Bharat Forge Inks MoU with French Firm for Advanced UAV Production in India Jun 18, 2025
Bharat Forge Inks MoU with French Firm for Advanced UAV Technology Jun 17, 2025
Bharat Forge Enters UAV Market with Turgis Gaillard Partnership Jun 17, 2025
Bharat Forge to Receive Mountain Gun System Technology from DRDO Jun 10, 2025
More news about Bharat Forge
29May 25
Bharat Forge Poised to Ramp Up Defence Production Capacity
Bharat Forge has announced its readiness to increase defence production capacity to meet growing sector demands. This move aligns with India's push for self-reliance in defence manufacturing and could open new revenue streams for the company. While specific details are not disclosed, this proactive approach signals Bharat Forge's intent to capitalize on opportunities in the defence sector.
28May 25
Bharat Forge Wins Legal Battle in Delhi High Court
Bharat Forge Limited and its subsidiary, BF Infrastructure, secured a significant legal victory in the Delhi High Court on May 26, 2025. The court ruled in favor of the companies, allowing their appeal. While specific details of the case remain undisclosed, this ruling is expected to have important implications for Bharat Forge's operations and legal standing.
Bharat Forge posted robust Q4 FY2024-25 results with net profit rising 19.5% to Rs 282.60 crore, despite a 7.5% revenue decline to Rs 3,914.70 crore. EBITDA grew 5.9% to Rs 681.00 crore, with an improved margin of 17.70%. The board recommended a final dividend of Rs 6.00 per share. The company's performance highlights its focus on operational efficiency and cost management in challenging market conditions.
Bharat Forge's Defence Order Book Surges Past Rs 9,000 Crore, Signaling Strong Growth
Bharat Forge has announced that its defence business order book has exceeded Rs 9,000 crore, marking a significant milestone. The company's Chairman and Managing Director, Baba Kalyani, projects a 15-20% growth in the defence vertical in the coming period. This achievement signifies Bharat Forge's expanding presence in the defence sector, diversifying from its traditional automotive focus and potentially leading to increased revenue, long-term stability, and an enhanced market position.
Bharat Forge Ltd. released Q4 FY2025 results showing a 24.44% increase in consolidated net profit to ₹282.62 crore, despite a 7.48% decrease in revenue. The company declared a dividend of ₹6.00 per share. Its defense order book reached ₹9,420.00 crore, with new contracts worth ₹6,959.00 crore secured in FY25. However, Bharat Forge anticipates a decline in its commercial vehicle business for FY26 and provided no export forecasts.
22Apr 25
CCI Greenlights Bharat Forge's Acquisition of AAM India with Modifications
Bharat Forge Limited has received approval from the Competition Commission of India (CCI) to acquire 100% equity shareholding in AAM India Manufacturing Corporation Private Limited. The approval comes with certain voluntary modifications. This acquisition is expected to strengthen Bharat Forge's position in the automotive components manufacturing industry and could potentially expand its manufacturing capabilities and market presence.
02Apr 25
Bharat Forge Launches 300,000 sq ft Defence Manufacturing Facility Near Pune
Bharat Forge has commenced operations at a new 300,000 square feet defence manufacturing facility near Pune, focusing on Advanced Towed Artillery Gun Systems. The company is fulfilling orders from India's Ministry of Defence and has begun exporting to friendly nations. This move aligns with India's goals for self-reliance in defense manufacturing and enhances the country's position as an emerging defense exporter.
27Mar 25
Bharat Forge Expands Defense Portfolio: New Joint Venture and Major Artillery Contract
Bharat Forge Limited has strengthened its defense sector presence through two significant developments. Its subsidiary, Kalyani Strategic Systems Ltd, formed a joint venture with Duma Engineering Group, holding a 90% stake. Additionally, Bharat Forge secured a contract with the Ministry of Defence to supply 184 Advanced Towed Artillery Gun Systems (ATAGS), representing 60% of a ₹6,900 crore procurement. The ATAGS, jointly developed with DRDO, aligns with India's self-reliance vision in defense.
26Mar 25
Bharat Forge Secures Major Defence Contract Amid Trading Window Closure
The Indian Defence Ministry has signed contracts with Bharat Forge and Tata Advanced Systems for artillery guns and gun towing vehicles, totaling ₹69 billion. This order is expected to strengthen Bharat Forge's position in defence manufacturing. Separately, Bharat Forge announced the closure of its trading window for designated persons from April 1, 2025, until 48 hours after the declaration of FY 2024-2025 financial results.
20Mar 25
Bharat Forge Set to Acquire AAM India Manufacturing, Expanding Its Commercial Vehicle Axle Business
Bharat Forge Limited has agreed to acquire a 100% stake in AAM India Manufacturing Corporation Private Limited (AAMIMCPL) for Rs. 5,445.30 crore. This acquisition includes AAMIMCPL's commercial vehicle axle business in Pune and Chennai, along with the Pune Engineering and Development Center. The move aims to enhance Bharat Forge's manufacturing capabilities and market presence in India's commercial vehicle sector. AAMIMCPL, a leading axle manufacturer, reported a turnover of Rs. 1,383.79 crore from its retained business in FY 2023-24. The deal is subject to regulatory approvals and is expected to close within 120 days of receiving clearance from the Competition Commission of India.
Bharat Forge has won a major defense contract after the Cabinet approved a ₹7,000 crore deal for indigenous advanced towed artillery gun systems (ATAGS). This contract marks a significant milestone for the company, strengthening its position in the defense industry. The deal aligns with India's 'Make in India' initiative and showcases Bharat Forge's diversification beyond automotive components. While the exact number of guns to be produced by Bharat Forge is undisclosed, the company's shares surged following the announcement, reflecting positive investor sentiment.
A significant block trade of 459,016 Bharat Forge shares occurred on the National Stock Exchange (NSE) at Rs. 1,094.70 per share, totaling Rs. 50.25 crores. The trade's purpose and parties involved remain unclear. Bharat Forge, a leading Indian multinational, specializes in metallurgical engineering and operates across various sectors including automotive, power, and aerospace.
06Mar 25
Bharat Forge's Kalyani Powertrain Inks Deal with Taiwan's Compal for Server Manufacturing in India
Kalyani Powertrain Limited (KPTL), a subsidiary of Bharat Forge, has entered into a Technology Licensing Agreement with Taiwan's Compal Electronics to manufacture X86 platform servers in India. The partnership aims to boost local manufacturing capabilities, aligning with India's 'Make in India' initiative. KPTL has already launched 'Made in India' servers from their Pune facility in February 2025. This collaboration is expected to advance India's AI, cloud, and data center ecosystem, providing tailored solutions for enterprises, cloud providers, and government organizations.
24Feb 25
Bharat Forge's Kalyani Powertrain Joins Forces with AMD to Boost India's Server Ecosystem
Bharat Forge's subsidiary Kalyani Powertrain has partnered with AMD to manufacture servers in India. The collaboration aims to strengthen India's server ecosystem and advance technological capabilities in high-performance computing. The servers will feature AMD's EPYC processors, with plans to incorporate AMD Instinct accelerators in the future. This initiative supports the 'Make in India' program and aims to provide high-performance, cost-efficient server solutions for various sectors including enterprises, cloud providers, and government organizations.
19Feb 25
Bharat Forge's Subsidiary KSSL Inks Landmark Deal with AM General for U.S. Cannon Supply
Bharat Forge's subsidiary, Kalyani Strategic Systems Ltd (KSSL), has signed a Letter of Intent with AM General to supply advanced artillery cannons to the United States. This marks the first-ever supply of cannons from an Indian defense manufacturer to the U.S., highlighting India's growing defense manufacturing capabilities. The agreement builds on existing collaborations for developing next-generation artillery solutions. Bharat Forge, through KSSL, continues to expand its defense portfolio with various indigenous weapon platforms and is already exporting globally.