Balu Forge Industries Ltd

Profit before tax stood at Rs 74.06 crore, up 115.1% from Rs 34.43 crore in Q4 FY24. EBITDA for the quarter rose sharply to Rs 75 crore, reflecting a YoY growth of 118.1%, while EBITDA margin improved by 647 basis points to 27.8%. For the full financial year, the company posted a 65% rise in revenue to Rs 924 crore, up from Rs 560 crore in FY24. Net profit for FY25 came in at Rs 204 crore, up 118% from Rs 93 crore in the previous year. FY25 EBITDA jumped 110.8% to Rs 251 crore. Operating cash flow for FY25 rose 566% to Rs 148 crore, driven by robust EBITDA growth and improved receivables management. The company ended the year with a net cash position of Rs 60 crore. Total debt stood at Rs 36 crore, with cash and equivalents at Rs 96 crore. Balu Forge continued its focus on capital efficiency, with the debt-to-equity ratio improving significantly to 0.03x from 0.09x a year ago. Working capital days reduced to 104 from 129, reflecting better inventory and receivables control. ROCE rose to 30.1%, aided by higher asset utilization and a strategic shift towards high-margin product segments. The company increased its forging capacity to 100,000 TPA, with further expansion underway. Growth was supported by robust demand from defense, aerospace, and railways'sectors the company is increasingly targeting. Trimaan Chandock, executive director of BFIL, stated, 'Our revenue from operations for FY25 reached Rs. 924 crore, marking the highest revenue in the company's history. This reflects the strong growth of 65.0% compared to revenues of Rs 560 crore in FY24. In Q4FY25, we delivered revenues of Rs 270 crore, driven by steady demand in our core business, along with significant contributions from emerging sectors such as defense, aerospace, and railways. For the full year, our EBITDA grew by 110.8% to Rs 251 crore, leading to a significant improvement in margins, and profit after tax accelerated to Rs 204 crore, further reflecting our operational efficiency and strong execution. This performance underscores our ability to scale operations, leverage manufacturing capabilities, and diversify successfully across industries. In FY25, we made significant CAPEX investments in expanding our manufacturing capabilities and upgrading our technology to better serve critical sectors such as defense, aerospace, and railways. These strategic initiatives are set to be fully commissioned in the first half of FY26 and are poised to deliver significant results in the coming years, positioning us to capitalize on emerging growth opportunities. Looking ahead, we remain optimistic about the growth prospects for FY26. Our order book is growing, diversified, and high quality, with the company well-positioned to capture further opportunities in high-value, high-margin sectors. Our focus on innovation, technological upgrades, and expanding our talented team of engineering professionals will continue to be the driving force behind our long-term growth. We are confident that our ongoing investments in technology and capacity will further strengthen BFLL's position as a leading player in the precision machining industry.' Meanwhile, the board has recommended a dividend of Rs 0.15 per equity share of face value Rs 10 each for FY25. Balu Forge Industries is engaged in the manufacturing of fully finished and semi-finished forged crankshafts and forged components. It has the capability to manufacture components conforming to the New Emission Regulations & the New Energy Vehicles. Shares of Balu Forge Industries rose 0.37% to Rs 620.65 on the BSE.Powered by Capital Market - Live

Balu Forge Industries announced that the Board of Directors of the Company at its meeting held on 14 May 2025, inter alia, have recommended the final dividend of Rs 0.15 per equity Share (i.e. 1.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Balu Forge Industries rose 121.68% to Rs 62.69 crore in the quarter ended March 2025 as against Rs 28.28 crore during the previous quarter ended March 2024. Sales rose 67.31% to Rs 269.65 crore in the quarter ended March 2025 as against Rs 161.17 crore during the previous quarter ended March 2024. For the full year,net profit rose 118.06% to Rs 203.86 crore in the year ended March 2025 as against Rs 93.49 crore during the previous year ended March 2024. Sales rose 64.97% to Rs 923.62 crore in the year ended March 2025 as against Rs 559.86 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales269.65161.17 67 923.62559.86 65 OPM %27.8121.34 -27.1921.28 - PBDT74.9435.24 113 257.29115.72 122 PBT74.0634.61 114 253.94113.66 123 NP62.6928.28 122 203.8693.49 118 Powered by Capital Market - Live

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 14 May 2025.Powered by Capital Market - Live

Net profit of Balu Forge Industries rose 134.07% to Rs 59.01 crore in the quarter ended December 2024 as against Rs 25.21 crore during the previous quarter ended December 2023. Sales rose 73.91% to Rs 255.78 crore in the quarter ended December 2024 as against Rs 147.08 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales255.78147.08 74 OPM %26.4722.24 - PBDT75.0130.47 146 PBT74.1629.95 148 NP59.0125.21 134 Powered by Capital Market - Live

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live

Net profit of Balu Forge Industries rose 106.88% to Rs 48.14 crore in the quarter ended September 2024 as against Rs 23.27 crore during the previous quarter ended September 2023. Sales rose 60.09% to Rs 222.88 crore in the quarter ended September 2024 as against Rs 139.22 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales222.88139.22 60 OPM %29.2621.64 - PBDT64.7830.42 113 PBT63.9529.96 113 NP48.1423.27 107 Powered by Capital Market - Live

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 21 October 2024.Powered by Capital Market - Live

Balu Forge Industries has acquired 7 Axis CNC machines. The major focus area for this acquisition is move into a more elite category of machining companies that are capable of offering both advanced & critical machining solutions specific to industries like Railways, Defence, Aerospace & other critical precision industries globally. The new acquisition will enhance the capability of the company to offer more precision engineered components & further increase the product portfolio in these key industries. This new acquisition consists of 7 Axis CNC machines from a prominent German manufacturer. These possess the capability to machine parts up to 3 Meters in length. The introduction of this technology will aid in machining complex geometries, improve precision, increase flexibility, lead to better material utilization & aid in the ability to machine complex products in one setup.Powered by Capital Market - Live

Balu Forge Industries announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live