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Balu Forge Industrie share price

Balu Forge Industries Ltd.

NSE: BALUFORGE BSE: 531112 SECTOR: Engineering - Industrial Equipments  83k   170   19

759.50
+10.65 (1.42%)
BSE: Today, 04:00 PM

Price Summary

Today's High

₹ 765

Today's Low

₹ 712.35

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

8312.11 Cr.

Enterprise Value

8270.49 Cr.

No. of Shares

10.94 Cr.

P/E

87.15

P/B

9.73

Face Value

₹ 10

Div. Yield

0.02 %

Book Value (TTM)

₹  78.03

CASH

90.4 Cr.

DEBT

48.78 Cr.

Promoter Holding

54.71 %

EPS (TTM)

₹  8.71

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

993.06

Interest Cover Ratio

7.4154

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 54.71 0.00
Jun 2024 56.07 0.00
Mar 2024 56.07 0.00
Dec 2023 56.07 0.00
Sep 2023 57.47 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 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 56.5014.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 102.03 103.88 112.55 122.99 157.38
Total Expenditure 77.96 78.09 85.97 90.19 108.54
Operating Profit 24.07 25.79 26.57 32.81 48.84
Other Income 4.15 1.86 4.48 1.19 2.5
Interest 3.76 3.86 3.52 1.54 2.93
Depreciation 0.32 0.37 0.47 0.65 0.68
Exceptional Items 0 0 0 0 0
Profit Before Tax 24.13 23.43 27.06 31.8 47.73
Tax 6.69 4.75 6.34 7.75 15.81
Profit After Tax 17.44 18.68 20.72 24.06 31.92
Adjusted EPS (Rs) 1.74 1.82 2.02 2.34 2.92

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 Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 57.47 56.07 56.07 56.07 54.71
jaikaran jaspalsingh chan... 1.54 1.50 1.50 1.50 1.08
jaspalsingh prehladsingh ... 54.39 53.06 53.06 53.06 52.48
trimaan jaspalsingh chand... 1.54 1.50 1.50 1.50 1.14
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 42.53 43.93 43.93 43.93 45.29
ashish kacholia 2.16 2.11 2.14 2.14 1.82
bengal finance and invest... 2.16 2.11 2.11 2.11 1.74
caterfield global dmcc 1.89 1.85 1.85 1.85 1.73
ebisu global opportunitie... - - - - 1.10
ecotek general trading l.... 1.59 1.55 1.55 1.55 1.46
hitesh natwarlal kawa 1.04 1.02 1.21 1.21 1.52
nova global opportunities... - - - - 1.10
shrem investments private... 1.50 1.46 1.46 1.46 1.32
sixteenth street asian ge... - 2.44 2.44 2.44 2.28
zenith multi trading dmcc... 1.13 1.11 1.11 1.11 1.04
natwarlal keshavjibhai ka... 1.05 1.02 1.07 1.07 -
rathod management consult... 1.15 1.12 1.12 1.11 -
sageone - flagship growth... 1.80 1.75 1.64 - -
rashmi nimesh joshi 1.07 1.03 - - -
vanaja sundar iyer 1.80 1.75 - - -

Ratings & Research Reports

Company Presentations

Company News

Balu Forge Industries informs about investor presentation 24 Oct, 5:29 PM Balu Forge Industries informs about monitoring agency report 22 Oct, 9:45 AM Balu Forge Industrie - Quaterly Results 21 Oct, 7:51 PM Balu Forge Industrie - Quaterly Results 21 Oct, 7:51 PM Balu Forge Industries acquires 7 Axis CNC machines 24 Sep, 2:57 PM Balu Forge Industries informs about newspaper publication 3 Aug, 3:17 PM Balu Forge Industrie - Quaterly Results 30 Jul, 2:57 PM Balu Forge Industrie - Quaterly Results 30 Jul, 2:57 PM Balu Forge Industrie - Quaterly Results 30 Jul, 2:57 PM Balu Forge Industries informs about confirmation certificate 8 Jul, 5:21 PM Balu Forge Industries acquires three forging lines of heavy forged products 21 May, 2:42 PM Balu Forge Industrie - Quaterly Results 14 May, 9:45 PM Balu Forge Industrie - Quaterly Results 14 May, 9:45 PM Balu Forge Industries submits compliances-certificate 19 Apr, 4:10 PM Balu Forge Industries informs about details of loss of certificate 16 Mar, 4:27 PM Balu Forge Industrie - Quaterly Results 3 Feb, 3:54 PM Balu Forge Industrie - Quaterly Results 3 Feb, 3:54 PM Balu Forge Industrie - Quaterly Results 3 Feb, 3:54 PM Balu Forge Industrie - Quaterly Results 31 Oct, 7:44 PM Balu Forge Industrie - Quaterly Results 31 Oct, 7:44 PM Balu Forge Industries informs about allotment of equity shares 7 Oct, 3:57 PM Balu Forge Industries informs about press release 16 Aug, 4:12 PM Balu Forge Industrie - Quaterly Results 11 Aug, 6:53 PM Balu Forge Industrie - Quaterly Results 11 Aug, 6:53 PM Balu Forge Industries informs about outcome of EGM 14 Jul, 1:01 PM Balu Forge Industries informs about EGM 6 Jul, 5:13 PM Balu Forge Industrie - Quaterly Results 9 May, 8:01 PM Balu Forge Industrie - Quaterly Results 9 May, 8:01 PM Balu Forge Industries informs about disclosure 24 Mar, 2:29 PM Balu Forge Industries secures major trial order to supply Powertrain sub-assemblies 15 Mar, 9:45 AM Balu Forge Industries to set up manufacturing facility in Belgaum 15 Feb, 4:58 PM Balu Forge Industrie - Quaterly Results 14 Feb, 6:37 PM Balu Forge Industrie - Quaterly Results 14 Feb, 6:37 PM Balu Forge Industrie - Quaterly Results 14 Nov, 8:01 PM Balu Forge Industrie - Quaterly Results 14 Nov, 8:01 PM Balu Forge Industries informs about press release 11 Aug, 4:48 PM Balu Forge Industrie - Quaterly Results 9 Aug, 8:44 PM Balu Forge Industrie - Quaterly Results 9 Aug, 8:44 PM Balu Forge Industrie - Quaterly Results 24 May, 7:42 PM Balu Forge Industrie - Quaterly Results 24 May, 7:42 PM Balu Forge Industries gets nod for commencement of new business line 15 Feb, 9:29 AM Balu Forge Industrie - Quaterly Results 14 Feb, 4:27 PM Balu Forge Industrie - Quaterly Results 14 Feb, 4:27 PM Balu Forge Industrie - Quaterly Results 14 Feb, 4:27 PM Balu Forge Industries acquires Mercedes Benz truck precision machining factory from Mannheim 18 Jan, 4:55 PM Balu Forge Industries informs about outcome of board meeting 2 Nov, 4:29 PM Balu Forge Industrie - Quaterly Results 2 Nov, 1:30 PM Balu Forge Industries board declares interim dividend 2 Nov, 12:52 PM Balu Forge Industries informs about board meeting 26 Oct, 12:02 PM Balu Forge Industries informs about board meeting 26 Oct, 9:54 AM

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 759.9. 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 87.1964933217056 which is high and comparatively overvalued .

  • Share Price: - The current share price of Balu Forge Industrie is Rs 759.9. 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 0.0199 %.

  • 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 8.7148 . 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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