Balu Forge Industries Ltd (BALUFORGE)
₹442.45
Mkt cap
₹5,371 Cr
P/E ratio
20.00
P/B
3.38
Div yield
0.03%
ROE
19.60%
ROCE
22.70%
EPS (TTM)
₹22.12
Book value
₹131
52W range
341–667
Sector
Industrials
Price history
Previous close
Balu Forge Industries Ltd 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 [1]
NSE BALUFORGEBSE 531112
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthHigh
TechnicalsNeutral
52-week range
−33.67% from high₹442
₹341+29.73% from low₹667
Current
₹442.45
Prev close
₹452.85
Day
−2.30%
Price performance
1D
−2.35%
1W
+4.77%
1M
−11.76%
3M
+2.12%
6M
−13.87%
1Y
−28.64%
YTD
−25.81%
Financials
Revenue, profit & margin
P/E ratio
20.0×
BALUFORGE is 31% below the sector median of 29.0×
BALUFORGE20.0×
Sector median29.0×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 112 | 139 | 147 | 161 | 175 | 223 | 256 | 270 | 233 | 300 | 311 | 264 | 301 | |
| Expenses | 90 | 109 | 114 | 127 | 132 | 158 | 188 | 195 | 161 | 217 | 227 | 204 | 216 | |
| Operating Profit | 22 | 30 | 33 | 34 | 43 | 65 | 68 | 75 | 72 | 83 | 85 | 60 | 85 | |
| OPM % | 19% | 22% | 22% | 21% | 25% | 29% | 26% | 28% | 31% | 28% | 27% | 23% | 28% | |
| Other Income | 0 | 4 | 2 | 4 | 1 | 2 | 10 | 4 | 2 | 3 | 4 | 23 | 4 | |
| Interest | 2 | 4 | 4 | 4 | 2 | 3 | 2 | 4 | 2 | 4 | 5 | 5 | 5 | |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 3 | |
| Profit before tax | 19 | 30 | 30 | 35 | 42 | 64 | 74 | 74 | 70 | 80 | 81 | 75 | 81 | |
| Tax % | 13% | 22% | 16% | 18% | 18% | 25% | 20% | 15% | 19% | 19% | 12% | 13% | 18% | |
| Net Profit | 17 | 23 | 25 | 28 | 34 | 48 | 59 | 63 | 57 | 65 | 71 | 66 | 66 | |
| EPS in Rs | 2.00 | 2.32 | 2.46 | 2.76 | 3.33 | 4.39 | 5.39 | 5.73 | 5.00 | 5.71 | 6.18 | 5.42 | 5.44 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −3.62% · closed higher next day 1 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 12 Aug '26◦ |
| Earnings day | −3.62% |
| +1 day | +6.64% |
| +5 days | +18.09% |
| +15 days | +23.19% |
| +30 days | +9.46% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Sep 202653.99%Promoter
Promoters53.99%0.48
FIIs5.13%0.09
DIIs0.92%0.03
Public36.16%0.48
Government3.81%0.05
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| PTC Industries | ₹23,945.00 | 302.14 | 37,946 | 0.00% | 29 | +465.70% | 192 | +97.43% | 8.59% |
| AIA Engineering | ₹3,595.90 | 26.45 | 33,557 | 0.44% | 301 | −1.28% | 1,168 | +12.42% | 21.12% |
| Happy Forgings | ₹1,748.20 | 50.41 | 16,503 | 0.23% | 91 | +39.23% | 449 | +27.03% | 18.03% |
| Balu Forge | ₹442.45 | 20.04 | 5,371 | 0.03% | 66 | +15.89% | 301 | +28.95% | 22.72% |
| Steelcast | ₹348.05 | 38.84 | 3,522 | 0.49% | 24 | +19.27% | 125 | +16.99% | 32.30% |
| Amic Forging | ₹2,044.50 | 77.47 | 2,361 | 0.00% | 16 | +23.69% | 75 | +30.44% | 25.24% |
| Inv.& Prec.Cast. | ₹1,360.30 | 91.11 | 1,360 | 0.07% | 5 | +129.95% | 53 | +21.07% | 14.39% |
| Median: 21 Co. | ₹413.30 | 28.96 | 747 | 0.00% | 4 | −1.28% | 67 | +10.61% | 15.52% |
Filings
Annual reports15
Concall transcripts18
Credit ratings6
Announcements5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 17 Oct - Compliance Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026Announcement Under Regulation 30(5) - SEBI LODR 16 Oct - Company intimates authorized KMPs for material event disclosures under Regulation 30(5).Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 3 OctShareholder Meeting / Postal Ballot-Outcome of AGM 30 Sep - 37th AGM held on 30 Sep 2026; shareholders approved 1.5% final dividend and audited FY26 results.Closure of Trading Window 26 Sep



