Balu Forge Industrie
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Balu Forge Industrie share price

Balu Forge Industries Ltd.

NSE: BALUFORGE BSE: 531112 SECTOR: Engineering - Industrial Equipments  49k   111   9

283.90
0 0
BSE: 03 May 04:01 PM

Price Summary

Today's High

₹ 292

Today's Low

₹ 271.05

52 Week High

₹ 307

52 Week Low

₹ 98.23

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 2912.58 Cr.

Enterprise Value

₹ 2956.32 Cr.

No. of Shares

10.26 Cr.

P/E

50.21

P/B

6.11

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  46.44

CASH

₹ 7.6 Cr.

DEBT

₹ 51.33 Cr.

Promoter Holding

56.07 %

EPS (TTM)

₹  5.65

Sales Growth

-5.61%

ROE

18.31 %

ROCE

24.14%

Profit Growth

5.11 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-5.61%
3 Year997.35%
5 Year322.57%

Profit Growth

1 Year5.11%
3 Year823.67%
5 Year242.3%

ROE%

1 Year18.31%
3 Year21.52%
5 Year33.51%

ROCE %

1 Year24.14%
3 Year28.5%
5 Year25.83%

Debt/Equity

0.2683

Price to Cash Flow

457.16

Interest Cover Ratio

5.16543714152105

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 56.07 0
Dec 2023 56.07 0
Sep 2023 57.47 0
Jun 2023 65.41 0
Mar 2023 65.41 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 823.667209686673% for the Past 3 years.
  • The company has shown a good revenue growth of 997.351604951181% for the Past 3 years.
  • Company has been maintaining healthy ROE of 21.5193402024674% over the past 3 years.
  • Company has been maintaining healthy ROCE of 28.5045883104985% over the past 3 years.
  • The company has a high promoter holding of 56.07%.

 Limitations

  • Company has high debtor days of 221.21797301923.
  • The company is trading at a high EV/EBITDA of 32.4794.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 73.69 83.5 69.63 102.03 103.88
Total Expenditure 60.14 66.26 54.27 77.96 78.09
Operating Profit 13.55 17.24 15.35 24.07 25.79
Other Income 3.43 0.18 0.14 4.15 1.86
Interest 2.75 0.3 2.47 3.76 3.86
Depreciation 0.32 3.5 0.32 0.32 0.37
Exceptional Items 0 0 0 0 0
Profit Before Tax 13.91 13.62 12.71 24.13 23.43
Tax 5.6 2.03 2.4 6.69 4.75
Profit After Tax 8.3 11.59 10.31 17.44 18.68
Adjusted EPS (Rs) 1 1.39 1.24 1.74 1.82

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 0.18 0.2 142.09 285.06 269.06
Total Expenditure 0.13 0.14 129.84 247.42 226.55
Operating Profit 0.05 0.06 12.24 37.64 42.51
Other Income 0 0.01 5.25 8.53 12.81
Interest 0 0 6.61 5.23 10.48
Depreciation 0 0 1.14 1.05 1.19
Exceptional Items 0 0 0 -0.21 0
Profit Before Tax 0.05 0.07 9.74 39.68 43.65
Tax -0.14 0.03 2.12 9.24 11.65
Net Profit 0.19 0.04 7.62 30.44 31.99
Adjusted EPS (Rs.) 5.42 1.16 1.11 3.7 3.84

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 0.35 0.35 68.62 82.31 83.36
Total Reserves -0.05 0 8.9 76.92 107.96
Borrowings 0 0 10.35 7.43 11.69
Other N/C liabilities -0.14 -0.12 1.65 1.28 -1.28
Current liabilities 0.05 0.07 81.25 116.95 147.48
Total Liabilities 0.21 0.29 170.76 284.89 349.21
Assets
Net Block 0 0 42.41 42.36 42.93
Capital WIP 0 0 0 6.67 6.67
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0.32 0.32
Loans & Advances 0 0.11 0.18 0.79 14.81
Other N/C Assets 0 0 0 0 0
Current Assets 0.21 0.18 128.17 234.75 284.47
Total Assets 0.21 0.29 170.76 284.89 349.21
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 0.05 0.07 9.74 39.68 43.65
Adjustment 0.02 -0.01 7.68 -2.43 9.25
Changes in Assets & Liabilities 0.15 -0.01 2.03 -96.8 -46.77
Tax Paid -0.01 -0.01 -2.12 2.09 0.25
Operating Cash Flow 0.21 0.04 17.33 -57.47 6.37
Investing Cash Flow 0.01 0 -3.23 -7.67 -1.77
Financing Cash Flow -0.05 -0.09 -11.85 68.64 -5.63
Net Cash Flow 0.17 -0.05 2.24 3.5 -1.02

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 65.41 65.41 57.47 56.07 56.07
jaikaran jaspalsingh chan... 0.01 0.01 1.54 1.50 1.50
jaspalsingh prehladsingh ... 65.30 65.30 54.39 53.06 53.06
trimaan jaspalsingh chand... 0.09 0.09 1.54 1.50 1.50
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 34.59 34.59 42.53 43.93 43.93
ashish kacholia - - 2.16 2.11 2.14
bengal finance and invest... - - 2.16 2.11 2.11
caterfield global dmcc - 2.27 1.89 1.85 1.85
ecotek general trading l.... - 1.74 1.59 1.55 1.55
hitesh natwarlal kawa 1.13 1.13 1.04 1.02 1.21
natwarlal keshavjibhai ka... 1.26 1.26 1.05 1.02 1.07
rathod management consult... - - 1.15 1.12 1.12
sageone - flagship growth... - - 1.80 1.75 1.64
shrem investments private... - - 1.50 1.46 1.46
sixteenth street asian ge... - - - 2.44 2.44
zenith multi trading dmcc... - - 1.13 1.11 1.11
rashmi nimesh joshi 1.27 1.33 1.07 1.03 -
vanaja sundar iyer - - 1.80 1.75 -
brilliant investment cons... - 1.22 - - -
tano investment opportuni... 6.23 1.01 - - -
3 sigma global fund 1.45 - - - -
dream achiever consultanc... 2.29 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ3FY22 23 Feb 2022

Company News

 No Latest News available for this company.
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Balu Forge Industrie Stock Price Analysis and Quick Research Report. Is Balu Forge Industrie an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a Low P/E are undervalued (it depends on other factors too). Balu Forge Industrie has a PE ratio of 49.9787775891341 which is high and comparatively overvalued .

  • Share Price: - The current share price of Balu Forge Industrie is Rs 282.6. One can use valuation calculators of ticker to know if Balu Forge Industrie share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Balu Forge Industrie has ROA of 10.0911455869236 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Balu Forge Industrie has a Current ratio of 1.92893468134014 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Balu Forge Industrie has a ROE of 18.3082246613376 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Balu Forge Industrie has a D/E ratio of 0.2683 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Balu Forge Industrie has an Inventory turnover ratio of 7.22190743198719 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Balu Forge Industrie has reported revenue growth of -5.6127875730553 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Balu Forge Industrie for the current financial year is 15.8004417629934 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Balu Forge Industrie is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Balu Forge Industrie

Balu Forge Industries Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Balu Forge Industries Ltd. is a leading manufacturer and exporter of forging and machining components in India. The company was established in 1986 and has a vast experience of over three decades in the field. Balu Forge Industries Ltd. has state-of-the-art manufacturing facilities in Maharashtra and Karnataka, and it caters to diverse industries such as aerospace, defense, automotive, railways, and other engineering sectors. The company has a vast client base in India and abroad.

Balu Forge Industries Ltd. is committed to maintaining the highest quality standards and providing innovative solutions to its customers. The company has a team of highly skilled engineers and technicians who work tirelessly to ensure timely delivery of high-quality products.

Balu Forge Industries Ltd. - Share Price

Balu Forge Industries Ltd. is a publicly-traded company, and its shares are listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The company's stock has been performing well in recent years, and it has witnessed a steady increase in share price.

At our website, we provide the latest data on Balu Forge Industries Ltd. stock, including the live share price, price change, market capitalization, trading volumes, and much more.

Balu Forge Industries Ltd. - Balance Sheet

A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. Balu Forge Industries Ltd. publishes its annual balance sheet on our website, and users can also access it through our pre-built screening tools.

Using our premium features such as DCF analysis, BVPS analysis, earnings multiple approach, and DuPont analysis, long-term investors can make informed decisions about whether to invest in Balu Forge Industries Ltd. stock.

Balu Forge Industries Ltd. - Annual Report

Balu Forge Industries Ltd. releases its annual report every year, highlighting its financial performance, growth, strategy, and future outlook. Investors can access the company's annual report on our website and stay updated on the company's latest developments.

Balu Forge Industries Ltd. - Dividend

Dividend is a distribution of a company's earnings to its shareholders. Balu Forge Industries Ltd. has a history of issuing dividends to its shareholders consistently. Investors can also find the company's dividend history on our website.

Balu Forge Industries Ltd. - Quarterly Results

Balu Forge Industries Ltd. publishes regular quarterly results that provide an overview of the company's financial performance during the quarter. These results include key financial metrics such as revenue, profit, and earnings per share.

Our website provides users with access to the latest quarterly results of Balu Forge Industries Ltd. Users can also use our pre-built screening tools to filter and analyze the company's quarterly results.

Balu Forge Industries Ltd. - Stock Price

The stock price of Balu Forge Industries Ltd. is subject to market fluctuations. Our website provides real-time updates on the company's stock price, allowing users to track stock performance and make informed investment decisions.

Balu Forge Industries Ltd. - Price Chart

Price charts are an essential tool for technical analysts and long-term investors. Our website provides an interactive price chart of Balu Forge Industries Ltd. stock that allows users to analyze price trends and patterns.

Balu Forge Industries Ltd. - News

Keeping up with the latest news and developments is crucial for investors. Our website provides the latest news and information about Balu Forge Industries Ltd., including press releases, management interviews, and analyst reports.

Balu Forge Industries Ltd. - Concall Transcripts

Balu Forge Industries Ltd. holds concall sessions with investors and analysts regularly. Our website provides access to the company's concall transcripts, allowing users to stay updated on the company's latest developments and ask questions directly to the management.

Balu Forge Industries Ltd. - Investor Presentations

Investor presentations are an excellent source of information for investors who want to learn more about the company's strategy, growth prospects, and financial performance. Balu Forge Industries Ltd. publishes its investor presentations on our website, allowing users to access them easily.

Balu Forge Industries Ltd. - Promoters

Balu Forge Industries Ltd. has a strong promoter group with extensive experience in the forging and machining industry. The company's promoters have a strong track record of success and are committed to driving the company's growth.

Balu Forge Industries Ltd. - Shareholders

Balu Forge Industries Ltd. has a diverse shareholder base that includes retail investors, institutional investors, and foreign investors. Our website provides information about the company's top shareholders, allowing users to analyze the company's ownership structure.

In conclusion, Balu Forge Industries Ltd. is a leading manufacturer and exporter of forging and machining components in India. The company has a strong track record of success and is committed to maintaining the highest quality standards. Our website provides users with a range of tools and information to help them make informed investment decisions in Balu Forge Industries Ltd. stock.

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