Bharat Forge Ltd (BHARATFORG)
· Castings, Forgings & Fasteners · NSE · Updated 1 October 2026
₹1,922.9↑ 57.78% (1Y)
🎯 Key Takeaways
- Revenue grew 2.5% QoQ to ₹4,640 in Q1FY27.
- Market Cap
- ₹91,932
- P/E Ratio
- 130.2
- P/B Ratio
- 9.60
- ROE
- 7.4%
- ROCE
- 9.9%
- Debt/Equity
- 0.72
- Div Yield
- 0.44%
- Promoter
- 44.1%
📊 Quarterly Results (₹ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 4,032 | 4,343 | 4,528 | 4,640 |
| Operating Profit | 485 | 501 | 523 | 446 |
| OPM % | 12.0% | 11.5% | 11.6% | 9.6% |
| Net Profit | 299 | 273 | 233 | -90 |
| EPS | ₹6.26 | ₹5.53 | ₹4.86 | ₹-1.88 |
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 96 | 93 | 96 | 96 |
| Reserves | 9,158 | 7,184 | 9,483 | 9,265 |
| Borrowings | 6,698 | 7,740 | 6,875 | 6,658 |
| Total Liabilities | 20,088 | 18,993 | 22,260 | 20,728 |
| Fixed Assets | 6,323 | 5,793 | 8,234 | 6,784 |
| Investments | 2,063 | 1,699 | 1,767 | 1,731 |
| Total Assets | 20,088 | 18,993 | 22,260 | 20,728 |
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2026 |
|---|---|
| Operating | +1,487 |
| Investing | -1,033 |
| Financing | -442 |
| Net Cash Flow | +12 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 44.1% | 44.1% | 44.1% | 44.1% |
| FII | 13.6% | 12.4% | 14.2% | 15.0% |
| DII | 32.3% | 34.2% | 32.8% | 32.3% |
| Public | 7.8% | 7.3% | 7.2% | 6.8% |
| # Shareholders | 2,49,520 | 2,27,160 | 2,28,156 | 2,32,361 |
⚖️ Peer Comparison — Castings, Forgings & Fasteners
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| BHARATFORG | 91,932 | 130.2 | 9.9% | — | 0.72 |
| AIAENG | 36,031 | 28.4 | 22.0% | — | 0.07 |
| PTCIL | 33,273 | 264.9 | 11.4% | — | 0.04 |
| HAPPYFORGE | 19,499 | 59.5 | 18.2% | — | 0.15 |
| CIEINDIA | 14,645 | 16.2 | 15.4% | — | 0.05 |
| RKFORGE | 12,780 | 119.1 | 6.3% | — | 0.72 |
| KENNAMET | 9,090 | 77.6 | 23.8% | — | 0.00 |
| BALUFORGE | 5,949 | 20.4 | 33.6% | — | 0.04 |
| ELECTCAST | 4,591 | 37.9 | 4.0% | — | 0.26 |
| STEELCAS | 3,824 | 42.2 | 30.9% | — | 0.00 |
🔗 Peer Stock Analyses
📋 Recent Filings
- 🟡 voting results2026-09-29Bharat Forge Limited announced the outcome of its postal ballot, approving a special resolution to issue securities up to ₹25,000 million. The resolut…
- Announcement2026-09-28Bharat Forge announced that its trading window will close on October 1, 2026, remaining shut until 48 hours after the un-audited financial results for…
- 🔴 Announcement2026-09-23Bharat Forge announced that ICRA reaffirmed its credit ratings, confirming AA+(Stable) long-term issuer rating and A1+ short-term ratings across key f…
- 🔴 Announcement2026-09-22Bharat Forge announced the closure of its qualified institutional placement of 1,058,201 equity shares at ₹1,890 per share, offering a 2.96% discount …
- 🔴 Corporate Action2026-09-22Bharat Forge announced the allotment of 1,05,82,010 equity shares to qualified institutional buyers at ₹1,890 per share, raising ₹20,000 million. The …
- 🟡 Board Meeting2026-09-17Bharat Forge announced a Qualified Institutional Placement (QIP) approved by its board and shareholders, setting a floor price of **₹1,947.70** per sh…
- 🔴 Announcement2026-09-15Bharat Forge announced a collaboration with Pratt & Whitney Canada to explore integrating advanced turboprop engines into India's indigenous HALE UAV …
- 🟡 voting results2026-09-11Bharat Forge Limited announced that its shareholders approved a special resolution to issue up to ₹25,000 million in securities via remote e-voting, w…
- 🔴 Announcement2026-09-10Bharat Forge announced the merger of its German holding company Bharat Forge Holding GmbH into its wholly-owned subsidiary Bharat Forge Global Holding…
- 🔴 Announcement2026-09-03Bharat Forge announced an investor meeting schedule on September 8-9, 2026, in Singapore and other locations to discuss its business with institutiona…
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-10-01.
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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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