Ticker >

Bharat Forge share price

Bharat Forge Ltd.

NSE: BHARATFORG BSE: 500493 SECTOR: Forgings  95k   418   75

1120.30
-0.85 (-0.08%)
BSE: Today, 09:09 AM

Price Summary

Today's High

₹ 1120.3

Today's Low

₹ 1120.3

52 Week High

₹ 1330

52 Week Low

₹ 744

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
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

52159.89 Cr.

Enterprise Value

56158.44 Cr.

No. of Shares

46.56 Cr.

P/E

40.76

P/B

6.11

Face Value

₹ 2

Div. Yield

0.63 %

Book Value (TTM)

₹  183.33

CASH

402.37 Cr.

DEBT

4400.92 Cr.

Promoter Holding

45.25 %

EPS (TTM)

₹  27.49

Sales Growth

21.07%

ROE

14.12 %

ROCE

13.81%

Profit Growth

-3 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Index Presence

The company is present in 31 Indices.

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 Year21.07%
3 Year18.39%
5 Year7.33%

Profit Growth

1 Year-3%
3 Year30.21%
5 Year8.13%

ROE%

1 Year14.12%
3 Year12.05%
5 Year13.27%

ROCE %

1 Year13.81%
3 Year11.28%
5 Year12.88%

Debt/Equity

0.5715

Price to Cash Flow

66.17

Interest Cover Ratio

7.50126240661247

CFO/PAT (5 Yr. Avg.)

1.01771734258453

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 45.25 7.12
Sep 2023 45.25 7.12
Jun 2023 45.25 7.12
Mar 2023 45.25 7.12
Dec 2022 45.25 7.12
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 30.2145535165434% for the Past 3 years.
  • The company has shown a good revenue growth of 18.3872360247995% for the Past 3 years.
  • The Company has been maintaining an effective average operating margins of 24.2691583234276% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of 72.0628200269351 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.01771734258453.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 1952.1 1997.28 2127.29 2249.39 2263.38
Total Expenditure 1417.02 1509.35 1578.62 1642.59 1600.22
Operating Profit 535.08 487.94 548.67 606.8 663.16
Other Income 37.75 39.08 47.23 42.38 34.55
Interest 84.85 65.76 70.52 72.63 80.89
Depreciation 107.91 105.06 108.87 112.85 112.42
Exceptional Items 4.28 -40.84 0 -2.1 0
Profit Before Tax 384.35 315.35 416.51 461.6 504.41
Tax 95.17 70.83 105 115.61 126.6
Profit After Tax 289.18 244.52 311.5 345.99 377.81
Adjusted EPS (Rs) 6.21 5.25 6.69 7.43 8.11

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 6519.99 4563.88 3651.51 6254.61 7572.71
Total Expenditure 4643.91 3548.37 2923.89 4587.07 5732.08
Operating Profit 1876.09 1015.52 727.62 1667.54 1840.63
Other Income 196.03 160.89 140.46 215.69 220.97
Interest 102.41 145.03 77.92 107.3 212.69
Depreciation 346.63 344.87 366.08 411.79 425.96
Exceptional Items 0 -93.91 -9.18 31.8 -40.21
Profit Before Tax 1623.08 592.59 414.91 1395.94 1382.75
Tax 551.8 119.08 102.81 318.14 337.27
Net Profit 1071.28 473.52 312.09 1077.8 1045.47
Adjusted EPS (Rs.) 23.01 10.17 6.7 23.15 22.45

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 93.13 93.13 93.13 93.13 93.13
Total Reserves 5305.09 5261.94 5855.5 7016.65 7606.87
Borrowings 1418.16 1562.56 1760.93 1300.65 1203.18
Other N/C liabilities 295.41 228.51 458.34 560.08 606.68
Current liabilities 2827.27 2571.31 2946.66 3870.34 4684.25
Total Liabilities 9939.06 9717.44 11114.55 12840.85 14194.1
Assets
Net Block 2633.88 2807.77 3459.01 3301.12 3237.7
Capital WIP 712.62 894.53 269.92 248.01 303.23
Intangible WIP 0 0 0 0 0
Investments 1651.6 1290.1 1495.57 2000.05 3526.4
Loans & Advances 319.05 354.7 431.04 547.4 671
Other N/C Assets 214.58 107.47 223.98 292.72 69.82
Current Assets 4407.34 4262.87 5235.03 6451.55 6385.95
Total Assets 9939.06 9717.44 11114.55 12840.85 14194.1
* 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 1623.08 592.59 414.91 1395.94 1382.75
Adjustment 319.07 574.65 295.92 272.23 564.03
Changes in Assets & Liabilities -617.2 428.67 181.82 -1048.1 -763.06
Tax Paid -528.37 -219.25 -78.91 -344.63 -395.46
Operating Cash Flow 796.58 1376.66 813.74 275.45 788.26
Investing Cash Flow -1001.83 -729.34 -1129.95 -248.32 -596.03
Financing Cash Flow 298.73 -619.74 368.49 74.73 -172.28
Net Cash Flow 93.49 27.58 52.28 101.86 19.95

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 45.25 45.25 45.25 45.25 45.25
aboli investment pvt ltd - - - - 0.03
ajinkya investment and tr... 3.22 3.22 3.22 3.22 3.22
amit babasaheb kalyani 0.15 0.15 0.15 0.15 0.15
babasaheb neelkanth kalya... 0.02 0.02 0.02 0.02 0.02
bf investment limited 3.35 3.35 3.35 3.35 3.35
campanula investment & fi... 0.16 0.16 0.16 0.16 0.16
cornflower investment & f... 0.11 0.11 0.11 0.11 0.11
dandakaranya investment &... 0.24 0.24 0.24 0.24 0.24
dronacharya investment an... 0.03 0.03 0.03 0.03 0.03
gaurishankar neelkanth ka... 0.15 0.15 0.15 0.15 0.15
hastinapur investment & t... 0.04 0.04 0.04 0.04 0.04
jannhavi investment pvt. ... 1.01 1.01 1.01 1.01 1.01
kalyani consultants priva... 0.20 0.20 0.20 0.20 0.20
kalyani exports & investm... - - - - 0.22
kalyani investment compan... 13.60 13.60 13.60 13.60 13.60
ksl holdings private limi... 9.94 9.94 9.94 9.94 9.94
rajgad trading co.pvt.ltd... - - - - 0.29
rohini gaurishankar kalya... 0.02 0.02 0.02 0.02 0.02
sundaram trading and inve... 11.86 11.86 11.86 11.86 11.86
tangmarg investment and t... 0.19 0.19 0.19 0.19 0.19
wathar investment & tradi... - - - - 0.01
yusmarg investment and tr... 0.40 0.40 0.40 0.40 0.40
aboli investment pvt ltd.... 0.03 0.03 0.03 0.03 -
kalyani export & investme... 0.22 0.22 0.22 0.22 -
rajgad trading company pv... 0.29 0.29 0.29 0.29 -
wathar investment & tradi... 0.01 0.01 0.01 0.01 -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 54.75 54.75 54.75 54.75 54.75
aditya birla sun life tru... 1.75 1.94 2.00 1.63 1.36
amansa holdings private l... 3.17 2.87 2.87 2.87 2.68
dsp midcap fund 2.22 2.17 2.24 2.50 2.43
hdfc life insurance compa... 1.37 1.36 1.22 1.07 1.03
icici prudential large & ... - - - 1.14 1.71
investor education and pr... - - - - 0.14
kotak emerging equity sch... - - 5.44 5.57 5.54
life insurance corporatio... - - 1.28 1.44 1.13
mirae asset large & midca... - - - - 1.92
nippon life india trustee... - - - - 1.29
nps trust- a/c hdfc pensi... - - - 2.19 2.34
sbi life insurance co. lt... 1.12 1.31 1.40 1.17 1.15
sbi magnum midcap fund - 1.29 1.67 1.71 1.69
uti-mid cap fund 1.31 1.15 1.16 - 1.04
investor education and pr... 0.12 0.12 0.12 0.14 -
llp 0.02 0.02 - 0.02 -
mirae asset emerging blue... 3.05 3.13 3.41 2.59 -
nps trust- a/c sbi pensio... 1.33 1.70 2.11 - -
kotak flexicap fund 4.52 4.97 - - -
government of singapore 1.27 - - - -
sbi flexicap fund 1.23 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Bharat Forge reports over 3-fold jump in Q3 consolidated net profit12 Feb 2024, 3:52PM Bharat Forge - Quaterly Results12 Feb 2024, 1:56PM Bharat Forge - Quaterly Results12 Feb 2024, 1:56PM Bharat Forge - Quaterly Results12 Feb 2024, 1:56PM Bharat Forge infuses funds in Bharat Forge America10 Feb 2024, 11:59AM Bharat Forge submits analyst meet intimation9 Feb 2024, 1:08PM Bharat Forge to make additional investment in Kalyani Powertrain30 Jan 2024, 9:40AM Bharat Forge informs about loss of share certificate 22 Jan 2024, 11:02AM Bharat Forge informs about issuance of letter of confirmation15 Jan 2024, 12:48PM Bharat Forge informs about loss of share certificates15 Jan 2024, 12:42PM Bharat Forge to invest up to Rs 1,000 crore in Tamil Nadu9 Jan 2024, 12:10PM Bharat Forge informs about loss of share certificate 5 Jan 2024, 11:43AM Bharat Forge informs about loss of share certificates 1 Jan 2024, 12:16PM Bharat Forge informs about credit rating23 Dec 2023, 10:47AM Bharat Forge informs about loss of share certificates22 Dec 2023, 2:24PM Bharat Forge informs about loss of share certificates21 Dec 2023, 10:42AM Bharat Forge submits newspaper notice16 Dec 2023, 2:14PM Bharat Forge informs about disclsoure14 Dec 2023, 5:14PM Bharat Forge’s arm signs agreement to acquire 51% stake in Zorya Mashproekt India 8 Dec 2023, 9:54AM Bharat Forge informs about loss of share certificate 4 Dec 2023, 10:14AM Bharat Forge informs about strike-off of BF premier energy systems 28 Nov 2023, 11:38AM Bharat Forge informs about loss of share certificates22 Nov 2023, 2:19PM Bharat Forge informs about investor meet 21 Nov 2023, 9:57AM Bharat Forge informs about outcome of board meeting6 Nov 2023, 4:48PM Bharat Forge reports 52% rise in Q2 consolidated net profit6 Nov 2023, 3:27PM Bharat Forge informs about financial results 6 Nov 2023, 2:44PM Bharat Forge informs about earnings update6 Nov 2023, 2:13PM Bharat Forge - Quaterly Results6 Nov 2023, 12:28PM Bharat Forge - Quaterly Results6 Nov 2023, 12:28PM Bharat Forge - Quaterly Results6 Nov 2023, 12:28PM Bharat Forge gets nod to invest upto Rs 33 crore in Kalyani Powertrain2 Nov 2023, 11:49AM Bharat Forge informs about loss of share certificate18 Oct 2023, 3:11PM Bharat Forge informs about loss share certificate 17 Oct 2023, 2:25PM Bharat Forge informs about details of loss of certificate26 Sep 2023, 4:45PM Bharat Forge informs about loss of share certificate26 Sep 2023, 12:21PM Bharat Forge gets nod to make additional investment in Kalyani Powertrain15 Sep 2023, 9:27AM Bharat Forge informs about loss of share certificate11 Sep 2023, 2:16PM Bharat Forge informs about change in directorate1 Sep 2023, 4:13PM Bharat Forge’s arm’s JV bags order worth Rs 287.51 crore28 Aug 2023, 2:40PM Bharat Forge informs about press release21 Aug 2023, 2:29PM Bharat Forge’s arm bags two export orders worth around Rs 850 crore21 Aug 2023, 12:00PM Bharat Forge informs about loss of share certificate21 Aug 2023, 11:58AM Bharat Forge gets nod to further invest in Kalyani Powertrain 9 Aug 2023, 2:39PM Bharat Forge - Quaterly Results9 Aug 2023, 12:59PM Bharat Forge - Quaterly Results9 Aug 2023, 12:59PM Bharat Forge - Quaterly Results9 Aug 2023, 12:59PM Bharat Forge informs about issuance of letters of confirmation7 Aug 2023, 2:24PM Bharat Forge informs about loss of share certificate20 Jul 2023, 10:33AM Bharat Forge informs about loss of share certificate14 Jul 2023, 10:48AM Bharat Forge informs about loss of share certificate10 Jul 2023, 12:02PM

Bharat Forge Stock Price Analysis and Quick Research Report. Is Bharat Forge 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). Bharat Forge has a PE ratio of 40.8373744465827 which is high and comparatively overvalued .

  • Share Price: - The current share price of Bharat Forge is Rs 1122.55. One can use valuation calculators of ticker to know if Bharat Forge 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. Bharat Forge has ROA of 7.73423916312194 % 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. Bharat Forge has a Current ratio of 1.36328221733777 .

  • 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. Bharat Forge has a ROE of 14.1187201193592 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bharat Forge has a D/E ratio of 0.5715 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. Bharat Forge has an Inventory turnover ratio of 6.4424689702855 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Bharat Forge has reported revenue growth of 21.0740490377341 % 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 Bharat Forge for the current financial year is 24.3061402572817 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bharat Forge is Rs 7 and the yield is 0.625 %.

Last Updated on:
Brief about Bharat Forge

Bharat Forge Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Welcome to our comprehensive stock analysis page for Bharat Forge Ltd., one of the leading companies in the Indian manufacturing industry. As a long-term stock investor, it is crucial to have access to relevant information and analysis that can assist you in making informed investment decisions.

Bharat Forge Ltd. Share Price Analysis

Understanding the historical trends of a company's share price is essential for long-term investors. At our platform, we provide detailed insights into Bharat Forge Ltd.'s share price, enabling you to track the market sentiment over different time periods. Our pre-built screening tools allow you to analyze trends and patterns accurately, eliminating any biases and making well-informed investment decisions.

Bharat Forge Ltd. Balance Sheet Evaluation

Assessing a company's financial health and stability is crucial for long-term investors. With our pre-built screening tools, you can evaluate key financial metrics for Bharat Forge Ltd., such as the Debt-Equity Ratio and Liquidity Ratio. These tools enable you to calculate and analyze these ratios, providing you with valuable insights into the company's financial position, growth potential, and long-term viability.

Bharat Forge Ltd. Annual Reports

Annual reports provide a wealth of information about a company's performance and potential. On our website, you can find downloadable PDF files of Bharat Forge Ltd.'s annual reports. These reports, in conjunction with our expert reviews and analysis, offer valuable insights into the company's business strategy, competitive landscape, and management outlook. By studying these comprehensive reports, you can gain a deeper understanding of Bharat Forge Ltd.'s prospects and potential, aiding you in making well-informed investment decisions.

Bharat Forge Ltd. Dividend Analysis

Analyzing a company's dividend payouts is crucial for evaluating its financial stability and potential returns. At our stock analysis page, we provide access to Bharat Forge Ltd.'s dividend history, enabling you to evaluate the company's profitability. By utilizing our pre-built screening tools, you can assess the company's financial stability and growth potential accurately, ensuring that your investment aligns with your long-term goals.

Bharat Forge Ltd. Quarterly Results Review

Monitoring a company's short-term performance and growth prospects is crucial for long-term investors. On our website, you can find downloadable PDF files of Bharat Forge Ltd.'s quarterly results. These reports allow you to evaluate the company's recent performance and identify trends. By utilizing our analysis tools, you can identify potential buying and selling opportunities based on your findings, ensuring that your investment strategy is well-aligned with the company's financial performance.

Bharat Forge Ltd. Stock Price Trends

Analyzing stock price trends is instrumental in understanding a company's growth potential and viability. Our platform offers pre-built screening tools that allow you to track the price trends of Bharat Forge Ltd., providing you with insights into market sentiment. These tools are presented through price charts, which assist in identifying both short-term and long-term patterns, supporting your investment strategy formulation.

Bharat Forge Ltd. News Updates

Keeping yourself informed about the latest developments and news regarding Bharat Forge Ltd. is essential for long-term investors. Our website provides access to comprehensive information about the company, sourced from reliable channels. By studying these articles, in conjunction with our analytical tools, you can gain insights into the company's trends and outlook. Staying up-to-date with the latest news updates is crucial for making informed investment decisions.

Bharat Forge Ltd. Conference Calls

Conference calls conducted by companies provide valuable insights into their operations, financial performance, and future plans. Investors looking for a deeper understanding of Bharat Forge Ltd.'s growth potential can access these conference calls and their recordings on our website. By listening to these calls, you can gain insights into potential growth opportunities, helping you make well-informed decisions about your long-term investments.

Bharat Forge Ltd. Transcripts

Transcripts offer a comprehensive record of essential discussions that take place during conference calls. On our website, you can find downloadable transcripts that capture in-depth analyses of Bharat Forge Ltd.'s operating results, financial performance, future plans, and market trends. Reviewing these transcripts provides you with valuable insights into the company's strategies, financial positions, and long-term potential, empowering you to make informed investment decisions.

Bharat Forge Ltd. Investor Presentations

Investor presentations offer detailed information about a company's financial performance, strategic initiatives, and future plans. At our platform, you can access Bharat Forge Ltd.'s investor presentations, which are complemented by our premium feature tools. These tools include DCF Analysis, BVPS Analysis, Earnings Multiple Approach, and DuPont Analysis. By utilizing these tools, you can conduct comprehensive stock analysis and make well-informed decisions about your investments.

Bharat Forge Ltd. Promoters and Shareholders

Evaluating the ownership structure of Bharat Forge Ltd. is crucial for understanding the company's strength, growth potential, and long-term viability. Our pre-built screening tools allow you to assess promoter holdings and analyze the company's shareholder base. This analysis provides you with insights into the stability and growth potential of Bharat Forge Ltd., helping you make well-informed investment decisions based on available information.

Read More
X