Bharat Forge Ltd (BHARATFORG)
₹2,151.60
Mkt cap
₹1.03L Cr
P/E ratio
91.10
P/B
10.76
Div yield
0.40%
ROE
12.00%
ROCE
12.60%
EPS (TTM)
₹23.62
Book value
₹200
52W range
1,107–2,209
Sector
Consumer Discretionary
Bharat Forge is engaged in the manufacturing and selling of forged and machined Compoundant for auto and industry sector.(Source : 201903 Annual Report Page No: 123)
Health check
Mixed
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsBullish
52-week range
−2.60% from high₹2,152
₹1,107+94.42% from low₹2,209
Current
₹2,151.60
Prev close
₹2,155.00
Day
−0.16%
Price performance
1D
−0.16%
1W
−2.60%
1M
+0.29%
3M
+15.93%
6M
+54.34%
1Y
+75.67%
YTD
+45.65%
Financials
FRevenue, profit & margin
P/E ratio
91.1×
BHARATFORG is 195% above the sector median of 30.9×
BHARATFORG91.1×
Sector median30.9×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,629 | 3,877 | 3,774 | 3,866 | 4,164 | 4,106 | 3,689 | 3,476 | 3,853 | 3,909 | 4,032 | 4,343 | 4,528 | |
| Expenses | 3,191 | 3,282 | 3,153 | 3,169 | 3,521 | 3,365 | 3,042 | 2,853 | 3,174 | 3,239 | 3,308 | 3,597 | 3,751 | |
| Operating Profit | 438 | 595 | 621 | 698 | 643 | 741 | 647 | 623 | 679 | 670 | 724 | 746 | 777 | |
| OPM % | 12% | 15% | 16% | 18% | 15% | 18% | 18% | 18% | 18% | 17% | 18% | 17% | 17% | |
| Other Income | 17 | 67 | 51 | 58 | 45 | -99 | 62 | 38 | 57 | 50 | 54 | -13 | -46 | |
| Interest | 97 | 114 | 124 | 137 | 116 | 124 | 110 | 96 | 88 | 82 | 80 | 77 | 84 | |
| Depreciation | 181 | 206 | 211 | 224 | 207 | 218 | 213 | 218 | 224 | 226 | 241 | 249 | 255 | |
| Profit before tax | 177 | 341 | 337 | 395 | 366 | 300 | 385 | 347 | 424 | 411 | 457 | 407 | 392 | |
| Tax % | 28% | 37% | 36% | 36% | 38% | 42% | 37% | 39% | 33% | 31% | 34% | 33% | 40% | |
| Net Profit | 128 | 214 | 215 | 254 | 227 | 175 | 243 | 213 | 283 | 284 | 299 | 273 | 233 | |
| EPS in Rs | 2.91 | 4.80 | 4.88 | 5.68 | 5.07 | 4.36 | 5.23 | 4.45 | 5.90 | 5.93 | 6.26 | 5.53 | 4.86 | |
| Raw PDF |
Earnings
EResults 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 +0.83% · closed higher next day 28 of last 57
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 9 Aug '23◦ | 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 |
| Earnings day | −1.31% | −1.94% | −3.40% | +0.54% | +1.94% | −1.82% | −2.58% | +4.69% | −1.82% | +5.55% | +3.00% | +6.36% |
| +1 day | +0.86% | −3.88% | −2.29% | −0.53% | −0.74% | −0.41% | −2.38% | +7.71% | +0.09% | +4.58% | +3.72% | +6.19% |
| +5 days | +0.79% | −1.29% | −0.74% | +5.54% | −1.11% | −0.50% | −2.11% | +13.44% | +1.81% | +5.13% | +4.88% | +4.01% |
| +15 days | +12.01% | +4.14% | +4.85% | +10.62% | −2.68% | +2.44% | −1.53% | +11.45% | −4.64% | +7.00% | +14.76% | +4.45% |
| +30 days | +14.86% | +10.06% | −0.12% | +24.70% | −1.45% | −2.17% | +3.98% | +14.81% | +9.67% | +9.92% | −0.11% | +8.94% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 6.50 Per Share | 6.50 | 3 Jul '26 | 3 Jul '26 |
| dividend Interim Dividend - Rs 2 Per Share | 2.00 | 18 Feb '26 | 18 Feb '26 |
Shareholding
Sas of Jun 202644.07%Promoter
Promoters44.07%
FIIs15.04%0.89
DIIs32.18%0.44
Public8.54%0.46
Government0.15%
Ownership trend
Peers
P7 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. | ₹145.55 | 36.03 | 1,53,620 | 0.41% | 1,562 | +55.33% | 34,309 | +17.03% | 13.43% |
| Bosch | ₹41,755.00 | 59.00 | 1,23,161 | 0.65% | 570 | +2.98% | 5,566 | +13.34% | 21.54% |
| Bharat Forge | ₹2,151.60 | 91.14 | 1,02,866 | 0.40% | 233 | +2.05% | 4,528 | +17.53% | 12.61% |
| Uno Minda | ₹1,127.00 | 53.63 | 65,081 | 0.24% | 352 | +22.39% | 5,336 | +17.85% | 19.65% |
| Schaeffler India | ₹4,107.70 | 49.73 | 64,205 | 0.85% | 337 | +13.67% | 2,681 | +17.50% | 27.90% |
| Tube Investments | ₹2,767.00 | 81.06 | 53,572 | 0.13% | 234 | +81.73% | 6,215 | +20.68% | 17.14% |
| Sona BLW Precis. | ₹717.95 | 57.54 | 44,738 | 0.47% | 220 | +73.37% | 1,157 | +50.82% | 15.11% |
| Median: 124 Co. | ₹497.38 | 30.88 | 1,532 | 0.35% | 15 | +26.43% | 269 | +19.56% | 15.47% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts82
TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024RECAug 2024TranscriptMay 2024PPTMay 2024TranscriptFeb 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Restructuring 1d - Kalyani Powertrain to sell 50% REFU Drive stake for EUR 12,500; closing within 6 weeks.Announcement under Regulation 30 (LODR)-Press Release / Media Release 2d - Bharat Forge signs July 22, 2026 MoU with FLYING WHALES for heavy-lift airships in India.Announcement under Regulation 30 (LODR)-Newspaper Publication 18 JulBusiness Responsibility and Sustainability Reporting (BRSR) 17 Jul - Bharat Forge filed FY2025-26 BRSR report with ESG, compliance, and sustainability disclosures.Reg. 34 (1) Annual Report. 17 Jul - Bharat Forge announces 65th AGM on August 11, 2026, annual report, dividend, and Ashish Bharat Ram reappointment.






