Bharat Forge Ltd (BHARATFORG)
₹1,720.00
Mkt cap
₹84,051 Cr
P/E ratio
83.20
P/B
8.60
Div yield
0.49%
ROE
12.00%
ROCE
12.60%
EPS (TTM)
₹20.67
Book value
₹200
52W range
1,277–2,295
Sector
Consumer Discretionary
Price history
Previous close
Bharat Forge is engaged in the manufacturing and selling of forged and machined components for the auto and industrial sectors. [1]
NSE BHARATFORGBSE 500493
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−25.05% from high₹1,720
₹1,277+34.69% from low₹2,295
Current
₹1,720.00
Prev close
₹1,766.30
Day
−2.62%
Price performance
1D
−2.62%
1W
+0.51%
1M
−11.43%
3M
−20.54%
6M
−9.84%
1Y
+32.30%
YTD
+16.44%
Financials
Revenue, profit & margin
P/E ratio
83.2×
BHARATFORG is 199% above the sector median of 27.8×
BHARATFORG83.2×
Sector median27.8×
| 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 | 3,877 | 3,774 | 3,866 | 4,164 | 4,106 | 3,689 | 3,476 | 3,853 | 3,909 | 4,032 | 4,343 | 4,528 | 4,640 | |
| Expenses | 3,282 | 3,153 | 3,169 | 3,521 | 3,365 | 3,042 | 2,853 | 3,174 | 3,239 | 3,308 | 3,597 | 3,751 | 3,942 | |
| Operating Profit | 595 | 621 | 698 | 643 | 741 | 647 | 623 | 679 | 670 | 724 | 746 | 777 | 698 | |
| OPM % | 15% | 16% | 18% | 15% | 18% | 18% | 18% | 18% | 17% | 18% | 17% | 17% | 15% | |
| Other Income | 67 | 51 | 58 | 45 | -99 | 62 | 38 | 57 | 50 | 54 | -13 | -46 | -301 | |
| Interest | 114 | 124 | 137 | 116 | 124 | 110 | 96 | 88 | 82 | 80 | 77 | 84 | 90 | |
| Depreciation | 206 | 211 | 224 | 207 | 218 | 213 | 218 | 224 | 226 | 241 | 249 | 255 | 263 | |
| Profit before tax | 341 | 337 | 395 | 366 | 300 | 385 | 347 | 424 | 411 | 457 | 407 | 392 | 44 | |
| Tax % | 37% | 36% | 36% | 38% | 42% | 37% | 39% | 33% | 31% | 34% | 33% | 40% | 302% | |
| Net Profit | 214 | 215 | 254 | 227 | 175 | 243 | 213 | 283 | 284 | 299 | 273 | 233 | -90 | |
| EPS in Rs | 4.80 | 4.88 | 5.68 | 5.07 | 4.36 | 5.23 | 4.45 | 5.90 | 5.93 | 6.26 | 5.53 | 4.86 | -1.88 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
5 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.61% · closed higher next day 27 of last 58
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 6 Nov '23◦ | 12 Feb '24◦ | 8 May '24◦ | 8 Aug '24◦ | 14 Nov '24◦ | 13 Feb '25 | 8 May '25◦ | 6 Aug '25 | 11 Nov '25 | 12 Feb '26 | 7 May '26 | 10 Aug '26 |
| Earnings day | −1.94% | −3.40% | +0.54% | +1.94% | −1.82% | −2.58% | +4.69% | −1.82% | +5.55% | +3.00% | +6.36% | −7.60% |
| +1 day | −3.88% | −2.29% | −0.53% | −0.74% | −0.41% | −2.38% | +7.71% | +0.09% | +4.58% | +3.72% | +6.19% | −9.46% |
| +5 days | −1.29% | −0.74% | +5.54% | −1.11% | −0.50% | −2.11% | +13.44% | +1.81% | +5.13% | +4.88% | +4.01% | −7.60% |
| +15 days | +4.14% | +4.85% | +10.62% | −2.68% | +2.44% | −1.53% | +11.45% | −4.64% | +7.00% | +14.76% | +4.45% | −7.08% |
| +30 days | +10.06% | −0.12% | +24.70% | −1.45% | −2.17% | +3.98% | +14.81% | +9.67% | +9.92% | −0.11% | +8.94% | −11.31% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 6.50 Per Share | 6.50 | 3 Jul '26 | 3 Jul '26 |
Shareholding
as of Sep 202643.12%Promoter
Promoters43.12%0.95
FIIs15.20%0.16
DIIs33.04%0.86
Public8.63%0.09
Government0.00%0.15
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 |
|---|---|---|---|---|---|---|---|---|---|
| Samvardh. Mothe. | ₹156.50 | 36.50 | 1,66,792 | 0.38% | 1,076 | +81.52% | 35,244 | +16.65% | 13.43% |
| Bosch | ₹47,200.00 | 58.91 | 1,39,222 | 0.57% | 706 | +5.20% | 5,842 | +22.00% | 21.54% |
| Bharat Forge | ₹1,720.00 | 83.24 | 84,051 | 0.49% | −90 | −57.72% | 4,640 | +18.71% | 12.61% |
| Uno Minda | ₹1,082.50 | 51.14 | 62,511 | 0.24% | 316 | +1.76% | 5,557 | +23.79% | 19.65% |
| Schaeffler India | ₹3,574.00 | 41.23 | 55,863 | 0.98% | 370 | +20.78% | 3,006 | +27.36% | 27.90% |
| Sona BLW Precis. | ₹890.50 | 68.92 | 55,647 | 0.38% | 197 | +17.84% | 1,377 | +30.28% | 15.11% |
| Tube Investments | ₹2,120.00 | 65.54 | 41,075 | 0.17% | 294 | −15.25% | 6,215 | +17.07% | 17.14% |
| Median: 131 Co. | ₹431.70 | 27.82 | 1,513 | 0.35% | 12 | +27.66% | 266 | +21.79% | 16.44% |
Filings
Annual reports15
Concall transcripts86
TranscriptAug 2026PPTAug 2026RECAug 2026PPTAug 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Updates on Acquisition 30 Oct - KSSL and AEL allotted shares on October 30, 2026 after ₹403 crore rights investments.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 29 Oct - Bharat Forge to host Q2 and H1 FY27 results call on November 5, 2026, 3-4 PM IST.Board Meeting Intimation for Intimation For Board Meeting Scheduled On November 5, 2026 27 Oct - Board meeting on November 5, 2026 to approve Q2 FY27 standalone and consolidated results; trading window reopens November 9.Announcement under Regulation 30 (LODR)-Updates on Acquisition 16 Oct - Bharat Forge invested Rs 240 crore in KSSL; KSSL to fund Rs 163 crore AEL rights issue.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Oct - Bharat Forge filed Regulation 74(5) certificate for quarter ended September 30, 2026.