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Bharat Forge Limited

Bharat Forge Limited

BHARATFORG Share Price

NSE
₹1,753.401.94% (+33.40)
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With a market cap of ₹85,683 cr, stock is ranked 131

Stock is 2.18x as volatile as Nifty

BHARATFORG Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹85,683 cr, stock is ranked 131

Stock is 2.18x as volatile as Nifty

BHARATFORG Performance & Key Metrics

BHARATFORG Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
121.328.970.47%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
24.122.891.52%

BHARATFORG Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
41%
Analysts have suggested that investors can buy this stock

from 22 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

BHARATFORG Company Profile

Bharat Forge Limited is engaged in the business of steel forgings, finished machined crankshafts, and front axles assembly and components. The Company's segments include Forgings and Projects (Capital goods).

Investor Presentation

View older View older 

Aug 10, 2026

PDF
View Older Presentations

BHARATFORG Similar Stocks (Peers)

Compare with peers Compare with peers 

BHARATFORG Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
44.35
44.35
1Y Return
9.62%
9.62%
Buy Reco %
72.73
72.73
PE Ratio
19.28
19.28
1Y Return
2.90%
2.90%
Buy Reco %
62.50
62.50
PE Ratio
27.83
27.83
1Y Return
2.32%
2.32%
Buy Reco %
79.31
79.31
PE Ratio
27.32
27.32
1Y Return
38.18%
38.18%
Buy Reco %
57.14
57.14
PE Ratio
17.81
17.81
1Y Return
19.81%
19.81%
Buy Reco %
48.00
48.00
Compare with Peers

BHARATFORG Sentiment Analysis

BHARATFORG Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

BHARATFORG Stock Summary · August 2026

Management struck a broadly constructive but cautious tone, highlighting double-digit standalone revenue growth in Q1 FY27 on the back of stronger exports and robust defense execution, while also acknowledging that higher energy, input and logistics costs trimmed margin by about 160 basis points. Defense was a major bright spot, with the order book reaching a record level and a large marine gas turbine generator order for Kolkata-class ships becoming the company’s biggest naval award to date, alongside plans for a new defense facility to start serial production this year. At the same time, the North American business was held back by a nearly three-month breakdown in steel forging operations even as end-market demand stayed strong, and management said recovery should come next quarter as plants normalize. The company also continued restructuring in Germany, booked an exceptional consultancy charge, and said it remains on track to complete the process by end-2027. Looking ahead, management outlined a proposed fundraise of up to INR 2,500 crore to support about INR 1,800 crore of India capex, and said near-term profitability is being affected by the Canada-linked aluminum tariff, with the immediate aim to avoid cash losses until that issue is resolved.

BHARATFORG Stock Growth Drivers
BHARATFORG Stock Growth Drivers
9
  • Export Recovery and Near-Term Operating Momentum

    The company reported a clear rebound in exports, with management calling Q1 FY27 the second

  • Defense Franchise Expansion and Naval Opportunity

    Defense remains one of the strongest growth pillars, supported by strong execution in the quarter

BHARATFORG Stock Challenges
BHARATFORG Stock Challenges
8
  • Margin Pressure from Cost Inflation and One-off Charges

    Results were hurt by rising energy, input, and logistics costs, which management said reduced standalone

  • Operational Disruptions in North American and US Steel Operations

    Overseas operations were weakened by equipment and maintenance issues, with the US business posting an

BHARATFORG Forecast

BHARATFORG Forecasts

Price

Revenue

Earnings

BHARATFORG

BHARATFORG

Income

Balance Sheet

Cash Flow

BHARATFORG Income Statement

BHARATFORG Income Statement

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Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue4,219.604,158.483,750.163,513.913,914.713,958.474,085.444,385.414,581.014,697.19
Operating & Other expensessubtract3,531.153,516.953,041.822,852.703,178.853,239.163,307.643,652.713,849.384,299.75
Depreciation/Amortizationsubtract207.11218.27213.35218.25223.76226.10240.89248.85255.09263.28
Interest & Other Itemssubtract115.52123.71109.8195.9688.0182.2280.0976.6484.4089.71
Taxes & Other Itemssubtract129.8596.73141.59134.24142.11127.31157.63143.00159.57134.17
EPS5.074.365.234.545.925.936.265.534.86-1.88

BHARATFORG Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2027FY 2027

Annual Report Pending

Investor Presentation

Aug 10PDF
Aug 10PDF
FY 2026FY 2026

Annual report

PDF

Investor Presentation

May 7PDF
Feb 12PDF
Nov 11PDF
Aug 6PDF
FY 2025FY 2025

Annual report

PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF

Investor Presentation

Feb 10PDF
Nov 12PDF
Oct 11PDF
Aug 17PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
 

BHARATFORG Stock Peers

BHARATFORG Past Performance & Peer Comparison

BHARATFORG Past Performance & Peer Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bharat Forge Limited72.588.970.47%
JSW Steel Limited44.353.030.68%
Tata Steel Ltd19.282.132.25%
Jindal Steel Ltd27.832.160.18%
ScreenerCompare valuation on Screener

BHARATFORG Stock Price Comparison

Compare BHARATFORG with any stock or ETF
Compare BHARATFORG with any stock or ETF
BHARATFORG
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BHARATFORG Holdings

BHARATFORG Shareholdings

BHARATFORG Promoter Holdings Trend

BHARATFORG Promoter Holdings Trend

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 almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

BHARATFORG Institutional Holdings Trend

BHARATFORG 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

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 almost stayed constant

Tickertape Separator

BHARATFORG Shareholding Pattern

BHARATFORG Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding43.12%21.71%11.19%15.20%8.79%

Dec 2025

Mar 2026

Jun 2026

Sep 2026

BHARATFORG Shareholding History

BHARATFORG Shareholding History

JunSepDec '25MarJunSep14.37%13.62%12.40%14.15%15.04%15.20%

Mutual Funds Invested in BHARATFORG

Mutual Funds Invested in BHARATFORG

No mutual funds holding trends are available

Top 5 Mutual Funds holding Bharat Forge Limited




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.7626%12.91%-1.65%2/26 (0)
1.6065%2.39%-0.14%34/65 (0)
1.4748%1.22%-0.15%32/81 (-2)

Compare 3-month MF holding change on Screener

BHARATFORG Insider Trades & Bulk Stock Deals

BHARATFORG Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing BHARATFORG stock

smallcases containing BHARATFORG stock

Looks like this stock is not in any smallcase yet.

BHARATFORG Events

BHARATFORG Events

BHARATFORG Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

BHARATFORG has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.48%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.84 every year

Dividends

Corp. Actions

Announcements

Legal Orders

BHARATFORG Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

BHARATFORG has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.48%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.84 every year

BHARATFORG Upcoming Dividends

BHARATFORG Upcoming Dividends

No upcoming dividends are available

BHARATFORG Past Dividends

BHARATFORG Past Dividends

Cash Dividend

Ex DateEx DateJul 3, 2026

Final
Final | Div/Share: ₹6.50

Dividend/Share

₹6.50

Ex DateEx Date

Jul 3, 2026

Cash Dividend

Ex DateEx DateFeb 18, 2026

Interim
Interim | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Feb 18, 2026

Cash Dividend

Ex DateEx DateJul 4, 2025

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Jul 4, 2025

Cash Dividend

Ex DateEx DateFeb 18, 2025

Interim
Interim | Div/Share: ₹2.50

Dividend/Share

₹2.50

Ex DateEx Date

Feb 18, 2025

Cash Dividend

Ex DateEx DateJul 5, 2024

Final
Final | Div/Share: ₹6.50

Dividend/Share

₹6.50

Ex DateEx Date

Jul 5, 2024

BHARATFORG Stock News & Opinions

BHARATFORG Stock News & Opinions

Corporate
Corporate
Bharat Forge invested Rs 2,40,00,00,000 in Kalyani Strategic Systems Limited through a rights issue

Bharat Forge Limited has completed a rights issue resulting in the allotment of 240,00,00,000 fully paid-up equity shares to the company for a total investment of Rs 2,40,00,00,000 in Kalyani Strategic Systems Limited (KSSL), a wholly owned subsidiary, and the allotment of 16,30,00,000 fully paid-up equity shares to KSSL for a total investment of Rs 1,63,00,00,000 in Agneyastra Energetics Limited (AEL), another wholly owned subsidiary of KSSL, according to a regulatory filing on October 30, 2026.

3 days agoCapital Market - Live
Corporate
Corporate
Bharat Forge to review financial results at board meeting on November 5, 2026

Bharat Forge Limited will hold a board meeting on Thursday, November 5, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited. The trading window for directors and designated persons will reopen on Monday, November 9, 2026, following a closure beginning October 1, 2026, in accordance with SEBI regulations.

6 days agoCapital Market - Live
Spotlight
Spotlight
Bharat Forge Ltd eases for fifth straight session

Bharat Forge Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1682.5, down 3.36% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.24% on the day, quoting at 22406.15. The Sensex is at 72532.22, down 0.98%.Bharat Forge Ltd has eased around 15.83% in last one month.Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has eased around 8.16% in last one month and is currently quoting at 25011.5, down 1.85% on the day. The volume in the stock stood at 4.04 lakh shares today, compared to the daily average of 8.21 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 1682.4, down 3.4% on the day. Bharat Forge Ltd jumped 31.05% in last one year as compared to a 13.14% slide in NIFTY and a 9.45% fall in the Nifty Auto index.The PE of the stock is 68.78 based on TTM earnings ending June 26.

1 week agoCapital Market - Live
Corporate
Corporate
Bharat Forge invests Rs 2,400 million in Kalyani Strategic Systems for ammunition production

Bharat Forge Limited announced that it has invested Rs 2,400 million in equity shares of Kalyani Strategic Systems Limited, a wholly owned subsidiary, through a rights issue, funded by proceeds from a qualified institutional placement and internal accruals. Additionally, Kalyani Strategic Systems Limited will invest up to Rs 1,630 million in equity shares of Agneyastra Energetics Limited, another wholly owned subsidiary of Bharat Forge, in tranches, to operationalize the company and establish a facility for ammunition shell production.

2 weeks agoCapital Market - Live
Corporate
Corporate
Bharat Forge confirms dematerialization requests processed within timeframe, per exchange filings

Bharat Forge Limited confirmed that dematerialization requests received during the quarter ended September 30, 2026, have been given effect within the stipulated time limit, according to a filing with the BSE Limited and National Stock Exchange of India Limited. The confirmation came from the company’s Registrar & Transfer Agents, MUFG Intime India Private Limited, formerly Link Intime India Private Limited.

3 weeks agoCapital Market - Live
Spotlight
Spotlight
Bharat Forge Ltd drops for fifth straight session

Bharat Forge Ltd fell for a fifth straight session today. The stock is quoting at Rs 1831.3, down 2.33% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.25% on the day, quoting at 22478.35. The Sensex is at 72078.38, up 0.23%.Bharat Forge Ltd has lost around 6.33% in last one month.Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has eased around 8.43% in last one month and is currently quoting at 25384.95, down 0.09% on the day. The volume in the stock stood at 4.41 lakh shares today, compared to the daily average of 8.75 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 1838.4, down 1.81% on the day. Bharat Forge Ltd jumped 48.33% in last one year as compared to a 10.37% slide in NIFTY and a 5.56% fall in the Nifty Auto index.The PE of the stock is 73.88 based on TTM earnings ending June 26.

4 weeks agoCapital Market - Live
Corporate
Corporate
Bharat Forge closes trading window ahead of September financial results release

Bharat Forge Limited will close its trading window for designated persons and specified connected persons from Thursday, October 1, 2026, until 48 hours after the un-audited financial results for the quarter and half year ended September 30, 2026, become generally available, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

1 month agoCapital Market - Live
Spotlight
Spotlight
Bharat Forge Ltd. secures reaffirmations and an assignment of credit ratings from ICRA

Bharat Forge Ltd announced reaffirmations and one assignment of credit ratings from ICRA, specifically reaffirming its ratings for Long-term/Short-term - Unallocated limits [ICRA]AA+(Stable)/ [ICRA]A1+, Short-term - Non-fund based – Others [ICRA]A1+, Long-term - Fund-based - Cash credit [ICRA]AA+(Stable), Long-term/Short-term - Fund-based - Term Loan [ICRA]AA+(Stable)/ [ICRA]A1+, Long-term/Short-term - Fund-based - Term Loan [ICRA]AA+(Stable)/ [ICRA]A1+ (assigned), Long-term - Issuer rating [ICRA]AA+(Stable), and Bonds/NCD/LTD [ICRA]AA+(Stable); no withdrawals were indicated.

1 month agoCapital Market - Live
Corporate
Corporate
Bharat Forge completed a Qualified Institutions Placement, issuing shares at Rs 1,890 each

Bharat Forge Limited has closed a Qualified Institutions Placement, allocating 10,582,010 equity shares at an issue price of Rs 1,890.00 per share, which includes a discount of Rs 57.70 to the floor price of Rs 1,947.70, according to a regulatory filing on Tuesday, September 22, 2026. The company’s Investment Committee – Strategic Business approved the closure of the issue and the allocation of shares to eligible Qualified Institutional Buyers, and will issue refund intimation letters to bidders entitled to a refund.

1 month agoCapital Market - Live
Spotlight
Spotlight
Bharat Forge Ltd soars 1.73%, gains for fifth straight session

Bharat Forge Ltd is up for a fifth straight session today. The stock is quoting at Rs 2003, up 1.73% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.29% on the day, quoting at 23345.95. The Sensex is at 74614.23, down 0.33%. Bharat Forge Ltd has slipped around 1.86% in last one month. Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has slipped around 6.89% in last one month and is currently quoting at 27151.1, down 0.2% on the day. The volume in the stock stood at 6.81 lakh shares today, compared to the daily average of 9.35 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 2003.9, up 1.84% on the day. Bharat Forge Ltd is up 60.11% in last one year as compared to a 7.25% slide in NIFTY and a 0.83% slide in the Nifty Auto index.The PE of the stock is 75.94 based on TTM earnings ending June 26.

1 month agoCapital Market - Live

Frequently asked questions

  1. The share price of BHARATFORG as on 2nd November 2026 is ₹1753.40. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Bharat Forge Limited (BHARATFORG) share are
    • Past 1 week: 3.75%
    • Past 1 month: -6.05%
    • Past 3 months: -20.29%
    • Past 6 months: -5.01%
    • Past 1 year: 30.78%
    • Past 3 years: 69.91%
    • Past 5 years: 123.89%

  3. The current dividend yield of Bharat Forge Limited (BHARATFORG) is 0.47.

  4. Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Bharat Forge Limited (BHARATFORG) is ₹85683.51 Cr as of 2nd November 2026.

  5. The 52-week high of Bharat Forge Limited (BHARATFORG) is ₹2295 and the 52-week low is ₹1299.10.

  6. The P/E (price-to-earnings) ratio of Bharat Forge Limited (BHARATFORG) is 72.58. The P/B (price-to-book) ratio is 8.97.

  7. Bharat Forge Limited (BHARATFORG) belongs to the Materials sector & Iron & Steel sub-sector.

  8. You can directly buy Bharat Forge Limited (BHARATFORG) shares on Tickertape. Simply sign up, connect your demat account and place your order.