| 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 |
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 |
| 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 |
| 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 |
| 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 % |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Bharat Forge
Bharat Forge
1,457.40
+10.20
(0.70%)
Market Cap
69,676.64 Cr
PE Ratio
64.14
Volume
5,13,291.00
Day High - Low
1,478.00 - 1,444.10
52W High-Low
1,506.50 - 919.10
Key Fundamentals
Market Cap
69,676.64 Cr
EPS
20.05
PE Ratio
64.14
PB Ratio
7.39
Book Value
195.79
EBITDA
2,907.70
Dividend Yield
0.59 %
Industry
Automobiles Sector
Auto Components Return on Equity
9.90
Debt to Equity
0.89
Analyst Rating and Forecast
- By Refinitiv from22 analysts
Actual
Company News
View All News
Bharat Forge Wins ₹300 Cr Defence Contracts
16 hours ago
16 hours agoBharat Forge secures ₹300 crore defence contracts under Emergency Procurement-VI framework for indigenous unmanned systems. Stock gains 18.34% in six months, trading 0.73% higher.
Bharat Forge Secures ₹300 Cr Defense Contracts16 hours ago
16 hours agoBharat Forge wins ₹300 crore contracts for indigenous unmanned systems under emergency procurement, strengthening its defense sector presence and contributing to India's self-reliance initiatives.
Bharat Forge's defence segment revenue jumped from ₹410 cr in FY23 to ₹1,772 cr in FY25, backed by ₹11,000 cr order book including major carbine contract from Ministry of Defence.
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 |
|---|---|---|---|---|---|---|---|---|
114.79 | #1 1,21,154.45 | #1 33.78 | #1 1,14,220.30 | 15.51 | #1 4,146 | -10.88 | 41.34 | |
36,835.00 | 1,08,639.82 | 41.17 | 18,901.30 | 8.32 | 2,013 | 3.32 | 46.06 | |
1,457.40 | #3 69,676.64 | #10 64.14 | #6 15,336.60 | #10 -3.60 | #6 913 | #1 23.02 | 54.81 | |
1,184.00 | 68,333.76 | 58.54 | 16,803.90 | #1 19.48 | 1,021 | 21.26 | 32.02 | |
3,835.60 | 59,951.84 | 55.87 | 8,350.70 | 13.22 | 939 | 22.38 | 49.64 | |
2,342.60 | 45,331.38 | 43.67 | 19,835.70 | 15.71 | 1,054 | 0.94 | 20.93 | |
2,526.00 | 35,531.44 | 40.08 | 11,677.80 | 13.09 | 836 | 11.97 | 40.08 | |
45.35 | 30,074.59 | 50.04 | 9,332.20 | 11.96 | 606 | 8.68 | 41.50 | |
344.10 | 29,248.50 | 36.95 | 17,350.60 | 2.91 | 801 | -25.62 | 31.05 | |
460.10 | 28,605.38 | 47.31 | 3,681.50 | 14.73 | 600 | 18.73 | 37.31 |
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 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
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 | 0.59 | 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 |
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media Release17 hours ago
17 hours 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 agoCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 201810 days ago
10 days agoAnnouncement 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, 2025Board Meeting Outcome for Outcome Of Board MeetingNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 10, 2025
Nov 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 10, 2025
Nov 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 10, 2025
Nov 10, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 07, 2025
Nov 07, 2025Update on board meetingNov 05, 2025
Nov 05, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 04, 2025
Nov 04, 2025Board Meeting Intimation for Intimation Of Board Meeting For Unaudited Financial Results For Quarter And Half Year Ended September 30 2025Oct 30, 2025
Oct 30, 2025Clarification On Significant Increase In Volume Of Trading In The SecuritiesOct 24, 2025
Oct 24, 2025Clarification sought from Bharat Forge LtdOct 24, 2025
Oct 24, 2025Rumour verification - Regulation 30(11)Oct 23, 2025
Oct 23, 2025Clarification sought from Bharat Forge LtdOct 23, 2025
Oct 23, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 16, 2025
Oct 16, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 14, 2025
Oct 14, 2025Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015Oct 13, 2025
Oct 13, 2025Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015Oct 07, 2025
Oct 07, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 07, 2025
Oct 07, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateOct 01, 2025
Oct 01, 2025Signing Of Tripartite Memorandum Of UnderstandingSep 26, 2025
Sep 26, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 12, 2025
Sep 12, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 11, 2025
Sep 11, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 11, 2025
Sep 11, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 09, 2025
Sep 09, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 08, 2025
Sep 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 05, 2025
Sep 05, 2025Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 51.69
ATR(14)
Less Volatile 29.01
STOCH(9,6)
Neutral 36.62
STOCH RSI(14)
Oversold 16.69
MACD(12,26)
Bearish -4.47
ADX(14)
Weak Trend 19.00
UO(9)
Bearish 45.74
ROC(12)
Uptrend And Accelerating 0.10
WillR(14)
Neutral -67.77
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
Website
Chairperson NameB N Kalyani
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