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Balu Forge Industrie share price

Balu Forge Industries Ltd.

NSE: BALUFORGE BSE: 531112 SECTOR: Engineering - Industrial Equipments  93k   189   28

533.60
0 0
BSE: 21 Feb 04:01 PM

Price Summary

Today's High

₹ 575.05

Today's Low

₹ 528.95

52 Week High

₹ 890

52 Week Low

₹ 154.55

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its 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

5839.82 Cr.

Enterprise Value

5798.19 Cr.

No. of Shares

10.94 Cr.

P/E

50.15

P/B

6.53

Face Value

₹ 10

Div. Yield

0.03 %

Book Value (TTM)

₹  81.66

CASH

90.4 Cr.

DEBT

48.78 Cr.

Promoter Holding

54.71 %

EPS (TTM)

₹  10.64

Sales Growth

44.24%

ROE

19.51 %

ROCE

24.87%

Profit Growth

109.87 %

* 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.
* 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 Year44.24%
3 Year39.78%
5 Year362.95%

Profit Growth

1 Year109.87%
3 Year106.56%
5 Year223.38%

ROE%

1 Year19.51%
3 Year21.3%
5 Year19.3%

ROCE %

1 Year24.87%
3 Year26.09%
5 Year26.37%

Debt/Equity

0.0981

Price to Cash Flow

697.69

Interest Cover Ratio

7.4154

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2024 54.71 0.00
Sep 2024 54.71 0.00
Jun 2024 56.07 0.00
Mar 2024 56.07 0.00
Dec 2023 56.07 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 106.558165736075% for the Past 3 years.
  • The company has shown a good revenue growth of 39.7839124684378% for the Past 3 years.
  • Company has been maintaining healthy ROE of 21.298927868343% over the past 3 years.
  • Company has been maintaining healthy ROCE of 26.0856188320606% over the past 3 years.
  • Company is virtually debt free.
  • Company’s PEG ratio is 0.710962544246868.
  • Company has a healthy liquidity position with current ratio of 3.3539.
  • The company has a high promoter holding of 54.71%.

 Limitations

  • Company has high debtor days of 181.7517.
  • The company is trading at a high EV/EBITDA of 32.5169.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Net Sales 103.88 112.55 122.99 157.38 160.61
Total Expenditure 78.09 85.97 90.19 108.54 112.15
Operating Profit 25.79 26.57 32.81 48.84 48.45
Other Income 1.86 4.48 1.19 2.5 9.41
Interest 3.86 3.52 1.54 2.93 2.25
Depreciation 0.37 0.47 0.65 0.68 0.69
Exceptional Items 0 0 0 0 0
Profit Before Tax 23.43 27.06 31.8 47.73 54.91
Tax 4.75 6.34 7.75 15.81 15.16
Profit After Tax 18.68 20.72 24.06 31.92 39.76
Adjusted EPS (Rs) 1.82 2.02 2.34 2.92 3.63

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 0.2 142.09 285.06 269.06 388.08
Total Expenditure 0.14 129.84 247.42 226.55 296.3
Operating Profit 0.06 12.24 37.64 42.51 91.79
Other Income 0.01 5.25 8.53 12.81 10.63
Interest 0 6.61 5.23 10.48 13.61
Depreciation 0 1.14 1.05 1.19 1.48
Exceptional Items 0 0 -0.21 0 0
Profit Before Tax 0.07 9.74 39.68 43.65 87.32
Tax 0.03 2.12 9.24 11.65 20.17
Net Profit 0.04 7.62 30.44 31.99 67.15
Adjusted EPS (Rs.) 1.16 1.11 3.7 3.84 6.54

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 0.35 68.62 82.31 83.36 102.59
Total Reserves 0 8.9 76.92 107.96 417.52
Borrowings 0 10.35 7.43 11.69 24.84
Other N/C liabilities -0.12 1.65 1.28 -1.28 -2.84
Current liabilities 0.07 81.25 116.95 147.48 129.3
Total Liabilities 0.29 170.76 284.89 349.21 671.41
Assets
Net Block 0 42.41 42.36 42.93 51.54
Capital WIP 0 0 6.67 6.67 130.27
Intangible WIP 0 0 0 0 0
Investments 0 0 0.32 0.32 0.3
Loans & Advances 0.11 0.18 0.79 14.81 55.62
Other N/C Assets 0 0 0 0 0
Current Assets 0.18 128.17 234.75 284.47 433.67
Total Assets 0.29 170.76 284.89 349.21 671.41
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 0.07 9.74 39.68 43.65 87.32
Adjustment -0.01 7.68 -2.43 9.25 -0.8
Changes in Assets & Liabilities -0.01 2.03 -96.8 -32.78 -75.4
Tax Paid -0.01 -2.12 2.09 0.25 -2.75
Operating Cash Flow 0.04 17.33 -57.47 20.37 8.37
Investing Cash Flow 0 -3.23 -7.67 -15.76 -174.41
Financing Cash Flow -0.09 -11.85 68.64 -5.63 248.67
Net Cash Flow -0.05 2.24 3.5 -1.02 82.62

Corporate Actions

Investors Details

PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
promoters 56.07 56.07 56.07 54.71 54.71
jaikaran jaspalsingh chan... 1.50 1.50 1.50 1.08 1.08
jaspalsingh prehladsingh ... 53.06 53.06 53.06 52.48 52.48
trimaan jaspalsingh chand... 1.50 1.50 1.50 1.14 1.14
PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
investors 43.93 43.93 43.93 45.29 45.29
ashish kacholia 2.11 2.14 2.14 1.82 1.73
bengal finance and invest... 2.11 2.11 2.11 1.74 1.60
ebisu global opportunitie... - - - 1.10 1.10
enforcement directorate r... - - - - 4.23
hitesh natwarlal kawa 1.02 1.21 1.21 1.52 1.46
nova global opportunities... - - - 1.10 1.10
shrem investments private... 1.46 1.46 1.46 1.32 1.10
sixteenth street asian ge... 2.44 2.44 2.44 2.28 2.56
caterfield global dmcc 1.85 1.85 1.85 1.73 -
ecotek general trading l.... 1.55 1.55 1.55 1.46 -
zenith multi trading dmcc... 1.11 1.11 1.11 1.04 -
natwarlal keshavjibhai ka... 1.02 1.07 1.07 - -
rathod management consult... 1.12 1.12 1.11 - -
sageone - flagship growth... 1.75 1.64 - - -
rashmi nimesh joshi 1.03 - - - -
vanaja sundar iyer 1.75 - - - -

Ratings & Research Reports

Company Presentations

Company News

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Balu Forge Industrie stock price today is Rs 533.8. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Balu Forge Industrie . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 50.1654010976618 which is high and comparatively overvalued .

  • Share Price: - The current share price of Balu Forge Industrie is Rs 533.8. 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 13.1577 % 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 3.3539 .

  • 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 19.5052 % .(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 Debt to Equity ratio of 0.0981 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Balu Forge Industrie has reported revenue growth of 44.2374 % which is fair 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 23.6509186446391 %.

  • 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 0.15 and the yield is 0.0281 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Balu Forge Industrie is Rs 10.6408 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Balu Forge Industrie in Ticker for free. Also, one can get the intrinsic value of Balu Forge Industrie by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Balu Forge Industrie
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