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Latest news about Balu Forge Industries

Balu Forge Shares Rally 13% After Income Tax Search Concludes, Snap 9-Day Losing Streak 22 hours ago Yesterday

Balu Forge Industries shares rallied 13.16% to ₹499.40 on January 13, 2025, after Income Tax Department searches concluded with no adverse findings. The surge ended a nine-day losing streak and recovered nearly half of recent 27% losses. Ashish Kacholia holds 2.87% combined stake through personal and Bengal Finance holdings. Despite recent 26% annual decline, the stock has delivered multibagger returns of 515% over three years and 804% over ten years.

Balu Forge shares surge 13% after Income Tax search concludes with no adverse findings 22 hours ago Yesterday

Balu Forge Industries Surges 13% After Income Tax Search Concludes Without Seizures 23 hours ago Yesterday

Balu Forge shares jump 10% after conclusion of I-T probe, snap eight-day losing streak 1 day ago Yesterday

Balu Forge Industries: Income Tax Department Searches Find No Evidence, Operations Continue Normally 1 day ago Yesterday

More news about Balu Forge Industries

07Jan 26

Balu Forge Shares Hit Lower Circuit, Extend Fall For Fifth Session

Balu Forge Industries shares experienced a significant decline, hitting the lower circuit with a 20% fall to ₹465.30, extending losses for the fifth consecutive session. Despite the stock's poor performance with a 34.72% decline over 12 months, the company reported strong Q2 financial results with net profit rising 35.5% to ₹65 crore and revenue growing 34.4% to ₹299.50 crore, highlighting a disconnect between operational performance and market sentiment.

30Dec 25

Balu Forge Industries Allots 10 Lakh Equity Shares Through Convertible Warrant Conversion

Balu Forge Industries Limited completed the allotment of 10 lakh equity shares on December 30, 2025, through convertible warrant conversion by Krisharya Trust at ₹360.00 per share. The transaction, approved by the Board of Directors, generated ₹36.00 crores in total proceeds with ₹27.00 crores received during the conversion phase. The non-promoter investor converted all warrants at a 1:1 ratio, following SEBI regulatory requirements for preferential issues.

26Dec 25

Balu Forge Industries Promoter Acquires Additional 9,000 Shares on December 29

Jaspalsingh Prehladsingh Chandock, a promoter of Balu Forge Industries Limited, has acquired 9,000 additional equity shares through an open market transaction on December 29. The shares were purchased at an average price of ₹611.01 per share, totaling ₹54,99,090. This acquisition increased the promoter's shareholding from 53.03% to 53.04% of the total share capital. The transaction was disclosed in compliance with SEBI regulations, demonstrating transparency and promoter confidence in the company.

10Dec 25

Balu Forge Industries Launches Automated Defense Production Line in Belgaum

Balu Forge Industries has introduced a fully Indian-made automated production line in Belgaum featuring Fanuc robotics technology with nearly total automation. The facility has an annual production capacity of 360,000 shells and directly supports the Atmanirbhar Bharat Defence initiative, positioning the company as a leader in India's defense manufacturing sector.

29Nov 25

Balu Forge Industries Maintains CRISIL Credit Ratings Amid Strong Financial Growth

CRISIL Ratings Limited has reaffirmed Balu Forge Industries' credit ratings for bank facilities totaling Rs. 76.00 Crore. The company received a Long-term Rating of CRISIL BBB and a Short-term Rating of CRISIL A2. This comes alongside significant financial growth, with Total Assets increasing by 75.75% to Rs. 1,252.20 Crore and Shareholders' Capital rising by 90.45% to Rs. 1,053.20 Crore in FY 2025. The company also reported a substantial 220.11% increase in Capital Work in Progress to Rs. 417.10 Crore, indicating ongoing expansion efforts.

07Oct 25

Balu Forge Boosts Precision Machining Capacity with New Karnataka Facility

Balu Forge Industries Ltd has commenced operations at a new precision machining facility in Belgaum, Karnataka. The facility is equipped with advanced 7-axis and 11-axis CNC machines, adding an estimated 12,000 tons per annum to the company's production capacity. The new unit can process materials including aluminium and titanium, and manufacture components up to 2.50 metres in length. This expansion enhances Balu Forge's capabilities in delivering advanced machining solutions for critical applications in railways, defence, aerospace, and other precision industries.

18Sept 25

Balu Forge Industries Declares Rs 0.15 Per Share Final Dividend

Balu Forge Industries, a manufacturer of forged crankshafts and components for new emission regulations and energy vehicles, has declared a final dividend of Rs 0.15 per share with a record date of September 19, 2025. The company's stock closed 1.00% higher at Rs 677.45 on the BSE. Prominent investor Ashish Kacholia holds a 1.64% stake in the company as of June 30, 2025.

04Sept 25

AGM Notice Details for Balu Forge Industries Limited

Balu Forge Industries has scheduled its 36th Annual General Meeting for September 29, 2025, at 2:30 PM IST via video conferencing. Key agenda items include adopting financial statements, declaring a final dividend of Rs. 0.15 per share, re-appointing directors and auditors, and increasing borrowing limits to Rs. 500 crores. The record date for dividend eligibility is set for September 19, 2025, with book closure from September 22-29, 2025. Remote e-voting will be available from September 25-28, 2025.

07Aug 25

Balu Forge Industries Reports Strong Q1 Performance with 67% Jump in Net Profit

Balu Forge Industries Limited reported robust Q1 financial results. Consolidated revenue increased 33% year-on-year to ₹2,332.00 crore. EBITDA surged 67.3% to ₹723.00 crore, with margin expanding to 31.0%. Net profit jumped 66.9% to ₹570.00 crore. The company is expanding capacity, adding new production lines and advanced machining capabilities. Forging capacity is set to increase from 100,000 to 150,000 tons annually, while machining capacity will rise from 45,000 to 80,000 tons per annum.

15Jul 25

Balu Forge Industries: Stock Corrects 31% After Stellar Post-IPO Rally, Analysts Remain Bullish

Balu Forge Industries experienced a 31% stock correction from its September peak, despite a 720% rally from its IPO price. The company reported impressive Q4 results with a 123% increase in net profit and 67% growth in revenue year-over-year. Analysts remain optimistic, recommending to buy on dips with price targets ranging from Rs 710 to Rs 940, indicating potential upside.

23Jun 25

Balu Forge Industries Expands into Defense and Aerospace with 40% Stake Acquisition

Balu Forge Industries Ltd has acquired a 40% stake in Swan Balu Heavy Industries Pvt Ltd, marking its entry into the defense and aerospace sectors. This strategic move aims to diversify the company's portfolio and tap into high-tech industries. The acquisition aligns with India's push for self-reliance in defense and aerospace, potentially opening new revenue streams and growth opportunities for Balu Forge Industries.

15May 25

Balu Forge Industries Reports Impressive Q4 Financial Performance

Balu Forge Industries has announced impressive Q4 financial results. Net profit soared to ₹627.00 crore, up from ₹281.00 crore year-over-year, marking a 123% increase. Revenue also saw substantial growth, reaching ₹2,700.00 crore compared to ₹1,600.00 crore in the same quarter last year. The company's performance shows significant improvement both annually and sequentially, with profit rising from ₹590.00 crore in the previous quarter.

14May 25

Balu Forge Industries Reports Impressive Q4 FY25 Results with Substantial Growth

Balu Forge Industries announced impressive Q4 FY25 results, showcasing significant year-over-year growth. Revenue increased by 63% to ₹270.00 crore, EBITDA surged by 118.09% to ₹75.00 crore, and net profit grew by 122.95% to ₹63.00 crore. The EBITDA margin improved by 704 basis points to 27.80%. For the full fiscal year 2025, revenue grew by 65% to ₹924.00 crore, while net profit increased by 118% to ₹204.00 crore. The company's strong performance indicates effective cost management and operational efficiency.

07Apr 25

Balu Forge Promoter Boosts Stake Through Preferential Allotment Amid Market Downturn

Jaikaran Jaspalsingh Chandock, a promoter of Balu Forge Industries Limited, has increased his stake in the company through a preferential allotment of 13,25,000 equity shares. This move raised his shareholding from 1.07% to 2.24% of the total share capital. The company's equity share capital has consequently increased from Rs. 1,10,76,69,000 to Rs. 1,12,09,19,000. This development occurs despite the current sharp decline in the Indian stock market, potentially signaling the promoter's confidence in the company's future prospects.