



Automobile And Auto Components | Mid Cap
Bharat Forge Ltd presents a strong financial profile, marked by excellent long-term stability and profitability. The company's primary strength lies in its very low reliance on debt, creating a solid foundation that makes it resilient to economic downturns. It consistently generates healthy profits from its operations and provides strong returns to its shareholders. The business is also in a growth phase, with rising sales and significant investments in new assets for future expansion. However, the company faces challenges in its day-to-day operations. It holds onto its products for a long time before selling them and is slow to collect payments from customers, which puts a strain on its available cash for short-term needs. While recent growth in sales is impressive, historical profits have been volatile. The future outlook appears positive, supported by its strong financial base and growth investments, but is tied to its operational effectiveness.
Bharat Forge Ltd presents a strong financial profile, marked by excellent long-term stability and profitability. The company's primary strength lies in its very low reliance on debt, creating a solid foundation that makes it resilient to economic downturns. It consistently generates healthy profits from its operations and provides strong returns to its shareholders. The business is also in a growth phase, with rising sales and significant investments in new assets for future expansion. However, the company faces challenges in its day-to-day operations. It holds onto its products for a long time before selling them and is slow to collect payments from customers, which puts a strain on its available cash for short-term needs. While recent growth in sales is impressive, historical profits have been volatile. The future outlook appears positive, supported by its strong financial base and growth investments, but is tied to its operational effectiveness.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
117.05
Industry Median
30.93
Mid Cap Median
59.96
P/E RATIO
88.80
P/B RATIO
10.03
Industry Median
4.46
Mid Cap Median
7.47
P/S RATIO
5.65
Industry Median
4.33
Mid Cap Median
7.54
Others
PEG RATIO
0.00
EV/EBITDA RATIO
32.53
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹2005 as on Aug 26, 2026.
The company's growth profile is mixed. It has achieved excellent growth in revenue and operating profit, indicating strong market demand and healthy core operations. The expansion of its asset base also signals investment for future growth. However, this top-line success has not consistently translated to bottom-line profit for shareholders, as historical earnings per share and net income have been volatile and pulled down by poor performance in past years.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 65.1 | 23.41 | 21.47 | -3.56 | 11.17 |
| Operating Profit Growth Rate | 138.34 | -12.41 | 47.5 | 5.07 | 8.36 |
| Earnings Per Share (EPS) Growth | 957.2 | -51.14 | 80 | -3.62 | 14.68 |
| Asset Growth Rate | 18.37 | 17.71 | 5.2 | 4.09 | 11.48 |
| Net Income Growth Rate | 948.03 | -52.83 | 79.13 | 0.33 | 19.28 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | AIAENG | 8.19 | 31.12 | Neutral | 1256.00 | 136.84 | 1269.00 |
| 2 | BHARATFORG | 7.04 | 88.80 | Neutral | 2917.00 | 17.13 | 1089.00 |
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Concall Report⬤11th May 26
Q4 & FY26 Earnings Conference Call
BULLISH SENTIMENT
No Stock News Available at This Moment.
Bharat Forge Ltd. is a leading Indian multinational forging company headquartered in Pune, Maharashtra. It manufactures a wide range of critical forged and machined components primarily for automotive, power, oil & gas, construction, and railway sectors globally. A key supplier to major OEMs, the company is known for its technological leadership, diversified product portfolio, and expanding presence in defense and e-mobility.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Bharat Forge Ltd's P/E ratio (TTM) is 117.05, compared to the industry median of 30.93 and large cap median of 59.96.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Bharat Forge Ltd's P/B ratio is 10.03, compared to the industry median of 4.46 and large cap median of 7.47.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Bharat Forge Ltd's P/S ratio is 5.65, compared to the industry median of 4.33 and large cap median of 7.54.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Bharat Forge Ltd's PEG ratio is 1.90.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Bharat Forge Ltd's EV/EBITDA ratio is 32.53.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Bharat Forge Ltd's ROE is 11.37%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Bharat Forge Ltd's ROA is 13.10%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Bharat Forge Ltd's ROCE is 13%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Bharat Forge Ltd's operating margin is 17.35%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Bharat Forge Ltd's net margin is 6.48%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Bharat Forge Ltd's current ratio is 1.06.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Bharat Forge Ltd's debt-to-equity ratio is 0.23.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Bharat Forge Ltd's interest coverage ratio is 6.16.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Bharat Forge Ltd's DPS is ₹8.58.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Bharat Forge Ltd's EPS is 14.68.
(Source line: "Ratios as of 26 Aug 2026, based on last traded price of ₹2005. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1961
Headquarters: Pune, Maharashtra
Core Offerings: Forged components, chassis components, engine components, transmission components, critical industrial components, defense products, e-mobility solutions
Stock Listing: NSE (BHARATFORG), BSE (500493)
Promoter: Kalyani Group
Bharat Forge was incorporated in 1961 as Bharat Forge Co. Ltd. and commenced commercial production of automotive forgings in 1966. The company significantly expanded its global footprint in the 1990s through strategic acquisitions in Germany and North America, becoming one of the world's largest forging companies by 2005. Today, it maintains its leadership in forging while diversifying into advanced sectors like aerospace, defense, and e-mobility.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Automotive | Approx. 60% | N/A (not reported segment-wise) |
| Industrial & Diversified | Approx. 40% | N/A (not reported segment-wise) |
Automotive: Manufactures a comprehensive range of forged and machined components such as crankshafts, front axle beams, steering knuckles, and connecting rods for commercial vehicles, passenger cars, and off-highway applications.
Industrial: Produces critical components for demanding sectors including oil & gas, power generation, construction & mining, marine, aerospace, and railways, leveraging advanced materials and manufacturing processes.
Defense: Through its subsidiaries, it is a significant player in the defense sector, manufacturing artillery guns, protected vehicles, and other specialized defense components.
e-Mobility: Developing innovative solutions and components for electric vehicle powertrains and related systems, positioning itself for the future of mobility.
Baba Kalyani - Chairman & Managing Director. A visionary industrialist, he has been instrumental in transforming Bharat Forge into a global manufacturing and technology powerhouse.
Kalyani Strategic Systems Ltd. (Defense business)
Kalyani Powertrain Ltd. (E-mobility initiatives)
Bharat Forge Aluminium Technik GmbH (Aluminium forgings, Germany)
Bharat Forge America Inc. (North American operations)
Notable corporate actions include a Rights Issue in 2020 (approx. Rs 500 Cr) to strengthen its financial position and various strategic global acquisitions to expand its manufacturing capabilities and market reach.
The Bharat Forge Ltd share price today is ₹2005 on NSE (BHARATFORG), as of 27 Aug 2026.
As of 26 Aug 2026, Bharat Forge Ltd share price is ₹2005, with previous close ₹2005. Today's range is ₹2005 to ₹2005. The 52-week range is ₹2005 to ₹2005.
As of today, Bharat Forge Ltd's market cap is ₹95,057.05 crore (Large Cap).
Bharat Forge Ltd's current P/E ratio is 117.05, compared to the GENERAL INDUSTRIALS sector average of 40.50.
Bharat Forge Ltd's current P/B ratio is 10.03.
Bharat Forge Ltd's current dividend yield is 0.43%. Last dividend of ₹2.50 per share was declared on 30-May-2024.
Bharat Forge Ltd's EPS (TTM) is ₹14.68.
Bharat Forge Ltd. is a leading Indian multinational forging company headquartered in Pune, Maharashtra. It manufactures a wide range of critical forged and machined components primarily for automotive, power, oil & gas, construction, and railway sectors globally. A key supplier to major OEMs, the company is known for its technological leadership, diversified product portfolio, and expanding presence in defense and e-mobility.
Bharat Forge Ltd is promoted by Kalyani Group, holding 44.07% as of 26 Aug 2026.
Bharat Forge Ltd is listed on NSE (BHARATFORG) and BSE (500493). Its next quarterly results are expected on Early August 2024.