| 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 |
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 |
| 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 |
| 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 |
| 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 % |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Bharat Forge
Bharat Forge
1,920.70
+8.70
(0.46%)
Market Cap
91,826.48 Cr
PE Ratio
80.28
Volume
6,58,943.00
Day High - Low
1,926.30 - 1,906.90
52W High-Low
1,919.90 - 919.10
Key Fundamentals
Market Cap
91,826.48 Cr
EPS
20.05
PE Ratio
80.28
PB Ratio
9.77
Book Value
195.79
EBITDA
2,907.70
Dividend Yield
0.44 %
Industry
Automobiles Sector
Auto Components Return on Equity
9.90
Debt to Equity
0.89
Analyst Rating and Forecast
- By Refinitiv from23 analysts
Actual
Company News
View All News
Bharat Forge reported Q3FY26 standalone net profit of ₹2,880.41 million, down 16.7% YoY. Revenue declined 0.6% to ₹20,836.60 million. Board declared ₹2 interim dividend per share.
Bharat Forge addresses material price movement on February 4, 2026, clarifying its participation in AMCA fighter jet programme following media reports about defence contractor selection.
Bharat Forge Signs ₹300 Crore JS Auto Deal
Feb 02, 2026
Feb 02, 2026Bharat Forge announces agreement with PI Opportunities Fund for 23% stake acquisition in JS Auto worth ₹300 crores, with completion expected by March 31, 2026.
View more
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 |
|---|---|---|---|---|---|---|---|---|
134.73 | #1 1,42,200.01 | 39.20 | #1 1,14,220.30 | 15.51 | #1 4,146 | 8.94 | 68.68 | |
36,310.00 | 1,07,091.41 | 39.30 | 18,901.30 | 8.32 | 2,013 | 16.11 | 55.90 | |
1,920.70 | #3 91,826.48 | #10 80.28 | #6 15,336.60 | #10 -3.60 | #6 913 | #2 28.20 | 82.53 | |
1,203.80 | 69,476.51 | 58.10 | 16,803.90 | #1 19.48 | 1,021 | 18.12 | 54.41 | |
4,402.40 | 68,811.13 | 59.05 | 8,350.70 | 13.22 | 939 | #1 35.86 | 75.35 | |
2,750.60 | 53,226.54 | 50.47 | 19,835.70 | 15.71 | 1,054 | -0.39 | 66.05 | |
2,641.70 | 37,158.90 | 40.44 | 11,677.80 | 13.09 | 836 | 20.17 | 59.97 | |
535.50 | 33,293.16 | 55.84 | 3,681.50 | 14.73 | 600 | -0.33 | 65.77 | |
15,185.00 | 28,802.28 | 59.17 | 3,939.20 | 0.73 | 461 | 11.71 | 54.93 | |
337.05 | 28,649.25 | #1 34.72 | 17,350.60 | 2.91 | 801 | 23.11 | 51.45 |
Automatic Screeners on ScanX
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
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 | Sept 2025 | Dec 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 % | 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
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 | 0.44 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 30 Sept 2017 |  Bonus | 1:1 | 28 Sept 2017 | 189.40 | 189.40 |
| 16 Jul 2021 |  Dividend | ₹ 2.00 /share | 15 Jul 2021 | 695.85 | 810.60 |
| 26 Nov 2021 | Dividend | ₹ 1.50 /share | 25 Nov 2021 | 782.50 | 735.00 |
| 15 Jul 2022 | Dividend | ₹ 5.50 /share | 14 Jul 2022 | 629.15 | 658.70 |
| 12 Aug 2022 |  Annual General Meeting | NA | 12 Aug 2022 | 629.15 | 735.90 |
| 25 Nov 2022 | Dividend | ₹ 1.50 /share | 24 Nov 2022 | 886.70 | 843.85 |
| 07 Jul 2023 | Dividend | ₹ 5.50 /share | 07 Jul 2023 | 774.95 | 855.50 |
| 10 Aug 2023 | Annual General Meeting | NA | 10 Aug 2023 | 774.95 | 967.10 |
| 23 Feb 2024 | Dividend | ₹ 2.50 /share | 23 Feb 2024 | 1,314.05 | 1,132.85 |
| 05 Jul 2024 | Dividend | ₹ 6.50 /share | 05 Jul 2024 | 1,240.20 | 1,670.30 |
| 09 Aug 2024 | Annual General Meeting | NA | 09 Aug 2024 | 1,240.20 | 1,605.45 |
| 14 Nov 2024 |  Quarterly Result Announcement | NA | 14 Nov 2024 | 1,419.15 | 1,321.45 |
| 12 Feb 2025 | Quarterly Result Announcement | NA | 12 Feb 2025 | 1,196.65 | 1,112.40 |
| 18 Feb 2025 | Dividend | ₹ 2.50 /share | 18 Feb 2025 | 1,112.40 | 1,081.10 |
| 08 May 2025 | Quarterly Result Announcement | NA | 08 May 2025 | 1,088.50 | 1,140.45 |
| 04 Jul 2025 | Dividend | ₹ 6.00 /share | 04 Jul 2025 | 1,140.45 | 1,298.70 |
| 06 Aug 2025 | Quarterly Result Announcement | NA | 06 Aug 2025 | 1,215.50 | 1,161.35 |
| 07 Aug 2025 | Annual General Meeting | NA | 07 Aug 2025 | 1,140.45 | 1,139.40 |
| 11 Nov 2025 | Quarterly Result Announcement | NA | 11 Nov 2025 | 1,322.20 | 1,327.15 |
| 12 Feb 2026 | Quarterly Result Announcement | NA | 12 Feb 2026 | 1,539.00 | 1,676.40 |
| 18 Feb 2026 | Dividend | ₹ 2.00 /share | 18 Feb 2026 | 1,676.40 | 1,751.20 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation1 hr ago
1 hr agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation1 hr ago
1 hr agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Updates on Acquisition10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 13, 2026
Feb 13, 2026Communication To ShareholdersFeb 13, 2026
Feb 13, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2026
Feb 13, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2026
Feb 13, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2026
Feb 13, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 13, 2026
Feb 13, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 12, 2026
Feb 12, 2026Record Date For Interim DividendFeb 12, 2026
Feb 12, 2026Announcement under Regulation 30 (LODR)-Scheme of ArrangementFeb 12, 2026
Feb 12, 2026Announcement under Regulation 30 (LODR)-Change in ManagementFeb 12, 2026
Feb 12, 2026Announcement under Regulation 30 (LODR)-Change in DirectorateFeb 12, 2026
Feb 12, 2026Announcement under Regulation 30 (LODR)-Investor PresentationFeb 12, 2026
Feb 12, 2026Board Meeting Outcome for Outcome Of The Board MeetingFeb 12, 2026
Feb 12, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 10, 2026
Feb 10, 2026Update on board meetingFeb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 05, 2026
Feb 05, 2026Board Meeting Intimation for Prior Intimation Of Board MeetingFeb 04, 2026
Feb 04, 2026Rumour verification - Regulation 30(11)Feb 04, 2026
Feb 04, 2026Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsFeb 02, 2026
Feb 02, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 02, 2026
Feb 02, 2026Announcement under Regulation 30 (LODR)-AcquisitionFeb 02, 2026
Feb 02, 2026Announcement under Regulation 30 (LODR)-AcquisitionJan 30, 2026
Jan 30, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 16, 2026
Jan 16, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 08, 2026
Jan 08, 2026Announcement under Regulation 30 (LODR)-Updates on AcquisitionJan 06, 2026
Jan 06, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 06, 2026
Jan 06, 2026Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDec 31, 2025
Dec 31, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDec 30, 2025
Dec 30, 2025Closure of Trading WindowDec 26, 2025
Dec 26, 2025Announcement under Regulation 30 (LODR)-Credit RatingDec 20, 2025
Dec 20, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 12, 2025
Dec 12, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 12, 2025
Dec 12, 2025Clarification On The News Article Appearing In Reuters Dated December 9 2025Dec 10, 2025
Dec 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 25, 2025
Nov 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 25, 2025
Nov 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 24, 2025
Nov 24, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 24, 2025
Nov 24, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 14, 2025
Nov 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 12, 2025
Nov 12, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Investor PresentationNov 11, 2025
Nov 11, 2025Raising Of Funds Not Exceeding Rs. 20000 Million (Rupees Twenty Thousand Million Only) Through Term Loan Non-Convertible Debentures Or Any Other Debt InstrumentsNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Change in ManagementNov 11, 2025
Nov 11, 2025Results For Quarter And Half Year Ended September 30 2025Nov 11, 2025
Nov 11, 2025Mutual Fund Holdings
Technical Indicators
RSI(14)
Overbought 82.08
ATR(14)
Volatile 54.61
STOCH(9,6)
Overbought 92.81
STOCH RSI(14)
Overbought 100.00
MACD(12,26)
Bullish 19.58
ADX(14)
Strong Trend 36.79
UO(9)
Bearish 69.31
ROC(12)
Uptrend And Accelerating 19.59
WillR(14)
Overbought -1.88
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
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Chairperson NameB N Kalyani
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