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Balu Forge Industries Ltd

BALUFORGE

Balu Forge Industries Ltd

BALUFORGE
IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹8,111 cr, stock is ranked 627
High RiskStock is 4.22x as volatile as Nifty
837.704.37% (+35.10)
837.704.37% (+35.10)

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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹8,111 cr, stock is ranked 627
High RiskStock is 4.22x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹8,111 cr, stock is ranked 627
High RiskStock is 4.22x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
59.6314.670.02%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.597.170.53%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Balu Forge Industries is manufacturer and supplier of precision engineered products, crankshafts and forging components.

Investor Presentation

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Dec 4, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

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Financial YearFY 2021FY 2022FY 2023FY 2024TTM
Total Revenue147.34294.61339.29570.27716.24
Raw Materialssubtract119.56230.54230.49427.81530.92
Power & Fuel Costsubtract0.000.000.000.24
Employee Costsubtract3.214.456.8312.31
Selling & Administrative Expensessubtract14.7622.8427.5439.03
Operating & Other expensessubtract-7.68-8.5912.00-38.65
Depreciation/Amortizationsubtract1.141.051.332.052.76
Interest & Other Itemssubtract6.615.2310.5313.6411.88
Taxes & Other Itemssubtract2.129.2411.6520.1734.65
EPS1.113.964.7010.0713.26
DPS0.000.100.000.150.15
Payout ratio0.000.030.000.010.01

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025

Annual Report Pending

Investor Presentation

Dec 4PDF
Dec 2PDF
Nov 19PDF
+2 more
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsConstruction & Engineering

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Balu Forge Industries Ltd86.6014.670.02%
Larsen and Toubro Ltd39.915.080.90%
GMR Airports Ltd-158.38-104.06
IRB Infrastructure Developers Ltd56.262.480.53%

Price Comparison

Compare BALUFORGE with any stock or ETF
Compare BALUFORGE with any stock or ETF
BALUFORGE
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 1.36%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.92%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding54.71%0.00%0.93%10.43%33.93%

Apr 2024

Jun 2024

Jul 2024

Sep 2024

Shareholding History

Dec '23MarAprJunJulSep8.77%9.71%8.74%8.51%8.32%10.43%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 20, 2024

Final
Final | Div/Share: ₹0.15

Dividend/Share

0.15

Ex DateEx Date

Sep 20, 2024

Cash Dividend

Ex DateEx DateNov 17, 2021

Interim
Interim | Div/Share: ₹0.10

Dividend/Share

0.10

Ex DateEx Date

Nov 17, 2021

News & Opinions
Earnings
Balu Forge Industries consolidated net profit rises 106.88% in the September 2024 quarter

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

1 month agoCapital Market - Live
Corporate
Balu Forge Industries to hold board meeting

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

1 month agoCapital Market - Live
Corporate
Balu Forge Industries acquires 7 Axis CNC machines

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

2 months agoCapital Market - Live
Corporate
Balu Forge Industries schedules AGM

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

2 months agoCapital Market - Live
Corporate
Board of Balu Forge Industries recommends final dividend

Balu Forge Industries announced that the Board of Directors of the Company at its meeting held on 30 July 2024, 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

4 months agoCapital Market - Live
Earnings
Balu Forge Industries consolidated net profit rises 104.98% in the June 2024 quarter

Net profit of Balu Forge Industries rose 104.98% to Rs 34.17 crore in the quarter ended June 2024 as against Rs 16.67 crore during the previous quarter ended June 2023. Sales rose 56.00% to Rs 175.31 crore in the quarter ended June 2024 as against Rs 112.38 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales175.31112.38 56 OPM %24.6419.48 - PBDT42.7119.52 119 PBT41.9119.07 120 NP34.1716.67 105 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Balu Forge Industries to hold board meeting

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Balu Forge Industries to conduct EGM

Balu Forge Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 9 August 2024 .Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Balu Forge Industries to raise Rs 496.80 cr

Balu Forge Industries (BFIL) has announced a fund-raise of Rs. 496.80 crore in a combination of preferential issue of equity shares and fully convertible warrants to strengthen its manufacturing capacity and capability to play its role in making India atmanirbhar or self-reliant in defence, railways and aerospace sector and turning the vision of Viksit Bharat into reality. The board of BFIL has approved an issue of 45,00,000 equity shares of face value of Rs. 10 each at a premium price of Rs. 350 per equity share aggregating up to Rs. 162,00,00,000 by way of preferential issue to the non-promoter public category investors. The board has also approved an issue of 63,00,000 fully convertible warrants to the non-promoter public category investors and 30,00,000 fully convertible warrants to the promoter category at an issue price of Rs.360 per warrant. BFIL will majorly deploy a majority of the funds to undertake special R&D initiatives to further enhance the special engineering capability in the field of defence and aerospace components. The company will further add a new capability in the form of a Direct Drive Screw Press Line capable of producing aerospace and high precision components and SPM line for defence production. The product mix includes an extensive large portfolio covering railways, defence and aerospace industries. Powered by Capital Market - Live

4 months agoCapital Market - Live

Amaze Entertech Standalone March 2020 Net Sales At Rs 0.08 Crore, Up 79.06% Y-o-Y

4 years agoMoneycontrol