00%
-0.07%
Zerodha Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund Direct-Growth
0.48%
379
0.48%
0.48%
Kotak Nifty Alpha 50 Index Fund Direct-Growth
2.18%
343
-0.03%
2.18%
Zerodha Nifty MidSmallcap400 50:50 Index Fund Direct-Growth
0.65%
271
0.65%
0.65%
Kotak Nifty Midcap 150 Index Fund Direct-Growth
1.30%
222
0.02%
-0.04%
JioBlackRock Sector Rotation Fund Direct-Growth
0.27%
178
0.00%
0.03%
Nippon India Nifty India Manufacturing Index Fund Direct-Growth
1.29%
122
0.02%
-0.03%
Tata BSE Multicap Consumption 50:30:20 Index Fund Direct-Growth
1.66%
-119
0.00%
-0.02%
DSP Nifty Midcap 150 Index Fund Direct-Growth
1.28%
94
0.01%
-0.06%
Groww Nifty Midcap 150 Index Fund Direct-Growth
1.28%
35
-0.01%
-0.06%
Motilal Oswal BSE 1000 Index Fund Direct-Growth
0.25%
30
0.00%
0.00%
Navi Nifty MidSmallcap 400 Index Fund Direct-Growth
0.85%
20
0.01%
-0.04%
DSP Nifty 500 Index Fund Direct-Growth
0.26%
13
0.01%
0.00%

Technical Indicators

RSI(14)
Neutral
50.80
ATR(14)
Less Volatile
56.02
STOCH(9,6)
Neutral
70.19
STOCH RSI(14)
Neutral
47.85
MACD(12,26)
Bearish
-4.68
ADX(14)
Weak Trend
13.23
UO(9)
Bearish
47.38
ROC(12)
Downtrend And Accelerating
-2.36
WillR(14)
Neutral
-52.73

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 NameB N Kalyani