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Latest news about Bharat Forge

Bharat Forge Defence Revenue Surges to ₹1,772 Crores with ₹11,000 Crore Order Book 1 day ago Yesterday

Bharat Forge has successfully diversified from automotive manufacturing into defence, with defence revenue growing from ₹410 crores in FY23 to ₹1,772 crores in FY25. The company reported strong Q2FY26 results with revenue of ₹4,032 crores (+9.30% YoY) and net profit of ₹299 crores (+23.00% YoY). With an ₹11,000 crore defence order book including a major ₹1,662 crore carbine contract, the defence segment now represents 70% of standalone revenue, providing stability against automotive sector cyclicality.

Bharat Forge Partners with Germany's Agile Robots for AI-Driven Industrial Automation 3 days ago

Bharat Forge Partners with Agile Robots for AI Automation Solutions 4 days ago

Bharat Forge, Germany's Agile Robots Sign MoU for AI-Driven Industrial Automation 4 days ago

Bharat Forge Records ₹58.80 Crore Block Trade on NSE at ₹1,464.50 Per Share 4 days ago

More news about Bharat Forge

06Jan 26

Bharat Forge Subsidiary Completes Solar Park Investment Acquisition

Bharat Forge Limited has completed Tranche I of its renewable energy investment through subsidiary JS Auto Cast Foundry India Private Limited. The subsidiary acquired 20,580 equity shares in Sunsafe Solarpark Twenty-Three Private Limited for ₹25.77 crores, securing a 31.57% stake. This transaction is part of a larger strategic initiative announced in September 2024 involving multiple Bharat Forge subsidiaries investing in solar energy special purpose vehicles.

06Jan 26

Bharat Forge: North American Class 8 Net Orders Surge to 42,200 Units in December

North American Class 8 net orders surged to 42,200 units in December, marking the highest level since October 2022. The performance showed exceptional growth with 108% month-over-month increase and 21% year-over-year growth, indicating strong recovery and momentum in the heavy-duty commercial vehicle segment.

05Jan 26

Defence Emerges as Decade's Key Theme as India Signs ₹4,666 Crore Military Contracts

Market expert Gurmeet Chadha identifies defence as the decade's defining theme, emphasizing military power over natural resources for national strength. India responds strategically with ₹4,666 crore defence contracts, including ₹2,770 crore for over 4.25 lakh carbines from Bharat Forge Ltd and ₹1,896 crore for 48 heavy torpedoes. The Ministry of Defence has committed ₹1,82,492 crore in fiscal 2026 capital contracts with an additional ₹79,000 crore approved outlay.

02Jan 26

Bharat Forge Expects 'Qualitatively Better' 2026 Following Record Defence Win

Bharat Forge Ltd. has secured its largest small arms contract worth ₹1,661.9 crore from the Ministry of Defence for 255,128 CQB carbines over five years, pushing its defence order book to ₹11,000 crore. Joint Managing Director Amit Kalyani expects 2026 to be "qualitatively better" driven by defence portfolio maturation and India's infrastructure growth across airports, ports, and railways. The company is focusing on indigenous defence manufacturing and sees naval systems and unmanned platforms as future growth areas.

31Dec 25

Bharat Forge Provides Strong Guidance for Defense Vertical, Eyes Export Opportunities

Bharat Forge has provided strong guidance for its defense vertical operations while identifying significant export opportunities in the defense segment. The positive outlook suggests confidence in the company's defense manufacturing capabilities and potential for international market expansion.

30Dec 25

Bharat Forge Shares In Focus After Securing ₹1,662 Cr Defence Contract

Bharat Forge announced its largest small arms contract worth ₹1,661.90 crores from the Defence Ministry for supplying 255,128 indigenously developed CQB carbines to the Indian Army over five years. The contract, signed on December 30, represents a joint development effort with DRDO and aligns with Atmanirbhar Bharat initiative. Shares closed 0.70% higher at ₹1,454.90 and are expected to remain in focus.

10Dec 25

Bharat Forge Denies Involvement in Russia Meetings, Says No Representative Visited Since 2021

Bharat Forge has denied involvement in any recent meetings in Russia, stating no company representative has visited since 2021. The clarification addresses speculation about potential business activities in Russia and demonstrates the company's commitment to transparency amid increased scrutiny of international corporate relationships.

14Nov 25

Bharat Forge Faces Revenue Dip in Q2 FY26 Amid North American Market Headwinds

Bharat Forge faced a challenging Q2 FY26 with standalone revenues dropping 7.5% to INR 1,947 crores due to North American Commercial Vehicle market degrowth and inventory destocking. CV exports to North America fell 48% quarter-on-quarter and 67% year-on-year. Despite revenue challenges, the company maintained a 28% EBITDA margin. Bharat Forge secured new business worth INR 1,582 crores and plans to raise up to INR 2,000 crores for growth initiatives. The company expects similar performance in Q3 FY26 with potential improvement in Q4.

12Nov 25

Bharat Forge Reports Mixed Q2 Results, Secures Major Defence Contract

Bharat Forge reported a 13% year-over-year decline in Q2 FY2026 standalone net sales to Rs 19.50 billion, with total tonnage down 12%. However, the company improved its EBITDA margin to 28.30%. Kalyani Strategic Systems Ltd, a subsidiary of Bharat Forge, secured defence contracts worth over Rs 2,500 million from the Indian Ministry of Defence for underwater systems. ICICI Securities raised its target price for Bharat Forge, citing strong growth in the defence segment.

11Nov 25

Kalyani Strategic Systems Secures ₹2,500+ Million Defense Contracts for Underwater Systems

Kalyani Strategic Systems Limited (KSSL), a wholly-owned subsidiary of Bharat Forge Limited, has secured contracts worth over ₹2,500 million from the Indian Ministry of Defence for underwater systems. The contracts, signed on November 10, 2025, require delivery within a year, adhering to Fast Track procurement norms. This development marks a significant milestone for KSSL in the underwater domain, showcasing its growing capabilities in design, development, and production of unmanned marine systems. KSSL has been building its expertise in this area over the past five years and has previously supplied autonomous underwater vehicles to the Indian Navy. The contracts align with the Indian Navy's urgent and mission-critical requirements, potentially enhancing India's naval defense capabilities.

11Nov 25

Bharat Forge Completes Full Utilization of Rs 1,650 Crore QIP Proceeds

Bharat Forge Limited has completely utilized the Rs 1,650 crore raised through its Qualified Institutional Placement (QIP) issued in December 2024. The funds were allocated as follows: Rs 1,029.60 crore for repayment of subsidiary borrowings, Rs 550.04 crore for acquiring equity shares in AAM India Manufacturing Corporation Private Limited, and Rs 42.23 crore for general corporate purposes. ICRA Limited, the monitoring agency, reported no material deviation from the stated objectives for the quarter ended September 30, 2025. The company completed all objectives without delays, demonstrating financial discipline and commitment to its goals.

11Nov 25

Bharat Forge Anticipates Growth in India Business and Defence to Offset US Export Decline

Bharat Forge reports a decrease in exports to North America due to challenging demand conditions expected in the second half of FY26, particularly in the commercial vehicle segment. To offset this decline, the company is focusing on growth in India's industrial business, non-US exports, and the defence sector. Strategic moves include restructuring the defence business, diversifying into aerospace and castings, and reviewing European operations. Despite challenges, Bharat Forge remains optimistic about overall growth prospects.

11Nov 25

Bharat Forge Q2 Revenue Dips to Rs 19.5B, Board Approves Rs 20B Fundraising

Bharat Forge experienced a 13.3% year-over-year revenue decline in Q2, with total revenue falling to Rs 19.5 billion. Despite this, the company improved its EBITDA margin to 28.30%. Net profit decreased to Rs 3.1 billion. The board approved raising funds up to Rs 20 billion, indicating potential future growth strategies or preparations for market challenges.

05Nov 25

Bharat Forge to Consider Fundraising Through Loans and Debentures

Bharat Forge Limited plans to consider various fundraising options, including term loans, non-convertible debentures, and other debt instruments. The company's Board of Directors will discuss these options at an upcoming meeting on November 11, 2025, alongside the approval of Q2 and H1 FY26 financial results. An Analyst/Investor Conference Call is scheduled for the same day to discuss the financial performance with senior management participation.

16Oct 25

Bharat Forge Expands Aerospace Partnership with Rolls-Royce for Pearl 10X Engine Fan Blades

Bharat Forge Limited has expanded its strategic partnership with Rolls-Royce to manufacture and supply fan blades for Pearl 700 and Pearl 10X engines. The agreement was signed at Rolls-Royce's Dahlewitz facility near Berlin. This expansion aligns with Rolls-Royce's goal to double its sourcing from India by 2030. Bharat Forge, currently the only company in India offering advanced technology for precision components in the Pearl engine family, achieved a milestone by delivering its first zero-defect fan blade. The Pearl 10X engine, part of this partnership, boasts over 18,000lb thrust and powers some of the largest business jets.

13Oct 25

Bharat Forge Faces Rs 1.54 Crore IGST Demand, Exploring Challenge Options

Bharat Forge Limited has received a duty demand order from the Office of the Commissioner of Customs (Imports) for alleged short payment of IGST on reimported goods. The order includes an IGST demand of Rs 1.54 crore, an equivalent penalty, applicable interest, and an additional fine of Rs 1.00 crore, totaling Rs 2.54 crore. The company plans to challenge the order and states it will not have a material impact on its operations or finances.

07Oct 25

Bharat Forge Faces Setback as Pune District Court Upholds Cantonment Board Assessment

Pune District Court dismissed Bharat Forge's appeal against Pune Cantonment Board's assessment notice and bills for FY 2023-24 and 2024-25 on October 1, 2025. Bharat Forge received the order on October 7, 2025, and is exploring options to challenge it. The company stated no immediate cash outflow or operational impact, as the demanded amount has been paid. This information was disclosed in compliance with SEBI regulations.

26Sept 25

Bharat Forge Joins Forces with BEML and Data Patterns for Advanced Medium Combat Aircraft Project

Bharat Forge Limited has entered into a Tripartite Memorandum of Understanding with BEML Limited and Data Patterns (India) Limited to support the Advanced Medium Combat Aircraft (AMCA) project. The partnership aims to participate in the Expression of Interest floated by the Aeronautical Development Agency. This collaboration brings together Bharat Forge's forging capabilities, BEML's defense manufacturing experience, and Data Patterns' expertise in defense electronics. The company also announced the closure of its trading window for designated persons until 48 hours after the declaration of Q2 financial results.

26Sept 25

Bharat Forge Faces Potential Impact as US Imposes 25% Tariffs on Heavy Truck Imports

The United States has implemented a 25% tariff on heavy truck imports, which could affect Bharat Forge, a key player in the heavy truck parts sector. This tariff may reshape the global automotive trade landscape and challenge international manufacturers and suppliers in the heavy truck industry. Bharat Forge, an Indian forging company with significant presence in the global automotive supply chain, may face shifts in its US market dynamics due to increased import costs. The situation underscores the importance of adaptability and diversification for companies in response to changing global trade policies.

23Sept 25

Bharat Forge Shares See Rs. 31.64 Crore Block Trade on NSE

A significant block trade of 250,719 Bharat Forge shares was executed on the National Stock Exchange (NSE) at Rs. 1,262.10 per share, totaling approximately Rs. 31.64 crores. This privately negotiated transaction between undisclosed parties represents a substantial movement of shares for the Indian multinational company.

15Sept 25

Bharat Forge Inks Strategic Partnership with Windracers for UAV Operations in India

Bharat Forge has signed a strategic MoU with UK-based Windracers at the DSEI exhibition to advance UAV operations in India. The partnership aims to leverage the UK-India Free Trade Agreement, facilitating aerospace technology transfer and innovation between the two countries. This collaboration aligns with the India-UK Vision 2035 and is expected to boost India's capabilities in the UAV sector, combining Bharat Forge's manufacturing expertise with Windracers' UAV technology.

11Sept 25

Bharat Forge Subsidiary Inks Landmark Artillery Deal with UAE Firm

Kalyani Strategic Systems Limited (KSSL), a subsidiary of Bharat Forge, has signed an agreement with MP3 International to supply 155mm howitzer barrels to the UAE. This marks the first such deal between an Indian and Emirati company for a critical defense component. The contract is expected to open up markets in Southeast Asia and the MENA region, while also strengthening India-UAE defense cooperation. Additionally, Bharat Forge has recently partnered with UK-based Windracers Limited to deploy heavy-lift drones across India for military and civil applications.

11Sept 25

Bharat Forge and Windracers Forge Strategic Partnership for Advanced UAV Operations in India

Bharat Forge Limited has signed a Memorandum of Understanding with UK-based Windracers Limited to collaborate on the deployment and localization of Windracers' ULTRA Unmanned Aerial Vehicle in India. The partnership aims to enhance India's UAV capabilities for both military and civil sectors. The ULTRA UAV offers a payload capacity of up to 150kg, a range of up to 1,000km, and 6-7 hours of endurance, making it suitable for various operations including naval carrier delivery and logistics support for the army and air force. This collaboration aligns with India's defence roadmap and the UK-India Free Trade Agreement, fostering technology transfer and innovation between the two countries.

05Sept 25

Bharat Forge Faces Decline in Truck Orders, Expands Defence Sector Presence

Bharat Forge faces a 14% decline in Class 8 truck orders and anticipates a 15% decrease for the 2025 cycle in its commercial vehicle segment. However, the company is strategically expanding in the defence sector. Its subsidiary, Agneyastra Energetics Limited, has acquired 949.65 acres in Anantapur District to develop an End-to-End Defence Energetics Manufacturing Complex. This complex will include facilities for high explosives, ammunition filling, gun propellants, and future expansion into rocket and missile systems energetics.

04Sept 25

Bharat Forge's Subsidiary Acquires 949.65 Acres for Defence Manufacturing Complex in Andhra Pradesh

Bharat Forge's subsidiary, Agneyastra Energetics Limited, has signed an agreement to purchase 949.65 acres of land in Madakasira, Anantapur District, Andhra Pradesh. The land will be used to develop an End-to-End Defence Energetics Manufacturing Complex, including facilities for high explosives, ammunition filling, and gun propellants. This move aligns with Bharat Forge's expansion plans in the defence sector and aims to enhance India's self-reliance in defence production.

29Aug 25

US Tariff Hike Could Slash Bharat Forge's EBITDA by 30%, Says Morgan Stanley

The Trump administration has increased tariffs on Indian exports to the US by 25%, bringing the total duty to 50%. This move significantly impacts Indian auto component manufacturers. Morgan Stanley analysis suggests Bharat Forge could face a 30% EBITDA impact, with 38% of its standalone revenue coming from the US market. Balkrishna Industries, with 10% of its topline from the US, may see a 10% EBITDA impact. Both companies previously managed partial cost pass-through to customers under a 10% tariff. Despite the news, Bharat Forge's stock closed up 0.23% at ₹1,124.50, while Balkrishna Industries fell 0.16% to ₹2,320.40.

22Aug 25

Bharat Forge Executes Block Trade Worth Rs. 57.44 Crores on NSE

Bharat Forge, a leading Indian multinational company, conducted a significant block trade on the National Stock Exchange (NSE). The transaction involved 502,651 shares at ₹1,142.80 per share, totaling ₹57.44 crores. This substantial trade highlights notable market activity for the stock, though the reasons and parties involved remain undisclosed. Bharat Forge is a key player in metallurgical engineering and the forging industry, supplying components to various sectors including automotive, power, oil and gas, construction, mining, aerospace, and marine industries.

21Aug 25

Bharat Forge Executes Block Trade Worth Rs. 71.19 Crores on NSE

Bharat Forge, a leading Indian multinational company, completed a significant block trade on the National Stock Exchange. The transaction involved 611,064 shares at Rs. 1,165.00 per share, totaling Rs. 71.19 crores. This block trade indicates substantial institutional interest in the company, which is known for its expertise in metallurgical engineering and serves various sectors including automotive, power, oil and gas, construction, mining, aerospace, marine, and rail.

11Aug 25

Bharat Forge Q1 Revenue Dips 2.7% Amid Global Uncertainties

Bharat Forge experienced a 2.7% year-on-year decrease in standalone revenue for Q1, reaching Rs 2,105.00 crores. Standalone EBITDA fell 6.5% to Rs 588.00 crores. Consolidated revenue increased by 1.5% to Rs 3,909.00 crores, with EBITDA at Rs 682.00 crores. The company secured new business worth Rs 850.00 crores across segments. US aluminum operations showed improvement with positive EBITDA. Bharat Forge expects Q2 to be weaker but anticipates a stronger second half. The recent acquisition of American Axle's India CV Assets is expected to add Rs 1,000.00 crores to consolidated revenue from Q2.

06Aug 25

Bharat Forge Inks ₹4.5 Billion Defence Business Transfer Deal with KSSL

Bharat Forge Limited has entered into a Business Transfer Agreement with its wholly-owned subsidiary, Kalyani Strategic Systems Limited (KSSL), to transfer its defence business assets and obligations for ₹4.50 billion. The deal includes an Intellectual Property Rights Licensing Agreement. This internal restructuring aims to streamline Bharat Forge's defence operations. The transaction won't affect the group's consolidated financial results. Bharat Forge's current defence order book stands at ₹9,463.00 crores, with expectations of securing new orders in the current fiscal year.

06Aug 25

Bharat Forge Co MD Warns of Challenging US Export Business Outlook

Bharat Forge's Co-Managing Director expresses caution for the US export business due to market cycle challenges and geographical factors. Q1 results show mixed performance with standalone revenue at ₹2,105.00 crore, down 2.70% sequentially, and export revenue declining 12.70%. The company is focusing on diversification, cost optimization, and growth in the defence sector to counter challenges. US tariffs and emission regulation changes in North America are key factors influencing the outlook. Despite challenges, US and European operations showed improvement in the April-June quarter.

06Aug 25

Bharat Forge Stock Falls as Management Warns of Challenging Year Ahead

Bharat Forge's Q2 standalone revenue fell 10% to ₹2,105 crore, missing estimates. EBITDA dropped 12.4% to ₹571 crore with margin compression. Management warned of a challenging year ahead, citing concerns about US export business due to tariff and emission norm changes. The company's shares declined 1.8% to ₹1,139.90. Despite challenges, Bharat Forge expects new defense orders and plans to review its European steel manufacturing footprint.

30Jul 25

Bharat Forge Expands Aerospace Footprint: Partners with Pratt & Whitney Canada and Plans New Ring Mill

Bharat Forge Limited (BFL) has announced a strategic partnership with Pratt & Whitney Canada for aerospace applications development. Additionally, BFL plans to establish a state-of-the-art ring mill dedicated to aerospace components, expected to be operational by 2026. The facility will produce high-performance products for aero-engine applications, adhering to global quality standards and supporting both domestic and international aerospace programs.

30Jul 25

Bharat Forge to Establish Advanced Ring Mill for Aerospace, Expanding Manufacturing Capabilities

Bharat Forge Limited (BFL) announces plans to construct a state-of-the-art ring mill facility for aerospace applications, following contracts with Pratt & Whitney Canada. The facility, expected to be operational by 2026, will produce high-performance components for aero-engine applications, adhering to global quality standards. This move expands BFL's aerospace manufacturing capabilities and supports both domestic and international aerospace programs, aligning with India's vision to become a global aerospace manufacturing hub.

18Jul 25

Bharat Forge Expands Global Defence Footprint with New Spanish Joint Venture

Bharat Forge's subsidiary, Kalyani Strategic Systems Limited (KSSL), has formed a joint venture with Duma Engineering Group S.L. in Spain. The new entity, Aegis Advanced Systems SL, was incorporated on July 17, 2025, with KSSL holding a 90% stake. The venture aims to develop defence technology and products for Indian, European, and other export markets. Initial investment by KSSL is EUR 2,700.00, with the company's authorized and paid-up capital set at EUR 3,000.00. This move is expected to enhance Bharat Forge's global defence presence and create growth opportunities in the sector.

17Jul 25

Bharat Forge Expands Global Defense Footprint with New Spanish Subsidiary

Bharat Forge's subsidiary, Kalyani Strategic Systems Limited (KSSL), has formed a joint venture named Aegis Advanced Systems SL in Spain. KSSL holds a 90% stake in the venture, investing EUR 2,700.00. The new entity aims to develop advanced technology and product platforms for defense markets in India, Europe, and other export destinations. The authorized capital of the company is EUR 3,000.00, fully paid up. This move is expected to enhance Bharat Forge's capabilities in the defense sector and provide access to new markets.

04Jul 25

Defence Stocks Surge as Rs 1.05 Lakh Crore Acquisition Proposals Approved

The Defence Acquisition Council has approved ten capital-acquisition proposals worth Rs 1.05 lakh crore under the Buy (Indian-IDDM) category. The approvals include armoured recovery vehicles, electronic warfare systems, surface-to-air missiles, and an integrated common inventory management system for tri-services. This move is expected to boost the Indian defence sector and support the 'Make in India' initiative by promoting indigenous defence manufacturing.

03Jul 25

Defence Stocks: Rs 1.05 Lakh Crore Acquisition Proposals Approved

The Defence Acquisition Council has approved 10 capital-acquisition proposals worth Rs 1.05 lakh crore under the Buy (Indian-IDDM) category. The approved equipment includes armoured recovery vehicles, electronic warfare systems, surface-to-air missiles, and an integrated common inventory management system for tri-services. This move aligns with the government's push for self-reliance in defence production and is expected to create opportunities for domestic defence manufacturers.

03Jul 25

Bharat Forge Expands Defence Capabilities with New Subsidiary 'Agneyastra Energetics'

Bharat Forge has incorporated a new step-down subsidiary named 'Agneyastra Energetics' to strengthen its presence in the defence sector. This strategic move aims to expand the company's defence capabilities, potentially leading to new product offerings, enhanced technological capabilities, and increased market share in the defence industry. The incorporation of Agneyastra Energetics aligns with Bharat Forge's broader strategy to diversify its portfolio and capitalize on opportunities in the growing defence market.

03Jul 25

Bharat Forge: Last Day to Buy Shares for Rs 6 Final Dividend Eligibility

Bharat Forge has declared a final dividend of Rs 6 per share for FY2025. July 3 is the last day to purchase shares to qualify for the dividend, with the record date set for July 4. Despite a 7.5% decline in Q4 revenue, the company reported increased net profit and improved EBITDA. The EBITDA margin also saw an uptick, indicating enhanced operational efficiency.

03Jul 25

Bharat Forge Faces Headwinds as U.S. Class 8 Truck Orders Plummet in June

Bharat Forge may encounter difficulties due to a significant downturn in U.S. Class 8 truck orders. June saw a 36% year-over-year drop in orders, totaling only 8,900 units, well below the 10-year average of 19,213. This decline could lead to reduced demand for Bharat Forge's components, potentially impacting its revenue from North American operations. The company might need to adjust its production and supply chain strategies in response to this market slowdown.

02Jul 25

Bharat Forge Expands Manufacturing Footprint with Acquisition of AAM India

Bharat Forge has completed the acquisition of AAM India Manufacturing Private Limited, enhancing its manufacturing capabilities in the auto component sector. This strategic move is expected to increase production capacity, potentially provide access to new technologies, and strengthen Bharat Forge's market position. The acquisition aligns with the company's growth strategy and may lead to operational synergies and improved competitiveness.

30Jun 25

Bharat Forge Reshapes Business: Defence Unit Transfer and AAM India Acquisition

Bharat Forge's Board of Directors has approved two major corporate actions. The company will transfer its defence business to KSSL and acquire AAM India for 7.70 billion rupees. These strategic moves aim to streamline operations and expand the company's portfolio, potentially impacting its position in both defence and automotive sectors.

18Jun 25

Bharat Forge Inks MoU with French Firm for Advanced UAV Production in India

Bharat Forge has signed an MoU with French company Turgis Gaillard to introduce AAROK, a medium-altitude long-endurance UAV, to the Indian market. The agreement includes local production of the UAV, supporting the 'Make in India' initiative. This collaboration aims to enhance India's defense capabilities, particularly in aerial reconnaissance. The primary customers for this advanced UAV system will be the Indian armed forces.

17Jun 25

Bharat Forge Inks MoU with French Firm for Advanced UAV Technology

Bharat Forge Ltd. has signed a Memorandum of Understanding with French company Turgis Gaillard to acquire unmanned aerial vehicle (UAV) technology. The agreement focuses on the transfer of Aarok, a Medium-Altitude Long-Endurance (MALE) class UAV designed for long-range surveillance missions. Bharat Forge will establish an Aarok production line at its facility, aligning with India's 'Make in India' initiative. This move is expected to enhance Bharat Forge's aerospace capabilities and strengthen its position in the defense sector.

17Jun 25

Bharat Forge Enters UAV Market with Turgis Gaillard Partnership

Bharat Forge has announced a partnership with French aerospace company Turgis Gaillard to introduce the Aarok Unmanned Aerial Vehicle (UAV) to India's defense forces. This collaboration marks Bharat Forge's strategic entry into the defense sector, aligning with India's push for self-reliance in defense technology. The partnership aims to enhance Indian defense capabilities by offering advanced aerial reconnaissance and surveillance through the Aarok UAV. This move represents a significant diversification for Bharat Forge, traditionally known for metal forming, as it positions itself in India's growing indigenous defense production market.

10Jun 25

Bharat Forge to Receive Mountain Gun System Technology from DRDO

The Defence Ministry has directed DRDO to transfer important technologies, including the Mountain Gun System, to Bharat Forge. This transfer is expected to significantly enhance Bharat Forge's defence capabilities, especially in producing advanced artillery systems for mountainous terrains. The move aligns with India's 'Make in India' initiative and aims to boost indigenous defence production. It's likely to expand Bharat Forge's product portfolio and increase its competitiveness in domestic and international defence markets.

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.

27May 25

Delhi High Court Rules in Favor of Bharat Forge and Subsidiary

Bharat Forge Limited and its subsidiary, BF Infrastructure, have secured a favorable ruling from the Delhi High Court on May 26, 2025. The court allowed an appeal filed by the companies, marking a significant legal victory. While specific details of the case are not disclosed, such legal wins often strengthen a company's position and protect its business interests.

09May 25

Bharat Forge's Q4 Profit Surges 19.5% Despite Revenue Dip; Announces Rs 6 Per Share Dividend

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.

09May 25

Bharat Forge Projects Strong Growth in Defense and E-Mobility Segments

Bharat Forge anticipates 15-20% growth in its defense segment by FY26. The company expects significant revenue increase from e-mobility products starting 2025, with profitability projected for the second half of 2025. These forecasts highlight Bharat Forge's strategic focus on high-growth sectors like defense and electric vehicles.

08May 25

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.

08May 25

Bharat Forge Reports 24% Profit Jump in Q4, Declares ₹6 Dividend Amid Mixed Performance

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.

20Mar 25

Bharat Forge Shares Surge as Cabinet Approves ₹7,000 Crore Artillery Deal

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.

07Mar 25

Bharat Forge Shares Witness Massive Rs. 50.25 Crore Block Trade on NSE

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.