Bharat Forge

Bharat Forge

1,136.70
+5.30
(0.47%)
ann
There are 2 new updates from the company20 hours ago
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Market Cap
54,344.33 Cr
EPS
20.05
PE Ratio
52.78
Dividend Yield
0.75 %
Industry
Automobiles
52 Week High
1,629.90
52 Week Low
919.10
PB Ratio
5.85
Debt to Equity
0.89
Add Ratio
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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
SELL
Analysts have suggested that investors can sell this stock
Buy
Buy+25.00 %
+25.00 %
Hold
Hold+33.33 %
+33.33 %
Sell
Sell+41.67 %
+41.67 %

Company News

View All News
Caret
negative
Bharat Forge experienced a 14% year-over-year decline in Class 8 truck orders during August. The company expects a 15% decrease for the 2025 cycle, signaling weak demand conditions in the commercial vehicle segment.
neutral
Bharat Forge's step-down subsidiary Agneyastra Energetics Limited signed an agreement with Andhra Pradesh Industrial Infrastructure Corporation Ltd to purchase 949.65 acres of land in Madakasira, Anantapur district. The land will be used to develop a defence energetics manufacturing complex featuring a high explosives manufacturing plant, ammunition filling plant, and gun propellant facility, with provisions for future expansion into energetics for rockets, missile systems, space launch vehicles, and advanced energetics. Agneyastra Energetics was incorporated through Kalyani Strategic Systems Limited, a wholly-owned subsidiary of Bharat Forge. In its quarterly results, Bharat Forge's standalone revenue declined 10% year-on-year to ₹2,105 crore due to lower exports. EBITDA fell 12.4% to ₹571 crore with margins narrowing to 27.1% from 27.9% in the previous year. Shares closed at ₹1,129.80, down 0.51%.
positive
Agneyastra Energetics Limited, a step-down subsidiary of Bharat Forge Limited, has entered into an agreement with Andhra Pradesh Industrial Infrastructure Corporation Ltd. to purchase approximately 949.65 acres of land in Madakasira, Anantapur District. The land will be used to develop an End-to-End Defence Energetics Manufacturing Complex, which will include a High Explosives Manufacturing plant, ammunition filling plant, gun propellant facility, and provisions for future expansion into energetics for rockets, missile systems, space launch vehicles, and advanced energetics. Agneyastra was incorporated through Kalyani Strategic Systems Limited, a wholly owned subsidiary of Bharat Forge Limited. The acquisition aligns with the company's growth objectives and expansion plans in the defence sector.
Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
40,910.00
#1 1,20,658.48
54.18
18,901.30
8.32
2,013
#1 139.35
62.90
94.60
99,845.03
#1 29.40
#1 1,14,220.30
15.51
#1 4,146
-44.76
45.82
1,298.60
74,572.82
71.62
16,803.90
#1 19.48
1,021
46.58
65.95
3,781.80
59,110.92
58.85
8,350.70
13.22
939
16.99
36.51
2,990.60
57,866.28
89.16
19,835.70
15.71
1,054
-4.29
48.96
1,136.70
#6 54,344.33
#6 52.78
#6 15,336.60
#10 -3.60
#6 913
#2 62.60
42.66
2,967.80
41,745.92
48.57
11,677.80
13.09
836
11.03
67.45
412.75
35,083.75
40.64
17,350.60
2.91
801
24.37
57.88
45.17
29,955.22
49.07
9,332.20
11.96
606
-3.90
67.43
441.10
27,423.98
45.02
3,681.50
14.73
600
-14.11
41.51
Forecast
Actual
Growth Rate
Revenue Growth
-3.60 %
Net Income Growth
0.34 %
Cash Flow Change
7.93 %
ROE
-22.05 %
ROCE
-14.19 %
EBITDA Margin (Avg.)
8.28 %

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
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
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
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
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 %
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
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
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
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
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
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

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
6,627
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
1,732
Investments
457
885
1,192
1,501
1,524
1,618
2,607
2,604
2,569
1,849
2,063
Other Assets
4,281
3,864
3,962
4,672
5,663
4,800
4,921
7,010
8,953
10,200
9,667
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
9,221
Reserve & Surplus
3,398
3,367
4,070
4,557
5,282
5,125
5,321
6,476
6,611
7,076
9,156
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
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
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 %
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 %
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 %
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 %
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 %
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 %
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

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 8.5
Dividend Yield (%) 0.00 1.07 0.88 2.13 0.59 0.29 0.92 0.62 0.77 0.75

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

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation20 hours ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation20 hours ago
Announcement Under Reg. 30 (LODR)1 day ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 18, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 11, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 11, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 08, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 07, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 07, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 06, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionAug 06, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 06, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 06, 2025
Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30 2025Aug 06, 2025
Board Meeting Outcome for Outcome Of Board Meeting Dated August 6 2025Aug 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 31, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 30, 2025
Board Meeting Intimation for Approval Of Unaudited Financial Statements (Standalone And Consolidated) For The Quarter Ended June 30 2025Jul 25, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionJul 17, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 16, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 15, 2025
Reg. 34 (1) Annual Report.Jul 15, 2025
Notice Of The 64Th Annual General Meeting Scheduled To Be Held On August 7 2025 At 11:00 A.M. (I.S.T.)Jul 15, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotJul 09, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 09, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 04, 2025
Announcement under Regulation 30 (LODR)-AcquisitionJul 03, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 02, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionJun 30, 2025
Announcement under Regulation 30 (LODR)-RestructuringJun 30, 2025
Announcement under Regulation 30 (LODR)-AcquisitionJun 30, 2025
Closure of Trading WindowJun 26, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJun 23, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 17, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 13, 2025
TDS CommunicationJun 11, 2025
KYC Letters To ShareholdersJun 09, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 09, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 09, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 09, 2025
Intimation Of Record Date.Jun 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 28, 2025
Update On Litigation Under Regulation 30 Of LODR.May 27, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 27, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 20, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotMay 19, 2025
Dissolution Update Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015May 12, 2025
Transcript Of Investor / Analyst Call Scheduled On May 8 2025May 09, 2025

Technical Indicators

RSI(14)
Neutral
42.66
ATR(14)
Volatile
30.22
STOCH(9,6)
Neutral
30.41
STOCH RSI(14)
Neutral
56.67
MACD(12,26)
Bullish
1.42
ADX(14)
Strong Trend
36.44
UO(9)
Bearish
43.49
ROC(12)
Downtrend And Accelerating
-4.48
WillR(14)
Neutral
-68.98

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Kotak Flexicap Fund Direct-Growth
0.00%
-6600000
-1.45%
-1.57%
HDFC Mid Cap Fund Direct-Growth
0.00%
-6436155
-0.90%
-0.97%
Kotak Midcap Fund Direct-Growth
0.00%
-5816264
-1.19%
-1.33%
Nippon India Growth Mid Cap Fund Direct- Growth
0.00%
-5444007
-1.65%
-1.82%
Mirae Asset Large & Midcap Fund Direct-Growth
0.00%
-5028721
-1.45%
-1.60%
SBI Large & Midcap Fund Direct Plan-Growth
0.00%
-4700000
-1.65%
-1.86%
SBI Mid Cap Direct Plan-Growth
0.00%
-4500000
-2.33%
-2.53%
DSP Midcap Direct Plan-Growth
0.00%
-4156280
-2.51%
-2.78%
Kotak Large & Midcap Fund Direct-Growth
0.00%
-3800000
-1.58%
-1.76%
Mirae Asset Midcap Fund Direct - Growth
0.00%
-3508743
-2.41%
-2.47%
Aditya Birla Sun Life Flexi Cap Fund Direct-Growth
0.00%
-2825424
-1.43%
-1.57%
ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth
0.00%
-2444449
-1.23%
-1.57%
Quant Mid Cap Fund Direct-Growth
0.00%
-2390500
-3.18%
-3.42%
Mirae Asset ELSS Tax Saver Fund Direct-Growth
0.00%
-2100017
-0.94%
-0.88%
Axis Midcap Direct Plan-Growth
0.00%
-2076094
-0.77%
-0.85%
HDFC Balanced Advantage Fund Direct-Growth
0.00%
-1869073
-0.21%
-0.24%
HDFC Defence Fund Direct - Growth
0.00%
-1702104
-3.06%
-2.85%
Nippon India Focused Fund Direct-Growth
0.00%
-1644008
-2.24%
-2.45%
HDFC Manufacturing Fund Direct - Growth
0.00%
-1520000
-1.50%
-1.50%
UTI Mid Cap Fund Direct-Growth
0.00%
-1510419
-1.49%
-1.62%
ICICI Prudential Manufacturing Fund Direct - Growth
0.00%
-1414235
-2.50%
-2.74%
SBI Automotive Opportunities Fund Direct - Growth
0.00%
-1400000
-3.13%
-3.36%
Canara Robeco Large and Mid Cap Fund Direct-Growth
0.00%
-1383128
-0.63%
-0.69%
HDFC Large and Mid Cap Fund Direct- Growth
0.00%
-1350110
-0.60%
-0.66%
Kotak Arbitrage Fund Direct-Growth
0.00%
-1211500
-0.20%
-0.09%

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.
Chairperson NameB N Kalyani