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Bharat Forge Ltd Share Price

NSE: BHARATFORG Mid Cap ISIN: INE465A01025
As on 19 April 2025 at 17:39 IST
As on 19 April 2025 at 17:39 IST
1,068.20
+ 13.10
(1.24%)
About Bharat Forge Ltd

Bharat Forge Limited is a major Indian multinational company. It has been a key player in the engineering and manufacturing sector for decades. Founded in 1961 and headquartered in Pune, the company specialises in metal forging and engineering solutions. It provides critical components to diverse industries. This includes automotive, railways, aerospace, marine, oil and gas, power, construction, and mining. Bharat Forge Limited has established itself as one of the largest forging companies globally. Its innovative engineering solutions have helped secure a major market share in the automotive and industrial sectors. +

Over 1 Month
-0.76%
Over 6 Months
-27.39%
Over 1 Year
-9.95%
Over 3 Years
46.64%

Bharat Forge Ltd Summary

Close ₹1,068.20
Open ₹1,049.10
High ₹1,071.90
Low ₹1,041
Volume 12,23,336
Net Turnover (in Cr) ₹129.46
52Wk High ₹1,804.50
52Wk Low ₹919.10
52Wk High / Low
919.10
1,804.50

Bharat Forge Ltd Fundamentals

Key Financial Data

Market Cap (in Cr) ₹51,069.43
EPS (TTM) 30.77
Book Value (BV) 219.09
Div. Yield 0.82 %
P/E (TTM) 37.39
Price/Book Value 4.88
Delivery % 59.95 %
Face Value 2

Key Ratios

PE Ratio 36.91
PB Ratio 6.14
EV to Sales 6.28
PEG Ratio 1.02
ROA 10.64
ROE 17.52
Debt-Equity 0.59
Net Profit Margin 15.89
Operating Profit Margin 29.27

Bharat Forge Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue 15,909.50 13,083.12 10,656.98 6,505.16 8,243.71
Total Expenses 14,463.50 12,176.94 9,335.85 6,194.41 7,660.18
Profit Before Tax 1,438.99 826.95 1,380.51 -25.45 461.71
Profit After Tax 910.16 508.39 1,077.06 -126.97 349.25
Operating Profit After Depreciation 1,937.17 1,204.79 1,481.53 418.48 754.86

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets 6,323.47 6,165.40 4,869.70 4,749.68 4,001.71
Total Non Current Assets 9,333.61 9,382.17 7,677.98 6,963.40 6,291.79
Total Current Assets 10,015.51 9,002.02 7,930.96 6,214.44 5,271.05
Total Assets 19,349.12 18,384.19 15,608.93 13,177.84 11,562.84
Total Shareholder's Fund 7,170.18 6,705.53 6,570.67 5,415.12 5,219.74

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash From Operating Activities 1,664.40 1,294.47 505.85 1,020.02 1,521.95
Net Cash Used In Investing Activities -665.46 -1,665.58 -689.69 -1,511.06 -1,114.12
Net Cash Used In Financing Activities -202.69 280.27 310.17 578.30 -381.42

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue 9,130.98 7,723.21 6,422.11 3,791.97 4,724.77
Total Expenses 7,220.31 6,300.25 5,057.97 3,367.88 4,038.27
Profit Before Tax 1,895.23 1,382.75 1,395.94 414.91 592.59
Profit After Tax 1,424.96 1,045.47 1,077.80 312.09 473.52
Operating Profit After Depreciation 2,198.08 1,635.65 1,471.44 502 831.53

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets 3,156.41 3,237.70 3,301.12 3,459.01 2,807.77
Total Non Current Assets 7,584.78 7,808.15 6,389.30 5,879.52 5,454.56
Total Current Assets 7,602.87 6,385.95 6,451.55 5,235.03 4,262.87
Total Assets 15,187.65 14,194.10 12,840.85 11,114.55 9,717.44
Total Shareholder's Fund 8,568.78 7,700 7,109.77 5,948.63 5,355.06

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash From Operating Activities 2,091.56 788.26 275.45 813.74 1,376.66
Net Cash Used In Investing Activities -807.48 -596.03 -248.32 -1,129.95 -729.34
Net Cash Used In Financing Activities -640.51 -172.28 74.73 368.49 -619.74

Particulars (in ₹ Cr.) 2024-12 2024-09 2024-06 2024-03 2023-12
Total Revenue3,475.553,688.514,106.154,164.213,866.41
Total Expenses2,852.703,041.823,365.193,520.923,168.55
Profit Before Tax347.01385.18299.55365.82395.03
Profit After Tax212.78243.30174.58227.12254.45
Operating Profit after Depreciation661.22708.34793.30698.68755.52

Particulars (in ₹ Cr.) 2024-12 2024-09 2024-06 2024-03 2023-12
Total Revenue2,095.942,246.672,338.102,328.592,263.38
Total Expenses1,486.101,621.241,686.631,669.431,600.22
Profit Before Tax472.61501.92370.79512.71504.40
Profit After Tax346.04361.16269.42389.66377.81
Operating Profit after Depreciation641.23660.23696.06697.34697.71

Bharat Forge Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 1,043.90
S2 1,032.70
S3 1,015.40
Pivot 1,061.20
R1 1,072.40
R2 1,089.70
R3 1,100.90

Moving Average

20 SMA 1,102.28
50 SMA 1,092.25
100 SMA 1,187.99
200 SMA 1,366.84

Bharat Forge Ltd Corporate Actions

Bharat Forge Ltd

₹2.5/Share

Announcement Date 18 Feb 2025
Record Date 18 Feb 2025
Div Yield 125%

Bharat Forge Ltd Peer Comparison

Company Price Market Cap (in Cr)
AIA Engineering Ltd ₹3,146.40 ₹29,676.96
PTC Industries Ltd ₹14,449.95 ₹21,651.99
CIE Automotive India Ltd ₹413.25 ₹15,677.15
Ramkrishna Forgings Ltd ₹737.70 ₹13,362.84
Happy Forgings Ltd ₹800.05 ₹7,539.85

Bharat Forge Ltd Top Mutal Funds Invested

Fund Name AUM
Kotak Flexi Cap Fund 1.56%
Kotak Emerging Equity Fund 1.41%
Nippon India Growth Fund 1.92%
HDFC Mid-Cap Opportunities Fund 0.85%
Mirae Asset Large & Midcap Fund 1.46%

Bharat Forge Ltd News

Bharat Forge inks its largest domestic contract with Ministry of Defence

27 Mar 2025, 03:51 pm

Bharat Forge rises on inking pact with Ministry of Defence

Bharat Forge added 1.16% to Rs 1,195.95 after the company inked the largest domestic contract with Ministry of Defence for the supply of 184 indigenously developed Artillery System (ATAGS).

27 Mar 2025, 12:09 pm

ICRA reaffirms Bharat Forge's LT rating at 'AA+' with 'stable' outlook

Bharat Forge said that ICRA has reaffirmed the company's long-term rating at '[ICRA] AA+' with 'stable' outlook.

13 Mar 2025, 01:42 pm

Bharat Forge receives affirmation in credit ratings from ICRA

12 Mar 2025, 07:40 pm

Bharat Forge rises after arm inks pact With Taiwan's Compal Electronics

Bharat Forge advanced 1.17% to Rs 1,069.85 after the company announced that its wholly-owned subsidiary, Kalyani Powertrain, entered into a technology licensing agreement with Taiwan's Compal Electronics to manufacture X86 platform servers in India.

06 Mar 2025, 12:00 pm

Bharat Forge Ltd Stock Analysis

  1. Annual revenue for Bharat Forge Ltd increased by 18.23% to ₹9,130.98 crore in FY 2024 from ₹7,723.21 crore in FY 2023.
  2. Annual Net Profit for Bharat Forge Ltd increased by 36.30% to ₹1,424.96 crore in FY 2024 from ₹1,045.47 crore in FY 2023.
  3. Promoter Shareholding in Bharat Forge Ltd remains unchanged by 0.00% in the most recent quarter, from 44.07% in December 2024 to 44.07% in December 2024.
  4. Bharat Forge Ltd delivered a 1-year return of -9.95% compared to the Nifty 50, which provided a return of 8.44% as of the last trading session.
  5. Bharat Forge Ltd share price moved up by 1.24% from its previous close of INR ₹1,055.10. The latest Bharat Forge Ltd share price is INR ₹1,068.20.
  6. Bharat Forge Ltd share price today has been at a low of 1,041 and a high of 1,071.90. Over the past 52 weeks, the Bharat Forge Ltd share price has seen a low of 919.10 and a high of 1,804.50.

About Bharat Forge Ltd

Bharat Forge Limited is a major Indian multinational company. It has been a key player in the engineering and manufacturing sector for decades. Founded in 1961 and headquartered in Pune, the company specialises in metal forging and engineering solutions. It provides critical components to diverse industries. This includes automotive, railways, aerospace, marine, oil and gas, power, construction, and mining.
As part of the Kalyani Group, Bharat Forge is led by Chairman and Managing Director Baba Kalyani, who serves as the primary promoter. Apart from him, many other managerial promoters have contributed to the company’s success. They are Amit B Kalyani, S E Tandale, Dipak B Mane, Pratap G Pawar, P H Ravikumar and K B S Anand.
The company’s registered office is situated in Mundhwa, Pune, and it boasts a team of experienced professionals. The registrar’s office is located at Vikhroli, Mumbai. Bharat Forge has established itself as one of the largest forging companies globally. Its innovative engineering solutions have helped secure a major market share in the automotive and industrial sectors.
It is not currently the top-ranked stock in its sector. However, Bharat Forge remains a significant force in the global forging industry. The Kalyani family holds the majority of shares, providing strong backing for the company’s endeavours. Bharat Forge’s success can be attributed to its extensive experience and ability to adapt to changing market demands. The company continues to play a crucial role in shaping the engineering and manufacturing landscape.

The Bharat Forge Story

Bharat Forge Limited, a flagship company of the Kalyani Group, has a remarkable story of growth and innovation. Founded in 1961, Bharat Forge has evolved from a small manufacturing unit in Pune, India, to one of the largest forging companies in the world. This journey is a testament to the company’s commitment to excellence, innovation, and strategic vision.
The early years of Bharat Forge were marked by a focus on producing quality forged components for the automotive industry. Under the leadership of its founder, Dr. Neelkanth Kalyani, the company established a reputation for reliability and precision. This foundation laid during these formative years set the stage for Bharat Forge’s future growth and expansion.
In the 1990s, Bharat Forge embarked on a path of globalisation and diversification. It recognized the need to expand beyond the domestic market. So, the company began to explore international opportunities. This period saw Bharat Forge establish a presence in key global markets, including Europe and North America. The acquisition of Carl Dan Peddinghaus GmbH, a German forging company, in 2003 marked a major milestone in Bharat Forge’s global expansion strategy. This acquisition provided access to advanced technology. It also strengthened Bharat Forge’s position in the global market.
Bharat Forge’s success can be attributed to its relentless focus on innovation and technology. The company has invested heavily in research and development to stay at the forefront of the forging industry. Bharat Forge’s manufacturing facilities are equipped with advanced technology and automation. The company’s commitment to innovation is further demonstrated by its development of new processes to enhance the performance and durability of its products.
One of the key factors behind Bharat Forge’s growth is its ability to diversify its product portfolio and enter new markets. The automotive sector remains a significant part of its business. However, Bharat Forge has expanded into other industries, such as aerospace and railways. This diversification has reduced the company’s dependence on any single market. It has also opened up new avenues for growth and profitability.
Bharat Forge’s leadership under Baba Kalyani, the current Chairman and Managing Director, has been instrumental in driving the company’s growth and transformation. Baba Kalyani’s vision has guided Bharat Forge through various phases of expansion and innovation. His emphasis on technology and customer satisfaction has positioned the company as a leader in its industry.
Bharat Forge’s success is also a result of its strong customer focus and ability to build long-term relationships with its clients. The company works closely with its customers to understand their needs. This helps it offer solutions that meet its client's specific requirements. As a result, Bharat Forge gained the trust and loyalty of leading global companies in various industries.
The company’s commitment to sustainability and corporate social responsibility is another important aspect of its story. Bharat Forge has implemented various initiatives. This is to reduce its environmental impact and promote sustainable practices. The company’s focus on energy efficiency and renewable energy reflects its commitment to environmental stewardship. Bharat Forge’s CSR initiatives in education and community development have also made a positive impact on the lives of many people.
The story of Bharat Forge is one of resilience, innovation, and strategic vision. From its humble beginnings in Pune to becoming a global leader in the forging industry, Bharat Forge’s journey is a testament to its commitment to excellence and continuous improvement. The company’s focus on technology and customer satisfaction has driven its growth and success.

FAQ’s

What is the share price of Bharat Forge Ltd today?

Bharat Forge Ltd share price as on 19 Apr 2025 is ₹ 1068.2

What is the Market Cap of Bharat Forge Ltd?

The market cap of Bharat Forge Ltd stock is ₹51,069.43 Cr.

What is the PE Ratio of Bharat Forge Ltd?

The Price to Earnings (P/E) Ratio of Bharat Forge Ltd is 36.91

What is the PB Ratio of Bharat Forge Ltd?

The Price to Book (P/B) Ratio of Bharat Forge Ltd is 6.14

What is the 52 week high of Bharat Forge Ltd Share Price?

The 52 week high of Bharat Forge Ltd share price stands at ₹1,804.50

What is the 52 week low of Bharat Forge Ltd Share Price?

The 52 week low of Bharat Forge Ltd share price stands at ₹919.10

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