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Bharat Forge share price

Bharat Forge Ltd.

NSE: BHARATFORG BSE: 500493 SECTOR: Forgings  2.17 L   555   108

1988.45
-2.60 (-0.13%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 2043.9

Today's Low

₹ 1976.2

52 Week High

₹ 2025

52 Week Low

₹ 1100.5

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

95065.53 Cr.

Enterprise Value

98099.56 Cr.

No. of Shares

47.81 Cr.

P/E

116.11

P/B

8.65

Face Value

₹ 2

Div. Yield

0.43 %

Book Value (TTM)

₹  229.84

CASH

928.54 Cr.

DEBT

3962.56 Cr.

Promoter Holding

44.07 %

EPS (TTM)

₹  17.13

Sales Growth

-1.39%

ROE

13.54 %

ROCE

14.83%

Profit Growth

-7.21 %

* 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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Index Presence

The company is present in 43Indices.

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

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Ratios

Sales Growth

1 Year-1.39%
3 Year12.24%
5 Year14.15%

Profit Growth

1 Year-7.21%
3 Year7.05%
5 Year22.8%

ROE%

1 Year13.54%
3 Year15.06%
5 Year13.44%

ROCE %

1 Year14.83%
3 Year15.35%
5 Year13.22%

Debt/Equity

0.3614

Price to Cash Flow

55.88

Interest Cover Ratio

8.2805

CFO/PAT (5 Yr. Avg.)

1.09408095853435

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2026 44.07 0.00
Dec 2025 44.07 0.00
Sep 2025 44.07 0.00
Jun 2025 44.07 0.00
Mar 2025 44.07 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Interest coverage ratio of 8.2805.
  • The Company has been maintaining an effective average operating margins of 24.9069365374768% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of 74.3659 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.09408095853435.

 Limitations

  • The company has shown a poor profit growth of 7.05119147835278% for the Past 3 years.
  • The company has shown a poor revenue growth of 12.2391921900426% for the Past 3 years.
  • The company is trading at a high PE of 116.11.
  • The company is trading at a high EV/EBITDA of 40.1706.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 2163.03 2104.71 1946.86 2083.66 2260.45
Total Expenditure 1546.35 1532.93 1395.81 1517.24 1643.12
Operating Profit 616.68 571.77 551.05 566.42 617.33
Other Income 48.08 42.19 46.46 27.32 28.48
Interest 58.81 52.24 48.29 41.44 40.21
Depreciation 112.21 112.46 111.2 111.99 112.41
Exceptional Items -20.27 0 -7.9 -48.73 -492.96
Profit Before Tax 473.46 449.28 430.14 391.58 0.23
Tax 127.84 110.75 120.21 103.54 117.99
Profit After Tax 345.63 338.52 309.94 288.04 -117.76
Adjusted EPS (Rs) 7.23 7.08 6.48 6.02 -2.46

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

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 3651.51 6254.61 7572.71 8968.63 8843.73
Total Expenditure 2923.89 4587.07 5732.08 6499.89 6417.05
Operating Profit 727.62 1667.54 1840.63 2468.74 2426.68
Other Income 140.46 215.69 220.97 171.38 235.58
Interest 77.92 107.3 212.69 287.41 249.81
Depreciation 366.08 411.79 425.96 442.04 440.37
Exceptional Items -9.18 31.8 -40.21 -15.43 -153.31
Profit Before Tax 414.91 1395.94 1382.75 1895.23 1818.76
Tax 102.81 318.14 337.27 470.27 496.51
Net Profit 312.09 1077.8 1045.47 1424.96 1322.25
Adjusted EPS (Rs.) 6.7 23.15 22.45 30.61 27.66

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 93.13 93.13 93.13 93.13 95.63
Total Reserves 5855.5 7016.65 7606.87 8475.66 10868.64
Borrowings 1760.93 1300.65 1203.18 1282.06 659.42
Other N/C liabilities 458.34 560.08 606.68 532.64 504.93
Current liabilities 2946.66 3870.34 4684.25 4804.17 5131.63
Total Liabilities 11114.55 12840.85 14194.1 15187.65 17260.25
Assets
Net Block 3459.01 3301.12 3237.7 3156.41 3101.18
Capital WIP 269.92 248.01 303.23 376.04 838.13
Intangible WIP 0 0 0 0 0
Investments 1495.57 2000.05 3526.4 3456.12 4780.08
Loans & Advances 431.04 547.4 671 513.49 270.74
Other N/C Assets 223.98 292.72 69.82 82.73 175.38
Current Assets 5235.03 6451.55 6385.95 7602.87 8094.75
Total Assets 11114.55 12840.85 14194.1 15187.65 17260.25
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 414.91 1395.94 1382.75 1895.23 1818.76
Adjustment 295.92 272.23 564.03 600.24 748.68
Changes in Assets & Liabilities 181.82 -1048.1 -763.06 39.68 -340.48
Tax Paid -78.91 -344.63 -395.46 -443.6 -525.8
Operating Cash Flow 813.74 275.45 788.26 2091.56 1701.16
Investing Cash Flow -1129.95 -248.32 -596.03 -807.48 -2840.56
Financing Cash Flow 368.49 74.73 -172.28 -640.51 457.04
Net Cash Flow 52.28 101.86 19.95 643.57 -682.36

Corporate Actions

Investors Details

PARTICULARS Mar 2025% Jun 2025% Sep 2025% Dec 2025% Mar 2026%
promoters 44.07 44.07 44.07 44.07 44.07
aboli investment pvt ltd.... 0.03 0.03 0.03 0.03 0.03
ajinkya investment and tr... 3.13 3.13 3.13 3.13 3.13
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 3.27 3.27 3.27 3.27 3.27
campanula investment & fi... 0.15 0.15 0.15 0.15 0.15
cornflower investment & f... 0.11 0.11 0.11 0.11 0.11
dandakaranya investment &... 0.23 0.23 0.23 0.23 0.23
dronacharya investment an... 0.03 0.03 0.03 0.03 0.03
gaurishankar neelkanth ka... 0.14 0.14 0.14 0.14 0.14
hastinapur investment & t... 0.04 0.04 0.04 0.04 0.04
jannhavi investment pvt. ... 0.98 0.98 0.98 0.98 0.98
kalyani consultants priva... 0.20 0.20 0.20 0.20 0.20
kalyani export & investme... 0.21 0.21 0.21 0.21 0.21
kalyani investment compan... 13.24 13.24 13.24 13.24 13.24
ksl holdings private limi... 9.68 9.68 9.68 9.68 9.68
rajgad trading company pv... 0.28 0.28 0.28 0.28 0.28
rohini gaurishankar kalya... 0.02 0.02 0.02 0.02 0.02
sundaram trading and inve... 11.56 11.56 11.56 11.56 11.56
tangmarg investment and t... 0.19 0.19 0.19 0.19 0.19
wathar investment & tradi... 0.01 0.01 0.01 0.01 0.01
yusmarg investment and tr... 0.39 0.39 0.39 0.39 0.39
PARTICULARS Mar 2025% Jun 2025% Sep 2025% Dec 2025% Mar 2026%
investors 55.93 55.93 55.93 55.93 55.93
aditya birla sun life tru... 1.05 1.02 1.08 1.06 1.25
hdfc mutual fund - hdfc d... - - - 3.95 3.90
icici prudential multicap... - - - - 1.27
investor education and pr... - 0.16 0.16 - 0.18
kotak flexicap fund 4.00 3.71 3.30 3.39 3.18
life insurance corporatio... 4.04 4.95 4.96 4.96 4.46
mirae asset large & midca... 1.68 2.24 2.49 2.77 2.52
motilal oswal nifty india... - - - 1.02 1.06
nippon life india trustee... - - 1.96 2.09 1.41
nps trust- a/c hdfc pensi... - 1.45 1.60 2.32 2.95
sbi large & midcap fund 2.26 2.71 3.02 2.61 2.92
sbi life insurance co. lt... 1.42 1.23 1.72 1.74 1.71
amansa holdings private l... 1.93 1.62 1.62 1.14 -
hdfc life insurance compa... 1.07 1.06 1.05 1.03 -
icici prudential large & ... 1.91 1.82 1.59 2.09 -
investor education and pr... 0.16 - - 0.17 -
dsp midcap fund 1.72 1.30 1.00 - -
hdfc mutual fund - hdfc m... - 2.76 3.71 - -
nippon life india trustee... 2.49 2.41 - - -
government of singapore 2.02 - - - -
hdfc mutual fund - hdfc m... 2.20 - - - -
nps trust - hdfc pension ... 1.27 - - - -

Annual Reports

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Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

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Concalls & Presentations

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Concall Q4FY24
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Concall Q3FY24
Concall Q3FY21
Concall Q2FY25
Concall Q2FY22
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Concall Q1FY23
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Company News

Bharat Forge surges despite reporting 18% fall in Q4FY26 consolidated net profit 8 May, 11:10 AM Bharat Forge - Quaterly Results 8 May, 12:00 AM Bharat Forge reports 18% fall in Q4FY26 consolidated net profit 7 May, 4:15 PM Bharat Forge submits board meeting intimation 30 Apr, 2:16 PM Bharat Forge flags off Advanced Armoured Platforms ‘Vikram VT 21’ 27 Apr, 12:09 PM Bharat Forge informs about press release 27 Apr, 11:17 AM Bharat Forge informs about updates 24 Apr, 5:14 PM Bharat Forge inform about outcome of board meeting 9 Apr, 1:36 PM Bharat Forge informs about notice of postal ballot 23 Mar, 5:01 PM Bharat Forge makes investment in Bharat Forge Global Holding GmbH 12 Mar, 10:38 AM Bharat Forge inaugurates landing gear components machining facility in Pune 11 Mar, 2:17 PM Bharat Forge informs about press release 11 Mar, 9:56 AM Bharat Forge moves up as its arm signs MoU with Garden Reach Shipbuilders & Engineers 6 Mar, 2:54 PM Bharat Forge’s arm signs MoU with Garden Reach Shipbuilders & Engineers 6 Mar, 11:58 AM Bharat Forge signs MoU with VVDN Technologies 18 Feb, 4:29 PM Bharat Forge informs about analyst meetings 13 Feb, 5:03 PM Bharat Forge inches up on reporting 24% rise in Q3 consolidated net profit 13 Feb, 9:45 AM Bharat Forge reports 24% rise in Q3 consolidated net profit 12 Feb, 3:43 PM Bharat Forge informs about securities subscription agreement 2 Feb, 5:29 PM Bharat Forge informs about investment in WOS 30 Jan, 11:20 AM Bharat Forge rises as its Aerospace Division secures contracts worth Rs 300 crore 16 Jan, 3:08 PM Bharat Forge’s Aerospace Division secures contracts worth Rs 300 crore 16 Jan, 3:00 PM Bharat Forge inches up on signing MoU with Agile Robots S.E 9 Jan, 9:55 AM Bharat Forge, Agile Robots S.E sign MoU 9 Jan, 9:30 AM Bharat Forge rises on bagging contract worth Rs 1,661.9 crore 31 Dec, 9:32 AM Bharat Forge bags contract worth Rs 1,661.9 crore 31 Dec, 9:09 AM Bharat Forge - Quaterly Results 12 Nov, 12:00 AM Bharat Forge’s arm signs agreement with MP3 International 12 Sep, 11:00 AM Bharat Forge’s arm to purchase land in Andhra Pradesh 5 Sep, 10:23 AM Bharat Forge informs about newspaper publications 7 Aug, 5:31 PM Bharat Forge enters into BTA to transfer defence business to KSSL 7 Aug, 10:11 AM Bharat Forge - Quaterly Results 6 Aug, 1:22 PM Bharat Forge - Quaterly Results 6 Aug, 1:22 PM Bharat Forge - Quaterly Results 6 Aug, 1:22 PM Bharat Forge planning to establish advanced ring mill for aerospace applications 31 Jul, 9:15 AM Bharat Forge’s arm incorporates joint venture in Spain 18 Jul, 10:30 AM Bharat Forge informs about newspaper publication 16 Jul, 4:07 PM Bharat Forge’s arm incorporates wholly-owned subsidiary 3 Jul, 5:19 PM Bharat Forge completes acquisition of AAM India Manufacturing 2 Jul, 4:13 PM Bharat Forge signs MoU with Turgis Gaillard 18 Jun, 9:41 AM Bharat Forge reports 24% rise in Q4 consolidated net profit 9 May, 11:17 AM Bharat Forge - Quaterly Results 8 May, 2:07 PM Bharat Forge - Quaterly Results 8 May, 2:07 PM Bharat Forge - Quaterly Results 8 May, 2:07 PM Bharat Forge gets CCI’s nod to acquire AAM India Manufacturing Corporation 23 Apr, 10:22 AM Bharat Forge informs about certificate 4 Apr, 12:44 PM Bharat Forge informs about updates 1 Apr, 11:12 AM Bharat Forge’s arm enters into JV agreement with DUMA 27 Mar, 6:45 PM Bharat Forge inks contract with Ministry of Defence for supply of artillery systems 27 Mar, 2:29 PM Bharat Forge’s arm inks technology licensing agreement with Compal Electronics 6 Mar, 2:07 PM

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 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. 

Bharat Forge stock price today is Rs 1989.7. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Bharat Forge . 

  • 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). Bharat Forge has a PE ratio of 116.184825959253 which is high and comparatively overvalued .

  • Share Price: - The current share price of Bharat Forge is Rs 1989.7. 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 8.15 % 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 1.5774 .

  • 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 13.5386 % .(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 Debt to Equity ratio of 0.3614 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Bharat Forge has reported revenue growth of -1.3927 % 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 Bharat Forge for the current financial year is 27.4395306052989 %.

  • 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 8.5 and the yield is 0.4266 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Bharat Forge is Rs 17.1253 . The higher the EPS, the better it is for investors. 

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

Bharat Forge Share Price News

Latest updates on Bharat Forge share price and stock news.

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Brief about Bharat Forge

Bharat Forge Share Price, Stock Analysis & Company Profile

Bharat Forge is a leading Indian multinational company specialising in metal forging and engineering, serving industries such as automotive, defence, aerospace, and industrial sectors. Known for its advanced manufacturing capabilities and global presence, the company is a key player in the forgings industry.

Stay updated with broader market movements and benchmark Bharat Forge against industry trends. Check the latest stock market insights here.

This page serves as a comprehensive resource for investors to track the Bharat Forge share price on the NSE and BSE, along with essential data required for a detailed stock analysis.

About Bharat Forge

Founded in 1961 and headquartered in Pune, Maharashtra, Bharat Forge is part of the Kalyani Group and has established itself as one of the largest forging companies globally. The company has a strong reputation for precision engineering and high-performance components.

Bharat Forge operates across multiple sectors, including automotive, oil and gas, construction, railways, defence, and aerospace. It has a global footprint with manufacturing facilities in India, Europe, and North America, allowing it to serve leading OEMs worldwide. Its focus on innovation, technology, and diversification into high-margin segments supports long-term growth.

Bharat Forge Business Model

Bharat Forge operates through a diversified engineering and manufacturing model:

  • Automotive Segment: The company supplies forged and machined components to global automotive manufacturers, covering both commercial vehicles and passenger vehicles.
     
  • Industrial Segment: Bharat Forge caters to industries such as oil and gas, construction, mining, and railways, providing critical engineered components.
     
  • Defence & Aerospace: The company is expanding in defence manufacturing, supplying artillery systems, armoured vehicles, and aerospace components, benefiting from India’s indigenisation push.
     
  • International Operations: With subsidiaries across key global markets, Bharat Forge generates significant revenue from exports, reducing dependency on domestic demand cycles.
     
  • Technology & Innovation: The company invests in advanced technologies such as lightweight materials, electric mobility components, and precision engineering solutions.

Bharat Forge Listing and IPO Details

Bharat Forge is listed on major Indian stock exchanges and is widely tracked among engineering and capital goods sector stocks.

  • NSE Symbol: BHARATFORG
     
  • BSE Scrip Code: 500493
     
  • Face Value: Rs 2 per share
     
  • ISIN: INE465A01025

Sector Status: 

Bharat Forge operates within the forgings sector and is often analysed for its global exposure, diversification into defence, and cyclical demand trends.

Interested in tracking sector-wise opportunities within the forgings sector and identifying similar companies; review detailed sector insights here

Interested in upcoming engineering and manufacturing IPOs and new investment opportunities; review the latest IPO listings and details here.

Bharat Forge Corporate Action History

Bharat Forge has maintained a balanced approach towards capital allocation, focusing on growth and shareholder returns.

Stock Split History

The company has undertaken stock splits in the past to improve liquidity but has maintained stability in recent years.

Dividend History

Bharat Forge has a consistent dividend payout record, reflecting stable cash flows.

  • FY 2023-24: Declared a steady dividend supported by improved operational performance.
     
  • FY 2022-23: Maintained dividend payouts despite cyclical industry conditions.

Note: Dividend decisions depend on profitability, capital expenditure plans, and market conditions.

Investor Resources Available on This Page

On this page, investors can access key financial and operational data for a structured Bharat Forge stock analysis:

  • Price Chart: Track the latest trends and historical performance of the Bharat Forge share price.
     
  • Company Ratios: Evaluate important metrics such as Return on Equity (ROE), EBITDA margins, and revenue growth.
    Want to compare Bharat Forge with other engineering and capital goods companies using key financial metrics, filter and analyse stocks using the advanced screener tool.
     
  • Quarterly Results: Analyse revenue growth, margin trends, and segment performance across automotive and industrial businesses.
     
  • Balance Sheet & Cash Flow: Review financial strength, debt levels, and capital expenditure trends.
     
  • Shareholding Pattern: Track promoter holdings, institutional participation, and foreign investor interest.
     
  • Pros & Cons: Quick insights into strengths such as global diversification and defence expansion versus risks like cyclical demand and commodity price volatility.
    Looking for ready-made stock portfolios based on expert strategies, discover curated investment bundles tailored to different goals.
     
  • Annual Reports: Download official annual reports and investor disclosures directly from the Reports Section on this page.

Build a deeper understanding of investing strategies and stock evaluation techniques, access curated investor resources and insights here.

Frequently Asked Questions

Q1. What is the latest Bharat Forge share price?
The current share price is displayed at the top of this page. Data from NSE and BSE may be delayed by up to 15 minutes.

Q2. What does Bharat Forge do?
Bharat Forge is an engineering company that manufactures forged and machined components for automotive, industrial, defence, and aerospace sectors.

Q3. Does Bharat Forge pay dividends?
Yes, the company has a consistent dividend payout record, supported by stable earnings and cash flows.

Q4. What is the face value of Bharat Forge shares?
The face value of each equity share is Rs 2.

Q5. Is Bharat Forge a good long-term investment?
Bharat Forge is considered a strong player in the forgings and engineering sector with growth potential driven by global diversification and defence expansion, but it carries cyclical risks.

Q6. Where can I find the latest Bharat Forge Annual Report?
You can access the latest annual reports and financial disclosures from the Reports or Documents section available on this page.

Q7. What are the key growth drivers for Bharat Forge?
Key growth drivers include expansion in defence and aerospace, global demand recovery, and increasing focus on high-value engineering solutions.

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