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Bharat Forge Ltd

BHARATFORG Share Price

1,218.200.54% (-6.60)
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Iron & Steel

EV

With a market cap of ₹58,556 cr, stock is ranked 174

Stock is 2.34x as volatile as Nifty

BHARATFORG Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

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

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Iron & Steel

EV

With a market cap of ₹58,556 cr, stock is ranked 174

Stock is 2.34x as volatile as Nifty

BHARATFORG Performance & Key Metrics

BHARATFORG Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
62.226.35
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
27.923.471.58%

BHARATFORG Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
43%
Analysts have suggested that investors can buy this stock

from 23 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).

BHARATFORG Similar Stocks (Peers)

Compare with peers Compare with peers 

BHARATFORG Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
72.01
72.01
1Y Return
11.03%
11.03%
Buy Reco %
64.29
64.29
PE Ratio
58.36
58.36
1Y Return
3.88%
3.88%
Buy Reco %
61.29
61.29
PE Ratio
34.20
34.20
1Y Return
3.99%
3.99%
Buy Reco %
70.83
70.83
PE Ratio
53.72
53.72
1Y Return
99.15%
99.15%
Buy Reco %
100.00
100.00
PE Ratio
22.32
22.32
1Y Return
14.62%
14.62%
Buy Reco %
100.00
100.00
Compare with Peers

BHARATFORG Sentiment Analysis

BHARATFORG Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

BHARATFORG Stock Summary · February 2025

In Q3, the company faced a 7% decline in standalone revenue, primarily due to weak demand in Europe, yet managed to maintain stable margins at 28.1%. The defense and JSA segments demonstrated robust growth, with year-on-year revenue increases of 49% and 20%, respectively, bolstered by a strong order book and diversification efforts. While operational efficiencies improved in the U.S., challenges persisted in overseas markets, particularly in Europe, where losses are expected to remain elevated. Strategic investments in aerospace and nuclear sectors, alongside a cautious approach to the evolving automotive landscape, position the company for future growth, despite uncertainties in market conditions and regulatory environments.

BHARATFORG Stock Growth Drivers
BHARATFORG Stock Growth Drivers
6
  • Strong Financial Performance

    The company reported a 9.1% increase in EBITDA, reaching Rs. 2,087 crores, with profit before

  • Growth in New Business Verticals

    The company has made significant strides in its new business verticals, particularly in casting and

BHARATFORG Stock Challenges
BHARATFORG Stock Challenges
5
  • Decline in Revenue and Demand Challenges

    The company reported a 7% decline in standalone revenue for Q3, totaling Rs. 2,096 crores,

  • Weak Overseas Operations

    The company's overseas operations have been adversely affected by weak demand in Europe and specific

BHARATFORG Forecast

BHARATFORG Forecasts

Price

Revenue

Earnings

BHARATFORG

BHARATFORG

Income

Balance Sheet

Cash Flow

BHARATFORG Income Statement

BHARATFORG Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 13.22%, vs industry avg of 12.5%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 1.75% to 1.98%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 21.89%, vs industry avg of 24.37%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue6,657.718,499.7010,348.528,243.706,505.1610,833.9913,083.1215,914.8115,336.5615,337.26
Raw Materialssubtract2,484.363,407.574,589.713,524.192,653.814,805.896,231.407,383.406,671.4512,590.32
Power & Fuel Costsubtract405.00491.55591.89481.43396.10576.84827.88766.50817.23
Employee Costsubtract930.921,089.201,246.301,195.461,071.061,464.681,607.311,862.091,869.90
Selling & Administrative Expensessubtract271.53334.50459.97381.25327.43608.07835.49733.40845.92
Operating & Other expensessubtract1,054.011,407.711,213.671,480.621,362.331,107.291,719.892,391.062,385.13
Depreciation/Amortizationsubtract452.05466.88520.79547.72612.16730.30735.59848.20873.62873.63
Interest & Other Itemssubtract99.96106.53127.22171.33107.73160.41298.62491.17417.49417.49
Taxes & Other Itemssubtract255.27433.31566.81111.87100.93298.75298.58487.86514.67514.67
EPS15.1316.3722.167.51-2.7123.2311.3420.4219.9419.68
DPS3.754.505.003.502.007.007.009.009.00
Payout ratio0.250.270.230.470.300.620.440.000.46

BHARATFORG Company Updates

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

Investor Presentation

May 27PDF
Feb 14PDF
Aug 11PDF
FY 2018FY 2018

Annual report

PDF

Investor Presentation

Nov 9PDF
Aug 16PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

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 Ltd62.226.35
JSW Steel Ltd72.013.090.34%
Tata Steel Ltd58.362.192.25%
Jindal Steel And Power Ltd34.202.150.21%

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

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 1.18%

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

Decreased 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 decreased by 1.81%

Tickertape Separator

BHARATFORG Shareholding Pattern

BHARATFORG Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding44.07%20.76%9.60%16.07%9.50%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

BHARATFORG Shareholding History

BHARATFORG Shareholding History

Dec '23MarJunSepDec '24Mar16.60%16.47%17.03%18.72%17.88%16.07%

Mutual Funds Invested in BHARATFORG

Mutual Funds Invested in BHARATFORG

No mutual funds holding trends are available

Top 5 Mutual Funds holding Bharat Forge Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.4666%1.57%0.01%20/62 (+2)
1.3858%0.97%0.12%61/81 (0)
1.2924%1.33%-0.08%17/70 (+7)

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 trend available

Dividends

Corp. Actions

Announcements

Legal Orders

BHARATFORG Dividend Trend

No dividend trend available

BHARATFORG Upcoming Dividends

BHARATFORG Upcoming Dividends

No upcoming dividends are available

BHARATFORG Past Dividends

BHARATFORG Past Dividends

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

Cash Dividend

Ex DateEx DateFeb 23, 2024

Interim
Interim | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Feb 23, 2024

Cash Dividend

Ex DateEx DateJul 7, 2023

Final
Final | Div/Share: ₹5.50

Dividend/Share

5.50

Ex DateEx Date

Jul 7, 2023

BHARATFORG Stock News & Opinions

BHARATFORG Stock News & Opinions

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 1217.3, down 1.42% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.77% on the day, quoting at 25159.1. The Sensex is at 82509.41, down 0.82%.Bharat Forge Ltd has eased around 6.72% in last one month.Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has increased around 0.67% in last one month and is currently quoting at 23916.85, down 1.45% on the day. The volume in the stock stood at 6.06 lakh shares today, compared to the daily average of 11.02 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 1221.1, down 1.28% on the day. Bharat Forge Ltd tumbled 24.81% in last one year as compared to a 2.68% rally in NIFTY and a 6.27% fall in the Nifty Auto index.The PE of the stock is 41.19 based on TTM earnings ending March 25.Powered by Capital Market - Live

6 days agoCapital Market - Live
Spotlight
Bharat Forge arm sets up new entity for defence explosives, propellants

Agneyastra Energetics has been incorporated to undertake the manufacturing of high energy explosives, ammunition high explosive filling (heavy & medium caliber), manufacturing of gun propellants and rocket propellants, with the objective of creating end-to-end defence energetics capability. Kalyani Strategic System has subscribed to 1 lakh equity shares of Rs 10 each in a newly incorporated company. KSSL holds 100% shareholding (99.94% directly and 0.06% through nominees). Consequently, Agneyastra Energetics becomes a step-down subsidiary of the company. Bharat Forge (BFL), a Pune-based Indian multinational, is a technology driven global leader in providing high performance, innovative safety critical components and solutions for several sectors including automotive, power, oil and gas, construction & mining, rail, marine, defense and aerospace. The company's consolidated net profit jumped 19.5% to Rs 282 crore despite a 7.5% decline in net sales to Rs 3,852.60 crore in Q4 FY25 over Q4 FY24. The scrip declined 1.07% to settle at Rs 1,298.55 on the BSE.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Bharat Forge gains after acquiring AAM India manufacturing

The equity value includes cash on books of the acquired entity of Rs 189.48 crore. This cash is available for addressing future growth opportunities. The company said the acquisition will enable to complement its component offerings with products solutions to OEMs in India & Globally. On 17 October 2024, the company had entered into a share purchase agreement to acquire 100% stake in AAM India Manufacturing. As part of the transaction, Bharat Forge will take over AAMIMCPL's commercial vehicle (CV) axle business, including its manufacturing facilities in Pune and Chennai, as well as the Pune Engineering & Development Centre. Bharat Forge (BFL), a Pune-based Indian multinational, is a technology driven global leader in providing high performance, innovative safety critical components and solutions for several sectors including automotive, power, oil and gas, construction & mining, rail, marine, defense and aerospace. The company's consolidated net profit jumped 19.5% to Rs 282 crore despite a 7.5% decline in net sales to Rs 3,852.60 crore in Q4 FY25 over Q4 FY24.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Bharat Forge completes acquisition of AAM India Manufacturing

Bharat Forge has successfully concluded the acquisition of AAM India Manufacturing (AAM India) at an equity value of Rs 746.46 crore including Cash on books of the acquired entity of Rs 189.48 crore. This cash is available for addressing future growth opportunities. The final equity value is subject to Net Working Capital adjustments as of 30 June 2025. The company added, We are acquiring an entity which has a formidable name in the automotive products space supplying to all major OEM across traditional and New Mobility technology. This acquisition will enable us to complement our component offerings with products solutions to OEMs in India & Globally.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Bharat Forge inks pact with French firm to supply Male-class AAROK UAV

AAROK is a MALE-class UAV developed to offer the best available technology at the lowest acquisition and deployment cost. Flying at high altitude and for long periods, it performs longrange surveillance missions. Its electromagnetic sensors and radar enable it to monitor the enemy while remaining stand of from the threats. AAROK is permanently connected to command and control systems and other military assets, transmitting the information needed to establish an up-to-date tactical situation, the company said. With a payload of over 1.5 tonne of weapons fired from a safe distance, AAROK also supports multi-domain operations by striking far behind enemy lines, disrupting enemy defences and neutralising their surface-to-air defence systems, it added. Flying for more than 25 hours, AAROK will finally reinforce India's assertion of sovereignty over its territorial waters by detecting incursions and monitoring ongoing activities, it said. Bharat Forge said it will establish an AAROK production line on site. With AAROK, Turgis Gaillard and Bharat Forge are offering the Indian armed forces an advanced, robust and scalable MALE UAV designed to act as a force multiplier in a connected battlefield, it added. Bharat Forge manufactures an extensive array of critical and safety components for several sectors, including automobiles (across commercial & passenger vehicles), oil & gas, aerospace, locomotives, marine, energy (across renewable and non-renewable sources), construction, mining, and general engineering. The forging company reported a 19.52% year-on-year rise in consolidated net profit to Rs 282 crore in Q4 FY25, despite a 7.48% drop in revenue from operations to Rs 3,852.60 crore. Shares of Bharat Forge rose 0.62% to Rs 1,307.90 on the BSE. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Bharat Forge fixes record date for final dividend

Bharat Forge has fixed 04 July 2025 as record date for final dividend of Rs 6 per share of Rs 2 each for FY 2025. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Bharat Forge Ltd soars 0.51%, gains for fifth straight session

Bharat Forge Ltd rose for a fifth straight session today. The stock is quoting at Rs 1256.1, up 0.51% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 24860.4. The Sensex is at 81705.06, down 0.57%. Bharat Forge Ltd has added around 12.44% in last one month. Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has added around 5.59% in last one month and is currently quoting at 23763.15, down 0.68% on the day. The volume in the stock stood at 4.62 lakh shares today, compared to the daily average of 17.36 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 1256.9, up 0.59% on the day. Bharat Forge Ltd is down 19.75% in last one year as compared to a 8.62% gain in NIFTY and a 0.89% gain in the Nifty Auto index.The PE of the stock is 41.72 based on TTM earnings ending March 25.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bharat Forge to pay final dividend

Bharat Forge announced that final dividend of Rs 6 per equity share for FY 2025, if approved, will be paid on or after 12 August 2025. Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Bharat Forge Q4 PAT rises 24% YoY; declares dividend of Rs 6/sh

However, profit before exceptional items and tax rose 23.99% YoY to Rs 429.4 crore, while EBITDA grew 2.71% to Rs 671.1 crore. Total expenses fell 9.38% YoY to Rs 3,483.04 crore. Segment-wise, revenue from forgings rose 0.82% to Rs 3,436.23 crore, while the defence segment saw a sharp 49.29% drop to Rs 284.35 crore. The Other segment revenue rose 17.47% to RS 285.12 crore. Operating margin improved to 17.63% in Q4 FY25 from 15.46% a year ago, and net profit margin increased to 7.34% from 5.45%. The company's defence order book stood at Rs 9,420 crore, with Rs 6,959 crore of new orders won in FY25'70% of which were in defence. On a full-year basis, the company's net profit declined 3.57% to Rs 15,122.80 crore on a 0.34% rise in revenue to Rs 913.28 crore in FY25 over FY24. Meanwhile, the board of directors has recommended a dividend of Rs 6 per equity share of face value Rs 2 each for FY25. Bharat Forge manufactures an extensive array of critical and safety components for several sectors, including automobiles (across commercial & passenger vehicles), oil & gas, aerospace, locomotives, marine, energy (across renewable and non-renewable sources), construction, mining, and general engineering. Shares of Bharat Forge fell 2.32% to Rs 1,114 on the BSE.Powered by Capital Market - Live

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

Bharat Forge announced that the Board of Directors of the Company at its meeting held on 8 May 2025, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 300%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Bharat Forge Ltd (BHARATFORG) today?

    The share price of BHARATFORG as on 18th July 2025 is ₹1218.20. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Bharat Forge Ltd (BHARATFORG) share?

    The past returns of Bharat Forge Ltd (BHARATFORG) share are
    • Past 1 week: -2.50%
    • Past 1 month: -7.06%
    • Past 3 months: 14.66%
    • Past 6 months: 1.43%
    • Past 1 year: -24.47%
    • Past 3 years: 90.63%
    • Past 5 years: 224.49%

  3. What are the peers or stocks similar to Bharat Forge Ltd (BHARATFORG)?
  4. What is the market cap of Bharat Forge Ltd (BHARATFORG) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Bharat Forge Ltd (BHARATFORG) is ₹58556.30 Cr as of 18th July 2025.

  5. What is the 52 week high and low of Bharat Forge Ltd (BHARATFORG) share?

    The 52-week high of Bharat Forge Ltd (BHARATFORG) is ₹1771.20 and the 52-week low is ₹919.10.

  6. What is the PE and PB ratio of Bharat Forge Ltd (BHARATFORG) stock?

    The P/E (price-to-earnings) ratio of Bharat Forge Ltd (BHARATFORG) is 62.22. The P/B (price-to-book) ratio is 6.35.

  7. Which sector does Bharat Forge Ltd (BHARATFORG) belong to?

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

  8. How to buy Bharat Forge Ltd (BHARATFORG) shares?

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